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1VfRMANCMTI
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iViORTC~GE NOTE ~ _
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Principnl Amaunt: ~ 2~ o O U O. fl 0 Uate ot Notel`itiy S ~
Mnturity Dfltc: T6A Yea~rs - ~
Interest Rnte: t3 3f ai ' ~
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Amortizt~tion PFriod: From the dey hereof to the h*ntu~ity Date. . ~
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~ Instalment Payment: ~ Z~i3. 20 ~
_ Fitst Instalment Payment Qt~te: a7W_l@ 2.rJ~ 197rJ ~ ~
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~ FOR V~LUF. RECEIVED~ the undersigned nnd if more than one~ joiatly and severaily (the ~fuker), does herehy ~
co~•enant and promise to pay to lhe order of Sun 13ank oi St. l.ucie County oc to its succeasots or assi~is (coilecti~•ely the ~
Puyee); at its principal office at I11 Orange ~1~•e., Fort Pierce, Fla. or at such other place as the Payee may designate s
to thc 1~aker in ~~rit~ng from time to time, in legal tendcr of the United States, the Principul Amount together K•ith . i
interest at thp Interest Rate on the unpaid balance of the Principal Amount.
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'I'he sums due and owinR hereunder shnll be payable during the Amortization Period in equal monthly instaiments, ~
each in the nmount ot the Instalment Payment, the [irst sttch Instalment Payment to be mnde on the First Instalinent
Payment Datp and suhsequent ?nstalment Payments on the [irst day of eacf~ manth t~ereafter until the I~laturity Date
- ~ wheteupon the entire unpaid balance of principal nnd interest accreied nnd unpaid thereon shall become due and pay-
able; each such instalmenf r~~hen puid shall be npplied first to the payment of intemst on the unpaid balance at the In- ~
' terest Rate and the re.nain~-~er thereof to a ment on account ut - ~
p Y principal. _ ~
If any Instalment Payment shall not be paid when due, then the entire principal. sum ancl aceried interest here- ~
tmder shall become due and payahls at once or therr.after, at thp option oi the holder of this Note. The Pavee may, at - ~
~ its option, col~ect n late charge not to eaceed two cenis far each one dollar of each Instalment P~yment not paid when ~
due to reimburse the P~yee tor Expenses of servicing delinquent Instalment Payments. Failure to exereise thesc options ~
- shall not canstitute a«•aiver of the right 2o exercise the same i:: +.ha event of any suhvequent default. ~
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It is further agreed that the Diaker and each endorser, surety, guarsntor, jointly and se~~erally, shall pay all costs of ~ 3
c~Uection nf this Note, including a reasonable attoniey's f2e. on failure to pay any Instalment Payment or pny nccrued ~
:nierest due hereunder on the due date thereo[. 'l~his Note and all sums due hereunder shall bear interest at !he highest t
_ lawfeil rate of interest per annum in the State of Florida from the dat~ when the principal and acr_rued interest under . -
~ this Note shall be due and ~ayable_ Th~ totnl interest payuble hereunder shall not in any one year exceed the highest _ ~
lawtul rate of interest in t~e St~~te of Florda. ~ ~ -
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This Note is secuted by a NYortgage, dated the date hereof, of property situated in the iltate of Fiorida. ~
- The 11'Iaker agrees that it shalt be bound by any agreement extending the time or modifying the above terms of ~
• payment, made by the Payae and the owner or owners of the pr~perty afiected by said bio*fgage, whether with or with- ~
. out notire to the blaker, and the 114aker stiali coniinue liable to pay the amoun± due hereunder, but with interest at a - ~
rate no greater than the Interest Rate, accordin~ to the teims of any such agreement of extension or modification_ -
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_ The unpaid balance Qf the Yrincipal Amount, plus acrrued interest shall become due and payable at the option of ~ '
the Payee under the happening of an event by which said balance snall or may become due and payable under the terms '
. of said 144ortgage. -
_ This Note may not be changed orally, but only ~y an agreement in writing, signed by the party against whom en-
~ forcerr,ent of any waiver, change, modificatibn or discharge is sought. ~
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All parties to this I~'ote, whether Maker, principal, surety, guarantor or endorser, hereby w-aive presentment tor
~ payment, demand, prote~t, notice of protest, and notice of d~shonor, anc~ expressly agree joi~tly and severally to re;nain -
and continue bound for the payment of the principal and interest pro~~ded for by the terms of this Note, notwit~isianding ~
any extension or extensions of thE time of, or for the payment of said principal or interest,` or any change ar changes in s
the amount or amounts agree~ to be paid under or by virtue of the obligation to ~ay provided for in thia Note, or any - `
change or changes by way of release or surrender or substitution of any real pmperty and coilateral. or either, held as i
~ security for this Note, and tiraice all ar~d every kind ot natice of such extension or estensions, change or changes, and
~ agree that the same ma~r be made without the joinder of the Itiiaker. _
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- - /s/ Evangeline Sagy _
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~ $~o~ ~39 ~04
` - t~.'':M 323 - Fr~t~7ifi~ bl FT~t~t ~ ~ ~ ~
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