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<br />82--~()Q$7s7
<br />(I) mtznth priocao itsdue. date theannualmortgage insurance premiumin urdertu provide such bolder
<br />with. funds ro gay such premium to the Secietaw of Housing and Urbah Development pnrsuant'to the
<br />~at.ona! Housing .4ct, as amended; and appiicat~leRegulations thereunder; or
<br />' (~ (311 if and se Ion; as aiu note eL even dat and th3sinstrurnent are held tzy the Secretary uP`}Iousingand
<br />} Urban Devetopmet,t, s monthly chat~e 'r:iieu oJ'a morrgagn i.asumnce premlumJ which sha33 be in an
<br />amount aitual tct enr-twelfth (I/121at one-hah {iJ3) per;'entamofihe aveYage outstandinghalance
<br />dua nn the note computed-without takSngintu"aecountdelinquerciesor peepayments:
<br />(h) A sum equal to ine ground rents; of any, Hex[ due.plus the premiums tita6wi11 next became due andpayabt~ air
<br />po[icics of rice and other hazard utsuranee ci7vering ihe~"mortgaged prcp~rv;plus taxes and assessments nextitue
<br />on the ;Mortgaged property %all as estixtztrtecf bb the Mortgagee/ less atl sums already paid theret°or divided by the
<br />number ni months to elapse ncforc one mantli prior to the date whet: such,gtuund rents, premiums, taxes-and
<br />assessments will become delirauznt; such sums to be held by Mortgagee m trust ro pay said grdund rents; pre-
<br />miums, taxes a}td spe:.ia3.assessments; and
<br />(~) Ail payments mentioned 3n the two preceding. subsections of ttus paragraph and all payments to be made auder
<br />the note >ecured hereby sha!; be added tagother, and the aggregate,antount thereat: shall be paid by the hlortese~~:
<br />rach month in a single paymcat to!be applied by the Dlerigagec to the~olkiwing items in theordar set iortl~:
<br />(i) pcemiurn char~swnder the cuntracLOf insuranertrtth tfwSecretary ufHuusing and '.:rnan D• t- , .i.c~r,t-
<br />or monthly cfiarge fire tieu'vf rrrartgage ixesuraxaee premium7; as' tha case may be; "'
<br />{ill .ground rents, taxes, assessments, lire and other hazard insii:ance piemiiims:
<br />(Ill j interest on the note secured hereby; and
<br />(1V) amonizatian of the prirtcipat u£satd rwte:
<br />Any deficienc}- in the,amaunt ui ar.y,such aggregate iriwithiv rtayment shalt. unless made good by i' ~ llrtrt
<br />gagor prior to the due'dsie i~f the next such: payment;constituiean event of default. under tltis'mor •aqe hhe
<br />Mortgagee may .ollect a ..late charge"' nci toexcced t~tur tents i~tYl f-,. each dollar [Sl l ct each pap ner.t ,~,m
<br />titan iilicen t 1 °; t dxt s an arrears za dxtvez the: extra expense mvolved'ia trundling dehnquant payments.
<br />", 'c'hat it the wtal oil the pavmenrmade by the tlort~oe under ,~-- u[ ~tara~raph '? preceding shall esc ced
<br />the amount t,f paymerit~ actual;i made b~~ ttsP 4lortea~ee for t't'nund rents t:+~e= acrd a.55essmeno^ vt in urance pre-
<br />mium~. atr; ttia r':r-e may br~..ueh execs,, rf the 1~?an is current. ar for opnun of the ~karegagor, sttsll he credited h~
<br />the t9ortga~ec nn -ub-eyuent pa~~ment~ ra tx~ mane t,y the ltort~a{Or. or refundedto the 1lnrtraeFlr lt, hot+c~ cr- the
<br />monthh payment- rmtde b. the 3lcxtga}ror cinder ; ; of liaragztph _'<}'rrccaui: shalt not be suffir,~°:nt u, nav ground
<br />want, caxe~ turd .G ~eSKment- ur insurance prr•mium.>.:a- nc~ca>.~, m:e~ bt . •therr fhe -ame'shalt become clue and puv-
<br />able, lht+n the 1ltrrtgt~or -hall pas to the ~Itsrt>;:~e.• am :rrm'runlnecr•--ary to ma~e• upthedeCicicncc, un ~?r iaefore
<br />the date when payment of ~ueh Ground mr.[~- t::,e~ .:c--r•„ment< or :nsuranc~pre•reium:- anal! be riot°_ If st ::nr
<br />time the lbrtgagvtr -hall tender to the Alott;;aXer, ua accurd:utcc• with the pruri~inu> oC the Dote .ecun~d herel,i~~,
<br />full payment of the emirc indebudno~~ repn•~entrd ihereb~, the ~lorteaaee -Hall, in t~omputin~= the ~amuunt of ~arh
<br />indebtedne~'r., ccvlit [n the ,accwnt of the. ~luctgaqur alt n.icrncnt. manic under the la+»:ions of ':,: of par,3l;r;rpii _'.
<br />herrof which Lhe Abrt,~:ytee ha, nut INrnm ~ obli•~ated to pat to tha• ~•crv•L:n of tlnu~ing:.not;rbzuz tk~cclot~ncnt
<br />and :urv iral ante remaining in thr fund> ac-cumulateai nnaier the ;ar:~t tai un~ :,I -- ~~' pat7%geaph 2$Creol. II th i're
<br />=hull he a default under and of thr pnrti-trn, +.f fh:~ monc•t~.• rr~uitin, w :~ puitlic -:rleo( the promi=c~ cuven•d
<br />hen•Ds, ar if the 1k~npu~ee acywm- thr proprn~ otherHi-~~ alirr c!efuuli, the ~ktri~a„ceShall appl+ ,u nc~ tilt::. ~,f
<br />the rummrncememt u( ~ur~h pn,ec•cdir,-. or at 1ltr lamr the pro,:.-ny i- otitvrw:-.• at.qutrcd~, Chi buLu:ce then rwnanr
<br />anti in the funds at~cimulnted unJet ~ - ~~~( para);rrph = ttn•roJin~ .t- .~ t'm.i~t a~a:n• t t'ie atnuunt:~1 prnuip:rl ilnrn
<br />tmmainina; unpaid uudt~r .;,id nuu~. sand hall prnoerly sdju-t :u:t pat mr~nt- ~rh:rh =haUhxvebren made uudrr !.:~
<br />of ptira„rltph ?.
<br />-t. lbai Shc 's1.~rtuegot •h a! :+ar ~n~uad rrnt~. is to +. c *rtcn•+. wear ~~.u- :n., other,go~ ~nmcrial - - r.'ntiici t:ai
<br />.h:ugh.. hnc.. ttr tmpu.iu~ai+. for uhacii prrt:,i.rn ha, n„[ t+c n ;nau i ere;nisef ire- ,.n~ :tt Jetanlt lhera~t the 1! rtcagcb nr.+y
<br />p:!y [tll' ~;in1C. afld that lt)C \~<rrlK:f~;ttr till p(!+:~:~ tit d~~l`.Cr ItIC „thclat rl'iCtpl~ ititlelt~r 1~~ the lfurigtigCC'
<br />~ ~t lte \tongag.+r uiN p.p .dl ieac, whrh ci.,~ ix lcticJ u~an ;he tiloukugee ~ 'nicietii in said nl rtita!c anJ i n~~::.,ve..
<br />ment+. anal ti, hicp neat ~. he '.e tiler, u(,xan rhi~ nir:ngate ,a the debt .ecured perch. that onh b~ the c~frn t}'~: such n mn prohiim
<br />td hr law and onR to thc~ client that w:h Atli no; rna6c [htx I:r•m u~un,ua+. httt e+. toil: rg ant ina: tc t:: ~.. State ni ['c!lerr~i.
<br />- imruiseJ on 1~longagec..mu w ill nlc [he ,:huaf r -ccapa .ho>ti:ng .uch pa y matt w tit the `<tort}~.R"-c. i ~p n ~.:o:etioa ui Ihis unaer-
<br />takinq. yr i( Shc Mortgagor i, pttthihued h~ ., ;. I::u nt;,, ~,r hertatty e:i Jng!kum pnyinE: the uhitle nr r , nrxti...t f :hn:forc-
<br />-. staid rases., or ufxte thr re nderine nt :e rati court Jeeroc rrahinung the ;rti tnent by i he th~rtg got ur .tny u<h tate~. if ,ucli i:ra
<br />or decrcz pro: ides that ans amount ~~ paw ~} tfia A30: tgagor ehnU he --; e:iitcu ..n the m.+rt arc drt>t_ _ :e ,Sf orig. ~,..° Khali hate
<br />the right to qtr-e atna~ J:,v,' wrinan co~iic t,. the ouncr of the mutt.,,w ~ p;emi~c ~, cyuiring :he p~ \ticnt of thr n:n,igngc
<br />JcFt If such nu Ute t>F given. die .aid ~eD: shml' het. me tit ~ ,, yahic mJ ca!le. ti, ie nt the cspir;q ion ~:( said Hiner, c1a~ s.
<br />h. That ,huulti he (. rl ro pap an} ,um or kc ;r, c.: ~_n a..t p..n :CeJ tar i^ rots yon 4;,gc, men fbe 14ortgi;;er.:.. i.~ ,tp-
<br />lion, may pay ur pcsferm the ,:~r~t_ and a 1 e~p~~naituses s~• made :ha:! be added to the principal wn: >rk un the at~nce n.ac.
<br />- shalt tx se:urcd hcrebc, an.1 ~.ltalt Fx:ar intern iht ratcuc: forth .n the raid nut~.'~in;.' paid
<br />• 7h:,t he hc.eb} .~ signs_ transfer, and ;ets m'er to the Mvrteag_e_ to he t. t.Gru [+, v--rd the pt , r.~ent ~.:! ! ,i< tutu aJ'
<br />.ums .ecured hereby in -ate of :> riei::uit in [he Vim.::ornrn-e ~_: ant o° me ter:'ts anti utt.Jfiiva, nt uus tilurrt, 4c ur tnc .aiu
<br />note. a1I [he rents- rcteau's snd ir...>.ne io be deri.ed from [ne nr,~rtt,recd p: en.ac, dun r,~ ~ nth tune a~, [he r:urtr sge ir.debted-
<br />ne..- sit;ai rr!n;tin unpaid; and the 1lorte:u;ce shalt ha•.e , r:wcr to app int _ny ,- c :, or ag art. :~ r•:aa duiro fu: [t c rurpo.c ref
<br />~->'pat~ing s;tid ; rem4xs an.: c~ zrtuaq tha .anu a. A! ci~aeeting tCM1 .enc. rcrenues anJ ins ~m~. <:nd ~ nab p t ~zld itr
<br />atm_a al! c[,~en.es of r,;pauing wid pr~mi~es +nd nr~casarv nom m,seians and exprme; it warred :n nr rich any r imaging the
<br />,amc and of codtrcting rcn,af. therefrom. the ba~t..~ .emaSring_ it -~,.,_ .u ?x• applied cu~ard se rii_ iiar~c of su:d rnortg:.ge
<br />indcbtedneyi.
<br />R. 'trt:p fie uti! ke^, [he :mprucemrct, c_ t ~~i ;in}, t r hert5ilc cr~c red 'ix- :n„ t~ ;;ed pr_, perk tn.u-e~ .n n•t~ b
<br />rrgrured Ito ri ume rt time by th.: 'Aotigagec :, t.un~t los; he 'ire ,~nr; o.r.et ;.:ads, ~_ :, -..ue~ anJ ~ ~:wnht^e,i :r. w.: i~.
<br />annnnir aad icr, such xrr. k.~ as rna} '.e n•qu r z h: for ~ u _gzg~•c and a i;l p' ~ pr ,,;:ptl,:. uh,_r~ uu ~. zni ; r_nsit ': ~ - ~. ~.ch
<br />inst. r,.nct ;-r :s.. n fnr ,t=ment -4 hick h:.:, not lticu .n a.,ie haun~<: ur c. - t i i-.c r.~n e r.all tK .r-ir~ ir: ,-.,alt i,.
<br />- proved by the Attr.~,agtr and cot p. .~~tc -.r,d ranee;: , the at~f ..h;, rc~; i he ` u:4 t cc acct . ;, t .~. t.:,:'r. ~c Ihi~rr.. '. ,.
<br />pal eh!c Blau-c, in favor a and in ft ., ac.rpt«hle to tee r <. 1 ; oat ..~ '~tu t,.at• .. + }i alma ~au~ r~oii:*
<br />u:i rca :Se \t t sec- t i;o mat m n,. f o r rt h~.. eF a .tali n:, 't h3 'rt~~r+gdg--! .trd c..,.~t i ..,.r..:aa ~ -.i _a,ac1 ~ •r--
<br />er~tte sr rFu srtt.tor+ nidhe i~~ ri k 1 t.ner :~h t i c'::I [h 41:r~ -t.:;i _~t t .~,3r
<br />trot chi 1'[o.iE :r,cc j,r<nt:t. a,,, s : , t7 ,:=sr p ._r-i _ ar ter, fd. t •"P act _ ^e qtr ~, i ~'~t
<br />- .o ~nr ~cdsac UU . nt ?ac ir.,dzb:uLus. , ~ r_h. - w:r-, . tc t~k _. r, t.r .t .:'v ;~ _ .,-. r.. _,
<br />,t::tc• •:f .ho; n . l:.ref' ,k' i t} _ .1 ~,.t-Ic .f f!t!c I,' t,c ,.Ui!L r.ii I. s .r 7 ~.:, 4~i l ...~, .. Irv'. . . : la.!; C ~ ~ .
<br />:u: .•°~l_i_i, ter.- ..av^,. ~ Fst tfy, ,q °.n: ,. it t - ~ < <. ~, ~ ,~- .. -.. _.:'h., _ ~. -
<br />4 ~1 h; .tt..-. ., I ... ,,,a ._, rat S. t, .. ~c c..<, _ ,. ~ ~~~: .~ ... ~t"
<br />~,. ..i. S ,r ;,~. .. try . 1 ,_r.u }:, ... . ,. -„ ~ ~ ''rW
<br />- mud .».. 'htc`F.'r;~. ... ~., , ,~ ~ ~r~.. ,t. .. i ,r t„ ;Y,~ .tit a. ~.,- ~,.
<br />_ __., -:~, :-,:. ~,~ ~ ~. .,tY~ _ .._~,~
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