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ib~~ 29 ' m.t 1.50
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)'0Il V AUJIi Rk~vm. tho u~A""'{U~~.
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tnJ~M pTGI.GE COKPAJff
. . C>>l"J'Ontivn orraniuod and ul!lina u.udu
the laws-at the fft4 t. of Florida ,or Mder. tbe priocipahwn of Nine tho\1ll1dnd
five hundr.d and 10/100- . ~ - . .. - .DOUan <19,500.00 ). .....it.h InterMl tn:.>m
dAt.eattn.rateofFl... & one-quArter pwesUim (5-1/t %) pttrpnumunt.heunpaid
~ unUl paid. The taW priDdp.1 aDd l1Iterwt IhAll be ~ at t.M oIfice ot
&ulhM~tern tt>rtqaQe Coapany, 1340 Veat l'laoler Str..t,
in )(i4,a 1, Flo r i dll ' p or at ~ Qthf1' ~ u the holde-r m~ ~.-nate in
writina'. in moftthlJ' tM1aJl-ta of Fo:rty - ""en & U /100 DoUan <, "., ..n ),
commendq-oo!.he ftnt day of M:\rch .19 62, and 00 the f\nt day of ~h month lh~l~
...~r ulltU the priDcipa1 and In\.4Jr'Mt are fully pa.ld, uoept that th. ftDal payment of the .nlirtl indeht~
fV~ Mnby, if DOt <<lOnef paid. aha.11 be d U'e and payable 00 the ttrst clay of F. b l'UA ry .-ax 2002.
It de-t.u1t be ma&t in the p*ymect of an.)' iNlt&Um611t under thia oo~ aDd it IIJ-cb dt'fault ia'nol ~
fOl.>d prior w th~ due d.a.te (If the r.~ut .~h ln8tallmet.., the eati,.. prindpa! aure wd accrued inlert'at .hall
at once beeome dUle -.nd pi&,.'l'a,ble without notice at the option of t.h~ ....oIder of thill note. Failure to eurtiM
lhl.& option ahall bOt eon.ttit\!te .. wainr of the n.ht to eurciM the ..me ira lh~ e\'~nt of an)' 5ul.>M'<<lut'nt
~!auft, In the tvent of default in t~ payment 'o'lt.hia noW. and It t.hf.i e.&.'l'le is C'ollech"ti by Iln attorney
at. law, th4!' un"wnianed b-treby ~(I) to pal' all coeU of ooUoetioo. l.nclud.in.l-a ~n.&bk! &1torne)"s 1M.
Pf'tlM.Otment. prot.eIt, ud oolkc an bertlby waived..
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($9.50 mate Documentary Stupe
affixed to original not. and
cdnc.ll@d. )
~J _ Willla.aL B..._Jl~n1.t_._..
William B. Scott
....oI___LilliiL8:o t i_.
Lillie Scott
-~,.-..~_.-._~-.---_._-----_.__...........-_.--..-- ~--_. - ...._~ .---..-----
And shAll duly, promptly, and fully perform, dl!ICla.ra'e, flxecute, efft'Ct, ClJmpl(>t~, and comply with &nd
ahlde by each And H'ery the BtipulAtioM, ~(>nta. condition!, and CQ\'enAllU of Mid prorniMOfY not*!
r.nd of thi! morlEap, thfll thia mQrtt:....e &nd the eaute he~by C:rt'"ttd shall ct'.A.lw a.nd \)(: null and void.
And the mortp.ror furt.h~r rovma.nu aJI f(lllo" a:
1. That he will pay tht" ind~bhxineM. u hf'~lnOerore proyid~. l'rivil(.llt' i~ n:'!t?r~ed to pay Uit'
d#.bt in wh{\l~. or in an amtJunt equai to one or more monthiy payment." on the principal that are next due
on the noW, on tht' that day of any month prior to maturity: Provided. howev!'r, that written noticp o! an
inwntion to exerc~ 8uch pn'w'i1et'e a given st I~Mt thirty (30) daYB prior to prepayment; and, provided
furthu. th..8.t in the ~v~nt tht' deut a ~ltJd in full flr1c;r to maturity and at that time- it iJi insurro under
the pro'w'ildoM of the NationAl Houaing Act, he will p..y to the mortgllgt-e An a<.ijU8t{-<! J,lfl'mium chuge of
onoe po:r ~ntum (I ~~) of the aria-in.\ prind~)$i\ amount thereof. t'xc..pl ti",at in nQ {'vent llhall the adjuaW
premium u:c~ the ~gat~ a..lin.unt or {lnomium cnup--3 which would hAve lJoN>n paYl1iJlt,~ it the morl-
PJt! had contlnu€'d tr" be insu!"\"(! until mAturitr; l.mch payment to be appHe>d 0)' the mortgageoC Up(ln it.&
obliption to UU~ f'(~h-ra1 HouJ!ini Commiuioner un ac:rount of mortgage in.turance.
2. That, tn ordtr more (ully to prot..-ct the ~urity of this mortgage. t.he mortl{t\gor, tOHether with,
iUld in &d.-lilion to, the monthly payment.8 under the t.enfUl of the nute &...""Curt:-d hi'lf'by, on the linlt day of
fla('h month untn the &aid nQf,.e i& (IjUy paid, will pay to the mortf(agee the {(,Bowing 8ums:
((1) If this rnurt.g-A.g'e ..nd the Mid note ~f"(.-d he-reby lire ir..sl.lred unot'T the prOVillion5 of the
NationAl lloul!.ing Act And s.o long M U1I:'y c(.,nt!nue to llt' &I) iruured, one-twdCth (IiI') of the annual
morti'Ag(' In~unwce prflnium tor the pur~ of putting the nj(JrtglA~ in funds with which to di8.
chAfJ:e the &Aid mortg~1:'e'8 t)bliration ,to the Fe-dera,i HouJ\ing O:;mmwiOllcr for llIort~l\~p; insurance
prt'flIlUfM purauant to the applk.ahle prov181on.a (it th~ Natkm.t.l Hoc.lnr Ad. &3 amt'udl'd, and Regu.
l.atioM thtreund~r; t.h.(! morlrar~ ~hall, on the termir.Ation of its oo!ig3tion to P{\y rnort~aie insur.
Alice l)N'tiimm.. credit to the account (If the mQt~r a.u payments ma.de undH thl'llrovi!liQliS of thiA
aut-iU.Ctlon which th(t mo.rtgA&OO haa ool OocQm4 vbl~atal tQ pay w the !-'e.deral HOlUiult OJrnmL!l--
f loner.
(b) A 3um equal to the ground tt'f!bJ. if an)', ned du~, plu3 thi) premiums that will n('".t be(orne
dU, e Md k:4')'aN~ un poHd" (it flre and othH )lIu.an1 in.aurMte cov6u~ the tnottg{l.g~...j prop'~rty, plua
lAx.e:a And ~t5 n.ext du~ on trH'1 nwrtlfilK~l pro~rty (all U Mhmat.ed by the mortgag{~) le!.\8
All AUrM alread.f paid thtlreflJr divkH<i by th.! ~ul1lt>t'r or months tn t4ap&c before one month prior
to the date whtll'l luth rround "'flU. ~r6miu.l1"", t.a.lea, And M$t"t\&menta wlli become deHnquiCnt. auch
luna to") be bel<t by mortaagtM in tnut toO Pf'Y Wd rrouhd ref'!~, premiums, tale.., tUld ap('Cial aMf:.M.
me!l tAl,
(c) AU ~lffHmtt m~nliilnt<i !n the two PI~.;jing lluhst'ClioM of thi,. par)lgraph and 1\11 l}ay.
ftWftlUl ;,.) l<e ~ UMt't the fl6)t.v k<un"d hereby snAil be addt'tj together and th.., 8ggregat~ amount
th@re.of ahall i,;r(; V'id by th~ m(jrtp~(Jr eACh month in a ~in.alt) ~pnt'f1t to b.e .Vf'H~ by the mort-
''''" to UU~ !Cl};.llV)PI' ftenu in ttie orrin Mt forth;
I. J)Tt!mium th{4r~ under t.he contra.ct of in!uriO.n~ with lh~ Ft'dnal lIoUi~ing CQrn.
rntl~iontir ;
n. 2T'QU1"i nmt!., UL\(:>J. ~n~nt~, fin.', il.O,j other haurd iIi.3UfilIJ(i! pft'J'oium3:
Ill. inte-rt3t on Uw no~ MXur~1 hen.~br; and
IV. arnorlh.,.Uon of the prindp-.I or Mli<l note.
Any dd\i::lf:'IV':Y In t~~ amount (If ageh llJ%r~"'It~ monthly V,f.}'fiH.mt tJ\!>.!l. un1t:-M In&1Je good by t.ht
rr:.o~f' pr1L>:r t.(> t.h~ a~4id4w of the nt', d 8uth parm~nt, t'{m~hl\.it5j 'Ii eVi}nt of ddauH undr-r tol. Tnort-
,.: nw ~ lMif c911ect. "ial4! e-~' not t(J u.~ two c~ntA (:l4) (or u.ch <Jolin ($1) of
Mci:1 ptlymttnt lDOA t.~..an fl!1A~~m (16) da~ in a.r'f"Uf-S t(j (;(;,.tlY th~ (!xtr& eXlX!n~ in\'Q\\'t{j in handlinst
cWt~t ps.ym.t!'nt..
8. n.....t It th~ kota.! of the plyrn~tB ~ blth~ n,.lQf'~Jr IJnd-er (b) 01 p~n\gr~~!h 2 (ih:t:\>ding !Shall
ex, c~ W, a.moont of fUlrm~tA a('t.u&i, 'ly, ~ by ~ ~~. for trt')l,mt! NrH..a. t.u.~ And uiWumentl
wd me~ il>nrnlt!.ID8. M th. (~ mar bf. ~ ft~ ahtUl 00 cx:f01ifJd by the wor1jf*gee ~m BUt>IJ(;f.p.t<<it
~ '. bit U~. by tho fn('ort~. 11. MWfl'\'n. the monthly p.aymenta made by lh~ In(i:r14~r
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