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r-- <br />_ '~.. `,~ MDRTGAGE ADDENDUM' f0R <br />.REPAYMENT Of SECTiDN c35 ASSISTANCE' <br />g~e`rl~~~~~ ~w~ - <br />_ 7Troe rights and obligations of the parties to the attached Mortgage _ <br />are e~ressly ;n2de subject to this ~iendiu~. If there is any conflict <br />betwaers the pz~visions of 'his Acd' erd~sn and the provisons of the <br />Mortgage, tl~e provisions of this Pdc~ndum s.~all oontml. <br />1. ;he debt recure3 by this instz~IIT~ant <r„11 include not only t2:e <br />dote recitod sba~ve but also any assistance paid try tI'.e Secretary <br />in acroordaroe xi.th ~ecticn 235 cf the Nacianal Housing Act en <br />behalf of any party to the Mortgage_ __ (ircludirg any party wta <br />takes title m the pmoerty stihject to the said Ptortgage or <br />asstrnes sai3 Mortgage } i3entified as :~{A Case ^30. 3~-~18963>-266 <br />(Insured Mortgage- }• <br />2. the debt xi12 be due :and payable ~ ten tree first o£ the follcwirg <br />accirs <br />(a) Title tU t3',e Praprsty is: conveyed to a party ktn is not <br />eligible `o~x' Section 235 izaztga~e assistance r.a~z:Qnts, or <br />~ _ -aa'° <br />(c1 'Else ~perty mverad by the Frsured Mortgage is rented <br />for a period la¢sger t`sazs one year, <br />3. If the 7zsaured Mortgage _ is not :paid in f~.ill ~~ pay^~ent <br />is dve tasijez paragraFh 2, the' Secretary ~Y ~~ paytte^.t +.ntil <br />t'se Sssscrzed 'Mortgage is paid a.Z foil. If 1^+.aymrtst is ^eie~'red, <br />the debt trill bear interest at the-eta vfeifteen and nne tit <br />per Year lima the date '[2re' ~t is :;tse car paragr~h 2 ~.~~til t':e <br />full atocuzt of tfie c'~t`and interest is paid. <br />In xitrr.~s ~.tsexeof, Ha~rzu+es '.1dS exeatad this Adc'endu:.; to the <br />i r:s ursd : t~to r tgaye. <br />~rzLTaet ~ r nny L. K~nze. <br />ti <br />.. :.... _~.. Cam;. ~ r 'S" ~ '~.. ~L. ,n,.., ~, <br />BDrII7lars 5u tar '4. Frunze ~~- <br />I)ats August 1 h, 1562 <br />h~jot "~!~irty FAve (.35j Wolfe~`s SuQdsvision City of Grand Island <br />L181 ~. CDLIACY, :'3Q}7raSri~i. <br />i <br />i~ <br /> <br />~.~ <br />