HomeMy WebLinkAbout0313 • i~ 1 . . ...r- -
1 K11YANtNT 1 ~
~ •
MORTGAGE NOTE
p~;,,~;p,~ ~t; 530,000.00 ~a ~ p~.: ~uqwt 4, 1977
~.a~etb~ D.a; 10 y~ars ~
Inar..t Rate: 9S
Amo~ttutiau Fe:iod: F~om t!r dU? bsreo[ to tbs blat~rity Dat~.
Inwt~wnt Paymsnt: $360.04
Ftr.t In~la~t Pa~rmeat Daa: T'1d1?~llb~= 10 , 197 7
~ FOB VALUg BBC8IVSD, the nnderdened aad K mon t}un one. ~ointl7 ~~Y ~,~Y
eo~enant snd prombe ta ps~ to tbe ordez oi 3ut~ Bank oi 8t Luete Couaty ox to its suooeswn or wi~u (ooUeetively tbe
Ps~es). st ib p:iadpai ofBos at 111 Onnas A~e., Foat PIeree, F1a. or st sneh other plaoe as ths Psyee may dedsnste
to ths 1[akez in wr~tlna irum tims to tim~. ia la~al tead~ a~ the United 3tate~. tl~e Pdneipal Amonnt togetber wlth
iateres! at tba Intrs+~!~t 8ate on t~e anpa~d balsnes a[ ths Prtne,ipat Amount
T6s ~ums dus and o~?iart 1~aa~undsr ~hsll b p~,yaWe durm~ t6s Amortirat~n Period ia equal mootblp iastalmsnb.
eacb ia tLs ama~ant af tLs Idt~imeat Paymsnt, t6s 5tst inch Iwt~lment Pqraoent to bs mads on t6s Fiist I~talmeat
P~ymeat Date and ~abrsqwnt In~tmtat Py?m~t~ a~t tbr Hest d+V at each a~ontb t~S=eaEt~ nntil tbs Maturity Date
whe~+enpoa tbs e~ntire w~p~id b~lanos ot ps~ciprl aad ~inteewt ~ccaisd aad nn~id t6rreou aball beoome dw wnd psy-
able: esch sucb in~t w~en p~id d~all bs appiisd 6r~t to tbs peiym~nt ot int~ed au tbe nnp~id b~lanos at ths In-
tere~t Rate aad tbs re~aaindsr tbeieof to peryme~?t o~n sooouM of piindpal. .
It any ~t Pa~rmsat ~hall not bs paid vrLea due. tl~eu t6~ eatirs psincipd m~ a~ aoceved mt~t bere-
nadsr ahsll becoms due and p~yaLM at a~os or tbsra~ft~. at ths o~ptioa d tl~e boWsr ot lbis Note. ZLs Pyres mq?. at
ib o~ption. ooiisct a 4ts c~r~e not bo emsed !wo aats tor e~ ooe dollsr ot escb Indalaosat Paymsnt not paid wben
dns to s+eimbaise tbs Pa3Aes for e:peo~e~ oi ~s~n+dni d~Wwat In~t~ment Pqpmsab. ~'ailnre to e~en~e t~e~s optioo~
.balt not ao~titu~s a wai.~er ot ths r;ahc ~o e~cerci.s tbs .sms in ibs e..at at any a~b~squent detanik _
It » turtheu earesd that tbs Maks~ and each eodo~ser. ~uz'~t7. soarsnMr. 3anW? and ~ev~era117, ~6~11 p~y.all awt~ cE
oolkctiae of this Note, a re~sonaWe attataey's fee. ca fii7ure to Pip? aqp I~lala~at Paym~t a~ aq~? aocn~ed .
interast dne ~adrr m tbe dns dab thsz~soE. This Note aad all ~ums dae bereunde~r aball be~r intarat at t6s bi~Ls~t
laMt~il . rate aE interat ps~ annum in tbe 8tat~s at Fbrida irom ths date whea tbe gci~ipd aad acer~ed intered- nn~ec -
this Note ~11 bs dns aad ps~raWs. ~s to~tal mt~ere~t psyaWe beieunder ahaU aot in ao~? oos ye~r e~oeed tbs bisbsd
Lnrtul rate at iutered 'm the State d Flosids.
'I7ta Note is ~ecured bq a Mort~s, dated tbs date 6ereot. d proPe~? ~itnsted ia tbs State of Fbrido.
1lis Mak~ a~e+ees that it ihall bs bound bY ~nY ~e~semeat ait~dins ths tims or modifyins tl~ abov~s terms oi
~ PaYmenk made by ths Payee and ths awner or o~vne~s ot tLe property atte~.~ted bp sai~d Mort~~e, what~er with o~ witb-
i out aotios to tbe Mskar, and tbs Makez ~6a11 aattinae lisble t~ pay tbe amo~t dus }~era~mder. bat .witb intered at a
~ raa no ae+earer tbsa tbe faterest Rate. aooordins to t~a tezm. ot an~? .seeemeat at esfemion ~ moditicatioo. -
Zbe nni~id b~Lnos oE tLs Pr~aaPd Amamk Plus aocntied iatere~t ah~ll beooms dus and pqrabie at the optioa of
tbe Payes nader tbs bappeama ot an e~rent b~ wbicb ~aid bdanoe d~all ar me~ beooms dns and peYable undes tbe term~
at nid Mort~e. . ~
Tbis Nots mn? not be cbaaaed ond~p. bnt o~b? by an asree~ent in wrriting. siaoed b~? tbs p~rt~? agsinst wLom en- .
toioe~mrat ot aay wra[ver. c~aoas. modi~cetia~ ot discbar~e is wuahi
All parlie~ to ti~ Note. whet6er Maker. P~Pv. ~Y, 6~~tor ar eodores. bereb7 waive pre~entmm~t fa~
Pa3~men~, demawl. Pr'otat. notios of . proted, and notias of di~6onor. ar~d'ezPi'e~lY at~'e~ l~W? +wd ssv~etally to renoain ,
aad oontinue baund tor tLe paymsnt oE-!bs princi~~al and intersd provided tor !ry tLs tezms oi i~ Note, notwit~rtandin~
any ~teadoa oi e:ten~ions ot tbe time of. or toz the payment af nid princapsl or intere~t. or ai4 ch~ngs or cbsn~ in
ths amo~nt or amonnb a~rssd to bs paid undes or by vistus ot tLs o~i~ption to PU? Pro+rided tar in tbis Note. os a~q?
chenae or d~an~es bY wq? of rele~e os mrrendsr or aubtitntion oE an~r real propeety and ooilateral. or eit6er. held as
aecurity tor thi~ Nobs. and ~raiv~e all and ever~r ]dnd of notios oE a~ch ~ or ertea~ion~, chanae or cbanaa, and -
ase+es th't tbe ssaas ~oay bs msde witbont d~s joinde: of tbe Maker. .
3232 L~ortb ledetal Hiqhvay ~
port pi~zce, Fl,orida 33450
/s/ Ernest M. Rovella~ ;
s ~ ST oF F'LQRIDA ~ -
nOCU~1AENTARY STAMP tAX f
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~c o °-f . ° e~vE"uF ~ ! /s/ phyllis Rovella _
~ bns2~'n ~ ~~~J. Q 0 ~
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