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U. 31..6&9
Ft. V ALva b1llYlD, tM .., to
AMERIc.u T'IfLI I~ ~Aft
,.. _..!.l'IJIl"'~'" atIIliaI under
t.h~law.ol nor!4a loron.rltM,,~...ol m...n
thou.aand fl'" nun~ d4 Jlo/1.oo Doaan <$ 11.500..00 ). with
intereattromdal'-a.ttM rat.eof nn &D4 ooe-tow-th ptrCMt_ ( 5t "') per
annum on ~ unpUd ~\.- nUl pUll Tht .w prilldpal aDd ~ thaU bi ~ at - oft\ce of
J.aer1NJl '1'1\1_ Iuu.raaoe Ooa~
ift 1Uaa1, norl4a , Of at ndl ~ ~ AI th@
tw!dt''f may de6i.-nate in WTltiAc. In IBOIIdab inftan.... of 11:&\1- '-hre. a.n4. CoO/loo
DQllan <$ 6).60 ), ~ OIl tM ftnt da7 of Apr11 ,1962 ,aDd
on the t\nt ,1.\y of t:'6Ch IDOI\th ~ UJIltll the priM...... ud iMenIt Aft tdy pakl. exotpt that * ftDtJ
\).\)'lTl€'tlt of the entire ind~t4<tMM ~ lwtnby, tf not IOOIMf paid. .r.an be due &ad pa,...bM on t.M
fint day of Ka-rob ,It 92 ,
It ~fault be mach to lb. ~t uf &Jl1 \Mtl.Jlawat wadv t.h.ia~. and if IGCh default 16 not mad.
I\.li04 prior to thtt d\a dat. of the aut .uch lnltallmnt.. the mtire prindptJ IUlO Md aecr'.loO in~re8t .h.&ll
at 00(it t~ d\le aad ~ without aot.iot At u.. optioft of the ho4cMr ot. thl. note. Failu", to t'X~td_
lhl.t (:>ption ab.aJi oot WO$titute s walV~f I){ the rUbt to aerdM u.. il&lM m th. ewnt of any .ubMqlMnt
c:ktautt, In th" t!veal of deb,uK in the pIl1ment Ql this DOte, and it the NAM ~ (oUedt'd by an attorney
at law,the undeniped h.,nby ~($) W l*Y all ~ta of~, iDduc:lina.. ~ sttl.H''My'a freo.
l~ntment. pro-tat. and no~ an h,e~'y.waived.
($11.50 stftte DocWllent~1 Stamp.
aff1xed to or1Slnal note and
oanoelled. )
1/ Rayaond L. 11ok11ter
ta~'l5lm-r.;. Itc,k1:tt.r
(a.al)
...---_.._--.-..-----~_..-_._--.."~----_.__.---
./ Patrioia P. ~1ok11t.r (8eal)
, '---'---Pi-tr1'clj-P;-XloKl'l ter------
,...-."-------....--.--.-- --....-..-...-----~- ,."'--------.--
And ~all duly, promt'tl,)", and fully perf(l1'n\, dit'!(h~. f.'Xfi('utt, ~1foct, comVld...., And rompIy with and
"bIde by e~h and every tht'! litirluUitioM, a.g~m~nt.s, (undltion&, and CQVetlArlt.'t of Mid proml!\.80r)' note
and of thi.... rnortfAl-e, then this mortgage And the ~tatt! ht:reby created ..hall {'~ and ~ nul! And void.
And lh0 mortr.,.or turthi!f co'..enantA All foUowa ~
1, That he will P'ly the In d..bte-d ne&S , U herdnbetore provld4!'d, Privilq-s iA r~rved to r-y the
dE'bt in wholt', Qf in an amount erqual to one or mo~ monthl)' paymenta on the principal that are n~xt duo
on the nott', on ol(. fint day of any month prior to m.atority: Providt.>d, however, that written notice of an
intention to uen:iae 61.1I:h prh,jleve ia given at l~ut t.hlrty (30) dAy. prior to pre\)Aymt'nt; a.nd, proviut.-d
furthn, _thAt in the llV4!n,t the debt,ia paid in fu~l prier to nuturltl and at that t1Ylle It 1.8 ,in8t1red under
the pn:r'iilior.s of the Nallor..al HOUl\inlr Act, ht' w111 pey to the m(lt'~ an AdJUfl.W premium chArlt~ of
one per c.-nlum (1 ~) of the orifrinal principal amount then!'Q!, nupt th$.t in no event aha.!.! t.he adjlJAt~
premium E'X("~ the arV('gilltf' a.rnnunt of premium ch.a.~ which would have ~n pi\yabl~ it the mort-
gage had continut'd to he ir\l!urt.>O until fllRwdt),; tuth paym-ent W bofI APplied h)' the mortpi'ee upon iUt
obligation to the Federal Hauaing CQmmiMiot1er on account of mortgage ln~urant.e,
2. ThAt, in ordn more fully to pwtf'Cl the e-e;urity of this nwrlg1tff{>, the mQrigilior, tOg<'th('r with,
iUld in addition to, tht~ ":Ionthly y.^yrrlt"n~, under the tflrrnl of the no~ 8('(;urt'd he~eb)'. on the I1r'31 Usy of
~h month untIl the MId nott' III fully p.ud, will PAY to the rnortiCll~ the !oL!OWlnJr !Sllm~:
(4) If thiA roortgasce ftnd the l\aid note e<,.->cun..i hl'Teby 8re In./lu~i undH the provi~inn,!\ of th~
N.IltlOlllll HOl.:aing Act and 1>0 long M they continue to be w !nsun:-d, one-twdfth (l H.) (If the fl/lflUAl
mortgagi.' i03lirilnc1! pn:-mium (or thl' pllr~ of putting th\' rnortgas-,,"C in funulI wIth Vihich t(') di~.
charl\,<' th~ luticl mortlt'fog\'e'S ohl~gaUnn to the Fed~raJ Huu!!lng CommiMiolwf (or rr\(!rtgall~ !nStlianC~
pf"l'fnlllm.3 purauA.nl to the apph~4hle IlTlwl:doM of tt:6 National Housing Ad. u amcnde<l, AIld Hpg'u-
tf\tiOnll tht'r-eundcr; the mortg>~ I!hall. on the termination of ita ohliialion t.o IlfiY rnort~age i!laur-
;'.nr" pn,'mll:m~. trt>dit to the AC-':Ol1nt of the mortgaK1?r till rAymen1.8 m3-:1~ tll}du the provi&i(}n~(lf U~iA
!\Ut.!Hxtion WhH:h the rnortj'Age(l hAUl not b<<orne ohbiatN tlJ ~y t.o t.he Fedffal Hc..'U4Ul.i C<..ln\.ml1~'
'llJliU' .
(b) A sum equal to the gr-ound ft'nL'!. if lUiY, ned au!'. plue the Im'miurns ttH~t will next l)OXNI!t'
due And payable vn p'pHci~ d tire allil other hautd inaufAncf' rovertnl{ the n10rtgfig&l pr-op\'rty, pIllA
tAxes and li.!\.$eMmtflLa next due on t h~ rnurtga,t'U protJ<t>rty (all AA e~tirnl\ted hy t he mortgag~) h',,__~
&II !un~ ajrtAliy paid th~!'('ror divided hy the number of mouth! to dapa.e befor-e OI1{' month prior
to the d.h~ wh~n lW~h ground rent6, ..r~mium!. taxea, And as.5~.Mment3 wm become delinquent. fiuch
Burn" to lXl held by mortgag~ in trmt to par Mid 2-round r-enLi, pri'miuuu. tax-ea. and H'N:!al a..~~sa.
ment.A.
(e) AU iJaymenlA menliolJ{-d in the two pr,,-,,-:('ding a\llJ4.."Cti{m~ of thi'l p~ra,gr8Dh ttl1d all pay-
Olent..<s to h~ mAde under the nf;t~ ~ured ht'n'hy "hall t>f' add('o(i to~thN and the a.tti'r~ate anKH,Hit
thf.'tC<:;! Ahall 00 paid by the mOttgilXOl' e4\.>:h month In a ~ing:~fi! p.g.yment tt) be Appllc.d by the Oll..rt.
i~ t,.) the following ltAm15 in the Qrder ad forth:
t. vremiurr. charges under the eontuct or InaurlHi("-(l with the l-'t'<deral Hmlll\ng (~
m iuione-r ;
n. grt}uml rent,,-, tax{>;s. ~1i1ent.!, f1r<<, and othcr h~Ultd IrlAuran~ prl'miulla;
m. int'.','('..lit on th~ not~ ie'Cut~ henby; and
IV. ~un()rtu.aHon of th", priudpJll of uid nQt{l,
Any df'l\chmcy in the l\m'lunt of au('h ann"fiate monthly pAyment &hf\!l, uuleM i1\ll.de g\)~x.t IJY t.l-tc
fnfJrt!l1\ii)r prior w tile due dA~ of the n.e_1i. l auth ~fm€fflt, ('('!lM.' H~lt! M Hent of lidavli ~nd!!t: this rncrtA
I'~, The mortgt\ll{~ mAY ('ol~t " "!llt~ f'har1f6' not to ex{~ two CfntA (Ze) for {'&(;l'\ dollar (i1) of
Mfh ~ymt'nt more th.An Mti;en (16) da)"8 in A.!T!!41.r9 to covet the utra Hpo:nMl involved tn h!$..J;dHnz
~ir:-G\ltmt ~ymflfit&<
3. ThAt if the toUl of th('! .4\j'Inenu fn~ by ti~ rn{;.ri.I'~...f un.di'r (b) of piiragraph 2 pr~<<i!n~ .ha.ll
t'xc~j t.hfl a.mQunt of fJ1&lment& r.ctu.ily n'lA\de by the)tR1rtpg~, ((lr gruund r~nu, UU,(~ and ~'Ul.mt!ntA
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