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Home My WebLink About0292 ~ ~ r . ~ ~ (Permanent) ~ MORTGAGE NOTE ~ Principal Amount: $gp, 000. 00 Oate of Note: December 29 , 1978 Maturity Date: ~ December 29 . 1988 Interest Rate: 954'~ - ~ Amortization Period: From the day hereof to Maturity Date. , Instalment Payment: $1, 035 .19 First Instalment Payment Date: January 29, 1979 The Payee: THE SUN BANK OF ST, LUCIE COUNTY Address: p• 0. BOx 8, Fort Pierce~ F1. 33450 FOR VALUE RECEIVED, the undersigned and if more than one, joi~tly and severally (the Maker), does hereby covenant and p~ omise to pay to the order ot the Payee, or to jts successors or assigns, at its principal office, or at such other piace 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 interest at the Interest Rate on the unpaid balance of the Principal Amount. . ~ The sums due and owing hereunder shall be payable during the ; Amortization Period-in equal monthly instalments, each in the amount of the ~ Instalme~t Payment, the first such lnstalment Payment to be made on the First ~ Instalment Payment Date and subsequent I~stalment Payments on the first day of each month thereafter until the Maturity ~ate where~on the entire unpaid ~ balance of Qrincipal and interest accrued and unpaid thereon shall become due ~ and payable; each such instalment when paid shatl b~e applied first to the pay- ~ ment of interest on the unpaid balance at the Intcrest Rate and the remainder ~ thereof to payment on accou~t of principal . ~ $ . ~ If any Instalment 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 :he option of 1he holder of this Note. The Payee may, V ~ at its option, collect a late charge not to exceed two cents for each one daliar ~ of each Instalment Payment ~ot paid when due to rPimburse the Payee for ~ expenses of servicing delinquent Instalment Payments. Failure to exercise " these options shall not ~onstitute a waiver of the right to exercise the same , ~ in the event of any subsequent defautt. ~ . ~ - It is further agreed that the Maker and each endorser, surety, guar- ~ antor, jointly and severally, shal! pay al! costs of collection of this Note, including a reasonable attor~ey's fee, including all costs, expenses and ~ attorney's fees for any retrial, rehearing or appeals, on failure to pay any _ Instalment Payment or any accrueci inlerest due hereunder on the due date thereot. This Note and all sums vue hereunder shal) bear interest at the ~ highest lawful rate ot interest per annum in the State of Floricia from the date H ~ when the principal and accrued interest under this Note shall be due and r payable.. ~tx~ total interest payable tjereunder shalt not in any one year ' exceed the highest lawful rate of interest in the State ot Florida. ~ } BOCK 301 FALE ~9~ s, ~ r,. - - - - r ~ 'y,~ y u, h u~. +s. ,t ' ti, 3~~~4~~ e i ^ x, , t -,~s~~.. - _ - _ _a_«... . . _.w_.~._-,