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Home My WebLink About0689 ~ K11Y~M<Nt1 MORTGAGE NOTE Pripc;w~ Am~nt: i39, 000.00 v.ts ot tvoa: Maauity n.a: 1S years L,ee,e.e ~t,cs: 4 3/~t Amo:tissboa Period: fl~om tbe d.,~? hersot to tbe MRwdbr D.ts. p,~c: =389.80 ~si t~nt p.y~c n.t~: Au9ost 1. 1977 FOx VALUE RECEIVED. the w~derdgt~ed snd if more than oae. jointly and severally (t~he Malcer). dces hr.rebp eovenant and promise to pay to the order ot Sun Bank oi 3t. Lncle Count~ or to ib suoeessors or assigns (eoUectivdy the Payce). at its prineipsl ~ea at 111 Orange Ave., Fort Arn~e, Fla. or st aueh other plsoc as the Payee may desisaste to the Msker in ~vriting irom time to ti~e, in leaal tender of the United Ststea. the Priaeipal Amo~nt togetDer ~aiW innterest at the Intetest Bste on the ~wpaid 6aW~oe of the Psineipal Amo~wk The auu~s due and owin~t beceuader ahall be RaYable dutina the Amortization Period in equsl maatWy instalments. eacb in tl~e amo~nt ot We Iadalment Payment, tbe Cud anch Iadalment Payment to be made on the I~rst Indalment Paymcnt Date aad wb~equent Iadatment Pa~rmenb on the fitd day of eac6 mont6 tbereatter until tbe Matu~ity Date w6ereupon We eatire uapeid 6alanoe of P~ciP~l and intered accrued and unpeid tbereoa ihsll beco~?e due and pay- abie: each ax~ indatment wTben peid ahell be applied fi~at to the payment ot iaterest on tbe unpaid bslsnce at t6e In- - terest Rate and ths r~nainder thereof to psyment on aocount ot P~P~- If aay InsWmeat Payme~t ~6s11 not 6e paid whea due, then the ~tin prineipal snm and socrued interest ben- under shall beoome due and pRyabie at oaee or thes~tter. at t}ie option at the ho1d~ oE this Not~ Tbs Paye~e may. at its optia~. oollect a late chsr~e not to ~oeed Mo cents tor e,a~:h one dollar ot ~ech InsWment Paymet?t not paid wrben dne to reimbu~se the Payee ior e:penses ot s~rvicin6 delinquent Iastalment Paymeats. Failure tQ e:ercise t~eae opiia~s sball not constitute a waiv~er of tbe ria6f to azenise the aame in tbe e+~u! of any subseqnmt default I! is turther aarsed that the Maker and e~ch endorser. eunty, ~arantor. jointly and ~srvetally. shall pay all co~ts of collectio~ of thie Note. iucludins a reas~able attomey's fce, on failure to pay any Instalment Payment or aqy aocrued interest due hereunder o~ tbe due date t6ereof. ~is Note and all ~ due bere~nder ahall besr interest at tbe ~t iawf~t rate of inbei+est pet aanum in the StaEt o[ Florids frum tLe date wh~n the principal and aec~nied interest ~u~der _ this Note ahall be due snd payabie. The total interest payabie hereunder ehall not in any one year e~ceed tbe hiahest lavvEul rate ot interest in tbe 3tate ot Florsds. 'Ibi~ Note is secured by a Mortaaae. c~ated the dste hereof. of pmperty sitnated in the State of Florida. ~e Meker a6rces that it aball be baud by any a~re~oent eiteadins tLe time or modifyins the abe~re terms oE paymen~ made by the Payee and tbe awner or o~rnen o~ the property affected by said Mortsase, wbether v~ith or with- out notioe to tbe Maker. and t6e Maker shall c~tinue 1iaW~ to pay tbe aznoant due beneuader, bnt with interat at a rate ~~ater than tbe Inte~$t Ratq aoeor~in6 to tl~e terms ot any such a~reeaaent of e:tension or moaificatiaa~. T6e ~mpaid belanoe of the Pri~ipnl Amoan~ Plus aorrned intenst ahall become due and PaYabte at the option of the Payet under tl~e happenins of an ewent by which said batanoe ahall or may becbme dae and pnyabie ander the terais of aaid Mort~a This Note maq not be chan6ed orally. but only by an agreement in writin6. si6~~ed b5? the ~rty againat whom en- foroement d any weiver. chan6e. modif'x~ation or dischar6e in sou~hk All parties to this Note, wrhetber Maker. PrinciPal. ausety. auarantor or ~dorser, herebq waive pre~entment tor P+Y~nR, demaad. Protesk notioe of pmteat, aud notica of dia6onor. and e=P~Y s6~ loiatly and sev~erally to remain and rnatinue bound tor the payment of tLe principal and interest-provided for by t6e terms of tl~u Note. notwithstandina any e:temion or e:tensiom oE the time of, or tor tbe peyment of said principal or intereat, oi any cl~anse or cLan,~es in the amount or amounts sareed !o be paid under or by virtue of tbe oWiaation to pay pravided for iu this Note, or sny chanse or chanaes by way of rek~ase or surrender or wbstitution of anY resl Property and oollateral. or at6er. beld as securify for this Note. and v?aive all and every kiad of notioe of wc6 e~emion or e~enaonu. chan6e or cbanaea, and asree that t6e eame ~oaY be made withwit tbe joinder of the Maker. . '~,9 ~ ~ ~ eooic~77 ~ ~ -