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V~Wi R~IY~ ~1M YA~ri~ D~O~N~~~ ~ P~ ~ . . . .
BTOCJCT~~ Y~LT1isZ~ ~?YII~ ~ C~? , ~
. a aoepotr~tioa otp~is~d aa~1 ~dstin~t nndee'
f~ Lws at S~e?te at Florids ~ . or order. ~e prtnaipal am cl .
~ ~ W/1W • ~ • • • • • ~ • • w ~ • • ilfNiw[1 B~VW~W
~ ~O~f ~ iL ti1! Ot n~! ~ Ode~0i1~'~ ~ C~ll~ ( ~ ~ ~ P~
~O!!WR 00 ~IA Y11~ ~1100 OIIdI p~. ~10 ti~ p~DC~Q~ ~~Ilti~lit i~liU bA it ~1! 0~00 0~
~'0~ ~ YBATLS~~ ~1Y~ di Ci~
' ~ Jeakave?i i11s~ Florids? . or such otlrer plaoe ~s t~e
hdde~ mq? desip~ste in writin~ in monthbr i~ILcdent~ ot b?4~100
Do11~es (i44•24 oomm~ on tlre lbnt d~ a~ 1'~1T .1864 . and ~
v~n the tisd d~r os e~rch moalh there~i~er antil tlrs p~incip~t and intarest u+s iuq~ psfd~ eaoospt tl~at ths fl~t s
p~yme~t~ the ~
indebtsdaees18a~I~oed hereb~, ~ii n~ot sooae~r paid. ~11 bs dus and p~ly~bte oo tM ;
~i1 . ~
I! detanlt be made In the p~lmnent of an~r inat~lment m~dar this no~,e~ and ii ancb detiwilt is not made ~
P~r to t6e dne date oi the next weh iaatsUment, the ~tire principd wm and aocrned intst+est shsD
st a~oe beoame dns aod p~yable wlthout notioe at tl~s~ oi tlre holder ot ti~is nota Failw~e to eu~~cise
this ahaD not oooatitute a r?aiver of the ~t ~o eserciss the asme ia the event oi any snbsequ~at
dei~u~in the e~t oi default in the pay~nt lhis and ii tl~s ame is oollectsd by an atton~p?
~ st hw.the nnderaisned h~reb~ as'ree(s) to Pq? all oosb~a~-~a~~e~o~, ~c~din~a re~soosbla atto~rney's tea ,
Preseabrea~t, protest, and notios ~+e 6ereby waive~ • .
f
sl Karl H. No~lan~der -
~ Barl 8. Hwr~h]ander
A~l sbafl dub?. . and lh14 Psrloarm. ~e:ecnte. e~a~. ooo?~iete. and aomp~r with and
t~i~e b~ e~
~md ~atipnlstioos. at~+ee~a~~~„ coo~it~oos. and oo~ve~u~nb o~ said ~isw~ note
~md at this mo:tp~~ t6is ~r~e ~nd t6e e~ste crested s~uD oe~se aod be
np~~n~ a~ ~o~.
. And t~ mortp~oc ~'ort~r oove~anta as fo~lo~va: '
1. ~st he wiD p~ tbe ialebtedness, as 1~eretnbefo~+e pe+avided. Prlvila~e is reserv~ed to piUr the
de6t in whoi~ a~ in sn aa~ount eqwl to o~e or mors moa~thUr pymeats oo t6e pdndp~l tlut ars ne~ct dns
' ao tbe note, on the Srat day oi any month p~io~ to mst~ril~?: Pro~rided, howevez. tbst written notioe a~ an
intentioa to ru~:ise aah privilege is slven it least t6irkY ~11s P~ ~ t: P~~
tbithesr. tbat in the e~veat t6e deb~ i~ P~aid ia fnII prjor tq matnrit~r and at thstp~is insur~ed nnder
t6e p~+ovjsions af the Nstio~ul Aaisins Act~ he wiD p~y to the mo~ee sn ad,~nsted p~+emimn chsr`e af
ooe pec oer?tnm (196) oi the original PrinciP~i smonnt thersoi. esoapt t6st in n~ ~rent atull the adjnated
pe+mniom a~~oeed the ~ smonnt oi paremimn char~ea w6ich w~onld hav~e been payable i! t6e nqrt~
pss had oontinued to fi~anred until matusit~r; e~n~ch p~rane~t to be ap~lied b7 the mort~ag~ee upo~ its
oWisation to tire Federat Housing Canmis~ner on ~ooount oi mort,~a~e innuanoe.
2. T6at, in order nare taDy to U~ the secndt,~-a2 this moskt~, ~
and in addit~an to. the menthly ~ym~ta nnder the terms oi the note sea~r~ed on t6e 8rat da,~~
~ e~dt maeth ontit the said note iap ui
Uy paid, will p~y to the mo~t,~a~ee t~ foDw~ wms:
(s) An anannt snlBdent to provide the holde~r hereo[ with fands to pa~? tbe neit mortg~~e
insaranee pr~iam ii this ins~evmeat and the note sewred hereby sre insnred. or s month~9 charg~e
(in lieu ai a mort~ag~e inauranoe preminm) ii t~?ey sre held by the Federal Honsin,~ Co~miasioner.
as foUo~vs: - . .
, (t) Ii ~ad ~n~oo~ aa eaid ~wRe at s~ dats and tbi~ i~am~nt ar~ iawred oz ar~ ~d m~d~e tbs
• pr~isiaos o~ tlr Nationsl Hoadaf Ad; aa amaoat sa~t to aaeomdats ia tbe bsad~ o~ t1» bold~r
` a~e (1) moath prior to ib dw dat~ th~ aa~oal i~ora~ee ~n ordes to pe+oroids a~i
~ boldae wtlh i~ to sod~ rasiaa~ to tbs F porwaAt to t~s Natioaal
k (II) ~ ~ p i~ M~~
~
~1~'e~~~~~ ~lTi~ ~ CiOmID~-
a ]~p ~ a ~ ~ ~ri1~ ~ f~ b! ~]I ~ iIIfOYOt
i ~QY11 ~0 a~N~~~ ~ 0~!-~t C!llt~ 0~ vl! a~=aj~! OY~ ~~L110e a000~ ~
; . DOa !0/~il~ w'I~OYt ~11~ ~AtO ~OeOYDt ~YlAl~M O~ ~bi
f ~ (b) A am eqwl ~ the ~rouad rents. ii ~wY. ne:t daG Phu the'presniwns that will ne~xt beoome
t doe an;t ~yable an polieiea oi 8re. aod ott~er ha:srd insnranoe ooverins the mort~asea P~P~b P1us
ta~c~es sd a~nents ne~ct dne o~? the niort~a,~ed (a11 as esti~sted b~r t6e mortg~+ee3 less
c
' ~ - a~ sams ale~ead~ paid therefor divid'ed b~ t6e n oi months to elapse before oae moath prior
to t6e date whea anch ~e+omrd re~n~ums. t~uces. and a~se~smeab wIU becoene delinqueat, snch
~ sonns to be ~e1d by mort~~ee in to p~y said tround re~?ts. Pa~+aaiums, ta~ces, an~l special a~sseas-
. ments; and .
~
~ mea~
t~o b~e
~and
t~he
n~seaind l~re~b~
s~h~sD~be adckd to~ether~
~~ind~~ ~ a~a~on~nt
: t6~+eo~ s6aU be paid b~ the mort~srar e~ch moath in a ain~e p~ym~t to be aqp~~ ths wart-~
; ~~ee to t6s foDowin~ it~ems in the ord~ set lortb:
R tt) ~r~m d~ps awdiz t~ eowtrae~ d i~sara~ wlt~ t~ Fed~ral Ho~ Doasmiaaio~nr. ar moatl~t~
~ • (ia liw at mortsap imiara~p~ ~ tLe eaM aa~ b~;
= m~~a~ H~
s~ot~ isea~~~~
~isdatid ot~er 1~asara iasaraaa pr~si~z
~~t~ asotthaliaa ot tM p~iadpat d ni~ aob. ~
~ ' ~ A1~ ~C~C7 ~D ~~t Ot si~C1i i~i~! 1qOD~p~y~ e!!~ absll, i1L1~ II1~de t0od b~ th!
~ p~ior to t6e dns dste oi tlre ne:t wch pi~rmenk eonstttnte ~n eve~t a[ deZanlt onder this mo~
~ , ~~~a. mo~a~ee odleat s"4te ehss~e uot to es~oeed t~ro om?b (Y~) tor e~eh doilat (=1) 0[
~ . Meh pyment nare tbaa~littem (16) days in srr~ra to co~ver the eztra etpaase imrolved ~n hand~in~
~ ~ D~~
~ ; E~. '1'hat ii the total a~ the pqn~enb niade b~r ths mo~rtp~oe tmder (b) oi paratraph 8 pY+eoedins shaU
~ i , e~esed tbe amom~t oi p?yarenta aetwlly made b~? the mart~a~ee, for gro~md reats. tase~ aad asweaaeab'
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