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Home My WebLink About0931 ~~FRM~N[N~1 INiORTGAGE NOTE Principal Amount: ,~'j36 ~ 00~. 00 Dnte ot Note: D~Ctail~bHZ 31 ~ 1975 I1~aturity Qate: OA~ Y88r Interest Rata~: ~t Amortization Period: From the day hereot to the Maturity Date. Instalment Payment: F~rst Instalment Payment Date: S36,paQ.00 plus inte~c~st due Deca~ber 3I, 2976 FOR VALUE RECEIVED. the undersigned and ii more ihan one. jointly and aeverally (the 111akes). dces hereby co~enant and promise to pay to the order of Sun Bank of S~ Lucie County or to ita successora or assigns (collectively the Payee). at its principal of~ce at 111 Orange Ave., Fort Pierce. Fla. or at such other place as the Payee may designate to the Maker in w-riting irom time to time, in legal tendei of the United States, the Principal Amount together v?~th interest at the Interest Rate on the unpaid balance of the Principal Amount The aums due and owinR hereunder ahall be payable during the Amortization Period in equal monthly instalmente, eac6 in the amount ot the Instalment Payment, the tirat auch Inatalment Payment to be made on the First Inatalment Payment Date and subsequent Inatalment Paymente on the tirst day of each month thereafter until the Maturity Date whereupon the entire unpaid balance of principat and interest accrued and unpaid thereon shall become due and pay- able; each such instalment when paid shall be applied Crst to the payment ot intereat on the unpaid balance at the In- terest Rate and the remainder tbereoi to payment on account of principal. If any Instalment Payment shall not be paid when due, then the entire principal sum and acrrued intereat here- under ahall become due rind payable at once or thereafter, at the option ot the holder of this Note. The Payee may, at its option. collect a lata charge not to e:cced two centa for each one dollar o[ each Instalment Payment not paid when due to reia?burse the Payee for a:penses of aervicing delinquent Instalment Payments. Faiture to e:emiae these options shali not constitute a waiver of the right to e:ercise the same in the event of any subsequent default. It is further agreed t6at the Maker and each endorser, aurety. guatantor, jointly and severally, shall pay all co~ts of collection of this Note, including a reasonable attorney's fee, on tailure to pay any Instalment Payment or any acrrued interest due hereunder on the due date thereof_ This Note and all sums due hereunder shall bear interest at the highest lawful rate of interest per annum in the State of Florida trom the date when the principal and accrued interest unuer this Note ahall be due and payable. T}~e total interest payabte hereunder ahall not in any one year exceed the highest lawful rate of interest in the State of Florida. This Note is aerured by a Mortgage, dated the date hereof, o[ property situated in the State of Florida. The Maker agrees that it shall be bound by any agreement extending the time or modifying the above terms ot payment, made by the Payee and the ovmer or owners of the property aftected by said Mortgage, whether with or with- ~ out notice to the Maker, and the Maker ahall continue liable to pay the amount due hereunder, but with interest at a { rate no greater than the Interest Rate, acrordinR tu the terms of any such agreement of e:tension or modification. I ~ The unpaid balance of the Principal Amount, plus accrued intereat shall become due and payable at the option ot ~ the Payee under the happeninq of an event by which said balance shall or may beeome due and payable under the terms ~ of said Mortgag~_ ~ This Note may not be changed orally, but only by an agreement in writing, signed by the party against whom en- fomement of any waiver, change, modification or discharge is sought. All parties to this Note, whether Maker, principal, surety, guarantor or endorser. hereby waive presentment for payment, demand, protest, notice of protest, and notice of dishonor, and e:pressly agtee jointly and aeveraily to remain and continue bound tor the payment of the principal and interest provided for by the terms of this Note, notwithatanding ~ any e:tension or e:tenaions o[ the time o(, or for the payment of said principal or interest, or any change or changes in the amount or amounta agreed to be paid under or by virtue of the obligation to pay provided tor in this Note, or any ~ change or changes by way ot release or surrender or substitution of any real pmperty and collateral, or either, held as ~ security for this Note, and H~aive al) ard every kind o( notice of such e:tension or e:tensions, change or changea, and agree that t6e same may be made without the joinder of the Maker. ~ 2e2s okeechobe~ Roaa k Port Pferce, Florida 33~t50 ~ ~ ~ ~ /s/ R~lph L. Griner ~ /s; Avanell M. Griner ~ E~l~~~f ~ a ,i!~c r~ ~ ta~r au - eRtrrts; s~ Q,vA ~ :r ~ ~ ~ ~ _ . _ y~~zs.. - ~'.a,~°-c.+.^ ~ ":3r~: ' ~ b'r~'.4"', r ;r ' ~ ~~,>r . - ..v~=~~,:- . ~ _