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Home My WebLink About0244 ; ~rCRM~1NCNT1 ' ~ Y MORTGAGE NOTE a ~ . ~~t: 510,000.00 ~ No~: June 21, 1976 ~ , Maturity Data: OA! Ya~ i s ~ ineerea~ ~ce: 9 i ' _ 3 t Amortizauoa Period: ~om ihe day hereot to the Maturity Date. } Instalment Payment: P1'~IIC~~I. a~ ~AtQtOSt due in ODe p3yJdeAt OA i• June 30, 19T7 i Firat Inatalment Paya~ent Date: SeQ abOVe ~ } t . ~ FOR VALUE RECEIVED. the underaigaed and if more than one, joindy and severally (the Maker). dces hereby covenant and pmmiae to pay to the order of Sun Bank of Sk Lucie County os to its sueceasors or aasigns (coAectively the Payee). at its principal ofrce at 111 Orange ~4ve., Fort Pieree. FL. or at auch other plate as the Payee may designate to the ~aker in v?~riting from time to time. in legal tender of the United States, the Principal Aawunt together with interest at the Intereat Rate on the unpsid balance of the Prineipal Amount ~ ~ The sums due and owu~ hereunder shall be payable dnrin6 the Amortization Period in equa! monthly instalmenta. 1 each in the amount of t6e Instalment Payment, tl~e Ctst suc6 Instalment Payment to be made on the First Instalment ~ Payment Date and sub~equent Inatalment Payments on tbe t'trst dsy ot eacb mont6.tberea[ter unW the Maturity Date ; whereupon the entire unpaid balanoe ot priacipal and intereat accrued and unpaid t6ereon s6a11 become due and ~ay- able: each auch instalment when paid shall be applied first to tbe payment oi interest on the unpaid balance at the In- ` terest Rate and the remainder thereof to payment on account of principal. ! If any Instalment Payinent ahall not be paid whea due. then tLe mtire priacipal aum aad accrued interPat bere- ~ under shall become due and payable at once or thereafter, ac cbe option of ~t,e holder of chia Note. TTbee Payee mey. at its option, collect a late charge not to e:ceed two cents for each one dollar ot each InstaLnent Payment not paid when t due to reimburse the Payee tor e:peneea of aervicing delinq~ent Inatalment Payments. Failure to e:ercise these options ~ ahall not rnnatitute a waiver of tbe right to e:en~se the same in the event of any aubeequent default ~ ~ It ia further agreed that the Maker and each endoreer, surety, guarantor, joinUy and sev~erally, s6a11 pay all costs ot ~ collection o[ this Note, including a reasonable attorney'a [ee, on failure to pay any Instalment Payment or any accrued interest due hereunder on the due date ihereof. 'l~is Note and all sums due henwnder nhall bear interest at the highest lawful rate of interest per annum in the State of Florida Emm tLe date when the principal and acrrued intereat under thia Note ahall be due and payabk. Tbe total ~c~~.t ~y~ ~~na~r ~n noc ~ eny one y~ e:~a ct~ w~c lawful rate of interest in the State of Florida ~ This Note is secured by a Mortgage, dated the datc hereof. of property aituated 'w the 3tate of Fiorida ~ The Maker agreea tbat it sball be. bound by any agreement e:tendina the time or modifying the above terma of ` S payment, made by the Payee and the owner or owneis of the pmperty affected by said Mortaage, whether with or with- ' out notioe to the Maker, and the Maker shall continue liable to pay the amount due bereunder. but with intereat at a ~ rate no greater than the Intereat Rate, ac~cordinx to the terms of any such agreement of e:tension or modi6cation. The unpaid balance of the Principat Amount, pins acrrued intereat shall become due and payable at tbe option of the Payee under the happening of an event by which said 6~lanoe ahall or may become due and payable ander the terma ~ ; of said Mortgage. j This Note may noc be changed orally, but only by an agteement in writing, aigned by the party against whom en- ~ forrement of any waiver, change, madification or discharge is soughk ! ~ t ' All parties to lhis Note, vrhether Maker, princip~l, aurety. 6uarantor or endorser. hereby waive presentmeat for : ~ payment, demand. Pmtest, notiee of proteat, an~' ~ikt d dis~win,e. aad ~xpressly a6r~er jointly atd aeverally to remain E and rnntinue bound for the payment ot the principal and interest provided tor by tbe terms o[ this Note. notwithatanding ~ ; any eztenaion or ertensions of the time of, or tor the payment oi said principa) or interest, or any change or c6anges in ~ r the amount or amounte agreed to be paid under or by virtue of the obligation to pay pmvided for in Wis Note, or any ~ ! change or changes by way c?f rniease or surrender or subatitntion of any real property and collateral, or either. held as ~ security [or this Note, and w-aive all and every kind of notiee of such enension or e:tensions, change or changes, and ! agree that the same may be made without the joinder of t6e Maker_ ~ ~ ALFR 8. CARDBNAB 1 ~ . A,ddreas : ~ ~ N. . ~ ~ r 560 Ocean Drive _ ~ FOrt Pierce, Florida 3345~ ~ - ~ ~ t i ~ 2~4 ~ ~ - ~ ; , erwr au - pttrrtr, n a,u~ E '~~-,.5 - - ~ . - . ~ - ~