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. ~~OR `/ALU~ ~Yl~ ~N Illli~l'a~t110d ~~0 ( ti0 p~y ti0 ~ r i ` • ~ i •
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; tlie 4w,aoi DelaNars or o~de% the prL~etpal ~ t~cta~aowaod
aiQa hundrsd and Xe/~00 ---•---•-------•-~-~o1L~ra (i 16 900.00 with
' iaterest iraa date at the rste oi ~i~a -~~na-qyar~ ar pei' oen~um ( S 9b) per' ~
~ annum on the unp~tid bslanoe antil psid. Ths prinra'psl and inter~st sluU be paysWe a~t the o~oe ot -
ATIC~O 1?I1~ANCIAL COitPOitA?IQtI . - ~ ~
M a~ai 1!'lsrida ~ . or st such oth~r pi~oe as the
holder m~y desi~nate iniwrj~~n niont6l~y iwstathneats of ~inat~ thraa and 46/1,00 0e ~
; DoUara (i 93.46 a~naneneins on the Arst d~ty c~ ~ April ,1864 . snd i
i on th~lirst d~y of each month the~reafter nati! tl~ pri ncipsl and Inte:+est ae+a iuUY Psi~. ~s~coePt tl~at the flasl ~
i. p~y~n~t oi the entire in~d~t~dne~ e~vid~oe~ }~e~y, ii ~wt sooueY: pai~, d?sll be dne aud p~yabie an i,ha ~
flrat d~? oi March ,19 94. "
~
i It deisult be msde ia the ~t oi aoy instaUment undet titis no~e, and ii snc6 deisult is not made
~ s~ood Pdor to the due d~te oi the next auch inst~Umenk the entire principa~l sum and ~ocrued interest ahaD
~ at oaoe beoane due and p~ysMe Mrithout notice at tbe option oi t!?e holder oi this note. F`ailure to euerciae
. this ahail no co~atitute a waiver of the~ t to exercise t~e auae in the eveut ox any aubeequent
deS~In the sv~At oi deisult in tt?e ps~yn~eat o~ this note, aud ii the s~?nae is aolleded by an attorney
. at Lw. the underait~ ~~Y ~t~ (s) to p~y ~11 cosb ot collection. incindin~ a reasonable ~ttorney`s iea !
~ Presen4nent, p:+otest, snd notios are hereby rraived. ,
` (State Docuseatary St~spa _ e/
c~~~ ,g_ ~artsr t~FAL)
alPixed to original note George S. Carter
~ and canaelled.) ,
~
~ s/_ gnhsrta n~. ~art~r ~SF.AL) `
I -
! ~berta Mn Carter
~ . .
, .
~ And ahaII duly, P~omp and i~nlyr perFoa~n~ ~r~g execnte, efCe~t, co:npiete, aiid oomp~y with snd
~
oi
~each and a~r~ tbe-~Pnlations. a~e+een~ena~l~,~oo~nd~ttons, and ooveuants o~ asid sot~e ~
mort,~e, tbea mort,~+~e aud tLe esbtte hereby ce~eated ahaD cerse and be
np~~Wl~an void.
~ And the moit,~oz inriher oovenaab as folbws:
~ ~1~T
h
t he ~vill ppr the indebtedneaa, as herefnt~efare pr~vided. Prlvileae ia rese~rv~ed to p~? the
ole. or in aa ~moant eqnal to one or more m~ont6~y p~yments on the princtp~sl thst are ne~ct dae ~
~ on tl?e note„ on the lirst day ot sny nanth priar to maturlt,f : Provided~ however, thst writtsn notioe of an
! . • intsation to ezerci~e auch prlvilege is Qiven st least t6irti (~4) d~ya Prior to P~ep~ya~
t: and. l~avided
i further. tl?~t ~n the eveat the debt is p~d ~n fnit priar tq maturity and at tl~at ~fine it is iasured muier
the provisiona oi the National Ha~s~n~ Act, he wiL po~y to tbe mort8~'ee sn adjnste~l Premiun? ch~?r~e oi
one per centum (ig6) of the originsl principal amovnt thereoi. exoept that in na event a1u~p the ~djuated
premium e~ccced tltea~ ts aaaonnt oi premiwn chsrges which waiW he?ve be~n payab~e it the mart- .
• fag~e 6ad oontinned to be inaured unt~ maturitY: aach p~yme~t to be applied by the ~rtg~gee npa~n its
~ obligition to t6e Feder~t Housii~ Commisaioner on ~ooount oi mortg~e insuranoe.
~ 2 Thsk in ord~ more fuUy to protect the aeauity of this mortg~e, t6e aartgagor. tog~ether v?it~
and in addition to, the mentl~ly s~ ts under the ternns of tLe note aeau+ed hereby, on the Hrat da,y ot
~ erch month nntfl the aaid aote iap l~patid. will p~,y to the mortga~g~ee the falbwins sums •
(s) An Amount snffident to prnvide the hotder derea~ with lands to pay t~re n~act mortgsg~e
P~~ ~ thia inatrument aad t~e note aecured hereby u,e inaured, or a month~y chaige
(in lien of s mortg~e inaurat?ce preminm) ii they are held by tlfe Federal Housin~ Commiasioner,
aa followa:
(t) It aad no loa~ as aid note ot e~en date and tbis insteament are iasorad or srs reinwrad nadsr tbe
. pr~lsions of tbe Natiooal Honda~ Aet, an anio4at s~{da?t b ieeamnlate in tlie 1~ands oi tbe lalder
o~e (1) moa~tl~ prior ta its dos dste ths aanusl mortaa~s itiw~raoes miimo, in ordsr toprov soeh
bolder with fands to pa wdrpreminm ~o the Federst Hoadns Camm~ r panoaat to t~e Natio~al
. (II) Ii and ~u u~aid noRe ot
~~dats~and tiSs i~strome~~be~d~ tbe F'edenl Hoosiaa Co~mis-
sio~eer. a mon (ia liau ot a murtp~s in~an~es pr~iaaa~ w~ch shali be ~ an airionat '
a4~ ~ a~~) ~ o~e~alf per oeatnm c~ tLe s~era~e ontstaadint balanoa dns on tbe
~ ~ . 7wts ~ompnted wtt6o~t tlli~ina it~to aee0ant ddinquender o: prepsyroanb; .
(6) A sum eqnat to the ~ronnd rents, if sn,Y. dext due. ~ns the presniniaa that ~?fll neut beooale
dne ~payable oa P~es oi rir~e and other h~rd insurxr~oe oovering the morts~sed Pro1~Y, Pius
1 tases and a~seasmenta nezt due oa the martS,S~p~+oPertY (all as eatimated by t6e mortgag~ee) leas
_ al! wms ~t+aidy ~d t6erefor divided by the number. of months to e4pse befor8 one month prior
to tl~ d~?te when anc6 grnund reats. F~ni~ma. tazea, and asaeaaments will beooione delinqaeat, auch .
- sua~s to be held by mortg~x in truat to pay said ~round rea~ts, Premiums, tstes, aad specisl asaeas~-
~ ~ . meata; snd -
j ~ (e) AH ty~nents mentioned ia the two Pre~diaS subsectiona oi thia para~raph and aU pay
- ' m~b to be nuide nnder t1~e note secured hereby ahall be added to~+ether and the ~ te amouat ~
thereof alu~ll be b the mort sin~le p~yment to be ~ the mort~
P~ Y t~r esch month in a
s~es to ths iollowins it~ns in the order ~et iorth:
pra~ium etiar~es mder tln eo~traet ot iawranes wilh t6s Federsl Hoadas CAesm~doner. or moutby
~n ~ lian at mort~ insuraw~ :+eoiims). as tbe ws a~ay be;
Le
(ni brest o~ t~
n~`ot~ ~eand i~ee~~7r~`a~ otL~r ~ard in~arnaee preo~inm~;
(t1? amor~stioa ot tb~ priadp~t o[ said aote. •
AI1~ !~{B~C~Cy ~Il ~ iWOtiUt Ot ii1Ch ~g~'~i~ 1riOtl~t ~yI[t~tlt l~1~~. inll~f Inul! ~110d by ~
nku~perior to the dus date oi the next soch ps~rmenk oonatitnte an event of defank ander this mort~
- w~ch p~ymeat ~~fteen (Ib) d~Ts in arrears~to o~m?~t~e eatra ~ed
lin~
~;luniid~lt~
deiinqneat p~ym~b. .
~ 8. Tlut if tLe tolsi of t~e pa~ynkats made by themortp~or w~der (b) oi psra~rsp6 8 preoedin,~ sbaU .
. e~oeed tbe amount o! p~;ymeab actw~lly made by the mort~a~ee. for groand reats. ta:a snd aeeea~menb
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