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Home My WebLink About0109 (Permanent) c o p Y ~ , ~ : ;t;~ . MORTCAGE NOTE ~ t '''J ~ ~ ~ - _ . . . Principal Amount: $~.000..00 Date of Note: April 27, 1978 Maturity Date; June 15 ~ 1993 Interest Rate: 9$ ~ Amortizatlp~ Pertod: From the day hereof ta Maturity Date. Instaiment Payment: $~1.00 -First Instalment Payment Date: June 15, 1978 ~ ~ - - . The Payee: - ~ Sun Bank of St. Lucie County • Address: 111 Oranqe.Avenue, Fort Pierce, Florida 33450. FOR VALUE RECEIVED, the undersig~ed and if more than one, jointly and severaliy (the Maker), does hereby covenant and promise to pay M the ~ order of ihe Payee, or to its successors or assigns, at its principai 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 Unlted States, the Principai Amount to- gethier with interest at the Interest Rate on the unpaid yalance of the Principal ~ Amou~t. ~ The sums due and owing hereunder shall be payable during the ~ Amortization Period in equal monthly instaiments, each in the amount of the ~ ~ Instalment Payment, the first such Instaiment Payment to be made on the First _ ~ . Instalment Payment Date and subsequent Iristalment Payments on the first day of each month thereafter until the Maturity Date where~pon the entire unpaid balance of principal and interest accrued and unpaid thereon shali become due and payable; each such insialment 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 Instaiment Payment shall not tie paid whe~ due, then the entire principal sum and accrued interest heretmder shall become due and payable at once or thereafter, at ihe option of the I~aider of this Note. The Payee may, at its option, coilect a late charge not to exceed two cents for each one dollar of each Instalment Payment not paid when due to reirnburse the Payee for ~ expenses of servicing delinquent Instalment Payments. Failure to exerc~se these options shall not constitute a. waiver of the right to exercise the same , in the event of any subsequent default. it is iurther agreed that the Maker and each endorser, surety, guar- antor, jointiy and severaily, shall pay ali costs of collection of this Note, a including a reasonable attorney's fee, includi~g ali costs, expenses and attorney's fees for any retrial, rehearing or appeals, on failure to pay any instaiment Payment or any accrued interest due hereunder on the due date , thereof. This Note and all sums due here~der shall bear interest at the highest iawful rate of interest per annum ~n the St~te of Ftorida from the date when the principa! and accrued interest under ihis Note shail be due and payable. The totaf interest payable hereunder shall not in any one year exceed the highest lawfui rate of interest in the State of Florida. . goo~ 287 ~E iQB . ~ ~ ~ - - - t ~ ,...~~_r._~._ ~ _ . - -