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Home My WebLink About0433 i~[AY~N~MTI i MORTGAGE NOTE Principsl Amount: :17.000. 00 Date ot Note: Juae 9, 19TT Maeurity nac~: Fitteen Y e~+. ra Intereat Rate: 8 i Amortisation Period: From the day hereo[ to the Maturity Date. Instalment Payment: =167.41 Firat Instalment Payment Date: ALi~1i~! 1. 19T7 FOR VALUE RECEIVED. the underaigned and ii more than one, jointly and severally (the Maker). does hereby covenent and pmtnise to pay to the order of Sun Bank of SL Lucie County or to its auceeasors or aaaigns (collectively the Payee). at its principal office at 111 Orange Ave.. Fort Pierce. Fls. or at aueh other place as the Payee may deaignste io Lhe ~l3sker in writing from timp ta time, in legal tender ot the United States. the Principsl Amount together a~th intereat at the Intereat Rate on the unpaid balance of the Prineipa! Amoun~ The sums due and owinK bereunder shall be payable during the Amortizetion Period in equal monthly instalments. each in tl~e amount oi the Instalment Payment. t6e tirst such Instalmeat Payment to be made on the First Insfalme~t Payment Date and wbsequent Instalment Paymeab on tl~e firat day of each mont6 thereatter until the Maturity Date whereupon the entire unpaid balance ot principel and intereat accrued and unpaid thereon sha11 become due and pay- able; each auch instalment when paid sUall be applied C:st to the payment o[ intereat on the unpaid balance at the In- tereat Rate and the remainder thereot to payment on account of principal. If any Inatalment Peyment ahall not be paid when due, then the entire princiPal aum and accrued interest here- under ahall become due and payable at once or thereaitcr. at the option of the holder of this Note. T6e Payee may. at ita option, collect a late charge not to e:ceed two cents for each one dollar of each Inetalment Payment not paid when due to reimburne the Payee for expensea of eervicinB delinquent Insfalment Payments. Failure to e:ercise theee options ahali not conatitute a waiver of the right to e:ercise the eame in the event of any subeequent default r• s..~.L..~ ....~....d N...• ~1.e llete~ e...i vo..l. o...1e...n. n.ro1v an~arant~r. inintlv nnd ,BVeTa~~V. a~H~l OHV 8u C06ta OE ~e a~~uwa uEj~~.cu u..ar ...aa. _ _ . rnllection of this Note. including a reawnable attoraey's fee, on failure to pay any Inatalment Payment or any aecrued interest due hereunder on the due date thereof. 1Lis Note and all aums due hereunder ahall bear intereai at the highest . lawful rate of interest per annum in the State of Florida tmm the date when the principal and accrued intereet under this Note ahall be due and payable. The tofal interest payable hereunder ahall not in any one year e:ceed the hiBheat lawful rate of intereet in the 3tate of Florida. This Note is secured by a Mortgage. dated the date hereof, of property eituated in the 3tate of Florida. ; i ~ The Maker agreee that it a6a11 be bound by aay agreemeat e:tending t6e time or modifying the above terma of ~ ; payment, made by the Payee and the owner or owne~a ot the property afferted by said Mortgage. whether with or with- ; out notice to the Maker, and the Maker ehall continue liable to pay the amount due henuader, but with intereat at a ` ~ rate ao greater than the Intereat Rate, acrording to the terma of any euch aareement ot e:tension or modification. ~ The unpaid balance of the Principal Amount, plua accrued intereat shall become due and payable at the option of ~ the Payee under the happening of an event by which said balance ahall or mey become due and payable under the terms 4 of aaid Mortgage_ 1 This Note may no! be changed orally, but only by an agreement in writing, aigned by the party against whom en- fomement of any waiver, change, modification or discherge ia eought. ; : S All parties to thia Note. whether Maker. principal, surety. guarantor or endorser, heteby waive presentment tor ~ payment, demand, protest, notice of protest, and notice of dishonor. and e:preaely agree jointly and eeverally to remain ~ and rnntinue bound for the payment ot the principal and intereat provided tor by the terms ot t6is Note, notwithstanding any e:tension or e:tenaiona of the time of, or for the payment of esid principal or intereet, or any change or cbanges in ~ t6e amount or amounts agreed to be paid under or by virtue o( the obligation to pay provided for in this Note. or any ~ change or changes by way of releaae or surrender oc aubetitution of any real property and collateral, or eiWer, held as ~ eecurity tor thia Note, and w•aive all and every kind of notice ot such e:teneion or e:tenaions. change or changes, and r agree that the same may be made without the joinder of t6e ~1~ker. ~ ~ $ ~ ~ ~ ~ ~ _ ~ ~ /s/ Nicholas M. Constant ` ~ , ~ ~ ~ t ~ F - b~k~2~~ 432 ~ xw? ar~ • Fiztr.tic n u~uw ~ s _ _ . . . . _ - ~ _ . . '~s-~:.. _