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Home My WebLink About0828 ~~ERYAhLNtI ~ MORTGAGE NOTE A~O~'~~ a16,S00.00 ~a~ ~r N~~: May 17, 19T7 Maturity Date: Z'~ Y~~S ~ ~ ~ ~ Intereat Rate: ~~i~ 1 Amortization Period: From the day hereot !o the Maturity Date. ' s Instalment Payment: $Z14. sl ' FiraL Inafalment Paymeat Date: J~Y +,S ~ 1977 ~ FOR VALUE RECEIVED, the underaigned and ii more thsn one~ jointly and aeverally (the biaker). dces hereby covenant and promise to pay to the order of Sun Bank oi S~ Lueie County or to its suecesaora or assigns (collectively the Payee). at its principal oifice at 111 Orange Ave.~ Fort Pieree. Fla. or at such other place as the Yayee may designate ~ to the Maker in writing fmm time to time~ in legal tender of the United Statea, the Principal Amount together w-ith interest at the Intereat Rate on the unpaid balance of the Pdncipal Amonnt The aums due aud owing hereunder ahall be payable during t6e Amorti~tion Period ia equal monthly inatalmenta. eac6 in the amount of the Instalment Payment. the tiret such Instalment Payment to be made on the First Instslment Payment Date and subsequeat Inatalment Payments on the first day oi each mont6 therea[ter until the Matnrity Date whereupon We entire unpaid balance o[ principal and interest accrued and unpaid thereon shall become due and pay- able; each such inatalment when paid ahall be applied [irat to the payment ot interest on t6e unpaid b~lance at the In- tereat Rate and the remainder thereof to payment on account of principel. If any Instalment Payment shall not be paid when due, Wen the entire principal eum and aocnied intereat 1~ere- under ahall become due and payable at once or thereafter, at the option of the holder of this Note. The Payee maY. at ? its option. rnllect a late charge not to e:ceed two cents for each one dollar of each Instalment Payment not paid wben t due to reimburse the Payee for e:pensea of aeivicing delinquent Instalment Payments. Failure to ezerriee these options shall not conatitute a waiver of the right to e:ercise the same in the event of any subsequent default It ia further agreed that the Maker aad each endoreer. wrety, Buarantor, jointly and severally. shall pay ail costa of collection of this Note. including a reasonahle attorney's fee. on failure to pay any Inatalment Payment or any accrued intereat due hereunder on the due date thereof. 'I~ia Note and all aums due bereunder ahall bear intereat at the highest Iawful rate of interest per annum in the 3tate of Florida from the date when the principal and accrued intereat under thia Note ahaU be due and payable. The totalintereat peyable hereunder shall not in any one year e:ceed the highest lawful rate of interest in the State of Florida. This Note is aecured by a Mottgage, dated the date hereof, of property aitugted in the 3tate of Florida. ~ ~ ~ The Msker agreea that it ahall be bound by any agreement e:tending the time or modifying the above terms of f ~ payment, made by the Payee and the owner or owners of t}~ property aftected by said Mortgage, whether with or with- ~ f out notice to the Maker, and the Maker ehall rnatinue liable to pay the amount due hereunder, but wit6 interest at a ? ~ rate no greater than the Intereat Rate. according to fhe terma of any such agreement of e:tenaion or modification. 3 The unpaid balance of the Principal Amount. plus accsued intereat sl~all become due and payable at tbe option of the Payee under the happening of an event by which said balanoe ahall or may lecome due and payable under the terms of said Mortgage. Thia Note may not be changed orally, but only by an agreement in writing, aigned by the party against whom en- torcement of any waiver, change, inodi~cation or dischar8e ia sought } All parties to this Note, whether Maker. principal, surety. guarantor or endorser, hereby waive presentment tor payment, demand. protest, notice of protest, and notic~ of diahonor. and e:preaely agree jointly and severally to remain ~ and continue bound for the payment of the principal and intereat pmvided tor by the terme of this Note. notwithatanding ~ any e:tenaion or e:tensions of the time of, or tor the payment of said principal or interest. or any change or c6anges in j the amount or amounts agreed to be paid under or by virtue of the obligation to pay provided tor in this Note, ar any ; change or changes by way ot release or surrender or aubetitution of any real property and rnllateral, or either, held as ~ security tor this Note, and v?sive all and every kind ot notice of such e:teneion or e:tensions. change or changes, and ~ agree that the same may be made without the joinder of t6e Maker. ' ~ 505 Kosth 14th 8traet ~ ~ort Pierco, llotida 33~50 ~ : ~ > /s/ Richard Bighom ~ ~ : ; /s/ Catherine Bighom f ~U~x z~~s ~f ~z7 # ~ ~ ~ ~ row? ase - Ptusrt~ n ~ ~