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o. s~ 1")42 400
I!ZI tJl ~'ACi 't '
. ~
FOIl \' ALlig R....v&D) W U~f~~~.) to pa.f to
AMERICAN T1 TLE IJf8tiaAHCE OCllPAIt
. II ~ 0f1IiIUliM4 a.nd ut.t.1quoo.r
Uu~ !aWl! of rlorlc1a ,Ol' ordeT, tbt prlDcipal MOI\ of ttUr'..n
thOU.fin~ n.tty u4 10{1.00 t)oUan <,1),050.00 ). with
illtereGtfromd.teAtther.wof fl.. and one-tour'iA ~centual (.5t ~} ~lItr
IWi\um on ~he unpaid b&I~ WlUl pakl, 'nwt Ilki4 priadp.' aDd interMi lIhAll be payablo at Uw oftke of
......rlo.n T1 tle ~n~!) C.paDl
in )(1-.1. norl4a ; or at auch ~ ~ M the
holder TN.)' de$.ign.Ate-ln wrilina. in mo&'lthb l~ of ....,,-~O and 17/100
DollAn (, 72.17 ), ~ on the f\nt day of'" , 19 6%. &!)d
on the firat day of euh J1'l()Otft thenatt<< util the pr\acip&1 ud in~..... tulb' p&\d. aceprt that t.be ~l
pA)'l'flt>nto( ~ l"nhr'~ ir.debt~~ ta.H-eby, if act IOOI'WT peJtl. eba1I bo dae &all payable on t.b8
ftNt day ot APril ,1991 ,
. It ~tault brt milde in UU! p&..vm.nt at uy i~t U1I4c, r thit notAt and if AUcl:i Wau1t ia nQt ~
f(l(ld priQr to lh(' due date of the next IaUCb intt&1lmeat.. the soU" priDclp&l1WD and aeenMld mt-t'rett aMll
at on<< ~ dUlt IIDd paya,bk withoot lK,tiee at tlM option of the hohkr ol UUa DOte. Failu~ to t'urt.iM
thi. option .hAll not (IF)Mutute .. waiv.tr uf tM riaht to e:uf'C:il,e tM IAl'M 111 tN -tft'Dt of Ul)' aub.'lQuent
dottault, In the ~Yfilt ()f df.fault in ,tM p.yJMnt 01 uu. JlC)te, and il tM ..... 11 coU.-:ted by an attorn<<)'
at law, the underair'Md h.reb)' qf'N(a) to PAY alltoiU or eon.etkm. ~,~.l"fIUOGaN. t.t.torneY'a t....
~ntm(ltlt, prutMl. and noUte AnI he1"fJby W'&iftd.
._.~L_~~g--i;-~i%~,-,~__~~a~J
(.1).00 6tate Doouasntar,J at~p'
affixed to orl.ln~l note ar~
oancelled. )
"'~~ ~~_. .....-..-.-..-----.------- .__._-~~_..-..~-,..,._.~---
.....~ '-_ ~~~~,_g.!._Q~~!.. ~r___.._ ( a. al.J
Jeanne O. Ch...er
_ _,__'" ~.,~ ____.....___.________----....--.------- _..~___-.r--.
And shall duly, ~ptjy, and fully ~rlorm. di..du..~. ~u(.'Utt', ~trt. c(lnl'p:id~, and comply with and
t.b!de by u.ch lUld t!vt<ry th~ :ihpub"UQNl. ~mt'nta. eo-fiditi41N, t.nd <<lV~nIUlU\ of Wd prmnlMor;' u<.te
and ()f thiA mort~t then thi~ mo~"" and tht _tat.. h~1't!b)' created &hall e-..e &rA be null and voId.
ADd the mo~ further C'Qvmaat.s ... follow.:
\, That h~ will pay t~ indebtedMta. u hef'linDttOf'le provided. Pliv~ i& ~ u:; PAY th~
debt in whok, or in an lJ'lWur.t equ.rJ tol.~ or more mooUUy ~u 00 the principii! that ue next dtHl
on thf.' fl{jW, on the t\nt day of. ,lUl)' month priM to maturity: Prtrvldtd, bowevt"i'. that wntUln noti~ or a.n
intention to ~!.t're~ tl-uct! pTivH~ i. given at ,.. lbjm (&0) dA1" prior to PnopA)"lDtmt; a.M, pt{,rid<<!
furthu, that in t.he ~~nt thE! ~bt It; paid in full prior to maturity aDd .t that ti.-nt' it b iNWnod UnMr
the pro't'il.tOM of the Nlltif.lt\&1 U()U.tin.c Ad, hfl...ill pey to the mo~ an adjuatl!d pnmium chat'fe of
one pt'T ot"ntum (1 ~~) cf tM oriirital principal amount thflftlOf. lI!X~ that in Do e\~t aNi.U the ,.djuat<<i
premium exc:ffd the a.pl"'e,a~ Amount 0' premium. e~ which Would ha.v~ ~n -S-y&l* if th~ mort-
r~ h~ ('(;ntinued to t~ lrumn-d until maturity; aut".h ~t to be applied by the morta....-e-e Upol'i itl
nbll'lltion tl) the Fl?derAi Hou&iua C.ommi...ione't on ~.nt ot mo~ lMurance,
2. ThAt, in ordt'r mor~ fully t<) prot("d lhfl &e>.-:1.irlty of thi& n.ort.cal'e, the m()rt"~T, k~t.her w-ith,
&rid in addition to, thta ~wnth!Y yay mf!n t#. ufld~r the terma of the ootb MlW-n!d h@~bY, 00 the fmil ,b.r of
P.A('!\ month until th~ Uld not~ l.IJ fully pald, will PAY to Uw m()rt~ th-e foiklwini' 8UmJ:
(a) H thia nwrtg>' and the sAid not~ ~red ht'rel:Jr ll!'t! in.-ured undn th~ provlsloM of the
NatioMl l~o~.~inff Ad and ~) kmg u lho:-y (".ntinu~ ~o bE 80 ira.IH'<<I. one:twelfth P..l\~ of ~he annual
rno!1,,~ UlAurnn;::~ p~lum (or th~ purp()~ of puttwr th@ mort~ m hmda Yt-lth _hlCh tJ! di6~
r.M.fI".e t.he Il&id mf,rtg~'5 ohUptlol1 t.o t~e; Feder&! Hou~lni <;.ommj~kmer fQr mvrttP'4'~ jn~u,.an~
prctnliim. puntWlt to the ..pplk..ok provtllOM of ~ Nat:l.on&J Rouatnr Ad, U Mwndtd. lUld R~gu.
latiuM lh9.'~und~t; thi' mtJrtPCM t-hAlt, 00 the t.ennination or itA QbtigaUon to i)9.)' m(jrta-a~ iruliJ.f-
ante ~IUrrl-S, credit t!.l thp. &<<ount vf the mor~r Ali {lIlymenu fI\lldit; ur:'-it,'r tilt! pro"'~l/.ifm~ (,( t~i6
5ul~Uon which the mGrti~ hu 00\ ~ obUp~ to pIIJ' to the f~-etal Hoo.$Ul,( v:;.tnnu....
aoioner,
(b) A ~urn ~'qucfi\ tc the ground N"f\U, if any, n.<<rt do,.. plu tn. premiUJll$ thU will Ul'.!n beei)fn~
d1le And payaJ>>.e or. p(jHd~ of t"i.re and othn h.aI.Iu'd iMU~ OOV~ th~ m,Jrt~ propert)', phl!
U~:H'~ nn,cl UtA'MnW~Ul Ml:t d~ ~,the rrwTt~ yropertr (All u .-.Umat<<i hy U'.t! mortg~) i~
alll!.un13 &l",ady pe.ld ili!'Ntor on.ide<! oy iht- ~r ()! mvnthf. to -tililp.e, t~tore <me month PT1Qf
t~ thfi <lAw whtm aU<'h grol.lnd rani&., premium;J., ~-, ~ ~Q~Ai will t~J!e d~iinqued, such
!!utM to be nt'ld by mQrti~ If! t.ru~ t.,::; ~ Wd rrvUnG ft!tr.t.t, premlUff't-l, WU, ~ i\.peda!~'
menu.
(c) AU ~ynwnts mcentk~~ In tf~ two pr~\n,. .;;~~ cd thiA P.~\ .nd an J:>a.;r.
, ~ntlJ t.;) 1~ ni"'j(.! l.mder t.h@ Mte MCUr<<! iW'ffby ah.aU be added ~th<< an4 th~ ~u. iU'MUnt
ihi.;rC9f shari he J:~ld by tht pmriP#,)1" ~h moot.f\ in A lri;1~ ~ymcrt t,J M ~ t,,. therooJ"t..
f&i~ to th~ foUQwing itewJ$ in th0 os\1trr Mt !;;nth;
So ptffiliurn chAt~ undu U.@rontTMt (Jr huufa.n~ with ~ f~.(jt.l H{}UJ5iui t~
l!l ~i:.?Mt ;
11, Jroufld tenth. U.X (Ill , ~(~u. f,~. and tJmu rd:U.rd !Mut~n~ pt-.,rniul:M;
tn, iutH~t on th~ no~ ~.\iNJd h~'; ud
IV. ~tJuUOi\ of \h~ pr~~ of ,Mid ~.
Any del'k~.~r in thv i..mt.l)"'lt o! luch ~A~ M>':mthJypayn',i.!ui shAH. \'mi~ made JO':)O;l, by th.,
IDa" ~,.:)(, prior io th<l1 dWi'. " d.a~. of th~ W'~t w<',h ~t< C-onlil~.ituu,~ ~V\'JU cf ~fltl~ ~:: thU!"fn",~n1...
e~.~ The rl'wrt~ m~)' ootlfret & ..,.~ er..trp flCt W ~~ tWQ ~ (2f) for- ~ dol,at (11) of
~~ ~nt moM! thAn ft~ (t&) dA1I in ~ W ~~r tMctt'a 6):~ in~ It\ ~
~i~t prtymmu,
t\,:, Th,$.i if th~ tcl,' tot! of th~ p.aynwntB IT~ by W~A',' fA~X {~! l.\~ ~~r~tt,?h 2 pr:~~\ni ~~&Jl
n~1 Ulf: a.mou:n~ '.ff ~YTi)~U a.c'{~iy .ro~ hy ~ ~. fell' JT't)~U'.la rent4. tIi.'!~ M~ ~t.I
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