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'fa'OK V..\.Url HS<l:wwJV. the (4~ ~~., ro 1*7 i;o
S~ ~ ~AfiY Si. LUCi[ C'thn. ,tA,
. a ~ ~ -iUiU tl'liilt.ml unlkr
the I~WH.f thit', State of P'lQrtct. . Of o:t'Ckw. 'iiw ~1:I&l NI1 of fin thou.and
four hunc,h'td and No/lOO-...---~"'--"'--"'---"'"*"~ <t 10.4()().00 ). with
il)t~NOtftQin4a~.tthenUie0f Piv.' Ofte..qu.a.rt6ll' per~ (5,.1/~ ~) ~r
!inrillm on UM'l UllPf'id ~ wW1 p&id.. n...., pri!8d.p&lud ~ ahaU be payft.hk; at wolJlClt of
~hnthtl.a.'tern Hong.... ~..,.., l~ WIllat: 11...1.1" Stre..tt,
in Mi.n. Plorlc1a .01' d Rdt othor ~ N Ute
holder mAY d~il!lAt~ in writina, ttl ~ ~ of Fifty-one and 90/100
Dol Lan (, 51.90 ). ~ 00 the ftnt 1iay I.lf Decf'!.lIIbe.r . 1 ~ 2 ,and
on the fir!lt da)' of Mcl\ I'l'IQAth ~ Dtil tite P1'i~ aacS ~ &n tully paicl o:xecpt that tbe (tN.l
S:4Y1l"-~nt of tht f'ntlN 1~" ...w.arl'd....,.. if .. ..... paW. ib6U be d. &ad ~ 00 thtI!
nnt da,v of NC1V*taher ,* 2002..
It d.JJl..UJt bt rMde in UY i*)'1nat of IIA1 ~l WId<< W. DOte, and it eueb debw.lt t5 not m..w;k
(l)\1d prior w tho ~ dMe of tJ.w nest aud1 ~~t. W _tire priaclp&1 AJ,n, aDd ~l'\t4loi intereat .ht.ll
at Of'lo.'l$ beromo chM m4 ~ ~t 1M)t.~ ... optioIIl of tiN bolder 01 tail Mt." F.rJtun' t~l l'1(lJ'f'('iM
thu option "1 DOt eauuwt. .. ......- of U. rlaht to ~ Uw IM&O ta th. fMmt of lUl,y AuiJMquet
~1".tA,ylt. In tbe nMlt 01 de1iWit in ~ pll,.yt'IlClnt qf this ~, I\!ld if the ~ 1. col~ by a.n atwrn.y
at law, thl! !J~ hereby ..,..(tl) to pe.y an ~ of oo1iedioa, i~_4 rtIM~.... at~y'1 fM,
l~t.l.Mnt.. ~t. Mod DOib Ant btnby w-.iVlld.
'~10 .40 State Doeumentllrv St&lf1PEi.B.L_~.01Jt.i.la.yc_Sk.ai.i.B .___J~'~J.L
gf ii.xed tq original not~ and Wayne Dudle.y Skaggs
c.mce lle,d ~)
-. ,." ~,"_. ~..,.....~--""""",~"-~-,,,. _..-,,----' ..--...__.....-.~_.....---..-..._-_..........-
,..,t?l_}~ m_.~~lh,_~Mus,.______, \~e j. ~J_.
Jel"ry Ruth Ska.ggs
~ ___ __, _ _.. ~_._~. ~ _~~__._.__ ~......____~,_..____~~~___"""",,'_ ___~A ~.____ ____.,~
And ..hail dub', ~ptil, e.o.d fully p.edvnn. dachAl1rf1. f!'J./llICUte, !!'froet, complete, lY'.d CNJ)ply with l\ud
~,id.1 by, ~h and e:veq the l'I~lpu!.ati().ns, ~u, (!:~. and WVt'.tlA1lt. of uJd promiu.ory fWttJ
and of tmJl rno~, then t.h.18 martt'~ and tM _taU htmIby cneted ohall ~ and be null ..no void.
And th~ m\)~r further (~)\'~nAfltA<... i~lI:
1. TnAt he wm pay th~ inlkbti!'dn~f >> h~~~Q~ proyidf'd l'ri..-Ut'"il3 b !'t'J".A.H"\'OO ~!) \14\1' the
d~bt in whok, Of in Ali IlllWUUt ...,~u.sl to <me Dr rno~ roonti"Jy ~nta or. t,ht:vrindpe.l th~t ifLfi' frt:xl dU(l
on the Hnw, on th~ f\r>>t MY ()t any mc.mth prior kl maturity: Provided, ho..ver, that wr1tt..-n notic~ of an
intention to "Xffe~ JUci1 prl..ilt'/flt! i& ~vm .t ~t thirty ($O} days pOol' to ~H'''VSirment; lIUHl. provklt<J
(urt,het'. th..ai in tM ewnt th.. c.bt ~ p.a1<1 in full prior w n-...t~tr and at that time it 18 Inaured under
the pro...i."ioN ",{ th~ NaUoo-..l HOU8i.n.r Act. hI) will ~r to th. mo~ lUl .&jWlttld pl"l'!m}urn chllrs~ of
(.ne fJoeT t'entum (1~,) {If t.h~ odgir..-l prlndpAl an-.ount thttN!l!Jf. eX~ that in 00 ~A..~nt !lhAl! the .nju...~t~
pffmlum fueed thE! ,,"Tf!1u~t,f; amount of prtmium ch&rp8 l:Vbkb would haH~ ~n J*ywie if th~ mort~
~ had ('Qt3t.in~ to 00 ir.aure:d until maturity: lM!th p&..~t to h. apptt.d by tM mQrta~ upon tt4
obligatio'!! to the F(llw81l H~ni CommiMio!1ftf 00 ~t of mo~ m.un<~,
2. ThAt" in ~ mot\? funy to ~ the ~rtty of th.iM ~, the rr.ortp,fDr, tv~lh~r with,
Mld lt~ add.t+Joa ~, ths monthly .~u u~ tM ~ of ~ ~ tIiflItured ~Y. an the fint JAr 01
{'.~h mc'ntn untO the Mid 001,4: W .....Uy pIi!d, will pay 00 the mo~ tM tolknr.n, wrna:
(It) If t}.~ mo1'tl'~ ~ the Mid f;{)~~:Nd ~y an inwl"&1 m~der ~ pNvi&lon=\ of th{!
N!'1tkmAi Hougjnr A\'t !l.nl1 1:\;) k.ni M th~y ('{lUUm.f! t(. ~ ~) iM(,\'r~, OUi'+-twt'lft.h (i;p; of tilt' annu.al
nwrt.<<&g't iWWF~ pNm.hrn for thil-PU~ <;t put~ the mori~ in funda with whkh Ul dill-
duu-g.~ th-t -.w mtJ~'J obH,ii\twn v> .t.~ '*?" H~ (',.(,m~t.m~r {(If mN'tpg~ iMurarlCt
pN'ffilUn~ pu:nu&trl w ~ ~ p;rc~ (U ttt. KttlooAl ~na-Act. u &mf.md~. liU'<d ~.
b.til.H"~ th~Nii.t1d~f ;~h~ ~,~ ~i!.vn tMteTmtnA~ o.f its 'Joblipti,m to r.....y mur~~~c iruw~.
nn<,:~ pH:'nl1UU~ p'Mtt to t;~ ....~<:.unt of tnt\ ~ an ~_1menLJ m~~ \,.l~i<k>.r tl".e IHGv.i~lofl~ of t~!J1
!'ohSt'<:twn wh!et'\ tli-$ m(l"",~ h. not ~ 00i~\.~ W pIiQ' to t.n~ 1'I;2(h~1'a! 1.0U1Ur.g Com1IH~
lii.ner.
<b) A &um equal tt, thO} trroufid frt1tt,!f IU\)". n~:rt d\}~, piU3 the prvmluma that will f,Ht tJoeCOflii'
du~ and ;..ay&hw <m ~>clki.N 01 tiN', and othl'of huard iru~jUJl-':~ (':)vforin,i thlJ nVJd<<ag&..j iirq~ft:l, plus
t.iuf.'~ lUid M#~(t!lt& nll!1(~ ~ on the m(!r~~1 trHlp.trty (aU lUI f.:5urr",t&rl by th" nwrtg~g~) l(}~
&11 aum.;! !Uf\",.It,<jy paid th~",lu dh~ by ~ tHlmhel" of mt".mtho t,o .~~ t..;'tor~ mw m<:.nth prior
to th!l d1\t~ wh.t"'!\ tw:h lrtoond r~U, pNmltnn.4, btx.. &nd iLHM4Hn<<r'iU will b<<;(I("(H! deHr,qut'nt, sueh
MWUl to ~ lw!d hy mort~ l~ ~.lt W i*1' ~ pu*.l rtit1t&, ~&U~..., t4..U-i, &nd ~p.eeili! ~,
m~nt.$,
(d All v#.ra:;"'J.,;t~ mellt~fu~ i.u ~. two ~~~ing &~~tkm~ of thi~ yar~nl..ph t.!vl ail ~}"
m~nt$ tD.f,l'l-) !r~undt'r., th{! r.,<'.t~ iM'(,~",\N!'d h~l a.h~! (;>{'! ~.d t~tht1' and th" ~d~ :irnolJ!lt
lhl?re.)! ~a.u h~ lJo8id hy t~ fuort~ eaeh' ~th m 4i ~ ~~t t;.. be ~~~w by th~ rn.()Tt-
gag~ to t)>~ {vlkrwml !tI!.m~ in ~ ~ Nt IMth:
L J.<r~'1ih*" ih~~ \H'i<"k'f t?t~ ~l.'f-ut iff ~~.$Ur$.n(:~ "fiith th~ I"M~r~J HO'JIllng- O:~+
mL~'h~ff~ ;
II. ~":}1.md f.>trt~ Uat!i;l, ~~ftU, ~1'!'\ !l~"i vth~y b.~M4 i;~.#uU'moo pi~mi\ilU$;
m. int!;1"~t on m~ ~~ J!<<"Urf'd h~~.hl; ~ad
l '{, ~.;;rti~~ ~ 'ili4t. ~md~ qf Mid n*
Alty 6~ffic;~J<;J ~fl ti"~; ~RH'I;t .1! ~~h aa~u. ttH?f3U'\!f ~yn'~t ~;~IL tHll~ r;'I.hh" ic<x:l h,' thi>,
m(}}'i.J;~~,- ~H"'~. tt,! tM d~ dak.': f::.'( tM !~~i:t ~h ~~t, ~w. u: 4J;.~ rtWi'i~ of d'.!'tatllt ::vJ*~ th\<i f:):rt~
~, T~~~~ mAY.x~ ;t, ""l&~ ~' 00\ ~ ~~~) (~~U <~) tw...."P u(,H,U (iq of
~ fe!liyTnirrii M\"1ffl ~AA M~ OS) dA~ i~ ~n w ~ _ fWtNt !,~~ b~";i',ip...'!fi'4 in h~lma
tWinql.amt pa~~.
2j~ ~t if th~ Wt.>>J at ~ peY~~Ul ~ .~~, ~r (t1} .:;! ~:t~!'~t:,h 2 vr:"'i$hni ..hail
t!:!.~~ tho;; ~f1t of ~~'Tl'iClIDt.t ~~;I1,i.r ~ 8J' .~~, t.)f" ~~M nmUt, tu~ &on.'! ~n*fltt
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