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Home My WebLink About1844 ~PERM~HEN71 . ~ MORTGAGC NOTE - ~ ; Principnl Amount: $a + QpO. 00 Date ot Note: -~~Y 16 ~ 1975 A4nturity Dnte: F1VN YEt~YB ' . ~ Interest Rnte: - 9~ ~ ~ t ' j , Amortizntion Period_ From the day hereof to the Maturity Date. ~ . InstAlment Pnyment: ~ 8 04 ~ . Jul 10, 1475 # First Instalment Ynyment Date: y ~ i . : ` ' FOR Y~I.UE RECF.IVED, the undersigneci and if more than one, jointly nnd se~•erully (the lfaker), does hereby, co~~ennnt and promise to pa} to the order of Sun BAnk of St. l.ucie County or to its successors or assigns (coll_etively the ; Ya~ee), at its principal office ut 111 Orange A~•e.. Fort Pierce, Fla. or at such other place ns the Payee may designate - to the :1laker in «•riting from time to time, in legal tender of the United Stutes, the Yrincipal ~mount together ~~•ith , interest t~t the Interest Rate on the unpaid balance of the Principal Amount. - ~ • ~ ; The sums due and owin~ hereunder shall be puyable during the Amortization Period in equal monthly instalment3, each in the amount of the Tnstnlment Puyment, the First such Instalment Payment to be mude on the First Instalment Payment Date and subsequent Instalment Payments on the first day of each month thereAtter until the Nlaturity Date i . whereupon the entire unpaid balnnce of prir~cipal and interest accrued ~nd unpaid thereon shalt become due and pay- ~ able; Fach such instalment w~hen paid shall be applied first to the payment of interest on the unpaid balance i~t the In- ~ terest Rnte and the remAinder thereof to paymeni ~n account of principaL , . 3 ~ - . ' ~ ' - ~ If any Instalment Payment sha? not be paid when dua, then the entire _ principul sum and accrued interest here- undei shall become due and paynble t~t once or thereafte*, at the option of the holder of this Note. The Payee may, at = its o tion, collect a late char e not to exceed two cents for each one dollar of each Tnstalment Pa ment not ~ P 8 y paid when ~ due to reimhurse the Payee for expenses of servicing delinquent Instalment Payments. Failure lo exercise the~ options ` shall not constitute a waiver of the righl to exercise the same in the event of any subsequent defautt. ; ' - It is further agreed that the Maker and each endorser, surety, guarantor, jointly and severally, shall pay ail costs of ? collection of this Note, including a reasonable attorney's fee, on failure to p1y any Instalment Payment or any accruec; z interest due hereunder on the due date thpreof. This Note and all sums due hereunder shall bear interest at the highest v la~ti•ful rate of interest per annum in the State of Florida from the date when the principal and accrued interest under ; _ this Note shnll be due and payable_ The total interest payable hereunder shall not in any one year exceeti the highest ; lawful rate of interest in the State of Florida. ~ ~ Thu Note is secu*ed by a rtortgage, dated the date hereof, of property situated in the State of Florida. ~ - ~ The riaker 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 o:.;,c.~ vf the property affected by said Mortgage, whether with or wzth- out notice to the 11'Iaker, and the ~iaker shall continue liable to pay the amounf due hereunder, but with interest at a ~ ' rate no greater than the Interest Rate, according tfl the terms of any such agreement _of extension or modification. 1 ~ - ~ ~ : The unpaid balance of the Principal Amount, plus acctued interest sha7l become due and payable at the option of ± the Payee under the happening of an event b} which said balance shall or may become due and payable imder the terms ~ . of said 11Tortgage. _ ~ - - ; . 3 This Note may not be changed orally, but only by an agreement in writing, s:gned by the party against w:~om en- ~ forcement of any waiver, change, m~dification or discharge is sought. ~ ~ i - , Al~ parties to this Note, whether D4aker, princi al, suret ~ p y, guarantor or endorser, hereby w•aive presentment for : payment, demand, protest, notice of protest, and notice of dishonor, and exr~ressly agree jointly and severally to remain - and contiruc bound for the ~~aS~ment o[ the principa! and intetrst provided for oy the terms o[ this Note, no~w-ithstanding _ any extension or ex2en5ions of th~ time of, or tor the payment of said principai or interest, ar any change or changes in x the amount or amounis agreed to be paid under or by virtue of the obligation to n~y provided for in this ?~T~te, or any ~ change or changes by :vay of release ur surrender or sutstitution of any real pr_~t,erty and collateral, or either, held as ~ security for this Note, and N•ai~•e all and every kind of notice of such extension or extensions, rhange or changes,- and ~ agree that the same a be made without the joinder of the 114aker. 3 Acidress : 1~t~0 Coral S~re~t - - Fort Pierce, Florida 33450 - ~ . _ ` - ~ ~ _ ~ - /s/ Cecil W. Perkins ~ ~ - - . ~ ~ - - - ~ ~ _ ~ 7 ; /sl Inez G. Perkins - ~ - . ~ i _ f ~ ~ . - ~ . ~ - 8~OK~:V~ ~Jt~~~~~ _ . - _ ~ " r.~r sr: - ~rl.c:rs~ tr ~_.c:s . ' ~ ~ - - ;