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~ MORTGAGE NOTE .
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Princ;pal waaount: $A,000.00 ~ N~~ Auqu~t 30. 19T6
Maturity DRte: ~ Yeiri
Int.re.t Rate: 8 3/4 •
Amotti~tion Period: F`rom tbe day 6eteot b tl~s Matudty Dsb.
in.~nc ray~,c: $153.15 p~r Month
Pint Instalmeat Payment Date: OCtob~r 10 ~ 1976
FOIt VALUTs ItECEIVED. the nndersigned and if mon than one. 3ointly and ~everally (the 1[ai~er). does hereby
eovenant and pmm~ae to psy to the order oi 3un Banl~ of 3k Lncie County or to its suoee~wn or a~dans (colleetively the
Psyee), at its principal offiee at 111 Orange Aoe., Fort Aerce. Fla. or st weh other plaee as the Psyee msy dai~nabe
to the 1[sker in writiug lrum ttme to time~ in legal tr.nder ad tha Uaited 3tate~, tbe Principal Amount togethe~ with
interest st the Intenit Rate on t6e unpsid balanoe o! the Principsl AaaunL
TLe aums dus aud owinR hezeunder shatl be PaYable aurin~ the Amostisation Peiiod in eqa+il monWly insWme~b. -
earL in the amoun! o[ the Ind~elmeat Paymen~ tbe tird wc6 Indalment Payment to be m~ds on tbs F'irst Iu~talment
Pqyment Date and wbsequent In~talment P~ymeab on Ws fin! day ot e~ch moAth tbereaEtes until tbe Msturitp Date
wrhere~tpon t6e entit~s unpeid balaacs ot pri~c.ipal and intered aociued ana unpaid tLenon ~6s11 become dus and psp-
able: ~ wch ;a~dalment ~rLea peid s6a11 be applied fird to ths peyment ot int~eeR on t6e unp~id belaeoe at tl~s In-
tenst Rate and tbe remsinder tbereof to p~rmeqt oa scrount ot piiadpal. -
Ii a~iy Li.talment Paymeat ahaU not bs paid wben dus. thea tl~s eacire prinat~l wm and acMUed intersst bere-
under ahall become due and pqyable at oeiee or tbereatter. at tl~e optia~ aE tLs boldas oE tbis Nats~. The Psyee meq?. et
its option. colkct a late cbar~e not to ~oeed two oeab tor e~ch aoe dollar ot esc~ Instalment P~ym~t not paid whm
due to reimburee the Payee tor e:penses ot ~e~vi~an~ delinq~tt L~sW~t Pa,~rmsnb. Failure to eut~ise thess optiaos
~hatl not oonstitute a waiv~es oE t6e ri~ht to e:eirise the ~ame in ths erant oE an~ ab~equeat detault
It is furtber a~reed that tl~e Maker and e~ a?doner. weet~?. ~araator. )'o~nW? and ssvesalur. a6a11 P0.Y ~11 oo~ts ot
ooikctio~ of this Note. inctuding a ree~onabie attorney
a Eee. oa faiture io pap any Indalment Pa~ment or any aocrued
interest due bereunder ~ the due date tbereoL ~is Note and alt sums dne bee+eunder shall.beer intere~t at die hi~e~t
lawful rate of intered pes annum in tbe State d Florida irom tbe dste whea tbe priucipd and aocnied intere~t nndes .
tbis Note aball be dne and payable. The total iaterest pay4bie 6e~eundsr shall not in any uoe year e:oeed tbs~hi~hest
lawhil rate ot intere~t in We State ot Florida.
T6is Note is secured by+ a Mortaaae. dated the date bereof. of PropedY sitdated in tLs State ot Fiorids. -
The Maker agn~es that it ahall be bound by eny a~ae~t ~teadins tbe time or modifyins the abwe tern» of
P~Y~A~. mede by the Payee and tbe owner or owi?ea ot tbe property aHected b!? ssid Mort~e, wrbetber with or witb-
~ out aotios to tbe Maker. and the Maker ahall ca~ntinue liabie to psy tbe amonnt dus bere~mder. bat Mrit6 intat~t et a
~ rate no greater tban tl~e Interest Rate, aooordins to tbe terms ~ any a~ch aae+eement oE euten~ion or madifiCatioo.
I ` The unpaid belance oE t6e Princ.7pal Amoun~ Plos aocrued in4rest ahall beooms dne aud payable at tbe option ot
~ the Payee under the happening of an event by whicL aaid bslanoe ~6a11 or ms~ beooms due and payaWe under tbe terms
~ of ~sid Mortgaae.
~ This Note may not be changed orally. but only by an asrea~ent in writing. sigoed by tbe party against w?1~vm sa-
foroemeat of eny waiver. change. modification or discharge ia souaht
pll parties to thia Note, wbether Maker. principal, surety, suarentor ot endor~er. benby waive praentment for
Pe~tnent, de~nand. Proteak notioe ot protest. and rwtice of didwnor. and e:P~~Y 86~ l~ur and iev~erally to remain
and continue bound for t6e payment of the princip~al and intered provided tor by tbe term~ of tbis Note, notwi~
any enemion or ezteaaiom oi the time of, or for tl~e payment of aaid principal or interad, or any chanae or cbanae~ in
the amouat or amounts aareed to be p~id nider or by vidue ot t6e obliaation to pay provided for in this Note, or 'any
chanae or changes by way o( releate or eurrender or aibstitutioa of any real property and collateral, or eiWer. beld a~
secvrit~ for this Note. and waive all and every kind of aotioe of suc6 eztension os eztension~. chanse or changes. and
agree tbat the same may be made without !be joinder of t6e Maker. ~
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Patricia Diu~n
. Orbie J. Dixon
~~o~ 257 FACE 594
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