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this Note shsli be dus and payable. The total interust payable hereunder shall not
in any one year exceed the htghest lawful rate of interest in the State of Florida. ~
This Note is secured by a mortgage (the Mortgage) , dated the date heraof,
of pr+operty situated in the State of Florida, granted by the Maker to the Payee, to }
which reference is hereby made for a description of the mortgaged property, - the
nature and extent of the security, the rights of the Payee tn respect thereaf and
the terms and conditions upon which this Note is issued.
The AAaker agrees that it shall be bound by a~y agreement exte~djng the
time or modifying the above terms of payment, ~nade by the Payee~and the owner t
or awners of the property affected by the Mortgage, whether w~th or without
rwtioe to the Maker, and the Maker shall oontinue liable to pay the amount due
i~e,reunder, but with interest at a rate no greater than the lnierest Rate, accar-
ding to terms of any such agreement of extension or modiflcation. ~
The unpaid batanoe of the Principal Amaunt, plus accrued lnterest shall
becoaMe due and payable at the option of the Payee ~der the happening of an
event by which said balance shall or may beoome due and payable under the terms
of the JYlortgage . .
This Note may not be changed orally, but only by an agreement in writing,
signed by the party against whom enforcement of any waiver, ch~nge, modi-
fication or discharge is sought.
AI~ parties.to this Note, whether Maker, principal, surety, guarantor or
endvrser, hereby waive presentrnent for payrr~ent, demand, protest, notice of
protest, and notice of dishonor, and expressly agree jointly and severally to
remain and conttnue bound fi~r the payment of the principal and interest provided
for by the terms of this Note, notwlthstanding any extension or extensions of
tt~e time of, or for the payment of said prlncipal or interest, or any change or
ct~anges in ihe amount or amounts agreed to be paid under or by virtue of the
abligation to pay provided for in thjs Note, or any change or changes by way
of release or surrender or substitution of any real property and oollateral, or
either, held as security for this Note, and waive ali and every kind of notice of
such extensio~ or extensions, change or changes, a~d agree that the same
inay be made without the jofnder of the Maker. -
/s/ Henry T. McCain
~ /s/ Joan R. McCain
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Ba~K 279 oa~E 379
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