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Home My WebLink About0021 ~INY~N[Y1~ MORTGAGE NOTE Principal Amount: SlZ ~ 000. 00 Dae~ ~t Noc~: July 1, 1977 M8t„rity n~e~: 1 S years Interest Rate: g 3~~5 Amortization Period: From the day hereot to the Maturity Date. Instalment Paymer~r: S1ZO.0~ 977 Firat Instalment Pay:nent Date: ~Il/ ~1,' S~ ~G'- ~ FOR VALUE ftECEIVED. the underaigned and if more than one. jointly and aeverally (the ~Jtaker). doea hereby co~~enant and promise to pay to the order of Sun Bank oi St,, Lucie County or to ita successors or asaigns (colleetively the Payee), at ita principal ofrce at lll Orange Ave.. Fort Pierce, Fla or at such other place as the Payee may designate to the Maker in writing from time to time. in legai tender of the United Statea, the •-Principal Amount together v~ith intereat at the Interest Rate on the unpaid balance of the Principal Amount T{,n .i~~ sn.i e~wine howunria* a1w11 hw ffAVA~fIP durint t}fe Amortifetion Period in enual monthlv instalmenta. each in the amount ot d~e Instalment Peyment, the tirat auch Instalment Payment to be made on the Firat InstaUnent Payment Date and subeequent Instalment Payments on t6e tirst day of each mont6 ther~iter until tbe Maturity Date whereupon the entire unpaid balance of priqcipal and intereat accrued and unpaid t6ereon shall become due and pay- able; each such inatalment when paid ahall be applied Ciat to the payment ot interest on t6e unpaid balance at the In- tereat Rate and the remainder thereot to payment on account of principal. If any Inatalment Payment ahall not be paid when due. Wen tt~e entire principal aum and acccued interest here- under shap become due and payable at once or tbereafter, at the option ot the lwlder of this Note. 'I~e Payee may. at ita option, collect a late ct~arge not to e:ceed two centa tor each one dollar of each Instalment Payment not paid when due to reimburae tt~e Payee tor e:pensea of eervicins delinquent Instalment Paymenta. Failure to e:erciee tl~e options shall not rnnstitute a waiver of the right to e:ercise the aame in the event of any subaequent defaulL It ia further agreed that the Maker and each endorser, surety, guarantor. jointly and severally, ahall pay all costa ot collection o[ this Note, including a reaeonable attorney a fee, on failure to pay any Inatalmeat Payment or any aecrued interest due hereunder on the due date thereof. Thia Note and alt sums due hereunder ahall beat intereat at the higbest taw[ul rate o[ interest per annum in the State of Florida from the date wl~en t6e principal and socrued interest under thia Note shall be due and payable. The total intereat payable hereunder ahall not in aay one year e:ceed the higheat ~ lawful rate of intereat in the State ot Florida. This Note is aecured by a Mortgage, dated the date hereof, of pmperty aituated in the State ot Florida_ 1'he Maker agreea that it shall be bound by any agreement e:tending the time or modifying the above terms of i payment, made by the Payee and the owner or ownero of the property affected by said Mortgage, whether with or with- ~ out notice to the Maker, and the Maker ahall continue liable to pay the amount due hereunder, but with interest at a rate no greater than the Intereat Rate, acrording to the terms of any such agreement of e:tenaion or modification_ E i The unpaid balance of tbe Principal Amonnt, plus accnted interest ahall become due a~ payable at the option of ~ the Payee under the happening of an event by which said balance ahall or maq become due and payable under the ternn of eaid Mortgage_ This Note tnay not be changed orally, but only by an agreement in writing, s;~ned by d,e Party agai,~t whom en- [orcement of any waiver, change, modi[ication or diecharge is sought All parties to this Note, whether Maker, principal, surety, guarantor or endorser, hereby w~aice pr~entment far payment, demand, protest. notice of protest, and notice of dis6onor, and e=presnly agree jointly and eeverally to remain and continue bound tor the payment of the principal and interest provided for by t6e terms of this Note. notwithstandina any e:tenaion or e:tenaions of the time of, or tor the peyment ot aaid principal or interest, or any change or c6anges in the amount or amounts agreed to be paid under or by virtue of the obligation to pay provided tor in t6is Note. or any change or changea by way of releaae or surrender or substitution ot any real property and collateral, or either, 6eld as security for this Note, and v?sive all and every kind of notice ot such e:tension or e:tensions, change or changes, and agree that the aame ma be made withont t6e joindet ot ttie Maker. 2213 3outh 39t~i Street Fort Pierce, florida 33450 ~ : ~ ~ /s/ Charles V. Blount ~ - ~ ~ . , ~ ~ /s/ Jaenette Blount ~ ~ " ~ ~ 4k ~ o a`~ 6~~z~o ~,~~~~1 raw iti -~xnrrtr, er vrus BO('1l~~ I~, P~ ~ ' - ,s , : t- _ - : ~ Y -a~: ~.5