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Home My WebLink About0227 . , ; a : ~j . ' e i ; . ~ ' (Permanent) MORTGAGE NOTE Principal Amount: S12,OOO.UO Date of Note: Aug. 8, 1978 Maturity Date: septemUer l, 19£38 (nterest Rate: 9 3/4$ per annum Amortization Per-iod: From the day hereuf to Maturity Date. . Instalment Payment: 5156.93 per month - First Instalment Payment Date: ~ctober l, 1978 The Payee: st;:; ~3:~:t: OF SZ. LUCII: C~~UNiY Address: 111 Oran~e Avenue, Fort Pierce, Fla. 334~0 FOR VAIUE RECEIVED, the undersigned and if more than one, joJntly and severally (the Maker), does hereby covenant and promise to pay to the order of the Payee, or to its successors or assigns, at its principel 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 inte?-est at 1he interest Rate on the unpaid balance of the Principal Amount. ~ The sums due and owing hereunder shall be payable during the E i Amortization Period in equat monthly instalments, each in the amount of the ; Instalment Payment, the first such Inslalment Payment to tx rnade on the First j Instalment Payment Date and subsequent Instalment Payments on the first day ~ of each month thereafter untii the Maturit~ Date whereupon the entire unpaid ~ balance of principat and interest accrued and unpaid thereon shall become due ~ and payable; eact~ 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 tnstalment Payment shall not be 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 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 the Payee for ~ expenses of servicing delinquent Instalment Payments. Faiture to exercise ~ these options shall not constitute a waiver ot the right to exercise the same ~ in the event of any subsequent default. ~ ~ ;t It is furth~r ayreeci that the Maker ancf each endorser, surety, guar- antor, jointly anci severally, shai! pay all costs of collection of this Note, ~ including a reasonable attorney's fee, including all costs, expenses and _ aUorney's fees for any retrial, rehearing or appeals, on f~iilure to pay any Instalment Payment or any accrued interest due hereunder on the due date E= thereof. This Note and all sums due hereunder shall bear interest at the Y~ ~ 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 and ~ payable. The total int~rest payable hereunder shall not in any one year ~ exceed the highest lawful rate of interest in the State of Florida. ~ 292 z27 ~ x _ _ ~ - - - - - _ 3 ~ - - ~ ~f ~ ~ r t ~ . ~ p~..~.--~~ T.vz~ ~ ~ - ~.a~ ~ - ,x,`~ ~ _ ~ . _ ~ rs':~;~: $ _ _