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i ; l~ VALt)a YD~I'~~RO~ P~'1~88 ~s~ b~ p~y t0 j
~ . • ATICO ~I1~A!lCIAL COItFORATICl~ ~
. a aorporation o~nfi
ths isrva of Dela~rare . ar oarder~ tbe pr3adpal wm oi
- . . ~t~t hu~ndr~d litt~r ~ad lfo/'100- -----•------•Do11~rs (ilS,B
. interea! iran d~ts at the r~ts ot1~i'a ~ 4ue-Qu
~rt~r per oentu
~ ~ anaun? on the unpaid bslanoe nntil paid. The s~id prtacipsl and interest a1~aU be ~
, : AZ'ICO 1~'I1~ApC2/1L CORPORATIOl~i
; Mia~i l. Florida ~ , or at
- ~ holder m~y deai~?ste in wrtting. in monthly instailnseata oZ Ssvedty • ix ad
' Dotlara (i 76. S9 - aommencing on the firat d~,y o! No~?eatber
~ on the tirat day oi each month there~i'ter until the prlnclpa2 and intere~st are rulq,? P~
` p~tyment oi the ent~re indebtedness evidenced herEby. ~i not aooner p~?id, shaU ba d
~ nrat dy? of O~atober ,19 94.
. !R .l.e~.f..?# l.ss sne~r~ss ~s. }jf~ Tf~!!~T?~Yl?f ~l1t 4wq i~~4~II!wsw~ UHf~R~ f1118
` ~ ta ascawasav w ~..r _ _ -c _ ~ • " A0~ Sila ~ S1
' sood pt3or to the due date oi the next auch instalfrrcenk the entire princip~l sum unc
. ~t onoe b~o~ne due ~?nd p~aysble without notioe at the option oi the holder of this no
thisoptton shaU not cw~stitute a waiver of the r~h! to exercise the same in the.e~
- deianik In the eveut af default iu the payment o~ this note, snd if the awae ia a
~t Lw, the undersigned herebY a[re~ (s1 tn pa~r all oosb of ooDection. includin~ a ra
Pre~ent~oaent, Protest. ~ad aotioe ai+e hereby waived. `
- (3tate Docva~enta gta '
~ affixcd to ori inil aote, ~ieltard Johe.on
~tiaLard Johnson
- 'and cancelled.~ -
~ . ~ Jane ,ZoLns__
on
. • Jane Jol~tuoa
- And aLaD d~lY, F~~,
,~~14? Periorm. disc~rSe. e:earte, eHect. oaaplet
~de b~ a~ch sndever~ t~?e atiDalationa, a~e~nts, conditions, and oovenanb oi
~md c~ this mo~a~ thea this mort~ and tha ~ts hereby p~a~ ~p ~
~ And the mort~ag~ur lnrthe~ oov~anb as fdbvva:
- 1. That he wiU psy the indebt,edness, ~a heretnbefore provlded. PtIviiere i~
' debt in who1~ or in sn amount eqn~l to one or more monthb? p~ymenta on tbe
on the note, on the tirst d~y oi any month prior to maturity: Provided, however.~th
intentioa to euercise auch privile~e is ~iven stt least thirtY (30) +~ys P~' ~ I~p
• turthv, that in the event the debt is 3~ in full priar to, mat~trlty aad at that ti
the pr~visions oi the Nat3onnl Honain~ Act, he vviU pey to the mortsa,`ee an adjusl
oae per oentam (1 ~6 ) of the origlnsl principal amoaat t6ereof. except t~at in no e
pe+emium exceed the ~gr~eg~te ~aaount of px+cmiumn chargea arhieh wonid have be~
~a~e had continued to~be iius~red nnti~ maturitg; snch pa~ytne~t to be spplied by 1
~ obiigation to t6e Federal Housing Conuniaaioner on ~nt oi mort~ase ins~rAnc
2 Thst, in order more fnlly to protect the secudty ot this mort~e, the mo.
~ and in addition to. the menthly ts under the tenas oi the aots secured he:
each awnth nntil the said notc is l~Paid. v~n71 PaY to the mortgagee t6e ioDown
: (a) A?n amounE su~cient to provide the hotder hereof with i~ads to ;
, insurance premium if this inatrumeut and the note ae~red hesrby s~re inaar~
. . (in lien of a mortgag~e insuranoe premium) if they sre held by tbe Federsl ]
• as follows: ~
~ (c) Ii and so l~g as s~id note oi er~? dste aad this i~rtrameat ue iasnred o
Pmfisions ot tbe Natioiral $onsin6 Aet. an ~aiouat sn1lldent to ~~owmuLt
. c~e (1) moa~tL prior to ib dne date the annual nw if~ranoe premi~
. ' 8
der arith iund~ to ps~ s~neh pt+~aiwa to the Feder~t~
H~iudnt C.anuaisrFo~r
. (u) It snd w~is
a~id~
~no~'t,e
ol~eve~~ 1leabis tbera~nder• or
~ date and~~~inrtroment ars I~d the
_ sioner, a mout6b? ~(in lien ot ~ aartg~,~a in~uranes premiaa~~ ~rl
. note ~
n~ted witba~t taktna into aoe
;int ~r on?tum ot tb~ a~ersae ont~
~ P~Ymsnb
. (b) A snm equsl to the groand ten#a, if u?y, next dne, pltu the premium
- dne aud ptyable on polic~ea oi !~e snd other hasard inauranoe covering the m~
. tues and asaesamenta next due on the mortgaged proPertj? (all ~a eati~nated
~ aT1 snms already pa~id therefor dtvided by th~ nnmber of months to elap~e l
' to the th?te w6en auch 8round reots. Preraiums, taxea. xnd aaaeasmenta ~v3111
. s~ms to be held bq mort~agee in trnst to pay aaid ground renta, P~~s, t
. . t, m~ta; a~l
. (e) ADp~ entis mentioncd in the two Preoedin~ snbsectiona of this
~ meats to be made
under the note secured hereby ahalt _be added to~ether and
thereof sl~ll be paid by the nwrtgagor esch month in a sia~le Pa~ynnent to
. s~ee to t6e tolbwln~ ite~ns in the order set iorth: ~
P~~ ~ w+der tbs eoatraet a! ~nanrara wftb ths Feaeral Hood~
' (n) s~r
~~ta~ca. a~~rea~m~s?ts;~IIra~,
~nd
~r~~~aSa~e+d~iASO~~
pr
m~ins
. ~ (tn) i~ terat on nob ~eeared he am
' . (n?j aawrtisattoa ot t~rs ptiuefpal of p~'sd not,e.
~~C~e11Cy ~D ~le i~liOlUtt OZ 81tC~1 a~~l+Qg~~ ATOri~ psy~
t i~~, tU
~ - n~Ht~o~r Prior to the dne d~?te of the~next such pa~+ment, oonstitute sn event oi ~
p~+e. The mortgagee may oollect a late char~e nat to e:eeed two eeab
~ • ~ch piynient more thsn ftite~ (16) dsys in srresrs to c~over d~e estra eupec
delinqneut p~?ments.
3. That i! the t~ of the ps,ymeata made b}~ the mortQagor uader (b) o! psr~
F !R~ ~~1O11At Ot payMeAti iCtUJaIy Tl~@ Uy the mort~s~ee, for Re~oqnd r~nt
~
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