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Home My WebLink About0926 ~~ERY~N[NTI MORTGA~E NOTE ' Principal Amount: S6 ~ 00~• QD Date ot Note: ~~d~Or Z~ • Z97s Maturity Date: 'j'eD Years interest Rate: 9e , Amortization Period: From the day hereot to the Maturity Date. Instalment Payment: S 7 6. Q 1 Firat instal,-nent Paytnent Date: 1reb1^t2alY IO ~ 1976 FOR VALUE RECEIVED. the underaigned and if more than one, jointly and severally (the \fakerj, does hereby co~ens?nt and promise to pay to the order of Sun Bank of St. Lucie County or to its succeasors or assign$ (collectively the Payee). at its principal office at 111 Orange A~e., Fort Pierce, Fla. or at such other place aa the Payee may designate to the Jiaker in writing from time to time, in legal tend~r of the United Statea. the Principal Amount together with intereat at the Interest Rate on the unpai~ balance of the Principal Amount The aum~ due and owinR hereunder shall be payable during the Amortization Period in equal monthly inatalmenta, each in the amount o[ the Inatalment Payment. the first such Instalment Payment to be made on the Firat Instslment Payment Date and subsequent Inatalment Paymenta on the tirst day ot each mont6 therea(ter until the Maturity Date whereupon t6e entirn unpaid balanee of priqcipal and inter~:t accrued and unpaid thereon ahall become due and pay- able; each such instalment when paid shall be applied (irst to the payment of intereat on the unpaid belance at the In- terest Rate and t6e remaindec thereof to payment on account of principal. If any Inatalment Payment shall not be p~aid when due. then the entire principal sum and acrrued interest here- under shall become due and payable at once or theteatter, at the option of the holder of this Note. The Payee may, at ita option, coilect a late charge not to e:eeed two cents for each one dollar of each Inatalment Payment not paid when due to rnimburse the Payee tor e:pensea of servicing delinquent Instalment Paymenta. Failure to exercise these optiona shall not constitute a waiver of the right to exerciae the same in the event of any subaequent detault. It is further agreed that the Maker and each endorser, aurety, guarantor. jointly and eeveraUy, ahall pay ail costs of collection oi thia Note, including a reasonable attorney's fee, on Iailure to pay any Instalment Payment or any acrrued intetest due hereunder on the due date thereof. This Nate and all sums due hereunder shall bear interest at the highest lawful rate of interest per annum in the State of Fiorida trom the date when the principal and accrued interest unuer this Note shall be due and payabie. The total interest payable hereunder shall not in any one year e:ceed the highest lawful rate of interest in the State of Florida. 1'his Note is secured by a Mortgage, dated the date hereof, of property situated in the 3tate of Florida. The 1liaker agrees that it shall be bound by any agreement e:tending the time or modifying the above terms ot ; payment, made by the Payee and lhe owner or owners o[ the pcoperty aftected 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 Intereat Rate, according to the terms of any such agreement of extension or modi~cation. i ~ The unpaid balance of the Principal Amount, plus accrued interest ahall become due and payable at the option ot ~ the Payee under the happening of an event by which said balam~e shatl or roay beeome due and payable under the terms of said Mortgage. ! ~ € 1'his Note ma not be chan ed orall but onl b an a reement in writin si ed b the Y 8 Y. Y Y B B, Bn Y Pany against whom en- forcement of any waiver, change, modification or discharge is sought. Ali parties to this Note, whether Maker. principal. surety, guarantor or endoraer. hereby waive presentment for payment, demand, protest, notice ot protest~ and notice of dishonar, and e:presaly agree jointly and eeverally to remain an~ continue bound tor the payment of the principal and interest provided tor by the ternoa of thia Note, notwithstanding any e:tension or extensions of the time of, or (or the payment ot said principal or interest, or any change or ch;nges in the amount or amounts agreed to be paid under or by virtue of the obligation lo pay provided tor in thia Note, or any ~ c6ange or changes by way of release or surrender or subatitution of any real property and collateral, or either, held as security tor this Note, and w-aive all and every kind of notice of such e:tension or e:tensians, change or changes, and ~ agree that the aame may be made without the joinder of lhe 111aker. ~ ~.~03 $Ott~l Z7~1 $tSBAL ~ Fort Yierce, Florida 33~50 ~ ~ ~ ~ ~ ~ TS~S~~~ a~b~~V~~~ ~ ~ ~ ~ /s/ Vernon W. Coffey ~ ~ ~ ~ f ~ Ei::.f G. 2 ? ~:-_t C F'x!I ?!J - PP11f1iY. S7 NFAJi ~ N~Y~ ~c. ~.:-R~~ r ~ < - ~ xx ~ ~~~~'i~-~ _ °~~~W