HomeMy WebLinkAbout0387 This Note is secured by a mortgage (the Mortgage), dated the dste
hereof, of property situated in the State of Florida, granted by the Maker Lo
the Paye3e, to whlch reference is hereby made for a description of the
mortgaged property, the nature ar~d extent of the security, the rights of
the Payee !n respect thereof and the terms and conditions upon which this
Note !s issued.
The Maker agrees that it shail be bound by a~y agreement extending
the time or modifying the above terms of payment, made by the Payee and
the owner or owners of the property ~affected by the Mortgage, whether with
or wlthout notice to the Maker, ar~d the Maker shall conti~ue liable to pay
the arrwunt due hereunder, but with interest at a rate no greater than the
Interest Rate, according to the terms of any such agreement of exte~sion or
modiflcation.
The unpaid balance of the Principal Amount, plus accrued interest
shall become due and payable at the option o~ the Payee under ihe happening
of an event by which said balance shall or may become due and payabie
under the terms of the Mortgage. ~
This Note may not be changed orally, but only by an agreement in
writing, signed by the party against whom enforcement of any waiver,
change, modification or discharge is" sought.
Ali parties to this Note, whether Maker, prin,c,ipat, surety, guara~tor
or endarser, hereby waive presentment for payment, demand, protest,
notice of protest, and notice of dishonor, and expressly agree jointly and
severaliy to remain arrd continue bound for the payment of the principal and
interest provided for by the terms of this Note, notwithstanding any exten-
sion or extensions of the time of, or for the payment of said principa! or
interest, or any change or changes in ihe amount or amounts agreed to be
paid under or by virtue of the obligation to pay provided for in this Note,
or any change or changes by way of release or surrender or substitution
of any real property and collateral, or either, hetd as security for this
Note, and waive all and every kind of notice of such extension or extensions,
change or changes, and agree that the same may be made without the joind~r
of the Maker.
Ls/ Robert J. Myers
/s/ Charlotte L. Myers
~
. i
S
~
Bo~x279 ~A~E 386