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Home My WebLink About0737 ~PfqY~NiN~I MORTCAGE NOTE PrinciPal Amount: $10 ~ Q00 . 00 N~~: Hny 11 ~ 19?6 1?laturity Date: NOVe~ie]C I1 ~ 197b Intereat Rate: 94 Amortization Period: From the day hereot to the Maturity Date. + ' ; F Instalment Payment: ` i Firat Inatalment Payment Date: ~ lfl ~ 440. 00 p ~ us in*ere~t due oa November 11, 1976 ~ , FOR VALUE RECEIVED, the undersigned and if more than one, jointly and severaliy (the Dtaker). dces hereby coeenant and promise to pay to the order of Sun Bank of Sk Lucie County or to its successors or asaigns (collectively the Payee). at its principal office at 111 Orange Ave., Fort Pierce, Fla. or at such other place as the Payee may designate j to the ~iaker in a riting fmm time to time, in legal tender of the United States, the Principal Amount together with ; intereat at the Interest Rate on the unpaid balance of the Principal Amouni ? ~ The sums due and owinR hereunder at~all be ~iayable during the Amortization Period in equal monthly inatalments, each in t.~e amount ot the Instalment Payment, the tirst such Inatalment Payment to be made on the Fiist Instalment Payment Date and aubaequent Inatalment Paymenta on the tirst day o[ each month therea[ter until the Maturity Date whereupon the entire unpaid bal~nce of principal and interest accrued and unpaid thereon shall become due and pay- able: each such instalment when paid shall be applied [irat to the payment of interest on the unpaid balance at the In- terest Rate and the remainder thereo( to payment on account o[ principal. ~ i I[ any Inslalment Payment shall not be paid when due, thea the entire principal sum and accrued intereat here- ' under shall become due and payable at once or thereafter, at the option of the holder of thia Note. Tl~e Payee may. at 4 its option, collect a late charge not to exceed two centa for each one dollar of each Insfalment Payment not paid when ~ due to reimburse the Payee~ for e:penses of servicing delinquent Instalment Paymenta. Failure to e:ercise these optiona ~ shall not constitute a waiver of the right to exerrise the same in the event of any subsequent default. } lt is further agreeci that the Maker and each endorser, aurety, guarantor, jointly and aeverally, shall pay all coeta of = coltection ot this Note, including a reasonable attorney's fee, on failure to pay any Instalment Payment or any acerued ~ interest due hereunder on the due date thereof. This Note and all sums due hereunder shall bear interest at the higheat ~ lawful ratr of interest per annum in the State of Florida from the date when the principal and accrued intereat under t this Note shall be due and payabte. The total interest payable hereunder shall not in any one year exceet! the higheat ; lawful rate of interest in the State of Florida. " i This Note is secured by a Mortgage, dated the date hereof, ot property situated in the State of Florida. i ' The Maker agrees that it shall be bound by any agreement extending the time or modifying the above terma o[ k payment, made by the Payee and the owner or owners of the property affected by said Mortgage. whether with or with- ~ 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 Interest Rate, according to the terms of any such agreement of e:tension or modification. i . ~ ; The unpaid balance of the Principal Amoant, plus accrued interest shall become due and payable at the option of the Pa ee under the ha nin of an event b which said balance ahall or ma become due and ~ y ppe g y y payable under the terma ~ of said Mortgage. ~ This Note may not be changed orally, but only by an agreement in writing, signed by the party againat whom en- ~ forceme~lt of any waiver, change, modification or discharge is sought. - ~ All parties to this Note, whether Maker, principal~ surety, - guarantor or endotaer, hereby waive presentment for : ~ payment, demand, protest, notice of protest, and notice of dishonor, and e:pressly agree jointly and severally to remain ~ and continue bound for the payment ot the principal and intereat provided for by the terms of thia Note, notwithstanding ; ~ any e:tension or extensiona oi the time of, or for the payment of said principal or interest, or any change or changee in i ~ ~ the amount or amounts agreed to be paid under or by virtue o( the obligation to pay provided for in this Note, or any i ~ change or changes by way of release or surrender or substitution o( any real pmpetty and collateral, or either, held as security tor this Note, and w•aive all and every kind o( notice of such e:tension or e:tensions, change or changes, and ° agree that the same may be made without the joinder of the Maker. - 'F 161fl Edqevale R~dd , 'y~ Fort Pierce, Florida 33950 h ~ ~ _ ; ~ ; ~ /s/ Clyde O. Rogers ~ ~ ~ ~ f ; ~ ~ ~ /s/ Thelma H. Rogers ~ ~ ~ ~ - . ~ E r.+ FAGf IJ / ~ ~ ~ ~ rx~r ~u - rnrrrrr: er qrus ~ w~ a_. ~ t~:-> _ _ _ _ _ _ . _ .