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Home My WebLink About0272 •~LRM~NlM11 MORTGAGE NOTE Principa! Amount: S 6~ OOO. 00 Date ot Note: ~rCh 11 ~ 1977 Maturity Date: T@A YBtItB lnterest Rate: 9e Amortization Period: Fmm the day hereot to the Maturity Date. lnstl?Iment Payment: $101.35 Firxt Instalment Payment Date: ~Y is ~ 1977 - FOR VALIfE RECEIVED, the undersigned and if more than one, jointiy and severally (the biaker). dcea hereby co~ennnt and promise to pay to the order of Sun I3ank o[ St. Lucie County or to it~ auccesaora or aasigna (collectively the Payee), at ita principal ofree at I11 Orange Ave.. Fort Pierce. Fla. or at such other place as the Pa~•ee may deaignate to the. Jdaker in w~riting from time to time, in legal Lender of the United Statea, the Principal Amount together ~ith interest at the Interest Rate on the unpaid balance oi the Principal Amount. The sums due and owinR hereunder shall be payable dunng the Amortization Period in equal monthly instalments, each in We amount ot the Instalment Payment, the firat auch Instalment Payment to be made on the Firnt Inatalment Payment Date and subeequent Instalment Peyments on the firet day ot each month therea(ter until ihe Maturity Date whereupon the entire unpaid balance ot principal and intereat accrued and unpaid thereon shall become due and pay- able: each such inetalment when paid ahali be applied fitat to the payment ot interest on the unpaid balance at the In- terest Rste and the remainder thereof to payment on account o( principal. If any lnstalment Payment ahail not be peid when due, then the entire principal sum and nccrued intereat here- under shall become due and payable at once or thereatler, at the option of the holder of this Note. The Payee may, at its option, collect a late ~charge not to e:c~erd two cents tor each one dollar ot each Instalment Payment not paid when due to reimburse the Payee for e:pensea of servicing delinquent Instalment Paymenta. Failure to e:eeriee theee options shall not constitute a waiver of the right to exercise the aame in the event of any aubeequent default. It is further ngreed that the Maker and each endoreer, eurety, guarantor. jointly and severally, ahall pay all costa of collection of this Note, including a reasonable attorney's tee, on failure to pay any Inatalment Payment or any acrrued interest due hereunder on the due date thereof. This Note and all aums due hereunder shall bear intereat at the higheat lawful rate ot interest per annum in the State ot Florida from the date when the principal and acrrued intereat under this Note shall be due and payable. The total interest payable hereunder shall not in any one year e:cced the highest lawtul rate of intereat in the State df Florida. • This Note is secured by a Mortgage, dated the date hereot, of property situated in the State of Florida. The Maker agreea that it shall be bound by any agreement e:tending the time or modifying the above terms of payment, made by the Payee and the owner or owners of the property aftected by eaid Mortgage, whether with or with- I out notice to the Maker, and the Maker ahall continue liable to pay the amount due hereunder, but with intereat at a ~ rate no greater than the Intereat Rate, acrordinR to the terma ot ahy such agreement o[ e:tenaion or modification. ~ The unpaid balnnce ot the Principal Amount, plus acrrued interest shall berome due and payable at the option ot ; the Payee under the happening of an event by which aaid balance shall or may become due and payable under the terms ~ of said Mortgpge. 4 ~ C This Note may not be chnnged orally, but only by an agreement in writing, aigned by the party against wtrom en- fomement of any waiver, change, modification or discharqe is aought. I ~ ~ All partiea to this Note, whether Maker, principal, aurety, guarantor or endoraer, hereby v?aive presentment tor payment, demand, protest, notice of protest, and notice of disF~onor, and ezpmssly agree jointly and neverally to remain ~ and rnntinue bound tor the payment of the principal and intereat provided for by the terms of thia Note, notwithstanding ~ any e:tenaion or e:tensiona of the time of, or (or the payment ot said principal or intereat, or any change or changes in ~ the amount or amounla agreed to be paid under or by virtue of the obligation to pay provided tor in thia Note, or any ~ change or changes by way ot release or surmnder or substitution of any real property and collaleral, or either, held aa ( security for thia Note, and waive nll and every kind ot notice ot auch e:tension or e:tensiona, change or chanqes, and ~ agree that the same may be made without the joinder of the Maker. 1819 South 29th Street ; Fort Pierce, rlorida 33450 I ~ ` • /s/ Robert E. Lee ~ /s/ Margaret E. Lee ; _ _ i ~ s ~ I ' r ~ Pi(,~ ~~O i ~ ;~x - _ ; ~