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`IAT~US ~Y~ ~ ~ Pt'~~ ~s~ ~ ~ r . ~ . f • . . ~ . . .
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• A?I~0 1~=11!l~QIAL QOitpORA'1'I~ .
. ~ a~rpo~ioo on~nized +~nd ~o~ng ~inder
I . tbs 4ws a! Oala~rars . oe~ o~'. the prlncipi?t w~s ot Fovrtasn thowaud
O n
s M
u
ti
d r
e
d ~ il t~
r aud l~/~00 ---------~----~olt~r~ t~ 14,150.00 with -
. int~+est irom date at the rate oi l~i~a ~C Oua- Q n
a
rtsr per oentum ~ S} 96) p~
annnm on the unp~d b~lanoe untll psid. Tltie asid principal and interest s~uU be p~yable ~st th~ oSfoe oi
11TIC0 lI11~i1CI~L OOBPORATION
' ~ Miaai 1, 1~lorida . or ataw~? plaos aa th-------
hotd~r ma,~r deei~n~te in writtt~ in moathly inatsllm~?ts at Ss~sat~ eight and ZS~100
; Dollsra t¢ 78.~3 coamneiecin,~ on tbs ~rat d~y at Deaea~ber .186~ . snd j
~ ~ aa the flrat day ot each nwoth theresfter tmtil the princip~,and inte~est ars iuUy p~id. e~ooept tlut the lmal ~
. pay~ment o! the entire indebtedams evideaoed hereb~. ii not sooner psid, shsU be doe and p~ysbk on the
~ ~ ~ liove~bar .18 gy. ~
, Ii ikiwlt be m~?de fii t6e p~ym~?t of any inat~Uaa~t under this no and ii snch deiault is not made
; ~ood p~ior to the dne dste oi the next such instal6nank the eatlre prlncip~ sum ~nd aocrued inter~t ahsll
~ . at onoe beoome dne ~tnd pa~YaWe a?ithont notiios at t6e option oi the hoWer oi tbis note. Failure to e~cercise
: this~~an ah~U not conatitute a~ver oi the ri~ht to esercise the ssme in the eveut oi any subeequent
` dei In the event ot deisult in the p~y~ent of this aad if tire ssm$ is oollected by an attorney ~
st LM?.the twderai~aed herebY a?te~ee(s) t~ p~y sll oosb oino~d~tion. ~ticludit~a reaso~ attorney'a tea
f~~ ~ I'~ent~t, protest, sod botioe ars hereby w~ived. . `
~
; ~ ;
~ (State Docniantary Stas~ ~+illts~ E. El~ton (SFAL)_
' ailixed to o iaal note Walter E.. Elston
i
~ and aancelled. - " ~
(
~ ~,=jorie M. El.~ton , ESF~L) '
~
; _ ~ ~ Mar~orie M. ffi~ton
;
f - And sbaII dn~s. D~, e~cecnte, eseet, aooal~iete. and oompb wlth snd j_.
~ al~iie b~ e~ch and e~p~a1~P~1~tioOS. a~e~n~nb. oonditi~~os. and oov~ensnts oi s~id pe+omisssr~? nota y,.
, w
d a~ t
h
i s m
o~ r
t
~
p~, tirea t6is m
o
r t
s e and the estate heY+eb
j
r ar+e~ated shaD oease and ba null and v~o~d.
~ A~d tLe marts~s~a' turtLec oovea~nts as idbwrs:
~ ~ L~st he wID pyr t6e indebt~ed~ess. ss hereinbefore p~e+ovjded. Prlvnete is i+e~senred to p~,y the
- debt in whde. or in aa aa~onnt eq~ut to one or ~ore naut6ly p~,ymeab on t6e prlnctp~l t6at are ne~ct dae .
oa the note, ~ the arst d~y oi ~Ur month pria~r to matturlty: Pravided. lwwev~er. that writtea notioe a~ an
iutwtion to ezerciss wdt privtlege is ~ven st lesd thirt~l ~Vs P~ ~ e~ t; P~'o~~ .
~ furl6er. f6at in the a~vent tbe debt is paid iin inp prior tQ matatlty snd at t6st~ti~is iasured under
. t6e peovlstom a[ the Natiotul Ho~aias Act, he will p~y to t6e ~no~a~es an a~justed pr~emima ehar~e at
. a~ pe~ aent~mn (196j of ths ori~inai PrinclPal amoant thereot, e~u~ept t6ut in no event a6all the adjusted
~'~~had ~
ued
to~~e -insa~ed~tiltmsturi~tmY i~sach
p~i~yn~w
t
t~~o ~ap~pii~ed~by t6e npon its
abl '~tion to tbe Federal Houdns Commissioner oa ~rooount o~ mwrt,~a~e insuranoe.
:
• - Z. That,~ fa order nwrs inUy to protect t6o secnclt~r of this mort~?~e, the mort~a,gor. tag~ether wIth~
i-: and i~? additio~ to, the menth~jr ta under the terms oi the nute ~ecnred hereby. on the flrat da~? o~
: e~ch tnaath tmtil t6e sud note isp~paid, w~l p~y to the aart,=a~ee tbs ioliowin~ swns:
~(s) An amonnt w~d~t to provide the ho~der herea[ with fun~s to psy the nest mortQage
~ . insuranoe pr~nium ii this instivmeat snd the note aecnred hereby are inanred, or a monthly charge
` (in Hen oi s nwrt'S~e inauranoe premium) if tl~ey sre h~eld by tlre Federal Hauing Co~nmisaioner.
; ' ~ as ioUowa: '
4 (l) It iDd ~D 1WIs Y pia 110t! 0~ sV!!1 dit! iDd fblt ~1~i'I~.i~ ~Ot'!d Ot il'0 t~l~W~ Ofl~ ~f! , 's ~
; - . ProvLio~s a~ tbe N~tioosl Sousins Aet. an amo~t samdrat to searmnlate in N~e baads oi tbe holdst
w~e (1) mooth psior-to ib due d~te tM swnal mottia~s~~i~amaeosCb~m~ern~, ln ord~r to ~ra~ide wek
• boldes with taads to p~~r a_~eh premiota to tbe F~daral H pnrsa~nt to tbs Natio~sl `
~ . H Aet, ss ammd~. aad ~pplia?b1s B~~olalio~ t~e~de~'~°~ t6a ~'ederal $~n~ Commi~-
; . (a) It and~ as nid aota ot e?en dstis and ~is-i~eat su~s
: ' ~ ~ioaer. a moa
~--b e~-a~ tiu lien a~ w aartaap iyuo
~premioa~ wbieb sbsII~
~ aa
~t -
; eqoal tu a wril~ii~
~ (~s) of ae~e-bsl! (~K ) Per ~er+~'s oatstaadin~
t .
p .
" nots aoa?paad wittiont t~1da~ into a~eeoyat daliaqoesaLs ot pr~p~ayme~b: .
E ; (b A smn eqwtl to the ~e+onnd r~ts, if n?y. ne~ct dnR plos tlte pre~ninms thst wUl neut beoorne
F ~ do~ ~~y~e on pdic~ea oi lie+e and other has~u~d inaurance oov~ the mortS'~8~ P~Pe~Y. P1~s _
~ ° ttu~es and -~ta neut dne on tha mort~asednm~~+~o.perty (aU ss estunsted by the mortgagee) less
~ ~ aD wma sire~dT psid theretor divided by the n of nautbs to elapse before oae month p~
~ to tha date when such ~ronnd rents. Prentiams. tsses, and asaesa~neata w~l beooine d~iinquent, a =
s . .
; snms to be heid b~ aartsues in trnat to ppy said ~round rents, D~~s. ~ aP~~
~ . . _ m~ts: snd
, E (c) AIl b n~tioaed in tl~ two preoedin~ aub~ections oi this pr?ra~rapL and aU p~y
ments ro be n~under the note aecured hereby shaD be added tosether and the te ~unount
t6ereoi ahaU be psid b~? t6e mort~a~or e:ch mw?th in a,ain~ie p~yment to be ~yp~~~ the mor~
g ~ ~~ea to the,io~bwtoj it~ems ie tLe ordar set iorth: .
~ _ t (t) Pr~mim` d~rpi tiad~r tlM eo~?traet at issnr~es wifh t~ Fed~rsi Hoad~ C~oo~miadoaer, o~r mout~? ,
~ , (ia lfw at a~o~rt~ iasaraaMp~ as fbs ew ms~ bs;
aad otber l~a~ara ia~nrana~ reo~ime~
~ • ` - . : ~ - ~ ~o~ f~
m~`t~ Meared l~e~~iad P
E , ~(n~ amoa~satioa ot t6~ prixipal ot ~aid ~ate.
~ • . , : ~ • ~1 ~l ~ ~llOqDt Ot dI1Ch i$$~E~l~! lUOi1~y m!!1! ihS11. 1IDksi D1Sd! s00a b' ~l!
; , • pl~O! t0 ~lO dll! f~L~ Ot ~1B DBXt it1C~l t, ~~IIt! sD ~i~lt O~ ~~11~ IIDa@1' ~1~i IDOlri~
11 l
~ r~` ~
more th~n~fltteen~(16 d~ys in srrears to oo~ver the e:tra =es~pease involved ia ~haadlfnt ~
~ '
' ~t p~?me~b.
i,~: r` 8r 11u~t ii the total oZ the payme~tt made b~r ths mort~aQor nnder (b) of p~ra~raph 8 preoedit~ aha11 .
~ .~,~~osed the aa~ount of psymenb actualiy n~ade Mr t6e mortgag~. ior se+ound t+eflb. taxes sod ~fii ~
~ ~ ~ ~ • ~ . ~ F~~ ~91- _
~ ; _ _ . ~ ~02 ~
~ .1 - :