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Home My WebLink About0529 ~ w . a ~PENY1IN[NT~ i+ ; ? ~ MORTGAGE NOTE ~ Principal Amount: s230~ 000, 00 Date ot tvoce: gep~~er 10~ 19T5 Maturity Date: TQII Yesrs ~ : # Interest Rate: 8# a~ s Amortization Period: From the day hereof to the Maturity Date. Inscaiment Payment: ~j j~ 500. 00, plu• iatere~t paysble aemi-annually until psid in full Firat Instalment Payment Date: Iy(slCh 10~ 19T6 FOR VALUE RECEIVED, the underaigned snd if more than one, jointly and setierally (the ~iaker). dces hereby , ~ co~enunt and promise to pay to the order of Sun Bank of S~ Lucie Connty or W its successors or assigns (collectively the Payee). at its principal of~ce at 111 Oranqe Ave., Fort Pierce. Fla or at such other place us the Payee may designate to the Maker in yrriting fmm time to time, in legal tendeT of the United States, the Principal Amount together with interest at the Interest Rate on the unpaid balance of the Primipal Amount. ~A~~,.f : ytM i -f~~''~ serni-annusl ; The sums due and owinR hereunder ahall be payable during t~ Amortization Period in equal r~? instalmente. each in tbe amount oi the Inatalment Payment. the firat such I talment Payment to be made on the First Instaiment Payment Date and subsequent Inatalment Paymenta ~ untif the Maturity Date whereupon the entire unpaid balance ot principal and intereat accrued and unpaid thereon shall become due aad pay- RI able; ~1.~~N V' ~ • ~ If any Instalment Payment shall not be paid when due. thea the entire principal sum and acctued intereat here- under shall become due and payable at once or thereafter, at the option of the holder ot this Note_ The Payee tnay. at its option, cotlect a late charge not to e:ceed two centa tor each one dollar of each Instalment Payment not paid when due to reimburse the Payee for e:pen.ses of setvicing delinquent Instalment Payments_ Failure to exemise these options shall not constitute a waiver of the right to e:ercise the same in the event of any subaequent default_ It is further agreed that the Maker and each endotaer, surety, guarantor, jointly and eeverally, shall pay all coata of . rnilection of this Note, including a reasonable attorney's fee, on tailure to pay any Instalment Paymeat or any accrued interest due hemunder on the due date thereof. Thia Note and all aums due hernunder ahall bear interest at the highest lawful rate of interest per annum in the State of Florida from the date when the principal and accrued interest under this Note shall be due and payable. The total interest payable hereunder shall not in any one year exceed the hiqhest lawful rate of interest in the State of Florida. • This Note is secured by a Mortgage, dated the date hereof, of property aituated in the State of F7orida. The Maker agrees that it shall be bound by any agreement extending the time or modifying the above terms of payment, made by the Payee and the owner or ovmers of the property aftected by said Mortgage, whether with or with- out notice to the Maker, and the 11laker shall rnntinue liable to pay the amount due hereunder, but with interest at a tate no greater than the Interest Rate. acrording to the terms of any auch agreement of e:tension or modification. The unpaid balance ot the Principal Amount, plus accrued interest shall beoome due and payable at the option of the Payee under the happening of an event by which said balance shaU or may become due and payable under the terntis - of said Mortgage. This Note may not be changed orally, but only by an agreement in writing, signed by the party 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 tor payment, demand, protest, notice of pmtest, and notice of diahonor, and e:pressly agree jointly and severally to remain ~ and continue bound [or the payment of the principal and interest provided tor by the terms of thia Note. notwithstanding any extensiun or eztensions of the time of, or for the payment ot said principal or interest, or any cl~anqe or changes in the amount or amounts agreed to be paid under or by virtue ot the obligation to pay provided for 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 this Note, and v?aive all and every kind o[ notice o! such extension or eYtensions, change or changes, and agree that the same may be made without the joinder ot the Maker. DFS REALTY, INC. . ~ ,,~~1. sY: ~ s i G~~=~ z r - ; ~e~>;vc.~ r ~ ~ ~f , ; B Y: / s/~J~k t~'.c~.~- l~t.<-G'L~t fc-~.c.~ 3 ~ _ ~ ~ ~,N:}~It,AL .L~ /r`_C~- ~ ` ~ ~ ~ sooK ~44 FA~E ~~y FCYM 92S - PhiliTll~ D7 l~AW ' i - ~ a ~ ~ . ~v _ -~:r~ ~i-Y.~..~_, ~ ~ ~~~f. +.t-~"'° ~ _