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jL����Q l n oritl ,,rux to its due date the s i" n moray s a u �n c p " p u in .ie co pr,We such header
<br />�_ �+ writ lung;
<br />It) pay- such plennum o ,1. Se cca I 'lousing i1:141 "1:6,111 t eVeilI Unent p irsuant to the
<br />National 1lO?Jdng Act, as amende .l, a n„ ,e el h1 in ; ldcgulattcti.., thereualdel, or
<br />(10 if and so long as sari; We of even data unit 11115 instrument a!e !relit by the Sec=retary of HmWng and
<br />Urban D velopmeni. a wmAly charge y 1,ji of a 1ru ;rgJge• iusura+t t prerInum,; which ,li;dl he in an
<br />amount equal To cme• twelfth 11 I of I > c h i f 0/2) fief centurn of Be average outstandui, balance
<br />due on the note computed witAm ,!king Into t tount delinquencies or p?epayrnolim
<br />(b) A sum equal to the ground tents if arty ncxi LIUC, plus the premiums that will next become dale, and payable on
<br />policies of fire and other hazard matranec cuvcrine the mortgaged prolxnrty, plus taxes acid assesments next due
<br />oil . the mortgaged property (alt as eslitnami ht, Ow Afaqtrqg,,cJ Less all sunas already paid iheiefo: divided by the
<br />number of months to elapse Before one "n=M prior to the dale when such ground lentil, premiums; t cxes and
<br />assessments will hecome dehti wrill, such sums in be held by MlorltVv in trust o pity salt! Wo!md !erlly fire-
<br />miums; tares and special assessinents; and
<br />(c) All payments mentioned in Be two precedhtg subsections It this paragraph and all pa owats to be made under
<br />the note secured hereby shall he added to},cthat, and We tggrtg!r �Inlo u i be paid by the Alottgagor
<br />cacti month in 3 Single p wril to 4 applied by dw MloNpg" .r, the to hmIn � n-: In die 'alder sal forth:
<br />r �4.
<br />(1) premium charges under the contract of insurance with the Swwwiy ur H_ ising and Whan Devclopmen!,
<br />or monthly chaa e (111h(71,4 Mor,iaC'F igsul7nc < !rrmiuurl, as !he earn la', e-
<br />fii)
<br />ground 'cuts. t lxca amssrnento hie and nth t .'..i :a.d ins"lla•cr ,, alit ms.
<br />(lei) interest „n tlic note secured beret ;v: and
<br />(I V) amortization of the principal of said note.
<br />Any deficiency in the arnotint i, and Such agl,regate n)o11111h payll-will ,ha II. anicss made �gt,od 'tiv the Mort-
<br />gagor prior to the due elate or the nest such i P7T r ,. " "um an nem 0 default "tin On nur.ttage. The
<br />ltortl,agm MY collect a low ire chars?," not to cxeccd v,n am (io Ky ra, h ,r Tar fM ) cal each payment more
<br />than fifteen 05) klz,, s if, arwins to saver be .:xtfa c !apse m of d w h I nditng cteli "no p:tvp,Icros.
<br />$. ThaI. if I.It e total of the payment- made by tit v 11nrt a cr antler (i- of p if rog' 1 If 2 pre,, vdirip hall exceed
<br />the itmount of payments act.uallc made by the llorteacee for tmniod rent. tau - ;and a .mss ?lvni. or to >arr:mce pre -
<br />miums, as the cans may be, -uch excess. if the loan i4 current, it the option I,f the Illortgagot daall tx credited by
<br />the Mortgagee on subsequent payment: acv be, made by the iloriga lop. or tvfuniled to .he 11or Via•. m If, h(mevvr, the
<br />monthly payments made by the Mortgagor unc cr 00, of paragraph 2.. prcceclinp Thal l nut he sufficient to dray ground
<br />rent taxes and assessments or in- ur ?ncv premimtt a.- the cam, no) IS , ht n :ht n <• A ttl be comp. d. and p,,-
<br />able then the Mortgagor ,hall pry To the 11origa e. any atnonnt nc e f -ary To !,p -;f,, ,q Ole it f•t icnct , on or before
<br />the date when payment of -nch ground rani - to r a.> e;.;nit•nt< or in-ur :mc.. I,rr•rlium_ _fta at any 'o uc
<br />time the Morlgagor 4all tender to the Mortrragwv. in nreordant c pith Ihv pro,i of the note >:ecur.d h.roby.
<br />full payment of file entire indehtedne-- = t•prr•entpd thereby. the' 11orI ,acee ,h.a{1, In eompuline [fill amount of such
<br />indebtedness, credit to the account of Me ".fi,rtgagor all p wems manic w der Ow Momums of oo rd pmWimiph
<br />hereof which the %hntWag.v ha, not Kwome obligated to pay ice the xcuretary of Ilot ing and 1,rhin, lJe,efopmcnt
<br />:and my balance nwaining in the• fund. ;t"mmia"A under Be provision- of ""d tear nQ 7 hfvenf H ±here
<br />shall be a default under any of the provi-ion- �lf this mnrttti +t.e r—ItIting, in a public -alc of it-.(, pre. mime= (,m,r.d
<br />hereby, or if the Mort ague actptirv- lilt- prop.rl} other,rtm. afier default, tl>. Mort, at o half ;appfv. at iho tithe of
<br />the commencement ill' IIuch proceeding;, or in the dint• the prol :r:uty i- tnhern i- aryulmd. ncc balam o then Terrain-
<br />ing in the fund; ae-cumulated uud.r!r' of pamu ph 2 prKKiri;t, a� a i rcfhI ihr• anlouns .", principal then
<br />rent it tning unpaid under <:riif nil. - and -.gal? pri.r Ili ri, adju - t ant uav;nofII itilh ,i1:d! 11aA4 t.,.t•;i !l:, de 11;-AcI r,1%
<br />of pant; Wh _'.
<br />4 Thal :he \tortlt.r nr "M psi gmind ran! lase;. :!sac -,L rill, u Ater ,.,,„ :,fill Ih :' r ;,i,etnsnruti! of municipal
<br />chargey tines. or imposntion,. for ,stitch ; I ;,enno'; has nol !,can .�,Id,r'rcrernhefo; ;al r l -, :,! ,r !hcrCol aht . r h:recc :17:11
<br />pay Ihe,ame: and thai the \tcrtg;!gcpr .,III ; r- Iip r. t c! "e! Ihc Iii :,.c` rccr!pt, !l!Cr I.) OT, t r1 slit'
<br />?. l he Mforigagor %ill talc ,!ill he\r , v ..,c h malt fie rcc!c,f • ;i :, rt Ihc tlort age: dicta,. in ,a!J .t al ;,U r and ilnn!c,%v-
<br />ments. and uhich may he fe, wd upon An lip r age of Mc dct.! , and i crehs No ta01 !c, :4 vumt to Such t, nim pulhilm-
<br />ed by la% and enh to the e tent Am ,ntih pail! net roof., MI, loan n,tirle.n' -• i n' I"' 1'10!M! ins lrlia "n(' tat. Slille e,; f e•dcfar ,
<br />im1'posed on Miongagee. and udi fife the . hmd rumm ,h.w his qwh pars eIC m v nil ill , �dt,,,p _ i p m , nKn,, wf Q , under -
<br />hi N, m It ihr Mlertgagix !, pfeih!f'Wd 4 wi% la, Po, (q hocan i .,.truly I1,- : i f 7 !t1 i of ;;fly r=r'rtit>t1 raj the aloic-
<br />said lax,,. ur uplift the rc °Trot t: ! .,t i ur! dt'crci 1 >rnbiholil i!a p.il. i !,v_ ,tor le"T arms ,.!cif I,lve.. 011 it ;urh la %t
<br />or decree pi ilk that .!fit .aioliW , Lt ha the reoilcd Stn thv moll ;a••c &I'l the wiort,at•er ,hail have
<br />the right to gp,e ninct t 1 ;; ,rol"O r.nr,e c n, .toe •.ul net Ili •I c _ nil [::,!11i, an;nl• the p,: ^ten! , f !tit- 1'1 , te,!ee
<br />debt. U such n_rice he finer. Ili ,ad d, ht Shy i e.um &I, t •- WV !Ild 0 I,re I. ,•r o;oI'll, of "od runeiv dos,
<br />G That Should Ile fail Ill pa, .n\ .oln c I t•cci, :in d, , I`! tl 1!e ! t. 'hen Qx I"! l t ..:,t ph 1,p
<br />tjon, Ina% pay fit perform th.. ,.,rile :uvi.rN c ,.t•ndr!tut, r n1.6, !-I,a he ,aa., , !t nc(. "fin, ,nnl t %k. tilt !tic sbo,c note.
<br />,hall he sectared herehp. aw! ,!);,If n •. uncc,t ..I the .,ve ,rl I- tit In ihr ,a!tl untr nnol !1;111!
<br />7. That he hefef,v as;!h..,. tr.ni,tc, , .i!, i r!, ,•, rr !o Ihc' •,1 l ;tare , r:, he a: !,It'd !•.,a arii ihr pas - Incur cal the note old ;ill
<br />sutra, Secured hmehy in anc of a ockmtt ul Me r,eui,rm : ;r :,, m am c•f the term, :Ind rondutons i,f ibis \irrlg,, or the ,aid
<br />note, all the rent,. rcnenue, ;rnd income i•, t; drrn :ed'rooi Mc , i!p, lid prrnn,r, ,h,rinl! ,ach nle.e .,, the otortfoagc invlehied-
<br />ness shall remain unpaid: ;rnd life 1t i,Ipyec n ;f nakc pwAct I„ appoint ails . :µrrri , ,Ira it nu, lte,itc fop the purpo,r , _
<br />rcpai ing said premises and of rCnttec ,h, ,,. fie :,nit , „c.i!Fiv Olc r(ni• .and r-l.:,nrr.., old it nla) y out el , in-
<br />Co"ws rdl C%penscs of rCptnrinp ; I 'rata •, .in,{ uc, C•,•.1, „ 110,,,,.1,111 loll c,t'Cn,e, in, inn•d in reutult,.tnt, 'nanog!lw Tile
<br />same and of ce tlecting rnum the ;tram tl ! sLr,r, :c tarp con. ;, .n: ill ncl• - ;pone'] the ri :, I •rvv o, ,:nit moitteave
<br />indebtedness.
<br />& 'That he 5511! kemp Me implo.emems nix, e,ii,t!n;e . , her. rl er 11 [liar olrrlgalzcd pr.y,erty, in,urcd ,I, mars- he
<br />required front tittle" t0 time ht, tilt yf rr'f..I �; Ilyam . 11„ h,. !ire lilt! arthui haiai• :,. 1a;ljj,liIie, .Pi1 - !n P'p)7c'Ik; [tt, In ,tafl
<br />arilmonts and for suchperaodr cs 011 , be recliare;4 by the ~fort} +}:ce trxi sill pa} pr MOK, wham date. ynnnn, oat Mkil
<br />insinamc provision fe +r rialrnoit ;,) whiclh I +i .'ef i rr..•aie hhcienlhehlic- •111 n.,,u:uuc ,h ;d! I,r ca'''rd ui cinnp,mc, .y,-
<br />prtrved b.y the ,Mlorigagee and life pn!icce, alid�•enc,e,w" ful_•.,i .hell he he ;d h,, Ili,- Mo,IT!••gc • lilt t.,, I a rt.rCh„t ,1.c,r!1, 1"',
<br />pairableclauses in favor'of and in f uil ilceCtuahic 0 I ,L1ru"a:Br In crop ,,f „ mmitc,t.••, Am W, intm camk Ilnitcc by
<br />MA W 11!11 M urtgal &V OW coil, tale .;,•f cl !., M +. ,•ad; •,+n l +1i, !,•, xfn�l „rent 11,nlpan, ton
<br />sernnd 6 herOy authorized and div a& W YWc n .. ;or .ch t ,l, w&! :, It:r ',t• „rr.r�c, n1,!ca' 1 I” ! , `tr „Ir.�II :1,r
<br />'. anal lhr M1 rttal,l S ioo,di lid OTC 111 Sb_e i - 17i, I,, it tilt •c.1 II !%t, rt f i t h, If �i, •iI e 7 rl r ! C ip':I
<br />to nic redttrtion rf lhe' true l tedtle* It _ f t tr .. ! tt -�r t i . 7 .n -f t r ,!ell
<br />ore of tilts nuHt 11,1 fir •th1 • nlan,t •# w i,c to
<br />@. � t t i.
<br />'All built. ltlle and
<br />'r. That it, addInon,i- gnu lelilt ,t ,._tr, .pt Inr th1
<br />rtturtgMC the M-10r; M .rl+,; „_r. W we YIN qWv A , ,d11•. u” It ,.titre, ll.11jl,
<br />Mof;l,agoi waster r,', roc, •If .011 am I , •c•, _. ,.u,. , I,. m!v�. , tit; ii. - .chr t„ t, „ ;, IP! n. lid .;pelt
<br />Wirt ur,ard ut.te •lctt 1 r. v "Now •r ,;t icf,,I 1 ,111 ur I,, t ru, ,_. , ,I.=rtt o� ., .:,i .;W
<br />lass ;rnd .,a +c o, .._h i -m ,r h., .i ,!; ,it! ; "i,
<br />:?I "tap i„ :ape hull trod , =.iu
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