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<br />(1 1 month pour to its slur d,Ie file uncial mortgage insul.uluO 11101111111 71 nl cider to pr,etde such hoidt'!
<br />wulh binds to pay such prcimum III tilt, Se,wlaly Ili linuxinit and I :the n i vvcl„pnn•n! pulmr)IIt t., thk,
<br />�+ National Housing Act, as antendcd, and applic;ihle Itegul itiuns thereunder: or
<br />(11) If avid so ling as said note of even date and this Instillment ale held by the Sccletary of liousmg and
<br />Q 1!Iban Development, a nuurthly charge tin Will .,/ a nwrte;agr I rtsurartre prelmumi whIL11 shall he III an
<br />Q amount- equal to one- lwellth ( 11_1 of ,nit, -half 11/2) per cenuun of the average outstandin4 bakincc
<br />due on the note computed without taking Into account delinquencies or prepayments:
<br />Ib) A surn equal to the ground rents. it am , neat due. plus the prenuunis that will neat become. due ; :lilt pay able .,it
<br />�A polfeics of fire and other hazard insurance covering the mortgaged property, plus t.rxes and assesslilvillS IICXI dui
<br />00 on the mortgaged property iaU as estimated hiv the Mograged less all stuns already paid iherclor divided by the
<br />number of months to elapse before one month pour to the date when such ground rents. pier uum,l. tase.s and
<br />assessments will become delinquent. such sums to he lick, by Mortgagee In must lit pay will uonund tent,. tied•
<br />miuuis, taxes and special assessments: and
<br />(c) All payments mentioned in the two preceding subse•_t;ons Ill this ptuapraph and all payments in he made ml&;
<br />the note secured hereby shall !,c added uoecthel. ,Intl the aggregate .1111" nn Ilicle"! shall he pall t)t the M,utcal!oI
<br />each nxmth in a ;tngle paynrt,nt In he applied b) the Mortgagee In Ili fnllounii-I I!en1S u; the ,Id:•t set f..nh
<br />(1) ;'1 eVIilull charges under the ,ruLlrac1 .If IIIstIr tI :C %vIIII Ills Serretan ,I II, Ill strt L, :r.,l 1 `I 6l I lkeeinn :nor t.
<br />•n monthly charge (ill heu •,g nll,rtg• zc irtsurilM I t)r°wiurnl..I� IIIe ,.i c m it, t,:
<br />{111 ground tents.IaseN, assessnn•Ir1s. 1110 ;I I1 t,tllrl h,041d msuran,r mien +Inns:
<br />IIII) Interest i,it the note Nc,,med herehik i mid
<br />(IV) anioruzatlun rn the i,un,apal ,d said ,lute.
<br />.Any detictency to the amount .d any suet: iggleple nnnuthly i.ayru :nr ',hall. ult!cs: malt e,nni t,} the Mo:t,
<br />gagor prior ! . • the due date of the nest such j>ay!Itt1W. k . liSnunr at: ; s e n t t . 'Maull undel Iios nn•lt�a ih:
<br />Mortgagee may : :nlle:r a ••late jlh lrve nil ..1 I ;t-llls 14v I I'll d "ll:ft i � i 1 .•I c•a%I; 1 ..%• ?..It ;.. :rte
<br />Ilan fifteen ( i �, 1 .1: s w anf:os to CUVer tic exuS cspense utvnlved rn uandlm_, uchnyurmr j>aylnv;lts.
<br />That if the• total if the payment- made• fill the Morilgailm under I' of paragraph 2 precedinL' -hall 4.�teeei
<br />the amount of payment- actually made by the Nlortea,_wu for _,-round rent -. late- and a - -4.- _menu- it in- uranro pre -
<br />mium-. a- the ca -e ma% fir•. -ue'h cxce,%. It the loam 115 current, at lilt option of the to ortgagor. -.hail! be Credited l%
<br />the• 1lurtgaiee on - ub- equont payment- tr fie made by the Wortgat<or. or refunded to rho M ortg:teor if. hoc%uter. the
<br />••ronthly pacment- Milk ht tilt 1lurtgagor under ; of paragraph ' preccdng shall nit le• �ufficftnt fee liar ground
<br />rent, tarte< and a - -e. -menu- or in -manve premium -•.:t- the ra -4. nae ire• %vhen the -,m4. -hall beenme due and pay
<br />abie• then the lhertgagor -hall pay fo fill- tlurfgaeec .tot amount mere- -art to ITIAl. up I114. deficiene %. on or heforo•
<br />the dace when payment of -ueh .ground rent -. lalko -. a - -t- -moot- or in- urance premium- -hall he duo It :u airy
<br />time• the Miorigagor -hall tender to the Mom-milee, in at curdante• 1% lift the prod- ion - of 1114. note - 4.ruri•d hereht.
<br />full pavme•nt of the entire indeirte•dnt• -- repro -mvil ffier•h>,. the tturtgagee -hall. nl roniputtn_,, the amount of -rnrh
<br />mdelitedntsti, cre•iit loo the ,Ietount ,.f tilt Mortgagor •ill pail -tile IIt ,made tinkle 111c IQOtltirottb ii: r of par.rgr.If* '
<br />hereof tshith the Mtorteage4. ha- nut heroine olohemed it) p;rt to !f%4. -vurclart of till -in and I rhan lltrtlt lttntrot
<br />and :toy halanco- remaining; rt rho fund - m cunndated umfor lilt- pr-%i -ion- of t! : L± ,:at- :irrapfi _° hereof. If tier, -
<br />-11311 he a default under am of rite pant -ion- of lift- nm,ri ,a r re- ulring in :e publit -ale- ref the premi -4.- ro%4.rvd
<br />h4.teht. or if the 11or'•cag4.4. arqutre•- tilt- prtip4.rtt •aihrr%tI -r .ifte•r default. Ih4. 1U.rt_a_•.•t -hall aplrly. ;it tilt• lino•'d
<br />lhe, 4 ommene e•ttre•nt of -ugh prureedintt' ut it 1114• rum• illy iuopi rlt I- ,.the r,tt -r st f4. f,n•tf. dte IiAmit l• the!f
<br />n, in Ile• fund - arrunuilau•d under of p:it;tgraph 2 prt•t e•dmg .: I r,•dil aealm -1 ;llv :irnoteni of prim ipai %het,
<br />:emuinine unpaid under -aid nute..ind AtAl pimped% .ttilu -t uI% fr.:tnu•nl- ,% 1114 it -had+ hj%v hr•en malt• ,,g!dvl
<br />lei paragraph
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