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Home My WebLink About0517 ~?(11Y~K[N~1 MORTGAGE NOTE ~ Principal Amount: ~ Uate ot Note: a.e. ~Y, 197s Macuricy pace: n» ~s . . lnterest Rate: ~ Amorlization Period: From the day hereof to the Maturity Date. Inatalment Payment: ~u.sz ~.~r ~ Firat Instalment Payment Date_ ~ FOR VALUE RECEIVED. the underaigned su~d if more than one, jointly and eeverally (the Maker). doea hereby covenant and pmmise to pay to the order of Sun Bank of S~ Lucie County or to its successora or asaigns (rnUectively the Payee), at ita principal ofrce at 111 Orange Ave.. Fort Pierce, Fla. or at such other place aa the Payee may designate to the Maker in a~riting from time to time. in legal tendet of the United States, the Principal Amount together ~vith interest at the Interest Rate on the unpaid balance of the Principal Amount The sums due and owing hereunder shall be payable during the Amortization Period in equal monthly instalmenta, each in the amount of the Inatalmen! Payment, the first such Instalment Payment to be made on the Firat Ir~atalment Payment Date and subeequent Instalment Paymenta on the tirst day uf eac6 month thereafter until the Maturity Date ~ whereupon the entire unpaid balance of priqcipal and intereat ac:rued and unpaid thereon ahall become due and pay- able; each such iastalment when paid shall be applied firat to the payment ot intereat on the unpaid balance at tke In- terest Rate and tbe remainder thereof to payment on account of principal. If any Instalment Payment shall not be paid wben due. then the entire princiPal sum aad accrued intereat here- under shall become due and payable at once or thereatter. at the option of the holder of this Note. The Payee may, at ~ its option. collect a late charge not to ezceed two centa for each one dollar of ~ch Instalment Payment not paid when ~ due to reimburse the Payee for e:penses of eervicing delinquent Inatalment Payments. Failure to e:ercise these options ahall not constitute a waiver of the tight to e:erciee the eame in the event of any subaequent default. ~ i It is further agreed that the Maker and each endoraer. eurety. guarantor. joinUy and eeverally, s6all pay all coste of collection o[ this Note, including a reasonable attorney's fee. on failure to pay any Instalment Payment or aay accrued interest due hereunder on the due date theteof. Thia Note and all suma due hereunder shail bear intere.st at the higheat ; lawful rate of interest per annum in the State of Florida from the date when the principal and accrued intereat under this Note ahall be due and payable. The total intereat payable hereunder shall not in any one year ezceed the higheat lawful rate oE interest in the State of Florida. This Note is secured by a Mortgage, dated the date hereof, of propetty aituated in the 3tate of Florida. ! The Maker agrees that it ahall be bound by any _agreement eztending the time or modifying the above terins of ; payment, made by the Payee and the owner or ownera of the property atfected by said Mortgage, whether with or with- ~ out notice to the Maker, and the Maker shaU rnntinue liable to pay the amount due hereunder, but with interest at a rate no ~.eater than the Interest Rate, according to the terms of any such agreement of extension or modification. The unpaid balanee of the Principal Amount, plus accrued intereat shall bernme due and payable at the option of E the Payee under the happening of an event by which said balance ahall or may becb~ due and payable under the terms ~ of said I?iortgage. s This Note may not be changed oratly, but on:y by an agreement in writing, signed by the party against whom en- ~ fomement of any waiver, change, modification or discharge is sought. i All parties to this Note, whether Maker, principal. surety, guarantor or endoreer, hereby waive presentment for ~ payment, demand, protest, notice of protest. -and notice of dishonor. and e:presely asree jointly and eeverally to remain r and continue bound tor the payment of the principal and intereat provided tor by the terms of tbis Note, notwithstanding any e:tension or e:tensions of the time o(, or tor the payment of aaid principal or interest, or any change or changea in the amount or amounts 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 of release or surrender or substitution of any real property and collateral, or either. held as security (or thia Note, and v?aive all and every kind o[ notice of such e:tension or e:tensiona, change or changea, and agree that the same may be made without the joinder of the Maker. ~ ~ ~ ~ ~j - Estelle Kirkland lbact Pi~o . ila. 33~50 ~ - PGYM 9SJ - FRJTIIC Dl ~.U~ ~ r~~ ~ ~ r;r:. - - . ~ - . . ~_.r~s._"g"': "4_.xr.r _ . M .+,s~'..~„~.._ ~ _