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Home My WebLink About2763 ~~EAMANCMTI ; : MORTGAGE NOTE ; Principat Amounc: $25.000.00 Daee ot Note: SeptOtsbe~C 19, 1975 Met~rity nate: 7~ yeus lnterest Rate: 9? Amortizetion Period: ~om the day hereot to the Maturity Date. Instalment Payment: $ 38 3. 00 . flrst Instalment Payment Date: N01~91itb~t ZO ~ 197s FOA VALUE RECEIVED~ the undersigned and if more than one. jointly and severally (the biaker), dcea hereby ca~ena,-~L an~ pramtae to psy ta the or~er oi Sun Bsnlc of Sk I.ucie C~sniy or to its susc~~ra or aa$igna (c~liee~ively the Payee). at its principal office at 111 Orange Ave.~ Fort Piene, Fls. or at such other place aa the Payee may designate to the Maker in writing imm time to time, in legal tender of the United States, the Principal Amount together with intereat at the Intereat Rate on the nnpaid balance oi the Principal Amount The suma due aad owinR hereunder shall be payable duru?a the Amortisation Period in equat monthly instalments. each in the amount ot the Instalment Payment, the tirat such Instalment Payment to be made on the First Instalment Payment Date and subsequent Instalment Payments on the first day of each mont6 thereafter until the Maturity Date whereupon the entire unpaid balanoe of ptiucipal and inteteat accrued and unpaid thereon a6a11 become due and pay- able; each auch inatalment when paid shall be applied C~t to the payment of intereat on tbe unpaid balance at the In- terest Rate and the remainder L6ereot to payment on account ot principal. If any Instalment Payment ahall not be paid when due. then the entire principal ~ sum and acrrued intereat here- under shall become due and payable at once or tbereafter. at the option of the holder of thi~ Note. 'I'he Payee may, at its option. collect s late charge not to ezceed two centa for each one dollar of e~ch Inatalment Payment not paid wben due to reimb~uae the Peyee Eor e:penees of servicing delinquent Inatalment Paymenta. Failure to enerciae these optiona ahall not constitute a waiver of the right to e:erriee the same in the event of any aubaequent defaul~ It is turther agreed that the Maker and each endoreer, surety. guarantor. jointly and eeverally, ahall pay all casts of collection of this Note. including a reasonable attorney's tee, on Eailure to pay any Inatalment Payment or any accrued intere~t due hereunder on the due date thereof. Thia Note and all sama due hereunder ehall bear interest at the higheat lawful rate of intereat per annum in the 3tate of Florida fro~n We date when the principal and accrued intereat under this Note ahall be due and payable. Tbe tofal interent payable hereunder shall not in any one year ezceed the highest lawful rate of intereat in the State of Florida. This Note ia secured by a Mortgage. dated the date hereof, of pmperty situated in the State of Florida. 1be Maker agrees that it s6a11 be bound by any agreement e:tending the time or modifying the above temna o[ payment, made by the Payee and the owner or owneis of the pmperty affected by aaid Mottgage, whether with or with- out notice to the Maker, and the Maker ahall continue liable to pay the amount due hereunder, but with interest at a rate no greater than the Interest Rate. acrording to the terms of any such agreement of e:tenaion or modif'x~tion. ' The unpaid balanoe of the Principal Amount, plus accrued interest ahall become due and payable at the option of ~ the Payee under the happening of an event by which said balance ahall or may become due and payable under the terms ~ of said Mortgage. ~ ~ This Note may not be changed orally, but only by an agreement in writing. signed by the party againat whom en- ; forcement of any waiver, change, modiCcation or diecharge is aought All parties to Wis Note, whether Maker, principal, surety. guarantor or endoreer, hereby waive preaentment for payment, demand. protest. notice of proteat, and notice ot diahonor. and expresely agree jointly and eeverally to remain f and rnntinue bound tor the payment of the principal and interest pmvided for by the terms of thia Note, notwithatanding ~ any extenaion or e:tensions of the time of. or (or the payment of eaid principal or intereat, 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 t6is Note. or any F change or changea by way of releaae or surrender or subatitution of any real pmperty and collateral, or either, held aa ~ security for thia Note, and v?aive all and every icind of notice of such e:tension or e:tensions, change or changes, and ~ agree that the same may be made without the joinder of t6e Maker. ~ 323Z North Fed~ral ~'fyhNay ~ Fort Pferce, Flozida 33~50 ~ . A - /s/ Ernest M. Rovella s ~ ~ ~ c ~ ~ /s/ Phyllis Rovella ~ ~ ~ ao~K 2~3 P.,~~2763 ~ ftYiV 9tJ - PRIRTIY d7 AE,tRI ~ t ~ _~Y_F _ - r q ~ ""~~,3r~ ~f3 s . d''.~.''.~- ~ - r ,~.t`c~ ' . . . ..d'-i-.h` - _ . . _ ' s