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Stut~ o~! l~loadda + ~ ~ ~n~ ~ ~ / ;
the Lws ~ . or order. the parincip?1 am? ot , :
Tffi~ T~oivs~l~1D b o0/100 • • • • • • • • • • • - • • • Do11~s (i 10,000.00 w1t~? ~ _ ~
' iateredt iroa? dste. at the rate o! t'i~re b oaa•,~on~rth pet oentmn ; 5~ 9b ) Per . i
aanum on tbe uapsid bal~roe untll p~id. The eaid principsl snd interest shail be pa,yable at ttse ot~ce oi ;
91'OCSI~ ~ MAATI~T~ ~lIVIN d~ C~A1~Y ~
~ ' in Jscksonville ~ FZurids . or ~t such other ple~oe as the ~
holde~r natar deai~utte In wrItia~~ in a~nthbr installments oi FZFT7[-~'TiiS d~ 30~100 i
. Dottars (i 55•3~ ~ oommencinyc on the flrat day a! i~[b ,18 64 and . ~
oa the lirst day of e~ch mo~th therealtsr unttl the principal ud iaLerest srs tull~? W?td. e:oept ttuit the ftnal
p~ment o! tlve entire indebtednes~ evidenoed hereby. ~ ii n~ot aooner paid. sbalt bs due and psyaWe on the {
' firat dt~,~ oi MAI~ .18 94 . • ~
' Ii deia~ilt be nnade in the p~yment oi aay insWlm~t und~r this no}~ ~?d it snch detault is not made j
tood prlor t~o the due date oi the next such inat~?Ument, the eutire p~Incip~l wm ~tad a~ocrued interest ahsU
st onos beoome due and p~yable withaut nottoe at theopt~oa oi the hoider ot this note. ~`~ilure to exercise
thisaption shal! not e~oostitute a waiver of the t to e~cercibe the s~ma in the eve~t oi any aubsequent
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~ detault In the event oi default in the p~yment~thia note. and i! the aama- ia collected by an attorney •
' at Lw~ the nnderaigaed hereby uree (s) to p~y atl oosts of oollectlon. 3ncludin~ a reaaonable attorney'a fee.
Pt+~aentmeak p~teat, ~nd notios are 6enby waived. . • .
_ ~ . _,,(af Thooss J. 3ullivau -
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s~ lieuQ? C. gu~]lfiran ' • `
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aad lb8s pertorm. d~srre eocecute. e~iect„ compkts, and aomp~ir wfth ~d .
A;d sbaII d~. p~.
abide bs e~ch andenr~~ stipu4tions. a~e+ee~ae~b. eon~tt~ons. and oovaaana oi ssta p aote
! and at tbis mo~; thea tlds mort,~e aad the estste hereby e~+ested s~uD c~ase aad be
nnau~ void. ~
i And tbe mort,p~or finttber oovmtat~ aa iollow?s:
1 ~ L T6at he wiII py th~ iadebt~dneas. as he:+einbetore p:+o~vjded. PrtMkrs is :+aserved to p~,y the '
~ debt in wboie. or in sn amo~mt eqw~l to one or more monthl~ piyrn~?b oa tbe pe~nc~pal twst are next due `
an the note, on the i~rat d~r ~ any month prior to maturity: Provided, lawevar. that wrttt~? natice of sn •
intentfon to euercise w~h privile~e ia given at least thirb? (84) d~U?s Prlor to t: and. Provided ~
~ !'nrWer. thst tn the eveat the debt is psid in inll prior tq matur[q? a
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the provistons a~ the Nationsi Housins Ack be will p~y to the mortsasee an ad,jnsted pr~emium charge oi ~
~ ~ oa~e per oentnm (196) oi the oiiginal principsl aa~ount thereoi, euoept tlut in no ev~nt shall the adjust~ed ~ t-
premium exeeed the ~~r~regste amonnt of pr~emi~m chargea whicL w?onld have been pa,ysble ii the mort-
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m miasione~r ~e,e mortgagee apon its
2. Thut„ in order more ieilly to protect the secucity oi this morts~e. the aart~or. together with~ ~
~ aad in addition to. tha menth~j? ts wider the ter~ns oI the note secured hereby. on the 8rst d~y oi
! ~ each month until the suid note is~paid, will pay to Lhe mort~ee the iolbwin~ suma:
(a~ An amount au~cient to provlde the holder hereo~ witl~ i~mds to p~4Y the nest awrtgag~e ~
- insnranae premium it this instrument and the note secared hereby are insured, or a monthip c6aY'Se
- (in lieu oi a mortgag~e insurance premium) ii t6ey ue beld by the Federal8o~uing Conunissioner.
as follows:
(t) Ii sAd ao loo~ as aid aote oi ew~a d~t~ and t61s ia~est ar~ ia~rd or ar~ reiawred nades tbe ,
' - Pro~i~o~s ot tbe National Honsi~ Ad, ais ~t ~t ~o reeomalate ie tl~s I~aad~ oi the )wider t
~ oa~ (1) moath ptior to ih dns dsta tLs annusl mos~a~ i~wtase~ mis. ia ozder topro~ide auh .
' 6older with funds to p?r soeb prmaiws to tbe Fedsral8oodnt Co ~ por~wnt to tLe Natbnal
' H Aet, a~ amaded, ~nd applieaW~ ~~~nlstioos tbtr~nadsrbefd~ F~ederal Hoo~da,~ Commit ~
(a) It asd~ ~s said note o! e~ren dsb aad iedroaaa~t aer b~
` doner. a moat~ ~(iu lk~u oi a aart~ar iAwrraaes prMSim~) wAid~ shW 6s in an amount f
. eqoal to oae-twrKtL oi ons-half (~K ) P~ eeatws a~ th~ s~arah outdandiai balanas dns on tbe ;
~ - . aots eompnted witbont Wdn~ into aeeoaat ddiaqo~ or prapa7aea~b; ;
i . (b) A wm eqnsl to the grouad rents, if any, next dne. plw tbe pr~iutas that will ne~ct beoon~e ;
~ . dae aod~,~?~ble on poliGiea of fln and other ha~ard insuranoe oover~?s the mort~ged Property. P1us ~
taxes an~ -~aments nest due an the mortgaged property (all as estimsted by the mortgagee) less
~ , a11 sums atready paid thereior di~ided by ~ the number. ot aiouths to elapee betore one month prior
to t6e dste rvhen such tt~o~nd rents. Premiums, taues. and assaameab wiq beoome delinquen~ such
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~ held by mortgagee in truat to p~? asid ~nd renta. Premiums, tuea, and speci~tl aaaeas-
(e) All 4 ment3oned in the two precedin: anbNCtians ot this para~raph and alt pay-
' i a~ta to be n~under t6e note secwred henb~ ahaU be a~ded toretliar aod the te amount
~ t6ereof shaII be pdd b~r the mortss~or each moath in a siasle p~lrment to be ag~ the mort- ~
' . ~ ° ~ ~ ~ to tes tono..~s it~ ~ t~ o~r ~ io~: _ _
' prediw. eA.r~e. tiwd~r tb. aoaa~.et oZ 1~w:.ae...lw w F.~a~s.l Ho~i~ Ca~nia~iane=. o: moau~
~ ebar~e (ia 1ia~ ~~ort~a~s iaau~ pre~nias). ~s tbe e~ss ~ea~ bt; .
- • ~a ~~~~r ~v. aaa otLer LssarQ inwra~a ptrmit~aj
iu brMt ow aot+~ ~cnr~d btr~b'7: awd
. ~(n? aaqrtisatioa o! t~ prinetpal of a~fd ~ot~. .
. . . . Aq~ ~QM! ~A ~M iQ1oWlt Ot suCh ~it! ~1~ p~,y t ~1. OAllr 1~! r00d ~
p~tor to the doe date of the next wch ~nk oo~ns~titute~in ev~eot o? ddanlt undrr thb mortr
~ narttasee ma,y oollect a"late clkuu~e~'~i~R to enoeed two oa?b (?~I !or each doUar (;l) v!
e~ch pyanent nare than !~!'teen (16) ds~rs in arr~ears to oo~v~er the eactra a~cpense inw~lved in hsndli~
~ • - a~t ~r,~a. - . ~ .
3~. That ii the tot~l of the paymeats made by tbe mort~or under (b) a~ piurasraph Z-p~noedins shall .
~ exded. the amount oi w?yments actnally made by the mort~a~ee. ior gronad reats. taxe~ and aases~nentr
_ ~ • ~ • ~ ` a~R~ 85 516
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