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<br /> �A�_lt�����
<br /> ��I,iNee t�w�rwe�/s�ese�s to'�ow�; rnore th�n 4iReen(!5)davs in urrats ta covc�the extra e�panse
<br /> �` ` invaltied im handtinE delinquene payments.
<br /> 1 .' 1. That Barawec will pay tE�e inckdt�tess.as Aet�inbefae .
<br /> ' �. wYmtntt act t (�ou rtn s,tues
<br /> 2. 7'lr1t�to�etMv�rith.snd in auWitic*n to.the montAt�r sssdsn�lems a intur�rree prstnivn�a,as tht csse may be.suc�:at-
<br /> � p,y�e�s of princip�!usd inceresr paY�,u�.the emu.s oi�fie cess.it ihe Iwn is aurrnt,at tf�o�itsa t�f che 6�rawer.s1uU be
<br /> . . note iecvre�lieisb�,t!��wrr wiit�s�!�zn�t1i�.t�tnder. on the crediced b7*tlrc l,eryde��on su6sequent p�ri►�ts to!x made by the .. ._ .. .._ :.
<br /> fir�t dMjr of eaclt rtk�tth ntrtii tlfe 3aid.�et�'isr��iil+�paid.t#u Borrowa�a retaeded to titit Hacravret,If.hovrcver.t1�e manthfy .
<br /> l�,,,,�,�,�,�,d: :: p�n�e�ts av.ae by ine eo�m�es uocfeer ro�or p�n�Apn z .
<br /> (�J�ntGCtnx s�af�'+.+cin►t W Rro�ide tbe ha�idar:�htreof with funds �°�'�stu�lE not bt sutficinte ta paY E�ow�rrnts,taxes and ,
<br /> w paY;La aext mary•�Ba insyrsncx Premium,af tfi1�insirumrnc and �°ts�ar insw�aacY V��►umg,as the case may ise�whne tfit
<br /> • t6e aose�ec.��ben:by.arr.itkured.a a miinthr.c�charae(ie lieu same sti�ll baacnc due uid paYaWe.tha►tBe BoRawa sha1l paY
<br /> at`�1 tr�ort�e inautan�PrerrriQmt-if ttu}ar�b�d�by the to the Lender any amoant�xcasary to make up the defxtiertcy.on
<br /> .. ur befoie tlse datt wfirn payment oi such grou�!tents.wces,
<br /> Sr�t�a jl i�f.�boiuin8 oAd LJ�fsui,Devei�meitt,as foita�s: ��,..n���s��. �� ,����-rer.-iums sh�li be due. Ii at any time
<br /> ��;�;f,�:�_�nd:so-�lon8�ssafcl,,r�nirr ai�avec!`d�e and this inscru- �he Borrower shal► ,:¢r•der c., cf�. Lead� ia accardance with tix .
<br /> �•."� ;�br,_�'fairtittr�;d�tii�tc�r tfte prbvisi�exts of tfie N:- pro��isiOns of tht r.,ctr secured hertby.fu11 paymenc of tlx entirc ...
<br /> . t(a�i;���::�1•�nlpqn�sui�ieient fo ari�umcilatt in thC indebttdness ce�resarted therdsy.tbe Lender shatl.in eomputir�a
<br /> hanc�,tf�:tbe hoider wie llj KtoAth,�rior to ft�due date the a�tnual the amount of such indebttdhess,crodit to the aceount of the Bor-
<br /> � tuort�.(ii�p�noe.prt�hiuet in ot�dtr to pro��ide suclt hoicler wtth rowa al1 Payments�nade under tlle provisioos of(a)of pua�raph
<br /> Rmd�tR.z►sY such Premium to the Secretary of Hcwsing aad Y�'e 2 hercof which the Lender t�as not becane�Ce�ted to pay to the
<br /> ban Di.wr{opnuat pursuant to the National Housing Act. as Secretuy of Housing and Urbzn Devebpene�and any�a re-
<br /> amended.and appiicibte Regui�tions thereur.der;.ai maiaing in tAc funds accurauJatsd under the provisions oi(b)of
<br /> (In If and so bng as said note ot'even d�:�and this instru- Paragraph 2 hueoY.it there shall Ix e defanit under aay c�E ahe
<br /> ment are beW by tIx Socretary oF Housing and tlrf�an Devtlop- psoti'r,�ns of tr.is i!istrument raulting in a pubGc sate of r�
<br /> ment,a maathly ch.arge(In lieu of a mortgage irssur.ance premium) ����''CO���'�''�y'or if the l.ende�acqwres the pr�y
<br /> whkfi sl�lt be ia aa 3ntount cqnal to one-tweiFth,(1/12)af one- ott�erw�,se after d�e!`�s?t.the Lender shall appLy,at the tunr�:€tl�e
<br /> . curr_,r.x��smens c11"sra�proeadings,or at thr tims the�.�,r�xcy is.
<br /> halt(1/2)pa cYnt�aan.�t the avcraYe outstanrti°�:iialance due on oIL��a��ire�::ite bafance then remaining in the f�r:ts�r:- • .
<br /> the npte ci�mpuud Ri�hout tak'rng into accounc.��.,f;nquencies or �ulatod under(b2 of paragrx,rte 2 preceding.as a credit agtinst � � ;
<br /> PrN�Y�u: the amount of pri�a�al tt�ea n�scsainina unpai+d.aader said note, . , '
<br /> � , (b� ,A;srs�n eqw!co the gsound rents,ii'any� next due. pl�r.t� azrd shall properi!�:a+�Ji;,s:�any�ayments whick s�F.:all ha�•e been
<br /> prem"v:.^�s�6at wili next beeomc due and payable on policia Q� made under(a)o£"p�c�graph Z. � `_
<br /> � fue and othet harard insurance covering the prQrerty�plus taxes
<br /> and asseumenu rte*�c due on the propcny(al!�.�stimated by ri�e 4. That the Borrower�vit!pap ground rrnts,taxrs. assessments. —
<br /> Lender)kss aIl su�:�r,�ready paid therefor divided by tt�e number wate�rates.and other governmeutal or municipal charges.flnes,� :
<br /> of manths to elapse Ixfore ome 1!G tr�nth Drior co the da�e whcn or impositions. for which provision has not been made
<br /> such ground renu, pmniums, tz*�:��d assessments will baomc hereinbefore,a�nd in default thereof the l.er�der may pay the same;
<br /> deiinquent.such suras to be held iry LenQer in trust to pay s�id and that tha l3orrower wiil promptty deliver the official receipts ,
<br /> ground rmts,prer�nia�.�..s.tues and special assessments;and therefos to the Lender. . .
<br /> , (c) Al!paymencs mentioned in the two preceding subsection.s of S. The Borrower will pay aL; �:kr.s which may be ievie.�5.r��on ..
<br /> -- this p�.a�raph and all paymrnu to be made�ndcr the no:e she l.endcs's ir.t��:t i12 sai�_*:�t r•c�are ae�imr��vemenCs.:a:<d. _--
<br /> seaurmi►L�:ereby sh�ll be added together.and the aggregate azr,>>j�at Which may be 3cv.rt�11�:.pon t�i:a :;.Strumont Gi*r.he debt secured �
<br /> thet'�c�:�'s�ll be paid by the Borrower each month in a single�ay- hereby (but only:u•�he ext��L r.�;,�at such is�:�rs�flrohibited by taw
<br /> ment to be�ppiied by the Lender to the following items in the an�,nn[y to the extent that s��*�Hill not mai;�thfs loan usurious). •
<br /> or&r set forth: but�:��ading any incame tax,S�ace or Federal.imposed a.^,.
<br /> (1) promium charaes undu the contract of insurartce with I..ee'x!ur,,:and w�1.«e the of�eial receipt showing such pa�+:oue�t
<br /> the Secretary oP lfousing and Urban Devclopment.or m�nlhiy wlth i'F�Lender:, Q:y.ion violation of this uno'r;t�aking, or it tne
<br /> Chnrte(in lieu of mortgage fnsurance premium).as the case may Bonower ia pr�tsi�iued by any law now or i•,�::aPter existing from ,
<br /> �; paYiu�3.the whak or any portion of ti�e uia�r.�id ta;:e�,or t�yan - -�
<br /> the i���tring of any court dec�ee prohibiting the paymer:r by tl�e
<br /> (l!)6[Ot111d LL*!i:s�t�xes.�ssessments, fire and other hazard �,�r,yv,,er of any such taxes.or if such law or dac�ee prc•,,S;es that ,
<br /> inwran�e premiums; any'amount so paid by the Borrower shali be.crrdited on the debt. �
<br /> (lii} interest on the no�e secured hereby: the Lrnder shaU have tfie right to give ai�:�'y days'written notice
<br /> to the ownet of tnc pr�mises, requiring tr_�:�*t>:nent of ehe debt. �
<br /> (11� amatitatia�of.the principal of said note; and �f such notice be given.the sz.�cfebt shall L�ome due, pays�ble -
<br /> (1►) late chzs,�.w�, aikt au3lectible at the expirati�;s er said ninety days.
<br /> My dei'icirncy in the amount of such a�regate monthty pay- 6.'�hat shoula the Borrower fai!to pay any sum or k'�.fi;; any
<br /> ment shall.unJess made good 6? �.he Borrawer prior to the due ��vtnant provided for in this instrument, than the Lender,a[ its
<br /> date of the neat such payment,,cvastituce an event of defaul� opcion. may pay, ,��nerform thc same.and a!t expenditutes so
<br /> under this mortg�gr.The Lender may collect a late chargr' not , •
<br /> to excceA four ant,i Y4i)for each dollar (SL} q1'each paymenc �
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