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HomeMy WebLinkAbout1074 l'\ 3S' 4]'1') '. ~f([ ~ d :i ,'" r ~ ,..v '1, "'OM. \'...U!t H,.\'l:IHJ', the uIHit'nigm,.,i l1rvmllk"(1' t.l {tay to ~UL J. HARDY, or Wa..h1n~tM,. D.C., aa Fcd.ral Ho,~lng UOllft\~i1hm~u.) hh 81lCc.allorlS U\d atl!ll~8, ....~~~tt.......i 8IH~.~1t~1'I1I' vf~kr- ~~~4)1 ,or order, the III iMipal aum d ~ -rnO'&h1> ()IfF. HU}{DfU:D~u--u_u---_u_-,,- 1},;lIAr~ ($ 11, HX).<X) inkr\..'t\t {rum date llt th\' rak of t1YO lC\d oOl'.qu&rter \>('( e,ontum ( 51 l\1I11lln~ ..II tilt' Ufl\>,i\IU h'lhlfl<:e Ullt111'A1I1. Th.., (\.!lId PrlIlUp~\ Jind lI,kn.'fll Khail l;.t, paynhlt, at ~ed@rA.l Houft1"" A.1!oitntatratJon \11 Wal!Jhi~t.onJ D.C, ,or at sudl oUwr \I}I\('(' h-' lh. holdl'r may ,je~iv.lIRtl' In wnllng, in monthly in-"lallmel\t~ of ~nTI ooE .lND )HjlJO...-------..----- D~llllHll (f, 61.)8 ). e(lmmt'IIO::III~ Oil tllt' fIrst dl\~' of hlf'\lnt. , EI ~2 . find 011 HI!' l\li\t di\)' of t'&ch t;lOnlh liwn'a!tef until the pnllcipalltnd mkTt?-~t an.' fully paid. t'x('(;pt that th~ final pl\ynwnt of lht' ,'nlln' 1l:"{'btt'\lnt~~ ~vid'!Tl<.'(".:\ ht'r~by, if not !\<)('IIFr pAId, ~lu"l he dUt, lHid payabh. on th.' fIrst Ita)' of .Jul! ,1992 T, w,ll, .~ ) l>t'r tlH' ollie.. of If .It,taulll)(' madl' In tilt' pAyment of au)' 1n8tallrnent uncia till!\ !lotI" lind If lHll'h dl.fnulll'\ llut mad,' good prlor t,. tilt' dul' dal\' of th~' IIt"Xt !li.leh lO!\t1\llm('nt, th,' l'ntIT,- prinCIpal AHm and AlyrUt'd lOl'!H';\l 6hall st Ofl(',~ h,'(ll\lH' d'.ll' and \~y^hie wlthoul nuUCI' al th(> option of lhl' hnldi.'r ~.f this note Fl\lIuI"!o "'\t'n'i"",' tnl1\ optIOn ~h!Ji not ('on"t:lut.. !\ WRI\.'r of till' rll{ht tl.' ('H'rl"I\,' lh" "'JUI\l' In till' 1.'\ .'nt of /ill)' tilllJ~...'llH'I:t def"nn, In llll' l'\t:'nl of dPil\\J!t In th., pa)'l1\l'nt (,( th.~ lIot.... nlld If tIlt' Mille lit coli.-cli.',\ hy fill I\tttlrnl')' at iaw. th.., UndNl!iR!l.~IIh'n'lJy I1jftt'.'('t1 t.. p.,y all ro~l.lI of C(.lil..oc tlO II , IIlcludln~ fl f\'i\Hllli\bll' attorney'!; ft....! l'n:!\,'ntmi'nt, pf'Jtl'llt, and Ilotlc,-, IUi" hl'r"'))' WI\\ H..J, ... :. , J ,,}n:.s '91. H-'f~ ON ,. c .. f" I" } h~,l (( -L AF-tTY 1. !U.H~C'N j V-l,{"'" (,^..i Anci ;!hRll duly, prufl1l'tly, I! 11 II flllly \"i'rflln1\, dnl.Chaq.:,'. I.,.'\-ul,', I.H.-d. cnnq,ld." Hlld (')r1l\,ly \\ :th i\nd &llid\' by 1'1'..1'1\ Rlld ('.....ry till" ~tll'lI!l\tllln~, 1Ii{It"'l1it'ilt-~, (olldltlllll~, and rO\'I'flllllt!\ of ~"Ild pl"rnl~:\.'r:. Ii"t.. ILnd of thl~ nlOrtl{3~1', tht'o thl" lIlortj{ilj{.' l\l,d tb.. "lHHt.: IWY<'hy n"ill....1 !'hall (,',\.,>i,' lilld I": nil!! lllld \ p:d Alld th., !l1orl~l\l<or flirtht'f c')\'I'nallt" :1.'\ f"llo"": 1 That IH' will pay till' lIl:id,tt.dlll'!\,... iL~ h.-rl'llllii'f'!f/' prll\'ldt'.j l'rn ilqu' l~ r,'1<,'f\I'd t" pay th, d,'bt In "hnk. I'f In 1\11 ,\fI\llilllt "'illnl to (.Ii" O( llllllt' lllorllhl\' I"a:,,-m\'fit.'\ (In tll(. I'flllllJ.."i that ,H.' Ill.,t duo olllht' notl', oli OH' first dn:.- of !'Ill)' month \,-rlllr to nlHtur:ly: l'rtl\ 1.1.,.1, !i/l\U'\,'T, that wntt"ll nOlL.',' of ar. intt'lllwll t.1 1"lI'rfi~" !\lIdl ptl\ 11 "l.(" I~ >:1\1'11 at l\'lLf\l thirty <;-\0) day;! J'flol to PI"Il/I} IIH'llt; Il.lld, pr,)\ul.>d furthn, that III tiH' .."..Ill lbl' d.-i)t i;\ l\i\ld Iii {ull pnor to matllrlty an.l at that tun.. It I~ ill"UI...1 undt'l tht, provi~l(lnll of tht, :--;ilti\lll!\ll!ulI"i:iR' Act. III' wlll\<a\' to ti,l.' l!lortKiI);:"" IIll :L1!lll~,t.....! !'f.'IlII1J11l dlllll\" (.r Ol)!' I,,'r n'ntUni (I r.;. I (If till' llrll,[Ill.d prl ll\l pal amount th,.ft'of. .';>.n'\,t that III 1111 l'\ "111 ~hFlil th., ad)lht,...t pTI'IlJlUIn l'\u-t...l th' I\~~rl'~i\t.' amoullt \If l'f.'nlllllll dlfHK"S ....hldl w"llld ha\.' 1>...'11 !l.'l;ial.!.' If lilt' rn"rt, j!1\R'1' hlld ('olltlllU,...j t.. I~' II1f111r,..J llnttl Illaturlty; KliCh pa,\'lIlt'lll to I". 1\1'1,111"" i:y th,' Ill\lr tjotil~:"I' \jl~"fl 11-'; (,hlllCl\liOIl to lhf' F"d,'r..i \!(Ilj~llly Comnll~,~IIlIIt'f PI\ f\(count of Inllrtj::'all'1' lI\fllHiHH"'. ~, TbfiL IIi order Ill..r.' fully t,. prllt.:<:l thl' ~....'unty of thi!l I1lOrtl\l\\<", th., mtltl~l\l1'f!r, ti'j.:dh"1 With, and :n addll'oll to, till" Ill"nthly p;\vm.'IlL>\ tJlid,'r th.' I,'nll,; of t1w Iiok !<'.....'ll.-.:j l\I'ft.Io\', IIll II:., l!r~t day of ,...adl llIonth until till' !'<i\i,j llllt.' ,:< fuli\' pilid, .... ih pHY to th., 1Il1'11j?i'\1<"" th.. f.,ll.," Ing !'1I111~ (tl) If thi!\ m(lItiU~j.(" Hnd th,' 1\.1111 not.' 1','clIr.''\ lwrd.\' ar., ill.'\un'd lIlId.'f till pr.... ,!lllln~ of th.' lSi\twnal lltj\j:;IIl~ Ad lind t'\<, Ion;.: :\!I th,')' lI11dlll'll' l<> !.... f,lI lnS\llnl. ,,11.' tl,,'ifth (l1.l pf th., .IIIIlUa.! murtl(il:.t., Ill"UI Hn':I' pr.'lllillll' 1"1' lh,' f'lI! I".'"'' I)f 1'1Illilll( th,' :nlJrt~Hi-:"t' Ii. i'uid" II lIb II hl..h to di~. (hi\TX-I' th., ~'\1l1 !1l1,rll{il;(H"" ..bh,;iilll'll tll th.' F(>,I"1?.1 11.HI.~iii~ CUIlIIllI1\!lllllIH i"l rn(oTt~;I>r" If;"uranc.' j'rl'llllllll1l'\ punwant tl) the Rppl1rl\hll' prp\'l.'\ill!1!; of tt." lSat:IlPf\l lIo\l"inR' Art. 1\.,<; !till"!!'''''!, Hlld HI'j(u IHtlllll~ thn\?Ulid"T; thl' !lll)rt~al(n.' shall, 011 til,' lelTlilnal.I(01l Ilf It"\ "hllgati'lii to I',')' rr,"rt).:il~" lll"lIr, ;\lK(, "r.'I!lIUrnS, cr.,,jlt 10 Ih., HCCOUllt "f th.' !1lortj{;\i{'.lr all !'iIYJ:,,'nh rniid"\Il,.!.'r IiiI' j>TP'.I;.llIfi" (,i thli'! "'1['~\' li"ll '" hlch ti", lllultj{li;(I'e !in,,, /lot l,n:llTll.; lIull;{;.t,:,1 to lii.y to th., 1-'.,.kl"l J I"",,,,:;{ C\Jnlmp!. !' hrl;I".r. ('.) A l!\H1i "'l'ia! II! th"l{rlltllid r.rit.~, If nny, lll'xt dl:.., plu;; tll" prf'nllllfn" lh:,! will :;,"d IWf'I;!l,.' till.. and 1'1\ll\h!.,..1i ,,,.!ICII.',,, II( ftr.' and ..tllt'r ha2,\nlln~,\Jrim",' fO\'I'rl!l~ till' nl<>! 1/-,.\;1"'(\ I,r;op.'rt\', "Iu,,, tiP..'.'! aH11 n.....>;.f,...."fll"fltfl lIi'xl dill' un th.. lllOI tga~..d [If!)l'l'rl\ Utll it,,, t'/lt!!llat...II.\' th.' Illi'Itv.",,;,,'1 1.,,,-,, nil !lUIlI'\ nln'ady paid th,'l(-flJr 111\'1<1",1 hy lIw ll\lmi,,'r of fillln! T1S to 1'I;1\>1l" t",f"Tl' 'Il... IlHllith 111II)r tn t!w dr-d.' when ~'lt'h ground H'lltS, Ifr\'lIlIUf1I8. ta;>..',.;, I\/ld a,,!->\','\Ml!\'nt~ 11'11; i)l'<."lli.' d"illi'jlWllt. 1',[1('[. l'-\Jlll~ tll t.., Iwld hy rnortprii,\!'.'\' ill tnnt t.. l":l}" 8ald Jrlqur"l :t'llb,lill'IlIlIi!lH. ta\.'s, ;\lld ~p,'('iall\:i.s,",,, lllt'IIU, (f') All paYIi...Id,A li;"lilp'lil,J 11\ till' t',,, , Pp-CI,.,jU'llo( ,ub.s,,'dilHI~ ..f thIS I',HilllrllpL nnd nil \ii'l)" nll'lll:i to lw IIH,.de \l!ld...r th,' Ii;;tl ~",tlT,'d 1\I'n'!>)' !ll.,ll b.. add,'d t',)I{I,thl'l ;lnd till' 811;(P'j(:,t.. illn"unt tilt'n,,,f !'hall I,,' !,ilir} by tht' m"r!~ilST.,;r PRell 111 'nth III it ~,lllld" l'iI\IlH'1I1 to I.., apl'!i(',1 hy tb., mllrt. }(clj(t'(' t'l thp follo.....lIl~ iklllB In ttlt' order I'A'l ("rth' I. prl'm!urn (hllfi(Ut. undpf th,' ((llltrad (If 11l'<urallCt' wilh thp F.,.krl\l !In\l!lll't:' ('om, mi"~:OIl..'r : 11. ;i'rolJIHI r"n~, tAX"3, a.~!\('s..f'IlI\'nt.'l, ilft'. find lIlll,'r It,.l'lffi !n,~llr;\IiC' r,tIl1l1dllU,; ill Inl,fJ(....t on th(' nlJt.. ,,('('IITl,,1 b'n'!>y; ;"ind IV, amortili<lioll of tb., PrlllClp;d of !lhid not.:, Any ddKIf'ncy In the amollnt of IlIch J\?(l.rr~i{,\h' lIwnthiy pavrnl"nt p,hali. unle-M ml\d.' Io(,,,,,,j hy It.!' mortg..~;)f Ilfill( to till' (iue da!t: of tht' IlI'X!. tuch p;\yrn.-ril, (UliRlltllt.'!i1l \'\.'lit of dda!)lt 11Il,io:r tltl!! milrt- R'll.lll', 1h(' In.''rlj{ilgN TIll\Y (',,)lc,<t II. "lat.. ('hlt~~'-'" li.,t to I'X(t...:~t two C\'I\\..:i ('!.!) fliT I'1i(h d,dl;lr (f!1 of each pl\yrrH>nt nv)n' thsn tHtu'li (1[)) day/! III IHT('Ar8 tn o'\l\....r Oli' 1':Y.trl\ .'ql"h:W 111\0111'11 II. ha!.dl1nll dt'ltnqul'nl p.llym('!it.i. . .~, TI,at if th<' t(,tal oi Uw pa}'nwntl'l tllll!l,.' lJ{ the mortgagor undl'r (t.) of pal llpaph 'L I.I.-{.,.,jlflj..; tl-hi\H exc'l'>',d till.' iU1Hlunt tIt [)"yrrlt-'nt~ a,lul\!!v 11\".1" Of tnI:' mortl{IlR'I'e, fl)r Il'r<.HIfl,1 p'nt.'\, lEnl'1< IIn.\ lt5.",.','VInH'nL~ ~ ...~". r...... ... -~. . -+ .. :." ~~. . ~". .' ~ . . .