HomeMy WebLinkAbout0664 _
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MORTGAGE NOTE r
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= 15, 000. 00 Ft. Pierce_. i
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. , pm:September 26,1977 j
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For value received. the undersigned. ioiMy snd severally. promise to Fsy to the oMar ot ~
SUN BANR OF FORT PIERCE ~
Et _ Pierce . Flo~ids. a Florida p'nktng association, under the laws of tM United States of Arnerics. th~ ~
FIFTEEN THOUSAND AND NO/100 ($15,000.00)---------------~~~a~ . ~
principal wm of
15,_000.00 vrith interest thereon irom date. payaWemonthy.attherateof NINE percent( 9 ;a)
per annum: th! interest and principat of this note payable in instalments as follows:
eeginning on the first dsy ot NOVEMBER , lg 77 the sum of ONE HUNDRED
~ FIFTY TWO AND 14/100-------------------------------------------ooi~ars
152. 14 snd the same amount on the same day oi each month the~eaiter, and the balance ot principal
payable on the first dsy of OCtObel ~ ig 92 , The aforesaid monthly payments are to oe applied first to interest
at the rate afo~esaid due moothly upon the principal sum o~ so much thereot as shall trom time to time remain unpaid, and
the balance of each monthfy payment shsll be applied on account of principal_
All lnstalments of int~rest snd p~incipal aro ps~?abls at the office of the payee in Ft. Pierce ~
Florida. or st such other placa as the holder hereof may designate in writmg, in lawful money of the United States ot America. If
any of said iitistalrnents of intemst and principsl shall not be paid vrhen due, then the entiro p?incipal sum and aocrued interest
shall becort~e dus and p~yaWe at w~ce. at the option of ihe legal holder of this note. Failure to exercix this optirn shall nat ~
oonstitute a waiver of ths right to exercise tha same in tl~e event of any subsequent default.
R is further agreed that each maker sod endorser. jM~ty and sweraly. shall psy all costs of oollectbn, including a
feaSOi~abb attdml~5 f~, on tailure to nay the princtpal oi this no~e or any interest thercon at matuMy. This note and atl
~ sums due hertunder shall bea~ interest at the rate of ten (10) per cent per annum trom due date until paid. The total interest
payable hereunder shall not in any one year exceed the highest tawful rate oi interest in Florida.
The make?s and endorsers hereof hereby severaly waive presentment for paymeM, protest and notice of ~protest and
non-pa~ment of th~s note, and expressly ag~e jointly and seve+ally to remain and continue bound for the F*ayment of the
pr ~cipat and interest p?QVided for by t+~e temns of this rrote. notwithstanding any eztension or eztensions of the time of. or
tor the payment of said princi:,al or interest, or any change or changes in the amount or amounts agreed to t+e paid unde~ or _ ~
~ by virtue of the obligatioq to ~•ay provided tor in this note, or any cliange or changes by way of release or surrender or subst~-
' tution of any real estate and collateral, ur eitFer. held as seturity tor this note. and waive all and every kind of notice of such €
extens~on or extensions, change or changes. and agree that the same may be made vr~thout the joinder of the undersigned. ~
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. Ceorye T: Rolle _
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- FttEO ~ND ILECOROEO ~g~?~~ ~
SL ~UCtE COUMTY FLA -
ROGER ?OITRAS
C.tE~K C~~iCUIT COURi -
- . =.'F1z'~ _(SEAL)
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s~~T zl 10 ~o AN _ S~Ld~CiECOUN~FLa ~
(SEAL) '
- r. : ;F~t Ci~CUIt COU~i7
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. y libv IS ~p ,fl ~ .
' FL 707•D , ~ ~
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