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Home My WebLink About0494 ~~ERYAMLNtI MORTGAGE NOTE PrinciPat Amount: ~10 ~ 009. 00 ~ Date ot Note: Mty 13 ~ 1l77 Matnr~ty oats: ~ I~e11 • • 1!7• [nten.t Rate: 9~ Aaarti~tion Period: From the day hereot to the Maturity Dats. Instalment Payment: flrat Instalment Pay~neat Date: =ZO ~ 000. 00 pliv 1~t+1~~c~t da! 71p7C~1 S• 1l7Y FOR VALUE RECEIVED, the undersigned and it more than one. jointly and seversily (the ~aker). doea henby covenant and promise to pay to tE~e order of 3un Bank of St I.ucie County or to its suteeawn or sssigns (coUectivcly the P~?yee). at ita piincipsl offiee st 111 Orange Ave.. Fort Pleree, Fla. or st sach ofher place as !he Psyee an~y deaignate . to the Makes in veriting irom tIme to tiaie, in le`sl tender oi We Unlted States, the Principal•Amount together aith interest ai the Intenst Rste on the unpaid balanee ot the Prlncipal Amount 'lUe sums due aad owitut 6ereunder sl~all ba payable durwa tbe Aaartiration Period in eQuat monthly instalments. esch in tbe amount of tl~e Indalment Payment, t6e fitst wcb In~talment Payment to be made on t6s Fint Instalment Payment Date and subequent Indalment Paymenb oa tbs tint day ot e~ch moat6 Were~[ter unW the Mah~rity Date whereupon fl~e enare unp•W balsnc~e of pria~ipd and iatese~t accn~ed and id thereon ~6aU become due and pay- able; each such instalment-when paid shall be applied Cest to t6s paymeet ete~t on the unpaid batance at tbe In- terest Rate and t6e remainder thereot to psyment on ACCOUq~ OI P!tllClpti It any Instalment Payment ahaU not be paid when due. thea tbe ~tire Principd sum and accsued 'wterest here- under ahall became due and payabb at onoe or thereafter. at the optlon of the holdsr ot thes~ Nob. The Payee may, st ita option. collect a late char6e not to ~~eed two cenb for each one dollar o[ esch Instalment Payment not paid whea due to reimburse the Peyee tor espenses of servicins delinqueat instalment Pay~nents. Failure to eurcise tl~ese optians shall not rnastitute a waiver ot the riaht to e:ercise the same in tM eveat of any wbsequent default It is furtber agreed that the Maker and each endoner. wraty. ~uarantor. joinUy and ~everaUY. ~ha11 PsY ell costs of collection of this Note. including a nawnable attorney's tce. on tailune to pey aay Instalment Paya~ent or any aecrued interest due herennder on the due date thereo[. Thia Note and all swm doe hereunder shall bear intenst at tbe biahest lawful tate oI interest per annum in the 3tate ot Ftotida Erom the date wbei? the principal and aoctued interest under this Note ahall be due and payable. The total interest payable hereunder ahali not in any one ye~r e:ceed tbe hiabest lawful rate of interest in the 3tate of Florida. This Note is ee~vred by a Mortgaae, dated tbe date bereot, ot property aituated in the 3tate of Florida. i The Maker agrees that it ahall be bound by any agreemeat e:tendin6 the time or modifying tbe al+o~ve terms of ~ payment, made by t6e Payee and the owner or owneis of t6e pmperty affected by ~aid Mortaage. whether with or with- i oat notioe to tbe Maker. and the Maker shall cantinue liable to pay the aawunt due hereunder, but with interest at a ~ rate no greater than tbe Interest Rate, according to the terms of eny such sgreement of e:tensi~ or modification. [ ' 'The aapaid balanoe of tbe Principal Amount. plus aocrued intereat ahall beoome due and payable at the option o[ ~ the Payee under the happenins oE an event by which said balance ahall or maq become due and payable under the terms of said Mortgage. i ~ This Note may not be changed orally, but only by an agreement in writing, signed by the party against wh~ en- - forcement of any waiver. change. modification or dischsrge is soughi All partiea to thie Note, whether Maker. principal. aurety. guarantor or endorser. hereby waive presentment for payment. demand. proteat, aotice oE pmteat. and notice o[ diahoaor, and e:preasly agree jointly and severally to remain and continue bound [or the payment ot We principal and intee+eat provided tor by the terms ot this Note. notwithstanding any e:tension or eztensions ot the time ot, or tor the payment ot said principal or interest, or any change or chanses in t6e amount or amounts agreed to be paid ~nder or by virtue o[ the obligation to pay pmvided for in this Note. or any change or changea by way of release or surrender or substitution of any real property and collateral, or either, held as aecurity tor this Note, and waive all and every kind of notice o[ sucb e:tension or e:tensions, chanae or c6anges, and sgree that tbe same may be made without the joinder of the Maker. 7903 S~bastiau ~ad l~ort Pi~rvs, tlorida 3345~ ~ - /s/ Lilbyrn L. Nelmich ~ ~ /s/ Lomie Y. Helmich ~ ro~ ~i~ - rurrrrc n ~.ur . 80~ ~ ~