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<br />fit }month prior to its due date erne anmra3 rnnrtgsge iusuranee p+remiuan inrrrdcr to providz: such Molder
<br />with funds to pay such premium fo }te Secretary of Housingand tirl»n Lkvelrrptnent pur.trant to the
<br />Natlanal l~~ptsing Ari, as amended, and applica@1e Regulatihns thereunder: ur
<br />(111 [t and sn lor(q as said ngie of even date and *.his instrument ore held by tlta Secretary of Huusingand
<br />1Jrhan Dcvetogtactrt, a ertonthiy ehar~ f i`n lFcm of u nttsiyage inturarrrc ~retrriurrJ which shal3 be in an
<br />amount equal to one-twrelPth fdli~) o!~ ima-half (1l?) percentum ai~the a~~eruge autstanding balance
<br />due un tMe orate computed without taking into acci1unt deliriyueneies of F~repaymerts;
<br />fb) A'saem eoual to dte gsz+titid rents, tf arty, next etue, pltrs the premfums tlianvill next become due and savable .fir
<br />~+06~ res oPfttc and othei lrazazd insurance covering the rncrrtgs~ied rropesty; pit~c fazes and assessrnenis next due
<br />pn rhe-nrorYSaged pro{.u:rty (teat as cstr+rtateei .hv the ,Llnrts,a~et;r ?ess ali sums already paid therefor divided My the
<br />:number •~I monthsta elapse beYoreune naonih prior tr7 the date when sts.h ground. tents: prernlutns, taae5and
<br />asseUi~rens wilt become delinquent, sash >vms to bc- lxeld by ~iisrtgagee in trust to pay said Rrou,nd rents; pie
<br />miums_ ta+tes and specia9 assessments; and
<br />- (.} ~It. F'a menu rnenti~txed in the two rracedine subseetlant of this patagraplt and a1i payments to be made under
<br />the note ~cyred hereby slszdi ~ added together: and the aggregate atnounr dureuf sha?I Me. parr] by the lvlortgagor
<br />each nir~ntn in a sttxsle payment to be applied by the Mart~agee tip rhe f<iltowir,e items in.the order set forth
<br />~)' air,niueta charges under the eamra~~t of ituurance witk thaSe ~et~ty erf tlousfngand UrEzan Uet~elapmcnt;
<br />..~ anent,7}"charsefrn?iri+t~frrr<>rr~~x~;rtssirdrpca,nrenultrrrJ.ts~3i~ eau may bv;
<br />t1[r r•~-r-rd,:r cs. tomes, ass~menis, fire acrd .~t6sr hazanl tnstirranre nrezniutns~
<br />_ tItf ~;;:r°.r -_?;renotese:uradh~sebv-..arid
<br />i=~.'? tvr. •,rrcn ~t the pnnciaaf of satdnnic.
<br />:stn f ac•~._ti to iheamount c>f any Such a~~'ex;ate is r t.ty l.atment shall: unless made gotxi by the t~lort-
<br />€v_=t . ~r.~rr io .h: <.nt~°3~te of the~nesa suchpaytr2ent: aa,rctitzrrean event eel' default irniht ttiistn~rtgace. The;
<br />~lnr ~.tc< .~~. coiiect-a"late cl.arttc`" notir3 ax..<.ed'i+tir k~.t~, (er! acre cacti duHar (S91rsf each livymenti?xxe
<br />.i.ar , teen I 1 ^ 1 d.:ps in. srreaxs ter csraer the extra exgettce a±vcrivsAd iuhanclir`nu delinquent payments.
<br />YSrat r f die u=isf of that prtvmenc~ nzad« by the ~kirtga~<rr uniiter ( C crf ptrrucraph;~l prnc~~dtn~'rhnll exceed
<br />'the amours ref patme~nt- »r cudlh~ madrbc the 4Trtrt~a~cefor ererund rent.:.: „.c~ ~ 1 ~~=N~~mentc orin>;urance pre-
<br />.. miumrr. tr; tht~ ~~~,t• m. ~ ~,~ . .such etit~5s, tl the ,,roan ra currcut, rtihe olatic~r ~_,i chc ltbtte.egur, chap lierredi[ed br
<br />tihn tfort~nrtr,r~ ~m -aiar.;n+•nt (rayme~tti- to b;~ madatMv the i9iiamtatgor. ci;~ i '_rndtsti to ±ht~ ltbrtgtgor. If. however, the
<br />munthE~ pa,t+ne•n~~ r?1ai<~ hr :be 4kxr -ac«r ,ender r ,;;,f p~ragtctpar _ ~_rccc I . ,4!tail n: t lse sufiicierarr« paF ground
<br />rcm6, taxes .rn~ s-~e<.-mc:u- ~~r Vn-ur.u~rrc~ pn'mltzmr .r th<• ; _~- ~ ei:n h~~ ti#ten he ~amet hallrbeeom~ tlrre and puy-
<br />abip,,t3ten rh ~ 1'.ccrt~+;r~ar -n;~,! pa4 r~r !h~> ~i r~: ~~:~_~ nnv timoirnt nr~c~--~r•, ter mnicc up ihe~de7iCiencc: un urbefure
<br />ithetixte wken ;rarmrtn .;f .rich ~n>uod rent- . i.c~r-.:, ~ ~--~re•u~ ,u vr-i,raacep;emiunt~:ishafl bddttc.. 1f:Y'Gatn
<br />time the Ikrn~ rl,ot i?..I! rriuier t,r ht~ ~I:rr ~ _ _ rn :,~ ~ ,rd-in,~• «<i;r tr~r ttru~i~'i+rn~ nf,fhe nott,.~r.rurC~d ha¢ebp"
<br />EtiPl pavment of rho r~ntu,• in~lrni.,,)nr-~ n•E,ir-rntod it«r.~tn, ~f~ • trnn_:a~tr' ;tier,]]: i^ ciamputmgflie atnounb nfeuch
<br />in<lefxrcinc.. ~rc.1i, t~= d;c rvcr~unt , r .. ~ t r r>,aF•,•. ., ,,: ~,~ r nr~ ~...,,,~ ~,m!erihr lrrori;iiirr. o{ ~~_ ~f p,vs~rn~>h
<br />herc~siFw$ich ?h~• 1ton~ r, ':• ha, ~ ~ <-„~, r ~z_~tr_-1 io h;n i , tr.• `~~cn~ren of 11ou-ing god t~rh:a: !). c~,c)tt[rrent
<br />:~rdarti bAle nro n•ni.r :.. r.r~ nr i'~„ rand- ouuan, e,r•rt ,n .r•r ,n tin ~, .:m- ,~i ... of pangrlpli..].? }r vrraf !( thert+
<br />hah'6r .c defuuL' umG ~ <ant t,f rkr ~ !~ru~t~, r. ti:r r[~i:; ~ ~,nun~ .r tsubUe ;;:tie of [he lrre•mi~r~ coven+:
<br />rt
<br />ht`tt+by. ur if ilrr- 4h,~ cr~a.t ~ > ,h~~ ?,n try rt~ ~ r, r~•~i-~• .:1:. d •i:rurr a ~.r;ro„~.Ct e• ~Ixal! aliply,; at tht~ lirn:~ ,r(
<br />~. thct'utuga.•n<<rrn r,l-a:hn,,,c,cr,r¢-.~r .. ~ -m, ,m l.n;p~r:c ~,:rr .~,.tusr€~d,..r}rr•lrulancettrwtt•rmu~n-
<br />in;'ri ih.~ iu rd- .,t c~~ .. ~,n,it-r .~I i v r ~pi~ ~,"i~ r ~ . - _ , ir. ~,,:rn-t the urvrntnt ui liruuiltat then
<br />rcyrx:unin~ unps.d untie r. n,,,c, ,rr:i -hrl i -~rl•~~rs~ r.lu -.~ .~ ~-,n ,r ,choir -.hail h:cve bee•tr made undr'r irl
<br />dal. lii3f ~_rd{rlt
<br />. 'h_,r i Ho r~,h. .. -.„rs . -. ..« ~. ,,,ic .,a,,, ..her _~_ :~eromenua or rrunicatu,l
<br />:'h.r ft~rr> np,r•~ncr .,,, ,rt r.~„ -._...~ ~.,,- _ rui4;cr r ~~ ui ia~, rn ru,r is Sti.rigagee may
<br />Ifc<.;.7. ,r~'.h:r[ih r~ ~~.., it f} r yip
<br />(`,- At t~ , ac ~,._ _, r.,:, ,. .__~ ,. :.1 ~ ,:ere , n,.iirnprive-
<br />- ., ..., t,. .t r,c c:.r~ ~ry,r r -..-~r~~ I:r ,._ i ~~n:_, c ~ i.. t, arena , ,. .~ts r~,,r probihit-
<br />,. - _,~,. , rn< , a .t !h.. ....~ ..., i .. ~. ~.r. _ , r r. , ~._. ~ r etc .rr F?zderal:.
<br />- cr~r.r e„„r, v3 i _.. .i ,'t.lc ?„r_~. _ .«~ i -e~i ,,. •_li ate, - nti~nt>ltirisunder-
<br />tel. ia:g :,, rr inc. lea rg;ce :_ . ~~h+c+r.c. ~ ~ rti a .. ~ ,. ... ~ ti.. iF ., c - i, ;-;ariiUnbf tPrt af~re-
<br />.. ray . .. ;'~< < ~ ~ n, ,,i r .r _ ~ ~ _ i - I•~ , fit: i : _ . , ch faxes. yr rf such i.,
<br />iz; , . rd. , . ha, -~ .,, .,a; ~i i,. e i~, ~',_ .. ~ ~:[_ , , r ,,,, ., rt. .:b~~~ ttie wlartgaMee shah kiace
<br />dx 4i,t .. me r.rnct: .. ,,,cr - ,.. .hr '. t_. Lu, ;.~~ u ~ . re~..r a~ ~. ~ a •r tent c7f the stortgage
<br />.,c t 1: .u: it r.,.r. he ar ~._.~~>....,.c,t,.. ., t~c .~_~., ,.,f '~•,c ,i'c-.,r .m:~a, ~h fir. ri ,ud nine ty duV°~.
<br />ih:.! tiro ,t,a nr !. a .. a-r 1r.,u • ~ „« p : _ ~~ t Si „r~~ ._~, `ter the kfuri~;rgea, at its Op-
<br />'k, . :., , p, ~ , : t. ; r. :~~ :.rc. rnu ..,? ~ ap ,.. t,,, c.. ~ ..~x .. a .ar;::~ ' c ynr,"~,. soli: uix~in¢ ,an il:he abrac~c stale.'
<br />-h tic,. er: tm•~he ,i.r-.;-``:,.l be~..u:. [:~ ... ~. .-: r, ~_,. ..-. r ana.,.-
<br />That M~ . art , , r, ~r,. t-..^ ... ., ._ iu ~ r:I aic 1:,-.ymen3 L,f i;re ,r its ;mJ ai
<br />t
<br />,1r„ .c a,rcd °rr'+a t:~ ,.,.. ,.,,, ', r t. ; ~n, x_ ., .: is ~. , r , , U c.•adairrn ~+f thin boot"!gage or the aaid
<br />_.ou ..'tn<.~ r: -., cs~. a inc, ~ . ,.,.... h_ c:. a ..;i,-~ _i,,.,. ne ncrri.~._•cindcbted-
<br />r,,, ti;r ri~; t,n,>..iu. u~thc ~ .~..~ :r .. ,r_• ~ ...r r ci, r.r,~drsr,c; 'tree trposn.az4
<br />• rcl .,. . ri,,dtri ,rt,t, _r r .rf r_r,+.t~~ rc ~rn:c .. ~ .,..c ~ rl ate ~, . ,~ c c.rn, r,~. ~.nd u r _. ~ .., 1 ,:iri in-
<br />.~ r~ ev-;rn c ,. r~rr .1 7 _ n.at ~, :i ,r... ~ r .u-r: ,., . ~~~~ ~nsc~ ~.n.a ~t..~ ! i .r ,l r. a.:riit7g Ch'
<br />r.nv u. . c. -.rug ~e r: - .c.. f ~_ tie . _ . ~_ _. .,r F fi_ :. ,u _„ ~ .ri ~, _. ., ,, ..c ~'t _ ;r ~. ~~( ., ~ .u,~tA, ::i.Ke..
<br />lh, Sc li mac- c nr--.r trey r ~.,c. ~., ca ,~ „i ~ ..
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<br />r<y i r,u rc.:u r~ -i_ r O t r ;he t~ v,._ .~ m: 1: - 'arc ,m_~ _ Jr , ._ ,rte=n;: _ i .e1:Cik
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