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~- _ - - - <br />_L° <br />n~a - MORTC' ADOENDIlM Ft1R <br />- ~ RE~l~YF1ENT OF` SECTION 235 ASSISTANCE 1 <br />1?M rights ~ oblitions'et the parrtfes tea the attac~i !Mortgage _. <br />sere e~ancssly arc3s se~ject lfas this Adder. Zf there is ang conflict.:. <br />bet*aeeh the p~trav~isans. oaf" t2~cs Andum and: the: prcnrisazxs Grf the- <br />Piurtgage, the psra~rs"ions of this: P,dsduac steal]: oontxvl. <br />i. 'ltte debt by this; uxstztmaelxt shall include net only the= <br />Dtcste re~tad,abcnae but also ax~y assistanoe paid by: the SecretatY <br />3sx aooozidanoe with ~ 235 of the National: ~ Act. on <br />betaalf cf any party to the Mortgage._:._- CincludixLg an'Y F~rtY <br />tykes ti~lc m the propezty subject.tc the said.hlortgage or <br />assumes: said hbrtgage :. } t.-~~; fied 3s Efi14- Case No. 325-088334-256 <br />~~Insured't~lortgage- .). , <br />B. Z21c deebt will:.. be due and payable when the- first of the following,> <br />T'._ <br />b• <br />(a~ Title' to thr Property is mnueyeci to a party whe i:s nat °' <br />r3igible frn Section 235 noztgage assistance Payments, or <br />fc) ~ pzopasty oavsz+ad by the Insiusd Mortgage _ is rents! <br />for a period ' thorn 'one year. <br />3. Zt tht Irsmu+ed l~brtgage _ is not.. pair3 in fu11 when paym~t <br />zs .cave. csader ph 2 ¢ the Seczetazy may defer payment tsnti.l <br />~~ rtgage is paid in £ull. I£ payme7t :s deferred, <br />t3~c dept will bear interest at the rate.. ofezfteen s +~tte-ksal.~•oent <br />per year fznm the date: the debt is due ut~e3er paragra~3°n 2: until the <br />f~ll..amo~st of the-debt and. interest. is pa~> <br />3h ~ritneas whebeof, 'Hor~awer has execut~ad this ~ to the <br />Insured~Mortgage. _ <br />r ~~ , <br />~ ~ _ <br />Biox~zawet <br />D~cemz~r 29, Y98I <br />Dante <br />„~ <br />