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HomeMy WebLinkAbout2510 ~?<AMAN[NTI MORTGAGE NOTE principal ~?mount: 2500.00 Dab of Note: NOVOObtt 13, 19T'.S ' Msturity Date: 60 NoTlth~ ~A~~~ 9t Amorti:ati~ Period: I~om We day hereo[ co ehe Maeusicy Date. tnstala~enc Pqyment: S 5 Z. 51 flrst Inatalment Payment Date: January 3, 1976 FOB VALUE RECEIVED. the underaigaed and ii more than one. jointly snd severally (the Ddaker). doea henby covenant and proause to pay to the order oi Sun Bank oi Sk Luete County or to its suaeasprs or assigns (collectively the Payee). st its principsl oifice at 111 Orange Ave.~ ~ort Plerce, Fla. or at sueh other place as the Payee msy daigoste to the Maker In writing irom time to time. in legsl tendes of the United States, the Prlncipal Amount togethu arith intereat at t6e Intereat Rate on the unpaid b~lsnee o! tbe PrlncIpsl Amount The aua~s due and owinK hereunder ahall be payable durina tbe Amortizatio~ Period in equal awnthly iustalmenb. each in t6e amount ot tbe Instalment Payment. t6e tirst such Instalment Paymen! to be made on t6e ~rst Instalment Payment Date and subequent Instalmeat Pa~ymeab on the first day of each mont6 t6ereetter until the Matority Date w6ereupon tbe entire unpaid b~lance of piincipal and interest acerned aad unpaid thereon ~all become due and pay- able; each euch instalmeat when paid ~hali ba applied Crst to tbe peyaient oE inteeest on tbe unpaid b~lanoe at t6e Ia- ' terest Rate and the remainder thereof to payment on acoount ot principal. . If any Instaiment Payment ahall not be paid when due. tben the entine principal sum and sociued intereat bere- under shall become due and payable at anoe or tLereafter. at the option ot the }wlder oE this Note. The Payee may, at it's option. colkct a late charse not to e:ceed two oeats for eacb oae dollar oE each Instalment Payment not paid when due to reimburse the Payee for espenses of senricing detinqueat Inetalment Paymeats. Failure to esercise these options ahall not constitute a waiver ot tbe right to e:ercise the asme in tbe event of eny subsequ~?t de[ault It is futther agreed that the Maker and each endorser. surety. suarantor. joindy and severaUq. ~6a11 pey all costs ot eollection of this Note, including a reasonable attorney's fee. on failure to pay any Instalment Payment or any accrued intereat due herennder on the due date thereof. This Note and all eums due hereunder aball bear interest at tLe hi~t lawful rate of intereat per aanum in the 3tate ot Florida from the date when tbe principal and aocrued interest under Wia Note ahall be due and payable. The total interest payable l~ereunder ahal! not in any oue year e:oeed tbe higheat lawful ratc of interest in tbe 3tate ot Ftotida. This Note is secured by a Mortgage, dated tbe date bereot. of property situated in tbe 3tate ot Florida. The Maker agreee that it ahall be bound by any agreement e:tendin6 the time or modifying the above terms of PaY~nt, made by the Payee and the owner or owneis of the pmperty aHected bq esid Mostaage, wbether with or with- out notioe to tbe Maker. and the Maker ahall continue liable to pay the amount due hereunder, but with interest at a rate no greater than the Intereat Rate. acrording to tbe terms of any such agreement of e:tenaion or modification. f The unpaid balance oE the Principal Amount, plus secrned intereat ahall become due and payable at tbe option ot ! the Payee under the happening of an event by which aaid balanoe ahall or may beoome due and payable undes tbe terms ~ of said Mortgage. I ~ , • Thia Note may not be changed orally. but only by an agreement in writing. aigned by the party ageinst whom en- torcement of any waiver. change. modiCxation or discharge ia eought ~ All partiea to tLia Note, whether Maker. principal. aurety. guarantor or endoreer. hereby waive preaentment for ! payment, demand. pmtest, notice of protest. and notice of dishonor. and ez ressl P Y aB~ loiatly and severallq to remain and rnntinue bound tor the payment of the princi~ml and interest provided tor by the terms of this Note, notwithstanding any e:tenaion or e:tenaions of the time of. or tor the payment of aaid principal or interesS, or any chanse or chanses in g 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 ot aubstitution of any real property and collateral, or either. held as 3 security tor thia Note. and v?aive all and every kind of notice of such enension or e:tensions. change or changea, and ~ agree that tbe eame may be anade wit6out the joinder ot t6e Maker. P. O. i~ux 8~5 ' I'ort Pierc~, Florida 33450 ; ~ ~ ~ _ /s/ Agnes Frere Johansen ¢ }~e J C J ~ ~ /s/ John Johansen ~ ~ ~ ~ " _ BG~K~'ti.c~ f'ALf zJV7 ~ rar~ n~ - ~anrrrr sr a,u~ ~ ~ = a