The URL can be used to link to this page

Home My WebLink About0113 1?l11MAN~NT1 . MORTGAGE NOTE 685,000.00 ~a ~ N~: Marcb 31, 1977 Ma~ud~y D.es: 7 y~tss ~ Iatere~c Rat~: 9t Amorthatioa F~~iod: FYom t!~ daY Mred to tbs MaturiRp Drt~ in.cat~~ r,~y~c: ~1Z,000.0a plua listtsyest dos atu~nallr b~qiaaiag May 1, . 197a and auah May i~t thes+~alter tor six Ye~ucs vith ~nt Instalment Payment Dete: tha balaao~ o! Sl~, 000.00 Qlus intres~st dvrs on th~ ' 7~1 ~!1ltfil liY~Ift. . FOA YALUS RECEIVED. the undersianed and Ii aare thsn oae. jointly snd ~evarally (the ldaker)~ doe~ her~by covenant and promiae to pay to the order oi 3un Bank oi 3t Lneie County or to its ~uoce~wrs os assigns (coUectirdy the Payee). at ib prineipal oftiee at ill Orange Ave.. Fort Pieree. Fla. os st sueh other place a~ tLe Payee a~~ d~aianale to the ldalcer in writina irom time to time. in lesal tender oi the United State~. the Prineipal Amount to~tl~er with inten~t at the Interest 8ate on the unp~d bals~e ot tbe Prlneipal Aeowmk 1~s wms dus and awinU bereunder shedl be P~Y~bie dnrin~ tbs Amortisatian Period ia eQw~l moathy in~talme~ts, eac6 in tbs amount ot t6e Ia~falment Paymen~ tbs Crst wch Iwtalensat P~ya~aat to bs made on We Fied Indalmeat Paymeat Date and a~b~squent Inrtala~eat Paymenb on tbs Cu~! d,y ot eac~ mont6 tbereatter untiJ tbe Mahu~tp Date w6ereupon t6e entire unpaid b~lanoe ot prit~ciPd aad intered aocrusd ar~d unpaid t6ereon ~hsll beoome dus ard pRy able: eecb sucL instalment when paid ahall be applied Cutt to tbe p~qrment ot intsee~t on Ws nnpaid balanoe at ths Ia• - tered Rate aad t6e remainder therwf to paymeat on account of psincipsl. It any Instslmeat Pay:aeTt sbsll not be paid wlieu due. tben tbs eatie~s psi~ipel sum and aoceued inters~t lsse~e- , under ~6aU becoa~e due and psyabls at ooae or Wereafter, at tbs option ot tbe holder ct ttw Nota 'I1w Payes may, at its option. oollect e late cbsr~e not to e:oesd tw~o canb tor each ane dollar ot ee~~ Iasfala~t Payment Aot paid whem due to reimbune ths Payee tor espenae~ ~~etvicins delinquent Instalment Paymenb. Failwrs to esencise the~e options ~hall not ooastitnte a waiv~er ot tbe ri~ht to ~ercLe tbe ~ame in tl~s ere~t d any wb~squsnt defaulk It is furtber aaneed that tbe Maker and each eadoeser. au~etY. ~auantor. jointt~? and ~evsrallp. ~hall psy all co~Y of oollection ot tbis Note. includin~ a reewnable attorney'~ tee. on tailw+e to pay aay InsW~nent Paymeat or any aocrued iutere~t due hereunder on the dae data thereof. This Note and all wms dne bereunder sl~ell bear interest at tbs hi~t lawful rate ot intetest per annum in 3be State oi Ftosida trom tbe date wl~ea tbs priudpai and aoctued interest under this Note shal! be due and payable. Tl~e tntal interest payable here~mder ~6a11 not in an~ o~e year e:osed t6e hi~est lawful rate of intete~t in the State ot Florids. ' 'l~is Note is secut~ed by a Mortaaae. dsted ths date hee~eot. ot Pi+opertY ~itnated in tbe State ot Flonda 'Ibe Maker asnes that it ahall be bound by any aareement e:tendina the time or modifyins the abwe terms oE P~Y~n~ made by the Payee and tbe ownes or awaen ot tl~e Property attected b~t aaid Mort~e. wbetber with or with- out notios to the Maker, and the Maker shall continue liable to pey tbe amoont dus beraunder. but wit6 in4rest at a ~ rate no areet~ tban tbe Interest Rate. a~rdina to tbe te~ d any wch aae~eemeat d eztensi~ or modification. i ~ The unpaid bslance of tbe Principal Amoun~ Plu~ aorrued intenst shsU become due and payable at tbe option oE t t6e Payee uader t6e bsPPenin6 of an eveat by whicL aaid b~lanoe ~hall or my becams due and payable under the terms i of said Mortaage. ~ C ~ ~is Note may not be chanBed ora1~Y. but only by an asreement in writing. ~i8~1 b3? the PartY eaainst wLom I forcement oi eny waiver, cbaage, modiCxx~tion or discbarse is wught • All parties to t6i~ ~ Note. whether Maker. principal, surety. suarantor or eadoner. hereby waive pre~eatment for • ~ PaYment, dcmand. Protesk notice of pmteat. and notioe of dishonor. and ~Pre~s1Y esree lointly and ~ev~eraUy to remain and continue baund tor tbe peyment ot the principal and interest provided tor by tbe term~ ot this Note. notwitbtandina any e:tension or e~ension~ of tbe time of. or tor tbe payment ot nid principal or interest. or any ci~anse or cyanses in ~ the amount or amownb a~reed to be paid under or by virtue ot the obli6ation to pay provided tor in this Note, or any ~ c6ange or chansea by way of relesse or aurrender or wbstitution ot any r~l pmperty and collateral. or eit6er, beld as sxurity tor t6is Note. and waive all and every kind oi notice ot wch eztenoon or e:teniiotu, chanae or chansea. and ~ aaree tliat tbe same may be made without tbe joinder of t6e Mal~er. P O Box 204 j Port pierce, Plorida 33450 ~ ~ I /s/ Earnest R. Dunn ~ I I ~ ~ . ~ r~ F-.~ 2F~ ~ ~.~.3 ;