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Home My WebLink About2332 1?@i1MUNLNT { j MORTGAGE NOTE ~~,,,t: a7,000.00 or No~: ~Dsr 1S, 1975 Matutity Date: T~ yea~ Intereac Rate: 9i Amortisation Period: From tbe dey hereo[ to the Maturity Date. Instalment Payanent: s~8.6$ PSrst Inatalraent Payment Date: j~p~= 1~ 1975 . FOIt VALUE RECEIVED~ the undersigned and if more than one, jointly and severally (the Nsker), dces hereby covenant and promise to pay to the order of Sun Bsnk oi Sk Lucie County or to its succeseors or aaeigns (collectively the Payee).'at ita principal oirce at 111 Orange Ave., Fort Pierce~ Fla. or at such other glace as the Payee may designate to the Msker in writing irom time to time. in legal tender of the United Statea. the Principal Amount together v~3th . intereat at We Interest Rate on the unpaid balsnce of the Piincipal Amoun~ T6e sums due and owinR hereunder shall be payable during the Amortization Period in equal monthly inatalments. each in tbe amount ot the Instaiment Payment, the ~rst suc6 Iastalment Payment to be made on the First Inetalment Payment Date and subsequent' Instalment Payments oa the first day ot e~ac6 month t6erea[ter until We Maturity Date whereupon We eatire unpaid balance ot ptincipal and interest accrued and unpaid thereon ahall become due and pay- ~ able; each'such instalment when paid sl~all be applied first to the payment of interest on the unpaid balance at the In- terest Rate and the remainder thereof to payment on account of principal. IE any Instalment Payment ahall not be peid wl~en due. then the entire principal sum aad accnied interest here- under ahall become due and payable at once or thereafter. at the option of tl~e holder of thia Note. Tbe Payee may, at its option. collect a lete charse not to ~oeed two oents for each one dollar of each Inetalment Paya~ent not paid when due to reimburae cLe Payee for e:penees oE aervicing delinquent Inatalment Payments. Failure to e:ercise thesc optiona ahall not conatitute a waiver of the right to e=enise the same in the event of any subsequent de[aul~ It is further agreed that the Maker and each endoreer. suretS?, Buarantor. )uinUy and severaUy. ahall pay all coste of rnllectioa ot this Note. including a reasonable attorney's fee, on failure to pay any Inatalment Payment or any accrued intcrest due hereunder on the due dete thereof. This Note and all s~uns due hereunder shall bear interest at the higheat . lawful rate of intereat per annum in the 3tate of Florida from the date when the principal and aocrued interest under this Note ahall be due and payable. The total intcr~st payable hereunder ahall not in any one year exceed the }ugl~eat lawful rate of interest in the State of Florida. - This Note ia secured by a Mortgage. dated the date hereof, of property aituated in the State of Ftorida. The Maker agrees that it shall be bound by any agreement eztending the time or modifying the above terma of paymeat, made by the Payee and the owner or ownera of the pmperty affected by said Mortgage. whetber with or with- ' out notioe to the Maker, and the Maker shall continue liable to pay tbe amount due hereunder. but with intereat at a i rate no greater tl~an the Interest Rate, socording to the terms of any such aareement ~of ertenaion or modification. I The unpaid balance of the Principal Amount, plus accrued intereat ahall become due and payable at the option of ~ ~ the Payee under the happening of an event by which said balance s6a11 or may become due and payable under the terms ` of said Mortgage. . . . ~ T'hie Note may not be c}ianged orally. but only by an agreement in writing, aigned by the party againat whom en- ~ forcement of any waiver. change, modi6cation or diecharge ia sought ~ Ali partiea to thia Notr, whether Maker. principal, surety. guarantor or endoraet, ,hereby waive presentment for payment, demand, ~rotest, notice of pmtest, and notice of dishonor. and e:pressly agree jointly and aeverally to remain and continue bound tor the payment of the principal and interest provided for by the terms of this Notc. notwithatanding any e:teneion or e:tensions of the time of. or tor the payment ot aaid principal or interest, or any change or changes in the amount or amounts agreed to be paid under or by virtue of the obligation to pay provided for in this Note. or any change or changes by way of releaae or surrender or subatitution of any real property and rnllateral. or either, held as security tor this Note, and v?sive all and every kind of notice of such e:tension or e:tensions, c6ange or changes. and agree that t6e same may be made without t6e joinder of t6e Maker. ~ 714 ~ 2sland 1?wau~e ~ lort Pierc~, pl~orids 33450 ~ K ~ ~ /s/ Homer M. Vanater ~ ~ ~ - ~ /s/ Gaye F. Vanater soac2~3 Pac~z3~ tqlik DiJ - ?AI.~TI~G d7 QAIi . ~ ~„r~ - . . . _ _ . ~.~*»~,.~'y - -y - ' _ _ . _ . . . . .,F, _~~"~...~.~_=;a _ _a z Y I l~ ~ ,~9' I!ty ~.-:z~::s _ .':i _ v,~~`. . _