|
FM
<br />♦ pi I t me nth pl s� t it, du' `ate the nr ua _ z taco�i, k e . ; , : Q �- o prat a yaw" t ae:
<br />�',�„ "4 14�atiIll funds io p such preniatn i ific sec c{ ry M Housing, r "'T.r s .htry Des milers puvuant to tile
<br />.. 'rational Housing Alt, as amended riJ ,.pplicanie Reguldtwvi ti,et ue: et: ,r
<br />(ill It anti so long as said note v even ,late im,, his m-,lTuiTient are bew <iy the Secretary of Housing and
<br />Urban Dcvelopmeitt, a munthiy- charge sw lieu rata art rrig-aee insurance Which shall be in an
<br />amount couai r,, one -ti lfth (1r1 2,i of rxtc tat ti ,] t k c£ini,m sal the yrrage cuuT5 iodine hatancc
<br />dire or the note omiu tstedvw.-ttitcat akmg into ac corn, etut�ite r es o -, prepayments;
<br />(b) A sum equal to the ground rents, if any, next due. Plus the n.ettstums that will next become due and payable on
<br />Policies of fire and other hazard insurance c(wering, the mlortga grit I* ;ter y fsus Tai es dad assessments ::ex# due
<br />on the mortgaged property 1211 as is €inramed ut *e *zrtgagcc t iesss ail sums already milt ti eic %)r divided tt:ar the
<br />number of months to elapse before one mouth pilot to the da ?e uh£tt sttclt:.¢rcartdceot's_ ztrersttu., n tarts and
<br />assessments .5411 b"Oule tfehilquent, such sums to be bi�ld by Mortg3 r trust :rE, �} mid gr.'und tents. f re
<br />e
<br />mitnm. taxes and serial assessments: and
<br />t (c) Ali pay nients nientioned in the two prec:;tiing subsections of :ills fsaragraph and all payinents to be mate uni1e.,
<br />the note secured hereby shall be added iowiher, and the aggiegair arrvount thereof shall he paid Ly t e Mortgavr
<br />each month to 2 single pay4netkt to be applied by:tl'e M( gwe rst the fumming itzois ill the alder set forth:
<br />it) premium char un Per t` _ .untraci of ia. a a.—C_ ss sera ,it Sec:1:srs r F:: =trs nc and Urban lklmlo"'urnt_
<br />t
<br />- r]r_moPYtilir cfTar= r -fP'i t"ff i7;gr grF -wro+m-e- 4-rci he '7 -c, v
<br />;Ilk ground rents, taxes- ,j sesSrietit5. ,lfe axi.i .qIiC' -
<br />011) intesesr on the Tv ]t, 3ccarcd h;i7el? > .at?i£
<br />(ip') amortia.zuor 46 tote Principal of -sai:, rawu .
<br />any deficiency n: the ant, =ua:t „ >t al -k
<br />sut:,- Ul,-wCg.a4r m m htv piny tmer-.? Shall, "riles .;tali -oumj tb #trs .-
<br />gager prier t. = tile dam, ca `i, ,lie nexi such a ,,.Tr.r c: „StiY a_, fi:: s. detain,, dIiukr thin"t-.t gatte: T%F
<br />Nl rigs a,ay l -Alec, a "ate clra � n at ; :. .=Ts # Y i t- each dtlbAr t'S. 3 . -f each Faw° n; r core
<br />than I l[I£en s 1 Iii ': 5 ir. arrears to re; the extra exFci,3e ,Y _'tl#Pxt it h irst7h , lelinCt �riL 2t'1tk t7tS.
<br />�*. That if the tot-at of the "pavveltY- made by th {, tdrirty v(iF. rTii{ises . of p rWupts :; pret'e'idtre ltat.l exrtwtt
<br />fire amount of payment: ax oast } "xade In the iiurtpa��e f:.r _r,eunri rent,. to ,•- axid a -�.t mast. rx iM.urtrcr a pm
<br />miurns_ a- the ii=r mar° trey. "�urh _stcs4. + rile i kr? eR :UM., , ;e.- Lh of tltc- %lrrgagcr, shat- be cricdited by
<br />the ilorigagee on sttl3 Dent pavmfnri- Io be Made bs the Njen a±a *r, or rvItiuridee rte rl" Wiri?agor l`. NlA, ,er_ the
<br />- tombs . payment: made by the Wwrgogor under ,; : 4 par a{�? ' pr t- slta)i nest he sniiicitnt tit pia ground
<br />rant. taxviz and aszes,,mc nt.,, or iri toranr<v premium . a, tht;. ••a — v,tt he ulteyn thta -ame -bail twco ter third and tea%-
<br />able then tttt+ Sloriga mr -hall gay n the ortgzgtw aw, zonotm, net'e - - -arx to m f- aEp the- defici €=nvi on u ,fare*
<br />the date when payment of : -ur ^h < =rrsuttd rent ta'<e . a , � >- mt est- cxt is urrstct (ir ✓stout- -ha”, i.e fur, if 3, itty
<br />time the Mor(aiwor -#tilt taendir to the 'ilcrrigagev. in asz-an int'u trig" he ar.,.t vnF of the au. #e -etwred hetrf,h'
<br />full payment of the entire irtdeLYeslne =s repm r -nu-d dtewbL. ae ={or may= -bail. in (.imputing the amount of -arch .
<br />indebtedness. credit to the accosnr : r die %Aiwtgagtir all pas ir&w., "a; _ , nje ,hF-. Fero, isions 4 : v ° of paragrivib " '
<br />hereof yydyicit the llnrega•ee has nor Is" owe le dieaied -ea pay :; the racy of Ilou -ing and l rban - f
<br />3�v c-i optnern
<br />and any halam* remaining in the,furl4l aetut-ialaied under✓ the Tvv -wane of - ; paragrap ti sset? tr e
<br />shall be a default under a"A of in(. proii -inn: of Ai, mortgage rr.=u t.ing in a public -ale of the pre i�4 - v etc gyred
<br />hereby, or if the Niorlgagee acquire - the pro�pcir � other is e after default, the Mori agee ;Ault apply'. at t t'iaw of
<br />the crnnrnenre'meut of wch priaceeding -, err at the ;list <> the pro". � i ojhaer� =e 3c", ired.:he balance hen main-
<br />i€t the fun ed trade- .ii i,. . Bpi. ,e,c= :Itx- znvTasl;;i } %ssi.: at i$tra
<br />u
<br />ttmaivirm unpaid raider saidrtotv acid ha i ,_:aipa, ty T v. _ _., pak-n--n_ ", h ;-a' ta%e Tries -a-d en -4c, ,:
<br />of paragrapfr ,
<br />shat the %iortg;::g +r x:il i ti -. u,. . 1a,w +r<.. , u rF ates, and ovtw
<br />cf urge:. one . of ?illpf itti P ' m -k.9
<br />paj the ame :andihat,*hc! tom ig;.gi ., r*...
<br />i yee Mongagor lw% pa, al, ,..a, . .,.' x p. ._. 4o .. e n.e.e t t, i. real ,.;ate and imr-o e_
<br />ment,. ;;rid v:tuch ma, h, lr ic<i u>n+n ;hi - ,, t c . t- c t a it l y ' 3; eit,, Fbt . ity a< th -e -.t_n. 4 at such i- not praninv-
<br />r eft h. tau- ;:nd »anli its the extern shah :54th ur.l eta :n. , ,.,i. l,z cr, e, itr us=_ u t x z <rsv tog m income t e- .:: :x s f ry- <i.
<br />irrP— edo nMk rtgagee."- anduiltfileztx.5,€tLis.,r+.Cpl h`.:m,it _,.::t-,a,_ =tct?tai:hnX?ri . g.:_t e: ta+'+ s,: ✓ii,.ri,,r,.ei =: "tPti+:i:tfire- -
<br />taking-'sif the rink a - .;,s .'r '{i. fr : „*avir,.?: -,,': c llti e., =..n} r,:_t.ta lli'1; :,h: at -f- -
<br />vie to #r,. -tar upon the iendcrirng of m cmuf; i.:r_e erx t}tt}i tm_ -.'= rt-np:€5 rent a ?iTC= Io .i -„Zrtr . -,: F _ -ach. Taxe . su,zh 5;::3: .
<br />the rtgltr to rii,e nirief, J, - .trwcr .Sk .,i =_" - he.aAEacr :- 1he nc ..ere., : 9k .3g
<br />debt If.uch a u h
<br />xe u'�'1 iii .... ti'.i ..: h2. "r:: .. .,:.nr::.ti:...- ..list w,d i,.....tti. ...iY
<br />:htrt•i<`. he l-:i i. ?c ,.t AIM k:FE" i.. .':S .. ... . , x:<,:- 4k �i�r, rr.. � ..?»e- � -
<br />ttcus t2l pi} or a : fi rot ah se`_ ti r a zh ;_ « r er.ae,
<br />- Ili a 1 t5e securefi Iter;st;=i - ,T, 3_- }t,3rl , ¢YF tee- L ,,.. s.. ^ 3- . "!.i -Lf :i -
<br />71ist it he; eh} t . 't,,.rt f. .ate - .n Sl. "t f) 7L,i ". a;U the erxt :fit ,.+
<br />xum; ;e.urey here } in eak i,f st Jef:.ulr in the x r..,r„ =rs ar .tic ,.nv
<br />n.ste,all.hi re :al'. relentre ti., _
<br />nett',. ,hall remain unpaid. n., .te ° Ti r..g;:gcr f,_, s.,..c n per it, a arty �.,r -geno, a 3_, J_ tre .s r z r_ :t , . =e
<br />- repamng st o Premise, and . r_ -m t. ,i; . .,m ... . ,a -
<br />Z,nne: ;ill cx ence, . f trap, rrq< :;a . .. -.
<br />same and cif zx.lieciing rr.n>,a," the'*c r „nt, rt---- , ti ..._: Ce ,ni.tE. D _ .? t _ .]rl cat .. „u :.;te n i,, _ -
<br />indebtednrss,
<br />k 3lt:tt rte'kill ! eep -thy :nips, ins ,;e; ?w s:. _ xt+iirr
<br />. -'s;L cd rem - tot r_ - -,., A Mc,-ip sr;�� .]�, r� -.. ��, # i .. ;,"`ic -- �i••sr ,,.��.:..;3�. ii:s :. tG iiJ -. :i :#, .r - ..
<br />. arrounts and for such tics -i"J, J4 may he required ti,J 31'tc. and �_ 'ia<n U-
<br />in- mrartce provision for ( vuliern of which hits. not been ?made hereilibef €:re A¢r ira,;ar a:r shal4 tl WTWd in
<br />proveed bw the ±,etc *rtgagee and the t xi yea anti r steu '.. the ;e -iL3 r ne We c �, tx ,,f, _.,=see ltd 3 ;, h,. .lured ...
<br />"Pit vat* claw;e< in. fa vor of arad in form .accet:tahle le -the. kt"lr agL e '.r. t ='till , -I tc+ , ;li -'t..4or i im? q Ci+ 3ita noq,:. ,t- -
<br />mail to the 4tcrrtgagee, who mat” make prcW .tt tsar, d riot rn;,de. plc i prk h sf t "tg.r,. r :, t; e-..n In -,ls'r _ :a .,.ra,r.h c:vrr-
<br />:ersied is beret v authtrized an3 diricl"ed 1" ultra, pw.sneru tc,r *tiers t, r,+ dire ,. . :l , i :gee ,,. .c::u :,. x `- 3..,g;, -,,=
<br />And the Mortgaiee j4i.ttn'.�snd the i_ tirsn:e p i' .,.r ,s disc, P.xrt thc!eof, al i pr -.._ ? h, .F. ri.,�.> _e a s i, r, wah r
<br />terdhe redttt;#a3tr of the itutetHednr,s hx et,y �£ utei, a €. h r i i , t c.r , e E tTZ- a J c � r t i- ':,,
<br />*urc of this mortgage or other ttr:it,l_ r ,f rive " !fie sic r s g a r Ofert?r" nk
<br />ail right iirte :ts et interest (the titcsrtt s sir iii era„ 1, "n s ie, ui ,: ;rc ir, scs tati,i ± -, ",'.i. _..a tt7e . aar,.t _, or
<br />% Th tt w, additional ,Erse ccrliiot,al 4r isrcfi f"T ,ht , t .,.r;.r k f ltW . ie uc .r:t+r.;i..,.,ct ,:.r. 11 r:::. ..a.
<br />Mortgage. the Mortgagpr heretsy atsu ;uc ts. -tnc ern: ,.: -.,... �.a c,er ;hc
<br />Mortgagor under any acrd ail =vet arnd irt,sC... v saiii pr .rat ,t,. !hC ag, _ "ilO ^c s e .a, tlJ . ;
<br />them ii_x paid indehtednes,, ie, +c el, hei„ie ., .at[x. :Bat,,,,., a tlst
<br />fear and iezoyer erne such p„yniveis ul>rev -€?ire mina , .�.,�r'c. hilt ,lx.... ve,
<br />antt hC,:(,MV eTnft asld mc,sd une5rt .T °Ic'a t? Ri'* a J:;tl e"
<br />
|