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I i ) month prior to its due date the annual mortgage insumanev premium in order to provide such holder -
<br />with funds to pay such premium tat the Secretary of Housing anti Urban ]Development pursuant tit the
<br />S6.103121 ���� 2 1 National Housing Art, as amended and applicable Regulations thereunder; m
<br />(11)� If and so long as said note of evert date and this instrument are held by the Secretary of Housing and -
<br />�} ecA Urban Development, a monthly charge tin loco f a inr rtgage insitiairce piemttrnt) which shall be in an
<br />Q �'t i aim =unit equal to uric- twelfth (ltl t cif ;m4 half (1 /2) per centurn it the a%erapt autstandin hsla. •e
<br />due on the note computed without taking into account delinquencies or prepayments
<br />(b) A slim equal to the ground rents, if any, next due. plus the premiums that will next become due and payable on
<br />noiicies of fire and other hazard insurance covering the mortgaged property, plus tastes and assessments next clue
<br />n the mortgaged property fall m sti"tatc. hr the origugcei less all sums already part] therefor divided by the
<br />number of months to elapse before one month prior to tire date wben such ground tents, prettriurns, taxes and
<br />assessments will i?eccmte delinquent. such sums te, he held by ,Mortgagee in trust try pay said pound resits pre-
<br />'Auums, taxes and spec-tal assessments, and
<br />(c) dl payments mentioned in the two preceding subsecticsns of this paragraph and all payments to be made under
<br />the note secured hereby shall be added together, and the aggregate amount thereof shall be paid by the Mortgagor
<br />each mouth in a single payment to he aiii-ed bey • the'htcrtgaeee to tire following items to the ruder set tenth:
<br />(1) Intuition charges under the contract of srstuan_e with the Secretary of flousing and Ulilan Development,
<br />or irtnttly - c - hatge/ tnlittxrie remitm,t, as file may b.m ,zirrrr ; -
<br />f 131 gr,amd rents, taxes, aaiessm nos, life and rOier hazard insurance "rent[Iorn,
<br />(111) interest kin the n €ate secured hereb . and
<br />f lti °I arnoTtizathin =tf the prink" of said nine.
<br />-ny deficiency in the amount of any >ucb, ;a4regaiatc monthiv pavement shall, unless made gixid by the Mart_
<br />gager prior to the due date cxf Eire next azicl pay rotrti.- ,,resolute an event or default under this me itgage The
<br />Mmigxgee may c iiecr a "late chAr� net ;o = xLe 3 3,,:_; cents (+y) fete ca0f dollar ]511 of each pav'rnrtr r -ore
<br />than tifteea ! 1 ; ,+ ;s s ire arrears I,s covet in handling dehnquelat paynWrtts
<br />;', That if the total of the payment- made bt the Mortgagor under =';t of parai ralth '.", precedine =hall exceed
<br />the. amount of payment- actualis made by the ►inrtgit_+rce for pound rcvu. -. sax*,!- and a< e- =mcret- or ore- uirimce pre-
<br />mium._ a- the cage crav be. =uch excess. if The loan i-s rureent, at the c,lxion of the ortgas;or- Shall tie credited ll-y
<br />the ihxtgiavw- on ub; etpiemt pay merrt- to li- mad- in- tiles Mortgagor. or refund -d to the t<imigagnr, If, howeter, the „
<br />momthl% payment- tonic by the ltixtgagsx tondo ? cd paragraph 2 preceding shall no t he sufficient to pay Rrcxitid
<br />rvnt, taxes and a,,� e-. :taemr- or in-iurmrr-r plc msi +-_ ate' rho: r =a. a may tin. whet( the -ame »hall -li .doe and p -
<br />"able then the Mortgagor shall pay to the iisrtgagre anti aatmrpt rtciw- In make left the dAtchtwcc. on or bef
<br />She date When payment of uc'h ground tent=. tale or ta aWavvee prtwmimmA, halt be due, If at am
<br />time the MongWr -hall tautdr r to the Nampa e_ is ux-o i m €e with the pro.i4ium4 of the mate afturrd hemb%.
<br />full payment of the entire imdtrbtedne >- conyl thvv*b4 k. site Vaztzagev, 4all. in com4putiiae the Ameant of ;-vCh
<br />iri4iebte$iie tis, -recut to the acrtrmt of tlhir #t?rtga cv All payv cam rrtaaic uri&r th- lirruvistim, sr# of PAVAgraph -'
<br />hereof witich the itortgagee ba- not hetvate obligued to par to the `+erretars of IlAmsiii: and (urban Dere•lopalleni
<br />and any balance remaining in the funds Ascounintaved an der the pro* Ji lit le, ob i ; if lraragsaph I (. it thtrv,
<br />Ball iii a default under any rrf the ptnki4aw -, of toil- 'morimaL,,; ir-,;ullimg in a public -use of dt- prVMt -+es C4*%1V-"4
<br />hemmbv, or if the xiurtgatt* r sequins the propetts othertsit a sifter defaurlt. the Mortgairp - Aralf amity_ at the eirme of
<br />the rtimatr c went of -Och prsttedine ss at ihr time tine pivjiwrty i -, crtlrere't =.t acrjurrv�d. the balance. then rt.-miain-
<br />ing in the. fuml Y a.- vitmul axed twdie r , ' t arf crarxgraph 2 wa e$tnE, as a creuli t Haiti. -t the amount of Wincipal then
<br />teat"OR unpaid. undue -aid note. and -hall prop*- 0% adjit =t amy pasmevt- which -hall hate boea tmedr *.der a:.i
<br />of paragraph
<br />s. That 'the `.4crtgagr >•.il. Ns glourra) recta -_ - -, tasr *, _r ,- ,tumor. *JWT fares. and other of mr:r
<br />thargrs. one,. m unptixnron.. for Aht}h pr N15ws ha, no here ,trite ttr:ttr�r'z t€. and in default thereof ]tie tiih ate alai
<br />pal flat >amt _ and that the 'kt�u ,siif ,: rst>iit€r_t;� c citttcr tbr, u�af ti- cesga.iaxerelcir tc, tltr ?Mtrrtg i+r
<br />T`Ihr Mortgagor %ail# p-.;} ,s'>2 hi%i. mat he irsied zq—,a the. Sfovilaa 's -i rwc..t in A sizf retr.. €st;H+c°:�i'r rt�rt- _
<br />mentw, and +hich inae he ieawd lfkf'i chi+ tTwfllt;sGa`, a r :ice &N '!Cure,* here timl .soar to the eareriw that :suh ir "pssce .-
<br />O f1% :A* And =m -'y to =Me e %rent tMo u h wi"_' mx t ttaioe till- t,an uSetriousi, tsetexdudmit arc awom a t;tx. N'tate tW Fedeerai,
<br />rmpxr.tdc =n ttortialre,arse!;%sill filetiie iifficiat :r.eip+f. tea *,.true sue• ^.p.iwriierrt'it iththt 5^ttti'tg ygrr 4'p>e >fl s. i..rlaiittn of this triii#tr - -
<br />- faking, or if Ifie Morigateaq -i. ire im'tired t^t .tic% :Asa rw* ,K Ifcrea;tt; a °ar >tt : €i=ts: t?;a}ittg tftc ralteitC s.+r .ui pt>r3rc rraa[ tier cats- -
<br />- %.,id to %r <, air opt *n the ,, *endtnng cif aus :excel iii: lee ptatltit,itrrsg ittr p;at urCni ;~y time !+4 =vtt;ti,,r ;;ir Any n-ti tsars. � ii - crt:it #a>`
<br />or dr.: rte pia,. idC.; :hat any af_ittuer s(, paid ht t?tr McruliaRgor ,h Alf he r; :rrti=tsed art the 'rrtrt> tixt t shaft aat
<br />the right it, grvr miner, da), icrnatn ib'*tter Te the- . *r:raer .9 the aiitatga d areim_ cesuuing the pa ;trier€, .'if the ;aaeirtgalge _ _ -
<br />ticht if >uch n nice he gia CA, the said ken hail tie,onee dour t} and F lrY' i+ It tt the tx, ertttetn a .air# m»ety da%,
<br />6_ T7tai'Jrcxitd he fault to ray am +rim ,u t%tewi urea ..,. :. ^�,> pidtiaird #e?_i in chi.- Otot4t&tgc- tarn tlar '+ttxrgagtt_ at its tap- -
<br />iron. , ^tap spa} ,•r purfc±rni the :,ne..a €ts3 a#"l rkl*crrdtturn ..* ;xiat^ic >,'3;tL8lte :¢cu:rtitt= the #'rrm,:rp:sri +it:^t �^ +trig ixr: the aAct,r:aat.. -
<br />.fiali tv .ecutcd he-chy ..tm-a •half beat enterf�, a! uac raft- .ct fxa tb €o aim Aura note uani paid
<br />Tlral he htrehx a�+ign,, transfer. ,etht Ci- o%et ut Inc t v1jtWCC, to be died tc +w;sfd the 44lrcw of the :tsiae ami ,.£r
<br />- - <tun_i.'C'ure'a hertb %: in rt+e.of » default( or the peff,"Maner. :a >f ant ref_ =..be trrrFt,_4rw .,,lvj a o. of far,. Munro :.=. aw the *:aw _ -
<br />Mae, all the rent,_ reaenuec and Tri =,ru u, be +.tricot frier° t;tr n<ut ipc ptcraisrs during uch time a, the akwittapr ivd d-
<br />- ne,.s 'huff rrn+ain unp atct: and the kfori e i iu has -r petwer 4penr or ageru> it to -X dr±trc for ill pure -_e =?f - - -
<br />tep-airtag tiaal prcmasec areal of rrntuip *'he vamtc and .vtteatinte stir -COT*, re %e€ tic, a,td mc-ne, aid it mss pit cW1 of «l An-
<br />comes all expen, es ..f repairing +ad rrvm,i et and nets ar'y ctiitrtnis kai.:and exvcv3c> inc -urred in mating: and a;sa:nst the -
<br />ia.me and , +f colleoing rental: therefrom: -tic halance reimaitt - of any._ it, be applied ttr ud the div.°iiarsge of surd. rrierrtfear C
<br />indet+trt#nC,.,
<br />4. That he will keep the slopes *ir•ntmis mall+ e- ie.tate .- _here.tft,rr rrec'ttii on the niiutgageti t,ropert :. :it.urccl ;a, na.ir itv
<br />- rcnuired front ione tit -fine b%' the Mortgager a'gatnxt lit+ hs ire uTrd c -Aker hat�aru. ,:a- rtaltir. gnat runtiatgerkW, =n Bach _
<br />: ±man;ntr any for suc h gern.tts._a• seas he rtt{tiarCas fly CPtr #.4e.+rtgr.grr sets ,+ ii pa; pr.impitf , ah,A :Due, :sit?. prcri um. :.s: ,r>~,.h -
<br />I iteaurarrce provrciort for pxa} meat 'ti uittch ha, not been mane herefmciefure Ail r iAnance, ,hail be >arrxd in r.tivatiames art -
<br />prtoed 4iy the McNtgtrger
<br />and the pri4iCIC4 And recta+ al. t3aerr0f �10411 be heir ftiv the Mortgagee And have itt na het( t)trreut ki
<br />Sayable ctauxs in favicer A oral in forts ati cptablr w The llt rtgAgre. in carol of ao origagor will mist immediate chiral if v
<br />.
<br />I I- lei s - 1A,xr—_ ss:ts. -. m:as ms_tie. arrca.t A _kns i{ luA inA d..nr= m,vtt• ha Alort i».� ..troll ,e.tch uuua utra r.krmr'etirit- -
<br />-- - - cernrtl i% eherehy aufboriptd and dirtcted ii: matte peal -tmeut fim such ivi t dnettby to the tiortgFeger to tead.of hs the M ethic And rho Mc r x yaiisitly . and rate in urxmee prtnetd4, rir " trtt:s iltetx+ari. iitay.' he:ippclirdby the %for tgagee at it+ anKfon either
<br />it, INC reduction of the nidrti#cafnr,% hereie %tswed yr itr the re- Aor,atam au rrpsir cell the property damaged In e s ctrl t l is rrikr.
<br />sure of fht, ita tgxrge of (tutee irAn.fer c.f -dire to the etuttgsigi:d prtiperry in tarttia i.limtnt i +f the eridchit tfiirr+ +ca uird hrreiw_
<br />All nj;ht� title and interest of The MutiIzAgtv in and it, any t€ratirxnrce pirttciCtcthen in force h tPt 1,a k tti the raztc ttmar i c,r gT alvt
<br />v That as adtht. -rW and oillatetal st tuir), Litt the paymcaf art the acid at= {um> t,. bex ,tae Jut .aniiet air.
<br />Aw ftjow the 4tint¢agttt hrfvhy aa,ign+i to the M,0fTgAgCr1 all fAcaht9_ rear - tine.'. Y}Ftot and herretus ;aw'.i.^ utnie U, the
<br />.'ti+ftt,gaprtir andirr' any vend all gilt and gtRa ]doses .art said prretnistt, mrfh -the riftlat' to rtaet, %C and treegpu fair the .atpe ariw at,cl%
<br />item ir;,a.d mjehfrinks , ; , itii twf, =4v „aa Ale, 404alt in the s tn' ns alia s ar irtr. ge_ a�i the 56a;ag'agr claw is m �mr3. «xu.
<br />f, s xrnt rr sr; an, 'U'f, poi turon, rsbCAJoe xuf N%Ab4c, but - shall taut tv re4vtrc --+ to .,v, `Shi �t p iirnxr >s r,fi tit r titua
<br />and twat >nit 'fill t -.n;i �c't4 tftt +flk ?ttit2itf.
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