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<br />102022 :Is tlift aaEc tile jonul I
<br />�1�, I T1.!.v" !ll"; lo provide Silch h,"I'Jot
<br />(w1jih`nt'f)irf1,:j1f; ;i`,r I 1�;r, 1"Iikch prCrylvaill !0 IIN, 0 Hituslio, a!id t 'ojn Developillent pursuant iti'the
<br />86- National kjOkiiirw Ai, as jineft,icki Ij,jj jiff l
<br />cu • , It!
<br />If and S41 long as Qjjj 11ofe of ever, -JLIc -'lid this fnsI(Ul1IC!,- arc licid by the Secretary of Ilt,11\ing and
<br />Urban Ditvelklpinent, a monthly ehdrille ,it: lieu �t a "ZortKiwe Trouirapico, previiij,11) which ,"hall be it! all
<br />amount equal ,o ioc-twe(till (, I j I , ) ,,t
<br />- , I I ) per eottwill of ' tile average olitmaliding halall,:t:
<br />due on the note computed without faking into acc,"Ilill delinquell,:wS or plepayinelits:
<br />IN A surn equal to the ground rents. If Illy, next jllc, plus the pie"Ituills that ovili next il"conle dtle ;lid payable on
<br />policies of fire and ollict hazard insur4nec �cjverjjlo, file mortea?,!d prollertio" Vill, ;axes avid asikeSlolel)IS oCXt due
<br />Oil the mortgaged proper IV riff as estopfired hi "he Affirriwk I ;Ciis ail suit already paid' lbeiCI'M divided hV the
<br />number of it) elapse c
<br />inollith, �j I-fa ,r
<br />I (Ile one month Pit')f III the Iiiii!'- 'Ahell such gT(.iUI)d 'rents. premiums, taxc,, and
<br />lisse.unlents will !vcorne dthitiluer", sWil 51141's to be liclu b Mortgagee in Irtlitt to pap said ground rents, pre-
<br />Iniums, taxes and special al�wssmrints * and
<br />(C) All payments raentliiinei In the Tw,I jjfcevdjrjg
<br />sulls"'On Ili's ,Ulag JPh and i'll PaYnivilts to be ;iljde under
<br />tile note secured herch.v shall be added iOW-1111cr, and the aggiegioc irlicitint "Ilet-'Itt Shall be Paid by fti;� Itfortgagor
<br />each month in a snitilit pagfrjepj it) be applictj like he r,) the ollowfifF, iicllls in the by set forth:
<br />oi, Ili, si z and 'cJ"Jo Dt'velopinclo,
<br />of 1310nrhn Chalft .'in hivu of ?*rrrzaw iiisvr,7rr,,c, PrOWI-IJ, as !i1 he.
<br />.,aIe !iia%,
<br />ground IIl. is. J\%,�Ssowjvs, life jod i tlhet fid/ij-d aRMIlAoL ;1z.e0;1111 11S
<br />t III) InittrCst ,It' the :I,)l,: sectired herch,.% : and
<br />(IV) alnorliz.1f!"ll If !lie prifl,:ipai of Said note.
<br />Any deficien•:v if, tht, 1t17t-.41jit i,t Sllr Such - pg;Lgalc moollilk pJYI1I0P- !fill, 11111CSS made good 13Y Ile Mort -
<br />gager prior 11) lll,� dl!t' ilv,., of :hc next such P" - ", Mider thlI mortgage. the
<br />Morlizaget: lilay -.i-iliecl I -i;ac chiokIz- ni)l tit i.-i;j i4�') 1-,T iia,ll dollar (5l i of ejcl:
<br />pal flient more
<br />111,1cen H ) --Ioals tt eover "Ilki ex(la exoe!lFic ilivi:Ived in hallolirl" delioLillent
<br />payIncrits.
<br />Z. I % at if t If v total of I h a t not v I I I - made' b,o I h f to ri i I r if I I d I • r of paragraph 2 provu(linj, shall ON(.eq.d
<br />the amount. of payments actually rn.ide fix [Ili- 11(ortgaget, for s�vfi?nd reels. taxv-
<br />and al-(I,4�srrient= or insurance pre-
<br />mium. as the case nlav 114" cxkcs's, if the loalit i-,; cul-r•iv. it the oplicit of di• Morigogur, shall Ile credited by
<br />the Mortgagee on subsequent pavmvnf� to he orrialle In the liforigagor, tor refundod to ttir• illorigago;-, 11'. howvver. the
<br />lionIhIv payments made I,%. the Morgagor under c7f parilgraph -, pri.:(:c-diog shall of-It he sufficient to
<br />pay ground
<br />rent, Laws and a-sesstrivrit;. or prernivn, I. the 6ticorriv due and
<br />pay-
<br />able. then the Mortgagor >hail pa} to the %II.IIAagv(- an", ariloun( 1101, t .- ma. . fill ]ht• klefiviencf, on for before
<br />.
<br />the date %shen paprif-ril of -tieh
<br />.-,xrflund r lfl-ldrii;lk I' Pc•tl'ttlfil� Aiidl 1- (it!(-- 11' at. an%
<br />T:tll
<br />lime the Moog
<br />lagor shalt tender ill the Jlorj�vagoe, ;,-I accordance tll4• pnr'l i -'Ioo- of the foole #•(-ur(-d hereb
<br />full pavillent of die entire jrjtjo•J)tq:dn(,s- rvpry vnced thereb, III cloripliling th(l arnotint of stich
<br />indebtedness, credit to the a "t"If of the Mortgagor till Ivitinvats; m-ft: ulld- zilt, jlr,,� sions of �,1) of paragraph
<br />hereof which tit(! ItIortgaget, fla- not bt-vornv obligated to pa) to fill- svcrt,f,ir% of No( frig and I rbito Development
<br />and any balance remaining it, jilp fIlToj..- :14,I,jinjolAtt'd loidi•r Oil- pro,iliiof- Ili 44 I)aja'rraioh 2 hereof. If there
<br />shall he it default tinder an * to of (it(, pro% i-zljn, of jljl,, ;poItT_,jg(- 1`41•.-Ulllflg in it VLIIIII( -le of 'hol, prorrri�v- cocvrod
<br />herehil . of If the Mort'gagve ;I( (Iiiii(- lh1 . jj)-,pvrt! omvrixiwv alivir dvf;oin, iliv -4- shall ilipit. at jjpo litivi, of
<br />the comment vivient of such pr(o-t:vdir?,,!- . i,r al ili,- timr, th4- propl-r1l, ;- othvr,%i-,- it4 it . ttift,d. rho, ii;i1juicki then rep.min-
<br />ing in the furtik ac,-umtjjjit(-rj Ujjd4'r of I I pft.i I'd", it- ;I kr•fil do- amount ;,!' principal then
<br />remaining unpaid under maid :,nd -hail m1pl-I ;.11, "hi, If -h.tll 't:4%o hvell filad(• vl:d(l
<br />(of paragraph 2,
<br />4 1 "t ii the %jorippIr %kj!j I ., !!I- !,Ot; r t tillf"Cot,14 OF MMUVipt4l
<br />arges. lines. tit inims
<br />ch. i-,: [ E ti crc f I h. %1
<br />t T. 11):1
<br />put the amc, ,lid th.ji the Mo I I Iz: IF r 1111 f I I z i 1, tII d I: I l! t J' I Ii t c L: v I p 1 11lint' v C, l Z, 1 1- I I1 ,1gCC
<br />he if ! I; t f t 1:,: 0 11 t t! v \, I, r 1 L:I g c c c I i i I t, I real c , I; I I c n It 1 11) r I. . c
<br />fnent, liu Ii hi mac he relied llp,,rf 06, w"I,j!,wQ or the jCH t, ;,1 !1-,: c ItYrl that is nol
<br />prohiNi-
<br />ed by h-A and only Ili the iii,itinj jbift .IC!! •Jll ?1, '1 vl 'I'll HIO)MV lot. Nl:,tc or Feder A.
<br />ikc thi, lo:tfl hut hi,!tou
<br />Imposed in %,lit"ague- ;lnd .,lil 64: ;lie 11141A 11"Ll 111 1; J-Ai mv!it Ith hc Mk if ie,1 'ec t Poll I, l(O.Itiml of Illis undc:-
<br />. tl1�
<br />I.,lking. if if tile it,- ic !:cr il-, vig i, hNe ri :m,, ... r; 17 i f I fic
<br />I ii i I :tr r, e -
<br />'Zlid JjXiis, 'IF upon tic lei ult, :"c 1111,ftmi- I N !"t-o' I,, I;w 'O or ,I mi. I-, fzf\c, (I, ti i,t:
<br />lit dc,:rtiv pri,% Ide, IIIIII . I !ill; -!1, %1 1 v; i , , '; 1,; ; , 0: 1 l ivilt. It e 1i r I g.j cc � h. I H 7.: Y
<br />the figh, If, 1-tic rune:,, !he
<br />!he ;:,i :H, c,d the ;'Id ninci% 1:1F
<br />P f'If
<br />-I! 'hould lie I-, kc"j, -, I'- ! ;,I(%, t'it": . !pv, flicil 0%. Milt lgzlgvt: op
<br />loon. lllijt Pat, If perforrri Ibc .,:w c. ,f!,! ht, "ddicil I') 11IL: k"', it'l: "13 Itle
<br />,hiitf f-c ectire:1 herclv . ;,o II.Iti 1,c.!I ;C11"t-I t? itic r.tt,- ' -1 ti•flit f tile :,IJ 111.1c IN71d p.tl,;
<br />'7
<br />lh--1 ht- he;o,% :,•j ci, ,,ej T,,!he VorlelTiXC 11' he tlp:011•d l0ki.11d !Ill.
<br />,lon, sr.urrd he"ch., Ill :-, 0 '1 %;": :.1, ii, 1 " I Ilk
<br />. ?It' ; 0-' 11 aM I I - Ili ! this Mollg,ljet: I! the
<br />;11,1
<br />rf Af the left Md ale i-;t l- ;:l, froni !hk n. r 1 1 .col preflosc, diwent -.r:, TI kin ;I, tile lliortp:!.pc ❑lifelved-
<br />Tie's .[tall o-cmairl firip,vti. tnit Ti-L fl- c rz-- 14. iippollil :11IX agelft If t,:(:W' IT Ill.' lhc pmpo,v if
<br />repairing said pirerimes an ,t Fcq: i! L !it;, _f,je I 'Clote, "pil inklIMC. hod 1t jv.i� p.lk otf! of :-id In
<br />conle. ;ill C, -1 .1nd c !!,k urr"d ;IT fC,lnft;k2 -10 rlln.l'1`14 the
<br />larnc and 4-1 TCITI. InirlI2 if lit lit :ipplicd 9,v c
<br />V If said morttzagc
<br />✓ [hill ow uW keep Ific fotp!,' Pehl, ro-tilk e,,i,IInje 3I , het, titer erec!cd ,it the as may hp
<br />,cit,1111rctl ft0o) 11mv To rii,tki 4 OW ii% life :rjjj "thel .swan!( vnd i -ioinfecrikJe, in such
<br />�.,rpounfix ;jod for %ocb perioo, to 7c,1111 '-d f,.% the mid c 01 1,;,1 p:owplf-, . " IWIll ihie. 1111 pr"'Millill, On It,- -11
<br />tn'ttriolkic prot,istort hIr P,f-.mcnt -� I0,01 h;!, not Nivil "'okle m,w;,ltc 01:11! !,: :aritled In
<br />rr-fVed too, Ow Mortgaget. .,,I the I7lotj p-, :2Ijj :efjeN,:j!, jtjc!e',T 11.111 h" hilt i,F 014, %Iwl I:,,- nkl h,!%c
<br />patridhit pauses in f" ITT tit Ind if, fwqi lit ibc I, •I 1-„ c
<br />floill tO Ille %41.Mittlec, "I],, 11134 It"ike pro.if of I.- ;f n 11.ldk N,liIf :vJQ11.
<br />"I'lil"ifli, "OfI
<br />,.,;I net! I, Itelcl',x ,nti O.T t 1,,,! ",!Av T ink Fit tisr is, %'I
<br />and Ilk' 1,11origiaget: jiililll% 1 Ihc IF It'dI t dill
<br />1;I fitc feel trc litM t 1 !he
<br />,kiw Of fill' 11,111figlpe If oft
<br />n Ii I I I III I F I HICJ fi";,
<br />:It fwht. title.• vyki mir wit of
<br />!It It !ho 1:1, 1, NT,"
<br />.J
<br />Itil I. i1t., ":fit 'if -1, I -I Ihl�
<br />,
<br />I!W ""'rtPZ;tR0" it I% 1, �I: ;� , it,'
<br />1 -
<br />!t ... jcT �-, 4
<br />lr�? I i !"I to" 'III". "III
<br />thel't ; ,, -I"i
<br />it,�111-11 , , :- !; ti, O Ple Iloi W 1- 1 "I't,
<br />f
<br />"'it Pd. r ll 111d ",.,I
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