HomeMy WebLinkAbout0612 This Note is secu~ed by a mortgage (the Mortg~ge), c~e~l ~re~e
hereof, of property situated in the State of Florida, gru~ted ~r
the Payee, to which reference is hereby made for a descriptia~ ~ 3lse
mortgaged property, the nature and exter~t of the security, t~,e a~
the Payee in respect thereof and the terms and c~o~r~djtio~s Lpan ~~kis
Note is issued.
The Maker agrees that it shal I be bound by any agr~emawt ~
the time or modifyi~g the above terms of payment, msde b~r 3be IR~ee~ '
the owner or owners of the property affected by the i~o~q~e.
or without notice to the Maker, and the Maker shaif coniiru~ ~~~y
the amount due hereunder, but with i~terest at a ~ate r~o g~le~- f~ww IiYe .
Interest Rate, according to the terms of any such agreeme~t o~ ~r
modification.
The unpaid balance of the Pri~cipal Amount, pius accr~ed ~t
shali become due and payable at the option of the Payee ~~e ~
of an event by which said balance shafl or may becon~e d+~ ~ar~d ~
unde~ ihe terms of the Mortgage.
This Note may not be changed oraity, but only by ~_~r~ ii~a
writing, signed by the party against whom enforcement ~f any ~wai~„
change, modification or discharge is sought.
' All parties to this Note, whether Maker, principal. ~r„ ~
or endorser, hereby waive presentment for payment: demand„
notice af protest, and notice of dishonor, and expressly agr+ee ~jn~?~ _
severally to remain and continue bound for the paymec~t a~F ~~pr-.~ ~i
interest provided for by the terms of this Note, noiwiihst~n6ir~ a~y .
; sio~ or extensions of the time of, or for the payment of sa~ ~-ir~1 ~
interest, or a~y change or changes in the amount or ainounis ~gr~ndi mo ~
paid under or by virtue of the obligation to pay pravided ~_is~
or a~y change or cha~ges by way of retease or sur~~det- or ~i1s~~
of any real property and coilateral, or either, held as secur~i~? ~ tttii~
Note, and waive ail and every kind of notice of such e~ctension ~~rss~„
change or changes, and agree that the same may be made wiil~auii ~~cia~r
of the Maker. ~
/s/ Clyde C. Clay
/s/ Margaret E. Cla~ ~
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s~y RrCO , .