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Home My WebLink About0692 . ~ l . ~ irERw ANEN~1 MORTGAGE NOTE ~ Principal Amount: $S ~ OOO. Date of Noce: Jdnualy 30, 1976 Maturity Date: F1Ve Years Interest Rate: 9~ Amortization Period: From the day hereot to the Maturity Date. Instatment Payment: $10 3 . $ ~ ~ ~ Fitst Instalment Pay~nent Date: M81'Ch 1, ~ 7 t~ f FOR V 4LUE RECEIVED. the undersigned and if more than one, jointly and severally (the Maker)~ dcea hereby covenant and pmmise to pay to the order of Sun Bank ~of St. Lucie County or to its suecessors or asaigns (collectively the Payee), at its principal ofrce at 111 Orange A~e.. Fort Pietee, Fla or at such othe: place as the Payee may designate to the Maker in writing from time to time. in legal tender of the United States, the Principal Amount together with interest at the Interest Rate on the unpaid balance of the Principal Amounk. ~ The sums due and owing hereunder shall be payable during the Amortization Period in equal monthly instalments. each in the amount of the Instalment Payment, the tirst auch Instalment Payment to be made on the First Instalment Payment Date and subeequent Instalment Payments on the (irst day oi each month therea[ter until the Maturity Date whereupon the entire unpaid balance ot principal and intereat accrued and unpaid thereon shall become due and pay- able; each such instalment when paid shall be applied firat to the payment of interest on the unpaid balance et the In- terest Rate and the remainder thereof to payment on account of principal. . If any Instalment Payment shall not be paid when due, then the entire principal aum and accrued interest here- ~ under si?all become due and payable at onc~e or theresfter, at the option of the holder of this Note. The Payee may. at ~ its option, rollect a late clwrge not to e:cred two cenfs for each one dollar of each Instalment Payruent not paid when dae to reimburse the Payee for e:penses of servicing delinquent Instalment Paymenta Failure to ezercise these optiona , shall not coristitute a waiver of the right to exetrise the same in the event of any subecquent detault. It is further agreed that the Maker and each endorser. surety, guarantor. jointly and severally. shall pay all coeta o[ rnllection of this Note, including a reasonable attomey's fee, on failure to pay any Instalment Payment or any accrued interest due hereunder on the due date thereof. Thia Note and all sums due hereunder shall bear interesf at the highest ; lawful rate of interest per annum in the State of Florida fiom t6e date when the principal and accrued interest under this Note shaU be due and payable_ The total interest payable hereunder shall not in any one year e:ceed the highest lawful rate of interest in the State of Florida. ~ This Note is secured by a Mortgage, dated the date hereo[, of property situated in the State of Florida. ~ i The Maker agrees that it shatl be bound by any agreement eztending the time or modifying the above terms of ~ payment, made by the Payee and the owner or owners of the property atfected by said Mortgage, whether with or with= i out notice to the Maker, and the Maker shall rnntinue liable to pay the amount due hereunder. but with interest at a ~ rate no greater than the Interest Rate, according to the terms of any such agrcement of e:tenaion or modification. I E ! The unpaid balance of the Principal Amount, plus accrued interest shall becom~e due and payable at the option of ~ the Pa ee underthe ha ~ y ppening of an event by whirh said balanoe shall or may become due and payable under the terms ~ of said Mottgage. ~ r ~ This Note may not be changed orally, but only by an agreemeh[ m wnting, signed by tbe party againat whom en- torcement of any waiver, change, modiCtcation or discharge is sought. ~ All parties to this Note. ~vhether Maker, principal, surety, guarantor or endorser. hereby waive presentment for ~ payment, demand, protest, notice of protest, and notice of diahonor, and e:pressly agree jointly and severally to remain ~ ~ and continue bound for the payment o( the principal and interest provided tor by t6e temns of thia Note, notwithatanding any extension or extensions of the time of, or for the payment ot eaid principal or interest, or any change or changes in ~ the amount or amounts agreed to be paid under or by virtue of We obligation to pay provided for in this Note, or any change or changes by way of release or surrender or subatitution of any real property and collateral, or either, held as security for this Note, and w•aive all and every kind of notice of such eztension or extensiona, change or changes, and agree that the same may be made without the joinder of t6e Maker. ~ 2402 South 8th Street $ > ~ a ~ ~ _ ~ /s/ Agnes E. Bevis ~ ~ ~ ~ ~ 's ~ ` ~ ~ ~ ~ ~ ~ ~ ~ ~ F ~4$ mcf ~ FLVM 9tl - PA7.lTIlG !l E2ARf ~ ' - ~ ~~`~"-'"~.'~-'s`-~ ~ a _ . . _ . - - ` - .~a=sN,~r_;