HomeMy WebLinkAbout0808 s; ~ ~ ~ ~ ~q .
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_ MORTCAGE NOTE jj~~
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Principal Anwunt: ~ 9 Date of Nota: 1977
i21•000.00
Maturlty Dste: ~ y~ _ ~
Interest Rate: e~s pac amva ~
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Amortizadon Period: From the clay hereof to Maturity Date.
Instalment Payment: =~06.80 p~c ~th
First Instalment Payment Dat~e: ~gus! 1S, i977 •
The Payee: S~At` a111~ Of ~t. ~I! ~ OOp~! ~
Address: O. Dos 6, rost tl~~, tLoacird~a 33~50
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~ FOR,VALUE RECEIVE~, the~ undersigned and if more than ~ne, jointly
and severally (the Maker), does hereby cove~ant and pran~se ~ psy to the
` order of the Payee, _ or to its successors or assi~s, a~ its princlp~sl office.: or
at such other place as the Payee may designate to the Maker in writing fron~ ~
time to time, in legal terxler of the United States, the Prlncipel_Amount to-
` gether with interest at the Interest Rate on the unpaid balance of the Principal ;
Amount. ~ ?
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~ ~ The sums due a~d owing hereunder shatl be paysbie during the • ,
Amortization Period ln equal monthly instaiments, e~ch in the amount of the
i tnstafinent Payment, the first such instsime~t Payment to be made on the First ;
' instaiment Payment Oata and subsequent Instsiment Payments o~~~ dsy
of each nanth thereafter unti! the Maturity D~ate whereupor~ the entira unpsid .
balance of principst :and interest accrued and unpatd thereon shall become dua
. and payabte; ~each s~t~ch instslme~t when pajd st~ll be applied first to the pay-
ment of i~terest on the unpa~d balance at the Interest Rste and the remainder
thereof t~o payment on account of princlpal . ,
ff any I~staiment Payment shail not be peid whe~ due, then the ~ntire
principal sum and accru~ed interest hereunder shall b~eoome due snd payable
at once or thereafter, at the option of the holder of thts Note. The Payee may,
at its optio~, collect s late charge not to excesd two ce~ts for eech one dollar
of esch {nstafinent Payment not pstd when due tiar reimburse the Rayes for
expensez of servicing delinquent instalment Payments. Failure ~o exercise -
these options shall not aonstttute s waiver of the right b~ exercise the same
in the event uf any subseque~t default.
tt is further agreed that the Maker and each endorser, surety, guar-
anmr, jointty and severalfy, shatf pay ail costs of ooilection of this Note, f;
including a reasonabie attorney's fee, including all costs, expe~ses and
at~orney's fees for any retrial, rehearing or ap~~eals, on failure to psy any
Instalment Payment or any accrued int~-est due hereunder on the due dste .
tt?ereof. This Note and af1 sums due hereuxler shsii bear interest at ths
hlghest tawful rate of interest per annum in the State of Fiorida from the dats ~
wt~ the principal and accrued interest un~der this Note sh~li be due and i~
payable. The totai interest payable hereunder shail not in any one yesr t' ~
exceed the highest lawfut rate of interest in the Stste of Florida.
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