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HomeMy WebLinkAbout1670 This Note is secured by a mortgage (the Mortgage), dated the date hereof, of property situated in the State of Florida, granted by the Maker to the Payee, to which reference is hereby made for a description of the ctnortgaged property, the nature and extent of the security, the rights of the Payee in respect thereof and the terms and conditions upon which this Note is issued. The Maker agrees that it shall 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 shall continue liable to pay the amount due hereunder, but with interest at a rate no greater than the interest Rate, according to the terms of any such agreement of extension or modification. The unpaid balance of the Principal Amount, plus accrued interest shall become c1~?e 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 te?-ms of the Mortgage. This Nate may not be changed orally, but anly by an agreement in ~ hritin s i~ n b the ' 9. ~ y party against whom enforcement of any waiver, change, nroditication or discharge is sought. All parties to this Note, whether Maker, principal, surety, guarantor or endorser, hereby waive presentment for payment, demand, protest, notice of protest, and notice of dishonor, and expressly agree jointly and severally to remain and. continue bound for the payment of the principal and interest provided far by the terms of this Note, notwithstanding any exten- 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 t paid under or by virtue of the obligation to pay p?•~vided for in this Note, or any change or changes by way of release or surrender or substitution 4 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 that the same may be made without the joinder of the Aiaker. € j E i s 3 1 1 - s / / i-~ ` ~ f~ i i ~,Lt t. ? r s°oo~ 3d4 ~AGf 1668 i r ~ r.y a _ a _ _ d..