HomeMy WebLinkAbout0683 Thls Note is secured by a mortgage (the Mortgage), dated the date
hereof, of property situated in the State of Fiorida, granted by the Maker to
the Pavee, to which r~ference is hereby made for a descriotion of the
mortgaged property, the nature and extent of the security, the ~-ights of .
the Payee in respect thereof and the terms and conditions upon which this
Note is issued.
The Maker agrees that it shalt be bound by any agreement extending
. the time or modifying the above terms of payment, made by the Payee and
the owner or owners of the property affected by the Mortgage, whether with
or without notice to the Maker, and the Maker shalt continue liable to pay
the amount due hereunder, but v~ith interest at a rate no greater than the
Interest Rate, according to the terms of any such agreeme~t of extensioh or
modification.
The unpaid balance af the Principal Amount, plus accrued interest
shall become due and payable at the option of the Payee under the happening
of an event by which said balance shall or may become due and payable
under the terms of the Mortgage. ~
This Note may not be cha~ged oraliy, but only by an agreement in
writing, signed by the party against whom enforceme~t of.any waiver,
change, modification or discharge is sought.
Aii parties to this Note, whether Maker, princtpal, surety, guarantor
or endorser. herebv waive oresentmPnt f~r r~avmPnt .is+r,~a.,.i .,r~to~*
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notice of protest, and notice of dishonor, and expressty agree jointly and
severally to remain and continue bound for the payment of the principai and
~ interest provided for by the terms of this Note, notwithstanding any exte~-
sion or extensions of the time of, or for the payment of said principal or
interest, or any change or changes in the amount or amounts agreed to be
paid under or by virtue of the obligation to pay provided for in this Note,
or any change or cha~ges by way of release or surrender or substitution
" of any real property and collateral, or either, held as security for this
~ Note, and waive all and every kind of notice of such extension or extensions,
change or changes, and agree ihat ihe same may be made without the joinder
of the Maker.
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