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l <br />`" ~2~u(}2700 `iQ°TGAGE AC,L?ENDi)M Ft?R <br />" REPAYMENT:pF SECTION 235 ASSISTRNCE <br />Tt~e rights and otaligations of the parties to the attached Mortgage..:. _ <br />are e~ressly made subject to this PddendL-n. If there ,is any cronflict <br />bctsa~+en the provisions of this r~:en:um and the provisors of the <br />Mortgage, Ghe pmvisicxts of this F~dandi.-n sha11 oontml. <br />1. 'IS~e debt secured by this instrument shall include not eniy tt:e <br />Note recited above but also any assistance pai3 rry the Secretary <br />in acroar''..anae With Secrsan 235 of t<'~e ?ational ~usir,g r,ct on <br />te_half of any party to `he '4ortgage {including ary ra-'-ty ;.tom <br />takes title to the pzope_-ty s,:bject to the said Mortgage or <br />asst.-yes said Mortgage ) identified as FHA Case *;o. 32i-oe9~a1-2o6 <br />Innuured ?~torr_gage )- <br />2. The debt will be d•Je and payable 'wit':AT the first of the followi:"g <br />occurs: <br />fa) Title to :he PropP.ity .is oon~•eyed to a ''dz"~5' t+T1D i.s not <br />eligible for Section 235 rortgage assistance payr.~nts, or <br />~ pmt. <br />tc) '~ P~tY mvered by the Insured ^"•artgage is rented <br />for a per~.od Iocxer thar. me year. <br />3. If the Insured Mortgage _ is :xst paid in full ~,f:en payment <br />is Sus tssder paragraph 2, the Secretary ;tiay defer payment aril <br />tt~ ~sure3 artgage is pai3 in full. If pay:tmt is ~~F ed, <br />the debt will bear interest at the rate of r^iftcen anal one- per~cert <br />?er year frva the date the debt is due under parar,raph 2 until t?~e <br />full aQOtrtt of the debt and interest is paid. <br />In witness ~d~erecf, Borxwer has exea:tad tn:~ Addrndtm to the <br />Insured Mortgage, <br />~: <br />t <br />-, ` ~~ ~ - <br />8orrr~r mxoavtgj.l. s <br />_ mate ~ y 1. 19t3z _ <br />I ,vi <br />-~~-~-~ ,-~>sti <br />so - .max ~ s -- <br /> <br /> <br /> <br />