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Home My WebLink About0768 (Permanent) MORTGAGE NOTE Principal Amount: 517,000.00 Date of Note: 02-21-79 Maturity Date: ~rch 1, 1989 Interest Rate: 9 3/4~ ~ .qmortization Period: From the day hereof to Maturity Date. lnstaiment Payment: S161.25 First (nstalmer~t Payment Date: pl~ril 1, 197~~ The P~+yee: st~;~ f3ANK OF ST. LUCIE COi;NTY ~cldres5: ~=i' urarige Avenue, Fort Pierce, Fiorida '3450 FOR VALt~f_ RcCf~iVED, the undersigned and if more than one, jointly and severaliy (the Alaker), does hereby covenant and promise to pay to the ~~rder of the Payee, or ta its successors or ass+gns, at its principal office, or at such other :~lace as the Payee may de5ignate to the Maker in writing from Ume to time, in legal tender of the United StaiPS, the Principal Amount to- gether with interest at the Interest Rate on the unpaid balance of the Principal ; Amount. i - ~ The su ;~s due and owing hereunder shall 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 made on the First ~ Instalment Pa~~ment Date and subsequent Instalment Payments on the first day £ cif each m~~nth thereafter until the Maturity Date whereupon the entire unpaid ~ balance of principal and interest accrued and unpaid thereon shall become due 5 and payable; eacli such instalment whe~ paid shall be applied first to the pay- ~ m~nt of interE~st on the unpaid balance at the Interest Rate and the remaindec ~ theree~f to payment on account ot principal . ~ ~ If any Instalment Payment shall not be paid when due, then the entire ~ principa{ sum an~ accrued interest hereunder shall become due anci payable ~ at once or thereafter, at :he option of the holder cf this Note. The Payee may, ~ at its option, coflect a late charge not to exceed hvo cents for each one dollar r: ; ~f each lnstalnient Payment not paid when due to reimburs~ the Payee for expenses of servicing delinq~ent Instalment Payments. Failure to exercise these options shall not constitute a waiver of the riyht to exercise the same - in the event of any subsequent default. > ~ It is further agreed that the Maker and eacii endorser, surety, guar- - antor-, iointty and s~verally, shal! pay all costs of collection of this Note, ~ s$ r.cluc~ing a r~~asonable attorney's fee, including all costs, expenses and ~ ~ttorney's fc~fs for any retrial, rehearing or ap~~eats, on failure to pay any - =+~stalment ~'ay:~~~nt c,r any accrued interest ~iue h~reunder on the due date ;h<<reof. This Note and all sums due hereunder shall bear interest at the ~ I~iyhest lawfu~ rate of interest per annum in the State of Florida from the date ~ when tt~e principal and accrued interest under this Note shall be due and pa;able. Th~~ total interest payable hereunder shall not in any one year ~ excc~eci the +~i~~hest I~~wful rate of interest in the State of Florida. . : : . SacK ~4 PACE 76$ ~ ~ ~s_.__ _ - - - _