HomeMy WebLinkAbout0495 1 That d Ihe mortbagur de(ault in any of the covrnanlc or agrctmrnt. cuntaineJ herein. ar in ~aid nute. then Ihe mun~;ager may pir(urm
ihe .amr. and all e~penJiwrc+ IinrluJing rra+.~n~hk alwrney'~ fet~l maJe t~y 1he mungager in u~ Joing ~hall J~aw interr+t a1 ~he rate .rt tunh
io tht oulc +tcureJ herehy. anJ ~hall bc rcp~~abk immeJiaiely :mJ wiihuul dem:~nJ by the mortg:+gur to Ihe mun~tee. ~nd. ti~trther Ni1h in- :
tere~l anJ co~~c accruing thereun. ~hall he .ecured by thi. murtgage. '
ta. That ~hr mailing at a written nolice ix Jemand aJJre+.rd to the owner of recurd ot the murtgaged promixs, or Jirected 1o the ~aid }
owner at ~he la.i adJrr.. actu:dly furni+hed to Ihe murtgagrr. or directeci to caiJ uwner at .aid monga~,ted promiux. and maikd hy the Unitrd
ti~ate~ maik. ~hall l+t suflicien~ notice and JemanJ in any ra~e ari.ing unJer lhic instrument and required by 1he provisionc hereo( or by law. _
I5. The mongagur further co~cnanl~ tAat +hcwkl this mortgage anJ the note secured htreby nW be eligibk to~ in~ur~nce under the Na~ion- ~
al Fl~w~ing Act wilhin SIX MONTHS ~rom the Jate hereof lwritten sta~ement oi any officer of the
Ikp:+nmenl ot Housing aod Urban Developmcnt o~ authorired agent ot Ihe Secretary of Housing anJ Urban Uevelopment dated subxequent 1u
the SIX MONTHS time (rum Iht date ~~t Ihi~ mung:~ge. Jeclining to inwre +aiJ note and thix morigage, t+eing decmeJ conclusive
prou( ot ,uch ineligihili~yl. the mi~ngagee o~ Ihe hoWe~ uf the nute may. at its option. declare all sum~ cecured hereby immeJietely due anJ pay-
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'fhe rovenantti herein containeJ +hall binJ. und the txnefih and advantage. shall ioure to. 1he rc~pertive heirs, extcuton, admini+lrrturc.
wcceswrc. anJ acsibn~ oi the parties hereto. Whnnever u~eJ. the cin~,ular number shall include the piuraL the plural Ihe singular, and Ihe utie of
any ~,~rnder chall include all genJen.
IN WITNESS WHEREOF. Ihe SaiJ mort~gor hati hereunw cet his hanJ and seal the Jay and year firsl aforesaid.
SigneJ. sealed, and delivereJ in Ihe pre.ence of-
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IS S, ARMSTROIvG
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SARAH ARtd,S QNG, his fe ;
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COU NTY OF r ~
Si. LUCIE
Bcfurr me per~onatly appeared O•r2S S. ARAISTRONG d~~ S,ARAH ARMSTR~NG,
hi. wife. ai me well known anJ known to me to tx the individualc deccribeJ in and who eiecuteJ the toregoing instrument. and acknowle ged
hefore me that they executed Ihe wme for the purpous therein exprecsed. -
WITNESS my hand apdoffirial ~eal ~his 7 ttl day of ~'~~C~j~ A• v• -~y 7~.
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Q:: ; Not~ry bli in anJ for ~be coun d Statt a/bresaiJ
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~ Hefore me perzonally appeared . to me well known and known to me to
c he the inJiviJuel described in and who e~ecuted thr foreguing imtrument. anJ acknowleJged before me that he erecuted the ~ame for the pur- .
~ pixec Iherein e~preticeJ.
~ WI"fNF.SS my h:snJ and ufTici~l tieal thic ddY nf •~y
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Notary Pubfic in ~nd fot 1he county anJ S~ate aforesaiJ
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