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~ 37..407
J"oiL V 4UJll ftldnlD, tM ~ pnIllWIe (.) to paJ &0
;\..V.E;UCA..~ TITl..I INSURANCE COHl'ANY
. & ~ O.f1PU1jMd and ~xi.tiln8 und~f
thtdan at rlorid. . m- order, thto pritW:ipahum nf twen ty-r i V~
thOU8and fi..nd 140/100 - - - ~ - - - - - - - DoUan <, 25, oeo. 00 ). WiUI
int.... from tiMe at t1w rate of f1:ye and one-fourth per C'tn\Ull\ (51 ?C) 1)(01
at\lunll Oft the d.,ud bet.~ ;antil pAkl '1."'M Mid prift(i~ aDd intt'NJSt ah"ll ~ p'-yabli: at the ()(fu~ (of
AmerlCAn T1 tle tn'l\.).rlU~C e CG:J11Hl[lY .
in )(1_1 J flor1CLtl . or At au('h ~f pla.ce a.s the
h.o'~r may ~t<< in writina, 1n month~)' i~-nta of one hum\red thl !'ty-e1kht &;
Dollan ( , 1:) 8 . 2 S ), (loau~w6dn,; Otl the first day \If J u 1 y . 19 (, 6. . ami
on ~ f\M1t day of -.c::h fnQClt.h th~ until the principal and intM-e8t.hl f~Uy pAid, Ul"!'pt thAt tile fll~1
payment of the entit"e tno.bWntWA ~~ het-eby. if not aooner PAid, llh.&1l he doo ..nd pA)>able on the
firat day or Juno . Hl9'il . .
if df!favlt be made in the Pl1Ym~l of AllJ lnatallm~nt und~r tilia f;'ltJl;'; A-Ud if Ilj{:h d(lflllllt ilt not mAd~
,.ood p.r1ur to the d~ datt\ of th~ next auch inata.llment, th~ \mtire prindroal aum lUld ~t'Ued intnt''5t ~h&ll
at 00<<t ~~le dlH' aad p&,-abHJ '<<!'ithoot QQlke 5lt the optivn o{ th~ ho<ldu of this nol~, Failure to (''tt'rcilWl
thl.a opt.km ah&U not oonatitutll ill w3.i~r of the rlabt toO eun::ille th.. e.&mt' in the ~v"nl or any ~ul~u("nt
~.JA.Ult. In the t'V\\'J'!t of dt.ofauJt in t~ ~JIlY"W:flt of thia note. And if tho t.a.me is (f)lit"Ct~.o by All Attomey
at law. ~ und~ni6Md h...-.hy ~(ll) to va.)" all (101lU of ooll<<tWn, includlna." <<'aaonJ.i~ att.orney'a tee,
Pr-.e.r;trnent. prot...t., JUld ootk., &r"e hereby VialVed.
($-2.5.00 UtI, te Doc u:;,cn t. r-J'
~)tll~f,S arrixed to o1'16tnn1
note' and cili~l.)allod, )
6/ Willln.o it. Heyer. Jr. l~~Jf11)
--- -"~nT!iim'R;' Rfl1t"Y' ;-",jr .-~--'''-
01 Cora Jane Hej'cl'
...-- ' "-Co-l-:r,-'Jriile"1-rcy e l' -
l ~l h~11 )
And sh!Jl duiy. pr(lmpU)', ..nd fully perfot1Tl. dliJeha.rge. t'~ocutt'. eff{'('t, ~omp!~te, .\.rH.1 (\)mply with l'.nd
r.bld<> by ~.a.ch l\i,ti ewry tht"l e.~il),lJl.atioM. ag-n>emt:nts, c(lnJitionll, .!'Ind covcllAntA of t'aid promis$or~' notl'
~nd of thIS mottp~. tllcn thlA mortl'&I't' ~nd the t'at.ate hl?rehy erN.lt."! _hall t'~;:HH' and 11-t! null ann vOid,
And tho mort'&g'Of further cO"enAfiL"I1Llf foiloW6:
}, n.t ht3 wiU pay the indebtedn~., 8.!\ herl!lnl.reLn.. 'jrovidl.J. l'ri...i!t'ge i~ n'Ml\'n:l to pay the
debt in whole, (If in an amount ('<.IliA! to one Of morn monthly p$l)'menw un th(' I'rinClpaltba! M" lH'xt dUr~
on the nott>, on the fif1!t dAY of Any month prior to mAturity: l'ro\'idt...i, hnwt'vI't, that writt,'lI notiCt! of lW
int.ention t~, ex ere lie lSurh pth'j!f'g(l is given ll.t leMl thirty (80) dAYiI prior to prqlh)'nlent; find, pro\'id{~d
further. thAt in th(' ~veT1t the debt 15 ~~ld in full prior to rnaturity a..lHI At thllt llmt> it i~ ln~lJr(',d undt'f
the provisi\1lU! of the Natinnal Houi'ling Act. he will pay to the rnortgagt...,. fUl 1\I.iJlVllt'ti pH'millnl chl\rgt' of
one per (",otum (1:1(-) of th€' ori~'in,!il principal AJllOunt then..)!, ('xc>,!>t thAt in nn Ht'nt 8haJlthe fLdJui\tl'(1
PflmliUffi eAc~ tiH'! 113gn-jf.l\tf! amount of prl'mium ch..uKe~ which ~ould have l)l'i'n ~>Ayabl(> if the mort-
Ir~ had continu(xi t, (} he inliure-a until matur1t)'; 8uch paym(>r.t to be applied by Uw mortgfigt'-<'> Uv.-.'>n it.s
ohliptlon to the Ft>~ietAl Housing CommiSlliO!1cr on IUX'Ollnt of mortgage in8UTii.l1('1'
2. ThAt. in on!t,r [!Wf\' fully t(; prol<<l th(l ~urity of this mortgar:c, the mortllllKof, togdher ....!th,
and in addition to. the n,l!.lllthly l)j\l':n~fit.a. under the terms (If the note 8e-cUf{"~ h('~t'by. 011 the tir;~t dRY l)f
each month until the MId note Ii f\llly ''''lId. WIll pny t.) the mortgagl'i' the foli(lw\fl){ 8Unl5:
(Il) If thi!i mo.tgii.1{t' and the &Aid note ~"C\Jrc-d hl.ti'by are IOsun',j undpr the \.lrn\l~jon!\ of th...
Natlonll1 Hou!linj'f Act and w long l\.3 th...y c(.ntinu(' to he 60 inMlf\"'1, one-twdfth (II') of the annual
mortgag(l IM\Hanct> prt'l1l1UflI fer t!w puq)(}M' of piitting the mortfla~t:'(l in fund!! I\ith which to di~-
chA.r~~} t.he Mid mortR>.."C'a (,bllg81ion tl) the F.:deral Housing C{)mmiM;i(>n~r for lnorlgagt' inilUrrilH,-t"
pr"f'miufll8 pursuant to the apvHc-Ahle pro....ialorul of the National HOll1!ing Act, 8.'\ nmrndNi, and Ht'&ll'
lAtioM thereunder; the Il1Mtgaj{t'e 8hall, on the t(.nninMion of it" obllf(atioli to pil}' mtirtf(iiKt~ in!J.ur-
I4n~e pn'ITUUfna, (H'(ht it) th~ aCCl}tHit of the m()rta-~\Rl)r fill I<uym('n~ made under tilt' \)rovj~icwjll)f till!!
'll!i)ii~lion which thl' mortgdgee hu not !)(o(Olnl;l obligjlle<! to p3.)' to the Ft~d('n~l I l}\)ilHlZ COmI1lll>-
J loner.
(b) A I\UI11 ("Qual to the Rrnl.llld f('j;t~, if ..ny, next dul', plus the pn'rnilJlfll! that will nnt l>fflJrn..
due /l.Hd J;.'lj'a.ble on polidf'.ft of t'f~ and other hazard insurance covl'riliR the mortj'{!-i;{.'\.i propt'fty, pit.!!
tA'(e~ and S$.~%.f\menta r...:'xt due on the tn(tft~aKe,d prol't'rty f ldl M f'~tllllnh'd by tilt' Itlorl${uj{"....) h'!!.i\
all iHJfJU! alreAdy ftflid t.herefor a!vided by thp fliHnher of lHOllth8 to dllpM~ hdOrt~ onl' month prl()f
to th<7 <U.tJ! when stith gl'ound f't'I1~. prt'miIHiH!, tR:(M, and IL~J>p'\amt?nL., will r<<onw ddinQUi'nt, llU('h
ilums t() lJlfl held by morlgag<<, in ttu~t to pay SAir1 ~f'(Hmd r~'nt.3, prt"miurnJ!, ht;l?s, and Bl~,,(,la.l h."....~.~.
m~ll13.
(~) All t}3ym~ntA IIH:nllon6:d in the two prect'<.Hng llub-s{'CllOI\;,\ of thi.8 PIlTllHrAph ~nci all pay,
rrwntil ti) ~~ rnvl~ under the not(! ft~ljrro hereby ~hail h<> added t()g~th('f and the 38'~Ti.'i8t(. &rt1ounl
th~rt'nf ShAH be paid by thp. mortKilgor N\.ch m!Jnth in 1\ !'lingle paymffil to t!<.' applie-;! b}' the lIlort-
g~ to lb. foliowlnt items in thi'! order set ((ITth:
I, ~Jr-e!rli\lrn chafif~N~ und~r th~ contrad of in~\lral1cc with the F.".l,'ral Houaini{ Com.
mtuioner ; .., 1
n, SCf'Ouno 'rt'!'TltA, tall;eA, M--;s3Mment.tl, tlfl.~, ano (;ther hauud in~lI r iUlt'.. prf,'iIlIUmlt;
HI. {r.:ti!Ielt on t.he no~ l!-<<\lred hereby; and
IV, AmOtt-tution of th~ pri!lcip~ of uid note,
Any dl:lki€llCY in the amount I;f !Juett aggnRat'! monthly paytlwnt shRlI, unl~~ madf goo.! hy lhe
lMH1,.'t?f prior to the rlu~ dati.: or. th~ p;('~t j;wh p~lme-rtt. cOl1atitute an f'nnl (,If default undN thil\ tnOft~
r~. !he m(!t'tjc~~ may c,..l!oct 8 ".at~ chArgt' not t.., ('xct.....d two nmtJ~ (~) tflr N~ch dollitr <'1) of
e&th payment O}(lre than M~n (15) dAYB In arr-eaT1l tD cover the (;xlrll e):pen~ invoh\'d in handliui'
dt-J1nqu~nt pA)'Tr.ftmU, .
8, That if the tuta) of UHi PAYJ1WJlla mad" by th~Hnort~ot' under (b) of parlOglCiJ;n 2 pn:'i:t'l'l1nv,' wall
"..,[ce<<! til.. fJ'Oi)lIflt Qf P4}mt~n~ a-dually mAde hy t.he rnoriiA.i..~. tor gr\)\JJld f\:'ntl'l. taU1\ Illlcl L\.l!Y'Mment4
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