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,Pb! VAWAe Rscs[YiD. th0linderai~ed promiss(s) to P~1~ ~ .
ATOCE~~ M$li'LSt~ ~i~ d~ C~!
the laws of BT~T~ ~ FIA~ ' a oorporation or~aoized and e~iatins undar
. or order. the prtodpal snm o!
T~t zsO~TD, ss7c Somt~D FIFli ~ 00/100 • • • • • • Doll~ra (i 10,650.00
intereat i~an dste at the rate oi !'i~ ~ one-,tous~th p~' oeatum ( 5} 96 ) Pae' - :
sanum on the ut?p~id balsnce untll paid. The asid prtncip~sl and inLereet ahaU bs payable at t6e offioe a~ •
~Tai~ iiBATI.ST~ ~?Y~1f d~ ~Y
hoider ma,~? dai~aate in wJritin~m
neth
~~~41~ents af FTFl?~B[CSi' ~ 89~100 ~ ,
Dollats 58.69 aoaunendn~ on the ~rat d~y oi ~PBIb • 1864
on the flrat d~y of e~ch month thereaiter nntil the princip~l and interest ars iul~y psid. a~ooept t6at the tfnal r
paymentof the entire indebtednees.evidenoed hereb~. it n,ot sooner paid~ shsll be doe and p~y~ble on the ,
11~at dstY ~ ~H .19 94 • ' ;
Ii defsnlt be made in the p~ymeat oi ~r installn~ent ander this no and if snc6 dei~wlt is not made '
l~ood Wri~' to the due date of the next auch inst~lhmeak the eatire prjncip~ auni and a~ocr~ed Interest a6aD {
st onoe beoome due snd paysble without notioe st the optlon o! ttie holder of this note. Failare to e~cei~cise }
this option ahaU not oo~nstitut~ s w~ver of the ~ht to e~cercise_the same in the evant oi sqy subseqnent i
defaulk In the event of deiault ia the piUrment oi this note~ snd ii the ssme is oollect~ed by an attorney
at hw, the undersigned bereb7 ~ree (s) to p~y all ooata oi eo~Dection, incladin,~, a:~eswaaWe attornsy'a fee. ~
~ , Pnsentaaent, Prot~est. s~ noti~oe are hei+eby waivad.
- - - _ ja/ FianY B~oaclwMa~d • '
. Fi~ank Booc~loo~+ejd `
- f
a~ &stbleea 8. Baa~laova~d
. ee~ . ~"oo~
And aLaD dnb. ~r. and lal~? Perlorm. disc6~rre. eacecnte,_ eSect, eompiete, and eomp~? with snd
abdde b~ aich snd a~p t1
-e atiPnl:?tto~s, ~nents. eonditions. and coveaants oi ssid note .
and a~ tbis mort~?a~ thm this mort,~a~e snd the ~te hereby crested ahaD oaise and be nolt void.
And the mwrtsaro~ fnrthet covenants as faUow?s: - . _
. 1. Thst he wiD p~y the indebtedneas, as berefnbefore p~+ov~ed. Prlvilere is rese~v~ed to p~ the
d~bt in whote, or in an amo~mt eqwl to one or more mos?th1Y P~Y~ta on the parincipal tbst are nest dne
on the note, on the 8rat d~r of any month prior to msturity: Provided, however, that writt~ean notioe oi sn
intention to exer~ise a~h priv~eg~e is given at les~at t6irtY (80) daya Prlor to p~m~
t; snd, provtded
fnrther. thst ~n the event the debt is paid in inll priwr tq matarity ~ st thapn~~ne it is inanred ~mder ~
the proviaions oi tha Nstional Housing Act~ he will pey to the mortgag~ee an adjusted prmnium charge of ~
one per oentuan (ly6) of the original prindpal amonat thereof, ncoept thst in no event ahall the adjnsted '
premiam e~coeed the~ggregste ainount of preminm cl~rg~es wh~ch won~d hsve been pa,yable ii the mor~
g~e ha~d eontinned to be insured unt~ maturlt~r; snch p~yment to be applied by the mortg~gee upoa its
obligation to t6e Federal Hauing Commissioner at soootmt of mort,~a~e ina~trance.
2 Thst, in orde~ more inlly to protect the secndty a~ this morta~e, the mort t~,
iagor. -tog~ether wi i
~nd in addition to. the menthly q ts nnder the terms oi t6e note aecured hereby, on the rirat d~? o~ I
each month until the said aote isp !~y p~aid, w~l p~r to the mortg~ee the ~~lo~vins sums: ,
(a) An amount su~dent to provide the hdd~ hereo~ ~vith fimds to psy the neit mortg~g~e
insnrance preminm if thia instrunient and the note aeau~ed hereby are insnred, or s monthiy chsrg~e
(in lien o# a mortgage inauranoe premium) ii they sre h~eld by tbe Federal Houaing Commiasioner,
, aa iollows s
~(t) Ii and io loa~ ai ~aid note at a~ren date and tbis in~omaat ars inwred or srs reinsored uader tbe
pr~idon~ oi tbe National Hvndns Ad, an amoant ~ent to aoemm~lste in tba hands of tbe boldat
' oAe (1) mop~th prior to it~ doa ~}ate !he annnsl~ ina~eanos pi+emivm, in o:dsr topro~ide sneh
baidat with iands to ps snei~ preminia to tbe Irede+~al-8oadns Cat~aa~er pnnuant to tbs Natbnsl
; Aet. as amea~ed, aud spp I~kab~s Re~alstioms tberanadsr: or
; (n) u
aad~ as aaid ~wRe. gi a~ d and this ia~um~t ue bdd b~ t6s F~aral Honsin~ Commi~-
r eq~~o a~ (~is) ~
('K)~
~ b~e~dusan~t6~t
_ nots aompated rritboat talcin~ iato aeeoant delinqoeaeks or preps7me~b:
; ~ (b) A sam equsl to the ground reats, if au~, nest da~ plns t6e pre~nimna that w~l ne~ct beoome
~ due and on polic~ ot lire and ~ther hasard insuranx coveripg the mortgaged property plna
; tasea aas~meata ne:t due on the mortg~geci pr~pesty (si1 as estfinst~ed by t6e mortgageej leas
all snms already paid theretor divided by the nnmber. ot months to elspse before one month prior
to the dste when anch ~t+~nd rents. pr~ium0. tasea. and aaaeaaa~eats will beoome delinqneat~ anch
aums to be held by mo:tgagee in trust to paty asid Sroound rents. Premimns, ta~cea. and special aaaeas-
memta; and
(e) Alt ~meats mentioned in the two preoeding snbsectioas oi this psra,~raph snd all p~y-
' me~ta to be nv~ie under the note secured hereby shall be added t+og~et6er and the ta amount
~ th~+eut alull be paid by the mortgag~or each month in s single p~yment to be ~ the mort-
sa,~ee to ths foi{oaing ite~ns ia the order aet iorth:
€ (t) Premims ebatges nndet tl~s eo~ttaet ot iawnne~ with tLs Federal Sondat C~oao~iadaner. or moatbt~
~ (n s~t lku oi mortaate insonr,oa remium),-fr tbe eass mar 6e;
~ (tn t~erest an t5e
n~ots ane~ e~a
~Sre,~ other l~ara insnr~ae premiwar
~ (it~ amorti~tioa ot tbs prindpal ot sud note.
~ A=p delidmcy in the amoont oi snch aggregate monthty ~yment ahall, unless made ~ood by t~s
~ . prior t~ the doe date o! the nezt snch ps~ment~ eonshtute an event ot defanlt under t6ia mor~
~ ~ mort~ee may? ool~ct a"late charg~e ~ to e~a tWO c~) to~ ~ aow~r (;1) at
F p
a~
m e o
t mors thsn flitce~ (16) d s
y
s in srrears to eaver the e~ctra e
s
p e
n s e involved in b a
n
d l i n~
~ delinq~nt pa~at~" '
8. T6at it the total oi the p~ymtnts made by ttie mortga~or onder (b) of psr~rapL S preoedias ahs11 ~
e~aed the amount of psymenta aetually made by the mortgag~ for ground reflts. taxa and asseaameab .
: . ~ _ ~ ~oRx 83 ~.17. -
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