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l'1}H VALUE llEC1tWgtl, th.., unt~r"i.;rw.l ~lr'nmi.Mi.~) to ~)j6Y to
80trTKU& TSlU'4 )(0 RTQA~ C OKP Ala'
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,\ ; . .it!f C :..'l'!<I ~ r. r I A.
. I). ('(I(~;o!'.l,l',n i\q~:!i.nI1~ ard ,,:<i!,tl';ll untler
UH. Il\W~ of the 8 ~ te or nor1da . Of' order. the prindpalsum of Ten
thOUIU1OO 1"1... h\.Ulll1red a.rad Noll00 I)oHa.n ($10.500,,0. ).Wlth
mtNt"i!t fn);n dJiti:' I'll Uw tah: of 1'1,.. and on....tourt..'1. ~it'r centum l -- 5r~ ~~) per
anllUn1 iin the l.li\pAld li&J.r>,,-~ lwt~l pAi\i, The 34id prioclp&\ ami In\.t:r~lll-h..lI toe i1aYil.bk; At th(' c-.ffioo of
e~th...t.m Mortgage 0<8pan:, ~ Veet J'lac1er at.r..t, M.1a.ml t
J' J..orlda in )(1_1, Florida ,or At IIX:h olht'r i'la.(-., M th~
hohlt', rnay d~'siKl\At{, in writin,r, in m..mth:)' ir\.5tAUmt:n!.i; of l'1!ty-two and 40/100
l),....llati\ ($ 52.1.tO ). Cf)mm~-lIdni 00 tht, Ilrat day (Jf 00 to ber . 1962 ,And
on tht' flrtlt diiY LA NtW month then:-..tu;- until th$ prind~llUld int~~t art' fully f,aid, C1:r::ept UUit tilt! !\nAl
PA) m,'nt of th~ entjn~ indt,bt~'(h~ e'dden~ ~r-.by, if rwt lWtm.-r paW. &hct.ll l~ due A.nd payablE:' on !.he
nlllt d~y of 8.ptMb.r ..axx 200!",
If ddll.uH be ma.de mlhf' payment of ar,v iMtallment undN thl6 i'H)t~, Aild it auch d~t.\Ult ia not mlide
i!1xxi prior to the due dAt~ of the next such inataHmtt.t. th~ t'T1l1re Jlt-indpal ~um and a<<nl~~ illt.!rt'~t r.hali
At OIK(; fl<<,..m"" dlH! a.nd payable without Iwtlceat the option of th~ ho.lder of thili Hote, Fa.ih.irt. to ('HrdM
thill option !:!~uoJl JHJt con.stltllte A wl'>iver of the right to "xefd~ the dJl113 ill th<: ......e.:t of any ftul~lllent
default, In the event of ddl\ult i.fl th~- pAyment (;! thij. note, and if th(! UJIH' i~ (OilS;>>(:,l(-J liy i!J1 attHi'ftt')'
at lAw, UH~ undt>.tlJirn:.~1 hert-by ilCT~';dii) to pay &11 ('(leu of ((.,HectiQn, ludl.ldin... reMOtmbl~ Attorn~Y'1 tee.
Pre~<:nlint'nt. pr-oteIll. 1\ud ootk" r..re hi'rl'tJY w&ivcd.
./ John B. Truead.ll
-J6hfi--U;-'TNeli4vU -
(Seal)
-- ----~-_..,. ..-.--
($10..50 State Doouaenta.ry fit_p.
a! f1 xed to originAl note and
CJ 9.noe 11.6.. )
___ ... ...""..___......,.___~.____.____.....---- _____ _._..___~_,_ ;___- ~_T_
-I. ~~:~-.~:__ ~ii:=ii {~t!~.!)___.
_._ ._. .*. A_...__._.. ,-. - .~-_... ---..-.---.----~#---.. . .__._-_.-_._~-_.-
"
And l\hall duly, promptly, find fully v'domi, diJl!~;haq(\.. C(t"l.'iJte, el1(>d, c"..:mplt'le, ,md Ci.,mply with iUld
&Lid" by "ACh &fHi ,;\,('ry the !\tipul~tion!l, li~n'('melit~. cl>fidllwnll, and (o\'('fl9.nt", of Mi.id pn;mii'.-wry note
IUld of thi!\ nwrt&~.., then thi!\ mortiot<lR'1! ,In.l the e8tAte hen,hy (l1)",t~\ $.h1\!1 CN'..aC and lx' nul! and void.
And the niortiAiOf fudhi'r (ovenanb\ 1\.'1 ((:lIm~ 1\:
1. That hf:' will ~>ay the int!l"bt,'dli\'-".>'. iU, h('n:~nlrdor,' rrovide,d. Pri\'ih~gt' 1"" n-..:ii.i.:...ftl to p~y the
dt'bt in wfH>k, or in an l\fr;ount Hjll,,! to one Of more monthly r'hymef\t.$ on the prindr<aJ thl\t at", next dlJO
on illl! noh', on the fit~t day of finy month prior to lI1!l.tudty: I'r\widi..;l, hDwe\'fl". that w.itkn notlo; of till
intention 10 eXt'rd~' "uth prl\'il!!gt~ i3 g!Vdl at It'lMt t.hirty (gO) da)'ll prior to prepa)'t:'.4mt; and, provided
further, that in Hie eVi'nt th~; l!-t.'l,.t ih paId in full prior t.o mAturity a.nd at that t:mt' it i;; in!l\HNi under
th.) JH'\Jvi~j(>n!l of th~ Nation"l H'Ju3inK Ad, h~ will pay t.) the n:ortgagee lUl adJulIl('d pTt"mlu01 (hMge (If
O!ie JH'f u'nlUfll (! 'X> of the oriiina.l prinCipal amount Uwr\....Jf, .>xC'i'pt thi\t in no f>~'t'nt ;lhil.!i tht> ivijiJl'tf<l
premium t');('e>('l(i th!' ...~gr~'f(!\te l'.motlnt of ph'miurri char~(.t1 whkh would Ill\"'r L~n p~yabh! if thl:! mO!'t-
gl\S;;: had {'ol1tinue~ to t..., 1!1!H!n...i until !l1l\tuntr; BUC.h ~>&iment to ~ f\Pl<!It.'~lIJ}' the rnortrpiKf-t! upon ItA
obliifdtioli to the Fl>;.lHal Ilou!inl( Commi~"ioller on account of rnOIif8.iC in8UrlU1Cti,
~, Thflt, in 011]('1' !nOH' funy to pr"kd the I\ecurity of thi.!; mortfai~. thl' rn()rtgll~,'r. tog-ctht>r 'hith.
awl in addition to. the monthly f>1\vni\'nt~ under th~ ttn1\1; of the nute ~('Curffi lwreby. or. till' ttr!\t d",y of
6&1:h month llntil the ~i\-id note ~ fully paiJ. will PlAY to the mortgag-ee the following sum/!:
(ol) If thi\\ ll1ort!;{M{t' and the !<--Aitl n{)t~ A<<ur~i haeby are inJu?'1':,d under th;; provillioflll of lht,
Naiiofilt! HOU1!ing Ad and ~} kmg M they conti-nue to be 60 in!Hln"<,l. ooe-twt'ifth (l/I~1 of the iilinull.l
mnttliage in~uran(e prt:rnium for the purp-~ (If pvultIg the- morty;af(l'o!: in fUlH.l5 With which to dl!~'
('hATHe the wd mort$(l'lg:~;" I)hl~;i{li~ion t.J t~\\ F~rlil Ibu~i~g Commi-!>-'!IOfIl'f fur HlOl'titiiit' iil~u:anC\!
pn'nllunlA r>urltU&..'1t tQ tne $wl.kiJule Pl'O'r'U.,!t)lUl of the National Houl!tng Act. M lU7\en'1e-.l, BIH1 fv:g1.!.
li.tlOi<8 th!H~!\mJer; thE mortgltgce flhall. on the t~nninaU.)n of iLr; 1)b1il{l\tien to 14.~Y mortU"M't' ill~ur-
ann' pr"IlUU11l"', cn"jit to lh,' f.,;xount of thf' m<>rtgagot ali i.a}Il\\'nh mad~ under the pr()\'i5ioll~ 01 thill
'-\Uh3tdion whith the mongC\gee b.All nol i)(~ l~hgah"j to p.l\:t' ti; the f\,....!Na,! HOUiUllOf Cornmir.-
f wn-,L
(ll) A !Ill!"!) e<pH\\ tJl th~ ground rent!!. if tiny, lwxt dUI?, plu~ tOf' pn'rnium!l thut will nt.:;;t become
due iin;\ paYi\,hle on Jk;,litk3 of hr>' t\lld othH h~{lid inlUr~l1Ce u,;verin<< th._' mortgll~I,,1 prop,,:'rty, plui'!
L~\.>l\ and l'~~MmenUi fled due I.,n tht~ rnoriga~(-{i proI....rly (I\U I'UI E-~limilt{,d by the mort~al-l.;,e) leM
all l!UP.H\ ~lre;v:h i.aid thf.'fi'fM divided by tilt! nurnD<-r of m(!i"!th~ 10 elfiJ~ bf'rur~,;:- OlH' rnnnth prior
to the d3t.~ wh...n i\ueh gr-ound r~nta, pff'miun\1i, taXl!:!\, and p..s~'Mftlet1t.3 wili become ddlliqtWnt, !Such
8UllUl to t~ held by m{lrtga~ in trul\t t~) pay ~d i'n;.~JIld reut..a. pfl'lHiuma, taxc!, and 8i;(.ocial MbeU.
menta,
(c) AU pa';IT;',mt& menUuHf;d in th.! two pte<;-Hiwi!t ll!)t~octionf\ of thu; ~'a~"'ifl'liph And al! pay.
menU! to i;.f1 nwl", under the [lotI.' fi.{x~ilr(-d iwn~by ~hAIl be addt'{! tog-ether end the l!,Kg'rf'g.ll!~ ;ill:(:1lnt
then:-uf' ~h>ill hr- f,.aid by the mt)(tg~gQr i't'ith m:!llth in Ii sit.!l", P_<>YUot'fit to 1Jt! ~ppH",'d by the rt;'Jrt-
iil,g;:,e to th~ foHowinit' ltrol!S )(} th~ order ti~t fijrth ~
r premium ('hinges undn thl! c.ontrad of inaUr3J'\H~ with thl' Ff'dt'ral l{t}u8ing C~'>ID'
mi.ui,oni!, ~
11. ~rvulid ri:nt$. haM, a.a.'H~.uml!nts. f!l'~. -"nd otJit't Iuuard inllL;faHu' l)f\omiuIU5:
IlL hiV:,r('~t OU thl) note ~o:rffi he(l~hy; Imrl
lV. a.mt.nHaHon L.f the .,rincip;u of a:i-U lIOlt"
An)' d!}f.d~;jcy in lhe a!11e,unt or l;uen ~1(fr.f:<g3t.; monthly p<lY!il~nt gh'\ll. L;i1!(!''-3 fluvle j{ood hy the
m{lr~agol' I,dor t{J the duo dttt,;!..I th(: n;;xt ,gUdi pannen!. C('hiit;l.u!.e Ii, n 13H;nt ,)1 ddi'.<H ulida thia m,)rt-
~<!. Th~ 'rn:.)'tlfi.i(~ I'll:!!.)' c;"ll~t 1\ "!&t": Chl1tg;}>1 nnt to e~(~ twn ,N1~ (2t) for <;~di dollM <$!) of
N-Ch p~)'ment muTe trlAn Mtt':Ul (1&) daY3 in b.n~" to CO\'P.T th~ c1trti. '.:xpe~ invulved in h,>mdllng
d-.:HnQut'nt r..ym~nt1l,
3, Th,(lt it' th<llotal (If the ~ymen~ m~rl~ hy~.,h>;,moti~oj" i,.l~~~r' (b) ,A t-~~ ~J~ 2 pr€'Cij(I!!ig wp..li
~~-.d t.he tt.'ti.tmnt (If PAjm{<nt~ ~A:'tu~JI} rn~JI! by the mort.g~, for gro\.i)'Hi r~.i~. t9\~(J!i and ~~tirt;j
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