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I5. The Mortgagor further covenants that should this mortgage ineligibility for insurance under ths National Housing Act is due ~
and the note secured hereby not be eligible for insurance under to the Mortgagee's failure to remit the mortgage insurance ~
che National Housing Act within gix[y Days from premium to the Departmcnt of Housing and Urban Development.
che date hereof (written statement of any officer of the Depart- }
ment of Housing and Urban Development or authorized agent of 16. As used in this Mongage and in the Note, "attorney's fecs" ;
the Secretary of Housing and Urban Development dated subse- shail include attorney's fea. if any, which shall tx awarded by an !
Appellate Court.
quent to the gixty Days ticree from the date of this '1'}« rovenants herrin rnntained shall bind. and the bemefits and
mongage, declining to ~nsure said note and the mortgage, being advantages shall inure to. the respective heits, executors. ad- `
deemed conclusive proof of such ineGgibility), the Mortgagee or ministrators, succasors, and assigns of the parties t!ereto. ;
the holder of the note may. at its option, dec[are all sums secured Whenever used, the singular numtxr shalf include the plural. the .
hereby immediatety due and payable. Notwithstanding the forega plural the singular, and the use of any gender shall include all
;ng, this option may not be exercised by the Mortgagee when the genders.
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In witness whereof the Mortgagor has hereunto set his hand and seal the day and year first aforesaid. ;
Signed, sealed, and delivered in the presence of- ~
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Thomas A. Biliings ~
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~ Q~~C~ Randal C.~ili ngs ~
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State of Florida ) ~
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Couaty of St. Lucie ~
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Thomas A. Billin s and Randall C. Billin s ~ j
BeCore me personally appeared g 8 J^..,,•.
to me well known to be the individuals described in and who executed the foregoing instrument, and~eknovirled$ed t~ort ~that~ttiey ~
executed tht same for the purposes therein ezpressed. _ 0 J t~~ ~ `s
Witness my hand and official seal this 22nd . day of January : : .~~19
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~QT~~r ~lNl1C NA1t Of /IOAIDA ~/~7~ . ,••':(y ~
Nr COIMI6tI0M E7fA. IIAY l. I992 ~
( otary Public in and for the otrltt~ or~ State ~ ~
BbMDtO TM~U ~ENERAI INS. UMO. ~;,,~~~j:~i~:~,~::~"`j ~
My Commission expires: ! - ~ ~ ~
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State of )
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County ot )
Before me personally appeazed
, to me well known and known to me to
be the individual described in and who executed the foregoing instrument, and acknowledged before me that he eaecuted the same for
che purposes therein expressed.
Wimeas my hand and official seal this day of , 19
;'r-epared By:
:~ouglas E. Gonano, Esq.
r i cst Citizens Federal Bldg. (Notory Public in and jor ~he County and State aJoresoidJ
1~~UO South Federal Hwy. My commission expires:
:~t. Pierce, Florida 34950
c,~~u7) 464-1033 •
Page 4 of 4 HUD-92110M-1
~ gooK fi74 PACE 875 ~
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