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. . . . ..e~~e ~U~, ~ . .,;~li: ..~.`.tl. :t(:l~ t'~r:`. ~~.eC~ .'li•:r~~:. .~...1 ',ti l:. :r:: f'..' ~.~.r .r . ..~'.~IUi i .111 ~'i'L . titu•'.t•. {~i:(il~ll~l:l~ •~!.'~!:\l~ti. .~nd t:~r.~• Ecr~c:~t~ .~;r ~•~c•, ;:tc;i .~nd ~1ri«rrrd upc~r, t!:r t,~l:~,u~r.~ c.~n:ttti.~~::. t~ v.it: C':: ~:!,.~.~:n .~~r~•,~, t.> ;iu .:~„rt~•.::e~•~ . .~r ,,;:i~-~. t'« ~,rizrip.~i .:.r, ut SDCTBBN THOl1SAND NINB HUNDRED FIFTY and 00/100--------------------------------------------------- y~~ ~V.950~W .i5 t'.1,:~~:.,:~•d hc „t C~.t'[I (~.Itt' ~:!•It'l~:lTfl .:IIC i~tc.':t'~~ 3[l•T (~n:r ~~I i:.i• ..:<<• ~ t SEVCII Ne~r ~ rntum ~ 7~ i,~rr :,r.num .;n ttir unF,aid b;i,.~~e~ e• ~.~l,i 'j'}:~• >a~~i pr.~~::~~.:i .~nd :~ttr:~~~t sh.f:l be E~a}~~ble ut the citlice ' gTOCKTON, WHATLSY, DAVIN ~ COi~ANY; 100 Weet Bay Street; Jaclcsoaville, Florida ~t ~:u h ~~ti~c•r n;.4c~~ tFr h.~l.2rr .~f th~• ^:~t~• ;:.at drs~~;natr ~tt ~ti•rit~nK, in mcmthl~• ~nstailmrnis uf ~(J~D 11~iELVB and 89/100---------------------1~,,::••r~ t5 112.89 ~-~:I:;~.~•n~-:n~~. ~~n t!i~• ti~~t d,,~ ut November • ~"71 . ~nd .~n tiie first ci:~•, uf ~~,+ch m~~n;n thrrratter unt~;thepr~aciu~+l ,~:,~i ~nt~~ir:t ~+rr tui1~ f+.~id, excepl th.:t itie Itnal u~+~me~nt ut ~nnc~p.il .~nd tntrrest, tf nut suunrr p.~id, tih~~i: bc dur E:,~~..hir ~~tt thr !t[~i d..~ ~,i p~tober, Z~1. :\r.~i ~h.,L' i?ui~, prumpil~. .+nd iull} {~rrtu:m. d~~charge. exrcute. effect. c~r..plrte, .and cutnp:~ Hith ~nd ~~bide r.~~h and c~.~~r~ thr stipul~+ti.~ns, ~+Rre~.^.ten:+, condttwns. .~n~ co~~en~nts uf said promtssor} nut~ and of tiii~ ~.r~..~~,c~. thc~n thi~ :~~~rTti.a~,c~ .~r.d th~ r~tate r~~srh~ cre~~trd shal: ~ c~~~se and be nu:l ~nd ~uid. :1nd thr r.:~~tt~;c+~'.~~r lurthcr c~~vn.;nts a~ fu1l~»+•~: 1"l~n:+t ~c• i:! thc• ~ndebtc~~necs, hercinbr~Jfl' F)IO\ :dr~i. Prn il~•Ke is rrsen ed tu the drht ~n N'}lOlt , ~v in ~~n :~n:uunt er~u.~t to one or more r~onthl~ p:~~ments ~>n thc principul that are next due on the n~tr, on the fust ~~f :+m ~~~nth prior to matur~t~ : huwe~~er. that u•ritten notice of an intentwn to exercise such pn~•ileKe ,~~~.•n ,,t ?r.+st thirt~ ~3L11 d.~~s pnor to prc~pa~:*ent: and, pr~~?ded furthrr, that in the e~ent the debt is paid in t::!' pn.?r t~~ r~+tunt~ and at tfiat t~mc• it is ins~red under thr ~ru~•is~uns of the Nationai Housing Act, he W ~11 pa~• to ri~r r~~~rt~;.~R.•r .+n c~diust~~d prem~um char~r uf ~~ne per centur;~ (1`) ot the original principal amount theceof, except ti:.,t :n n~~ r.ent ~h,,il the aciju~trd premium ~xceed ihe a~~:,regate ~+mount of premium charges w~hich w~ould ha~•e e•r. p,+;.~b!e iE the r:~urt~vKe had cunt~nued to be insured until maturitt•: such pa}'ment tu be applied b~ the mort- h,,~•ec• uF~.~n ies obEi~;atton to the ~rcretar~• o( Nousing and Urban Det~elopment on account of mortgege insurance. ?'fh,~t. !n ~rc4er more fuil~• tu protect the sec~rih• of this mort~;age, the mortgagor, together u~ith. and in eddi- t~,~~~ t~?. tt:r ~~~tZthl~ pa~rrt'nt~ under th~~ terms of the note secured herebt•. on the first da~~ of each T,unth untit th~ ..~tc'. ~i„t~• i. fullt {~~+id. «•i:l p.~~ to ,hc• murt~;.+RC~e the follo~+•inK sums: :\r•: :n; ..afi:, i• n! t.. ~,~••~i~t~ n.:irn c~rc ~l ~ith t~nd. tv pas thr nest r.~.vr?~~Kr tnsut~stre F~rcr..iu~ if :'u~ i:is:ru- rnt .~n: th~ n„te. tir~i:rr,I ~~r!t't?\ .~fa' Itl~.1'c'.i. r e r.,,n:h!~ :her~r iin liru a r:.ort~~tie• iasurar.~r prr~:.ia^.` it thry arr f::r ~ n t~rt .~f H~ u.~~~~ an.i l~rt:.~n Drt r:, G.°.rnt. (o:lors~: ~ I; ti. =,•nti »iJ n.tr ~~t c~rn tietr ~n.1 t^~s ~ti+trur..rnt err tr,surrd ~,r arr rrinsurrd undrr thr pr,~cisi.~n~ ~f rhr X..~., ~:a: H.~usin;; A~ t. ~n .,^:.,i:nt ..:fti~ irr.t ri : ur:u!atr in !hr hands of thc holder ;~nr ~ 1~ c.•.:n:h , r.,~r i:s :.+ue ?iJ!t' IhC d:1.lUdI ;.c~rtKa~c ~nsuren~r ~~~rc•r..i::m, irt ordrr t~ p:.,~cide such huldcr u~tth (un:is t~_~ ya~~ such prrr.:i°.trr. ta thr S~, r~•r.~n •t H~uti~nti en~f l;r;,.,n Dt•cr:.~i:~:u•nt E~ur.uant t.~ thr \a?wnal Huu~~ng Act. as ert:ended, nnd app'.~.abir Rr~u- I.~t i ~n. !hrrc•under, .~r • i11~ I! and s~~ Ior~~, as sa~d n.nr ~~f r~rn datr ami :n~s tnstrument are held bp thr Cecrrtar}~ of Heusin~ and t'rt,a~ Dr•:ri p- i ~ ~,t a. nth:~ . her~r ,i:i .tru ~~f _.,~rtKatir insurencr prc~r.iun:'a ~eh~ch shall Ue in an ar..~~unt ryu.,: t.: .•ne-t:-r:f!h ~1 1~ ~~t :::ir-t:elf t.~ pr: .enR::-~ .~f !hr a~rra~{r _~ut~tandinK ':at.ancr dur un the n~~[e c:,r.:pU:~':j :l'1t~::J2 ~dk~nE :nt~ ~ .:int dritnyur :~~i~~. .,r {~:rl~.n~r~.~~:it~, I~ A . ~ ya.+; F~ thr .:r..~.^c' rrnt.. :t on~. !tz x! d~.:r. {?lui the prc•-.iu^t~ t!fat '.cti; nrx! 6r: _:r-r duc a~d po~ab:r ~~n p.;:lctrs I r I:r~ , th.•r har.,n: in~cr.ia~e• r;~c~•rin~ ;ne ...:,rt~;~~rd proprrl~. Nlus taaes ar.d assr~~:r.r.^.:~ nrat due ~~r. Ehr r:rri- I ,~r,:,~~ rt•, .~ti e~Uc..~t~ d hc the• r'.~~r!Ka~r.-~ :etis al! sums alrradc pa~d thrrrt~.•r dsudr.~. b~ the nur~:be•r .~t rn•~n!hs ! t~~•t r:~ ':i~ r_,nth Fri c tn the ~ietr whrn ;uch ~;r.•und rent+. prrmiu:~~s. tazes, and assr~sTents ~ci:i beco-:c• ,+.r- ~ ~ ~;c .u~ ~u•• ~ ~ tir::i ,~rttiaFrc in trust t~• pa~ s.+~d gr.>und rer.t~, prrrt:iums, taxes. and sperial essrssnrnts, .,..,1 :1:: , r.^.e~ .nc~i :n t'x ,•r, rd:.^.~; +~t s~•ct~uns .,t tht5 perd~;taph aad a:; ~:a~;nrnis to br .^.:adr un3er tnr no:r ~:u~~,'. i~~.r. h~ hr ~:?~t<-.3 ~hrr d!1~~ 'Llt' JRi~f'~;dTt' d.TI:~LL:l: thrrr•.,f -^e!1 i~r ;;aid t~~' the c.:~rt~aK;,r earh m.:nth ir a ~ nt , he .,;~~:iir.i t:~ thr _ rttin,;r. t ~ th~ (c:i.~uir.~ ~trcr.~ :r. thr ,~r.1rr srt ( ,rtti .i~„~~~•. un,:cr ti:r ~.r:cr~,; , f ir:tiutan.~• .~ith :nr >rcteter)' H.~usind yr..i Crben Dr~.r2~},^:ent. or r..:::'h:} ~~.,r~ e~-- :n ~:ru eI ~r.~~ttKa~;c =r.<1r~n, r ;:rr^.ium 1. ac :ha~ ~ d.r ^:d}' b„ (1~ ~n~und ;rnt~. :~xrs, n~ar~s^:rnt.. f:rr. and _ther nazard tns,:rance prrm:urr.s; :li' ir.irrr~t . n thr n~~!r srcure~: hrrrb~, ar..i i\': :t=r~t~. n~f the ~ren~ipal vl -ei~1 n.,ta• \nt ~?c•f~c~rnc~ tn thc• ar~~~un[ of tuch :+~;~;re~ate ^~onthfi~• p.~~•ment sha;:, unlesti .^.~ade K~wc~ hc the r.~oriKa~or l~;i:•r t,~ rh~~ ~uf~ d~+te thr nt~~i ~:icil pd~r^ent, canstitute an r~~ent of clefasult undrr this r.;urt~,aKe. The muttk.:Kee :~.~i~c~ct "l.+tr ch:,r~~e" nvt to exceed tuu cent~ (2C? fur each dollur 1511 of each pa~cnent ^:ure than f~fteen ! I~i ~far. ~n arrr.,rs to co~er the extra expense ~m•ol~•ed in handling del~nquent payments. ~ T'r.at if the t~~tal ~~f the pat•menta made b~ the mort~agor under !f~? of paragcaph 2 precedin~ shall exceed ~i,~~ .~;~~~c:zt ~f ~.+t^~ents .+c-tuaii~ m~de b~~ the mortgagee, for gtourtd rents, taxes and assessmenis and ~nsur.+nce ~:rrr. :ur•:~. tnc~ ca~c~ ma~ br. cuch ercess shc,l! be credited bt• the mort~~gee on subsequent patmrnts to be ^:ade• b~ the ;nortk.~};~~r. If, h~~ur~~~r, tfie monthl~~ pa}rnents made b~~ Ihe mottgaKor under / oE ~dtuKia~}1 ? Fre- c~~d~~k ~h~+;l n~~~ be ~cfficirnt tu ~ruund rents. taxes and a~sessm~~nts and insurance premiums, as ihe case -,n he, ~ti hrn thr >:am~~ ~hail hrc ~~me ~+ue und pat•~ble, then the mortgsgor shail pa~~ !o the rnortgegee aa~ amount necr.sart 4~~ r.:.+kr up the d~~ficienc}•.~~n or be[~~re the date w•hen patiment o! such ~ruund rents, taxes.assessments. :n~ur.+ne•~ :~rc•:~i~,::~ ~hall ~r due. lf ~+t an~ timr the ^~ortKaKor shal{tender to the m~~rsga~ee ir~ accorciunce Ktth 'h~• t~r.~•.;:i~~n~ ~.~t t!:c 7~~ttr st~ci:r~c! hereh~;. fuli pa~•r~ent of the entirr indebtedn~•~s represented therebt•. tfie mort- c• :h:+i':. in rur.;putink !he :~T~~unt uf ~ucl: ~ndebtedncsc. credit to the acc:~un! of the mortkaRor all payments -:~,,,ii under thc• c~r+~~i~iuns oi uf E~ar,~kral~h ? here.~f u~hich the martgagee has not become obligated to pat to :~c• 1ee~rE•tarc ~~i 11~.>u~inK .+n<l U~b~n Ur~rloE;ment and an~ nalance re:n.~~n:nR ~n the fur.ds .+ccumulated ~~nder the E•r •.;,;,,r~. ~~t • ~~f >.~id c,.+r,~kr,,F~h ~ lf thert• shall br a default under ~n~ ~~t the pru~•?siois of this ^:artKa~,e. re- i^ {,ubiu- s,,;r ~~t !hc• ~~:er~»c•: c,ne•:ec', irre•b~~, ut ?f thr .^.;JfIKJ~,CP acyu~tes [he propetty ~therv:;se after r:~~~rtk,,~;ee~ ~it,~li .,E:pi~. .+t thc~ time uf thr cor.,menrement of such pr.x-ec•dtnKs ur dt the tir,:e the prop- r;t~. ~~tt~.:•ru•~se a.qu~rc•d.thr bal.~nce then remainmR ~n the lunds accumul:+ird unde: - of paraKraph 2 precedtn~ ~_r~•~'~t .,~ai^~t th~• .+r.•,>ur.t oi {~nnc~~~.~i then rerraln~n~ unpaid u~dcr said note and ~haii properl~•~diust ~n~ ;.,~r,~•nt. which ,h,,11 ha~e been mc:d•~ ~n~•.r rul u( ~a~d Fi.,ta~;raph. ~h,~t ne ~.tt;l pet t.~xcs .+,scssrre•nts. ~xater rates, and .~ther ~ocernr.~ent~al ~~r mun~cipat charkr~. ftnrs, ~•~,:~~.it:;,ns t~r :tnich pte~~. i~iun ;~,,ti nut bec~n ^.+de• hrrrinhefore. anei in default thereof the murtK~igec ma~ pat _.,.--.e ..~r.;i t'~:~! hi• ti i:i ~,r~~~..~,tlt ~ie.li~rr the uft:cial rece~pts therefor to the mot:KaKee Ro"K 1~ ~?r.~ 144 ~