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Home My WebLink About0949 : ;c~~ rc.~c E ;uTe t'kI;tiCIY:\i. .L`IUUti'1': $'-.~+~~.UO MATURITY Da1'E: ~i yt':+rs--June 9. 1983 ~L'~:+JhTI'L:\TIU~ PERIUD: 5 yc:irs I~3STAl.M1:NT PAYPI::HT• $~?9.?_5 FLRST I\ST~L,`lE~T YAY:fENT DATE: •luly 9, 1978 DA'fE OF NOTE: ~~~n~ 1978 Ii~TEf~:ST ~.a'iE: 8 1/2 7 ~ fiUR Vr1I.UE ~CEIVED, the undcrsigned and if more than one, jointly and severally ([ha: llaker), doPS hereby covenant and prumise to pay to tlie order of KAYPIO~D P. GEI\ or to his successors or assigns (collectively ttie Payee) at Fost OfEice Bc~s k03, rort Pierce, Florida 33450 or such other place as the Fayee may designate [o the lfaker in writing from time to time, in legal tender of the ~iR1L2~ St?~~'3~ ~:i4 °~iu~ikiai ~auwuu~lC ~ogether with interesC aC the Interest Rate on the unPaid balance of the Principal Amount. The sums due and owing hereunder sha11 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 mac~e on the First Instalment Payr.?ent Bate and subsequent Instalment Payment on the first day of each month thereafter un[il the Maturity Date whereupon the entire unpaid balance of principal and interest accrued and unpaid thereon shall become due and payable; each such instalmenC when paid shall be applied first to the payment of interest on the unpaid balance at the Interest Rate and the remainder thereof ta payment on acconnt of principal. If any Instalment Payment shatit .,..r ~.Q paid when due, then the entire~principal sum and accrued interest hereunder shall become due and payable at once or thereafter, at the option of the holdex of this Vote. The Payee may, at its option, collect a late charge not to exceed two cents for each one dollar of each Instalment Payments. Faflure to.exercise 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, guarantor, }ointly and severally, shall pay all costs of collection of this Note, including a reasonable attotaey`s fee, on failure to pay any Instalment Payment or any accrued interest due hereunder on 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 principal and accrued interest under this Note shall be due aad payable. The total interest payable hereunder shall not in any one year exceed the highest lawful rate of interest 'i. in the State of Florida. C ~ Ti~is Note is secured by a Mortgage, dated the date hereof, of property siCuated in the State of Florida. ~ : ' 'Tiie :~Iaker agrees that it shall be bound by any agreement extending the time or ~:.odifying the above terms of paymen[, made by the Payee and the owner or ~ a~X;~ers of the property affected by said Mortgage, whether with or without ~ no[ice to th~ Maker, and the Maker shall continue liable to pay the amount due ~ hereunder, but with interest at a rate no greater than the Interest Rate, ; according to [he terms of any such agreenent of extension or modification. ~ ; Tne unpaid balance of the Principal Amount, plus accrued interes[ shall become due and payable at the option of [he Payee under the happening of an event by = k~hich said balance shall or may become due and payable under the terms of said ~ :~ortgage. i s 't'1iis Note ~zay not be changed orally, but only hy agreement in writing, signed ; by the party against whom enforcetaent of any waiver, change, modification or ~ discharge is sought. ` ~`~11 parties to this .iote, vhether Maker, principal, surety, guarantor or r endorser, hereby waive presentment for paymen[, demand, protest, notice of . :3rotest, and notice of dishonor, and er.pressly agree jointly and severally to r~,;nain and continue bound for the payment of the principal and interest provided ~ ' for by the terms of this Note, notwithstanding any extension or extensions of ; tne time of, or for the payment of said princival or interest, or any change or ~-i~anges in the amount or .~unounts agreed to be paid under or by way ot release , ur _,urrender or substitutian of any real property and collateral or cither held ~,s security for this Note, and waive all and every kind uf notice of such ~ <~::tension or e~tensions, change or changes, and agree thaC the same esay be i~ade ::itiiuut the joinder of [he Maker. ~ .l ~ :1', - - ' - - ~ LS ~UG(~W PAGE 9~9 Rf,~ ~Y~ I.ETN, JR. _ IJ . ? ~ , l . - - - - - - - - 3 - ~ _