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(l ) mouth prix to its due date the annual m,r gage €trsuiance p ut tutu in onicr to provide such holder
<br />6 0 with funds to pay such premium to ahe Seocran of Housing, and 1= gran Deverornrient pursuant to Ow..
<br />National Housing Act- as amended. and appltcaol, Regulacxrna theteutrdN -; :r
<br />111.1 If and so long as said note of even date and this inst -ti meat are held by the Secretary of Housing and
<br />urban Nvelormen1, a monthly. charge v ie+ h a j a r a z z ut . ^c , c a-.-. ie h ti ;f;s !! b ,
<br />amount equal to one- tweirth (1, I 1 0l one-half lid') pet xntrntt I, the ai °erage outstandurg balance
<br />'. due on the note eimiputed without taking into account delinquencies of prepayments,
<br />(b) A sum equal to the ground rents, if any- next due, plus the premiums that -ill next became due and dyable out
<br />policies of fire and other hazard insurance cowering the mortgaged propc plus taxes and assessments next due
<br />on the mortgaged property fall as marnitted bt- .ire Matligagee! less all - already paid therefor divided by the
<br />number' of months to elapse ttefete. one month prior to the date when such ground tents, premiums taxes and
<br />assessments will become delinquent, such sums to be held by Mortgagee in trust to pay said ground rents, pre-
<br />miums. taxes and special assessments; and
<br />(c) All payments mentioned in the two preceding subsections coif this paragraph_ and all payments to be -made under
<br />the note secured hereby-shall be added icogether. and the aggregate amount thereof shall he paid by the Mortgagor
<br />each, month in a single 'payment to he applied by the Mortgage to dhe following ita:ms in the order set forth-
<br />( I) premium charges under the contract of insurance with the Secteta,ty of Housing aria Urban 17eeciupnxtx_
<br />nit monthly Charge F`in I ti:: rail:rrare inuIta- we;mtrnfz m i' ss The czise mac he_
<br />(Ill ground rents, taxes, asscssmerns, :ire and anther hal.wd insurance prcrsiums:
<br />(ill)- interest on the mote secured Ire ebt And -
<br />iIV) amortization of the riturcipal if said note.
<br />Any deficiency in the amount of an:` suLii :sMeptr mwrtthly payment shzV- url s mad ": gcrod ley the Mot.-
<br />gagor print to the due date of -the e nexi h aw a;a iMst.tute an event :rt deFa ilt ur,�Pr r� ra,xtgage::ih ^e
<br />Mortgagee may collect a "late chart: niet.to e cceej i- t cents 14itj VoT each •doi,ar (1l j u> cai-it payment nine
<br />hall fifteen (I>- ).days in'arrears i cs,'ucr:t9az extra ex {xnse tnyolved in handling delinquent pay- .�>ents, -
<br />3 77tat if the total of the payment- made In thew Mortgaeor under i 1, oil paragraph '' pr€?t- tiding. -hall exceed
<br />the amount of payments actually matte bx the Nksrtgaiecar for --rotund rent -, taxes and or insurance pre-
<br />miums. a the case Max be, such zrie -t�4, f the l on es cure rs, at. tltc cepritm of the. vkxtgagor- shall lee crc�dizrd Irk
<br />the Mortgagee on _ziubsequent pay'mewt to he made by the Mortgagor, or refunded to the Mortgagor If. however. the
<br />monthly payments made. by the Mortara ur under ':.' :cif pacai:i-apir ? preceding shzdl Fox be sufficient to pay ground - -
<br />' _ rent. tafie and a. se. rime nts or insurance prerniurva . a.- the case may be. when the .saes shall become due and pkv
<br />able, then the 'liprigagor -hall pay to thhr lfm1jLa, i -e ant c mourn neo c =man` to mai v tip the- dexfi6r -ro,y_ on or before
<br />the data, whim payment of -uch -around ry -mr ', tare -, a-me_ ments or rti- uranve premium- -hall -be due ff -at am
<br />time the Mortgagor shall tender to the Mortgagee arc-.tirdance° uitlr.the prayi- seen =of the note - ereuredhemby-
<br />full payment of the enfire indehtedtre reprai- «cued, thereby. the `.iortgazoe -hull:, to computing the amount- of such
<br />indebtedness,' credit to the accvusar yet' the Mortgxgot all t-Ul meow made under the Est.; inns 4 ,-z:= of paragraph
<br />hereof %hick the Mortgagees ha- not bncoaw obligated to pay s.o the ` vretary o III€: -ing aasf i tt+an N ye #upmC�rt
<br />and any` balance. remx ning. in the fim&,ac<cumulated under the pniyislon> of t', i of paragraph 2 her€tt.f_ If there
<br />;hall lie _a default rzntiec sett* of the prc+yr= pny' =rf tl;i- mortelge resulting in -a' fluidic :Sale -If the pmas:r�,� oro erod
<br />hereby, -or if the Mungagt(r argairc? the pirxttcriv othe rill +• after 3rfazult. the Aierrtg =hall apply! at thr time of
<br />the commencement of march proc tae}ding -. cu at the Ome the ptupe crt i,- enhemir t= '�ivquir = +ti, tfiv balance thus remain-
<br />ing in the, fund-{ accumulated underi' of li iraa:rzph `? pre a;cdina , a u: t :reedit agaan�i the amour€[ of prinvipal -than
<br />remaining unpaid. under -aid nohow- and Aall properh adjust axe paNvil ewe khi, h -lia11 li € of i;adc^ z..na t
<br />Of parA.rapb '_'_ -
<br />a. That the Morzgigot it l? ,as'sr+.rcirari tours, yes. wksr },nrent *. v,Uer rates. and cans' PSWC MMenTal JEWmuniCis:ai
<br />charges, tines, or inrp Isano s .t achic!: ,pray rsicen has rot i+ec n {t-sa le t ermnbeforr, znd it. siei ult t 7exe>,f lhr lax t� see ^ ._r.
<br />Pay the samc: and that the yforipltor uill pnmpalr deffeer the inb-i al r ecriplN thercfor ice the Mortgagee,
<br />?.
<br />The 'Merit as cot wig i*af oat %i *es,. f ich r,:t�t be ic%it i up"r, the 'torrgj ee . uoere: t in : isd real esLate and ie ;prv,e-
<br />menu- aitd which n i k'.iexs sot 1, t iic mon.pgo rn .. e JeN c a e,. `;ere{-,e thus onlll to the -, etew rhzsi ,: -ch is nisi nrohif-,i €-
<br />ed to, taw nerd onv, to the c"Ten{ ;_. •a c h v = 1 Ioi stn be thi> ;c an w s r>',".l : _ LMN - Itl'Orrr ,u . ia;c o� F cderaL
<br />imposed .an %hwi gte.:,na miff n,e +l e _:.at cccfp #raid Inc u,:b ::ze, t with cc L =gam?'- iiirortt4 this Under-
<br />- - taking_ of if the 4orTP, gs a xrtr t *s ..af t+o+ ,tn, ;a> a+ "T btf, .Jr ci Tc -fro at pal tn,c V,, c, h, ,.. a= arse ?r r, _• 'Lave . -rc�- .
<br />saidt3ye']_pr upon the rc7dcr+ =8g. +id,..z: =_t «? t <vtf`r.,3,.t - 9atr.rtx -athl . ± >+= ±s ,,s, ^::'a.;a�� ,ax-hrc�
<br />ordecrer ¢rravi:lc -s 71:a5 : +#r; .itni r, i : -a <? , Id+..���. -I :f,z^r wr. 1-c tedile . "n ._ „a .,. c acr7 €. ts3t. ft „a±,e;. h:,di _'t�r .c
<br />- the right t . g,te r3r€ c -a,t s - e ,i3e, , , Zr Fc - 1rg�9f.. -u � .vw , „ _- ae ±- �rs�r s ass tit s tc, le,' - -
<br />debt, if znsh ne!t fie r,i ..; _ "s2'i mill: _M i
<br />t, l'h:ai slra +nil he fit- ,. t,tf;t ,r? t#W a k, ct, tt..,v. t at, c, -
<br />titrn. rnav- , ru' pirfy ran'hc �. an i a -t c .: it:: +,t; r ;di h :uu_ ,, t+ ..,a; =a- sour c u a ,,, ., Me date_ -
<br />hails e secured stereos - ^sas,l ai ,f ht;. lftw_ - _ t the .,_ -_ -I . gth ni nic -gab a.: c _ °t, i P,iii
<br />_
<br />Th.,? he hele-N ,s+ *i{rrlt- tr.:n :ei .sits seta.,_„ ; -4ft. rg er re .., € =i it - - . ,r... s - .sane;. s -. - .,;-j'
<br />sums secured hers x an c'a r Of a o-zG ak+ En'fre
<br />note, Mi the re tans rcc.tucs:r±u- rcft ^ai ,a tCfl,cdo os'7 ass +_,e,.,�t ., ^. -i .. -_:-+ ..�,�_zf>J_ -e,-”
<br />nests hallreirtarnunpAw ,:;ndt7r Sicr,g:grc3t ,3tameV -, zr 4, "N—W! i.lE , s �•r�._
<br />...repairing Said grrini+P x11;l4,f --,, ..r .r: ;lr,: as. eta` . i:e. >tc:a: the ..•;_... ,: -a.a ,. _;! ; r:. s, ici : �: -,. _
<br />met ali ex[nces rf aetsrtrisi_ s tree ad °iz.. .. c 3 ^e uS -_ f he
<br />- tame and of �c;+l{eclmg._arr,wa 5hr.:Y.. tits - _ «,«;,. "ants_- if K,
<br />indebtedness
<br />8- =Thu he will keep the ittmro,4, Renr4 n.ay.-c °tit+, sz!g o, 'hi -'rite* crease, or ;#^c
<br />required from time it taare N, the ytiittgagce a£air:= sM hi +rr Jfle 11th-l' naY.at 1, ,;: ; -.a - ,tingn_.c
<br />,» a,anrc,AM! =1 ±'"*_ IN, - fCqt`?s -4A t�x rx."4t_ z. �,z -
<br />=+'t .�'.'_' >121 a ,= �-� �;y _ zi �: r 1=r -:!S.
<br />., -, h-At hp' .z.:.F - „ saes.' _,� x
<br />p gat3ee wn - - w e icrt: vs.< - ,3 r., t-..oi - F.; _,e $�. �-., i �. - :h,:
<br />ri�yrd t+ The Q shoo €=+ rsa.,t � .a.
<br />rai, able char c* in f:a�'t# of and To fe..,,fl tT ?'ie %"IgagcM t : e rl.i i,. ra =t -?t-F -,gsgr r a s,3 -A,. -
<br />mail eae the Mort ee, mho in,t tndke rr,- sf -.f i;M *i ft shat "MA tG t #.trs . h. 9a:r rt.a
<br />,:c #nil4t hrlet y aat:he raker': ass'";) aA..6 sT -v 't .fxV;e t:;�. ri, Ear:.
<br />and irk air r {fie xcr. rife .one rho u ".St i1 J nv , r i3 t- h-° .a P;1 f, +r r ,# op 1 1 ze ^t
<br />Tap t reduction 3#` rho* arNivi't. -do . her "ere cane) s tine , wtrx. ors *s < =r r t . , tr J t ., p -PC r J ia
<br />c ate ie# chi* .e s`ttta r ± nit Et: r, re + {e t >t ra. -, , i of r „tor ;
<br />aril rieihe. one erwi static «t 0 rota` `et nea #t;# ca l ,, w w zii ,r-wsoiree a":v,
<br />fl. Thato,jidxlrticevW tiol "f3atv _a'! e.er ua^ €a is;t the ry.,lic Fit +it #'iee rir Ttv uae-.ae€�si- .a 1,1,'1 „r,.. i, ..c, --_ sir: 1M.
<br />.l n,i}t W,, rho Mortgagor $ke rF:c oll,rn� lo th; Move ar'i "t , f 4,7,
<br />k4 atTp p r arukr
<br />111t,ir M -"v-
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