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. . . .3bt VaLU~ Rs~o~:th~ wd~s~d p'osi~~s~ 1~ Dell' ~p • . . . f r, • ~ + •
, . ~ • •~•,T,~f!r:~ r 4~+.i; •NIM.~tif
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~ ' ~ t' • ~ ~ ~ ~ a O~i~ l~A~ WIdQt
' ~ ~10 ~ir/i 0~ ~ ~Zt11~H• ~ • ~ 0~' Or'I~Qt~~Q Ql'lOt~~ Wol O~ ~R ~~Wi~
, •tx ~dr~d ~i!!~ ~ad ~10/~OO •..._••___..•_•_..DOIUri ~=10~6.SO.OO
int~resc trom aate ~tt the ~ats ot ~~j.s ows qoart,r~. pa~ centa„~ t s} 'X) r~'
annwn on tire unp~d babnoe until paid. Tl~e tdd priacip~l and ~interest shaU 6e p~yable at the c!lloe oi
' A'i'zQ0 1rIlrUiitCLL ~'1'I011 . ~
in ~iasi ~ 1, lrlo~ida . . or ~t such ottrsr p4roe ~s the
w
holder nyy desi~wte in writta~ i~? monthbr instaUmeab ot tilty s t arid 89/100
D
o
1
L n ( S S 8. 8
9 aona~ciu,~ on !he fl~nt day v~ t? .18 64 ,~nd
on the tirst day'of eath month therestt~r until tlre prlacip~?t and interest are fulb? Paid. escept t6st the ltiui
p~yeaent oi the entire inde~tedness evidenoed hereb~. ii not eow~r paid~ shaU be due and payabk on the
ftrat d~y oi l~absvar~ ~ 19 4~?
. If dei~wlt be tnsde in the p~yiaent of any inslaDment under thls no and It such defutlt is not made
~ Rricr t4 tlte ~s~e da~e of the suc6 inatal6~at, the e~tir+e pfincip~ awn and aocruad intereat shsD
at onos beoo~nie due aai p~yaWe without notkx at theo~i~ oi the hoWer oi thia note. Fsilure to exercias
~ thls o~ion shsU not oonstitute a rvsiver oi the r~ht ~o ~erei~e the ssme in t6e eveot of aay anbsequent .
detaulk In the e~reat of defiuit in the p~aknt oi this nate. and if the aame is eo,l2ected by sn attornep .
• at hw. the uaderaitned ber~by atree (s) to p~,y ~!I eoats oi a~Uect~on. includia~ a reasonsb~e attorney's fea ~
f - - ~ . -
~ , Pr~seawnenk p~rotest, and notioe u+e her~eby w?atved.
. - ~$~itt DOC11NAta~ ~ ~rtbnr j. ~,~raOR ____.~,$FL,~.~ . .
a!f ixed to ori,ginal nota /~~sod .
, and oancallad.) .
s' ' . •
• ~ - ~ ~Tan~y L. ~dsraon
~ Aad s1uII dnb?. De+om_pt1~?. ~nd ta~b l~la'm. d~'~e. ~ecoter eQa;t. ~aapiete. and aompl~r wit6 snd
•bide b~ esch aade~e~ ths stiPnl~ttions, a~+on~ts. oondltioos. aod cov~ensub of said nob
im~d os t6is mo:t~, t~haa this ~ and the esbta lre~+eby arested s6aU oe~se aad be aall v~oid. ~
And the aaort=a~or lurfheir ~t~ as iolbMa: ~
1. ZLst be w?~U py ths indebteandu. as heretnbefore provkled. Prtviles~e is rasdrved to p~,y the
~ debt in whde~ or in an aa~ouat eqnal to one or rnore ma~thi~r p~ymea~ aa th~e principai that sre ne~c~ due
an the note. on the 8rst d~,y a~ a~y moath prior to maturity: Provided, lwwever, thst writt~ n~otice oi an
_ . intention to ezercise wch privile~e is ~Ive~ at kast tbirtY (S0~ d~ys par~oar to P~rep~y~ t; snd. P='ovi~
inrther. that ia the evaat the debt is paid in fnlt P~ ~t ~~b ~ at thst t~e it~is insured under -
the provisions o~ the Nationat Houains Aet, he w?it! p~y to the mort~ee an adjusted premium cbarg,e c,f
~ one pe~ eentnm (1 y6) of the ori~insl princip~l amonat thereoi, esoept that in no event a6aU the adjnsted
• p~ r
e
n
i inm e~coeed t6e sn~oun
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f p~+em ium c
h a
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e
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o
a
l d l uve b e e
n p~,
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s
b
i
e i
t t
h
e morb-
_ ta~e had oontianed to~~~~in+sured nat~ matudhr; anch p~qymeat to be spplied by t6e mortgag+ee npu~? its
obli~stion to the Fedenl Houaiog CommissioDer ~t ~o~ount o! merts~+e insnranoe. ,
2 Thst, in order nare ful~y to Wrot~ct the secndty oi t6ia mort~t~+e~ the mortga`ar, together rvi},~
- aad in addit~on to,~ ti~ nae~othly, ta nnder the terma ai tbe note eecured hereby. on the Srat day oi'
ea~eh month -nnt~l the said note ~s ~pnid, v~iU p~r to t6e mort~a~ee the folbwins sums : .
- (a) An amoimt su~cient to provide tlEe holde~r ~ereo~ wifih fands io pi~p ~e uez~
insnrance premium if this instrumeat snd the note secured hereby sre insured, or a monthly char~g~s ~
(in lieu oi s mortga,~e insur~noe pr~miwn) i! they are held by the Federal 8ousin~ Commiasioner,
as follo~vs: -
_ . It and a 30~ as nid note o[ naa dats and tbis i~umest srs iiuared or srs reinsared nndsr tLe .
- Pnunrtsiods ot tLe Natio~sl H Aet, ~?n amonat a~ideat to ieenmdate in tLe 6ands of the ~dd~
~ oss (i) a~oa~th p~3or to ita dw~ tbs annnal mor~s8~i~wranos pnmiam, in order to pro~ids meh ~
~W pro~ ds
' h8older with iw~ds to ps~r sne6 pre~minm to tLs Fedaral n~ ~r pn=saant to tbe Natio~al -
Aet, as ameede~i, aud a~{p~ or
~ (u) I! sad~ M nid nob ot a~anpds a~ad~l~~indioa~t are beW tbs Federal8ondns Commi~-
. douer. a? mo~t~d~r~a (ia liaa of s martsah inmraaes pramiaa~ wl~ch aball be in an aawnat
' qw1 to ao~tw~dltY (~isj oi oos-bali {~Ni ) per caat~a a~ tLe a~era~e outaRsadint b~lanea dus on the
- ~S eaePated witLoat t~d~ into aeeonnt ddiaqoenele~ or pre~~ments;
• (b A aun eqwl to t6e ~ro~nd rents. ii ~?Y. ne~ct dae. P1ns the px+anian~s thst vvill ne~ct beoofae
~ doe ~ on polici~s oi Rre and other hasard insarauoe eov
ertng the mortgaged property, plus
. ~tsses a~sments nezt due on the mortg~ed pmperty (a1! ss eati~nsted by the mortga~g~ee) less
. aD snms alt~eady p~id thenfor divided by the nnmber_ oi months to elapse beiore one month prior
~ - - to the date whea anch ~e+ound rents, premiutos, t~ces, aad ~aa~aments will beoome delinqnent, such ~
snms to be held by nart~aree in tivst to p~,y satd ~round rer?t0. P~~. tazea. and apecisl aaeesd-
. ~ta; aad
~
, te) AH ts mentJoned in the tw?o precedin~ snbsections oi this p~ragrsph and all p~r-
ar~ts to be n~unde~ the note secured 6ereb~ shsll be added to~eWer and the te amount
~ - - o
- thereoi shaU be paid b~ the mortsa,~or each month ia s sin~le p~yme~?t to be the aar~
; sas~es to ths folbwins ftaas in the order aet iorth: ,
. ' (t) Prewi~ e~ar~s wdsr Ws ~t:aet a! fesasaae~ w?Itb !Ls Federul Hondnt Caa~ai~doner, or monthl~
~ ~ (is lia~ d mott~a~s t~mt~n~ rerninm) ~ as tLe eass mt~ bs;
_ ~(1t ~ra~tsl taxe~. aMewaeats. Srs.~ otLer basard inairaaet prmtaaa~; .
nw raaet
' m ~ aw ~M 11d~ ael~tred Lst'eb'7',
. (i? a~or~alioa at t~ p~tuetpai at ~id aoa.
~~C~lIC7 ~D ~R imOmit Of t11Ch ~ 11lOil~~~~
8'at ~~lill, 11II~ ~e ~1pR~ b~ ~
' . , t~e ~!'~O! t0 ~ dYe ai~8 Ot ~l! 1t~ iUC~I ~l~~ d1[18L1NLQ ~1l e1Td!!t Ot ~~1~ 11Dd@t ~1~i A'lOlfi~ _
' Tbe mort~~ee ma~,Y oollec! a"iste char~e not to e=~oeed two anb t?.~) ior e~ch dollsr (ii o[ -
; P~~ Siteen ~16) days in ~rrean to oower tLe eutra e~cp~ue involved in hsnd~in~
~ 3. Thst ii the totsl oi the psya~b made tfiemort~o~ mder (b) oi Para~rai~h 2 Pr+eoedini shari
. e~oeed the aa~oqnt oi p~ts actuall~ m+~de~y the mott~asee~ tor ~e+onnd t+erib. taxes ~wd aase~~»e~b •
. , i~
~ ~ ~ - ~ ~ = ~4 478 .
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