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HomeMy WebLinkAbout0658 i ! IVEqM~N[Nfl ~ i . f MORTGAGE NOTE ' i Principal Amount: oa~. oo ~ °a~ °r N°~: Apri! 2. i976 Ma~urity Daee: "Ten Years In4ereat Rate: 3 ~ ; fv Amortization Period: F~om the day hereof to the Maturity Date. t Instatment Payment: ~ ?~i. :0 • ~ . ~ Firat Inatalment Payment Date: Jtlpe t, 19Tb ~ ~ ; FOR VALUE RECEIVED. the underaigned and if more than one. joinUy and severally (the ~taker), does hereby covenar.t and pmmise to puy to the order oi Sun Bank of S~ Lucie County or to ita succea~ors or sssigns (eollectivelq the Payee), at ita principal olfiee at 111 Orange Ave.~ Fort Aerce~ F7a. or at aucli other place aa the Payec may deaignste to the Maker in ~rriting from time to time. in legal tender of the United Statea, the Principal Amount together w+ith interest at the Interest Rate on the unpaid balanee oi the Principai Amoun~ f i : The aums due and owinR hereunder ahall be payable during the Amortization Period in equsl monthly instalmenta, each in We amount of the Instalment Payment. the tirst such Inatalment Paymen! to be made on the First Instalment Payment Date and subseQuent Inalslmeat Payments on tbe firat day o[ each month thereafter until the Maturity Date whereupon the entire unpaid balance of ptat~cipal and interest ~ccrued and unpaid thereon ahall bccome due and pay- able; each such inatalment when paid shall be applied first to the payment of interest on the unpaid balance at the In• tereat Rate and the remainder thereot to payment on accoun! of principal. If any Inatalment Payment ahall not be paid when due, then the entire prinripal 6um end aocnred intereat bere- ' under shall become due and ps~able at once or thereafter. at the option of the.holder of thia Note. The Payee may, at its option, rnllect a late charge not to e:ceed two centa for each one dollar of each Instalment Payment aot paid when due to reimbuese the Payee tor e:penees of servicins delinquent Instalment Paymeata. Failure to e:ercise tbeee options shall not constitute a waiver of the right to e:erciee t~ eame in the event of eny subeequent default ~ It ia furt}~er agreed that the Maker and each endoreer, surety, guarantor. joinUy and severaUy, ehall pay all costs ot collection o[ this Note, including a reasona6le attorney'a tee. on failure to pay any Instalment Payment or any socrued interest due hereunder on the due date thereoL This Note and all ayme due hereunder ahall bear interest at t6e higl~est lawtul rate of interest per anr?ual in the State ot Florida [rom the date when the principal and accrued interest under thia Note ahall be due and payable. The totat interest payable hereunder ahall not in any one year eueed the higheet lawful rate of intereat in the State of Florida. Thia Note is secured by a Mortgage. dated the date hereof. of property aituated in the 3tate of Florida_ ~ ~ , ! The Maker agreea that it shall be bound by any agreement e:tendin6 the time or modifying t6e above terms of ~ payment, made by the Payee and the ovmer or ownera of the property aHected by aaid Mortgage. whether with or with- ~ i out notic~e to the Maker. and the Maker ahall continue liable to pay the amount due bereunder. but with interrat at a rate no greater than the Interest Itate, socording to the terma o[ any such agreement of e:tenaioa ~or modif'ication. f ~ The unpaid balance of the Principal Amount. plua accnied interent shall become due and payable at the option ot ~ ! the Payee under the happening of an event by which said batanc~e ahali ormay become due and payable under the terme ~ ~ of said Mortgage. ~ ~ j ~ This Note may~ not be changed orally, but only by an agreement in writing, aigned by the party againet wham en- ~ torcemeat ot any waiver, change, modification or diacharge ia sought~ s ~ All parties to this Note, whether Maker, principal, surety, guarantor or endorser. hereby waive presentment for ~ payment, demand, proteat, notice of protest, and notice of diahonor. and e:preaely agree jointly and aeverally to remein ~ and continue bound for the payment o[ the principal and intereat provided tor by the terms of this Note, notwithstanding any e:tenaion or extensions of the time of, or for the paymer~t of said prir.cipal or inbereat, or any change or c6anges in ~ the amount or amounta agreed to be paid under or by virtue ot the obligation to pay provided tor in thie Note, or any ' i = change or changea by way of releaee or surrender or subetitution o( any real propecty and rnllateral, or either, held as ~ security for thia Note, and w•aive all and every kind of notice of auch e:tenaion or e:tensions, c6ange or changes, and ~ ~ agree that t6e same may be made without the joinder ot the Maker. ~ ~ Ps~~ril~~ oi PsapaTm~t ot sll ~ os ao~ psrt st ao~ Nme t• bsr~by ~ _ Srsst~d withoot p~ky. . ~ /s/ Laslo Sendrei ~ ~ _ - ~ fi X ~ ~ / s / Monika Sendrei ~ t ~ ~ ~ ~ j , ti ~ ~ t £ ~ = . E'c~ 2'~ ~ :~e ~ 25~. PAGE2563