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4 l~Ot V~i.jJi~ RiC~Iiliq, t1N IIA~d~til~ped pr0~ti1~0(~) ~ p~ ~ , •
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~ ~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
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~t~t, ~o~k,~a ~ ~ ~y ~~ea. - .
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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 -
.
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