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Luotyvar, t 11 m^ntn pert >1 Ili n, tiue jetc life sunuaf ru 'surf rnsur al:.r preli lan, ut order lu pro%tdc xlch holticl
<br />with funds ht pa% such prenttum to ihr tie, l: _,i4 III Illtustac .Ind I'Iflat) love• I, I I,I tic nt pur,uanl III ihr
<br />\aportal 11OUS-9 ALI. as amended. and ..;•l,h,al %le Regulation, thcreumkr a,r
<br />fill If and so long I% ,aid n:,te of rvrn Jafr and this :warnmcn! de hcW by the SeCietaty if 1Ltu.vng and
<br />Urban Development, a monthiv cbirger fin lrw ,,t a nnc,r!gagc utsururcc /:rcrniurn) which shell he to art
<br />amount equal w une- twcifth fl 12) of tine -hail (i ') per ,•.•spurn of the average outstanding balance
<br />due on the note computed without rakutlt 11111, Jccnunf delmquen,ie, I,( prepayments.
<br />(h) A sum ec{udl to the ground rent,, If soy, ncxl due. l,lus rile prenuums that will next become due and payahie III]
<br />policies of hie and ottaer hazard insurance cuvermc file nunice rd nlopett%. plus laxC %and ass.- ssment, nekil tine
<br />on the mortgaged property fall as cs!rnrareel h;� fire Al „r!>;a4,, „•,s all suns .lheady paid therelur divided by tile•
<br />nurnhei of months to elapse before t,ne morph its -stn To Ill'. .1 u, .then w,1, pound ren•,. premtunti. taxes and
<br />assessments will becoinr delinquent. su,l; ;unl$ to tic held h,, �t,:n agrc :n uu,t TO pay ,aid ground Tents. pre
<br />ltltuatts. taae, and special isseSSr11entS and
<br />M All payment% menhoucJ to the two p4e, edtng whxe,lon+ "aria -raph and all pas anent, It-% tie made [tilde[
<br />the note secured hen•hv shall be added together an,l the aggir,r,,, Ia.i.+ultl rilrl:,,t ,hail ter p.u,i ifs the Mortgagor
<br />each nuanlh ill .1 ,angle pa,nlcIll 1,• he iprllc,l t,\ !it,- SLI :lea :•., r.: tfn• !:.I. „Nine Irnr ill 11,' older u, lofth
<br />Ill pre;nluitl'harKrs under ;hl',Orill„t ,,f In,tlr,rtl,C Nlrh file \e, [ten „1 H•In,111v and I "I'm tkwrinl-nn'nt.
<br />or monthl,, haige im /,,.tr:,7 rn,.r;l'at', trrilvanl,
<br />fti) r ;,r, vuu,l he :aw ma% he
<br />gr,und 1• 1.taxes.assessmens : trr .aidhi;a :artluY,nl :nl. IITL [nun,:,.
<br />(1111 rntcreel on the nofc secureJ hrrrh% jilt]
<br />(Ivl amurtizoc,,n t,1 ;tic pr'mupai I.1 taaJ mite
<br />Any deticlency u, fhc mount lit any .rich a }s k:tl, „onthl% Iv. ^.,r,'' 1 till. Jnit„ fnafr good h% Ihc Mort
<br />gager prior to the dui ;err: of the next ,ueh IL14I11,•' ail,'+' ill` •t dclault tlndel ;his mortgage lire
<br />Mortgagee may c,tlle,f .r '-'ate :t.arge•• n.,; t„ tar •. ur. 1 +, t e. t! •Ldler 1 ?I i I•t ,,lc!i 111%1111111 111,,1.
<br />than fifteen f t' 1,1 :%s it corals to :over the clirra exl,e;lw invoive,l ill ilaildhile delinquent payfnents.
<br />'i Thalf if 1114, aalal of the pa%menl- made, ht the \lortt:J or under of p.uueritph ° pn•c4vinl -hall exceed
<br />the amount of pa %ment- a ctuailt made• ht the \h,rte :ieo, • nor eround rt-w-, ta\e- and 4•- -men1- ru'
<br />.t-- ill- uranc'e Pre -
<br />mmma. at the ca -e, mat be. -uctt exec~~. If tilt- lo,arl I, ttdrtw .11 rhr ••/plum of nht Mortgagor, shall ht• cretltted ifs'
<br />t)te Mortgagee on = ub:-equent patment- ill be made h% the Morieat!nr nr refund4A to the llortt!af;nr If. huwe%er, the
<br />monthly payment* made h%' the Mortgagor under . ;, of par.tgatill) .' prcc„1mg .half not tic kiffitlent to III” ground
<br />rent. tax( -- and it..-e,_merrt- or tn- 41ruu'e premium-, I- fife I :t_,.. nl:n he s%hen the -amt- hall 1)e4'nme duo and
<br />pa%-
<br />able then the lhirtgagor -hall lilt% to the llurig;tgee• amount
<br />,tot it"l•- -:an Ili mike ,111 the deficlem % nn tor hefo -v
<br />the dale when payment cif -uc'h gniund r(nt -. iaml.. a - -e.
<br />-meat- nr ill- [trance premrnm- -hail he due. I it any
<br />time the lkerigagnr hall tender to Ihel Morteagee• tit acrnnfancl• %%4th the pro%[ -inn- of lhe• note : ecured herehl.
<br />full payment of the entire mdebtedriv - repro -Doted thereh %. the Morigae,.e -11.111 in computing the amount of „• 'h
<br />unlcbtrJnt�s. irCaht to life accoum of tilt- Mortgagor ,111 p:t%nntnts m.tdc undt-r tilt jito it ions of I, of paragrrl
<br />hereof which the %lnrtgagev hat, nor he•t•ume 4,I)h;atrd to If.. to the eumt'ir\ of Ilnu -ire: and 1 rhall
<br />lk'tt-lope 111
<br />and any balance remaining In the fund- acctimulated under the -lion- '
<br />pru%i of of paragraph :' hereof If there
<br />-hall he a default under am of the pro%i - inn - of thi-
<br />InorteaLe r,_difInL. In .1 04161 it -ale of lilt- joreml-e- 4 n4er, i
<br />hereby. or of the 1lortaavyf at- tinIre- rho linip,-rrt nthentI -I• a114•r default, to \lnrt¢tyee -heft applx, at the lime
<br />the commencement of -u4 h prwvedInr4 -. ,n ,u the time the prillwrtI, 1- mherl,t -e a4 quued. the balance then rent aIn
<br />Ing in tilt, fund- accumulated under of patagi;iph _` pre] ,dmi,, a- a rredil ,t sill -1 lift amount o{ prior •pal •hen
<br />remaining unpaid under -aid note. and -hell proper]\ idle -f .ut% pa\mont- "ht, it - 11.111 ha\o teen made
<br />a
<br />of para-'raph 2 under :
<br />J [flat the \tons:. :coo V III p.r, e,, ..lrl,i •t'ni, . +,\r, ,,,L,,I a n:, ..,.
<br />r c err , c _ ,nJ ,ihc a;llu•rnmrnce+ .n nnrmtlp.a
<br />:harge, fine, nt mlpo,own,. 6„ „fish p :,,%I,wn h.:, nor I,ccu Ii. hcrrinhct, ,h.d In 00.111h ihrlr „t Ihc \lortg,lgve mat
<br />pal the tame .ant, that fhc \loug,ig,,t a II! pr,unpll,• dr itef the Ihc,rlrr it IhC \lortgagcr
<br />S. the Mort Lazar N.v p•It I1, hilt-, ,4hl,ll 'flat h,• 1,•,fud tip -tail Ihc \i, +11 i'.If:Ci iWL,f,-,f 111 `.alt 'C,,i C••I,Iie •, ft,l Iinprn %c
<br />menu. ;ind A 11wh fn % Ile ie,lcd ,p.`n !hl, '11Vrtg,,hc I,r !lie ael,r ,: -, l,lvd he rc•1,4 Ii•UI •n,% To The c kicni ih.11 , :I, h I, 1kJ prohihll
<br />ed h% !a, and ono lei the ctiefit lh,l; ,u,h N:If not 'u.,kr :hl, !_,n u,unru,,. hill c ,fu ding .u1% ill, Dane r;n tiLUr or 1 rJer.0
<br />impc,,ed on Mortgagee. and Ntii tic the . dt,1.0 fc,rlp t ,h, my .;h p.,, 'crit .. fh Ili,, \11,11, rr I lion , Il,i.euon ,d the, rindcl
<br />taking, or If the \tmtgah,,r 1, pn,h4haleLi t,, :n+ ;.,N n, +., ,.1 herr.Jicr i %none r,,• 1 pa%ntg life "hole fit 111% portion of 'he afore
<br />said tit\r,. 111 upon the ,cntlefille ot .a9% ,,•urt ,it-, it; !,f, +hlhtring Ihc pa%rnrnr % tSc \flat Igaior or .ant ,u,h
<br />or decree prmi ic, ihal .,n% amount „ ^.,IU h% the \1oug.,gl•r ,h.,!! h, ,rr,lacJ.vl !hr n1,•ng.i Licht the \lorigagCC',hall hate
<br />the right to Knc nnlrt% der%, N 71ficil ❑„IKC h, the o ntr I,I rile ,run¢e eJ prrnu,r, r,:,jmr og Ihc patntcnt ,l the nlr,rlgiogc
<br />dept If such notsce he g1 %en. the ,.rid dehf ,hall hc•, I,mr fur p.n.,hlc .and .•ik, [title .:f rhr rtl,n;inen of ,:nJ inner% d:n,
<br />6 that should he fail to pa% an% aunt of i,ectt an%. .,, - :• pll,udru 1•'I m lhi, \1 nI1 e.,gC then the %lortgagec.
<br />it it, op
<br />uoo. ma, pa% rr perfoi In the ,ante .and JIf r tpc'nd(ttnc, .•, n ,.it- ,h I'! f,,• IdJr,l t• • five pnntlrai ,um oN Ing on 1.IC shit e note
<br />_
<br />,hall he , ecured heleh% and ,hall he.o Init *C,I It nce •.,It- vi forth :n the ,.no n„ It-•. ,nill , .ud
<br />1 hat he hclei-'I as,lgn, u. :n,irl, ind ,c't, t : it, the %filrig,agev ft, !,c .applied 11"'ard lilt- p.l\ mint ,Ii Ihc note and Ill
<br />,wn, ,enured hrrch% an %.l,e• d ., ,.ictailu In file i %ifor•nan,c of .In, ,d the Ir1n,•. ,n,l ,o lair on, of thl, \11at_a}:c ,, the
<br />,al,l
<br />note, all the rent,, rc,cnerc, .arid Ill, 1•mr r,, he deli,eO tr,un the m„tigaage.1 prvnii,e, ,finmg ,tit h time .,, file rnerlga 4'C 171dChICd
<br />nets shali remain Uripaid. ,and Ihc' \1,Itigagev ,hall !late poNr+ h, app,•11-11 ant .•gent :II ecnl, It Ina” lc,lfc for the purpo,e •+I
<br />rt'palrmg si dd prcini,C, and „f rviving ;fit ,atilt .Ind ,,,(it �. iinp !hc 'i IIr, t,t•I141t, .•rid .,Tit wile .Ind :I mat% pat% „tit Of .ltd M
<br />tetne, all c%pcnwe tit repairing ,and pic-Ill,C, and rt C, C,,,,1% ,,:1111111 „i, Ir1, ., fl,l ,'\p <'(I, %” rl,iWV,1 in rvilling.,()1t managing ihe•
<br />same and of .ollethng rcmah ihrirtrorn the n,d,ui:c n•ni.unnng 11 .ill% It- he' ,ppited toN•.td thc• dn,halge•
<br />I,f "Ild ntorig,y :c
<br />mde hted nc, s
<br />fl. inert iii, •e oil t%rcr tilt impn„cnitnl, no r%I,1ute `•• heirsFier ric0c•d on Ihc aaolly;.,ged pr „per+% mauled e, ril'o he
<br />required tram Ionic It, ionic h, [he M,•ftitagre dt,IIj,I I,— h% fit .Intl other ha/,r(d%
<br />,o,l ;ainr, ind Ionlnlgrnau', In ,it,fl
<br />amounts and for ,tj,h pein•J, I, m.,% !,e rey,l rr t-%1 h% !hc \)rtlg.,a;ie .•rid Nrii Rio pr ern pll, %,hen J4l'
<br />9
<br />an% prelnli 1111` , +n alit fl
<br />tnsuralt,e pro%rsrun fit.' ravmeni of Nh1,h ha, not teen made hrrrtnhc•f „rc 311 ,n,w.ml ilk
<br />,ii,il turned ill ,Innpentr, .,;
<br />proved h% the %lorlgaXce ;aril Ihc pol!tlr, •and rvr%c.A, 'hereof ,hall he he•Id ht the \111119,,eec ha,v hr,! ;,...
<br />.and afla, fhtrci,,
<br />Nl,ahlc ct.iu,c, in favor of and m form .a% :eplahic le tike M.'rlgager In c,cnl ,,i 4,„ Mollg `%Ill
<br />:54!o1 qni launtdl,]c U,•n,% „%
<br />mad to the �1 orlgaKcc. Alto) 1111,, nt,ake proof If I,•„ d not made rromplh h, \t, ng,,gor nail In,ur.In,r
<br />,Ind ,11111p.In% „nI
<br />cetned v, herehv anthorticd and flre%ted I:, ..lake o .u, h lo„
<br />re%nit ru r r fire, ll% I,- 'fit \iortyec: male aJ .,f •, ,hc \11,I 11;.,gol
<br />and tht Mortt gcr tolafi% ..%d the In err Jilt(' r•„a•rd, I In% palm thrrel 1. Io.r% ht .Ipphrlf i,\ tilt \1,11 Ihec •t II, p11on rilhtl
<br />fh lire rt'dtlr.tMp „l IjiC !hdC hlC%1 n[” tar :!,% ,t•. Utz,! a . -hl "'For II11,4 If I• 1,t- f Iht ke,I II„ I, ill , I tilt,,
<br />t I me
<br />T ( ,If
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<br />,urn all rha, morIK,4K,• ,It- ,The! ansfe f ritic• f„ them r,g,,ied ern] +e•rf, In e tunatut hr ,e ,. of the 1,11.1 to ' , <„ 1 % t ,,t” 1
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<br />At; nKhl lifir and tnirte,l it the MI rt} Ipt r 'it and II, li % ui,•n.mi,e p"11, I,.. ht n Ih f r , h III r a• Ihc It- h
<br />,Ili, r
<br />I flat .n .xf•Itu,.Ine- J , olia c, Iona -. ! :: Ill, . In, ill , ! Ili, •t I, dc„ t i,t wit . III. I it "I I .1J, • I h„
<br />rtra.•ftJtatY 11ir ',al. h% -}r” t 'h \i•a Iy , ._11`
<br />� ne tl•,.. ,1111 t4 i I. „y yI,
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<br />\tort ty:r.7 ,end ,n, ,e,J I . na r <. .. ,
<br />, ,It-; 11111 'r arc et-„ ,, 1.
<br />till
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<br />turn, to ,nl,i ne,txrnrdn. „ „ ,,. +' Iti•f,•rc :11r• Or! ,,,. , . hI J ! „•, r; .. A}., I „ I
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<br />,-,..! M'• , m! a , r,., . ,., •- , I r .!i„ .. ,IV` • ...
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