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Fbt Yri~.us Rs~nr~ tlw und4rai~ned prooaise to p~u? ~o - ;
BTOOl~T08~ 1~'rI$Y~ ~1lQIg ~ OO~Q'A1~Y ~ ~
. ~ a oorpontioa o~pn~ed ~nd e~datin~t nnder
~/R ~ws ~ v Yo Y~ oi ]llorias p~~ su~ Vl r .
~ ~~r ~ovs~, s=a8T av~ ar~~r ~om~ c~ i3.e5o.oo
iaterostlro~a dste at the rate oi ilve ~ ons•-=our~h pe~ ~entum 5°~ '6) per' ~
sanuai on the unpstd bslanoe until p~id. ~e eaid prlncipsl and int~erest shall be p~y~ble -at-the offios oi ±
8TOC8TON~ ~SATI~RY DAPIN ~ COI~A~1?~ '
Jsolte onville ~ F~orids 1~TY-~3~r~t ~~r pLoe as the
holder m~y dest~ute in writin~ in month~ instsllments oi S '100
Dowura (i T6.59 oommenctn~c on tbe erat d~y c~ 1~ri1 ,18 64, and
ou the first d~r oi e~ch month ther~iter unttl the princip~l and inte~res! are tulb? Psid. e~ooePt t~at the 8na1 ~
payment of the entire indebtedness a~ridenoed hereby. if not sooner paid. shaU~ bs dus snd p~yable a~ the
t~t a,u? ot Yarah , ~e 94. ~
Ii deisult be msde in the p~yaaeat oi aWr inst~llatent und~ thia no~e, and ii such deiaWt is not made •
rood p~Ior to the due d~te oi the next auch inatallment, the entire princip~l a~un and ~ocruad inLerest shall
st onoe beoane due and p~y:ble wlthout not~oe st the option oi the holder of t6is nota F~ilnre to exerciae :1
thi~s option sh~D not oonatitute s w~iver oi the si~bt to e~ercise the w~ae ia Lhe eva?t oi any anbsequent '
default. In the eveot of default ia the p~yment oi this snd if ths aame is oollected by an attorne~r
~ at Lw.the widerai~ned 6erebY a~ree(s) to py? a11 eoab oincd~tion. iaclwiinta reswnable attorneY's iee.
Pre~t~r~k P~'oteat, snd notioe are hereb~ natved.
/e/ Zena Y, waring -
~
.
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r /e~ Fannle 0. Atkin
Branr~3i "e .
~ And sbaD dat7. pe+omptb?. ~d lh14 Pe~'=o~'m. disc6~u~e. ezearte, ~P1e~. ~~Pb with snd
abide b~ ase~h and tbe stipalations. agreements. oondltious, and ooveoants oi add ~K~ and note
~ ~ ~ ~ ~e h~~ ~ted ahaU c~ae and be nnD void.
And the mart,~~ i'mrthar oovdisnts as idbws: .
~ L 1Lat he wfil pq~ t6e indebtedneas. as hereinbefore. parovided. PrlvIlege is resarved to piU? the
debt in whole. or in an amount equsl to one or nwre moatWY P~ymenta on the prInclpal that are ne~ct dne
, on the note. on t6e Srat da~y oi iny :nonth prior to msbuity : Provtded, however, t6at wrlttea notioe oi an
intention to ezeraise sach privilege is giv~ st les~st t6iity (80) d~ys Prior to prepm~yn~e~t: and, p~+ovided
. inrther. tbst in the e~reat the debt is ps~id in fnU prinr tq msturlty and at tl~at time it is ~nswred under
the p~ovisions oi the Nat~onal Housing Ack he will pay to the mortga~ee sn adjqsted Pres~ai~m c6arge of
oae Per oentnn? (19b) oi the origitral principsl amonat thereoi, e=oept that in no event ahall the adjnsted
pa+emium ezeeed theag~regste amount of preminm charges which wonld have been p~,yable ii the mort- ,
sag~e had oontinoed to be insm~ed nnb~ maturity; ~ch paymeat to be applied by t6e mortgt~g~ee upon its
. obligation to the Federsl Housing Co~mmiasioner a~ ~ooonnt a~ aartsare insursnoe.
2 Tbsk in order more inDy to prot~ect the security oi t6ia mortsage, the mort~or, together vvi
and in additi'on to, the menthlyp~a
ents under the terms oi the note sec~red hereby. on the ftrst day~
aich mon~h ~nt~i the asid aote is fuDY P~id. w~l pay to the mortgs~ee the iolbwing sums:
(s) An amonnt sa~cient to provlde the holder hereoi ~vlth iunds to p~ the ne~ct mortga,g~e
insnranoe premium if this instivment and the note secured hereby are insared, or s monthf~r charg~e.
(in lien oi s mortgsge insuranoe preminm) if they sre held by the Feden~l Hona~ng Commiasioner,
as follmvs: ,
~ (t) Ii and ~o loa~ ~ said note a[ e~nea dste aad this indrum~t sr~ iawred or srs reiasnred ande~r tLe
pr~~iaioos a~ tbe NsNonal Hwdns.Ad, aa ~mo~ut w~ient to aa:umnl~te in tbc hands oi tba bold~
~ ~ ~ aoe (i) mon~th prlos to ia doa dste tbe aannsl mor~ inaaranos reminm. in ozder top~m aoeb
~ bdder with innds to pa soeb prasnium t~ tbs Federal-8oadnt C'~r Pnrau~nt to tl~e Nitional
H Aet,.as ~ aad appliesbls tbeiaa~der• or
(n) Ii ~nd~ as ~aid note oi a~ea dats aad~t~instrnmmt srs be~d bs tbe Federal Hon~ina Canmi~-
` sianer. a a~t~r~~r~e (in liaa ot a aart~a~ inwrana Premina) wLieh sbsll be in an aaionnt
` equal to ans~tweltt~6 (~is) a~ aoe-bsli ('X ) Per eeatum oi tb~ a~era~e onbtandins balsnos dos o~ tbe
~ • . nots aanpated witbont;tatias into aeeon~t delinqoe~da or prepa~enb;
s ~ ~ ~ (b A anm eqnsl to the ~ronnd rents. ii aqy. next dne, Plns the preminms that will neat beomne
e d?~o~e p~yable oa policiea oi &~e and other ha~trd insnranoe ooverina the mort~8ea Pi''oPertY Pl~s
p ' iYQY and assessmenta nezt due on the mortga~ed~m~~s~o-perty (aU as estimsted by the mortgagee~ leas
aD wms ah+eady paid therefor d~vided by the n of months to elapse before one month prior
to the dste w6en anch ~e+onnd rents. Premiums, tsxea. snd asae~sments w?i11 beoome deUnquent, auch
wnns to be h~eld by mort~a,~ee in trnat to pay said ~round reats, P~~s. ~ sP~~ asaess-
' mmts; and
~ (e) Ail b mentioned in the two preoedin~ anbsections oi t6is paragrsph and sll pay.
E - meats to be n~dnda~r the ~te seeured hereby shsU be added to~ethar snd t6e ~greg~te amonnt
~ thes+eoi ahaII be paid b~ the mort,~agor each month in a singk poU?inmt to be sp~p~ied bY the mor~
p~ee to the idb.~ins itmaa in the ord~ .et forth: •
r (t) Pr~ias el~arps wd~r tbs eowtraet ad insaraoa with tL~ Faleral Haod~ Caasaoi~daesr. or mont~l~ .
' tb
(ta liea o~ mort~e iawraMe am). as tb~ a~ m~~ be:
~ (a ~~reetr, laxM. ~a~s~oe~t0. ~other basard inwraaee prami~s;
~ (m aa tb~ aoRe ~seured bereb~; and
E (t1/ amorWsHoa a~ the priadpal o~ ~aid noN. • • ~
' y~ a~efkie~ey in ths amonnt oi anclt sggr~ate monthtypsyn~n
t ahall; nnk~s ~ade rood by the
t n~c~~psar to the due dste oi the ne~ct such k eonstitnte an.eve~?t oi deZanlt nnder thia mortr
; aaortp~ee ma3? oollect a"lste aot to esoeed two oevts iar ekh doilar tii) o!
~ ~p~ne~~~than tiitem (lb) daya in arrears to oor~rer the e~ctra e~cpuue imrolved in handlin~ ;
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E~. Thst i! t6e total ot the psyments made by the ~ mider (4) oi para~raph 2 preoedin~ a~ll
i a~oeed the amonnt oi o~ym~b actwlly m~de by the mort~a~~ee. tor l~ronad reab. tsxes and a~mmts
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