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<br />ki6- -- 102064
<br />(1) month t,ri: • ; I, its due tiatc the au-• , t ,;tva v l,ul:7na prciimitn it: I,idu I" provtdc such holder
<br />with funds to pay such premium t,i olr &.j ;eta
<br />tiationai Housdrg Act. as amended. a ry e of tlllrsiie nd I'than fkvei'- tpnlent purwant Ill the
<br />ItegulaTi,Ir,. riirteund.r: ;,t
<br />(li) If and nn fnnF as said note of ever: date and ill's instninteut ate heI" by the Scetelaly of Housing and
<br />Urban Ikveinpmem, a nwnthly charge (itf lieu q(1, mi)rtgagc insi,frariee l,retrrrurni whtcll shall he fit an
<br />amount equal to line- iwc {fth ( I + e 2 ) of one -half fl ') per eetilunl Ill the average outstandill, i,al
<br />due on the dote computed without taking Into account deiinquencws of piepavments: an.e
<br />(b) A sum equal to the ground rents, if any, next due„ plus the fYenfiunis that will next hecorne date and payable on
<br />policies of fire and other hazard insurance covering the morigagrd property, pill, taxes acid assessments next due
<br />on fire mortgaged property fall as estimated blv the Alffrtgagecli less all ,unx ahead\ paid lberefor divided by file
<br />number of months to elapse before aril 111011th poor to the .late'A Ile" sui-h viound nni : :, pleoxli us, taxes and
<br />assessments will become delinquent- such sums to he held t 11: trzagee In liu.T i„ play said ground fetus, plc -
<br />111fw1IS. taxes and spe, "ai assessments, and
<br />(c) All payinents nientinr:etl in the two preceding suhsectious I`t ;hl, palagrapll and all payments to he mane under
<br />the nose secured hereby sblall he added rowdier. and the arp' ple .tmuun (It,:: „f ahaii be ,,aid by the Mortgagor
<br />each month ill a single , aynttalt If. be applied by ill. %,rtgagec ! <, .hc tu.;o twig !!cins to the ,,.der kr forth:
<br />tI) piemium charges under the contract of instr,am' with life Secrct,riv mi Ilttusul; and I lfhan ihvelupntrnl,
<br />or monthly charge (hi lieu „f nnv {gays i"IlIM lice ;,remrnni, ; air e:sc nlar lie:
<br />fd[) gn,und rents. iaxes, aYSeNsnlonl8, life;ind othvf ha: and insurance ;• eninir,is:
<br />till) interest on the note sekMvil hcrchv: and
<br />(IV) amotfizal!ml (,.' life principai of said note.
<br />Any dent -fency ill the amount of any such aggregate monthhk p:reninti si;all. trraess rlladc good by tole
<br />r,l ;I t I us ;Mort-
<br />, t an "Will „f default under this ni t;tge- the gagor prior to the due date lit the next such
<br />Morigagce may collect a ',late chatgc•• not 119 .st :Cad :: er,IS (};,) tut each ,ktilar (51 j of cavil iiayntent ml;re
<br />than fdtcen (I5) t +:;l, s n' arrears tr, cover tite extra expel se involved in hsmdling delinquent payments.
<br />,. That if the total of the I)ai men I, made by the \forteagorunder !,i of paragraph 2 preceding =111,11 exeeed
<br />the amount of payment.- acruall•t made M the llortt,a,vre For ground rent, lair- and a- a - -men, ur in= uranre pre-
<br />mium-. a� the. ca-e m ty be. -uch csceSS. if the• loan iS current, it the option of the Mortgaygctr. Sh;rlI lx credited be
<br />the 11orl "gee on �;ub'equent natimwnt- to he made by tilt• Vorig:agur. or refunded in Ihr 11ot gagor If, hour,er. the
<br />monthly' pan metil•s made by ,tie Mortgagor under %' - of paragraph ' precvdieg ihail not he sufficient to na% grcx it
<br />rc•nL taxes and a - -e. -mt =nt or 'ul- orwitI, prerltolm a- the have milk ho .then fit,, -an c -hall heeome (Iue' :,rid pay-
<br />able, then the Mortgagor -hall pay u, the lh)rl!ta i e• any amount necr--ar, ;n m:Ii.e up the defihient s , nn or before
<br />the date when pa,ment riE.uhh gnrun<b rent Tase -. a- e•"ment; or ill- uranre protnium- .:hall fu' dui if of •ut;
<br />time the 1lortgagor -hall tender to tilt• Morigage in ,it•, ,9rdam(I "fill fill' pro,' -fun- of ,he note - ecured hcieh },
<br />full payment of the entire indebtirdn... -Iran' -soled file rehv. the 'll ri gve -half, in 4 onlpu(in Ill,. .mono, of -ueh
<br />indebtedness, credit to the lcc,,u ( of ,hc \lor,gagor .711 lacrrlenis made tn:der tht' rovlSion, „f ,
<br />I ( �: of par<tgrapti _
<br />hereof which the Alortgaizve ha- nor hecoaw nbligau'd to pay to Ills- N,crvtary of Ibuu�ine and t rh;tn llcvclopmcni
<br />and :any balance remaining in (hr fuml- .,rcumulafed under the prod -ion- of r, If par;t,errph ? hereof. If thero
<br />Shall be a default under any of the proti -inn - of tai, m,)rt± ado rt•Sultine in a public -ale n( tit(, prenii-e hovered
<br />herohv. or ff the llortgakee atquirr- lit,- prapert•, otherni -, after default. tho \torttarn•r -'tail apply. at ihr time ,tf
<br />the commenhemenl of itch or it d• time the prtgierr lithe r,va t ahquncd. Ihr b"l"obs !hen n main
<br />ing in the funds aceumtri :oed and r •ph pn ,: dtna. rri'dil .t .Jn -I Ihr smount of principal then
<br />remainiog unpaid under -aid not,,, ,red Kitt pntpori, :tdpl�i .lot pa%mrni- I,bi, h h,til tote k.ot'I, m:,dr n:uit•r
<br />of paragraph 2.
<br />! Ihill iht• 11origagor %,dl pu . t .cIlls t ,ter r.,ic,..,nd I1111CJ
<br />charge,- tine,. or tnlpu,ltit n,. f ,: s, r• cn crrr.xv,r : :° o. 'n t.ni :ip;d
<br />pro , i , :n h:i, unl her t .a „tie hertinf,tfrne °..,,.,i Ill J,11.11S;l iht roof the 1 I., :awe n;1,,
<br />pay the ,a: ic. and ;hit! the \14 rttat t 11 1 !1: r t I Oi r tic , t ;,,! r,:,, ipi fhcit,;'Ir 1 11;
<br />5. \I ,rl , •u
<br />Ihr Mortgagor .tut t all r , ,,, eh Ql, 1,C i ue,' i In \i
<br />i 1 I 1 Qc Intctc t I rd 7k:a: .;lid ;nipro,r-
<br />mcnl . ;Ind whlch,ney he Ic. iod upon Ihi, r ,.� r_t• 4,r the tool , i h cl , hli1 ,nilv (n !fI •«reel[ •het ,ueh i, not prohibit-
<br />ed ht lair ;,lief orllt to the evfent That +u,L , t I .tot make tt,t, i ,n ust,nou,• i•oi e s I all r r , rf.ome t::,. tit:,te or t idle "!.
<br />inipo,cd :9ttMorig;tgce and ,ell!�iftiht , ttol. l!, rxlpr ,hot,;ng,u,np;,y =oret,•.rth hr Vr•Ite.:,rr t nun•.mf;ia:ut„`thisundcr-
<br />raking, or if fife 3iorlgagor is pn,hil 8rd . ;Ill l:,,t rn,:, „r hctc Inter c,israg f roil f ,,t 1„•' ,1'c �, h dr 71: I„ f nrti,nl mf the ;Iloie-
<br />,aid rase•,, or upon the iendciing n! ant :,anI fee plohli'lling Ihr pay ❑lent he t e \1,1,11!e t,r Or ;lit ,;,cif fat :s. ,,; If ,n:It
<br />or decree proside, that , ,n% '4 Leltnit a.Jd ifs the 1il l 1pgor , i I! ,•c e redlled On tile 7 t rlt,: l rift .1'.e Mor(L tort .h.ii' h::, e
<br />the right it) giic ninety d1,, kFatul ,re,ltec Ill file „u net of the Lu r eta �c t f r mi hti n •the r cilt It Le _iuri
<br />debt. If such notice hr gt oil. Ihr , uo deter ,heil become due. pat uhf: :lad unk, libel .,t In, ec, ilottun o. s;,i,. nine, , ,,;,s ,, _c
<br />h ltial should he fail It, I`ay 't 1 II,; Ill- k cp .'.Ili' t 11.4 E 7. „deli lot ail till, then the Mol li:il :11 11, ,>1,_
<br />lion. In o, pal or perform the ,. ,:'c 1 nil e i '(`tfl ±art nll,lt. 11:111 be added to the punt Ip'I; '.,In1 Ili, t•IE VI: the t): e' 17„re'.
<br />,hall he ,ecured hereby. and oi;ll! 1 tar rtrre,i .;t the roc ,ct tort!: in Ihr ,aid little, untl; p,ne
<br />111,11 he hereh% !siklgrl,, trul,fen and set, oror I., the 11nrli4agee. Its he app led I—%i'l i t • nerir , `the ut +lei .r,s .;!�
<br />sums ecured herehy in c Ise of :, of i 11 in the perforn'o _e of Ira „' the terns i!l,d LAIDdill s 1 if I Aforie, 1 he
<br />note. all the rent,. ref critics and tnu t t; n, he ae-rived front the r t )f1pi!gcd ! remise, dinurg sot h ,it.lc rho null i,,i�t nluehlc;i
<br />ness ,nail repimn unpaid lid the it ripflve ,h.111 ha,s po"CI p, ,lint i.11% agenl r if n n ,ft i e !III the prrf :tsc of
<br />rep :unng ,aid promise, .Ind Its rani ,he ;vn, :,nd ell lc ilng the n It, -unu7, Ilid , I,1 c +lU t ;1,.1% , t 1 I•.
<br />.orne, "ail elfiefi,c, t,f re•pantlit, '•.I 6 f- .',!,C .'rid Ile,, ,Its il„il 1, ll, 119 .II,d e1pe ..,e. ,;tNI + `r, !, 1 .,„n , 1 1-`t
<br />carne ;,lid of able" tine rent,l, thr•,fr..,l the t,akwce r,rrl 'long. 11 :M. III hl. •, i a, !,,,,;,1 ! ,111 h f `I nil:.;ec'
<br />allele hted ne”
<br />If fbtl fit: gill keep the impr„ecmcnt, nit, e\i,hn1; m hctc;,fler crect,d IliI • le rt :,ripai,I! nrol„ 1 % ir„lnt,'.., et.,'. !•.r
<br />rcisiulrcd Front ,ink: to !line 1`i file 11 `ttgtrp;e'e ;tgaiu,l IoS I,% lire ind ,,tile; her :71 e n.I It,t .,tau ",Itinpt it •u :l -;
<br />ammon7 ;md For sorb peru,.f, 1, m,;s he Iectttilcd hq the Mongat_et ;+lid '.kill po, pr ,tlll if ,e t,c t di,c. 'Ink prep Mile, ,,.t .;I, h
<br />ni,urtnce Tsiolisi,u, lilt p.iernenl 4,f v ifs :; Fi has not
<br />been made lx•teulhe•fnre All nt,ntan"r 0).t:; t -c c,tn lh,i Its
<br />pn,ved f•, ibt< Aiorrg;,{;cc mmd rbe• p , -ills, and rc•r,c,,:J, 7hcrerl Abe(! he ht'itt i.', ;h, A1<,rtg.,�cr .,lid j1,- , ,Ir :,eh :' +i t1,ci�i,• P,'•.
<br />p:1, ;able :l uses In rli. i f ad in ` ran , ret,hlc Io III,: 174,111;. t :ev In ce,'nf 'If le+, \lul lg:u I:: t
<br />neat; t, ttrr Ml' tt.atet ,no cull ; 1 k, pf ,,f t not n.nh pt „nlpnt ht 11u•It It.t ;
<br />1 ..r •n
<br />eenxd 1, fu-ttht it ff r+ltc, ill On Ic , I kt v,.nt 1 n ,t rte !n„ dot i ','the I ,ie ,f r ,
<br />t;a -
<br />•afidthe%l„rY t j ltl, rle 19• In i�,ct i, ,uI f< �`i 1 f.__II( i., ! \', ,'�. st !I, .1.,, a
<br />;c, the trdii,ri,er jf f,t •r.:,, ,,!lit -- t t trF1 n t, r I , t6, , -t I.,I ..... ,.r ...t i, r'r 1 ;1
<br />are t f rho ,r „rat �,..•r , he, ,r.n,£••, „{ lit t. 'hr ••1;. !k et,' i” , t. .n :1.1 ,, v..i • . -
<br />at! r, rfr en n c : i t t . Att9lt 11
<br />717111. ., I
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