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P'oa j''~Y~L~ Iei•~~ivr~i, tl~E~ unda~raig-ne~3 lzroxr-inN(sa t+~ K+ay to
)li1CCAI3~F MCl>Fri'I'Gri4~$ C>Al~'y ~dG.~7. !,!'~~~ f, :'?-'tJT~; ri. ~,
, a c~rparation oc'gan;~zed and existing unrls~r
the laws rnt ~ t~t~ oS ~"lorida , or order, the principal sum of den
Th~uaand tXne liux~.d.r~d ~~ Ot~J'1(~C?® ... _ ~ 1'tcilar-.~ (3 ~.C? ~ 1Q0. ~'+(} 1, with inxerest ir,,rn
date at the rate oi>? ~ j,`y,g ~ thx^~e~ feutr~bi pt~' ;^enturn ( ~ '~~',~ ~1 ~r annum un the unl,aid
balance until paid. `~ said ptdlacipal #uid interest shall be pagab at the office of
I~CC„tUtiHAN Yt~RT~'A.G~ Ct~dPA'Y 9 T_NC .
CC1T'ffi1 G~.ble a ~larici~ , a~° Mt ouch o er place as the holder may designate in
writirsg, In monthly iaa~.lltnenta of F~.it~'`--etl~ht axed ~6/1G~q- .. •- Ihsll~- ($ X8.98 ),
commencing tin the first day oY $OVSmE3er . 19 61 ,and on the first day of each month t'here-
after until the princi~-1 sad interest are fully paid, except that the final payment of t}te entire indebtedness
evidenced hereby, if not se~oner paid, shall i>e due and payable on the first day oa pot~ber , 19 ~1
If default be *nade in the payment of any i.-~ataUm~t under this note, and if sue}~ default is not made
gaol prior to the due date of the next such installment, the entire principal sum and 3sccru~cl interest shall
at once become due end payable withou4', notice at the option of the holder of this ne+te. Failure to exercise
this option shall not canatitute a waiver of the ri$h t to exercise the same in the Anent of any subsequent
default. In the event of default in the payment ai thi.~s mote, and if the same i$ coliecteci by an attorney
at law, thN undersigned hereby agree (e) to pay all cash of coUectiox~, including, a reasonaLle attorney's fee.
Presentment, protest, and notice are hereby waived.
_Fi~.a~, av..Ss,1._.a-.~r.s.~_si~~ler
And shall duly, promptly, and i`uliy perform, discharge, execute, effect, complete, and comply with and
abide by each and every the stipalatio;is, agreements, conditir,na, and covenants of said promissory note
and of this mortgage, then thin m•~rtgage and the estate hereby created shall cease and lie null and void.
And the mortgagor further covenants as follows:
1. 'I"hat he will pay the indeYatt~tlness, as l~ereinlaefore pre,vidYci. Privilege is reserved to pay the
debt in whole, or in an amount equal to one or more monthly pa}-ment~g oil the princilal that are next duo
on the note, on the first day of any month prior to maturity : Provided, however, that written notice of an
intention to exercise such privilege is given at least thi; ty (30) days prier to prepayment ;and, praviclcd
further, that is the event the debt is paid in full prier to maturity and at that. time it is insured under
the provisioria of the National Iiousing Act, he will pay to the mortgagee an adjusted premium charge of
one per centum (1 ~o) of the original principal amount thereof, except that in no event shall the adjusted
premium exceed the aggregate amount of premium charges wl?.ich would have been payable if the mort-
gage had continued to be insured until maturity; such payment to be applied by the mortgagee upon its
obligation to the Federal Housing Commir-sioner or. account of mortgage insurance.
2. That, ir, order more fully to protect the security of this mortgage, the mortgagor, together with,
a-~d in addition to, the monthly payments under the terms of tike note secured hereby, on the first day of
each month until the said note is fully paid, will pay to the mortgagee the following sums:
(a) If t}iia rzortgage and the said note secured hereby are inaure~d ur_dAr the provisions of the
National l-iousing Act and so long as they continue to Yee so insure, one-twelft}1 (! .,) of the ann~.;al
mortgage insurance premium for the purpose of putting the murtgasfee in funds ecitli «•hich to dis-
chartse else said mortgagee's obligation to the j~'ederal l~iousing C~ammiasioner far mort.gapfe insurance
prenaaums pursuant to the applicable provisions of the 1<lational Ho~eeing Act, as art:e7idec., and Reg~-
lotions thereunder; the martpa.gee shall, bn the termin€~tior. of its obligation to pay mortgage in3ur-
ance premiums, credit to the a~.ount of the mortgAgcsr all pa,ynxes^.t<w made ursder the provisionv of this
subsection which the incrtgag~ }ias nr~t Qe~rue a,bli~cated to pay Lo the ~'ECleral Iiausing ~amn:is-
wiOneY.
(b) A sun: c~lual tea the graurid rents, if any, next due, plus the premiu:~s that will next l~corne
clue a.nd payalale on policieR of fare and other hazard insurance covering the moz tgagecl prapc~rty, plus
taxes and assessments next due on the mortgaged property (all as eatima.t.ed by the mortgagee) loss
ell xum.s already paid therefor divided by the nuinber of months to elapse t•~fore one month prior
to the date when, such grouricl rents, premiu:r:s, taxes, and aasesa:nents tie•ill Yxxoir,e d€linquerit, such
aurnR to be held gay mo:~t~'agee in trust to pay said grois:xci rr'rits, prerniu.ms, t,axea, and s;~cit.l sr.~:~ess-
merits.
(c) All pa~inent~i mentioned i?i tl~e txrc~ prec~ling subsectiCaris atf this l;r~rs~gral?h atarl all ,a,ay-
Ynera tr1 :~9 made under the .ri;;te-se~ur her~:by s}xa.ll }ae aided ttage~'.}i,~r anif the a,ggr~gac~ arnc;;ir±t
t}ie.~•f si~ah }:~ d toy tl~e nxortgi~~~r Aaoh month iri a single pay}r?r~ent '~;? ~ ap;~lied by 4}ie: s~~~;~°t-
ffa to ~e #callowirlg i'texxia in the order sAt foss:
t., prnizsm ~.harg sxndex° thA c~3n:ra~~t o3 iri~i:rai-,~e v.•itl°a th.e Fedes°iil I-1caLasir~g t=asp-•
r3 ~ irianer
., .,_-,
i ~M1;'~ ~zi~ ?'~.~exa, `ir'+.`w'h, "~"ta~~:,'z~"~'~~~, i~ai;`r °a~~£i .srr~,r ~,.,-,ci°.A -.~s.. ~.._.. ~. ~:c~.. ,
s?a, ii~i%{?~?''.~t i~F3 ~'..flE} ratgte ~~°u~'~1 ~'ed??°'t?~2~' ~ ~YTYF:
s'~, awa~~ar`~ir.z~taat~ of the ~xri:~.ril of acid nab.
~::x„~* <l£~~~::`f3%~' i~'6 ~ Pii`lc'.flYSt*3s is`"od•'::~'t ~"~'~"~'~' ~~ ;Y1;?r.tlil'f t'°~,}rli'.wi'~ fe'eclG .:;_~~~„~ 1 7~`_t~t~ Sn~ti:x-0 / / ~b".7;
r£so;r`t ar Iss-ior t« :~:A due date ~.f the next such Ise~°~n~:nt, coszal.~t:~te ar e~er~~ s'r~ =.le¢e~s>. ~=~~~a~r t.`r ~ r.;~;rd
~~~. °`i7+~ Yii~t,"'t~'~r; ~'2~~' ~al£%~;t i~ `'late C:°:t~r} race t=:3 ['.A~:~?¢sa '~e'~ a,.-~Als.~4 d `~`) ~itY c~~ .sG3~ i8~ t ~ ~ °=~
h pa;+ent tneat•a that ftfft~, ~f I~ j dsay~ in ar~r^a :~.s ~Ar tlaA ~.x.'t~a Ax~~ni a a~ir.• z~ ~:r~.r;~s~*
diuea p~~nt~.
. t *:'f tl~e metal sat' the pybneza ~*xade b.H c os°" r ..snd~r (~) ot` ~raF ;~gi`r~pt`r ~ pr ~-t~l gtg sl~l
ex the amount oR pay~resits a~;tv,.lly n'aade the mog~; for gt~aaand s°~~ts, x ara~ i~,ss~~~E,ieri
~d inauran pr.:ri~, as thca :;aaA nia.y be, sue ~ shall €.rli`~d by the mortgt~g ,~~: s~Y:a~~E.t
.~.. .' Lis. x~ ' - « f-~r v 4. B n z_w+a~~ m ~ ~'~:, 3 3a xn:3g's ir$a fT`
9i'°~:a~4z~ ax3~3a+e ~~ ?.xitE; isz~~~vH. il; is~n'`~s; a.:.4~ '4.2s~~3`,~ fib.. __. ~. ~ .~i' zY,_, .-.- .~ ..a