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Home My WebLink About1706 i?ERY~N[Mtl MORTGAGE NOTE Principal Amount: $7SOO. Date o[ Note: Q~tp:?Ar j97§ Maturity Date: 60 !~{013t23~ ~ Interest Rata: lOt " Amortisation Period: ~om the day hereof to the Maturity Date. Inatalinent Payment: $159.36 F~rst Instalment Payment Date: Np~r 25 ~ 1975 , FOB VALUE RECEIVED, the undersigned and if more than one. jointly and severally (the ~laker), dces hereby covenant and pmmiae to pay to the order of Sun Bank of S~ Lucie County or to its successors or assigna (collectively the Payee). at its principal office at ill Orange Ave.. Fort Pierce~ Fla, or st such ather place as the Payee may designate w ~ ..va~iu ~°.a u. .~.Ta'a~iai6 ~avu w~ua~ ~w w~ua~~ iibui ~i.i.uuu ui ~wE a+Tii~a-u Viui.i:o~ ~i~c i?aTiCiF1-Y~? tillNlYl~~ {M(SCU?C[ NlU1 interest at the Interest Rate on the unpaid balance of the Principal Amounk The suzns due and owinR hereunder ahall be payable during the Amortization Period in equal monthly inatalmenta, each in the amount o( the Instalment Payment, the tirst such Inatalment Payment to be made on the First Instalment Payment Date and subeequent Inatalment Peyments on the tirst day of each month thereafter until the Maturity Date whereupon We entire unpaid balance oi principal and interest accrued and unpaid thereon shall become due and pay- able; each such inatalment when paid ahall be applied (irat to the payment of interest on the unpaid balance at the In- terest Rate and the remainder thereot to payment on account ot ptincipal. If any Instalment Payment shall not be paid when due. then the entire principal sum and accrued interest here- under shatl become due and payable at once or therea[ter. at the option of the holder of this Note. The Payee may, at its option. collect a late charge not to e:ceed two cents for each one dollar of each Instalment Payment not paid when due to reimburse the Payee for ezpenses of servicing delinquent Instalment Payments. Failure to e:ercise these options ~ shal! not constiLutc u a~aiver of !he sight to ezercise !he same in !he event of any subsequent defautL It is further agreed that the Maker and each endorser, surety, guarantor, jointly and severally. shall pay all coeta ot coUection of this Note. including a reasonable attorney's fee. on tailure 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 law[ul rate of interest per annum in the State of Florida from the date when the principal and acrrued intere.st under this Note shall be due and payable. The total interest payable hereunder shall not in any one year ezceed the highest lawful rate of interest in the State of Ftorida_ This Note is secured by a Mortgage, dated the date hereof, of property situated in the State of Ftorida. T6e Maker agrees that it shall be bound by any agreement e:tending the tune or modifying the above terma of ~ ~ payment, made by the Payee and the owner or ovmers of the property affected by said Mortgage, whether with or with- ' i out notice to the Maker, and the Maker shall continue liable to pay the amount due hereunder, but with interest at a ~ rate no greater than the Interest Rate, according to the terms of any auch agreetnent of e:tension or modification. i I 1'he unpaid balance of the Principat Amount, plus accrued intetest shall become due and payable at the option of f the Payee under the happening of an event by which said balanee shall 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 against whom en- forcement of any waiver, change, modification or discharge is sought. All parties to this Note, whether Maker, principal, surety, guarantor on endoraer, hereby waive presentment for payment, demand, protest, notice of protest. and notice of dishonor, and e:preasly agree jointly and aeverally to remain and continue bound for the payment o[ the principal and interest provided for by fhe terms o( t6is Note, notwithstanding any eztension or extensions of the time of, or for the payment o( said principal or interest, or any change or changes in the amount or amounta agreed to be paid under or by virtue of t6e obligation to pay provided for in this Note, or any ~ change or changes by way o( releaee or surrender or su,bstitution of any real property and rnllateral, or either, held as security tor this Note, and K-aive ali and every kind o( notice of auch e:tension or e:t~nsiona, change or changes, and ~ agree that the same may be made without the joinder of t6e Maker. 'f1~ Cedar Place = Fort Pierce, Flosida 33450 ~ z ~ ~ F G g E. L. Bruton a/k/a ~ E. L. Burton ~ ~ ~ ~ ~ Mary Bruton a/k/a ~ ~ ~ ~ - ~ ~ . ~ ~ ~ ~ao~c ~44 ~AC~1~1~i7 f ~ rcwr szJ - Pturrrr. a~ aa~,u~ ~ V;.~z , ; - ^ . - ^ : ~ "s ~~:.,;.'~~,.-±a~:s,~r,.-~~~=... .