The URL can be used to link to this page

Home My WebLink About0247 i?[qMwNCNT1 MORTGAGE NOTE Principal Amount: =s ~ Q~~ Date of Note: k~= Z~ ~ 1~75 Maturity Date: 30 ~Ont~ Interest Rate: ~~j~ ~ Amortization Feriod: From the day hereot to the Maturity Datc_ Inatalment Payment: =1~7•~0 ~rat Instalment Payment Date: ~C~= 20 ~ 197s , FOA VALUE RECEIVED~ the underaigned and if more than one. jointly and severally (the :~laker), dces hereby covenunt and promise to pay to the order of Sun Bank of S~ Lucie County or. to its successors or assigns (collectively the Payee). at its principal office st 111 Orange Ave.. Fort Pierce. Fla. or at such other place us the Payee may designate to the biaker in w-riting from time to time~ in legal tender of the United States. the Principal Amount together v?~th intereat at the Interest Rate on the unpaid balance of the Principal Amount The sums due and owinR hereunder ahall be payable during the Amortization . Period in equal monthly instalments. each in the amount of the Inatalment Payment. the tirat such Instalment Payment to be made on the Fi~st Instalment Payment Date and subeequent Instalment Payments on the first day o( each month thereafter until the blaturity Date whereupon the entire unpaid balance of principal and intereat accrued and unpaid thereon shaU become due and pay- able; each such instalment when paid shall be applied firat to the payment o[ interest on the unpaid balance at the In- terest Rate and the remainder thereo( to payment on account ot principal. If any Instalment Payment shall not be paid when due. then the entire principal sum and accrued interest here- under shali become due and payable at once or thereaiter, at the option of the holder ot this Note. The Payee may, at its option, cotlect a late charge not to ezceed two cenfa for each one dollar of each Instalment Payment not paid when due to reimburse the Payee for expenses of servicing delinquent Instalment Payments. Failure to exetcise these optiona shall not oonstitute a waiver of the right to ezercise the same in the event of any subeequent default. ' It is turther agreed thal the Maker and each endoraer, aurety. guarantor. jointly and severally, shall pay all costa of collection of this Note, including a reasonable attorney's fee, on failure to pay any Instalment Payment or any accrued interest due hereunder on the due date thereof. This Note and all sums due hereunder shall bear interest at the highest lawtul rate of intecest per annum in the State of Florida !rom the date when the~ principal and acctued interest under this Note shall be due and payable. 'The total interest payable hereunder ahall not in any one year exceed the highest lawful rate of interest in the State of Florida. This Note is secured by a Mortgage, dated the date hereof, of property siWated in the State of Ftoride. The Maker agrees that it shall be bound by any agreement e:tending the time or modifying the above terms of I~ payment, made by the Payee and the owner or owners of the property af(ected by said Mortgage, whether with or with- out notice to the Maker, and the Maker shall continue liable to pay lhe amount due hereunder, but v~nth interest at a rate no greater than the Interest Rate, according to the terms of any such agreement of extension or modification. The unpaid balance of the Principal Amount, plus accrued interest shall become due and. payable at the option of the Payee under the happening of an event by which said balance shall or may become due and payable under the tern?s of said Mortgage. 1'his Note may not be changed orally, but only by an agreement in writing, signed by the pariy against whom en- forcement of any waiver, change, modification or discharge is sought_ All parties to this Note, whether Maker, principal, surety, guarantor or endorser, hereby waive presentment for payment, demand, protest, notice of ptotest, and notice of dishonor, and e:pressly agree joinQy and severally to remain and continue bound tor the payment of the ptincipal and interest provided for by the terms of this Note, notwithstanding any eztension or e:tensions of the time ot, or tor the payment oi said principal or interest, or any change or changes in the amount or amounts agreed to be paid under or by virtue ot the obligation to pay provided tor in this Note, or any change or changes by way of release or surrender or substitution of any real property and collateral, or either, held as security tor thia Note, and vraive all and every kind ot notice ot such e:tension or e:tensions, change or changea, and agree that t6e same may be made without the joinder o[ the Maker. 21i rost,b 3l1L Sts+Mt ; tos6 Pierco. lLorida ~3t50 ~ /s/ Carlton A. Lucas ~ /s/ Virginia F. Lucas lYfM 3T7 - Fhll:~~. ~ . ~ ~~2~4 ~ 24? ~ ~ ~ ~ ~ ~r_ _ : ~ _ - - - - _ ~ r