HomeMy WebLinkAbout2584 ~ • • , ~ + ~ . ~
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l~b~t Vi~ R~c~n?~R ~ ns&es~ad De'osiM(s~ ~s Dq 10
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; d. I. =ISLI[ ~'C~IGS C~O~OB?ltt~'O~ tIi0RI~1 1
~ . a aosrpontioa oe~asiMd a~ ~oclsdas nnder 1
t~e tsws at Stat~ ~ o~! lLortda . ae oe~der, tlrs petne[p~tl am ot - j
~ T~1 T~009~D~ ~ ~D~D i 00/100 • • • • • ~ • ~ Dallsn (i 10,500.00 I. with ~
~ iatere~t iraa dats at tbe r~te ot !iri ~ o~e•lous~h l~' ~ 5} ~f?) per
~ annam an tha anp~id bslanoe aalU psid. Tl~s asid priudpal and intArat sl~aU b~ pyrabk at the oaloe of
~ ~ J. I.~II87ii~
G$ C~PO~i?TTf~t ~F ~ORI~ A other place as the
; holdar m~y daipu?te in wrttia~ in mro~tl~? i~?llm~ts a~ FIAlZ•E~GST ~ 0? 100
Do11~rs (i ~8•~? oommendns on ths lirst da~? oi lPffiL .18 65 . and
; on the first day of a~ch naath ~ uatil the prtnciyst ~nd intare~t are lulty puid. e~ooept that the Aasl
• p~ymeat o! tlre entlre in~btednars evtden~oed h~+eb~. ii not eoo~er pdd. ahall bs dos aad payabls on the '
f 1~ d~l? ~ I~ILACB , I8 9''j. . .
F I! deiaalt be m~de in the p~,yment of an~? fnatslteaent uada~ thfs nate and ii sucb deLnult is not made
P~ t+o the due date oi the next such instalta~?~ the ~tire p~I~acipn~ aum ~nd aocrued iaterest shall
at onoe beowae dne and p~yaWe without nottoe at tha~~ oi t6e bolder ad thia note. Fiilnrs to exercise . i
this~ slu~ll not oo~~titute a rraiw:r o# the t~o ezercise the a~une in the event oi u~y snbeeqnent
deiwfk In the eveut of defaWt in the payment~thi,s note. snd ii the iame ia oollected by sn atton~ey ~
.~t hw, the nn~aersitned herebY s~:'ee (a) to p~y all oosb o~ ooUection, inclttdin~ s re~soa~abZs attwrney's iee.
Preaentmenk Psoteet. ~~atioe are hereby waived. ~ ~ '
. ~s/ I~deliae Co]avito ~ir~eas ~
~ " .~sdelYae Colsv3to Burgees ~
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i
{ ~ AOd i21~11 f~Y• . ~ ~1uT ~"t019l. !0[lIA~ ~lCt. COOIp~ iIId OOQlp~;? ~
1~! ~1~r ~~Ch afld ~~~~~O~it~O~d~ ill~ CO~V!lliD~ 0~ is~ IIO~
` .na o~ thia morrs,~s~.,
t~ t~i. m~ts,~s ,ma the ~bte he~b, cra?tea aun ee~~e atra bs nnn ~r~oia.
~ And the mostp~or l~irthe~r covea~nb as ioDowrr: . ~
i 1. T'6at he wID pq. tbe indebtednas. as herelnbefore pe+ovlded. Prlvlta~+e L reserv~ed to p~y th~e -
debt in whole. or in an amount eqasl to one or ~re trant~? p~,ymeab ~!he parincipsi thst ae+e nest due
on ffie not~ on the lirat d~? o~ sn,y nantb prior to maturlt~?: Pro~vided. lana~er, that ~i?rittea notice oi an •
iatentton to e~~erci~e anch prlvlle~e is ~vea at k~st t,Lirt~? (80) d~yra i~or to e~~ya~
t: P~+ov~ded
' lurther. that in the evaat the debt is paid in iall pr1
r tq matnrlty aad at tbstp~tiime it is insured uader
~ the provisions at the Natlawl Houein~ Aat, La will p~y to the an u~nsted premtum eharre at _ .
: o~e pet oeatwn (196) oi the ori~inal PrindPsl an?onat thereoin~i~~tbat in no eveat ahall the adjaated
, pr~miam e~cceed the ~~~te amount oi prennimn ahar~+es whkh wauld have be~n psyable if the raarb-
; had oontinued to insured tmtit m~turlb~; ruch pe~yment to be spplied b~ the mart~~gee opoa~ its .
:o~ to the Federal Housin~ Ca~amis~sioner au aa~aunt oi m~orts~e ~r~uoo~
2. ~ in order more foll~? to peotat tho seeodt~ oi tbis mortt~[0. ~e ~et rvI
aod ia addi oa~ to, the raont6ly b under the terms of the nof~e aecnred hereby, ~ the flrat dqy~
e~ch mo~nth uatll the aaid note is~~prtid. wiD psy to ths aart,~~es the fo~bwia~ stuns: .
(a) An amoant ant6ci~t to provide the hold~ hereo[ wtth ~umds to pay. the nest mor~ag+e
insarance pr~nium if this inatrumeat and the ate aearred Iyereby sre iasured, or s monthly charg~e
(in lie~ oi a mortg~e inwranoe pi+rmium) ii t~ey are held by the Federal Hauia~ C~ommiaeioner,
. as follows : . •
(t) It ~sd a loas ~s nid ~ ot ~ne dst~ aad ~is ia~mai! ar~ ianmd or srs re~red neder iM
prc~f~ioas a~! tiie Nstiaasi 8oa~nt A~ek sP asoaat ~omda~t to aeenmdat~ in tLe band~ oi tbs bolder ~
a~ (1) a~onthp~~ to its dw d~te t~ aana~l ~ am. in orbsr to~~ a~eh
g
ldsr wi~tsnds tio pat _sud? preo~imen to ths F~~~~da~~.t~aa
~a~doaar przanaat b~ ~?e National
aa~eoded, and
(a) If and~~ a~ a~id nobe a~ s~enp~tt~~aad~l~~ind~at ars be~d tiN Federsl Haadns dommia-
sioaer. a~oa ~r~~ (in tien ot a mcrppss fa~a:aua pr~eoia~~ ~wbleh d~sU be in an amoan!
eqoal to aas~li~nlith (~is) o~ aaah~lt ('1~ ) Prr' aentma a~ fbe ~~nera~s oahdandins balanes dns o~ tb~
y • AO~ frOm~ll~ ~~11t0 i000aIIt ~l~Y~t 0~ plM~t~f~QR~i j
' (b A wm equal to the ~ron~ re~ta. it any. teezt dae, plus the ~preminms t~st w111 neact beobme
dne ~ p~y~ble oa polides at Sre aad other hwr~ insnraaee oov~ctns the mort~~ed P~P~Y ~1us -
tuea ~tnd asseaements nezt dne oa~ the mortsag~ed (all as estimst~d by the'mortgn,~ee~ leas ~ -
aD s~m~s already l~aid t~?erdor divided by the a . oi mont6s to elapse beiore oue tnanth prior
~ to the dute when snch ~e+onnd rents, pnemtums, tua. snd a~sasm~nta wiri beoome del~uqaeaat, such .
wms to be hela by mort~a~ee i~t trust tQ PU? ~ t~ P~~, and apeci~l asseas- :
ments; ~nd
. (o) AH b~oned in tlbe two p~reoedin~ snbsectioos a~ this psra~raph snd aU pay-
; mes~ts to be n~uade~r the note secured hereby sf~U bs added to~ether snd tbe q~e~te smonnt -
th~reoi ahall be psid by tLe ~~a ;tr~or e~ch month in a dasle D+~ym~st to bs ~;p~p~ued by tLe mort- .
sasee to t!~ to~1o~ iteau io tbe o~de~r ~at lozth:
~ ti) Pr~mi~s el~ar~s ~wd~r t6s eoalr~at ot f~s~se~ ~ltl~ tM lhd~e~l8oai~ Doarsiaia?~r, ae aAa?tl+b -
(iu liro d aas~ap iwwraoM~~
ws). as ~ ew a~a~ bt;
(a ~~irab~~ ar~ab, ~»r aad dbar Laa~r~l i~wr~aa ~t ~ -
tn~ aeao~e~bp?tl~a~ ~
tM ~ef~~~pai ot
s~aid i~ .
~ ~U? a.lk~q? ia tl~. ~nc o! .nc~ ~pte mon~? p~u?meot shau. n~. nude ,c~oa b~ t~e
t~o~ prior to the dns dste ot the neoct w~ch t, eonstituts~itn e~r~t ot de~faa~t nnde~~ th~s mo~tr -
~~~a~~s T'h~ ~ma~r coU~ct a"late not ~o e:~eeed two
oeob to~ e~dt dotlar tii o[ _
; e~dt pyrn~t mors t6aa f~!'tspa {16) dyrs in arr+e~irs ~ aoMes tlw eactr~t r~cpeo~e involwd ia lu?nd~
; d~ P~~ ~ -
` a. Thst it the bot~t of ths p~nenb made~r lbs~nott~a~or oadsr (6) a~ par~rapL Z pe+soedins a6sll
' ~seaed tbs amount oi nsymenb actuall~ mads bjr ~e moltp~ea. ioe ~e+onnd rests. taxaa ~wd ~re~b
~ ~ ~o~~ 1~ , 1~ ~~~gQ
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