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Home My WebLink About0599 ~ (Permanent) ~ . • . . , ; MORTGAGE NOTE Principal Amount: $13,000.00 Date of Note: ~ch 8, 1978 Maturity Date: April 13, 1993 Interest Rate: 9~~ Amortizatlon Period: From the day hereof to Maturity Date. Instalment Payment: $133.80 First instaiment Pa-yment Date: April 13, 1978 The Payee: g~ g~ of St. LuCie County Address: ~ 111 Oranqe Avenue, Fort Pierce, Florida 33450 FOR VALUE RECEIVED, ihe undersigned and if more than one, jointiy . and severaliy (the Maker), does hereby covenant and promise to pay to the order of the Payee, or to its successors or assigns, at its principal office, or at such other place as the Payee may designate to the Maker in writing from time to time, in legal tender of the United States, the Principal Amount to- gether with interest at the Interest Rate on the unpaid balance of the Principal Amount. f The sums due and owing hereunder shall be payable during the ~ Amortization Period in equai monthly instalments, each in the amount of the f ~ Instalment Payment, tfie first such Instalment Payment to be made on the First ~ Instaiment Payment Date and subsequent tnstaime~t Payments o~ the first day i of each month thereafter until the Itilaturity Date whereupon the entire unpaid balance of principa! and interest accrued and unpaid thereon shall become due and payable; each such instalment when paid shali be applied first to the pay- ment of interest on the unpaid ba.lance at the interest Rate and the remainder thereof to payment on account of principal . If any Instalme~t Payment shall ~ot be paid when due, then the entire principal sum and accrued interest hereunder shail become due and payable at once or thereafter, at ihe option of the holder of this Note. The Payee may, at its option, collect a late charge not to exceed two cents for each one dollar of each Instalment Payment not paid when due to reimburse ihe Payee for # expenses of servicing delinquent Instalment Rayments. Failure to exercise ! ~ these options shall not constitute ~ waiver of the right to exercise the same ~ in the event of any subsequent default. ~ ~ ~ ~ It is further agreed that the Maker and each endorser, surety, guar- ~ ~ antor, jointly and severally, shall pay all costs of collection of this Note, ` ~ including a reasonable attorney's fee, including all costs, expenses and ~ ~ attorney's fees for any retrial, rehearing or appeals, on failure to pay a~y ~ Instalment Payment or any accrued interest due hereunder on ihe due date ' thereof. This Note and all sums due hereunder shall bear interest at the ~ highest lawful rate of interest per annum i~ the State of Florida from the date ~ ~ when the principal and accrued interest under this Note shall be due and ~ ~ payable. The total interest payable hereunder shall not in any one year ~ exceed the highest lawful rate of interest in the State of Florida. ~ ~ °~~K283 ~a~~ 598 ~ ~ ` . _ ~ . . _ _ _ . _ _ ~