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(1) nrmzh prior to its duo date the annual mortgafe insurance premium u7 order to provide such holder
<br />with funds to pay such premium to the Secretary of Housing and Urban f)rvrlopmzm pursuant to the.
<br />National Housing Act, as amznded, and applicablz Regulatirnis thzreunder_ ar
<br />(t1? If and sa lung us slid Hate of even date and this instrun7ent are held h} the Secretary of Housing and
<br />Urban Ucvzlopmznt, a monthly charge lin lfcu of a arortgage insurance l,rerrri'unrl which shall be in an
<br />amount eyttal to ono-toreifih (1'1.1 of one-half (1_'1 per a°nttuu of rite average autstarzding balance
<br />due on ih<' note c v7r,et<'d trithoi:r taking htro account dzlinquencies or prep:q•ntents;
<br />({r} A sum eyuai t4 the >raund rent. i f am', nest dot, nius the premium that wit! r,rst bramx' due and payable on
<br />a~ palicirs <:t Lire ..=.nd ttthrr hatard insura7ite cecerne the :nongagrd pralx rn', plus races and assessments nest duc
<br />on tF.<' mortgaz,<d pn,prrt}' (o,Y ss cstintarei + r t)a° .t;nrrguge~ ~ !tss all Burns ahead{ paid therefor dihdcd by the
<br />number +. niorilis t, riapsr bti,zrc c,nc month pncr t- t}ze daro when su:h ground rent. premiums, rases and
<br />aasra.mems ui,i t-~_„i::t driin<luer:t, such suns €o ht held i,s- \{orz~gez in trust to pa} card groa7nd rents, pre-
<br />mnt:rs. t:CSes and crw.::ial assessments; and
<br />i, i iii pa)-n;tnts n;enuo ;d in the two preceding subsections of this paragraph and all pa}~ments to bz made under
<br />the nt+tr srestea !:rrrb} shall br added to~zethe~. and the a~_regstt amount thereof shat! bt paid by the A9ortgagor
<br />~ tarh maRth t^^, a s:ngtc na}mtni to ht appiird bl~ the ilartgagre to the fnllo.ving Hems in the orrice set larth:
<br />(It , amiuni .'has:*ts undrr the :ontract of Instnan,e lvuh'he St.•remq-.,f Housu:e and C>'oau Ikvv!opment.
<br />or moatith .barge !.,..,en :-a ,rturifiuge irsurvm: i+rentiuert r, -. the cax nta} he:
<br />tli i = :gun !eras. ,aces, as>c~rienis- tsrt as;d other iutaid insuranct nrer7nurns:
<br />i1H) ,,... , ost the n, ., se_ured hrtrh}:sod
<br />il\ 1 a;',I;tiiL aric,il a,t 1':: pFlnclps v,t ;alit ri, .<_
<br />3n} de,~...:.a , t';e .r.^.: emu.; .. _ sa,h a~,a_ .. .rtf-+ • an; .:..,, an<>-:na..: caed ht the Slixt-
<br />~got pn:,r ;.- ;ire dnc late . _ ., nett su:h ;',:~-„<^,:... ,rsr:ua sn r.rnt :: deul:it unde: itus mortgage. T7x°
<br />4longaces• r;av euiira a "late ettsr.^.e" ..,•t t, tle,ti•u t:..- :rm; tart ' .:axis d,•fi:;; ISl t ,+ti tart) pacnxnt mote
<br />that= ._<,^ (i.. ~l_ . . ,..:a, t; ...-l':. i! . ,.1:._ rl. ...,+!t. _ :. ,7_:.el ...:.,u... ants.
<br />3. That if the taatai of the pa.enerit> made by th:+ Alonua~or wider -' of n:vyp[raph _' orecedine Khali cst•eed
<br />aenvun +°:{ yai .a~a+.- ua - -am' _ -_ -- .,- _ ,unu - - ,.. - r __ __ _ , ___ __ _ - ur-t° pti_
<br />m~iuin_~. a,r~the <-~ a mse ba. ~urh elCC.., ~€ ;its ixatreR7. i•unc-nt..tt zhe opt;+xn o[ tthft~iltaregagor 3 shallliM rcrettited he
<br />the \Surt,a~oe un <ub~equent p:atmt•n7- tt, b+° mad,• by the \1+7neagur, „r re•(unded to th<• \tortiagur 1I, huteeler• the'
<br />^7ltrtthlt palment_~ tri~dz' b. six N.xtwagla• ::n+3rr : ; of p=a,agrziPir ' prc•ccdsng +hali nut hr ~utficient to }uv gruuod
<br />acttt, taw and a_~~e-.=meal= t>r tn-:unnttr• ammium,. a> rhe• <<L~c• mal he. when the -amt• -ha!1 become due anti pal-
<br />:,ale, fha'n rite llurtga:or .~haH pat te, the lieenda_f~t• anlsmt,unt nect~,=an to ma.4e up the defirienn, un or before
<br />rhe date x7ten pa',aser7t ..f such gniurd rent=. ts~c.-. 3=<c--ment< or insurance unmium= .-haH be doe. if at an\
<br />iitne ='_+te \kin_a`~r ..=hs.1 txnd~:' tr, t..:' \k,rtt*s?ee, i. ar'c~.,niutre xith the pnxai=ion- of :he nutc° ?<°c•ure[I hen~bl.
<br />fttii pa}ingot of tS7e entire irdebu°dne-~ n~pi~-gored themhl• the 1Can~asee ~hsll. ;n computing she amount of -uch
<br />in.3ehtcsdtxsz, rt-eiit to qtr account ,,.:he' '+f.,rtr::ec+r - - navment~ m.ide under the pro} i.ior7. ut ..' of p:+ragtaph ,
<br />herc->of ai;'ich the A3or;:gce ha- ra+t tr:Y ame uD!i=sie•d t., pa} n: the `~ecretan of HRUSing and (than Dcvc?awnem
<br />and sn} baiastre remainin=.~ in rite funs- a.'cumulased under the oml7.=ion- of of nsr:t,r3nh ° hemnf. if three
<br />-fssH aril a defau?t under ati~ Rf rht~ ptr,i~;itr,-,+. ahi- tm,rtg:igc n'~uitin_ ir, a puhlit >ult• .7f the oremi-<•-- cn•.en~i1
<br />hare'tit, or' ii the 91r,rt_~a_•°t- acquire- she' prt7pertt t+th:•rai-r after dr€ault. Chr 1k,rt~s_r°i• ,h:ttl appl}. ~t t.he• time aI
<br />if7c• i'ommrnc:ntse•nt .,: >urh p,r+r,i-+~dinn~. ur at thc• time thi~ prop.rtt 7, utheroi..,• 3.yuirk'd, ti7r• balance then rrnisan-
<br />tn_ in a`hY ands ~ ~rumuiated mnde•r „s nir:+graph ' nn•rrding. ~- a rn-dit a:!a7n-s tht+ smuunt of principal then
<br />r~malnsng unpaid unde-: -aid notr.:srsd -hsll pa,prrll sdiu-t :lnl pxtnsrr7t- ,+h7<'?; -h:7i1 h.7lr br+en made under _4
<br />,if pataCrapll _.
<br />?:hit ins `•tort~ieoz -.3!~ n =ur.3 •tnt,. I:,lr-, a.,r„mrnt, M:attr ,,. ant ,•>tart :+tntai or municipal
<br />.,. *gr°. 'sir, ;. .n;•n .,,. uh7c* .~t a, of t><'e 't mxat nrrr;ni4: tc ~rt rd : ., ,nr.... the \i ortgagrr ms}
<br />.-. ;fr,"Rt:.+t5dthatthr\i;,rtg ,, rr:'~m^ti~+ ..: t:tht,+tfic...;rrcrttt ti7rrzf, .heU\l+~-ig~grc
<br />: ~ .>r-: ~-.r ++. .:.lt; ><:.,.n ,., t*:. it,: t,p the '.f.• r.,ztr ~f iintrrrsi :n v7.i real r,t.ite :ind impr~vr-
<br />-r+rni,-and - ..::h Wt be -:tied uncn •hi+ ,^ r=g:,cr +* •hr .:rat + :,,eta i:rtrr=7 but +:n;t i.+ the ltznt th::.«!: a, not prohibit-
<br />... . t an. ^>,t ,i n!}t :1ICnt `}7.; ..1. . d,.l :,r , 3A. .,.. ., 3 i. ~rF+::t~ ::f Yl. W .F7L` .`.n\ ._:. ,31. 1..it~ i i 1"2i~r G3:.
<br />a;n{+,...,, r. \4t•-t~'g -.:.na ut:: riz ttir --'a~i rc.r ; h.~~~:nt. .3.7 t+:;°~•r.< u't,^^. tnr \f„ngsgec t-n,m +...,,;,~n.+i this ur:der-
<br />;;swtnF. ,:- ~t ti7r .f -. ~ :'r tr. pr.+h+.t+itr~ t'.:. , ..... ,. -,r i7r'.,.1 .. ^ <+... c t;t ^wt tnc the .:hi+.r , .. n: ~;,~rtr:,n,?t the af.~re-
<br />- t_l_._ -,,r lip; ii :nr 'rflv2 .t'+_ t,i lni . . .:Yi .:.. ,ireE7,;y the ^.:.. rf..s:. tf2 tit nrtg.iia'I .::n ::ttr,. ,+Y i3 xLL~h iyh
<br />o' .. ,. ;
<br />~.~rcrrr ~::tltr. roar .,7,t .,m.•_m , -:.,_o ha r..r l3,•r _ - '+e ..,.,.,...'~r. tnc '^, ..rh.. ,: c 11.,ri:i~rr .h~!i ha+'t
<br />rise ' gilt + Ct+C irx. ...,:lcn ri+ .lie ~ ... h< . ,tin:, ..:i. n' .7;. ^.7C :, .. the n7t, "E.t
<br />:)er+i'l.` .r ni,id-'c "C :.i\r^. 'hc ,.::~... .1. ~' M.. ..c .... ., -..-R~. :,It'ic' ~:t tipli:,,7i. ,.i ,..Ia] n!r<'it il.,t,
<br />_. That sh; u:d r7r fal, t,• ra< sn+ .im ,.-r ~., ,.... t.. .,,t,_ ., r :n th~• 41..t tc:i,:< 'htn ter \S.•r'. .ctr... 't, .+p.
<br />Lion-t"•:+~8<Pr '+e'f:7 Hl lnr vfi: ~., .,.. _S~c,.il„!.r,. .. .+h:'r.-_;i~c.~,.: tht CrmC p:1: 1 -.•W: ,•?3 the et4,+4 na~lr.
<br />sn;~1' i>z s:: urr,~. title^+. <nc „,.t?i bc.:...,..: ..a ...r ..... ... .. ,R the -. ~ nric. ,Rtl] r+~ia
<br />T'7at tK h; *:Sx _,. ,4"t ,•. .. .-. r ,, i3, rlt;.,gK: h2,P !7c~ 3.,u sill hr . _ -r ~,t °+. 'ht ...:tt 1nJ :iii
<br />Burn,-a~urr<: hrrrh+ m...+. •. ..,....... , ihr pt,. e°r;.:^,::.. ,. + ,h< t.rm+.. . +.nditi+r, .. h=- \t r,}:agr^,. [hr ••:f7J
<br />nRtr. t??e Ter:. , .giro .. '.L~t . ., .. .- . , .. .i.r ,. . t97K, .t ui;-n <. ,Fn , ... .ila. ._
<br />nrs~s +flsii reraarn _aps,..,.-n ,nr 4;,:rt .ic. r,..; ~ ,. ::. :-.r.t ,n, ,.;gent : t aEtnt°`., :ir.;rr ;.r ,hr ra.P++t .~,
<br />rtF,Biriztg aid prtmisn. hn::+7f rrnt,ng *-tee ,_,.:. ~t,~ :. .~..'Une the xni~. tr,r~ues end in.',,+~e- :. t :I fi,..t :*ut of ~diU to
<br />r<:rr,e: ;iii ripe nxtn of rt:raerirte sa.4 7*rrr;nses .ms :rocc",.:rt ::=-t~,mi„s.+ns sod ev;:enst~ ln.unre i,~ rtnteng .,na ntan;retng the
<br />same atta of ca.siecurtg aerst:;!s Fier=rirq:<7. the it,=Ewnrc r.:s,:7n7rc. ,f an.- ,.~ ^r a^j+i;:.: zoo and it)t disc barer i! ,:itu mung::ac
<br />,'a3thtzdate±. -
<br />g- i7sz1 ?ir +dt $,~z, tix Ina; r:°, z:nrnt, nt~s+ cal-ttng ix hrse.iitrr rrr.tr+i .:n hr m,ir+. gagril pr:+p .: t'+. an .urr;i y.. mxt tv
<br />tCc~l'.lred f7 )F i'+iTlr It? tin=e - iii: \ti r-f+-art ;ii,.Ln. t , + t+r '-+Tr ~:.,. _ '7;:3:iiv -- s,'S~f ter- an.i ..,. ^Lri! rr~ :. *4.b
<br />ar7#6ani1 Situ fttI se«cn penc.c~ $+ iitai' CX :-rGulrrd i+> t}]C++\t.,n CageC .i RU - !':;~ ~': 'rrpiit , +i t}r 4.71r. sR 1sZ2 ^I: ilm, t+n •C~':h
<br />insux'srtir ysrovisscn ftx f+a. rncnt of uirich iias n:xt ',ern m::dr hr:rmtrt.+;r :17i insurance ,tall br~ ..,rr7r.t ;n :.+nipamr. ~ap-
<br />pr'irvc9 b} t'~ h9cxtgagee and the n:,li..re.:,, a rt neat ni«. thert.,f ,ha11 ¢,r hrid *. mr \iongagrr .,ad h,ir ,,tt,chrd tneret.: !,,.,
<br />puyabie clauses in 7al[sr'nf sod is farm ~cceptahir ttt the '`fortgagrt. In e.rnt t,f io++ Afongxg+u t. ill tats imrncdhtr Hotter ht
<br />tad tti the Nltutg,~ea. wb~ mat stake pmt+f:,f iziss if rust made rrvmpth ht 15tort>;.agur. anti rash tu,urinct r<+nso.7ny ron-
<br />orrned is Rre•b} nuthwimi and dirr.ird to mli;e pat mint for such lass duret43 to the 4lorigaCee instead of to the 4lorigager
<br />and rhe Mttrtgragec jninil} _ and rite lmttraner pn+ceed. or;;n} pan ;hersof. mat br applsed bi ;fir ltt,ncagre at us <7ption tither
<br />tt* rice reduction taf t)~ indehitdne~s hereb}- secured ar ttt the restnrstinn nr repau e+f ihr propcnl' damaEed. In e<ent of forre{n-
<br />wre of Cttis tnortgtcge tx ai:ber transfer ttf title zo thz monied proprny in ritingui+hmrni of the indet+tedne++ +ecured hzrzts}',
<br />ail rt~ht, tick ,td roterest of fnz Merrragar in anti m an)' insurance policies thee, in fr.ree +ha!1 , as a, the purcha>er G,r grantee.
<br />y. i hat as additiana) artet ca!laterai s,resmr~ f:,r zhe pa}~mear of the note drt. rit,r:7, :7nu ,ill ,unit. t:+ hec.,mr due undrr this
<br />>r~rtgage. tbe'!li+rtgagtu. hereby assigns to the'vfongaper al? pn>fit., revenue,. ruy!zies. nght, and hrneda accrcing to the
<br />Mttrtgagc+r under ant and ail ti? and ga, leases i'n aid premise., ,. ith the right to rr.r7tc :Ind receipt €t,r ti7r ,umr :,nd appl}
<br />i9rrr.n io ,aid indthtedneas as wait txfnre as titter driault in the conditions .7f thl, morigxge. and the lfurtgager ma} demand, Bur
<br />far and rzcmer anV such pavment> +t-hen due and payahk. but stit:!i no[ M reyoired „ .t: do This ;,++ignmrnt i+ tt+ terminate
<br />and become Hutt sod lf.-rid upon release cif this mirngege.
<br />FHA-Z 7aat<e (10 ill
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