HomeMy WebLinkAbout0646 ' R~~~~ `
${N1 c~ tqK ~RC 1T COURt
Banlc oi F~ Plerce ~ ~ R, ~,~Q ~„r,,,,,,,,
P o. eox ?t48
Ft. PiKp. Flprida 33~Sp
J~a~ 6 I! 2? AM'1~
~3i3
MORTGAGE NOTE.
= 20,000.00 Fort Pierce, ~ Flo~ida ~
. ac•: June 2, 1977
For vaiue received. the undersigned, jointly and severalty, promise to pay to the order of
SUN BANK OF FORT PIERCF.
Fort Pierce ~ Florida, a Florida panking aSSOCiat+on, under the laws of the Unned Stetes of America, the
principal sum of 'j'HIENTY THOUSAND AP]D NO/100----~---------------~--'------- po~~an
~s 20 ~ ~00 . 00 W;th interest the?eon irom date, payable monthly, at the rate of ' 1 $t dI1C~r cent (~_°i,)
per annum; ihe interest and printipal of this note payable in instalments as totlows: ~ne- a
15th Ju~y , 19 77 . the sum of ONE HUNDRED NINETY
Beginning on the ~I~QGday of
SIx AND 95/100 ------------------------------------------------~llars
~s 19 fi . 9 S and the same amount on the same day of each month thereaiter, and the bala~ce of principal
payable on the~~Ttlby of June , ig 93 , The aforesaid monthty payments are to be applied first to interest
at the rate aforesaid due monthly upon the principal sum or so much thereoi as shall trom time to time remain unpaid, and
~~~.•;~...tii.. ..~..m..+* etia11 he anolied on account of principal.
\iiC iiQi6:iiG ~s (.csa^..s - ,s ~~j-.._""r
All instalments ot iMerest and principal are psysb(e at the office of the payee in FOrt Pieree
fbrida, or at such other place as tAe holder hereof msy des~nate in writing, in lawful money of tha Unitcd States oi Ame~ica. H
any of said instalments of interest and principal shall not be paid wheo due. then the entire priocips{ sum and accrueA interest
shall become due and payable at once, at the option of the kgal holder of this note. Failure to exertise this option shall rwt
constitute a walver of 1he ~ight to exercise the same in the eveM of any subsequeM de}ault.
It is tuRhe~ agreed that each maker and endorser, jointly and seve~ally, sha11 pay all costs of coilection, inctuding a
reasonable attorney's (ee, on failure to pay the principsl of this ~ote or any interest thereon at r~ieiurity. 7his note and all
surt~s due hereunder shalt bear interest at the rate of ten (30) per cent per annum irom due date untit paid. The total interest
payable hereunder sball not in any one year exceed the highest lawful rate of interest in Florida_
The makers and endorsers hereoi hereby severolly waive p~esentment ~or payment, protest and notice of protest and
non•payment o/ this note, and ezprrssfy agree jointly ar~ severally to remain and continue bound for the payment of the
pnnc~pal and interesi provided ior by the terms of this note, notwithstanding any extension or eztensions of the time of, or
for the payment of said principal or interest, or any change or changes in the amount or amounts agreed to be paid under or
by w~tue of the obligation to pay prov~cled for in this note, or any change or changes by way of release or surrender or substi-
tution of any real estate and collaterat, or either, held as secur~ty fo? this note, and waive all snd every kind of notite of such
extension or extensions, change or changes, and agree that the same may be made rvithout the joinder ot the undersigned.
, ,
, ; ` ~ - . (SEALI
Robert E. Burke, single man
,
. (SEAL)
't _
~ . -
-,^4` _.yF.-
~ ~ j . (SEAII
(SEAL) ~
~
i
~ '
fL 7o7-O
6aox 269 P~~f 644 ~
_ .