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<br />(1) month prior to its due date the annual mortgage insurance premium in order to provide such holder
<br />with funds to pay such premium tv the Secretary of Housing and Urban Devebpmen[ pursuant to the
<br />National Housing Act, as amended. and applicable Regulations thereunder; or
<br />(17) If and so long tts said note of even date and this msumnent are held by the Secretary of Housing and
<br />Urban Development, x monthly charge /in lieu nJ a n+orrqu(;e insurance premium? which shall be in an
<br />amount cqua[ to one-twelfth (1/I _) of one-half (li') per ecotone of the average ontstandine balance
<br />- due on the note camputed without taking ono aecauni delinquendies ar prepayments:
<br />(b) A sum equal to the ground rents, if any, nest due, plus the premiums that will next become due and payable on
<br />policies of fire grid other hazard insurance coverine the mortgaged property, plus taxes and assessments next due
<br />nn the mnrtgagetl property /a!1 us estrnrarrx/ ht the= ,i(arrgagecl le>s all sums aiready paid therefor dit~ded by the
<br />number of months to rlrpst before one month poor to the date when su.h ground rents, premiums, saxes and
<br />assessments will become delinquent, such sums to be held by ~iongagee in trust ua pay wtd ground rents, pre-
<br />miums, taxes and special assessments: and
<br />ie) rVl paynaents menuonrd in the two preceding subsections of this paragraph and art payrzents to be made under
<br />lire note secured hereby shall he added together, and the aggregate amount tfrerevf shall he paid by the Mortgagor
<br />each month m a s:ogle paymznt tv he applied hv~ the Mortgagee ttr the i~allowing items m rite; order set forth_
<br />{';) arrmmm :barges under tht cotnract vi rnsrrance wirL the ~rretan• of Housine and Urban Development,
<br />err momhly charR_c itr, tic•tr nfnrn-ir.:ga insurance pretait,rn?. ar chr r;tsc rttay bc:
<br />(ft) gnawed rer,[s, taxes, assessments, tree and <rthrr laazani ]nsuraace pvcnaiums;
<br />Flu) mtcrest cm the note secured hrrrby::urd
<br />IIV) amontranun of the principal of satd note.
<br />Any deHeiency to star amount oaf .toy .wrh agg;c>;ate nranthly #aaynzrnt wall, unless made good by the Mnrt-
<br />pagvr prior *.u the oue data of the +aext such }=a~ mr:rt..anmtute art avrat at driauit under this mortgage. The
<br />Monttager gray aahrrt a "tart rhargr" not to rt=xv t.=cr :ants t»rF inr ractt dollar IS 11 of cash payment more
<br />than ;tfteen 1 ! > t etsx s tr~ ar.`iars to ;over the rxua ecrense htvult`td is Itandimg driwquetn pay°ments_
<br />fhat iF rhr total of the payment-made laa~ rhr vlrrrt;agor under +°_ ~ of paraPraph :' precrdin4 shall exceed
<br />rhr amount of paynrrtrrtt artuallt made t:v the \lurepaKrr for irnutnd rrnt~. taarr; and a-~e~::mestR-. nr insurance pre-
<br />mium=~. a~ the rater muv he, ~ urh rxcr.~, ,1 rhr Iwo r. correct. _tt ehc opttaur of the ~hxrgagor, .hall be credited bt•
<br />rhr \lortgar;re Fro ~ub~tryuevtt paymrnt~ t.. ter made bt tier \henxakar..,r rrfitnded to the Nortearor_ If. hots'ever, tht
<br />rneuuhly µu}~mcnt~ male by raa ~tartgagar uuacr ~ - ..i par,rerat?h ~ nrrcrdtne •h,ui not tx sufficient to pat ground
<br />rtmt. taw- and a..-r>..,mtmt- ,rr m~urwcr pn•mrum-- a~ rhr a:t`e nea\ ne. .then tht~ ~amr shall become dur anti pay-
<br />ablr, then rhr• 11nrtKneor -halt pay to the \inr•,;t~,•.• ant :,mount nert•~-art to make t:p tha• defiriuncy, un tie 6rfnna
<br />rhr dak• nhrn pavmrrti o{ -tort _neund rent-, tats-. .ee~e-<mrnt> or tmur,anrr pn•mium. -trait M• dur. If at nnp
<br />time rhr \htng..agnr ,trait tender t„ rhr \hartt,agre, to .,ranrdance with tirr• prod-ronF of rhr note yr•t•urtK1 hen•hy.
<br />Full payment art rhr rrnin• mdrbtrdnrt- mpm-anted [hen•ht, rhr lhani~xg•r -hul#. ua rumputing tht• umaum of such
<br />uxlebtedness. a retht eu tht .rcn<uu +,f rite \1a+r=$a>tcr -c='.t ;>,rctnc~tt. r:~.aie un.itr tttr ptavtsawt= of t.r, ad p<uagrt~h Z
<br />htYtvrf ahirh rhr thrrtt;ager her- tk.t 1nv~cnn• «,hEirau•d tae pea t~ the ~e-cr.•tart a.i Hutt>uap! .nd L-than Oeaek~nent
<br />and ana ba}anra- r.•mauuni; .n the tuna- ,eaiumutata-d ttndre rhr pn.tt-o,m arf rat para:;rtph . hertvef. ! there
<br />Khali ~ :: drfauit under ant a=f rhr prnsa~ron- :«t tttt~ mun~nt±.• r+•>uitin~ to a va'.rtir tah• u! rite premiss-- cntenal
<br />hereto. or if rhr \h.ngarot• .terror n•> stn` prupern +rtheru amt= .atu=r drtaul t. rhr AIoru;aKrr >hnll apph, at the time of
<br />rhr t°a>mmeact-mint <,t -ua{z pnrra•a-duae;-, ,.r nt t.`-te i.mr rhrrraeprn, a- .nhett:r-e .rrqutrrd, the Lalanrr theta remain-
<br />ing in rhr fund- {t-cumuiatrd nndtY ,:I ttar.r,tBapia _' ¢,n•ca~irnt'..:>- a arrdrt ~eia>t rhr smuwri of priucipaS {hen
<br />rrmatnina tutpatd antfcr -a;d aae.:zud meal? pn+p.•e#s sd;^>t stet pia ntrter- uLi eft -hall ba.r barn ntasie under ea:
<br />of parer-.tph __
<br />f~hat tttr Si.:ng,-«ra•r - - ...-.. :r,t, ..:tc,.:e~tr-=n,atr=-~ _+. r.atr~ .end .•thrt ~otrrnmentoi t,r tnunt.ipa!
<br />barge-.. tmr,_ .e rsa, a,utan, at ,t ht. t^ ; .. « .. r„ teat been ,zra,< h=.a,nba•t ore e*ad in alrtault that a'<..f the Dtangagre may
<br />pny ate ,nmr_.an.! trot t{se VarigaLa: a:R ~. cuepth ~ - r the „t?*.u.es re. r.pt, tee; rfor t.• rhr 9[vrtga~ca`
<br />- ; hr \lartgagar =+rl ;' .,_ tat., ., „tea ea,. at=e i:: rata: arorZ t :e ~fc=rt;:.rga• . uurtr~t r,z ,aztS teat errata-sad unPrrt a`.
<br />nranti. and u hich rtta hr ire zc'.t .3,=.=n t*tt4 <:;.=itr;.pac ,.r ahe ~rht ~z: creu ta=rrht that orar. tr, rhr ctteui that ,ttw h tt n.rt ptarhthu-
<br />ed l+t tau .end oniy t., the errant that ,,«,tr..rli nni :nn1,t+3Rt.:.~.>u u,uat.rca« but ft.t~d;-,& .~ixt mamie tea. ~Calr or ladrn3_
<br />impo>rd nn 4tangngrc- .end H .!t n{r ihr .•{n:.,ri a r, rrtrt ,ho:. tni ,,;. t! P,. tort«t u tth :tva tf.,r te.•g.:r pr,n t iotauon of Ihtt unurr.
<br />[rkln~.rat tt lhr titcHSF:,~.ti :, (`ra31alhr[rtl t`~ .sttt .sk ik«u =~1 t3eti.s7tr; i tr,tmt If„«A P.atrnyi Cne a hsr~r..€ .slit pllrikgt a+f lhr alorr-
<br />triJ l:lar`<. t'r ittat?R rhr rrndri fn}; a ,1'.it : ar.a! t urea e i {rt;rrrc'-=etzetg th. ;,,!.eta eat ht the \t=~ttgr}..rr as atzt curb Ya a....rr tf .nch lau
<br />cr dearer pow niet that any asurwu to p.+..i ht h~z \i«*rta.,i::.r .r:a<-:~ ;.a ~=aaa.-;a rhr :r,«rt8:.ga .:chi, rhr ~t errtgugtr shaft hate
<br />ihr rtgttt In cite nr nrty ,tag, xri7rn otter-r to the o>; art .~t tnr mr--ty;ay*es t=: rnxter,-;~cyent m~ tier f,rt tnent .*1 rhr tuoitR+R:r
<br />dtht If wt h riani:t ha ~ttrn. tiw ,ard debt t{tat3 hr; ooze-.Fur. p,ty al`k an.i torte. uhta ,,; tltr ett,tr;zn.+n a=f :,nd nirtei5 day t.
<br />h. That s{x~uld he fail to pay an3~ wm ar keep atn t~~nvrnar=t p:aa tried fear to the, ~t,,nkagr, thrtt rhr Ahangatre, at na op-
<br />twn, nray pay .x prrforan ttK .anre..aod all ettti~txiuurr..,r ora~ae ,haik'sx d,iacd t., rhr tx uze tpi< ,urr uu mK on rhr above ne,te.
<br />-h:.;t tee set uteri hereby , atttt shall t+rai tutrrrst at Fix rata ., t tot [h ra rhr ..rid tearer. untai prtd.
<br />~f ha! ht htieht :t,tgt:t, tran.trr. v .tt •rt..,ta•r €o :hc'tlertF..grv°. ;.• he ,tnpired t.•ward tht ,':+trornt.af the Hutt and :t}i
<br />twit. secured huet+t tst ,a.r : a drt-rote ua rhr t>rttar ot.tn,c <.t at.y t•4 the ter;;-t, and ;ondeton, a,l this Vtongrpr or rhr .aid
<br />note, aii tht trots. r<trnut. nn.l fniP:Yte to?x drt!t~ed from rhr r=tare tgrptay4 g+arrr.r,r~ dunntt ur is umr ,a. the naurigapr iztdtMed•
<br />~ri shall remain unf+aMl: and ihr ~lortg..gre >'-znti ha.r C >wc: ro ape,vnt .cot .:gem :,r dgrntt :t may a?rsnr far the pu[posr of
<br />rrpa;nrtg v-red crrnusr. ant: cxt rcmin~ :err mote : ltd r=:#rctu:i; the t>r;at._ actrvtr..:rtai maoaur, auJ a ntak t>;r) out of ±atd irt•
<br />Mme? aii txprnsrs of reparrartg +crtd ptcrrat.r, ,md sea<stw:: =e*rac*ta„~.,n. mra rtpttt,e> trsiunral m rrnung: nJ manat;mg ttra
<br />.amt. read aN .'.±tlrititt~ tearer, therefrom, tree hatatrce reau,uartt~. it any, t~« be eppLrd tv+a aid rhr drahar}r .af said mongattr
<br />trtritk+rcdntst.
<br />X. ':`twt ttr u~rti keep rhr rmproernrnt. .taro earurrg err ctraiter err. trv .ar, il;c rnvrsc:>t:rd prvprrt~. m>utrai :z> nzrt {tr
<br />rertutred irwn time ter tiara sty tits 's'levtg:tizae aga+nsi t. , h, rite .end auftrt h:r:red...:c,u:dnrs .:tad ..rntrugrrzaar+ zee ~uctt
<br />i.muttnt~ acrd fM each }Yrhht> d> t:zay Iti rrynne Ft isle \la+rt}tatgr:e doer tt:li p:re ~:a«taipt;t . ;then aiuc. =srtl- t,r+tt+i:Fr:e a=n tuCh
<br />~: ur.=~z Fr..-„rant .. r y-•a ~;-n - .,,... - ., , .~ ..;a;- I;r, c.nc~f.=rr =R:; • at x:,.. .;:r;t •,. .-.err: :. . _... .:zp
<br />i .• a h..'tE =.;c tu.t;er anti r!x pa,iz,,rr .=nu , ~ .. thy, e.'. :.-a. ..... ,.•t :h...t: .adz...:.n:z-{::tc :..-.,w eta ,
<br />Pstaltir cl,~uxa ua favor of anti i& form aurpiafife te~athr +th,rtk,tt,r t : una of l.ras Atw rgagw uilf gttr t i,<,z ~ ~ -, .a«uer ht
<br />maa ice t~ '_tscut.te. when ~} araak,E }.°aae,€ arf t.«, E n<rt mric putntPtty f=y 41un~ajtw, and aarh ur.ut.:aa.:r -rttpaat ca>rr-
<br />srrrx~d s htrrhy :ruthuritrd and dirntr;t to melee ;:.ry ueata{ E<3r .u:a ?:a.• aura?t to .hr \lort};ugrr oa~.tra.,i ail nr ti•~r Af.utg;tlevr
<br />.eta ifs tdattgagte ttNrHly, eta{ rhr rnsaran<r pnvecd,- r*r any part t{sttrof. ;uay .~ rPP~terai Pt the Morigaattrr r1 nt ofihrm enhrr
<br />n the tsti3tutsart cd t1.¢ ttWkhlttdree><', trErrha .~;tura: «u te. rhr rc=turtti.aa e.a trtr rx cat iM: i«eo;+er tt u,etnay~as Sea e+e+±t at fe>t.`clo-
<br />.utty# Fl1ta n,,at~2. ace t+[htr uNnafer dt iztlr se, tth ;«>cetF;r~cx# t,rz ,^ctt=. oa rtitnt',tr:tiunreu o`, t~K-:rtdc~rv rdnc,e,tcufeai itei ei"t_
<br />:~l reltht, titlC-a 91{13ntffC.i +?f Eltr \fc~f,~.i}~H' ±n :i~v6 t.` y`-3: nr,t1F,.+9ar ;?c•f-is teM tlic it to i,:riC +h:li? j`A x~ t=, is`M P?n i~ll.s~e! tax ~[r lsnt Ci"-
<br />4 .1.~;±hadfit±anrvi athl r.arldatctsl +CdwHS for t~ e; errant at rhr nv+t-ar+.ni~,9. ad al!vurnn hr !>`r,erne dttsztmdta {Ina
<br />ya~~i~,~, seer Wr~as#~t 6rtc,{; aat.~.n* ;ea ttm 1+4aa+gaara #- i ri.` rtcnuC`-. r,..,,s&sGt. r•~hta env its ereizta a:.V Urt4t to ihr
<br />#ent~c.~ entree aay~ ~rNt ~1 vi arw ~,. -.amt .-et ~v t!tcitet sc-_ .oasts the right t~= -rrc- r -.: sb tc~c«Pt f=.i rhr --ur .e na .zp{4t
<br />aick=t te, t,atri tntirittet scat ur trail 4riwr .r+ ufttr tlrtaa,it in a{rr a-maittrtm•, cf rhr: rntstgukc..trd the ~ivetgagee ^rst etr~tzaua. +ur
<br />f=sr ~asN a~a,t,r-r _„mot .35 t~,t ~w.t s. -i hr€r .ith ,cent F'+sF+3. PUt eit;t3',- thrt f-~ t=ygf3 _~ ,• o !!u. _r e..ys±,zen - - - ,c• rnaiatt;
<br />,eta? r'+ta>,.:roe r!uit pew t=o+s:i e:, .ur t:3aa~- ! tt.a. naaartpa{{[
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