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I <br />C , <br /> <br />_" <br />f32~ a~1'733 <br />~~tORT0A0E A~3t)ENDUM FOR <br />REPAYMENTn,F SECTION 235 ASSISTANCE <br />Tt~e rights and obligations of the Iiarties m the attached Mortgage <br />are expressly made subject ~ this Addendum. If there is any cz~nflict~ <br />betwew~ the provisions of this Iddendun ani;the patavisons of the <br />Mortgage, the prtwisinns of` this Pddes~dunt shall oontzal. <br />1. 'IYse debt ~~-,••~ ry this instxtm~st shall include not oniy the <br />Note recited above but also any assistance paid by the Secretary <br />in ~~~aruae with., Section 235 of the National ~bo+ising %~•-t on <br />behalf of any party ~ the Mortgage: _ {includi.ng any party who <br />takes tit3.e to the,gmpes~y subject to::the said '•lortgage or <br />assL-nes said i~rtgage .. ) id~tified as FAA Case vo. 521-439634-266 <br />{ Ins~rej "4ortgage= ) -' <br />2. the debt wilt be due and payabie when the first of the foilawing <br />occZSrs <br />{a) Title to the PmpPSty is ooaiveyed bn a party who is not <br />eligible for'Secti~s 235>rartgage assistance payments, oz <br />{C) 7.~1e pLOpert]r oOVlsLed:..by the' Tn~n~rpid MOr~.tgage : is .rented <br />_ for a period lcsnger hen ~ year:. <br />3. ZI the Tnw~-wi Mortgage 18: not paid i.n full Z.~lESI payment <br />is due usxler paragraph 2~ t2ie Seczptasy ;nay defer payment until <br />the Insured Mort9a9e is paid in full. Zf payment is deferred, <br />the debt will bear interest at the rats of Fifteen &:one-ha'~Eroent <br />per year fma the data. the debt is due under parag'~agh 2 until the <br />fill aaount of the debt aad isite_-+est is paiB. <br />~ witness 4t~e=acf, eorxwer has P~^tted this Addendtmt to the <br />Insured_Nortgage. / <br />~~• PRESTON 5. ~EIGESSER <br />a.._~, 30. 1981 <br />/f, <br />Y~~n rya ;; ~~ L% ~_L_1[.Ytt.~~^ ,2df.~a% <br />n~orroaer~ YICTDRIA A. IiESSE~SER <br /> ~' <br />l....... <br />