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Home My WebLink About0086 (Permanent) MORTGAGE NOTE ~ P?-incipal Amount: .500.0o Uate of Note: rs.arch 23 2~~7f; , Maturity Date: `^~il i, 19~3 °'.'s •;ur ai~nu.-~ Interest Rate: - Amortization Period: From the day hereQf to Maturity Date. Instaiment Payment: si~o.41 First instalment Payment Date: "~Y 1~ = The Payee• OF ST. i.UCIr~ ^~~.imY ~ 1_1 :raiige Avenue, Furt t'ierc~, ^lorida 33450 Address:, FOR VALUE RECEIVED, the undersigned and if more than one, jointly ~ and severally (the Maker), does hereby covenant and promise to pay to the order of the Payee, or to its successors or assig~s, 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 S?ates, the Principal Amount to- gether with interest at the Interest Rate on the unpaid balance of the Pri~cipa! A~ount. ~ ~ ' The sums due and owing hereunder shall be payable during the ~ Amortization Period in equal monthly instalments, each in the amount of the ! Instalment Payment, the first such~ Instalment Payment to be made on the First ! I~stalment Payment Date and subsequent Instalment Payments o~ the first day ~ of each month thereafter until the Maturity Date whereupon the entire unpaid ~ balance of principal and interest accrued and unpaid thereon shall become due ~ and payable; each such instalment when paid shall be applied first to the pay- ~ ment of interest on the unpaid balance at the Interest Rate and the remainder thereof to payment on account of~principal. ~ ~ If any Instalment Payment shall nat be paid when due, then the entire ~ principal sum and accrued interest hereunder shall become due and payable at once or thereafter, at ~he option of the holder of this Note. The Payee may, at its option, collect a late charge ~ot to exceed two cents for each one dollar of each Instalment Payment not paid when due to reimburse the Payee for expenses of servicing delinquent Instatment Payme~its. Failure to exer•cise ~ these options shall not constitute a 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 afl costs of collection of this Note, _ ~ including a reasonable attorney's (ee, including all costs, expenses and ~ attorney's fees for any retrial, rehearing or appeals, on failure to pay any Instalment Payment or any accrued interest due hereunder ot~ the due date thereof. This Note and all sums due hereunder shall bear interest at the ~ highest lawful rate of interest per annum in the State of Florida from the date ~ when the pri~cipal and accrued interest under this Note shalf be due and ~ payable. The total interest payable hereunder shall not in any one year ~ exceed fhe highest lawful sate ot interest in the State of Florida. - ` • gQRK ~S`t PAGE W ~ , - - - - - - - _ ~ ~ y;r~ ~ ~_~,~N~ ~ - - t ~ _