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Home My WebLink About2514 ~~~RM~MLMTI MORTGAGE NOTE Pcincipal Amount: =1~ 000.00 Date ot Note: MOh¦1b~= l~ ~ 1975 Maturity Dats: two y~an Interest Rate: l0i - Amortisstia? Period: F~om the day hereot to the Maturity Date. Inatalment Payment: =46. ZS ~tst Instalment Payment Date: JiRrit~~ 197i FOB VALUE RECEIVED. the wideraigaed and if more than one. jointly and severally (the Maker)~ doea heseby covensnt and pmmise to pay to the order of Sun Bsnk oi Sk Lucie County or to its aucceaaon or asaigns (coUeetively the Payee). st ib principal office at 111 Orange Ave., Fort Pieree. Fia. or at such other place as the Payee may designate to the Maker in writing imm time to time. In legal tender of the United Statea. the PrincIpal Amount together with intcreat st the Interest Rate on the ~wpaid balance oi the Principsl Amounk . T6e sums due and owinl[ bereunder shall be payable dnrina We Amortization Period in equal moatWy instalmenta each in tbe amount ot the Indalment Paymen~ ihe ~rst such Instalment Payment to be made on the First Instalment Payaaent Date and subeequent Indaladent Paymenb on tba fust day ot eacb month thereafter until the Maturity Date wbere~pon tbe eatire uapaid balance of priqcipal and intered accrued and unp~aid tbereon shall become due and pay- able: each wch instalment when paid ahall be applied ~rst to the p~yment oE intereat on the unpaid balance at the In- tereat Rate and the remainder t6ereof to payment on account of principal. ~ ~It any Instalment Paymeat ahall not be paid when due. then the. entire principal sum and accrued interest bere- under ahall become due and paysble at oaroe or thereaftcr. at the option oE the holder of t6is Note. T~e Payee may. at ib option. coUect a late c6arge not to ~oeed two centa tor each one dollar of ea~ Instalmen! Payment not paid when due to reianburse tLe Payee tor ezpenaes oi se~vicing delinquent Instalment Paymenta. Failure to ezercise these optioas ahall not rnnstitute a waiver of the right to ~ercise the same in the event of any wbecquent default It ia further agreed that the Maker and each endo~ser, surety. guarantor. jointly and severally. s6s11 pay all co~b of collection of this Note. includina a reesonable attorney's fee. on failure to pay aay Inatalmeat Paymeat or nny accrued intereat due bereunder on the due date thereot. This Note and all sums due hereunder shall b~r interest at the higheat lawful rate of interest per annam in tbe 3tate of Florida trom the date whea the psincipal and acctued interest under tLie Note ahall be due and payable. The total interest payable hereunder ahaU aot in any one year ezceed tbe higheat law[ui rate o[ interest in tbe 3tate ot Florida_ This Note is secured by a Mortgage, dated tbe date bereof. ot pmperty eituated in the 3tate of Florida. Tbe Maker egrees that it shaq be bound by any agreement eztending the time or awdifying tM above terms of payment. made by tbe Payee and tl~e owner or owners of the pmperty effected by said Mortgege. whether with or with- out notioe to the Maker, and the Maker shall continue lisble to pay the amount due hereunder. but wit6 interest at a rate no greater tban We Iatereat Rate. acrording to the teraia of any such asreement of e:fenaion or modiCu~ation. The unpaid balanoe of the Principal Amount, plus secrued interest ehall become due aad 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 ternns of said Mortgage. f E e This Note may not be changed orally, but only by an agreeuient in writing. signed by the patty againat whom en- ~ foreemeat of any waiver, change. moditication or discherge is sought i E S All parties to this Note, whether Maker, principal. aurety, guarantor or endoreer. hereby waive preaentment tor ~ paymeat, demand. protest, notice of proteat. and notice of disbonor, and ezpressly agree jointly and severaUy to remain = ~ and rnntinue bound for We payment oE the principal and interest pmvided for by t6e terms o[ this Note, notwithetandina ~ any e:tension or eutensions of the time of, or for the payment of said principal or intereat. or any c6ange or changes in ; the amount os amounts agreed to be paid under or by vidue of the obligation to pay pmvided tor in this Note. or any ~ c6ange or changes by way of release or surrender or aubstitution of any real property and rnllateral. or either, held as E security for this Note, and v?sive all and every kind of notice of such eztenaion or eztensions, change or changea, and ~ aaree tl~at the same may be mede without the joinder of the Maker. 0 ~ 609 ~lorlR Z?~nd ~trMt ~ - ~ort ~i~rc~, rlorida 33450 , ~ ~ F i € /s/ Birdie M. Ricks ~ S > i ~ ~ ~ ~ '1 ~ i 2 x ~ P~F~511 ll7N D!J - P1tIrIt1G S! QAA :;:.y~ ~ f;;~ ~ ~ , _ ; ~ _ ,.x ' ~3 _ ~ ~ . _ . f .~s .