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HomeMy WebLinkAbout1192 "'011 VALl~ Hr.<'1uVF..U. Hw undcraifll.l"d pr'-'mt~...(.) to l}!\Y to 0, ... 9~:{ f)27 10 BOUTH~8Tt.:R1, MORTOAGE CO!.[pANY ':>T. ll'elf CrJ',"'" r! .1\ co/porataon t.rKIUlIU".t Ilrl;r'{l~iil\lhk-\llder tht'llAWlof tho l:l t.fI t~ of florldR , or oNt'r, the pnndI'Alll.:m of ra ne tllOu8ond r 1. ve hundred hnd i:O/~?O~, , U,lllULnl ($ 9. ?OO.. 00 ). "'-Ith inlt'/ItJlt tl\)O\ dalt' at the ra~ uf 11 vet.. ",1'..1'60-1 OlU' the ~r cenlulll ( 5- J/'+ ~~) per AonlLtllyn the lln~'<\ld halancc until paid. Thl'l u!d prlncip,al and \nter~.1Ih&.111oe paYftble al tht' om~~ of 8outheaet6rn }(O:,tbllbO Co:n:)().f\Y. 1J40 W06t FlHglor Btroct, in Hlll!nl, Florida . or at &\Jc:-h other pLIl~e M the holder mAY tlt'sigllAle in wntinfC. In monthly InilWlm~nt.'\ of Fl r ty o.nd 64/100 l.lollarl ($ 50. ~4 ). ('ommt'n('ini on the 11ftt dAY of ,Tu 1y 1961 . And ~'n the flrlll day of t'l\Ch mOllth tht'p"- Ilfter untt! the l.rinCIj..a.J and intn\'4l are lully ~>tUJ, u(,t'pt thal the flnall'ayment of tht> ~!)tlh' IIHlehth.inf'M (,vldt'IlU",1 ~1l'rdJ)', if /lot &OOHt'r paid, aha!ll~ due I\!H\ pAYl\hlt' 011 th~ fif!lt f1i\Y 1)( June ,~ 2001. If ddault I~ mlM.ie in th(> IlAymi'nt (If All)' ln3tAllml'nt un.!.'/ thi~ Hoh'. illld If I!urh ddlU,Ljt i8 not Illade g......i prior l~' th!' dllf' dRt(' (If tilt' ne:;;l such 111!\t.'l.IIIl1l'nt, thr enllr;> ~'rt/l('lpal ~lllll and ACt'PIt'(\ inll'ft'J\lllhll.i1 l\t onct> I~OIlH' dUI' I\ml pJ\)'ll.bll' ....ith,.lIt l....tlC" at tht:' option of tllt' hohlt'r of thi!! nolI'. Fallun' t.. .>lu'n'IIk" thus opt!orl shllll nol nllllltitut.. R Will\"r of r.hi' right tn 1'l;,t'H'ilW ttw p,aJ1W III tlH' eH'!;t ot allY 1\ul,;,"qul'nt d..fault In till' t'" enl (,t ddi\ult III tht' pt\)'llJl'nl of thHI not(., and If Ow Aam{' III l'I,lle-o.:tl,.j b)' tln attornt')' III lAw, tilt' tllllll'IMgllet! hl,ft'l.)' Hgrn'(Il) tv I>A)' I\ll <:.),~t.8 of <ulftodlon. includIng R i"t>&J\onAblt< aU'IfIlt'Y'l\ t~. l'n'M'lltmfnl. prut{,8t. and n(Jtil'(' f\fl' h('fch)' wahhl. (~./. jO 5~:t t '..! Dac ~_l.:.cr: :n:'lJ" ~ t 'i.;:1~)O n!: ~X~)d. t..) 0:'1. ~i~1,..1 :iote H:-.d c '-1 : ~ i_~ ',- 11 e -~. ) ,0/ Vhfl B'.1nm S;:.lth \' R..!~l i.~ 1.1.r' C;1 ~j_-: 1 tIl- ., 1) t :"\0 1. . 8/ EL.el EtLol Lut' ~::11 t!i 1~3 (\ U') 1. ttl (.:>u~.l ) And ~hR.lI dill,., promptly. and fully I...'rfonn. di~hi\r!{." .'l('~'lll,-'. dI....:t. c..ml'li'tt,. and cOlllply "'Ith llnd A,bid.' by t'&rt. and ('\"[\, th.' ;,lll.lIbllOll:-., a,:n"i'IIl"lllll, (lindi(lllll!l, hlld Covl'llftnL'I ,,! ~J\ld pr')flll1'-'l"ry link !lJ1I1 u( thiK lllOrl!{ii!{I'. th"ll thl" Iflortj.{il.){., alld th., l'"t<ih- lwrd,)' '.rl,lllt....! I\hHlI (l ',it" t' and iw null and vOId And thl' mortgll~or furtht'f ('0\ "'llInl;; 1\." f"II,'WIi: I, That h!' will 1',11' th.. illd..!.tt'(llil~~, it.", hnrild,,'fO/t, pru\'j(kJ, I'riviJ.'j{., il'l r":ln',,'d to pay the tI.'}.t In .... holt" (lr !II an i\mount . qual III Ollt' "I' Inl,l.' Illonthh' P,I)'llH'liL... un tll., I'rlflllj'iil thut arl' nt'>;l <lu.. "11 lb.> Ilolt'. on th.' flr8t <1.1\' of any 1I1IJlith pnor t.. lliaturlty: 1'1,1\ IIkd. hD\\ t'\t'r. thut wntlt'n n..t!.'.,' of an 1ll1"IILo!l to t'\l'r,lll.. ~lldl I'ri\ iI. ;(.' 1.'\ ~IV"1l lit "',,_.'It thirty 1~\V) (\,\)'.. prior to pll'l'il) lll.'lit; filld, I'f\l\'ld,'d furtiH'r, tltnt in th,' I.v..nt th., <<Id.t i:-l I':.;d Iii ful1l'rl"r to nut'llltv Hlld III that t:flH' II i.. Hl~ll/t'd ulidt'r tht, I'r\l\'I~I""~ of th.' Natl..nlllllpu"ln~ Art. hI' ",tlll\i\',' to tl:., lllllrtj(il)\"t' llli fll\jll~t...l l'fl'm I I III I ('h!H~p I,f olll! p~'r "'Blum (I';} of Hw orJl(i!ial prJntlpal amounl thrn~.f. I'XO'pt that In no o-\.'nt phnli tIll' !\d)lJ~k<i !'ft'llllum "\11.'1'<\ tilt' '1j{!oCf1'jiat., alllount (If 1'll'rll!lJITl chf\r)o(t.;; "llld! wpultl h,nt' 1""'11 p;\!,llid,' if nIP /lIort, KiI/{.' had IllfltlnU'''! to I",. 1I1~\lfl'ij untIl IllillUrity: t\ildl !J.:\\'mt'nt to I.., flppllt'.i t.v tilt' m"rtKa~.,., UpOIl it.~ nblil{atluli tn til" j-,',,\.'ral ll"lL~lllj( ('llnHll!~'11(l11"r on !\('(nun! .,f Illllrt~Hv..' ll',!\UrHnri', ~, Thllt. III nrdpr mor.' flllly to prdl"i"t tilt' ~,"'-uri(v .,f thl'l m"rtf[Ilj(I', th., IlwrtKaR"r, tllj,(..tLn '''dth. knd III addit'on to. thf' mOllthly' l'"ynll'nL'i lInd.'r tilt' h'nl1~ of lh,' I!pr." ".,'UI t...\ twr,'lJY, (JIl tlll' lir:>t Iby o( ....('h morlth until thl' !'.illd I\nt., 1'\ flllh. paid, "lIi pay t., tIll' 1Il'l/tfCilj'{i"t' Ull' foll>Jwl!lS{ !!U/ll~: (11) If tlll!! lI;ortl;:'I),{" and th., l'oald !lUtl' ~'\:tll...1 IIt'r,b)' ilf" 1IIiHIl't'(llInd,'r th!' prll"l1'-l"ll" of !tH' ~~ati"li,d !IU\I;;IIlj;f Act ill,d "'! 11111)( lLi lh,')' ,'unt!nli" tll 1'(. "'/0 IJi;;'.H'''l, on.',l\..dfth (I,.') uf tIlt' alllHli<J nwrt;.:ajo(',' 1Il,,11l,"11l' l'("lillll!ll fll' th,' I":f!~':'o" 'If I'!ltllrl~ th.' ni"rt~:ill(l'" III LIIHb \\ 1111 \\ lilrll III dl'\. di!1fj.{t' th.. It.all! IlIOr!f<l){......." 1,!oI11,illlP/I t/o lh., F,'~h'l;d 1I01J!\1I1j{ ('"mllll"'''IO!l''( hr lllortj.(i\l{t' lli"lf.lnCt. ~.r. llilUlllg plll1\lJi\nt t.) thl' Rpplirllhll' l'I"vi"iull'l of th., S'i\tional I(,;u~inli Ad. 1\~ "nwnd.,!, nnd l~q~\I. h! ll)n~ thl'I"lIlidl'r; th.- iii 0 I tx"KI'I' "li;t!l. ('Ii till' tl'flllllliilH,n IIf It... Oh!lj{i\t,"!l t" l';ly' lI\'Jft~i1l\' lJ.'(ur. ,11:1'(' pr.'fIlltlln~, 1'1I'.!lt tll till' anl/llI.t ..f lilt' 'l1"rt~;lv"r ;.11 j'il\ l/l"nt~ III.1d., 1l!l,J.'r till' I',..... 1'1"11', .,f !lit-; '(,d''1h,IIOJi .. hlCh tli., l!IIlrtK<li<:"~ llil,~ Ill,t I~"""()"H' uhh~;~tld t... 1'.1/ t.,! tl... ('\d"I,11 II"" ,lliK l'''lli/lil~' ~: lUflt'r i ,.) ,\ I\llrrl ",pla] tll tL" K(f),u:d rd't~, If :Iny, I.. -.:t ,!u", 1'1\1'1 tilt' P"!Illlllll1i tlLlt v..'lil !l.d 1....<:,,1110- dll" ,If.d :,,\\',.1>1.' "".1..,111'1<.... of /11'" III;d .,th.'r hai.lld ill,;ural!(" rl)\"rlJl~ til" 1l1"1 (,~illtl'<II'I"I~'rt:.., "i\l,.. t.1\."~ ,mol ilU""""lli'nt" Ii">;t <ill" Oil lh.' lIi.,r!)(il;.','d I'r"I~'rly (illl fL" .'~,tl!l1.lt,'d Lv tL., In", t~.\r"'1 ).-",.. all 1\1Irr;." aln'nd) I'a:d thl'r"(lIr dIVi,j,.d I,)' lh., 11l1lnl,,'1 ,of rll'.llth" (,) ";iq,~. 1"(01'" "II" rlJIII.t!J prllll t.. th., dn.!t- Yt lll'jl R'ldi v.riJulld r"IlL'\, p.-rllIUIlU\, Unl..., ilnd n,~,"I'~'.lll\'ilt~ \\ rIlL,'!'"n:.' ddlnq!lllll, !',orh kUIII.~ t.. I..., Ill'ld by nJOrtl{IIj!.'t' III lr!i',l to pH)' it/wi !{rllulld I"IIL'. 1'[l,'IIiIUIllI\. liP"~, /{lio! !'\1""'lal ;h."',''''iJ;, rrl!'nl.~, ((') All \lll',lll"IiI~ ilH'nll(,fll,d In nil' two pr"("!lnil ~'!h:"'('tl('lli\ "f thl'" p"r;l~rapt, ilnd all l.a.... nll'nl,; t.. Ii.., rrH\dl' unllt'f till' note I\H'\Iro,d );,'rd.\' sholl1 h., ndd,'d t"l{,'lf,'r ,wd th., HlI'KP'j(Jlt., amount t'Ln. OJf l'hlill hI.' 1';\111 hy UIt' Illl;rtl{ilf[..r t';\c!t I;i"nth III il I\ln~'" l>:iyTII\'nt to I.., f11'\,lwd toy titl' Ill!)rt. i{il;{',,' It; till; fl,Il",...IIi~ It"llllI In th,' "I-d..r p.d f..nh: l. pn.rnililll rhar){t'l! Ilndf'r H,l' (nl;\r;"t of In""Ir:;.,r" WIth lhl' h,I"ri~1 1l()\J~lnR ('om. Tlil!\..'lI"'If!r; iL j.Croulld n'ntJ4.. tA'(,.,~, IL<....wA~nWlil};. 111'''. find ..t/wr n;\l!ird iIL'\'lfil!:(,' 1,rdn:ull1l'l; !II, Intpr.'.'\t on 0.... not" ~p(,;Jr,'d It"",!.y: and IV, iHflOI tilalll'll or tL;: j!f1llcipili of ailid n"l,' An..' dd'lI'i"l1cV Hi till' amount of JIi\l,h "lorr")lat., mClr.lllh 1'1l..tr,,'nt !lILli!, unl.-.... rn,,-I., ;t.,,"i by th., mortK~or prior tt') th.' d11" <ii'll. of \i!I' fl.'-.:l i\lJ('h p1\VnWlil, ..on~tltlllt' Illl ;-\'''I,l flf ddll'J\l IHid"r tlliq Illort- Si'\\~t', Tilt' mort~Ulgt'" may l'fllIl"t"l a "Iii\!' Chiiri("oI n,.t to "HI'i'd I WI, ....'rit" ('l~ i fllr .'arh dollar ($1) of f'a('h pIlY"li'nt motf' thli.l1 lifto-"ll (I:)) da)':\ In IHr.'arl'l to (0\('1' tI\I' t.-.trll t'\I"'I,-'''' 111\01\...1 III hiHldllllj.( dl'IIIHjlll'r.t p1\ynwnta, 3 ThAt if till' tobl! o( lhl' pt\yrn"Ilt.~ riiad., h)' tht'TT1urt)(i1.I('lrllii.'lt'r (l,)..f parit.Ii,;"ph:! pr"~".\lli.~ ~:'iill "'H',"',! tilt.' a.mll!J!!t fJ! p;~;.n1i'llt~ w"llillly 1111'1<1.' bv tIit' rnort~i\I(O:I'.I"r ifroulId rt'lit.~. lil't',~ Iii:.! H..~~,,-,'"Hllts sn<l Jii~liran('f' PTt'flllll1ll8, 11," tt;., Ca.'k milY I.." 3u.-h ("\(I'I'!'., lihalll,,; crl~lit.,d it\' thl' Inr!rlllil;':"" f)II1i\lI,~l1Ju,,'nt p.,.yrntnlA to I", rna.11' b)' Oil I11flrlij'ii5'Jr, If, how(-\f-r, t},.. fJlonttdy PilJI/i.,:L'i lIiild" by the rnnrtj.{llgor