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h>1l V,ALUE IU:"f.H't::1I. the i.wderalinext pn.J1il\a(! (It) to pay: to
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30 fACE 222
ST. LUCiE C:;UHY. fLA,
HQglt:Y, It..-'lrting & Hle,ht, Inc. , - -.--, "-:
, " cOT1XJution (lrgO\ni'.t~l And c,,;stlnl und~r
lh~ law.. Gt Hary.ltf.!"..1 ,or ordtr. t.ht: principal aum of ~hl :'tcen Tl1(,li.\tl!l.ad
'fhn:c ltun.Jr,-"l }o'lf't)' ~i'j llu/l00______________.._IlvUAr8 ($ 13d50.00 1. \i'elth l/ltt'resl fwm
di\t~ ~t the rat~ of }'1 ve W1'1 one-quartt1:r I*r centum (5-1/4 ~~,) per annum on lh~ unp.aid
halance llntll paid, ThC\ uto principal and Inwrt'lSt ahiJll~ payable at the om~ of
l3of).'~J" lLo.rt.1ng & Hight, Inc., P.O. I'~)X 'rl3
in l'AlY ll'.t..ll i (:, Pl or ida , or at lAuch other J~e a.8 th" holdu 011\)' desij{ilat<l in
writinl', in monthly In.ltaHmenta of Oevcnt.y Three ar..l 83/100------- LKlll...r-s ($ "(3.03 ).
(ommt'ndog on the t\l'1It day of April ' 19 (,2 ,and 01\ the f1f1't day of tClU:h nWlltn there.
l\fter until the vrindl"A1 And int~rHt are fully l...ud, eJ:1'~pt that the final payment of the entlr~ il\ddltN.lneM
evid~nc('-j htrt'b)', if not &OOOf!r paid, shaH he dtH~ and payahle on thf\ t\f'5t dAY of FcbnHi.ry . 19 ~.
If defAult he made in the ~>>lymt"nt \If any il18t.a1lm~tlt under thi8 Ilote, And if Ruth ddM:lt is fH.t m.Rd~
!l'(>ixl prior to the out' dllt.. d th.- Jlt':tt such inlltailrn~nt, the entire principal 8um Md &<<'fut"d Intel't.~t shAll
at once Ir<<omt' due a.nd pay".blt> ~'lthout f1{.tict' lit the option of the h(,ldt'r of this note. FAilure to ~'XI?rd&e
thia option shllll not comtitut.e a ~'aiwr of the right to t':.tt'l\:'i!IA: the g.arne in tht~ t'\t'nl of hll)' gul~lu(>nt
d('fAult. In the l"\fnt of d.dault in th.. r~ynH'llt of thi!J !lot.... and if t.htJ 8A.nH: i3 C()Il~'Ctl'(i by an attorney
at l&w, th(! ulid.~~iilnoo hl'reby Air..ds) to pay all cools ot ('ollt"Clil)l1, including. reuonah!~ allomey'/\ fee.
PreMutmf:nl, pr\:Jte!t, And notice are hen'by wa.ivt"'l.
/ sl .C~!-~~Lt\._.m_u.E!.~i'J .._J!:.! -,
Charles ~!, Sh.tl,leYl Jr',
. ..--~--_.-------_.__.._------~ -_.-.---- '---
/ oj ,A~oElIl~_ H._, Shirl'~:i__"_
Alonda R. ~)h1plcy
--.... "., ....-~~._...#_,_.- ..... -_.---- ..-.-..... .--.- ..-- .....~_....-----
And ~hRli dill;', promptly. find (ully perform. di!\Charge. eH,<ut<:'. dfrd. 1")Hlpll'h,', and romply with l\nd
abide iJy (>&h and every the stipulations. ftKH'\'Tl1('!lt.'1, cunultll>na, and ("on'f1antg of ~uid pn'l1lb!~('ry note
and o( thil\ mortgagt', then this morlgl\gl.' find Ow rl\Wlte hu{'by cn:ak.j shall (l'RSe l\.nd he null and void.
And the mortgagor further cO\'('Ili\nts M follO\\Il:
1. That he wi!! pay tho> indt'btt'dm'l'l\, M hen'inhdor~ pro\'id~>d, l'rivil{'~I.' jg rl'?wT\'ed to P,'\Y the
deht in whole. or in an a1liount (>.qual to olle ur mon' monthly 1>A)'lIll'nti' (In tlw princip<ll that !In' llext dUe
on the no!.:', on the liral day (If nny month prior to /lH\turity: Provid....d, ho.....eHT, tbat w nttHI nntlce of nil
inh'ntiol1 t.o ('xl'n:isf' lIuch prl\'ilq{l.' L'l gi\l!n lit lea.st thirty (aU) dilYI1 PIior to pn'p<\Yfil{-'l!t; and, providt.'d
further, that ill the ev('nt the debt is pai.! in fulll'rior t.o maturity and at that tinw it is iIl!Hlrt:.d under
the provi!'lioni\ of Hw National }[(!\JRinjC Act, Iw will par to th~' nH)rt~ilgt'~' nn adJllsted prt'JI\iull1 chargt.' v(
one pH (('nlum (! '-{-) or the original tJrindpallloHlunl thereof, eX(,t~pt that in IiO (,HoL !\hall th~' adJU&tl,(!
premium t'xH"Ctl th.. aggn.'Rlit.' t\Jl1ourlt of prcfl!ium charR"t"s which would !lan' \;.......'11 ll;lY1ibh~ if thl.' mort-
rcl\~e had contilHk,.1 to II(! inllUh'd until n1fiturlty; sU/;h pilyrnt'nt t.o b.: applied hy the owrtgi\K('{' upon ils
obligatiun to the t\,deral }f(HliliJ\g CQmrnis.~iollt~r on l\('eo\Jnt of mQttgllMe inIHIt3nc-..'.
2, That. in onh'r mon' (uli). to prote<..:t the St-..:urity of thil\ mortKa~t'. th(. m(litSlllj{or, i,)gdhi!r with,
lU\d in addition to. tht> monthly p.'\}'Illf.l\t.'l ufHIt'r th!.' t('fTll~ of thl' flfJt(' 5i'curl..l hudl)'. on thl' flrlit <lay of
~'h month until the said fiot(' is fully paid, will pay to the mortjtay'l'l' the fnllowinK &Uql~: '
(a) If this fJlOrtgl\J{t' Rrllt th\! uid note ~\Ircd hen.by fir\' i!ll\uH>-(1 under tlit' J!ro\'i~i(lnl\ of thi>
NatlorHtl HOUBifi)t Act and lW \c:nR Mj till'}' (ontinu'~ to \~ so inalJy(>(I, \'lif',lw.,lfth ill') of till' annual
rnorl/:{iljH' in!\lln:mt'C pn'ffilulll for tht: pun"'lM~ of putting the mOl'tg!tRt~ in flli1d~ Wit)'. which to dis-
cha.rg,l' the Mid modjll\gt.'e's obli.lrntion to t~;~ Ft'di..ra\ HO~:li!lg C{.lmmi~ionl't. for mortgagt' in;l,umnct'
pH'1Il1UmS PUnlllf\!',l to the Applicable pn.i\'l!llOTlB of the ~;at!oftil.l llo11!lng Act. Il8 ,wH:ndl'1.i, and Hq,ru-
latlOM thcn:under; the n;ortgn~t:e ghall, on thl' t~nninaU\ln of it~'\ objiKati~m to p"y fliortl{aj:\e illsur.
ance pr..rll\um~. c-r.,'t!it to th.. i\(COunt of th.' mortga&"oi /ill paynwnt1lll1ade undc'r the \Inn i~l(Jn~ of thi~
[,\lll;~('(:tion which lh(' rfi<Higagi..~ haa not l~'\:o!lle t;.bligllt{'(l to pay tlJ the f\:dHal 1I1):;,,11l~ CUlllllllS-
f 101]('r.
(b) A Aum f:illJld (J; tho ground r~nts, if any, next du<,. plu8 tIll! pt;omilirn~ thilt will IF'T.t I.)('{:Ofl\('
due and payable un policies of flr-e and other harard in~uran(e (overing Hw m(Ht~(Igl"J prllp~'rty, I'lu~
t~)(~'!l and aM(,5St11ents next due on the mortRlIgl>d PfO!'Hty (all M t!\timatc,J hy tlw n\f)rt~a){d') ks!\
All l\llrn~ already paid therefor dhided hy the fi\Hnl:<er of mvnth~ to dal),.'" lx.jon.' O!l\' month prior
tl} th(' date when fiw'h RTound HoOt.", prcmiums. taxl'~. find a...."e..HHlwnts wil!li'l'("jfll(o di.!Illillll'nl, l;\Jeh
Bums to i~ held by mortgiig(:~ in trUlll to pay said gn}uT\<J n:nti!. pr~miums. taxes, a:HI8!x'('ial aMes.~.
ffit.'nu,
(c) All p.flyrncnt.s mcntionl'd in the two Pri-c('~lillg iluh5j~tiOM of this yar<igTi\jlh nnd all pay-
lilent.s Ln he madl' umil'r the nute 8e<urM hereby Ilhall l~: added tO~t,ther antl tb. nK~Tl'j{iit(> amount
thtr<:-o( &halll~: paid by the rnortgl\l(.r (',M'h rnnnth in 1\ single p""yrnent to l.>e 3ppliNl by the mort-
il.\g~ t1) the foUowlng Items in tht< order set !orth:
L premium chargfA unde-r the col1tfJJd of insurance with the 1'\'-d('ral Housing ('.{Im-
mi.sai(mer;
II. gT"tJ UiH I r~nts. tAX('tl. 1\,M.~u.nH'n!.J}. i;r,~. and 'ot.ner hazard insurance prt:'miunu;
!II. inh'n:~t on the !let!,) j}i:<:nn:o h('r~b)': and
IV, ft1nol'tiulion of the principal of uid llOtK.
AilY dQkienty in thB amount of such 3m1,"(~nte monthly Pf-yment 5hall. unit'M made goo'll by the
mortiC"Ior prior to the due date or the next fluch plipnp.i1t. COI1'itltuh: an EVent of ddnult urHh'i this mort-
l'28:e.. ThH mort.g~~T~ mQY (.olkd 8 "lat/) c:harg{l' not to ('~('-'i:-d two c-cn!.3 (2<) for (!3<:h dollar ('1) ot
~Al:h payment more than f\f~n (15) dil}' in arrl'ar-a to cover the ('xtrit ('.x~n~ irwolvt'lj in harJdllflg
delinquent payn,entA, '
3, That It U..., total or t.hf! p!!.yrnenta mMe hy t.he Tlwrtgc.gur llndH (b) of pMilgnlph 2 l)f'",<~~dtlig shall
t>~c~ the 2.moont '_" pi\ynlf>nts IUtu-.lIy m~d\'l b~' th~ mortgagee, tor iTf;und rf:nt.", tav1l And aA.~_.'~I\JIH.'Pt4
a-nd inSllf'~C€, premium3, lUI the CAlle milY 1*, iu.:-h otXr>',M l!hall iJ1:l ("n'~iikd by th~ mort~agt'(l on ftU05t'qU{'"6t
p.&)'IDent.l f.J.) 00 made by the mortiCa.a"~r, It, howev!:r, the m<.mthly paymen:...a made hy the mortgllg"vf'
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