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Home My WebLink About1046 . ~PFR~I~HFVi1 MORTGAGE NOTE . ~ . Principal Amount: S4 ~ QO~, Date af Note: M$Y 9 ~ 1~7r.~ 111aturity Date: OrtQ Y~2l7C ` Interest Rnie: 9 g Amortiztition Period: From the day hereof to the T'Inturity Dnte. _ Instalnent P~yment: ti$q ~ 000. 00 plus ~Itte]Cest due M~y g~ 1976 ~ 4 First Inst~~lment Payment Dnte: $ 4~ 000. 00 p1US intare~t due May ~ ~ 19Z'~ ; - F. 4 - ' FOR V~I,UF. RECF.IVF.I), the unde~igneci nnd if more than one, jointl~• and se~•erull~ (the \taker)~ does hereby co~•ennnt R~d promise to pay to the onier of Sun I3ank of St. I.ucie Cow~ty or to its successots or assigns (collecti~ely the • ° Ya~•ee), at its principal office at 111 Orange r1~•e., Fort Pierce, Fla, or at auch other plaee us the Puye2 may designate t to the liaker in ~sriting from time to time, in legul tender of the United Stutes, the Principal rlmount together ~~ith - interesi at the Interest Rate on the unpaid balance of the Ptincipal Amount. ~ ~ The sums due and owing hereunder shnll be pnyable during the Amortizxtion Pe equal monthly instalment9, ; each in the amount of the Instz~lment Payment, the first such Instalment Payment to de on the First Inst~lment Payment Date and subsequent Instalment Payments on the [irst day of each month lher [ter until the I11~turity Date H•hereupon the entire unpaid balance ot principal and interest necrued and unpaid thereon shall become due nnd p:iy- ' ~ble; each such instalment r~hen paid shnll ~e Applied tir3t to the puyment of interest on the unp~id balnnce at the In- ; + terest Rate nnd the remainder ther~of to payment on account of principt~i. s If finy Instalment Payment ~hall not be paid when due, then the entire principal sum and accrued intemst here• ; under shall become due and payable at once or thereafter, at the optian of the holder of this Note. The P~yee may, at its option, collect a late r}u~rge not to exceed two cents for each one dollar of each Instaiment Payment not paid w~hen ~ ~ due to reimburse the Pavee for expenses of servicing delinquent Instalment Pnyments. Failure to exercise these options - ; , ~ shall not constitute a wai~er of the right to exemise the same in the event ~f any subsequent default. ~ - : - ' ' - It is further ~greed th~t the Maker anc~ pa~h endorser, surety, guarantor. jointly nnd se~•er~lly, shnl: pay all costs of collection of this Note, including a re~sonable attorney's tee, on failure to pay any Instalment Payment or any accrued . : interest due hereunder on the due date thereof. This Note and all sums due };areunder shall bear interest at the highes! ~ lawful rate of interest per annum in the Stste of Florida from the date w~hen the principal and accrued interest under - - ~ this Note shall be due and payable. The Eotal in~erest payabte hereunder shall not in any one year exceed the highest lawful rate of interest in the State of Florida. ' This Note is secured by a Mortgage, dated the date hereot, of property situated in the State of Florida. - ~ The biaker agrees that it shali be bound by any agreement extending the time or modifying tha above terms of - payment, made by the Payee and the ow~ner or o«ners of the property aUected by said Mortgage. whether K•ith or wzth- out notice 4o the Diaker, and the h'Iaker shall continue tiable to pay the amount due hereunder, but with interest at a rate no greates than the Interest Rate, accordinR to t}~e terms of any such agreement of extension or modificntion. E The unpaid b.-~lance of the Principa! Amount, plus acrrei~3 interest shall become due and payable at the option ot - the Payee under the happening of an'event by which said balance shall Qr may become due and payable under the terms _ _ of said Riortgage. _ ~ ~ ~ - - ; This Note may not be changed oralty, but only by an agreement in writing, signed by the party against whom en- . forcement of any waiver, change, modifiration or discharge is sought. ~ " All parties to this ;Vote, «•hether 111aker, principal, surety, guaranto* or endorser, hereby waive presentment for payment, demand, protest, notice of ~~rotest, and notice of dishonor, and exprecsly agree joinfly and se~•etally tu remain and continue bound for the payment of the principal and intemst pmvided Eor by the terms of this Note, notwithst~~?nding - any extension or extensiens of the time of, or for the paym2nt of said principal or interest, or any change or changes in _ ; _ - the amount or amounts agreed to b~ paid under or by ~~irtue of the obligation to pay provided for in this Note, or any ~ change or changes by way of release or surrender or substitution of any real property and collateraf, or either, held as i security for this Note, and H-aive all and every kind of notice oi such extension of extensions, change or changes, and ~ " agree fhat the same may be ~nade c~•i(hout the joinder of the Maker. _ ' - ' Z~~S Okeechobee Road . a - Fort Pierce_, plorida 334~J - ~ _ . ~ _ - - - ~ ~ ~ /s/ Ralph L. Griner ~ - _ ~ . . - ~ - - . - ~ - ~ ~ /s/ Avanell M. Griner - ~ ~ _ ~ • , . z . _ ~ RO'~JK ~Jc`7 PAGf ~U 'S ~ - ~ . = . F::n! ).'d - r:I~IS-~ ~7 c{it . . . ~ ~ ~ p t -