HomeMy WebLinkAbout2433--..~ -- - - ~ ~~~ 4 462
e+oa Vaunt ~-mr ~ n pe~omiscta) do pay to S7. LUCIE COUNTY, FIA.
~ lltt~~l. t101~~?• 110,
f ~ - ~ , it corporation orpaai:ed and axistins under
the Lws at State at !'~Oridt-. , eor artier, the pdndpat wm of s].enn
shov~sand (bze g~dr d ii 00 00- -dollars 150.001, with interest from
dwa at the tart at ~ir~ ~ ~~. ~ottrth -pre ea~t~p4e t ~ ~~ ~) lam" ~~ ca the nnpsid
balance nntll paid. ~ add and ~nter'est ahaIl be at the oO1oe of -.
~aAAX It~TGIaE O~f?• DIO.
~, CoFal Gable~s~,~pllOl+ids ~ ;fit-~Y-teaah oth/e~r~pi+ia aw theme h~olwde~r mw- dedpaate i_n
~~~ ~ i~meata.a[ ~~,-ii~ iiW~~~VV- ~If r ~MM~- ti 65.12 )•
cacamencir~ ode the !lrst day of ril ~ .1! . doted as the first dal- ci each manth tbeurs-
siter tmtil the princpal dad interest are i~lb- pad, apt ~ the lfaal p~Y=nent od the antTre inckbtednaa
e~denoed hereby. if not soo®sr paid, shaD be tide and pgabie on the lbrst dal- of l~atcoh . ip 91-
If deiadt be made is the peyment of day inataila~eat tinder this note, and if snch de?anlt is not made
good prior to the tine date of the teeact wct- instaibn•nt, the entire principal stma and aocrned interest shall
sit ma became dw and payable without notice at the o~tb~ of the holder cot this notes Failture to exercise
this option ahaII not coeatitats a waivetr of the ripi-t to eaercLe the same is the event o1 an, aabeequent
decGwtt. Ice a event of defiwlt in tla payment of this n p~ee,, an~d ii the Gains is odlected by an attorney
at Lw, the ua~ hereby agree(s) to pay cell costs of oolleatioa~, iadadina a reasooabie attornq's lee.
Presentment, peetest, and acrid die hat~eblr waived,
And ehaII dulyevprom~, and ~y perform, discharge execute, aSect, complete, and comply writyh and
a~ad ai this mortaaae, tbenetl~is mortaaae tats he~~y crs~tedshall cse and be null dad old.
And the mortgagor inrther covemaata as follows:
1. That he wIII pay the indebtedness. as hareinbeiors provided. Privilege is reserved to pay the
debt in whole, or in an amount equal to one or more monthly payments oa the principal that are nest due
on the note, on the iSrst day of any month prior to maturity : Provided. however, that written notice of an
intention to exercise such privilege is given at least thirty (EO) days prior to pre t ; and, provided
ibtrther, that in the event the debt is paid in i'ull prbr to matnrlty and at that it b insured Hader
the provisions of the National H Act, he wiD pay to the ~a~ee an sdinsted premium charts ad
one per centum (196) of the aorl~porlndpal anwuot thereolnni~u:spt that in no event shaII the adf Hated
premium a:~oeed the Gala vn~t ~ s'a'es which world love been payable ii the more
had oontinned to insured until maturity; stieh payment to be applied by the mortgagee upon its
-tioa to the Fedeni Hooding Coa>zai~adoaee' aq rooouat od mortgage insurance.
2. That, in order more lnlb- to protect the secarity of this mortgage, the mortgagor, together v-Itht
and is addition to, the°monthly b trades the terms of the note secured hereby. on the flrat day o
each month tmtil the said note lap =uny paid, v-ill paT to the u~ortsaass the foliowiny sums
(a) If thL mortgage and the said note scarred hereby are insured Hader the provisions of the
National Housiag Act and so bay as they oontiaue to be so initnred~, oesne-tweli+.'t- (~) of the annual
~~aaid ~~ag~e's~oblisation two t~Fede~ral~HonsinspCa~unission ~ wlt~ which to din-
er for mo insurance
~mi~s pnrsnaanxslt to the appiicabk provisions of the National Hoadng Ant, ss aocu~~aad Regu-
ai (ions theretmder; the mortgagee on the termination of its obligation to paypro inaur-
anw premiums, credit to the accpunt of all ~ t~ ~ undenc t~!Hon~C mm~
arbeectien wisich the atertgag!~;~w ~. ~'~!, ~!'~
y
(b A arm equal to the pt+c~End`renti,'i~ ~i ~a~b tln~.-'pli~!'!Yb pramituhe that will next beoane
Hue a~ ppaayyable on policies of !~` and ~tleer hittard ftiisuri~i: tlei mortgaged Property plus
aD awo~ih~eady paid next dw'omr the mortgaged (ali.eis by the mortgagee less
therefor divided by the atrm~i><ionths to -elapse before one month prior
to the date when such r4ata, and assessments will become delinquent. such
sums to be held by iY~a~~~ .isi bo _ .. teats. premiums, taxes, and special assess-
~~
(e) AII p~aenb mentioned in the two preceding subsections of this paragraph end all paw
meats to be buds Hader the note secured hereby shall be added together dad the Vista amount
tlee3+eoi shall ba paid by the mortgagor each month in a ; p,ytnent ~o .>ls a;~g~l~ec1471fi-e mte~'~
gape to the ialbwiQg itetma is the orders set forth: - ,
.. _ ~ h peesni~ohargee tttide~r rtes contract os ine-pe with. Fadexal ~ou+dn~ C4w-
• ~ ~i. pe+oand rental tsacee, aeserementa, lire, ~: '.b!~#-ti'd; iareazaa~oa-pe~eani~4 f . .
.. - ~.:. ,, , x: _~ ~, iialt~eresi: 4a -the note eeeared her+sitjr: and
- ~. ~q~ of the principal of lard teats. ~ ~ ~ .1- :. ~ - ~ ~ -{
tip dsilciency is the amount of t~ ate maathlq finless made good by the
~o prior to the due data of t#ifi t each ~ t; o4a~t~'+~i~'ttevdnt ~of default owlet this mortr
nx - Tlw mortgagee may oallect }"late charge not to earcesd two omits tSe) for each dollar ti_ l~. od
p4ymeatp~ r.?t hi? ~ . ~: t~ covear the ~ arpe~aae iavotvwl in haaduni
~. Tlut if the t~Otai of the eats trade the xncrtgsg~r under (b); ~ psrs~aph 8 p2~e0elin4' shaII
eaoeed the a8rount of paymen~a~ciatly lae~ie [3 tl~~ mc}g ~cea stir r~lts, taxfla dad aseaesmanta
aifd fatrtirance preniimtas„ as the case lady shall l~ c:ried~~ the ~~ a
to bs made l~ tl~e ate, , t,~r~.- ,tiffs, itltljr payneenfs _
~. • ~ _.
~., a J u:~Sfl~lSc~13 e aj ~ '~ a„~~ - ~: ~-ef ~t ~r ns ~'~..'!~ c:~.+~ r. -.