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-- - --- <br /> <br />` MORTGA&F ADDENDUM I'OR ` .... (, (~ ~ 3 ~ 9 <br />• REPAYMENT OF`SECTION 235 ASSTSTANCE HZ <br />r The rights and obligations of the parties to ttr_ attached Mortgage _ <br />are e~ressly Wade subject to tlis Addendum. If there is any conflict. <br />tsetweCn the provisions of this Adde~un and :Yie pmvisons-of the <br />Mortgage, the provisions of this addendum shall control. <br />1. TYroe debt secured by ttis iastnat shall:.. include not only the <br />Note recited above but alsa'any assistance paidby the'Secretary <br />in acoortianoe with Sw'ction:235 of the National-HOu~sinq;Act on <br />behalf of any party'to the=Mortgage_ _ (incl~inq any party wfio <br />takes title m the property subject to the sai,d'Mortgage or <br />assumes said Mortgage... } identified as FHp-,Case No. 321-083627-266 <br />(Insured Mortgage-. •..}. <br />2. 'IIZe debt will be due-and payable when the.:.first°af the-following <br />occurs: <br />(a) Title to the Property is a~nveyed to a party who is zit <br />eligible for 5ecticui 235 mortgage assistance payments, or- <br />fb- - . -as4.mt <br />(c) 'me propeiy aoveDed by the Instiued Mortgage is rented <br />for a period'.longer than one: year: <br />3. Zf th! Tna„rAd Mortgage _ i8 [1Ot paid 7S1 full when payment <br />is due under paragraph 2, the Secz~ataiy ~Y defer payment until <br />the Iltsured ~ort9a9e is paid in full. If payment is g~~,~7 , <br />the debt will bear interest at the rate of Fift~~n and onerpent <br />P~ Ydr fmm the date the debt is due wider pa=agraph 2 until the <br />full meant of the debt and interest is paid. <br />In witness whereof. Borrower has executed this Add~dum t,o the <br />Insured~Mortgage, <br />Bozzvwar <br />