Loading...
HomeMy WebLinkAbout0335 ~ . , . ~ 1?~RMAN[NTI MORTGAGE NOTE Pr;ACip+a A~wunt: ~15,000.00 nate d Not.:l~bswry. 17, 1l77 kt.auib? n.te: lg . ~nare~t R°te: A 3/e! Amort~stian Period: F~om tbs dai? lrersot to tl~s Maturity Dat~. tu.w,~at r~~,t: s1S0.00 ~st ~~m~c P.,yme~c Daa: ~p=il 1. Il77 F`UIi VALUE RECEIVED. the nndersigned aud if more tlun one. joIntly and aeverally (the Maker). does henby • covenant and promise to psy to the order oi Sw~ Bsnk oi Sk Lacie County or to ib sooassora or aasigas (collectively the Psyee). at ib psincipd ofi'ue st 111 Onnge Ave.. Fort Plerx, Fia. or at sneh other plaee as the Psyee may daianute to the Maker in writlng iram time to tlme. in legal tendet oi tLe United S4tea, the Prineipal Amonnt togetber ~vtth intenat s! tbe Interest Rste on tl?e unpsid balsnee oi the Prineipal Amounk ZLe sums due and o~winR bereundes shall be psyabls durint ths Amortaatiaa Period in a4ue1 monthly insWm~?ta. each in t6e amonnt oE t6e Instalnnent Paymen~ t6e Cud wc6 L~tslment Payma~?t to bs mads on tbs Pirst Intalment Peymeat Dats and wb~eq~reat Indatmeat Paymenb oa tbs Cu~t da~? ot each month tbereaEter until t6e Maturity Date whersupon the entire unpeid bslance ot pii~ciPd and intend acc~usd and unpaid Wereon ~hsU beoome due and pay- able: eac6 ax~ indalment w6ea psid ~haU bs spplied Cud to tbs payment ot interest on ths unpaid b~slanoe at the In- tenst Rate and tbs ee~minder t6ereot to paymant on aocount ot principaL Ii any Lutalmet?t Paymeat sl~eill not be P~ wben due. thea ths eatii!s psinciPd sum and accrued intete~d here- under ahall became due and ps,yabls at oaoe or thereafier. at tbe optian ot tbe hoWer ot tbis Note. 'lbe Payee may. at its oPtioa. collect a late char~e not to e:ceed two oeat~ for eac6 ooe dollar of eecb Instslment Payment not paid w?hen due to reia~burse the Payee for espen~es of ~sivicin~ deliaq~ent Instalmeat Paymenb. Failure to eurc~e these o~tio~s ahatt noc oonstieute a.~aiv~e: ot the riaht to esenyss the .ems in the eve~t ot any wb.equasc d~antt Ic is further sareed that tbe Makes and esch eador~er. auetY. ~arantor. lointly and ~ev~arally. sball pay all cests of collectioai oE this Note, ineludins a rea~oauble attorney's fee, o~ failure to pay any Instalment Payment or any aoczued interest due hereunrler oa~ the d~e date tbereof. lbis Note and all sums dus bsreundsr ~hall besr inter~st at tbs biahe~t lawhil rate ot interest per annnm in tbe State at Flotida irom ~s date Mrben tbe pri~ipal and aoc~ued intet~est undes thia Note d~all be due and psyable. Tbe _total interest payable bere~nder ehall not in anq e~s year e:ceed the l~i~est lawful rate o[ interest in tbe State ot Florids. This Note is secured by a Mortgase. dated tLe date bereof. of ProperiY_ aitaafed in t6e State of Florida. ~ The Maker a6rees that it shall be bound bY anY aeree~ent eztendin6 tbe tia~e or modiEying tbe abov~s temos of ~ PaYment, made by the Payee sad tbe owner or awaees ot the Propertp affected hp aaid Mortaa6~. N?hether with or with- out notice to tbe Maku. and tbe Maker ahall ooutinue liable to pay ths amoant due bere~nder. bnt with interest at a ~ rate no greater tban the Intered Rate. aocordinR to tbe terms oE a~y auh a6reeaoent of e:te~sio~ or modi~6catian. E 'lbe unp~sid belanoe d t~e Principal Amount, Plus aocnied interest sl~sli beeome due and payable at the option of the Payee u~er the haPPenina o[ an event by which said balsnoe ahall or may became due and paYable under tLe term~ of said Mott~e. ~ ' ~is Note may not be changed oraUy. but only by an' ~lsreement in writina. siaaed b~? tbe P~rt3? against whonn en- toroement ot any waiver. change, modif'ication or discharse is soughk All partie~ to this Note, wbetber Meker, principal, surety, suarantor or eadorser. bereby waive presentment for Papment, demand, Proteat, notioe of prot~st, end notioe o[ di~honor. and ~PredY saree )oiutly and sev~erally to remain and continue bo~ud for t6e payment oE tbe principal and inter~t pruvided for by the tera~s oE thi~ Note, notwitLrtandina any ertemion or e:tensions of the time ot. or tor tbe p~ymeat oE said principal or inte~at. or sny chanae or chanae~ j~. tbe amo~nt or amounts asreed to be paid under or by vidue of tbe obligation to pay provided for in this Note. or any change or changes by way of release or aurrender or snbditution of any real property and collateral. or either, beld as security for t6is Note, and w-aiv~e all and every kind of notioe ot wch e~temion ar ~tensions. chanae or chanse~. and a~ree that t6e aame may be made witlwut the joinder of the Maker. 1008 O~O ~VeD~ ~ost Pi~ro~, llorida 334S0 /s/ Walter F. Langley %s/ Roberta M. Langley ,a~ .u _ ..,,nx p fl i ~ PAGf ~ ,