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HomeMy WebLinkAbout0061 - . , (Permanent~ . - . ~ ' ~ . MORTGAGE NOTE Principal Amount: =95,OOA.00 Date of Note: Maturity Date: ~~~~ry 10, 1989 . Interest Rate: ! 3/4 t . . Amortization Period: From the day hereof to Maturity Date. . . Instalment Payment: $1, 006.40 . _ First instalment Payment Date: 10. 1979 • T~ ~y~: Sun Bank of 8t. Luois County B. O. Ho~c 8 Address: FoZt pisrca~ ~lotida ~ 33~'S0. FOR VALUE RECEIVED, the undersigned and if more than one, jointly 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 prjnclpal 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 Pr~ncipal Amount to- gether with interest at the Interest Rate on the unpaid balance of the Principai Amount. . - • ° - The sums due and owing hereunder shall be"payable during the ; Amorti=ation Period in ~equal monthly instalments, each in the amount of the t Instaiment Payment, the first such Instalment Payment to be made on the First , ~ InstalmEnt Payment Date and subsequent Instalment Payments on the first day ~ of each month thereafter until -the Maturity Date whereupon the entire unpaid ~ balance of principal and interest accrued and unpaid thereon shall become due . and payable; each such instalment when paid shatl 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 Instalment Payment shall not be paid ~n?hen due, then the entire principal sum and accrued interest hereunder shall b~came due and paysble at once or thereafter, at ihe opt~on of the holder of this Note. The Payee may, at its option, coliect 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 delinque~t Instalment Payments. Failure to exercise ° these options shatl not constitute a waiver of the right to exercise the same ~ in the ~event of any subsequent defauli. . ~ ~ It is further agreed that the Maker and each endorser, surety, guar- ~ antor, jointly and severally, shall pay all costs af collection of this Note, ~ ~ inciuding a reasonable attorney's fee, including ali costs, expenses and ~ attor~ey's fees for any retriai, rehearing or appeals, on failure to pay any ~ Instalment Payment or any accrued interest due hereunder on the due date thereof. This Note and all swns due hereunder shall bear interest at the. ~ highest lawful rate of interest per annum in the SWte of Florida from the date when the principai and accrued interest under this Note shall be due and payable. The total interest payabte hereunder shall not in any on~year - exceed the highest lawful rate of interest in the State of Florida. ~ seox ~3 Fac~ 61 ~ ~ . ~ 3. . - . " ~i _ " _ . . ._~~ac . _ . . ' _ ' . ' ~ w i'y{ . ~ 'i x'4a't ~ ~s~x H ...~~L ~?vf~„~ ` . ~ i ~ ~ , ~ ~ . . . f ~^:~~~`:i . _ _ . .