Laserfiche WebLink
<br />___. <br />. .~.. -°..,- ~~,,,,,U 0 315 <br />MORTGAGE AODENO!!M FOR <br />REPAYMENT dF SErTION 235;ASSISTANCE <br />Ttk rights and obligations of the pazties to the attached Mortgage <br />are e~ressly made subject Go this Addendum. If there is'-'any conflict <br />between the provisions of this Addendum and-the provisoes-of the' <br />Mortgage, the provisions of this Pdde~dvan shall mntzol, <br />1. 2Yae debt secured by this instrument shall include not only the <br />Note recited above but also'any.assistanoe paici;by the secretazy <br />in accordance with section 235 of the ;Iational Fbusing Act on <br />behalf of any pat-t:> to the Mortgdge~ _ (including any party wha <br />takes title to the property subject to the said Mortgage or <br />assum°s said Mortgage. _. ) identified as FHA Case'NO; 321-089978-266. <br />(insured Mortgage- )- <br />2. The debt will be due and payable when the first of the following <br />~_ occurs: <br />(a) Title to the Property is conveyed to a party who'is not <br />eligible for Section 235 mortgage assistance payments, or <br />~eY~ti`s saer~ `-~ --- -z-' - <br />.,~,._ <br />,' --• (c1 'D~e pxtsperty ottvered by the 2v^ured 'lortgdge _ is rented <br />for a perm longer than one..year, <br />3. If the r.,4,,.xa Mortgage _ is not paid in full, when caya~nt; <br />is due un.isr paragraph 2,'the SeClitdLY i[tay defer payment t41t 11 <br />the Insured.. Mortgage is mid-in full. If payment is drred, <br />the debt will bear interest at the rate ofFifteen ana one-}F cent <br />P~ Y~ five the dates t'~e debt is due ulzder. paragraph 2 :ntil the <br />~-1 amccint of the debt and. i^~terest is paid, <br />In witness wherAOf, Borivwer tsas executed this At3dend.an to the <br />Insured_Mortgage, <br />,_ <br />- ~, <br />Al ~ ~ ~: ,~ ~ A.r <br />_ ~ ~'~ ~ ~ <br />( ~rrp~~~- ~ r ~ ~ , ~~ <br />July 28, 1982 / ,!%~ <br />Date {f i <br />,/ <br />Rte. <br />