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Home My WebLink About2339 . ~ f'Iq/~RfiF1JT 1 ~ ' . ~ ~ . ~L. MORTGA(~E h10TE ~ ~ Principal Amount:, $~,Q s OOO. ~0 Dnte of Note: j+~~~ 2j ~ j9?j ~ ~ Mnturity Date: 1 y~ar ~ ' Interest Rate: 9 ~ - ~ Amortization Period: From the day hereof to the Mnturity Date. ~ ~ Instalment Pnyment: - , ` ~ " $ First Instnlment Ppyment Date: $10 ~ ~OO. DO plua -interest 3ue May 23 ~ 1976 . FOR V~LUE RECEIVF.D, the undersigned and if more than one, }ointl~~ und severally (the \laker), does hereh~~ co~•enant and promise to pay to the order of Sun I~ank of St. Lucie County or to its successors or assigns (collectively the - Yayee), nt its principal ofiice at 111 Orange A~•e., Fort Pierce, Flu. ar at such other place ns the Payee may designate to the \iaker-in ~~•riting from time ~o time, in legai tender of the United Stntes, the Principal Amount together with interest at the Interest Rate on the unpaid balance of the Principal Amount. The sums due and owin~ hereunder shall be payable during the Amortization Period in equal monthly instalments, each in the umount of the Instalment Pnyment, the first such Instalment Payment to be m~tde on the First Instalment ~ ~Payment Da`te und subsequent Instalment Payments on the tirat day ot each month thereafter until the 11Taturity Date H~hereupon the entire unpaed balance~of priqcipAl ~nd interest accrued and unpaid thereon shall become due and pay nble; each such instalment w~hen paid shall be applied tirst to the payment of interest on the unpaid balance at the In- terest Rnte and the remainder thereof to payment on account of principal: ~ - . . - - - - , If any Insialment Payment shall not be paid when due, then the entire principal sum and accrued interest here- ; under shall become due and payable at ance or thereafter, af the option ot the holder of this Note. The Payee may, at } - its option, collect a late charge not to exceed two cents for each one dollar of each Instalment Payment not paid ivhen due to reimburse the P~yee for expenses of serviring delinquent Instalment Payments. Failure to exercise these options - - shall not constitute a waiver of the rig}it to exemise the same in the event of any subsequent default. . - It is further agreed th~t the 111aker and aach endorser. surety, guamntor, jointly and severally, shn~i pay all costs of collection of this I~'ote, including a reasonable attorney's fee, on failure to pay any Instalment Payment or any acez~~~ = interest due hereunder on the due date thereof. 'fhis Note and all sums due hereunder shall bear interest at the highest - ~ lawful rate of interest per annum in the State of Florida from the date when the principal 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 _ lawful rate of interest in the State of Florida. ~ " ' k. This Note is secured by a D4ortgage, dated the date hereof, of property situated in the State of ~lorida. The 111aker agrees that it shall be bound by any agreement extending the time or mod"efying fhe above terms of - payment, made by the Payee and the owner or owners of the property a[fected by said tviortgage, whether with or wzth- out notice to the biaker, 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 tetms of any such agreement of extension or modification. ' - The unpaid balance of the Principal Amount, plas accrued interest shall become due and payable at the option of . the Payee under the happening of an event by which said baiance shall or may become due and payable under the terms ' of said Rlortgage. _ ' _ - - This Note may not be changed orally, but only by an agreement in writing, signed by the party against whom en- forcement of any waiver, change, modification or discharge is sought. _ _ -;i All parties to this Note, whether btaker, principaI, surefy, guarantor or endorser, hereby waive presentment for payment, demand, protest, notice o: protest, and notice of dishonor, and expressly agree joinUy and severally to remain and continue bound for the payment of the principal and interest prm•ided for by ihe terms ot this Note, ;~otwithstanding any extension or extensions of the time of, or for the payment of said princi~al or interest, or any change or changes in the_amount or amoui~ts agreeci to be paid under or by virtue of th2 obligat:on to pay provided for in this Note, or any change or changes by- way of release or surrepder or substitution of any real pmperty and collateral, or either, held as ~ - security for this Note, and Haice all and every kind of notice of such extension or extensions, change or changes, and : agree that ihe same may be made r~ithout_ the joinder of the Aiaker_ - . ~ C 319 NOZth Fottl~th StrLet~ B~'iCKiTB- Et3TERPRISI~,S~ INC. ` i - - Fort Pierce, Florida 33450 - ~ - t ~ - ~ . ~ 4 _ _ /s/ Frederick B. 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