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Home My WebLink About0305 ~ ; ~rrrtr~Ntyri ~ e ~ i L MORTGAGE NOTE ~ PrinciPa~ wmount: S34 ~ 000.00 oate of Note: J~Y 28. 1977 , ~ . ~ Maturity Dste: OAQ Yeat ~ 4 tnceresc ltste: 8 3T~! ~ Amortization Period: fl~om tbs day hereot to the Maturity Daee. Instalment Payaient: 53~,000.00 plu~ intare:t dw July 28, 1978 flrat Instelment Psya~ent Date: FOR VALUE RECEIYED, the undersigned and if mon than one. joinUy and severally (the Msker). does hereby eovenant and promise to pay to the order of Sun Bank of Sk I.ueie County or W its suaesaora or assigna (eollectively the Payee)~ at ita principal oifiee at 111 Orange Ave., Fort Aerre. F,ls. or at auch other ptace as the Payee may deaignate to the bisker in crriLing ~mm Licaa to time. in legal Lender c?t the United States, the Principal Amount to~[ether with interest at the Intereat Rate on the unpaid balance of the Principal Aznount The aums due and owia~t hereunder shall be payable during the Amortization Period in equal monthly inatalments, each in tbe amount .ot the Indalment Paymen~ the tirst such Inataiment Payment to be made on tl~e Fiest Instalment ~ r-'---^ t~~ a:: ~_!s snrt_r.!!s lkora~flnr :xnli! !Z!!! ~1'~3tltts~lt ~81.~ t'8~IIIICIIL 1JSLe $J1Q 64UOtl{~YCRI lUaWijuC~a~ a o,~auosaw via :w r.~ ~ whereupon the entire unpaid balanee of principal and interest accrued and unpaid thereon ahall become due and pay- able; each wch inetalment when paid ahall be applied ~rst to the payment ot intereat on the unpaid balance at the In- tereat Rate and the remainder thereof to payment on account of principal. If sny Iustalment Payment ahall not be paid when due. Wea the entire principal aum and socrued interest here- under ahall become due and payable at onoe or thezwafter. a~ the opUon oE ~,e holder oE this Note. The Payee may. at ita option, callect a late charge not to e:ceed two cente for each one dollar of each Instalment Payment not paid when due to reimburae the payee tor e:penaea of serviceng delinquent Inatalment Paymenta. Failure to e:erciae theee optiona ahall not consdtute a waiver of the right to e:ercise the same in the event of any subeequent detaulk It ia furtber agreed t6at the Maker and ~ch endoeaer, surety. guarantor. joinUy and s~weraUy, shail pay a11 costs of collection of thia Note. inctuding a reaeoaable attorney's [ee, on failure to pay any Inetalmeat Payment or any accrued intereat due hereunder on the due date thereof. This Note and all aums due bereunder shall bear interest at the hiaheat lawful rate of iatereat per annum in the 3tate of Florida from t6e date when the principal and aocrued interest under this Note shall be due and payable. The total intcreat payable heteunder shall not in any one year e:eeed the higbest lawful rate ot inteteat in the State o[ Fforida '17~is Note is eecured by ~ a Mortgaae. dated the date },er~wf, of property situated in tl~e 3tate of Floride. The Maker agreee that it ahall be bound by any agreement e:tending the time or maditying the above terms of paycnent, made by the Payee and the owner or mvners of the ptoperty atfecled by aaid Mortaage, whether with or with- out notioe to the Maker. and the Maker shall rnntinue liabk to pay the amount due bereunder. but wiW interest at a rate no greater tl~an the Intereht Rate. aerording to tl~e terms of any wch agreement ot e:tension or modification 'I7~e unpaid batance o[ the Principal Amount, plua acrruec~ interest ahall become due and payable at the option of thQ Payee under the happening of an event by which aaid balance ahall or may become due and payable under the terms of said Mortgage. This Note may not 6e changed orally, but oniy by an agreement in writing, aigned by tbe party againet whom en- toncemeat of any waiver, change, modification or dixharge is sought All parties ta this NQte, whethez Make:, pr":ncigal, ausety~ ~u$rantor or endorser. hereby waive presentment for payment, demar~d, protes~ notiee of protest, and notice of dishonor. end e:presaiy agree joinQy and aeveratly to remain and continue bound tor the payment of t6e principal and interPSt pmvided for by the terms of this Note, notwithstanding any e:tension or extenaiona of the time ot, or for the payment ot said principal or interest, or any change or changes in the amount or amounta agreed to be paid under or by virtue ot the obligation to pay provided tor in thia Note, or any change or changes by way of release or surrender or eu6atitution of any real property and coilateral, or either. held as aecurity tor this Note, and K•aive all and every kind ot notice ot auch estension or e:tensions, chaage or changea, and a8ree that We same may be made wit6out t6e joinder of the Maker. P' O Hox 2161 Yort Pierce, l~lorida 33~50 /s/ William H. Hilson /s/ Daura H. Hilson ~ B~UK ~ J v PACf r.+M ~:i - wrrni~ i~ a.uw _ , _ ~