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Home My WebLink About2166 iPERM~vE~~l~ _ - i ~ t MORTGACE NOTE ~ . ; . ; Ptincipll Amaint: Z i U O u. U O I)nte of Note: MSy z 4~ 13 7 5 - _ . : _ hi~turity D~te: S~X Y~ars a ~ 'y ~ Intereat Rate: 98 ~ 5 " i Amortization Period: From the dny hereof to the hinturity Date. ? _ . Instc~lment Pnymenl: { $2,000.00 plus intezeat per year heyinning ~ ~ First Instalment Pnymer! Date: OII JUllE 1~ 1971i . . a ~ - _ _ ~ - _ f ~ - - ~ ~ FOR \'aLL?E RECEIVF.D, the undersigned and if mure than one, jointly and se~~erallg (the \taker), does hereby - _ - - co~~ennnt and promise to puy to the o?-der of Sun I3ank of St. I.ucie County or to its suceessors or assigns (collecti~•ely the ~ Yayee), at its principnl office at 111 Orange r1~e., Fort Pierce, Fla. or at such other place ns the Payee may d~signute j to the ,liaker in ~~•riting from time to time, in legul tender of the United Stntes, the Yrincipal Amount together ~~~ith ~ interest at the Interest Rate on the unpaid bulance of the Principal Amount. ~ ~ , - x The sums due and owinR hereunder shall be Nnyable during the Amortization Period in equAl monthly instnlments, ~ each in the amount of the Instllmen! Payment, the first such Instzimant Payment to be made on the First Instalment - ~ Payment llate and subsequent Instnlment Pnyments on the first day of each month therea[ter until the Maturity Date ~ whereupon the entire unE~aid bal~nce o[ priqcipal and intereat accrued and unpaid thereon shall tiecome due nnd pay- ~ 3 able; each such instalment when paid shall be applied tirst to the payment of interest on the unpaid balance at the In- ~ terest R1te and the remainder thereof to payment on account o[ principal. . ~ _ ~ If any Insialment P~yment shall not be paid when due, then the entire principal sum and accrued interest here- ~ ~ E under shall become due and ~>ayable at once`or thereafter, at the option of the holder of this Note. The Pnyee may. at ; its option, collect a late churge not to exceed two cents for each one dollar of each Instalment Payment not paid when ~ 3 due to reimburse the Payee for expenses of servicing delinquent Instalment Payments. Failure to exercise these options ~ shalt not constitute a waiver of the right to exercise lhe sarrie in the event of any subsequent default. . , . _ ~ It is further ~greed thAt the h~Iaker an~3 eacn endorser. surety, guarantor, jointly and se~•eraily, shall pay aU cosfs of " : collection of this Note, including a reasonable attorney's fee, on failure to pay any Instalment Payment or any accruecl ' interest due hereunder on the due date thereof. This Note and ail sums due hereunder shall bear interest at the highest i lawful rate of interest per annum in the State of Florida froni the date when the pri~cipal and accrued interest under ~ this Note shall be due and payable. The total interest payable hereunder shall not in any one year exceed the highest ; lawfal rate of interest in the State of Florida. ' ; . ~ ~ s This i~TOte is secured by a Alortgage, dated the date hereof, of property situated in the St~te of Florida. - ~ _ The 1liaker agrees that it shall be bound by any agreement extending the time or modifying the above terms of . ~ ~~ayment, made by the Payee and the owner or ow~r?ers of [he_ property af[ected by said Mortgage, whether with or with- ~ ; out notice to the 114aker, and the 111aker 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 oi any such agreement of extension or . modification. ~ _ - - ~ _ ~ ; The unpaid batance of the Principal Amount, plus accrued interest shall become due and payable at the option of ~ ihe Pa ee under the ha ~enin o[ an event b which said halance shall or ma become due and ~ Y PI g y y payable under the terms _ ~of said \4ortgage. _ . ° ~ ~ This Note may nof be changed orally, but only by an agreement in writing, signed by the party against whom en- ~ forcement of nny waiver, change, modification or discharge is sought. - ~ _ ; All parties to this Note, whether Ataker, principal, surety, guarantor or endarser, hereby waive presentment for payment, demand, protest, notice of protest, and notice of dishunor, and expressly agree jointly and severaUy to rerreain - and continue '>ound for !he payment oE the principal and interest pro~~icted tor by the terms of this Note, notwithstanding , : any extension 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 paid under or by vi: tue ot the obligation tc? pay provided ror in this Note, or any Y c~ange or changes hy way of release or surrender or substitution of any real property and collaferal, or either, held as ' ~ security for this Note, and w-ai~~e all and every kind of notice of such extens:on or extensions, change or .changes, and ~ agreP that the same may be made K•ithout the joinder of the Maker_ ~ - ~ E A3dress : Route -2, Aox ll 5S - ~ For~ Pieica, Florida 33~lSO ~ ~ _ ~ ~ . - - ~ ~ /s/ Art Gust Russakis ~ ~ - - ~ _ g ~ • /s/ Helen Christ Russakis ~ . - ~ ~ - - _ - ~ ~ . _ ~ _ ~ - ~ a~~~23~ FA~E~1fii - _ ~ - - ~ r:.~r 3~: _ i ss.ts, ar s:~.n ~ ' ' - ~ i