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Home My WebLink About0924 ~~t~r~NtMt~ MORTGAGE NOTE r~~, ~o,ooo.oo n.a ~r r,oa: 8. 19?16 Maturity D~te: ~ 10 , Intere.t Raee: • • ~~t ~ Amortiratia~ Period: F~om th~ day Lsreot to the Maturity Date. . . Instetment Paya~eut: =;•000.00 pt~s ~OeM! ~M a¦~a1~,T M Oot. 1 bMia~la~ ~sc~~nc~.y~n~ 4~? ~r/ ~at! 1. 1l77~. FOB VALUS RECEIVED. tLe undeiaigned and ii more tlun one. ~ointlY and eeverally (the ~dsker). does berebf covenaat and promise to pay to the order ot 3un Bank oi St Lueie Cow~ty or to ib suoceason or aasigns .(coltectt~ the Payee)~ st its prtncipal office at 111 Or~nge Ave.. Fort Aerce, Fla. or at snch otber to the Maker in writlna irom tinae to tiaae. in Cegal tender of the United 3tsta, the Peinet Amount ~Y ~diaste interest at the Interest Rate on tbe nn ~ ~ paid balanes oi the Prineipal Amounk q~Nu~~ ~,.Q~. Tl~s sums due and owia~ l~enunder ~hsll be pe~yabie durina the Amortuatio~ Peziod in equal s~rWlt insWmenb. each in th~ amount o( tLe IndsUment Payment, tbe tirat wch Iadala~ent.Pa~rmsat to be mads on the ~est I~t Payment Date and wb~equeat Ia~talmeat Paymenb ter until tbe Matutiqr. Dat~ e~Q.~ wbereupon tbe entire nnpaid b~laaoe of ~ P*i~ciPa1 and ineerad accn~ed ana unpeud thereon ahall bscome due and psp- sble; er~ch such in~talmeA! wbeu paid. aLall be applied Fiist to t6e payment o[ interest on the unpsid balanoe at the_L1- tere~t Rate and t6e remainder t6ee~sot to paymeat oa aooouat ot principal. ` If any Inatalment Payment ahall not bs peid wrhen due, t6~ tbe ~tue princ~pal sum and acc=ued inteze~t hsra andes aLat1 beeome due and pa~yabls at aaoe or tLereafter. at tbe optio~ oE ths lwlder oE Wis Nota. Tba Payee may. at ib opti~. oollect a late char~e aot to aur~ed taro oents tor each ame dollar o[ e~ch Imfalment Payment not paid wl~a due to seimbur~e the Payee for e~cpensas of ~ezvicin~ delinque~t ImWnaent Papmenta. Failurs to eurcise the~s option aball not constitute a waivar oi tLe ~ht to e~rci~s tbe iame in the event of anq wb~equent defaulk It is furtber aare«1 thst tbe Mal~er and each endorser. wretY. ~arantor. joindY end ~vesallp. e6all pay all co~b ot collection of thia Note. including a~asonab4 attor~r's fee, on failure to psr any Iaqalmeat Payment or anr socrued interest due 6ereunder on the dus dats thereof. ~is Note and aU aums due bereundez ahall beer intered at tLe ~hest lawful rate ot interest per annum ia tbe State ot Flarids irom ths date wben the principai and aorrued interest undet this Note sbal! be due and PaYable. Tbe total interest peyable henuader ihail not in any ons year ezceed tbs hi~t Iawtul rate ot interest in the 3tate ot Florida. 1'his Note is secured by a Mort~e. dated the date bereof. of Property sitosted in the State of Florida. 'l~e Maker age~ee~s that it aball be bound bq anY asrecment e:tpa~dina the time or moditying the above term~ of ~ P~Y~nt, made by tl~e Payee and tbe owner ot awnera of the property sffected by ~aid Mortgaae, whctUer witb or wntb- out notiae to the Maker. and the Maker ahall continue liabk to pey the anwunt due hereunder~ bnt with mte~t at a rate no greater tl~an tbe Intereat Rate, aooordina to the terms oE any such aareement of estension or modificatia~. Tbe unpaid balance oE the Principsl Amount, plns aocrued interest shsll beoome due and payable at tbe option oE the Payee under tbe baPPenin6 of an e~rent by which esid balanoe aLall or may berome due and PsYable under We terms ot ~sid Mortgage. This Note mey not be changed orally. but only by an aareement in writing, signed by the party against wlw~ e~. foroemeat of aay waiver. change. modiCuatioti or discharse is aought All psrties to this Note, whether Maker, principal~ surety. auarantor or endotser, beneby waive presentmeat tor P~Y~nt, dem~ed, Proteat, notioe of pmteat. and aotioe of dis6onor. arri ezP~Y a6ree lointly and eeverally to remain and oontiaue bound for the peyment ot tbe principal and intereat pmvided tor by the terms of t6is Note, notwdtbstandina any eztenaon or eztensions o[ the time of. or tor t}ie payment of esid principa! or interest. or any chanae or chanae~ in - the amount or amounts agreed to be paid under or by virtue of t6e oblisation to pay provided for in thi~ Note. or any change or chansea by way ot release or surrender or sabstitution of any real prnperty end collateral, or either, held as security for this Note, and vraive all and every lcind of noLice of suc6 e:tension or eztensions. cbanse or chan6ea, and aeree t6at tbe same may be made without tLe joinder ot t6e Maker. ~ ~ f' s/s ~ Charles R. ;~exton s/s Eleanor G. Sexton ~ c z57 PAGE 9~ ~ . 90~K ~ ta~ i:a - ~r~rJrc n s,w _ ;~:;•:u