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.'0& V AI,US RltclU \'EP. UIO und~rl-1l'Md prom*' (.) w r., to
I<JO.lOGaAI ..NAB C<*P.\Jl fIle.
. . corpqradon {lrp.nind a.nd ui! Unf U Ix.l~r
thela..at Stat. of florida .Qt~,thevrindpahumo( Tan
Thousand 'F i vo hundred 11ft] and O<Y1Q{j)(lUan (, 10,550.00 ), wlt~ illtN,'lIl from
da.t~ .t tht1 nata of '1". a on.'" our \h I*' C*itum ( 5i ,,) lief a.nnum un tht Uill_Id
h&lanoe unUl pa.1d. TNt Mid priAdp-.l aDd Intcnllt &balt be ~ at the om.otl of
Mo<aUGB.U MCIlTGAOI OOlllPAIl, IRe.
in Coral Gable., 'lon". .~ataudiothft'plk"Nth~hoki~n\.llYl~-Migfl6t.eifj
writin(, in monthly In1~U of liftY-flight twd '.54/100 DoUan ($ 58.34 ).
rommencln, 0-0 the ftnt dAY of Al,li;UO t . 1962 , and on \h@ ftrat Ita)' of (ach month ther&-
a.ft~r unUllh<! prindp&l and Int~rt'Ot a:rt'l tully PAid, u~vt that t.h4.ll\nal pA)'rnf!nt o1lhe entire jnd~bt~ln~
.v~dene<<l htrwy, if not ~lOner paid, ahall ~ duc &lId pa.)'Abkl on the "nl d&) of July ,1~)2.
It dt'tault be rnNk in the pa)Ti\~tll (If An)" iMt.&llfJi~nt under thiA note. and if &\1ch d~(AI.l1t il\ not OlaAlc
rood prior to the' d\..!~ dAle of lht' nf'xt auch in~t-Allmfflt. th~ entin< prin('ipe.} ..urn and "'-~rut>d intH~t l!h&ll
at {'CWoi'> b<<-ome due and pa;nihle without nuti('e il.l the option of th~ hotdt'r of thit. note. FaHurt' to E''I,(>Tds.e
thill option IIh.!l1l not COf\l\titute A.waiv~r of the rirht ~ tx~rd..-, thl' Ullltl in the e'..ent of aIlY sU!.~:1-N1Ul:'llt
ddault, In the eVM'lt (If ddault Ifl the paYIlll"nt ol tOl8 not.', llnl! If the ....me III collt'd('<j by ion attorney
at lAw, the undNAirn,,1 ht'rt'by agrc-e(s) to pay all e>...t.a of c.oil<<t1ou, Including a i~uonAble Atlvrney's fee,
Pre~ntment. lJ!~)t~t. And notice Al'e hef'\'hy wah'oo.
/10 I '0,. t\, ^Ii '!:}rlY';;.tnr1j.
..../_ .{h....dJ,.._J. _.!-......_.lL'd
Ruth W. Boruodi
And 8h8.l1 .1ul>-, IH(lfnptl:... Rnd fuliy r~doml, di~haq{t', B('('Ut€, df~'(t. wrnplt'te, And comply with and
e.bld.! hy each and ('v~'ry tht. ~tll'l1ll\tlonll. ll{(rt'1.'mt'nt!\. condltIOO!\. and ('t)\Tllanl3 of ~Rld !,mrniMory !lot<'
lU\d of thl!\ mortgaJ(''', thefl this mort~RKP anti thl' t'8tatl' hereby crt'st,-,l shaH ~'t:',f\se fllld bt.' null find Hlld,
And till' mortgl\ROr further covenants ax follu,," l'l:
1, That he v.ill pay tht' lnJebt,,'dnl'M. ~ hNl'inhdore plo\'id,,,L l'nvill'll" i!\ T,''!\u\,f'd In pay th>'
dlOht in whl'l,', or in 1m .ll.f1\O\lnt ('(iUnl tl' (!ilt.' nl" more !llOnthly payment!! Ilil nIt' priflCli'i\1 that jH,' 11<')(t dll"
on the II/>tl'. Oil tiw hr8t dRY of l\ny month prior I.) m&turily: l'rQ\id,'<:I. hU\lod,'r, Illltl wnttl'n notl(,' of all
mkntlOll to i':J;,-'rcI8~ I\UrhprJ"'lh~I' II! Rl\I'O at li'iUl thirty (30) dRYS ~Iri..r to pfI'pa)'T1l('nt; and, I'TO','I.!!'\.!
furthH, thAt III the E'Vt'nl thl' "l{'bt i,~ ~,,'\id in lull pn'ir to lll&tUflty anll at t111H tllll., It i... In:iUrt'd under
thl' I'rll...il'lOfll! of till' NAllfll\l\IIi{li.l!<lnK Act. he Will 1\1\>' to thi' iIlorliC~i('t' all adJ\I;.t.,d ~111'1Il1UIll chr.r){l' of
mle ll>l.'f ('t'nlum i 1 r~) of ttll' or!)lIIUll pTlnclpalaf1\ount then'of, (':J;(i'l'l tllRt In [;OI'\t'llt :\hfill thr' adJu,;ll,1
pn>miunl l,)(({"!'(j Ow j\j{~Tt'KiH" Rn\ount of premium dllHj{l'ft .....hkh would hi\vl' I""'\l paYAhle If tnp mort-
ia~r' had continued to 1>(. inllun'.i until mAturity: /llIch paynwnt to I){' ftp\,lit'<i liy trio' filoTtr<aKt'{' UpOII it.s
ohliKatlO1l to the h'.lern! lIo\l1\I!lg' ('(}nHl11~lUlIi'r on M'count (Jf mortgl\g'" inMlfiHKi'
2, Thl\t. in Ordt'T more fully to protr",! till' IH,<Urity of thin lnortgaj{~', till' f1wrlj(ilR";,)f. !OJ;rl'th,'r with.
and If; lUldlt!on tll, tl\\.' mO\lthl)' 1>a>'f1H?nL.~ lmdN the tt'rm3 of tilt' notl' ll{'curt:.d herd,..., on the fust .11\>' oi
N\l.'h ll1unlh until the Mol;1 not~ I~ fully paid, ....i11 pi.y to the rnurtgagl..... the fo\lowinll ~ums'
('1) If thl~ mortl(6~1' and thl' Mid not(' f,.{XUrl'l\ hl'rl'by IHP In<,ur.,.\ und,.t th(' prO\i!\lOl\ll of tl:"
National ""\l~lnv. Act and ,.,0 ionIC ll.." tll,,!, (.:ot'"UI' to l*~l lIi1\I/r(~!, nn.'-t w('lftb (Ill) of thl' annual
Ill'Ht~ilj{" in!\UnI/1C" IHynllU!il fllr llH' purl'''l'(, of puttlnl{ th.~ mortR'IlKt"t' III funds \\ Ith Yo hleh t.. dl!\.
chJ\r~.. till' !'oat.! mOft~i\g~"~ obh,f.fllt/'Jf\ to th~ h:'dt'raJ lIo~,I\i!\R' C{mlJ1H~!\I.'nl'r for rno.rt1f~l:[t' lnliurlinCt'
pr.'OlIIlIl\II :ltJf1'URntto tht> app!lc.abl(' pfO~'jllI01\:'I of thi.' Nat:onl\llIou"tnK Art, 11.1\ amp/Hit"!. nnr! H..~u
lations th"lt'und,'r; th.. mOftgaR'{~ lIhnll, on tiw t('rTi!II\l\tion (If It.':! (,bh;ciltiOll to l!a~. mort){ft~1' 1l1~\H.
:lnn' pl'..rI1P.lm~, n."lit to thl' !l.C('Ount "f 011' mortgilRor 1\11 pil.:rrnenL'\ mad,' UIl,t.-r tllt' I'r"\ll'Il"ll~ of thii'
"\lIk"tl('rl whlrll till:' rnortW'r\g~' hl\,g llul bC1'..ome ('.bhi(l\I..".1 t~l pay f.,) the Ft~klal Il"lblllg Cumoll.'1.
'i(,n(~r.
<bJ !\ ~tlln ("IUlll tn the fCTound f('li!Il, if i!ny, n(>xt du(', pill" t.h.' pft'rnium~ th..t wl!ll](',t 1)(''('OIH,'
QU(' and pay,d)l.. on 1",..licI€>:\ "f fir.. IUlll ..t\;.'r haLllld inr,lIrflllCl' c..\'t'rlCl~ li," Ill"! tK.Il{nl IT"I",'rtY, 1.lu;;
t.'\',I'~ and a"'l\t>1\!VIlt'nl~ nexl dUi: <HI th.. /IIorljtilgl"; prol~rly (all M .'-!Iti/Illtt..'! h\' till. ll\("tl{ilj.(,.d 1.,<\.'1
al! i\IUIl:l alrt'a.d)" I"'iid th..n'for <11\':.\(".1 by tlJ(' !lu!I1lwr ojf rnl.lnth~ tl' I'I1\r~"'" Irt'(ilr.' '>1.,' rr"'llth \lrliJr
to the dnte when !lUClI 1{(l)und n'llt.'\. pn'lIilUfl!"', t.H':"!!, Rnd ll..'U;......!;llli:nt...~ wllllwlllnw d"!:liqU"f,t, Iltlch
Ill!nll II) iY\' held b,- /Tlort)ll\g,,,,. in trust to pay iJ.aid Kwun.! t!'nl.8, prt'miulll!i, taHiI, .Hld iil)t'<:lal a..,.,c'\-'\.
tnl"ntA,
(r) ,\11 pa)flll'nts /i1l'IltWIII'.j III th\.' two pn"I"lin~ ~ub~.,,=t:"ll~ (If thl" pafili(ri\ph Rnd fill pilY.
mt'/it.ll t,) l~ IIlA,i.' unllt-; til... not., ,,('{'up,l tld' t.y ~hii.1l hI.' add('(1 t"KetLer iti1d tht, ft~li(rt'g"t;: fi/illJll~t
thHl"',{ shnli II(' paid by till' mortWdgor [-He;' lJI,nth III it !llngl,' Pl\YI!ll'llt to i~ appli{'{j by till' mort.
gai'~ to th(, !ollil''''lJl^ itt'lll.'! in tb,' Ordt'T /let f'lrth:
I. pn'manll dung"" under tllt:- ['JlHr&!:t uf lIlllural,((' With thl' Ft",],'rl\l 1l0\l811iil C.Jnl.
1Il1Mllj!lCf;
Ii. It'PllJl\d rentil. UlX.>8. ll.boiHl1..'W,('nUl, lir.:, tslld other l!lu~r\; IHliUI<<II('. 11l1'!l\I:lIna;
Ill, HlleTt'5l 01\ the n()t~ ~'<\IH'd hc:rdJ)'; land
I..., amortiution 1)1 the priTl\'ll~i (If uid lIutl'.
An)' dd\,~!(>n(y in th~ a!lp)unt (,! i\uch f\lI.j(rq{ll.t.. monthly p!\)"ITl('nt !!hl111, tlnkM Tlisuh' j<nod hy lh.-
m'_lrtgll.~?r IJtlOr,to the rlu~ dlllf' (,j ttli'.:iI''lll\\lCh P~illi('nt, ('(;f\!';titut.; iW I'v"nt (If ddault undt'f thi~ nl'irl-
!rl\Ke, 1 !II') m('t,~BKt'(' may cull{'{"l n lat.. rhllfjttl tlot to .~x('...:d two H'nt." (~~) for {.."\di dolli'r (, I) of
NlCh p~pr.t'nt more thAn fdtKn (Irl) d!\ys in tnr"iUll to cover thl' ('xtrs (,Jl;I)>'Il~' illvolvf'ii Ir\ handlln<<
delinquent ~!i\ym('nt.s,
3. That ifOw total I.;~ the payrn..nt.B II\~dl'brthen\l)rt.:llliQr und"r (f)) uf p~n..grBph i: pt('CI'.!Il,g ~hali
~:l<.~l tile l'.mount of pa,m"lIU actually O\~{lt. ui the> lIiOt.tgll.{il..... for ~('(J!,J/ld {i'nl,., taHfi and a!'$>'u,ml'l,ta
And In..;urance prl.mIUm.8, AlA 1),(> (,,81;t~ ml'\Y he. Jlud\ ,':J;(t:'8.illJhalll"'.' crt:Jlh"i.i by the TllOrtg3l(('.: Oli l\ul~''iIUfmt
{a)'lnenY to hf'l rnl<.de b)' the mnrttli.li:or, H. howevrr, th(l monthly p.~lm':l\ts m~d,. by th~ to"l t~pj.gor