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l''i.* V AL\ni l~~Yll.l). tbCl u.c~~ ~ {t} tc pa1 ~
MCQAlJQ8.... ..ftA.a COKP4.I't. IJO.
. a tOt ~tioD orpaiMii Wld e-1JttU4 u.n4u
UN!aM" Itaw of '1011._ . QC~. the primipa! t\mI of :Eleven
tnouea.nd a.n4 00/100- _ - - ... - -1MUan (I llwOOO.OOI. 'With lutenli6t trt.1t.ll
dAtA at UM nl"'" .1.. . ....... tcrartla JIII!'''~ ( S 1/4 Jr) JWt annum \lO Ui" UI1~
~ uMil'" fte ..,. ........ ...t....... .a...D be pqabIe at the oft\oo 01
-=cA~, ..tciAII Cca:l~. me
m ~N1 Qabl.. non4a ," at Mla.-e ~.. "th. bolMr ~ _ipate In
writJac, ~ ~ ;I..... Gf aixty-four ~4 24 100- - ~ (I ,.. 24 ),
00111~ OIl the ftnt da.1 of AUgu at. 19 62, aad 00 the I\nt day of.-.rh month tht'....
a.ft.f1' QntH th'J ~ip$i _ inteJ'eet are fuli7 paM. except that the ft:uJ paymtmt of the filtil"9 indebtt'dMiU
". evide--ne.,d ~.lf not ~ ~ thall btI d~ Alld parabk tm th~ ftnt day of July , 1992 '
If ~f.wt..be row In u.. paj't:MOt ot any i.ut.allmaet under thi.. fj()te. &Dtj if a\Kh dsf.ult itl not rude
sood prior to tM dlM d.a.tf of u.. n.xt I~h LMWlmtllt. the eotlT1! prlndpal .um and ~\H!!d inUff'fit .hal!
At onot b<<.ome d_ a.Qd J*,Yabkl "iU)i)tJt nvtke At the ~ of th~ holder (It tM, not.. Failure to eurdJ.f:
th~ opticm ~I not t".oMtitute a wa.lV1"r of t.h~ riaht to e:urdM the NU'l\e In lh~ fVt'?lt or any ~ut~ut'nt
d@fa.ult. In the tr\'enl of dd.ult in the ptlym;mt f:t thU IlW. and if. U}l!l I&m<e I. (1)1It';("t.-,d by IW AltotMY
at-law, thft U1llkrtliped h.~1 ~(.) to pay..u eoatt of coU<<tiQn, in<.'ludinc a ~ .ttt)rn@y's fee.
PreMntmflnt. pro~i, and MW:e an h.reby wtJv$i.
.. <.f~-ift~-fti:{:~i}---""--
11/_.A.J...lo.L..lL. _ Ando.IlI Qll --.------
Alto6 M. Anderson
And 8hall duly, prompt.i~.. a.nd full)' per-fonn, dl&chargl', \;,lHlot.-ul(', effi~d. c:oml'll.'h', nnd comply with l\nd
ahld~ hy fOndl And eH'ry' the aUpulAtion!\, Elgrtc--ement..a, rondilbnll. and eO\'l'nanla of Raid promll!~ory note
and of lhi!\ rnortlfalf'!, thf'o t.hi8 morlgag~; and llH' {'~t&tt. hH~by cn:'<ltt."d l\hlill ('('SUH' llntl tw null and \nid
And tht, mortpgor further confl1\1lUl AS (oHo."~;
1. ThAt he will l~' the iodE'Ltt'dncu, M hereinl't'(ore pro"ldr....L I'rlvilt'l(" i!l I i'!U'r,','f1 h, PAY tnf
dt"bl in whole, or in an t\lnotwt t'l.jual t,) onl' or nWft' monthly l~>'TTH'lltl\ on th.~ prillcipal that aN' ne~t du!'
on tiH' notl', on the first day of any nH.mth prior to ml\tuf'ity: P,..,wiol'ti. howt'VI'r, that written notici' of An
Int.entlOn tH t'J;ercl.e auen privikge I$. given nt leut thl!'"ty (30) daYfI prior to pn'p<I~'nwnt; and, providt'o
turther. thAt In tht' t";\'rr:t ll:.' debt ii1 paid in lulll'rioT tl) maturity ard Rt that lmil' it l~ inl\UH'fi unfit-r
the pro\lAiollS of the N..lwnl11 HO\1l!.inj' Act, he will PAY to the mortgllj'ee an ll.dJu;llt'<i premium rhllrgt' of
ont) ~wr centum (l ~~.) of the origlllAI principAl smollnt theTl'uf, l")(c('pt thAl In no ('\{"nl ~h!\lI th.. i\.dJIJl\tt-d
premium BCM'd Iht' lliJi[r~l{at{' I\mOll~lt of premium rharg<-ll whkh wouhi hlWf' 1.........~Tl I>AYl\hlf' if th(' mo~-
gage hM eonllnu..d to l~ ITlI4Url'i:l untll maturity; [luch paynlf.>nt to lN' appllt...i I>y tilt' JnortSlRR"t' upon IW
obliptiol1 to thi' FNf'TAI HOUlIiilK COmmlBJllOller on Ilc-.:ount of lilortsriig,> l/ll'lurancc,
2" That, in order mort:' fully to prntt'Ct the P;i'('urity of thill mortgl\g't', thl:' lliOrtl{iljlor. tORrth~r with,
and in addition to, the monthl)' ptl)'T!l{'nt~ uuder Ull' t.-rm!l of the not(> 1l('f,.'llrffl hf'rl"il)'_ (In ttw lirlSl day of
~\ month !.lntH the 3ald nol-e ill {ully Imid, wili pit}' to the mortll..g~' tht' foll.lwinll !\urn~:
(0) If this mortlla~l! and till: &aid !lot,., e.cclIre<1 h(ort'lJY arf: insurc.d undi'r tlH' provl!!ioll'i of th,
N allOl1al H(lu~illg Act find &0 long tis tht')' (ontitlue to I~ ao in~liT(.J. one. t.....-I ftb (! I ..) of t ht' an nUN
rnQrtglli~ in~uraJil'::~ prt'Tulum fur ttw purp...,~., of putting the mortin~"f-(, in fUIiI1s wit), whirh to dl~"
cha.q(t' the jO..a~J mortJ{ag('~'8 obhv.ation to the Federal l!oU8mg C(li1lmijt.~ILHH~r for n\ilrtllflgt' Insurance
pr(<miwHlI PUr1lUAnt to the applicable prnvl!llons of the N8UOn1i1 HOlisinl( Act, M I\rnt'nd.'~1. and H"leu-
LlilOlle HWl'1)und(>r; the rnotlgallCfIll.hall, Oil tho t.>:rminatlOn of its obli,i\ation t,.. va)' mortK<,gl' InSUt.
I\nee prt'mH!l:lil, credit to lh,~ An'OUtit of the mort!(1\.gt!r 1I1l1'i1)'mi'nls mad., u~df'r till' \)HI\l1\lOn~ of U~i8
'Ubl\fftlon wnlch the Inorl~i..t.'., hM not I~(im(' ooilllRtt.d to) P.\lJ to the r Meri\1 ! '-'U:->lng' (('mml!}-
Uont.'f.
(0) A 11ITH i:'<'~uai to the ground nnt.!i, If i\IlY, nl"xt dUe, plU5 tho premium/! that will t1l',t })('COIllP
flue swd ~~yaul,' on policieA of HI"{' Rnd otht.'f hll1-<lrd iIlSllrlMl(:(' eon'nnl( tfw rnlil ti-:!I~t'd ptnl','rl\'. I'lu~
lax'.." l\.nd &....A~MrnentA IH'xt due on th(' rnurtiC~gfd prop,prly (all r:,_'\ f'Htlmatrd hy tt1l' mortllil)(....(.) Ii,!!",
&11 I\urns liln.-iuly paid tht'refor divid{",-i by tht) ntlm~)(-r uf TIloTithl'l to 1'1nr~1' bdN.' Olll' month prior
to the dat(' whf'n 8uch g-r-ound rents. flr.'mium!, tAxes, and 1\..~I>t'MnH'nt1\ willl}{"I.'onw delinquent. such
aUTllA to be hdd by m(lrtgA~('e in trulll to pay ~!d grou!ld t'~IlUl. prt'miufiltl, tal:f8. !',rod B~l(-ciillIH'~"M\
"lent-I}.
(r) All pa)'fIlent3 nwntioned in thE' two pTf-c('(Hul{ l\\lhIH~t:on1\ (I{ thi, parajfrnph IIntl all IHI)"'
mcnt..~ to) he mi\d~ ullder the not(~ M:l;lli{'{j hereb)' shall t)(> lvl,kd together and thc. AirlIft'gal.' Il.r:lount
thNf:of 8hllll IX' Pllld by the m'JrlgkKQr t'ach month In A /lingk payment tf) l>t' IIppltNi hy t~w it1!-,rt-
gaSl'..... to the foll{)winl' itt>ms In thl.' ot~l<'T ~~t forth:
I. premium (har~~8 undi'r the wntract of in!lUii\nre with thf> F(-derill }h\l~ilil{ ('<.m
ml"lofli!r;
!I. ground rO'it.ti, t.a:H'lI, aMe~m"nls. t1n" 3nd othf'r hMard in.1\llfAnC€ lH"nllllniJl;
Ill. iflh~h'3l on tll(: note ~~cured hct(-hr; and
IV, Illll().tiut[on of the pnndv.nl of ~id not.fJ.
Any d~f}l:il;llCY in the amount (If f1uc:h Iltiitfi"gat{' mot1Ud~' pAymet\t !lilaH. unlel'.! maJ,' goo.oj II)' t.ht'
m{)rt~?r prl~rto the due &t~ of th.~ ~i~xt !lIrh P~pi1Nlt, C(Jnlltltut~ an I:Vf'nt of dr.fault utlli\.r thill iI>.tt-
~e, lhe mvrtilai~ til&)' ("oiled" 'll\te charge not t.; Q~c('t~i two ce!lta (~) for ('Jlch dollar ($1) of
each p3.yrn~l1t more than tHtt:.'H (16) days In Arreara t..o cO\'t'r the ~xtrl\ t-XI)("f)8(' involvt..j in handii!\S
deHnQucmt paymenta.
8. ~Atl! th~ total of Uw paym<,uu rn..A.de bi' the mortg-&i[or undt'r (b) of plHlI.~TAph 2 prf'\f-dl/l/o( 3hali
fUC~ t!H~ amount (~r phymentA actually rnAde l)Y the mQrt~AJ"e{', fnr pound rent.!. t8"l:<"'1\ and &..~u.m('Il16
imd In!Uranct' prf'mlurns. " the C~ tM)' lX'jllUCh excf'M iihalll)(> tf('(htl'd by tht' mortRaJC(<(> on 8ul"">(1u~t
pa,ymentJs to ~ Tnll;j1} by th~ mortgagor. f. hOW€h"H, the monthly paymenl.a mad... by the rnortfl~60r