HomeMy WebLinkAbout0747
38w.t46
t'<JIt V llV" .t\.J;;{R1\'IW, the~' .,' ~(li ~ P6Y W,
' ST.l (n,"'!l.H~,
.cCA IQl!QAG& COIPAlY, 1.C.
la~~aad~t.Iq~
tM 1..... of S tate or Ploriu . or order. Ow ~pelMm of il"ven
Thouuand 'Three Hundre4 '1ft)' and O<)I~ t. 11., '50.00 ). with itl~t f~
d.a~ at th~ nt.te of rive a QDo-fO\U'th par MGtam ( 5t "', per ....,. UB the ~jd
balance until ptd4. The Rid ~ .. ~ ... be .,.... at tJM ... ot
McQlUQ8.d 11(11 NAQI COIP&.n. tI'C ·
m Coral Q&ble6 'lonia ,.iIt....~phceMtMbiIi1clerm&1~~
Wl1tiaC; m lllOtltWy ~ tI 11xtl-two and 71/100- - -IIOllfan (I 62.. 77 ).
<<mun~in<< V<<l the am Uy of l~. t'62 .... - ,tM ant dA1 of efl\('ft mooth ~,
a.ft.f'f until th. prindpaI aDd mt.... .... ,. . uoept that tM ftDa! ~t of the ..\.ire ~ ~
.v~ be:-.b,.l! DOt a:oc;m.v p&W. ab.ail be tine and ~ QIl tb.t ftnt 4a1 of June . 1192 .
If default ~ m.ade in u..e JlIII.Y1D8t of .,. ~t UDIMr tWe ... ud if ndt cWM1.tt is eot ...
aood prier tc th~ due date uf tM nd1 sueh ~~,t, tlM ...w. ~ -- ad M&'!I"\ti'Id ~ IIYB
at (IOC(l ~ _ ud ~,,,-abW without ~ at the opt{.oft at * boNIIP of dais.... NJwe to UercIM
th1a optjotl ahaU not ~nrt.e a nfl!r of Uw ....t t. 4*!~ Ute __ ill tM e'n!llt of An)' subtequeat
d.ffa.utt. In UN! ~t of defacit ill tM JlClJ'!Mftt cd thil \KIt$. .... if \1M ..... ia coJliIeted by u atWnwry
at law, the u~ ~ ~(a) to PlY aD ~ .t ~, ~.. NIliIQlU~ ait.orMy'tl t...
};,~tJnent.. ~ ..... ~ &R ~y ......
!!l~!O~~~,'.r _~'________~,__
, &lO~ a. Ba.1t.r . , '
/~.l,^!~21J~_&' ~~~~,;=-----~~,--
Verna 1. Hayter
r. .
'( \.1:'"
~'~~!l
---., "~_"""",_"""",,--_,,,,__4;__,",-__,",_'_'___""""__'_""""_-~---- -,-~.....-
_...._.___...3-_.....-__c_....______________._~~.........................._._...-__.......__.. ............--
And sba.U duly. promptly, ud fUlly poerlortU, c:ti.telw'Jlt. execute, eftKt. c<<n~ and romply with u.d
abide by ~h and ~vuy the .Upu1atJOM, ~t.. CODditiON1 *Od ro\~t.s of u1d prom1.Horr note
and of wig nHir1P1'\'. then thlb mc~ and tAl!.u.u h~ aated ahAl! CeMe Md be null and void.
Aud the ~r furthe.r OO\'fl\A.ntr! u folloYnl:
1_ 'ThAt r~ win ?ttY the iru;eb~n~, u henlnbdore provided, Pri...~ i:6 ~~ to pay th~
debt in .....ho~. or in a.n L"nount equal to ;;1M or mot'8 rnont.hl1 P*YJ'I'*l~ 00 the prin.eipal that &.l'tI Mxl due.
0.1'1 th~ ootli'. on thto fir'll day or any month prior tu maturity: Provided. hf>.~vet'. t.h.&t wrii:tl!n noti~ of An
!!ilt!lition to t'urClM &Ut.'h privH~ ia liven llt l<!':Ut UUrty (30) da.ya priort.o p~t; and. pro,,'id<<i
turthl!l'. th&t in thE' event the debt ia paid i.a full prior to maturity cd at that 'tirr:w! it ia inwr't"d under
the proviaiQns cl ~ NatkOftal Houai~ Ad, M wiU pay to thfl ~ an Idjutlted pnmiu.m e.ba.rre of
~ ptT tflltum (1 %) of tM ori$iWll printipal amount th.e:noi, except tbat in DO ~t.haD th4' adjU&Wd
l~ium ('X~ the ~p~ amou.nt Qt premium ct~ which would t:uan hoNm payah!e if th~ 1'JlOrl..
~ had rontinU+:i ~) he inJ.ured unUi m.at'.1I1ty; Meh p&yfl')lfUt w be applied by th~ nw~ upon i~
,-,bljption w tM Feder.u Houaing C<1mmi..iont'!'T 00 k'(;()Wlt o.f mortpaot ~.
2, n-...t. in order tn',)re fully to proteet. t.b~ JeC'Urity of tJUt mo~. tb. ~f. t~~r with
, l\o."ld in addition to, tM monthly '-}"llWl\ta tmder u.. t<<rm3 of th~ ~ l4iWrwd nenby, on th~ fint day o.f
MCh fI-ii;nth until th~ pJd nQ~ i8 fully paid. win pay w tn. ~ the !otk.twUi. 1lW'f',.8:
(a) If this m<)rtgaa'F and th~ aaid note ~n',1 ~y A!'\' \uuN-d uno. the pr(lvlaion" of ~
NaUon.tU HownnE Ad, "-nil &Q kmg a& tht'\Y contJtllJ~ tv ~ I{) in6uft'd, ~.twejfth gi i) of the annUAl
ml)rt~~ iMurance pf't'miufIl for lr.t' ~'Uf1~)@<(> of P'UtUng the mo~ in fundG with which to dill-
chMJ:t' t,he, t.aid m()rt...~'~ ohhg.tiiJtl to the f'~nrJ lkoWLifl&' t"'..ommiNkFtl....r for rnortp.J't' iMur&.OC~
lJn!miunus punuwt t.o t.h~ Wp!i<.sble prtnisiot",A of the NatiCNJ Hoodni Act. M smt!nd~l and ~-
!J.tiofill thereunder; the nw~ &hall. on t.hil ~nniMtioo of iu obU,p,tiqn to P4lY morts-~ hl'UT-
G.Ik~ pt~nllu~~",cr~it t.) the~, ~,ount of th~ nwr~r all pa)"f't.~ta ~ u~ ~ prt)vi4im,~ of tn, ,iI.
~ub3<<l1(\n wnl<-n in:,) ffii)~ptI h.u j.1ot t~ ~ to pa.y to the Fedeml HO\lS11li' ('ArM".....
lion~r. ' "
(t,) A sum ~lu~l to th~ Il'O'Qnd ~d, it tu'\y. MXt dh, ph.. th~ pNmiUi'h8 that 'Will Mltt btX:-om",
QUt.' and pay~h}fJ vn pohdea f:t t\nt and .~t nu.aro i_u~ ~nlf tiM: m{lrt~as-oo prOpl"rty, pl~
t.9.11,~ j!ml ~&$mtmUs M:Jt du~ {)fl tht. mart~ pro:r.ef1'Y (an u _ttm.at.td by ~ rnort~t'Je} lea
all $\J.rrlli tUN:'My paid th~"ffR' divided by tM a~r>)i !'n4Jlltlu ro .~ ~foN.l or~ !'n(}f.t.h prior
to tn., da.te Whl'r.il .ueh fn'lu,M n.tltl, premhmm. tA-xea. and ~met:\tlI will t~ ~Hnq~t. l!i~h
Jum.;J to be he~ by fniJ~ in ~t t.() pay MUd jTt\Und Nmb, pN'.miu:lm, ~-, and .~1aJ ~.
mtiila,
(~) AU p4lymN)U5 mentk>>f'~ in tM two pl'~inaf ~~i~ ,)f thiB p..nr>iTi!lph and .\11 ~~
m~b to i:e m~ u~t th~ ~ ~.n;d M~by ~hAlI be ~ t.....tt.M &cd the ~ ..ru,oont
th.rwt ~ be pa.id by Uw lOO~ ~ m"mth in li. J-inp. ~YtrP!fJt tt1 ~ ~~ by tt.~j t"U(~ft.
r~ to Ute fooowin,- i~ in t.M ~r Mt fcrth:
1. p~hun ~ ~r the o:mtr~t or itlSlJ,r..~ with ~ f.'~nJ HOWling C.qm=
rni~i':JMf ;
n, ~und r~tk. t&l~. Ui/!.~-;;t'HWi; f~n\ i4J1J oth.::r h.M~rd iMUr~,(".J pf~J;i\m'.s t
m. ln~n~1 fj11 the oot~ ~uNd h~ ; iU'~j
tv. am()'~ ci thl!' prioclpaJ vi 3Aid G~,
Atl,y <11.:ik',*gty in tht1 1Ur4>unt ,,4 ~h q-rr.u mootM)' ~~t lth-illl, i.Hd~ ma<,k i"':.;>t,t] by t~
,mo,3....p.r9fPTi-J}- tAl th~ dU<<'J dAti> <tf Ul~ r!i1xt ~t. ..pnflA 1~itllUO "'''l,' t',~~t fif, ~Q."lt luvwr: tM411~
~ ~ ~ ~1 c.oi~ " I'J.a.W etf&r'p ~ w ~ loW!) ~~ ~~j {;}f ii:_h dollar ('U 111
~J\ ~ mort' tl-..w t~ (i~} d.&,)1\ h~ uru~ to ~ t.k utJ"A ~ ~~~ ~n n..rjjJx.4
d~m.l~t ~~U!.
8. That if t.h't inUt\ iJf th,~ ~}'11..t8 ~ ~~ ~t' O>>} o! ~ 2 pn>e~G$lJ;hat
u~ Uw ~t, 7f}~YU-~~ f;rl&filly". ~~,' , " fot~'ft(\~. ta-x~ tm~ ~-~
~!. tf"J,U~'1! ~j!~. M .h. ~ mar ~ , ~ IbaJI ~ by w ~ nl~ ~
~u tJ> b4 ~ by b.').~ ~~, It,~. ~ ~~~ ~~m ~ try.~. ~
_h__=~ __~~_.'_""'~'_~ .,.~~..~~~,~~iIi:~~,-~!.-.l-40-L~lll~-~---~i$$f -;~~,~"~~~~~-~~::~~~.~:_:('~~0:~_~
_._____. __ _,_ ~_L_