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HomeMy WebLinkAbout0846 ' i~s~MwNtNt~ MORTGAGE NOTE Pr~cipal w~r,oant: 7500~.00 D.a ot Noe.: ~t ~1. 1~'i M~tusib? Date: ~ x~~: • ~/a ~ ~ . Amortiu6oa Peeiod: I~oa? !he de~t? bee~eot b tl~s Maturit~? D~ta. ~ L~atalmeAt Payanent: ~ 1 te~st L~stalment Pa,ya~ent Date: u~ 1~ - F08 VALUE RSCEIVED, tbe underaigaed and it more tban one. ~oinW? aad severally (the Matar). does hereby eovenant and pramt~e to psy to the order oi Sun Bsnk oi 3t Lucie Couaty or to its succaswrs or ssdgnt (wlleetivel~ tbs PaYee). at ib prineipsl oifiee at iii Osange Ave-, Fost Pierce. P9s. or at auh other place as the~Psyee may ~ats to the lt~icer in wr[ting fronn tims to tiWne. in le~sl tendez oi the Udted Stata. the PrlnciPal Amouat togetber wit6 intenst st the Interest Bate on. tbe anpaid bslsnee oi tbe PrIneipal AmounL 1Ue aums dus and o+?iiu~ hereundsr shall be P~sYabte duiin~ tbs Amort~atian Period in eqnal mantbl~ in~Wmeab. esc6 in the amaunt of ths Instalnoeat Payment, ths fird wch IndaLmsnt Paymea! to be made oa ths FSrK L~dalment - Paymeut Date and a~b~equent In~Wmeut Paymenb on t6~~i? at each mont6 there~ftas w?til tbs Mat~uih Daa w6ereupon tbe entirs unp~sid belanoe ot pri~qcipsl and intere~t aocrasd and unpaid Wera~ ah~ll bsooa~e dus end pe17?- able: esch wch instalmsnt whaa paid sbsll be applied Cust to tbs payment oi iuterest on !be unpaid balanca at tLs In- _ tereat Rate ar?d t6e r~ainder tbereof to ps~rment on sooount_ot pri~ipal. - - ~ If any Instslment Paya~ent shsll not be poid wbea due. tbea the ~tirs principal aim ~nd aocsued int~est ltss~e- under ahall beco~s due and payable at onoe or tbsreafter. at tbs option eE the ~ a£ th~s Note. 'Il~s Payee m~Ur. at - ib optia,. couecc a lats d~ar~s Aot to esoeea two o~e. to: ead, one aoua: ot eacb In~stalment Psymeat not p.id .~bm due to reimburse tLe Payee for ~penses ot setvicins delinquent Lutalment Payaienb. Failnre to e~eecue thMe optiaos aball not oonstitute a wairer of We ri~ht to a:ercise tbe ssme in t6e ereat ot anp sub~eqnent dsfault It is further asreed that tbs Maker and ea~h ~ndoiser. suretY. sua*antor._ jointl3~ and ~sve~alty. ~6si1 puy all oab at aollection of this No4. includins a re~o~nable attorney'~ tee. o~n failure to pay any Instalmeat Pa~t or aqp aocrued interest due bereunder oa~ the due date tbereot. 1Lis Note and all swn dne bereunde~ ahsll be~r intere~t at tLs hi~lwt lawfiil rate of interest p~ anaum in tbe State ot Florida from tLe date whea tbe psinciped and aan~ed inbrest nnder this Note ahaU be due and payable. The total inten~t payable Lenunder shsll not in anr oas year ezceed tlis bi~hest lawfal rate of interast in the $tate ot Florida. 17~ Note is secured bp a Mortaa~e. dated the date bereot. of PropertY situated in tLe S~ate ot Florids. Tbe Maker a6reea--Wat-it- shaU be boand by any agreement eztendina tbe tims or modifyina ths abowe tetms of PaYment~ marle by tbe Payee a~i the owner or awnees oE tbe Propert~? aftected lry a~id Mort~e. w~bether with or witlr ~ out notiae to the Maker, and the Mal~er ehall continue IiaWe to pay the amount dne bersunder. bat wit6 iaterest at a - rate no sreeter tban the Interest Rate. aocordin6 to tbe terms oE any ~uch agre~at ot estensian os modi~iCatian. f Tbe unpsid bnlanoe of tbe Pr;ncipat Amonnt, Plus aocrued interest sh.ri become d~u and psyable at tbe option et _ the Payee under tbe haPPenins of an event by wbich said balanoe ~hall or ma~ bec~oms due and p~Y~ under the tttms oE said Mortgaae. - This Note msy not be cl~aaged oratlY. but only bq sn agreement in writin8. ~6~ bY ~ P~Y foroea~nt ot any waiver, chanBe, modification or discharae is sou6ht All parties w tbis Note. whether Maker. Principal, surety. guaranfor or endorser. hereby waive pn~entmeat for P~Y~nt, demand. Protest, notice of protest, aad notiee ot di~]wnor. atd ~pre~slY sEree joindy and sev~eratly to t+eaorin and continue bound tor the payment of tbe principal and intere~t provided for by tbe term~ o[ thi~ Note, notwitMtandina ~ any e:tension or e~.ensions of the time of. oz tor the payment of said principal or intere~t„ or any dian~e or rbanses in _ the amount or amounte aareed to be paid under or by virtue ot the obliaation to pay pruvided for in thi~ Note, or apy c6ange or changes by way o[ release or aarrender or wbstitntion ot any real property and collateral. or eitber, heW as security for this Note. and waiv~e all a~ every kind of notioe of such e~tensioa or eadensions. chanse or chanaea. and -j: agree that t6e ~ame may be made without t6e joinder ot t6e Maker. lsi~i~~lr ~t ~¦r!~ ~L ~ ~¦r~t ~t ~ ~Sais =1 M!~ sz.~.. ~wsi i...i*+!• t - ~ - - - - ~ - E J~Q3 F. Pitzinger /s~ ~.aura E. Pitzinaer so~x ~57 ~ g~ ~a~r ~u - mrnr~a n r.u~ _ -y,~