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HomeMy WebLinkAbout2709 • Lri• ~ • ~ V ~ 1Y~C~Yi V' f r~ 1 ~lY~ • ' -~A~ . y f~v. - t~ ? +r • "T ~ ~ " ` ~ Oa ~ ~ L ~ I . . . , . . •••r ~ ~~1, . 4 l~Ot V~i.jJi~ RiC~Iiliq, t1N IIA~d~til~ped pr0~ti1~0(~) ~ p~ ~ , • ~ : i' ' , • ~ ' t v~ • . • \l y ti . ~ ~ ~ ' ~ a 001'~O~t~QA Q!'j~ ~ ~Aj Vlldpr i ~ ; ~ ~i~ t~ ~i Ii0 ~IOQ'l~ ~ 0~'~'~ ~f0 P~D~ ~ ~ . ~rfiOMf ~CNiY1d . I ri~e ~u~,~ar~ wa 300~----------------••---------- (i 33 5oo.po 3•.~t~ ° ' intere~t irom date ~t the nta oi ~i~ne and ans-qu~eurtar . ~ per o~'~ua~ t ~ ~ ~anum on ti~ unp~d b~4noe wttil psid. The s~d prtttclp~l and Iaterest shap be p~y~le s~'~; oflke~ot ~ ~~'~8+~~ ~s ~bst O~lce 8ooc 7''j0~ Rivere3de 8tettia~ ? • hoWee' m~y desi~aate in Wrltiri~ in~ insWlmeata of Sdwe~~ lbur end 1A0--•~ ~ ~ Dollara ti 7~•66 oo~neACin~t ~ ~ ~ ~i? ~ Dace~ber .18 64 . ~1 ~ on the first day oi each mflntb therestter uatil the prlncip~l and intereat ~+e iuUY Puid. ezcept ttu~t ths flaal payaaeot ai the eatire iadebtedaees evidenoed hereby, ii ~ not aooner psi~. ahalt be dne and psy~ble on t~he :i ltrat daS? ot Uon~ober .1894. ~ Ii deiault be m~de in ttte pe~pent oi any instaUment wider thia note aad ii sttcb def~ult is not m~ds ~ rood Wrioi' to the due de~te of the next ~uch i~nstaltment, the enttre princjpa~ swn snd ~ocrued Interest ahaII at a~oe beoome due aad p~y~le without nattoe at tbe oi the holder of this note. Failure to exercise this ehall not oo~stitute s w~iver of the rI~ht~ercise t6e same in the ev~t oi aay sub~equent ~ ~i k 1n the eveat af dei~ult in the payment oI this note, ~nd if the same is coliected by sn attorneryr ' - at l~v~. tbe underai~ned he~re6Y a~ree to p~y atl costs oi ooUectio~ f nciudtn~ a rea~sauWe attoroey'a iea ~ ~cn ~ - , ~t~t, ~o~k,~a ~ ~ ~y ~~ea. - . ~ . lal..~.~.r~n.~_~:, ~ssn~ , ~e v. ~ais,~.8, ~r. . • . . /s c. ~s~s~ a~ s~ _ ~ . ~ . • - fi~. _ C~ ~ _ . ' ' . . . A11~ i~lA~ ~Of11~i i1~ ~O~p~ ~@~8~1~ OOtIIP~~r ~ OORtp~ ilj~l illl~ A~f~ E1~ lwCll ilN~ e B~pU~ ~ jR~A18A~. Q~~O~i~ iM~ OOV@D~TitB 0~ 8S~ DO~! iDd C~ ~N A'l01'~~ ~l~i tDOP~j~B it1~ ~1B BitAtB ll@riC~1j/ C~i~ i~ 08M@ iDd bR II11n VO~. • , ADd ~l@ a10~'Olr ~ I~OV~ilti Ai tOUO~YA I I. T6at he will pay the indebtedneas„ As hereinbefore provZded. Prjvile~e is t+eeerved to p~y the - debt in whole, or in an ~mount equal to one or more monthl,y p~,ymenta on the prIACiP~1 that are ne~t.dne on the note, on the flrat daq ai any montb prior to rnstur~ty : Provided, hovrever, tliat written notice of sn ~ intentian.to eserci~e aach privitege ia givea.at ~at tl~irq? (SO) ds,ya Prior to Pre~SYment; and. P~vided turther. lbst in the event the debt ia padd ia fnll prior tq matnrity and at that tmae it is insw~+d ander the provisions o! the Natioiul Hoasint Ac~ he wiil pty to the iaort,garee an adjusted pre~nium cBatge af one p~r oentnm {196} of ~he original principat sunount thereof. exoep~ t1u~t in no event ahall the adjnated ~ pre~imn eueeed the te amount of premiumch~xgea wb~ ~vould hnve,been p~,y~ble if t6e mort~ ~e had caatlnued to$~ured untD maturity; ench p~yinent to be applied by the mortgsge8 upoa its 4 obli~ation to the Federal Houaing Can~nissioner on aooount o! ~rtga~e inaura~~oe. . ~ 2 Tlutt, in order more fully to pmtect the sea~dty oi this mort~sge. the morEgagor, t~ether vviit~, . and in eddit~ to. the menf~hly ts nnder the tenas of the nate secured hereby. on the Rrst day o# mch manth until the said note is~p~id, w~71 p~ay to the mortgs,g~ee the folbrv~n~ suma: ~ (a) An amaunt autflcieut to provide the holder here~o~ with iunds to psp the nest mortgagie inaw~sr?ce premivnn if this inatrument and the note aecured het~eby are inswred, or s monthly chatr~e (in lieu o! a mortgage insurance premium) ii they are held by the Federal Housing C~ommisaioner, aa followa : • _ . . , (t) It u~d ~o lo~ as add nota ai even dste and this i~tro,menb are iniured or ars ~+einsured ondas tbs . " Proridons oi the Nstional8onsins Aet, an smo~nnt sn~t to aewa~lste in-t!~ 6ands oi tba ho~ - aae (1) ma~th prior to its dne date the sAnual mor~ase insuraa~ remtwn, in order toprn~rlde aneh holder rvith innd~ to~a~r aoeL pre~inm to tbs Federsl Hoqdn~ p' a~er pnr~want tu tbe ld~tiw~al' Haui AeE,.is an~ed, and spplkabls• thes~oad~r• or - (nj Ii aad ~u~ as add nota oT evea ~ate ~d~1~~iadrannea! at+e he~d tbe Federal 8owina Comnoi~- ~ sioner, a awn ehar~s (in li~a ot a mortgs~s ia~iraaas pr~miua~~ w~ieh shsll be in an ~modat e9~1 ~(~YTis) ot wse-hsli Per oautum a~ tbs asera~e ontda~n~ balanoe dns aa tbs note eompntsd ~ItUont taidag into ~eooant delinqneaeles dr prapa~meata; ~ , _ (b) A wm equal to ffie ~ra~nd renta. if ansy, neut dn~ plns th~ pr~nianna that will ne~ct bec~ane dne andp~yable on policies o! ~re and ot6er hazsrd insuranoe ooverir?g the mortgaged ProP~Y. P1ns an ta~ces ind assesament$ next dne on the mortgaged properEy (ali ad ~ti~nated by the mortgagec) leas aU sums stre~dY 1~ therefor dIvided by the number ot months to elapee before one month prior , to the dste when anch ground sents: P~~, and aaaessments will became delinquent, au~ ~ . amna to be held by mortgagee in tavst tu P~Y ~ S~nd rents. premi!un0. tauea. and sPecial assess- . , meata; and ~ ~ (e) AD 4 mentioned in the two precedina subsections of this paragtaph and ~tll p~y ~ = ments to be n~~ er the note secnr~ed hereby ahall b+a ~ed to~ether ~ux1 the te smount thmot shall beQ~b~? tha nwrtEaro~r a~ch aa~th in a+daQl~ Payme~t to be ~pqp~~ the moit• . . ~ ; ~atee to th~ i ftans in the or~er a~t forth: . ~ ' (I) Praain~ ebar~es ~der tLs eontraet a~ iasaranes wlth tba Fedenl $oodnr ~ooamia~io~er, or~montbi! . f tt)g~nn dr ~t liaa o[ narlaase ia~ar~tnrs p~wa)~~ in~a pe m~tumt; . cm) jateiYSt on tbe n~ote ~I~e~r;~ibdd ~ . ~ tn) smortisatioa ot ti,e priadp~l oi ssid n~. - . A11~ ~~C~eACy ~D ~18 ~QlQODt d~' S11C11 ~t@ 1q0II~ ~ylll8pt. itli~~. 1i1i~E8i IDi~@ Q~ by '~lA . ~aorlt~ag~oar prior to the due dxte of the aext auch ent, eonawq~te iw ev~at ot defiwlt under ttds nwrt~ ~a~+e. Ths mort~a~ee maY d,llect "late cliu~~not fo ezoeed'two cenb (Y~) tor each dollsr (~1 0l ~reh p~at more lhaa tift~en (!b) d~tys in arees~rs to oaver the extra expeius involved ia hs~n~ deliaqndit P~4i'me~b- - - . & Tlut ii the ta~al of the paymenta m~tde by the nwrtgagor w~der (b) oi pua~raPli $ P~~t ~1t ~ a~oeed the amonnt oi psymenta actwily made by the mortgag~ee. for ground reats. taxer and sss~neats - . ~ V . . ~A F r.r ~QJ . ..?t j • - _ - - - ,.a..,.4