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Home My WebLink About0732 . t ~ t ~ ' . ~ . . ~ - ' i (Permaner~t) ~ ~ ~ f . • i. i ! F , s ; - F MORTCACE NOTE Principsl Amount: ~3500.00 Date of Note~uqust 3, 1977 Maturity Date: g~r~i'Y 3, 197$ Interest Rate: 9~ Amortization Period: From the day hereof to Maturity Date. - instalment Payment: First Instalment Payment Date: 53500.00 plus interaat due Fabruary 3, 1978 The payee: Clisater F. aa~ Lelia B. Macy Address• 609 Russ R~ad, Fort Pierce, ~lorida FOR VALUE RECEIVED, the undersigned and if more than one, jointly and severaily (the Makerj, does her.eby covenant and promise to pay tio the _ order of the Payee, or to its successors or assigns, at its principsl office, or ~ at such other place as the Payee may designate to the Maker in writing from s time to time, in legai ;ender of the United States, the Prir~cipal Aniount ta- ; gether with fnterest ai the Interest Rate on the unpaid balance of the Principal ~ Amount. ~ . ~ . The sums: due and owing hereunder shall be payable during the ~ ; Amortization Period in equai monthly instalments, each in the amount of the ~ ~ - Instalment Payment, the first such Instalment Payment to be made on the First ~ ~ instalment Payme~t ~ate and subsequent Instalment Payments on the first.day ~ of each month thereafter until the Maturity Date whereupon the entire ur~paid _ ~ balance of principal and interest accrued and urp~aid thereon shall beconK due ~ and psyable; each such instalment when paid shall be applied first to the pay- ~ ment of interest on the unpaid bala~ce at the interest ~tate and the remainder ; thereof to payment on account of principal . if an ' Instalment-~Pa ment shsll not be paid whert due, tt~en the entire ~ Y Y principal sum and accrued interest hereunder shaii beoome due snd payable at once or thereafter, at the optton of the holder of this Note. The Payee may, at its option, cotlect a late charge not to exceed two cents for each one dollar of each lnstalment Payment not paid whe~ due to reimburse the Payee for expenses of servicing delinquent Instalment Payments. Failure ~ exercise these options shall not oonstitute a waiver o~ the right to exercise the same ~ in the event of any subsequent default. It is further agreed that the Maker and each endorser, surety, guar- ~ anb~r, jointly and severally, shall pay ali costs of oollection of this Note, including a reasonabie attorney's fee, including all costs, expenses and at~orney's fees for any retrial, rehearing or a~eals, on failure tio pay any I~stalment Payment or any accrued interest due hereunder on the due date - thereof. This Note and all sums due here~der shall.bear interest at the highest lawful rate of int~erest per annum in the State af Fiorida from the date when the principal and accrued interest under this Note shall be due and , payable. The tobl f~terest payabie hereunder shall not in any one year exceed the highest fawful rate of interest in the State of Florida. , 0 ~t a~K2 P~E 7~1 , _ - , - - _ - _ _ _ - N- '~e