HomeMy WebLinkAbout2286 w . . ,
~ w i.
a_ ~ ~ ,
I+bit V~1.Ue R~c~?~ ths undes~l~ned Pi'aaise(~) to P~V ~ ' ;
. • , .
~ ~ ffi v~~~ Y~tTQAf~B 0O~1~AFY~ INC. .~.~•~`~y:' ~
0~, h.~lf:,~.' ~~16 {U1~OJl.lI~K Id t. e:~is)$~fi7P1~•(~~.'•- 1~~ a` •t , ~}~y~~?~~~ a~;=
t;~~ '
~;r~~~:l~l:n ~1~!~:~I.~: rl•~il iL~{~ i1~l~i.~r~~Y1V~.~.:1;1~! '):li. ~jl~;{i~.~'."~".rw~riYA{~~~~.~77*TT.~'~ uQd~
tl~~1aw~~of;~.• Stete of' `~'lorida , or order~ the priacipt?1 awn of . I
$~iV~'~ "'~~~~-~~Z~ AI Q~~~~ r•:~;:w :~pQ~s'4:~: ~~6~~~ils ~ ~ •tj) t~rl~~
~uterestirom'daf~~atth~~?te'oi+} :five~~~e~d; o~ae•~our-~hj~;,~. ,~,.~peroentwn:(• :^;6~:~s; ~96) per
~ ~~~'~~a.~"p~~.~~a:` i:'~~,~a,PriuGips't `~nd ~nteY;est ~u?ll~be piU!abte "~t ~tt~e, ~ ot ~
~~;:.:E ~t :.=,i ;;,c ~~,~OCAUGHA,~1.?l~~tTaAaT~ QOMFA.~1'X~,:I~C.:~, ~
r~~ :,.s ~w;il~.~ :?~Y. i~Liii~.: ?0brsi~~l~ebleo ~~:Blori~da~ . ,~~tsuch~?erpli~aaafhe '
hader`n~u? aeei~aute in:w~tit~w in'mon+hlg ~na~umet?ts or SIXT7C:~`aa8 ~d~. 42/1Qo ~r. .,,~r ~R:~ t
Ao11ar~ =(='64u~:c~,: r ao~a~nenc~a~ on the 8rst da,y. oi October .,.1864 and
, , .
. on t~ie: fl~~~y; q~ ~ac.$'~i~}~~sret~iter~~u~}til t~e. prlqcip~l ~nd:ip~et~t ~'re ,;u14? ~uid; ezoept th~t ttie finsl
pqYmeqt~t~;tlre~eutiire In~debt~edt~savidQe,uced herebYr ~t ~e~S~.PAid.,~ I~A,due An~.p~?yable ,on tliq
. ,u'jt~'Vl:f:i'~,p~ 1'• -~1~ .~~•~~7!~~:i~f ; ~F.c .llirl :1. . ~j {~i:. _ 'i~i f.~ ;:i~' 'l:j . . •i
;.:1i.l~ti. . . ~t ~ ~ ~1;,~ ,i ~ ~ ! . ~ - : : ' . f . ~ ~ . .
ilp,t~iult fie rinade in't~i~e ~ea~ of.An~i in~taUme~t:tinder ~is'qote' ~~if ~ucb deiault ls~not'made ~
R'~ P~ ~A, the due.d~?te'oi'th~,ne~cit.~ucti inataU~nenk the,entirs ~prluci~ s~1in'und'~ocnieii `intere~t shall . a
st ouoe beoc~me due ~nd p~ynble with~t Aa~~e at':theoptiori o! t~e holdet oi thi~,pot~ Failure to exerc~ee . i
this optioi? not: oo~titt~~ w v~r o t
he t t,
fl, exercise e, s a
u m
e i
n t
h
e ~
v
e
ri
t~ ~
f a
n
y s
u
b s
e
q
u
e
n
t ~
defsulk,,~ :~n ttie even~ of"d~faull, in th~ pqyinen o tlus nR ~h~ii. ~
aame~ ls collected b~ aii attorney ~
~ ..fr'.~X ~~4 ec
t
io~ u n~
b e[ ~
t
t
o
l~
n
e e f
e
e. ~
~t l~iw the uad 8??ed h ~e) p~1? i5o~ts of o~. .3{~Cl din~ ~'easo 1 3?'
r , . . , . . . ~ ~ .ia,.: , , ~
. ~~~Q~i>.~fA~k~~ ~~5~ 11alQY~'~~V~ ~:U~f .~tii,l.:~: •i.~. 1::~1~~~ ~"~:~.5'~ C:1't_l.'c 'ir~ ~t.;, _ ~ ' :
7
- , • . ~ .le/ Jola? Milea Cooper, Jr. . ' ~
es per~ r.
~ - e 8~rbsrs Jean Coo r
~ ~ . " eea ooper
~ .
i
• And shaII dn~. . and ~hlb Pe~'torm, d~Char~e, ~P~~. ~~mply wlth snd I
h
~ ~b3de by a~ch andever~ atiPulatioas. a~reements. oonditioAS. snd eovenants of asid promissor~ note
and a~ this a~ort~a~ th~ this mortgitge and the estate bereby created aball cease and be n~ill snd roid.
~ And the moart,~a[or iartber oovensnts as iollows:
L T6at he wIU p~y the indebtedness, as her~inbetors provided. Privilege is seserved to p~,y the
~ d~bt in whole, or in an amount equal to one or more monthly pa~yments on the principal that are next due
• on the not~ on the firat day oi any month prior to maturity: Provided, however, that written notioe oi an
intention to e~cerciae auch privileg~e ia given at leaat thirt~? (80) da3?s Prior to prep~yment; and, provided
furt6er, that in the event the debt ia paid in full prior to, maturity and at that tiine it ia insnr~ed under
t6e provisiona of the N~tiow~l Honsing Act, he will p~y to the mortgag~ee an adjusted premium charge of
. one p~r centum (1y6) oi the orig?inal principal smount thereoi. e~coept that in no event shaU the adjuated
~ ' pe+emium exeeed the ~re~ate amount of premium charges which wo~ have been payable ii the mort-
~age had oontinued toabe inanred untfl maturits: such p~yment to be app,ied by the mortgagee upon its
~ obligation to the Feders~l Ho~aing Commissioner on ~woount ot mortgsge insurnnoe.
' 2 Tl~st, in order more fuDy to protect the secu~ity oi this mortgage. ths mortgagor~ together wit!~
and in ~ddition to, the menthl,y aym ts under the terma oi the note secured hereby. on the 8rat day oi
- esch month unt~ the said note iap fully~paid, will pay to the nwrtgagee the iollowiag suma:
(a) An amount au~cient to provide tfie holder hereof with fimds to p~,y tt~e nezt mortgag~e '
insurance premium if thia inatrument and ~he not~e aecured h~ereby are insured. or a month~? charg~e
. ~ (in lien oi a mortgage ina~urance premium) i! they are held by the Fede=al Houaing Commisaioner,
as fallows:
f (i) I! and ~o b~g as aid note oi
eve~ date aad t~s indsument are in~ared or wre reinmred nnder the
pravLiwu ot the Nstional Houaing Aet, ~n saaant so~dent to aeeumalate ia the hands a~ !he bolder
° j oae (1) montb prior to its due dste the annusl~o~a~e insuneios Premiam. in order to prw~ide sneh
l , holder wit1~ fund~ ta pa sndi preminm to tbs Federd-H-oosins Commi~dw~er ponuant to ti~e National
Hous~n6 Aet. as am~ed. aad spplicabls gu tbera+mder• or
~ i ~ ~(n) It and su lon` u ssid note oi even date aad~l~~ii '~~instrument sre he~d b~ tbe Federal8onsina Coramis-
~ aiooer. s montbly (in lieu oi a mortgage inwranes premi~) whieh s1~sU be in an amonnt
~ • eqwl to o~e-tw~elith~(~is) oi one-hsli (~!i 3 P~ oentam oi tbe averaae ontstsading bslanoe dns on ths
~ nots eompnted witbout taldna iato aooount ddmqn~ndes or P~7~b: ~
' ~ (b) A snm eqaal to the ground rents, if any, ne~ct dne. plna the preminms that will next beoome
' ' dne aad payable on policies oi tire and other hazard insnrance eovering the mortgaged property, plus
~ ; ta~cea and as~esaments ne~ct due on the mortg?aged pmperty (aU as estimated by the mortgagee) lesa _
sU s~ms ~Irea~dy paid therefor divided by the number. of months to elapse before on~ month prior
` to~ the :dste :Whep: suc}~ S'round reata. preminma taues. and ~sseaspaent$ will b.ecome: d~linquent,,such
~ ~ aro~.~ ~ . ,
~y~ w~s t° ~e .]ield-by p'°Tt~e~=~P tryst jt°: psy s~'~ ground rents;: ~ireuiinma; tu~cea,~ an~d apeciat assess~
~ ~ - f . - . . . : ..:..t ~ ~ : ~ ~ . :
, pu~.: - - . ~ . . . .,y , . , - ~ . . , .
t ~ la~ Aii payments mentioneSl iri ~
the two ~ precedii?g aubeections qi th~s psragraph and ~ all ~pa~ji-
~ i meats to tie made under the note~secwred fiereby shaU~be added~'togetl?er~sad the te~ amount
~ ~ ttiereoi'ahaU be ~ paid by~'tlie aiortgag^or e~ch• ~nwnth ~ in ~a single payment to be appL~ the ~nort-
; y s~ee to the iollowing it~ems~ ia the order aet torth: ~:~:'a~~~-.
's ~ (t) premium ehsr~es andes=#bs ~ooatraet oi-insnr~eswlth t~is~FederalHopda~ Cb~mi~do~rar. or mw?thl~
` ~ (in liea ot mortaa~e insonaN ranima)~ as ths a~s msy bs;
~ , • (a) t~e~ ~ otber hatard iawranoe pna~inm~;
(m) tereit oo note ~ecnred benby; and
G ' ~s~~ijs!.,t:~. i.•(ct) am~o~ti~,~t~IIrindpsio~s~idnote.
~ ~ ~,s~r~,An~ deficiency in the amount of such a$gregate monthly ~aymeat ahaU~ u~lleas made g~ood by the
; ~ morl~~~o~:tp,the due dste oi the next such pa~rment, ew~sbtute xn event oi def~lt nnder thi~ mort-
~ ~~SsSee msY collect a"late charge' not to ezceed two centa for~each ~dollar ('~1)' o~
~ ; • e~c1? P~Ymeat more than ftftcen (lb) daya inp arrears to cmrer the extn ezpense involved in handling '
' ~1DQ~t' ~ . ~ ! ' ~ . ~ . 'cf ~ i;t
j .
~ ' 3. T6st ii the totsl of the paymenta made by the mortgagor under (b) of paragraph 2 prECed~ng shall
~ ~ e~[eeed.the ~no~nt oi psYments actually made by the mortgagee. for ground rents. taxes and assea~ments
~ ~ . ~
~ ~ ~ . , . ' R ~ ~ g~ rur~ 485
~ ~'j Q ~a~~ . ur
~ # - - - - , - - - -