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<br /> _=- �nw.►sw t�ai�es�..ei�.�.�i a�roe.,r.�.+.a: � Q,on�tan�rrc«s u i�d���it���rr�rs te o�,fer tde�acus aqpan�e •
<br /> - �� ' imowea in h�nalu,�dclinq►lunt{�aymerus. .-. . - --- .-;-----..
<br /> -.... . . f. '�b�R 8orrowa will p�y tl�e�d�tCdats��S 6ereinbetore
<br /> E R�-�ivii�e tr reter�re�•ta ii�Y the debt iu w�ok or in put 3: 'E'i�at if=tlxr�tauai�di th6�PRYmettts tf�tit tiy thC B�o�YC�M[�'1`r. . ,
<br /> a.ary.�a�ee�aue a.ce. � u„a�,.�t�'�r�p�oedi�s�e�aeea.� � :adi� : :.
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<br /> W.yn�ents . . . .�til�bai.tbe.I.endet for grouo�-tet�t�,,t�x+c�•and .� .�.. ._. .
<br /> . - 2,.7i�t.t o�h c�r w i t l t.a p d�i i r a a d i t i t�'t o;�t 5 e�n�o u U i f y � a�ewets ar�P�.aa the Caso t�j,Ge;.swch�tx .
<br /> � -� '�9�MS af:pt�ti��.+�ed-iatecr�t��ays6k�u�tler tAe�erms�of the oar.iE tt�t ja+at�ic�at�e+�t�t,��be�°aSitliiie.Borii�wei;;:i��be _. . . .
<br /> nole aenired�eby.the Botiaw�a wril!D�y to the i.rndet,c�n the crodited by thc Lxnchr.ua�.t�baeqaent Wy�uant��ta tir mr`�e�bY tlK
<br /> ; llnt+i4 d Mcb moatfe mud c1K�id note's tY�r p�id;t6e ' Ban�,s�c i�efund�ed�ro�t1�e�arra�. ii..ho�►`er.c1iG`noaWl� �
<br /> � �'��' ' p�ym�[s�dn t��ttfd'Bd1'�n�xer;under(b)of 1�raDie-2. � . .
<br /> � �NI) MQ�it-wtf`�aft fo P��sl�atl°not�.b+e�n�:to ptjr��jras�'�id; �
<br /> pe+nvide�tbe lafden c�roof wiih funds .. he�t�.tsxa and
<br /> to piyr the eext mory�iowsanoe pnamidm�fiMs�t amd acsc�nrems:or insuranca.��aR�thr�tr.r��De,wfiea tlx .� . ..
<br /> t5e�e�e�wed l�ereb�y are inpued,or a monthty cir�r�t(fn,lie�t same sbaU i�ecoma dne and=A�b3e,.thtn�"the,-8oaiowa�shaU p�y .
<br /> of a mar;�ye inpu�aoe prrmium)if they ue bdd by th�.';;<;;. co chc t.e�ider an��smo�mc iibeaspry,ta,msilt�up the deF'�ckncy.on �
<br /> �7�.�ni and'Ehb�n Derdopment,as foUo�vsr'��:;..;;. � or beforc tbe cfi�te+ifien,p4y�iotist�sb�rouod rents, pu�a.
<br /> �.. . CA tf aod • ' ��a.or inwrAnce p�ii'timns's�al!be duc. if at any time � . � � .
<br /> �a bat as aa,d note of tvea due and this iaunt- [h�Harov�skailrttt�iki:tcr i�k t.�►der,iu�a�omrrdanoe with tbe - - - . -
<br /> _.. aimc�1re�eMtced dis sre mnsured un�er ttic praviswn�.of tbe Na- provuia�as af tl�r'nuto se+�ured hereby,fatl p�yrnrni of°the auire - . _ . -
<br /> � �No�i�Act.m omo�mt s�[ficient'to sccam�nl�te in the itldebt�ifnei�r r�tted thtrcbY,the Lmder s1aiR,in oon�in� , �<<:
<br /> haode.`ti�me bofder ooe(i)montb.pi4s,to its due dace tlRe aannai . tbe emaauiaE ai`��u�deb[ednes+c.craiic to the i000uiu ot t6e Bor- -,; �.:�;'..y
<br /> mat�e inanynot prcmium ia c�d�r to provide s�uh hol�er witt� rower a1�t�Y�'in�de under the provisioes of(a)ai prrap�sp�.;::.• : .,,.;.
<br /> ��Wx auch premiam to chr�ecxetary uf Housing and Ur- 2 hereof wi�icA the.i:rnder��ot beroarc obiiptcd to pay co the �
<br /> baa Oerebpment pe�rswm ta the Nacipii'7�Huusi�Ast.at Sotretary of Housim�and.L:iz�Dev�sfop�t and amr babtnc�e re- . .
<br />� anknded,and applicabk Reguiations tifa[auxle�;tfr� maining tn thc t'unds•aec�iisi�Yf.�i under the provisions of(b)af
<br /> (il) If and sa��ag�said note of even ciite mjd chis instr�c- D�B*aph 2 hecus�l�ti�;�ail be a deiauit under any of the ; �
<br /> ment ara bdd bY tIx Serretary of Hausing and•IJtpan fk«�rtap. Provisions of thi�,��resuiting in a public sak of tl�e • •
<br /> � meat,s monthly cl�ar�e(in Iieu o1'i aang�e insurancr pran;l�ml� ��nisa coveroQ�'#�crc6Y,or�i�xtx Lender�cquira the pr9perty
<br /> � whid�s6aH be a'��+tt�ount equa{to onatweJitl!'EWl��of;ene• othcrwisc afta default. the[.�ier shaIl apply,u tl�r mr,�:�,'+�'thr . . .
<br /> . hNf(t/2�pa .aP the cemmenament of such proas�iin�s,or at the timc the�!a�ctty is . � '
<br /> �a�c1�' . aver�e outst,v�dU��b+�ance daa an� i
<br /> the note oompue,�':�ia6out takitl�into socount ddtnquenc�ies.ur o������,the balar�ee then remaining in the fuii3s aa . ..
<br /> p�y�; cumulsted under�l'��of praQaph 2 precediu�,u a crodit againsc • ,_
<br /> the amqint of pF"riikiwtt�thrrt reroainina unpaid atsder 3aid nott,
<br /> � (6) A sum equa! to t1�e�rraurd renu. if anf±,.ncxc due.Plus the and shall.FroDrdy edjuu�ny.:Pd►ymenu which shal4 hav��6eem , '
<br /> � P r a n�u m s[h ai�w i 1 1�nCxt become due and pap�bia on policies of made under(a)of paragraph�. ��'� �
<br /> ,! tve and ather hatar�,i�,^�uranoe cavering the property.Plus[axes � �
<br /> aud as�a.sments neac[�'ve od the propercy(a11 as escimated by rhe 4. That the Borrower will pay ground rrnts.taxes.azses,unrnu,
<br /> ' Lender)less�Il sums already paid therefor dividecl by the number water rates. and other governmental or municipal charges.Rna. -
<br /> of montbs to elapso before ane(1)month prior to the,datc when or impositions.for which pravision hu not bern made
<br /> such ground rrnts.�r�iums.taxa and assessmmu will become hereinbePore.and in defaul[ thereof the Lender may pay��tt�sune:
<br /> delinquent.such sw�xf U�be held By Lender in trust to pay said and that the Bonower will promptly deliver the offictiat r�cipts
<br /> p�ound reats,prc�siu�;�,[ues and special�ssessmenu;and therefor ro[hr Ixnder. �
<br /> (c) !4i�6�ayments mentioned in.cit�•two precedinR subsections of �. �e�naa.Q,.�,ifi '�-
<br /> tIais pars�'aph and all payments r:�t�e made under the note � OaY al�caxes whicb..ay be Ievkd upon ' '
<br /> aa�rr.�d�iieereby shall be added tog��'.+�er.and the aggregate amounc �he Lendrr s interes�in said rpl estate and improvemenu,and �
<br /> . ment�t Sbe applied by he Lender to the fol owing iums in theay hereby(but only to the extentsthat u h is notfiproltibited ��ytaw
<br /> arder scs fotth: and onJy to the�tcttnt that such will not makc this loan usurious),
<br /> ` + but exclading any income tax,State or F'ec�eral,imposed on
<br /> ��.4;1�•DremIum chu�es undar..tf�e contract of insurance with Lenda.and wilt 61e the of�cial receipt sha!�ircg such payment
<br /> , the S�,i�ry of Hausiag and Urban Development, or monthly with the Lrnder. Unon violati�n of this�e:'s��is�,or i�che -
<br /> � ciw�e(;n iiev of mqr;,asge insurance premiurr�).as the qse may Borrower is prohibitcd by any l`r�now or hereafter ox;:7mg from �-^,.�
<br /> �' P�yin8 the whok or an
<br /> y portion•of the afores�W t�xes,dr upon
<br /> � [[�3 gound rents,eaxes.��n:pnts, fire and othcr harard �d rendering of�ny court decree prohibir,in�i�:r payment bq the
<br /> insuraliC�s�remiums; ,. Sorrower of any suci�taxes. or if such lawT•ar°decra pravides that :-4,.:, ,
<br /> any amount so p�id by the Borrower shall�i�e crcditod on the debt. ' �'`
<br /> �i9p interest on the natt sect;cd hereb}; the Lender shall have the righ� eo�ive ninety days'writtea notice � '
<br /> (Y1� amortizatiun of the prir,ciyal of said�iote;and �o the owner of the premises.r�:qu:ring the payment ot,r.fi4 debt. �-
<br /> If such notice be given.the sai�riebt shall became due;rayable
<br /> � � I�te chu�a. . •. and collectible at tbo expiration of'ssid nina�.days. �
<br /> ISay'de6iciency ia the amoun�uf',5�ch aggrcgate monthly pp�- .
<br /> m�eec sft�ik, unkss made gooc!by tNc Borrower p�or to the due . �� That shou1d'�Rtc Borrower,fail to pay any sum or.�ee�i a�y ,
<br /> ! date of the next such�yment,constitLte an evctt! of default ��r.�tar.t provided far in this i1�s1►vment.then the Lendcs;,�t i[s �
<br /> under this mortgagt.'The Lender may wllect a"Iate charge"not °�i�fn^ may pay or perform_�luf•.same.and all expenditcrs;so
<br /> _ to exceod fau cents(4�)(or qch doll�r(Sl)of each payment
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<br /> . . . Page 2 of 5 � HUQ9Zt19DT �
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