HomeMy WebLinkAbout0645
I), R.
60~(
45 IhlU4:J
}c'os VA\.lit; Ht('):Jvr.n, the l;ntteni~ ptumIM(s) to ~*>" \J)
AKEfJOAH TIT!.,!: IMBUMlWC COO1nVCI[ Cltf4Tl, n A,
. A OOf"pol'.t.ioo o:'l"p1:1i&4M! and ui.atinllln.Jtr
lh~ lin", of Florida ,Of urdt'f, the prlh<ipaI4l\l'n ot Thirteen
tbOU8&Oo. three hund~ t1fty and No/100 l~lU&N (, 1J 1)50.00 ), with
IntN"(8t (r-..ltn dat(. atth~ rat., of . 1"1,.. and on.-tourtb p4:'f Cltntum (5i %) ~r
annum N\ the unpAid bAlanrc until paid. 'fhe lAid prindplll And Int~reat shall be p.t.)'Al)I~ ..t. ~ (~ of
Aa.rloan Titl' In.urance OO~~
iu M1M1, Florida ,or ill 9ueh other p~~ &-, the
hc>ldc'r nlA)' d~igMh.' in wntinr, in monthly in~t.allm1.'nl.!! of Se"ent,'-mr.8 and 8:3/100
f)(IJ!<lr5 ($7).8) ), ((tfnfn('ndna on the f\rtt dAY of NovetllDer ,19 62, and
on thl..' flr!\t da)' ur (.""h month lh('r~Aft.er until the principal and ittl(>'tt."M AN! fully paM, nupt that the fnal
p..~Y!nl'!it of tht- t'ntire ind.-btedf1{"M ev!~oc~d ht'reb;-. if r\tit f(.,;"Jr,t'r paid" ah.lI be du~ ..nd ,*Yllhk> <sO th~
fi rfit O!i)' of 00 to DfH' , 19 92.
If default be rnlkk in the ,>a.)'IIlt'nl uf A.11)' iUl\Willmcnt l.1n\iu' tilL" nul't, a.nd if !luch default ill ,illl H1ltl!e
iY"'",j priDr to Ow dut.' d,.t~ of thl' nel.ll\Ufh itl~iAllm('nt, the enlirr priJ;t'il\A1 ~lJrn hnd Al'('ru",1 intnl'!\t :;bAIl
at onn:' 1>K~;m~ dut' And ll.A}'al>lc wllhvut I~)t:(t' 3t the optw~ of thl! huldN (If lhili not~. Failutl' to e~I'n..iA-e
Ini.. opl;')1I ahllll fl"l ruralltule i\ wl1iV\:r of the right to eu'rdlk' the u.rrte ill the event of ,my bul~p,H'nt
dd3.ult. In lh~ event of ddauh in Oil' p,ctynwnl tIt \hiA nolt,. llnd it th.) same is r.olltXh'ti hy all aUnrnf"Y
All./llw, tht' undt'rtiguE'd her~by allfN.,(iI) 10 l)8)' all n>el-3 of collection, indudlna a l't'~ttill>k &tt(ln~Y'1!> tee.
l'N'lwnlI"lH'nt, prott:'ltt; And nolke an' h..n.by wAived,
8/ Cnrl O. 81nHllonu '_',-__<_B._.!tl_ 1 )
._, ---(j,i-rr-C :--SIfiP>ioI1A-
(8 tll te DootJ.men tAr)' Btw.ap8
aft'1l:ed to Orl~1n8.1 note
Hill! c fH\'~ e llf!d. I
_sl M~Pl tlltabeth S1mmona {~*al)
MAry '-tt 1'i&b6 thO 1.mmonf.
And ~hall duly, p:omlltl)'. nnd fully l<,rfonll, dl~harg<" I'Jtocute, f'fft"d. wllIplctc. :wd r\.anply with and
&.hidc by each i'ond every th,: stlp\.lidion:>, agH'Hllt'11ls, {'\:f)ditlo!lfl. nrid ('O......H!\nU of Miid prO!Tli&.e.t.H)' note
acId of thi.., nwrig"~c, thfO this rn!}rt~llg~' and th~ f.~li\k hen,ny rn'l\t(-.:1 8haJi ((,.i1JH' ~nd hr nul! and \'(.id-
And the lli'..Htgagor turH1N CO'i('iUUll.<\ A!\ hl!oYog:
1. TIl!lt he will pay th~ indt'htt'<.-!n('a~, 8.~ hndnl..,ft>rf' provid~.J l'rhll{'j[f' i~ it'Urn-..d to }';AY th~
dt-bt ill wiwh.'. or in All amoullt t'qllal t.: Oli(' or Won.' monlhly paymenlii 1m ~h,-. ~)rincqtallhal are Ile"l dllf~
n!1 tht, 1I0t~" on the nr~t dl\r IIf any month prior t.(} lIli\tunty: I'ro\'idl'{~, h(HH'\'i.'r. thftt writt(:fl nollce of an
jnli'ntwn 10 l'nn::ljH' ~lJrh prj\lkgl: i'J ~i"('n at kMt thirty (:}O) d3}'/\ prior to prl'I~~yrn~nl; t<.nd, lm')\'iil~d
further, thi'>t in lh~ t'Vf'flt tll... debt i~ [>Rid in full priM h, nll\lurHy and 1\1 that linw it il\ in;;,urid under
the provIl\ioM of the NatIOnal HOI.I!llng Acl, h(- will pay to thE' mortKfig~ an ~Hu"t(..:i premium charjt'" of
(me per !;('nlum (l~;') of Hw origlllll! pnncipl\l il!lW!JJlt tht'i'c(lf. E',l(I'f:pl that in n" ("<'tont I!hall the 8djuAtt'd
p~fI\lI.mi Hct'fi1 ttH' agjtrl'll1\l(> amount oi pn-mlUm d';IHlf"ll whkh .....,Iuld hl\I,{' I>('{'n payahlt' if th... mort-
rllg., had l'ul:tlllUt'd to I... in!lu!ed until mRtm:!r; I!ucn ~)'rnt'ilt to tw Applit'<l b)' the flloflg34fl'(" U!)',jf} it6
obligatIOn to tnt' }-",dual 1I(tU3illll l'ornmiB,li;uIlN on iIoCcounl Ilf morl;I'lge lnlluratl('(',
2. Thllt. in urdu mon' fully to prl)tft'l the I!-t'<:utit)' (',1 thi4 nwrtgage, the /nQrtKi1lvr, tl,gdht'l" with,
~nd in addlhm tQ, Hw illQnUdy pllHOi'r.ta under the t.N-nHl \.If tht' note ~.eOH(\l.i herdJ)', Oil the f!/-st (U\y of
"Mil 1li00.th until thi' "aid noh' i,~ fully paid. will r13Y to tht mortE!ag('~ the following ~urnft:
(u) I'n &mount !uflkl\'Tit to provid., lhl' holriu hereof with funds tn pa)' thi' Of',,_t morttPlj(\'
in!'turi!,!1(.' pn'miurn if lhi!l instrunl('nt And the nOW 15.<.'('ur(.d h"rt~by AN' in8Uf('<i, or 1\ monthly c-nll.rKt'
(Ill twu of 8 mortI{Bi-.~' IIHlllrailC(' pn.'mivfll) If thl'Y art' ht'id by tilt' Ft"krfll Houlling C<.'mOH&l'ilOfil't,
u fdlows:
II) I r Sf,'; ~" k>r.lf ..,. u,<l ",'Jl~ (sf \'wn dt.u and VII! ir.F.NfT~nt are tr'''Ult'<1 Of at... r..l!",j'if~~ una@f th~
"rr}'\i~.lun. r;.r Lh."," Na.tion.1 H{j\J4.r.~ .,,~t~ an ~rl!<o')un\ el~ffi!'I~t1t to 1i:~'("Y.rfH.thi!lf, in the hand. of thl' holJ......f
C!ViI (I i IT...?!';!h ~r1N I.) itt; du.l' dak th~ iV''','all"ort';.K~ in$UTiHlI:'I' p~!'itiYm. in QNkr In prc...kk- lut i.
ho.l~a with fllnalli) p!ly.'-lcll !,~n'i..m t;J lh. "f..jusl HOUJitr'lC ((.qr.mll.t1on<'r 1,"IT":.'lt w 1M NaLon.,,'
H';'~l"nll' Ad, "" ""'ffio-Je.1, IH\d &ppl!c.l"" R"lul&t:onli tl-'~Tp.'\ll\~..,r; Qr
(II) It and >>0 br;1{ u uid n.)t.. of ~\'l'T\ dat" and ll1l~ i"ltnHll..r.t.rr Ml{l by the Jo'tdHill JiOu.&H1ll: ('<)ft\"";>
ajf,nn. II ,,.,..,,I.hh C.hAfl? (in I'ru 6f !& lTInrti(t\1l'j! i:U"Tt.I"..... pr<:rnium) whIch 4/-..li b1' In .0 &mty..t~l
tt'l'l.1 to ol~;...t..~ltth (\0\1\ of 0"" hAlf (I",) ptr (~;1IUrn of I~J .~tral'? vuI4t.rl":llng ~lsn<<! d......ot1 lh~
not.. ('(.Ift'lJ'u~ wiUo.ul.lt u,kif.!r in!!) a<<01J",l <>>ljf,cf".tr>Cll!1l or Pe>f'A1!nl'r.u; ,
(b) A iHun t't.luill to the gTOUllll lNils, if tillY, !iex! du;~, plull the p1~mltlm8 that will flt'xt lk......Ofllt'
dll", illi\! ,-ayabl(' on l"olides I)f f\rt' ~J1d othn hlluni in~url'..nr.-E' COVN1lig' the mortjfAi{p.d pn'l~'rty, ph18
talCl'!l snd :t~8sm~nt~ fH';(t due ~;n thl' mortgaged prol){.rly (an M ~Hmated iJ)' lhl' mnrt<<al(M') i!'M
all numB alrt'ady lJ<iid Uwndor cth'iJNI by the n\Jrnl~r ljf munth3 to da~~ b{'(or<: (.ne llil'f,lh prior
tI) the dAh~ when r.uch gt"ound T~llt.a, pN:mhHIIJ'J., lA:teil, llnd !l.SA"'$AnH.'nL~ wHi t)("-om~ ',klinqiH-nt. such
f,Ulr>1I W l)@ ht'ld by mor!ifi\IF-e in lrullt to pay Mid if1j\Hlli rent3; prt'rniulTli}, t.lU~'A, Ano 6r~<.'igll\,,"\4~M-
nwnts; ".!HI
(c) All ~'!l>'mt:fi13 rn~ntiofle:d In ttw two pre<:f:'fiing A\lLo!l<<tkM o( thi!i r,tHi.gnph I\nd all PAY'
!iH:'nt~ to IX' rriAd~ under the liotf' lif>(\Ht'll hf'reby llh~lI t~ 1\ddl'd t('lft'tht>f. and t.hl" llf;i. T"1Cate amf',unl
th;:>rc.Jt .h!.ll h~ paid by the tnortg-ilil'f tJlen r"rmth in 1\ g!oglt< payment to Ix' AP'f>fitd hy thf' rr..()t"t-
gAi~ t.Q the f0Uo'ning it,~m1i in the ordtr f,ft forth:
(I i r-amiuftl rhu;ru ~r.t'...r IN> ,tOl\t,.~ct of IHU r~M.. ...\th i~" Y .n.i IlQUtin.. (A::"""- ,~r, Ot IDCrnthl~
C},tAl;i"" \In l'f'J (.f H>(.ltil':\~~ jnHiri\j'H~ prfffiil1m l. M th. c.... !r,3Y ..~;
(II) If['vvnt! !~"lI, I"'H~. ll_~T>""tJ. I'lt~, $00 dr.~r r,~.ur(ll~lIUta,;<:", forefTllumt;
illl) intunt (>fl U;f' nut.. MlC';inr>:! ~",''''b7; Mod
un "~,I)rtli.6\'~ 01 t~ ).rl&<:l.,.l c,f J4"j ""li<.
Any ddkiency in the Amount o{ &iJch Il.un-KAV! monthly P~)'iTI~1tt ~AlI, 1J111t'O.t mJAi~~! I'Xld. by the
rn,}ftg5f.~r pr;or kl the due rlutt'. of trot' ~e.d lIurh p~pnenl, H>ll!tltul~ an en.nt or !1!'(i\ult \Hider thl~ ~(j,t-
I&.if', fn'~ mortgAi~ flU')' co;\t'ct A "Iat,. dung" not to (>XC~ two C(\'hU eM) for ~M:h dollar ($1) l.-..t
t't.ch p.ayment mOfl' than M~{'~n (15) claya in ur.-,ara to (OVer th~ extrA f'XV"'f'ISie Itwoh'~ :i\ handllftg
MllnGuent payrr~l1ta.
3. That 1ft he tot3.\ of the pa)'Olf'tl \.}; nH\r1t~ by the mortW:A~;,r u ndH (l,) of p$tr~taph 2 pn'C('<:ling ~11l1l
@~(~ th,; ~unm.ll1t of IHl)'rwcntA IH:tuaily mad." by Uw rnor:jilAS!'l'e. fOf ~rourHI nma. t3Xt'$ and iUM'V_"I1mt..
t
Q