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Home My WebLink About0460 . ?1 Ar i r~TRTT- . _ ~ MORTGAGE NOTE ~ PrinciEw) Amount: S71OO.0~ patc of Note: ~~~~r 1~, 1976 ~ Maturity Date: TtA YBar~ intereet Rate: S 3/~s Amortization Period: From the day hereot to the Maturity Date. In~talment Payment: $ 89. 00 i Firat lnstalment Paytnent Date: ' January 10, 1977 ~ FOR VAI.LF. RECEIVF.[). the underaigr?ed and if morr than one, jointly and se~erally (the ~iaker), dces hereby eo~enant and pmmise to psy to the order of Sun Ran4 nf St. Lucie County or to its successors or assisr?a (collecti~ely the t ~'a3~l, at ita principal office at 111_ Orange Ave., Fort Pierce. Fla. or at auch other place us the Pa}•ee may designate ; to the ~+Iakcr in w-titing imm time to time. in legal tender of the United States. the Principal Amount together N7LI1 inlereat at the lnterest Rste on the unpaid balance of the Principal AmounL ~ , The awns due and owinR hereunder ehall be paynble dunnq lhe Amortization Period in equal monthly insfalments, each in the amount of the Instalment Payment. the (irst auch Instalment Payment to 6e made on the Firet Instalment Payment Date and subeequent Instalment Paymente on the first day of each month thereatter until the Maturity Date whereupon the entire unpaid balance o[ principal and interest accrued and unpaid thereon ahall become due and p~y- able; each snch inetalment when paid ahall be applied fi~st to the payment ot interest on the unpaid balance at the ln- tereat Rate and the remainder thereof to payment on account of principal. If any Inalalme~t Payment shall not be paid when due. then the entire principal sum and acrrued interest here- ; under ahall become due and payable at once or theteafter, at the option ot the holder of lhis Noce. The Payee may, al its option, collect a late charge not to e:c~eed two cents [or each one doliar o[ each lnatalment Payment not paid when due to reimbucae the Pnyee [or e:penaes of aervicing delinquent Instalment Paymenta. Failure to exerciae thc~xe options shall not conslitute a waiver ot the right to exemise the same in the event of any subeequent detault. ! [t is further agreed tlwt the Maker and earh endoraer, sucety, guarantor, jointly and severally, ahall pay all coeta ot collection of this Note, including a reasonable attomey's (ee, on tailure to pay any Inatalment Payment or any accrued interest due hernunder on the due date thercwf. 7'his Note and all aums due heteunder shaU bear interest at the highest lawtul rate of interest per annum in the State of Florida trom the date when the princ-ipal and accrued interest under thi~ Note ahall be due and payable. The total intereat payable hereunder ahall not in any one year exceed the highest ' lawful rate o[ interest in the State ot Florida. 7'his Note is secured by n Mortgage, dated the date hereof, of property situated in the Slate ot Florida. i f The 14iaicer agrees that it shnll be bound by any agreement e:tending the time or moditying the above tertns ot j payment, made by the Payee and the ovmer or ownera ot the property aftected by said Mortgage, whether with or with- ~ out notice to the Maker, and ihe Mgker ahall continue liable to pay lhe amount due hereunder, but with interest at a ~ rate no Rreater than the Interest Rate, accordinR to the terma of any auch agreement of eatension or modifiration. _ I The unpaid balance of the Prira-ipal Amount, plus acrrued interest shall become due and payable at the option ot the Payee under the happening of an event by which said balance ahall or msiy bec-ome due and payable under the terms ' z o( said Mortgaqe. This Note may not be chanqed orally, but only by an agreement in writing, siqned by the party against whom eo- forcement of any waiver, change, moditication or discharge is sought. All parties to this Note, whether Maker, principal, eurety, guarantor or endorser, hereby waive presentment for payment, demand, protest, notire of protest, and nolice o[ diahonor, and expressly agree jointly and aeverally to remain and continue bound tor the payment ot the princi~i and intereat provided for by the ternu of thia Note, notwithatanding any e:tenaion or e:tensions of the time ot, or tor the payment of said principal or interest, or any chanqe or changes in the amount or amounta agreed to be paid under or by virtue of the obligation to pay provided (or in thia Note, or any change or changea by way of releaae or surrender or subatitution of any rea) property and collatecal, or either, held as security for this Note, and waive all and every kind of notice ot such e:tension or e:tensions, change or chanqes, and agree that t6e same may be made without the joinder of the Ataker. 1~7 $01ith ZS~1 Stllet . Fort pierce, Florida 33~50 j i /s/ Ralph Cain, Jr. : /s/ Crystal A. ~ain ~~2f~, P~ ~~8 - { r..wi :tt - r~:~::ir, sr ~,us