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}'`„k ~'Al.l'E; l;n't'l:1~'IiE,, tl+e undernigltect pr:xnrset~) t~+ ley t.~ -
L'~i:.i:IC;i; TITI.:"r: It.{;liltKN~E CO?li~~i}~'~
a car•lwratu,n orglini€,~i anti r•x:stt:.u untilcr
tht~ ftzw'e of F ltai•1dA . ar order, the prineil;ail quill of :31Xt;!~t:rs
th~>t1H f.tid nll;fa liutldred clad ttu/2010 - - -• - - l~~+lt~,r~ (E lb , 900. (10 ), ~~~itt+
intert~t from date at the rate of ~'lti`~ f1IiCX nt18--totu'tii1 per cent(+m ( - j~-~ ''r) tK'r
a!+!+u!z~ on the unl,aid t;3lanc~> until paid. The raid ltrincil-s+l arzd irterefst st:r~ll tx~ l~ay:ible at t1~e ,,tl=+a, of
;I;:erlccxn Title Ilteurax~ca Cq~llar>yr
iii M1f~r:~1, F'l.ox'id,t~ , ur at such other l,iace as t),e
holder nla}- dc•aiyllate in «ritirlg, in monthly ittstalltncrtlti of j;la f;~ty- l.tlr~£3 Fir'.(: l+~/100
1>t~llars t8 93.4 ), cc+mrtle•ncing on t?le first day of J1-+re 19 b2 ,and
on tilt fil-at clay of c~arh montl, tt:ereaft~lr until the principal Rnd rntereht are fully Laid, except that the fu:Iil
l _~yr!lent of the entire inlet tt~lnesss eviti~:n~~d )tetchy, if laot ae.~c+!ler l,aiei, shall l~~ ciue snci pa~'ablc~ on thf~
{fraL day of t~fay . 19 ~~ .
If clefatrlt ~ made in 4he payralent of fatly insts.llmellt under thiK note, and if such default is nut made
gtxxl prior to tell: tint! tl'€itE' of the next such inatallnlent, the pntil-e prince{lal aurtl and accrued interest shalt
rlt once tx*cu!lie due and }?aya.bit' rvit}tout notice at t.le aptian of the holder ~~f this mute. I•'ciilure ti, exetrifte
this option A}lte.ll trot corrfltitute a wai,er of the right to exerci:s~ the ssnle ua the evc>llt t?f anti• P,uta~esiuent
default. In the event of default in the l,riyment of this note, rind if tl1A Bdt111~ ifs caiiect~~ti b,, an €tttnrrey
st lfi>4',the u;lderrsigrletl hpr~l.}y agree(s) to }~:}~ allcoat.~ t~f c=.~lle-~tion, ittc.lu;ling a reasonable attorney's fc~.
I'reflentrnent, prvtefst, and notice are
"'_~, ~':~, : t..tE D~~:umentf:~~
_~
hereby waived.
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ti icd 8llail dilly. prort,~tly, find f'.?lly ~>erfi,rlil, dl:tc hRrge, eiPfi i!ie, i't~f{t, Ct) it j~lf2f•, AIId iUilij?; :ti'1i1? At:d
abi,:le b}• eArh allcl every the atipuifttiorta, frgrt°errl2r=.trs, eonditi<,rls, and co~,•eraxnta of f>;iid promi_~KOr~• t:otc~
and of this mortgag:, there thin rnortgagt' and the estate he;•eby ereatc~cl shrill cra_~e find t,e null ^d void.
:end th+-~ mortgagor furtt+er covenal:ts as follows:
1. That he will pay' the indeiatetlneftfl: fns t+ereint.efore l:roviciecl. i'rivilege is reQervE~ci t<+ pri~ the
of ht !n Si'ltUle, U1' itl 1lYs &n1JUItt Equal tC~ t,!?e fiY rllore R1Urithlj' ~~31°IrlenCs Gri t;!!' pr'lnrlpal that Arc neXt dU!~
0n tllt r10Le, 011 tllr Ilrat duy Of all}' month prior to ttlaturity: I'rot'1CIt`tl, 110H'e4'er, t}fat tti'rlt(e1i ti0tli'e Ut` 811
IliteiitloIl to exc'rrlfSe fsLCli pri\'llege SiI gl~'f'n 4t le:i:3t th!rty t`3~) dziy'F prior tG prepvy'RtFnt; allfl, prL+t'lilf~ii
further, that in the e.'Piit the debt is paid in f~l, prior to maturity and at that tune it is inaurr-cl under
tl.e ;at~ovisionfl of the Nations! Housing Act, he will l;at• to the mortgage an ruljusted premium charge of
one I;er centurn t 1 ~~ } of the original principal amount thereof, except ttrzlt in no event shat! thc• adiuFic~
premium exceed the Nggregatc° anu;unt of premiumchargefs which would have lawn l:~i'.•able if the nlort-
gage hrid cantinued tr+ L*r insured until mclturit~•; such p$.yment to be ~;pplied by il+c mortgagees ?rl,on ;as
obligHtian to the I~ ederai housing t'orn!nisaioner on account of mortgage? insurance.
`l. `T`hat, in order morn fully to l,rotect the security of thifl mortgage, the nlortgagur, togetlier wide;
ar:d in aflditi(,n to, tl+e monthly pa}-:nrnts under ttrs~ terms of th, Hole secured hereby, or+ the lira( day c,f
earl, month u!ltil tare said note is full~• l~,tiid, ra'ill pay to t11e mortgagee the follawing sums:
tcl) If tllif; martgagt• and thc~ r~sid note at~curz~i hereby are itlsured under the pro~~iaions of th+~
National housing Act a!;d rti long as they continue to tae flr, infturecl: one-iv~elfth t', •) ~~f the r.!u;ual
rnortgag!' InflUYfil:re tsTen:ltlm for Ills pilrpnf.t' of putting the rTtartga,~E'c' in fUn:ia tti'lt~l K'}11C'l~ t0 d+~-
r-t+arge thr t?mid mortgagee's vb!i~tlti~~n to the Feiieral housing Corrztlt~.aroner far rnort~aggt infsur:,:~~e
pri~i:tiuntc+ Ixrrauant to the arplicRt>le; provisionfs o{f~ ±he Natlona) Housing' Act, apt arner+aed, and Ragu-
lf}tjiiri3 thereunder; t11e rr:ortgage2 Slltil!, OIa the LCr-nailiRtlon of it8 t,bll~Atlali tE, j'say I]iort~a~~e ltl°lIT-
a!+ce prcnuutr,~, cre,iit to the arLaunk of the niort~ag`or all lu~ylnenta matte under thr pro~'isions of this
sulesectian +hirh the tnortgftgee h not lre<azflrw obligfit~.~d to 1~$~ to toe fieclerfil huusirtg C~~nlrriir;-
toner.
(h) A r*ura equal to tt)e gri;und rents, if anp, r,pxt t3uP, plux the j~ret?'iiurl/s tits( wilt next bc~ca!ttr
due Ilnd 1:ayftble on lkiicit~a of dre acrd oilier haxfr.r+i itlftu:•~rice crusting the rnortg:iged l:roperty, l,lua
faxes sod as.~efaanients next due an the rilortgt~cd praperty' {&li »s estinlfeteJ h}• the martgagcs.) lean
Fdl aitrng alrer4-dy j~id tlte-~cfur d.ivide~d by the nal~;her. of rr~rr~nths Gn elapse t;ofore any mo!~ih prior
to tl:e ('.Fate s+,•lien snci; grat!nd rent. Ilrcmiuins, t.axi~, snci fir3f;4`,&~Ir1EntF3 will t>e~arne deiirle€tjent, nucl_
f;ums to tae h.d:l by martgagLe it trust to Imo' mid ground rents, pierlliurns, t,axos, arlsi spc~ial a~~~s-
li;F? I1 t8. .
{r) ,AI1 ~ay'rnt~nta rnelltianed in t.lr~: ttvo f,r.i;ra,g aiil,,eF•etiorls of tlii~s Isar r , al,h anu f.i'i l:~fiy-
rnelit.a to tai? rruide i;Ilder the nnte ;ur~d lltrrfby fl}gall t>E: Iidde>~i t?lg>~ther and ells aggrz ate g2?loon(
thereof t;hfiil l>e paid lay ttl+a Il:t~rt~gur er>~r frtorlih in a ~ingl~ ;~yrrlent to 'r.~ aiapli~ei ~g the morn
~ag~ to t,'`<tl iallo~irl~ it~ix i~ (fate ~~rt~ler t~et far Ell:
t. Isre~Iliur~ c1:t~r Lirrd3r tFSt' ~~intract of ir,~urttrt`e ~itil trap Ftz~eral ;€o~.~ning C.oro-
rF:i$sbr3rs~' ;
Ii, gr-cruad rer~t~, t.~~, 3,r1:F~rlt$, fire, and othLr ll&L.'2lii lrl~tlrfl3tC@ ~}rir~liirllLs~
III. tutCt~t taA t~t~ rei3~ ~C'LIYe'*tl hF_,YL'13y; ~,2id
IY, erti~tiz~i:ist~i oaf ~a pr-iu~i~~i ~ i~.d re~t€~.
Arly d~.fu:i~:ivy i:.l ~ha ~a~csuaa8 of r#uc~t a~g~te morttlaly ~aysn+~nt shall, unl~ rlaade g2xx1 l,y tl+~
i*anti.g ar prior eta tl-rp cite ate of tlt>2 I"iaXl sttfh Iia~~flit~lt, [;trl?'~tltu~;e ail ~t%8~it r--` ci~fault i;nder this mort-
;a, 'tie rr`roL`~~84 lrt~iy Gollecs ~ "t&#~ efiar~r,' ~tvi ~ e>E trio ~~mt+s {~) irc~:• ~h d:,llar l$I} of
p~a~rnrtt rose th~~2 l~f?~ti (3!5) c'r~a lit Ar'r to r-€a~%''~e i~tr•a ~xpe.-s;~ iuvol~.•sxl ia~ h>andlift
il~i i aquent. paylt:a. .
~. `~tiat if tha tcst+tl cjl- the ~y-1~~~nic~ f(1> ~a~+ti3~;rt~~'a-c~ ~,artd$r (b) of y+art~r~i;,h 2 pre~:Xitlg Ir`tlali
exr ~r8 amcuat of t.~ay~mel~:s aetr~lly mare -fy his rx~rtg'~€s, for graurad r~ntg, ta~•ea and a~~ixrl~c~Ilt~
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