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~O~I 37 .251
1'llit V"U.uli k.K{~IJVIiJ, tht'l ur~l\t~ promilll':t(a) to pay to
-S:.J. !f'r~f-'I:~~'. {I ~
JIlOC.uuHlAJ ~ C(I(}IUY, Ule
. .. ~ Ot"llUliMd and e:l..lAt.lq ~
tn..w. 01. 8ta te ot 'lor1da r I>r c>rder. the princip&l sum of Eleven
Thouaand And OO/lO{).... .. - ~ <f ~1" 000.00), with i(i\oe,..t from
,itla..at t~ "bioi'!"'. A thr.. fourth PM' centum ( 5 '/4 9[.) per annum ~ UlP, lHl'~
~ 'ulit\1 pWd. 'I'M IUd ~ aad tnwr.t aMJ.I btt t>>1'abh at u.. omc. of
JlCC.4UOIU.I Il(IlN43J CCllPAI1', DIe.
iD Cor..l Gabl.., Plorl4.a ,01' at aueh othw ~ u t.h~ h~ ntAt ~te in
wriUn" In moothb' m..~ta of Sixty-four ~nd 24/100- -....l~ ($ 64.24 ),
~ndtl. 00 the f\nt day of , July . 1962 , Md e>fl the fint day of each me-nth ther&-
fI.ttM until th4t priftdpaJ and jn~t arc tully paid, u~t thAt the ftnal ~yn~t ot t!H!l t'nU~ Indt'btfltlnMe
fIlvidtfne>ed M.teb)", If not IIOOn~r paid, ahall ~ due and P/l1~ on thf< ~nt day of June , 1992 .
If ikiau1t ~ made in the PAfl'i:*'t of MY ineu.lhlHl.ut uodt>r thit! no~ and If au("h d.{lt,ult a not ~
~ p.mr u, L~ d~ dAte of lhl! next luch in&t.aHm<<lt. th~ e-ntire prindP'&i aunt and a<<'rtk'd interNt ahAill
at on-t:'@ becom(! d\H!llLnd p&,Yabt~ with.nat ootk~ Il~ the ('fIHon of the holder ot thill nute. Fllliul'e to ~:t:\."rci1w
thLl opt.km aha.ll not COIl.lltitute a wa.iwr (If the ria-ht t.) eurt'ilJe th~ u.rn~ in the Iwent of any 5ul~luent
dt'tauJt. In the e\'er.t of d('{Ault in tIlE.' payment ollhill r..mt', and if the umc 13 C()1!~tt'(i by an "ttornt>Y
At law, the untlt!ni~ h('r~uy &In'\! (I\) to r'AY aU ~(.~ta of coiled-ion, ill('ludina-. a rtuut~ Attorn~Y'8 f€'ltl,
l~ntmt'f\t. ~fl.JteAt. AIUj l1otiCtllU'~ hereby wa.lvt"d.
._ , AJ,.J?~tl_ P-~1 f;.ziU-___._______
M~,;:l.~m B .__~~X~_2!_?~' _.___ ___ _.____.__
And sh1:ll1 dilly, i-iromptllo', ilnd fUlly p<t'rfonn, ,H~hArg\'. l'H-cut(', dTtxt. l.'ompkt<" and <:Dmply with and
abide by Ni.ch and fl'.t'f',' the d!~ulRtiollS, agr~rnellt.a, condltiollll, and CO\'f'fianttl of Mid promiMory holt'
and of thi1\ mortgA-Kt', thlm thi.!! rnortgago.. and Hw t'stah' hereby n.:-at(....l ~hR11 ('t'ue nn.1 I~' null !lm) \'old
And the mortgagor furth..r co\t'URntf! ~" (0110\.\1:
L That. he will ~lI&.y the !ndd>tednl.'N!. M ht'reinll(:f,)lt: 1)f\IVhh.....t l'riV i!('gl' i;j. ft"S('r.t'd to p,.;\}' thE'
debt in whole, or in an MlO\lnt t:'11uaJ to 011(' Or rntHe Tillmlhly paynwnts Oil the pnnripal that llrf' IiI"t du.)
on U1(> noh', on the lirst di\)' of !in)' month prior to nll'ltunty: Pnwided, howe....;:>r. that writt('1I !lot ICE" of an
ir.tentwn to ('J.(,TcL<<! lIuell privikg,' ia gh'('n at I<'Mt thlrt)' (:W) d8Yft pt!'JT to l;cf'p.<tynwr.l; and, pn1vidN!
further, that in the ('\'("ot till: debt L'I paid ill fuil vrior to maturity lind at that tim" it I~ Ill!\Uf('{j unda
the provi!\i(>n~ of HlI' Nr.tiunai i10lJiling Act, he will tlJ\)" to the rnortgag;," an l\d)utltt~l prt'mium ('hMg1~ of
one r'\"r c-t'ntmn (! %) of thl! orillinal principal amount thNf'of. t'XN'p! tllM in no ewnt 8t'H!.1l the Ivt)uillOO
pr\'milJnl ('X(~ the aggr\'S(s.te Amount of pft'mium dUHg-c_'s whkh woulfi haw 1X'-t'rI p3y"hl(' if tht' mort.
rqt> hlVl c-onlinu",J to lit, in^UTfi! untIl mn.lurity; dueh !,,,yment to he app!if'd by thf' mot tllaR'("~' upon itA
obligation to the F('(!"rai Houlllng Commi!Uliofler on l\ix'ount of morlj(D.Ke in<surance,
2. Thill. in onkr moh' flJily to prot('('t the ~f'ClJrity or thi~ Tllortj{lljiCP, th", morl!(fiKor. tO~f'tht'f \.\'ith.
I\.nn in addition to, tlil' monthly ~>;iyfli('nt~ under the tHmll of t1H" llOlt' !H'<:uft,i herd,)', on thf' tir:\t day of
OOt:'.h month until the said not.' ia {ully r..~id. WIll pity to the mot1R'''g-t.~' th~ f(,llowinK Ilum~:
(11) If this rnort~A$tl' and the Mid n(ll(' ~xur;:<-i hl'reby are in~lln:'(l uritkr thp pro\'i~jonr\ of the
NAtional llou5illjot Act and &.I long Ita tlwy (Ontiliue to Ix- w irllH1H'll, olle-twdfth (II') of thl.' annual
mortgage :rlaUliUIC'fJ pr.>miulll fOf Ow pUrpo,~{. of putting th.. tnortga~~' in (ulidg with whIch to di?-
ehAr~t' the s.aid mortgagi..'{"fi t,bliKulion to thf' l-\,d..t.!ll Housing C(lrnml."l,,,ionrr for mortl}fi~\' in~uranc"
prt'Hliun16 pUnllJa.nt to the applkah!e Ilf1)villio!l!J of the National Housing Ad, l!.~ Iltripndt'<!. ll.lil! Hq('u.
l<\titHl..'l thereundi'r; the llloftgagt'l.' ahall, Oil }b~ terrnin~tion of its oblIgation to Pi')' mort)rii~" ill5Ut.
iHKI) pn'rmun\s, cr,'dit to th.' ncrount of the 11lortK<lHl't all papllt"nt,'lllladl' umj,'r thy pr,,\i~ionll of thill
~lll;iH'dlUn whit:h the Itll)rt~HHt~ hill> Hot L>e<0U10 obliii1tl.-tl to 1m). tu tho Fhh'ml IIIJu;;Jlig Cvmmis-
~ ioner.
(fl) A 8urn t.'<lllal tn tit.! gnHI!!(l F'.:rlu.,lf any. next du..:. plUD tht' pr\':l1iurn~ that willllf-';<t 1)O'{O!np
OUl' and Pllj'fihi(' on r"'lhcit'<'I of tin' and otht>f hlUard i.n~uran((' c-ovenllj;C the mOitl{il~~I.d pr"I",'rl\, p"J~
tax..'! and R.'l.~uJm1("nL'! next due 'H\ th.', mortll:l.g("t rrOr.oE'rty (fill M t'iltmll1lhi hy tlH' mnrl"r..~t"+.) 1,>f;.S
all 8umA aJri'ady l.ai'(l lhl'ri'toy divide,l hy the :lllmber of iilUnthll tn (;Iap~t.' bdorf' on.' month pllor
to Ow d&t<' when such R:(Junl! r(>ntlS, ll~mitJm8. tIi'H>a, find fi."l\P:~!'.rilt'nts will !Ji.'ConH' dt-)ilHIli!'nt, 5\lch
Iwms to be h~l.j hy mortgit~{'(' in trugt tJ) pay a-ailt gr'ounJ [('nts, pn'l1liums, tl\.U'3, find 8\)1:'(:i[;.1 a..1\M"~"-
menta,
(c) A II paynwnls m{'nti'jiH~d in Hw t W\.l pt<-'<:....i ing !i!lhgt'('tlon~ of th ili roa f ilK'" ph tHo!l nil pay.
mNlta to i....\ I11Ade under UH' note ~,<!if\'~l hNt'by shall I~ addt,J t-OfreH:a 8.nd lh., "~lin'K"t(. amount
then.'Ot I!hl'll t~ paid hi' the rnortK"SOf (,3di month In 8 8ingle payment tJ:l Il(' I\PJiIif'~-j hy thfl mort-
galft."e to the following !t('!rilt In the order Mt forth:
J. pronium thnrgl'!i under tht' e-outr,;;d of In5UranCf' with the Ff'\inal lfolll\ing Com-
fll1uioner;
lL !j;fvund fcnL.., tk\'H.'3, R.."<.'aamc-nti\, fire. nild otht.'r h;uard \nAurali(.' ~lrrr!ii\llll$;
Ill. intNt"at on the not...' "N;\lr,.d hen:"]: and
IV. lltlVJftiu.tion of t}i(' prinri{}JiI of aAid lllltl'.
Any d~fK-itOI1CY In tlic tuTIount of 8uch ag~Hzatf' monthly pliynlt'nt wall. unk&J; rnRd~> !CU()(.1 by the
rn-o~ilKOt prior to th{> due <law of thi: next flud\ pavmi'ot, comtltuh' an ('\'l'nt of dl.'(l\ult ufHh'r UlIa mort-
K~ge. The ffiorlttagee mA)' c-ol~t A "iah! tJ-UH-ge,1 lint to t'l:C{",<.J two n:ntA (:.!1) for I'ed; Jollar ('1) (If
~h fJAym<:tH more tiUin tHtfffl (15) daY1J in tHr"ara to CO\f'r the (JxtrA .~J;pen8" In\'oln...J in handiing
d~Hnqu~nt I'<\yment.il.
8 That it th.. t.:Jtal of thl' payrnrfi1Ji Ola.de by Hw rnortgil.80f und~"r (b) ot pi\ragl "ph 2 pr'(,(f'ding shal!
~J,\~i ~he amount (;" 1~>Tr.!ri'lta actually rrUiai'> by tt'1e mortga~. for f!munr} ft"n!.\, t!l)\~ and l\.!j,"\~'Mments
&lId In,!uunce pl'l'flliUm!l, ....! th(l eMe may ~. sut:h e:'(c!",~ shall b.' crt..ht<,d by the rr.ortz'R'~ no 3UhM-qUoot
~la t./) b1J nu.de by tnI.' nlt)rl~'4fOr, if, hOWWtr. the monthly payml'\lt" rJl.d., hy thl' fnf)l'tKAgOT