j-p•~~~, p~ (1) month prior to its due date the annual mertgae insutanrr premium in order [u provide such holder
<br />1~_n~ i with ;imds tc pay such premium to the Secretary of Housing and Lhban Devel„pment puauant to rhr
<br />National Housing .Act. as amended, and applicable Regulations thereunder, cr
<br />(tit 1f and so long as said note of tern date and :his instrmnam are held by the Secretary of housing. and
<br />Urban Ik,vclopmeot, a ntenthh• rl:arge ~ in tielr r+1 u n!urtgule insurnaet~ prernirun; whieh shall be in an
<br />amount equal to one-twclft!+ I1'1'i of one-half III') per a`nuun of the average outstanding balance
<br />due on the note computed •.rttb:a; :.::.:nt mto acerntnt dtlingnenaies or prepavotrnts:
<br />(h.l A swu equal ut the ground rents. if am', nek: dec. }=!u<the p¢'nuums!hat will next become due and payable u^
<br />poiieies of fire and ether heard insurance ioaeuna ti;e morfga,rd prc,prrtp, plus rasa and assessments next dt:r
<br />on rhr moriea~:d property iu11 as rst!mate~ hr rhr :1£<`r;guger~ less all sums aL•eadi paid thrretur divided by the
<br />number of months E. elapse before one tnonth ^ . , ~ !ire Date tchen suite ground rents. nre±r.iums. faxes and
<br />assrssmrnu will beco¢ne delinquent, suilL _....,~ „ r: held b} )fitrtHager in oust to pap said gnuznd rents, prr-
<br />R?imtt~. 23xeS any ~peil'ai aSSa$mr11i5: and
<br />trF Ah paprnens mentioned in t!te ,w., atrirdim, subsesiens ni this paragraph and a13 px} menu to br made under
<br />the t:utr secured hrrehr ='a ai h< a,3dee t -rthrL, sod the aggregate- amot:nt thereof shall he paid hp the R9ortgagot
<br />each month to a sinus a .a mint to hr :.^nlirai ht die \lort&age•r n, ihr Io?iowine Hans in t!,a order set forth:
<br />il) ,r:nium ihar_es ttrdtt thr..,rtraer <,f ir::urance with the Se.lctan~ of Housrna` and llban L7rv<'loptnrnt,
<br />u rnont'tii <. -.=. ..e~~t . , -;. ~~><<~ i;!;urrrrc;vre!;tiu+n;, as the case star ba'.
<br />iii! _ ,..,~ lests.:.,'ae., a+s.~ ., .._,._ ..,, aa± ,uher hazard ~zsutaair area,:.,.....
<br />ltHt s;uerest;nth<..., _ti._. ".,ehi~._..<.
<br />i IV) annuttzavot:.,. t, pool _..:, sa!d no...
<br />Ani dr:icirn,t i!t =_.. amount at•an, ~-~, s~ere,atr monthl-. flairarrr: shall.:n,ir~ ;na:ie g:,od by the Ribrt-
<br />_aao Sri<v .:, the due ,ia_. , ~ the ..rLt ,..ch _ .. ,;. .rr ,tit...: an i ent . , -.seu'i ;ode: this tnorigagr. The
<br />R1as:;aeec , +t :eilr.', _ '93r. cha~_ • at ,a eairrd t. _. a; nts t-7,!1 ... <`ach d<a!la: }j; i c, ,..eh } mrr.t mote
<br />thartt:...:rnf?-`3aa,>?rrte•-...:.,,rsc:?..rry'rszy,`,... ,. ,,?.:,.;nhandL•<:•e,irhnqu<`nt;,.ri,:.;nt;h
<br />5 Thai if ttr total of iltt• patimen!- ms,ie ht rhr tlortRa,~ur under oC paragraph '_' preceding ..hall etceed
<br />the amount o p9v,:te'nt~ actualtt zRade ht rtes. ik>rtca_rc fur ;nwnd n•nt~. tar.- and a--c--menu ur in-ur:mcc prr-
<br />igiu*.n~. a< ihr e•s?x* mat be. -itch e~s4r~+~.:t the at>.tn i. current, of the option of the \iunga};czr. +h,il; tx• crtdi:ed 6c
<br />the `.1ort_~ rt`on ~ub.e~uent pa~mrnt> t., br mare` bt rhr 11nn%n,,tc ur refunded w the Alnrtgs,or 1f, ha+i e:er, tht'
<br />~mnt?;h pa} mrnt_- znar3e bt z,'te ~k*r;gaeos under of paragraph ' prrcci ing sh:e11 ot't he ~uifi: rent ro psi ground
<br />..rent. tares: anti apse-cement- ur in-urutre pr<~mi.um,. a- the r~-e mai be. Hhrn the ~amt• hall become due :ind pa}-
<br />ab3e• xhezt ihr lbrtgagor -ha11 par to the 1lon_~u,_.~r sot amount necr-man to mal.r up the. deficient}, r?n or before.
<br />1};e date :r'rrn aaameni of wrh tzniund r*•nt=.:ase~. a=,r-~mrnt- or in-urante ,rtrmium~ r;h:itt br due. 3f at and'
<br />tame the lkrtxg~cu hail tender a>:he Vtoti;;::~re. in at.o.dance tiith the pnrri=ion= ul the Hole secured hemb},
<br />fu21 garment of the entirt• indebtedn, -- r •nre-ented t,temh., ihi• lktrt a,.te -hsi1. in computin.> the amount of <uth
<br />:'a,3c't+tf-3;tec`. cre3ii t<a the aci.wnt .,t t..r liort,;sg„r sit r~avmentc maic under ihr :x. itste>n. <,t :. oC p.Lr.teraph ,
<br />hen>uf si~iri t;:e t}nrt_afee hs- n,=t S>i-a-amr obli_3icd nt psi to ihr ~crotan of Hnu=tn:• :a,d 't roan 3?c~,eiopment
<br />.trod a::v haiance :r>mainin_ in ihr find- accumuistrd under the prt.ti,ion~ oC „f par:a ~rsph '? hertvrf. if there
<br />-hat. bc• a drfauh under a.~tx of ahr pose i-:ao- ..f ihi- mortga~>r rr•-altin, in s public -a. = of ihr orc•mi,e- cotereti
<br />!rt°tt•bF, cr si ~4r \1rrr.~,'s~er 3rqu,rr> ah,• protirnj r,;hrnti~r after dt•faul.. rtes. 1n+rte ert•t-h.,il appi}. at the time of
<br />t1hF rt,mmrntrmrnt ul mouth pmteedrn_-. or at ;hr time the properit s= otht•rai>,' ar,,;rirr+i, ihr balentr then remain-
<br />in`= sn ithe= 'and- ::i-e~umu',aud under „f p...--:graph ? pmcrdin_. a- ., a rrdil s.~a;n-t rtes. :tot<:unt „f prin. ipai then
<br />rr-mitnits_ unpat;: un;it': -.r:d !:.,zr-. irsd ,:r:,:i gn"prr!t .adiu~t :tot p.itmrn:- :tiirh -hjS( M:,t+• `vc•t'n maiir under ~,<,
<br />.. -... tt:,' ala`i' ..,:.. :°Yi.. it c ,mrnl•-. aia r.::r,- .:nu .. ~ ..- P.t:i ear n7L:nlilpa.
<br />. R~r rC, ,.rY A. - - ,.nay-< •+~..l. i-.~ . .a,:l :,, :.: i•rrn Ti.~ar ~`: rClnt,r t.`rr- .. n u ,a;.. ;fie.ta`_ "r tl.,f [gager nt a\
<br />ti;r ,4~.y- -!. seal'-ra- .o., toter--.~,' .rtpt,thrir .. tbrtdnrtaagre
<br />• .yr tt. ..- r.. i.. ~. .... ....arid = .>r: ; e tie _ er: ;ntatr~++n ntJ .......;arc soli :mprotr
<br />-ar?', . _ni .: . . r l:, .. a h. Lc.r : .: ~rPt -.itlrr ~ };rte^l :?'GF Jn:1 > , (!12 ~ tR'F.t the; ,neh"nr! prihihtl-
<br />._ ..._ s~ ,. .+ •+tr ; nt~th~ ,+ ,. eta: ,..a,::hb ..:. ::Haas . ;,ul rxi a;mnr :tn. .:m, tai `rate - z-eders;.
<br />.-r,r,:-~..« ..n tI. ter.:.n.. ..~ fire ..:... .. ..,; t. _ c'' : .., ih for ti P~c,err '~ `n •. to^auon at ihi; undrr-
<br />- , ~.-_ar- -,
<br />ztng~ t tr af, c~._ . n'ohs~ ter.. a . _. ,:a ~ , ,v rir,tin_,r:`m cn<r ~g t.-nc as Haste ~: an, orilar, a.f [hr af.,rr-
<br />~.a1.7 t: 1r, .. ~.'rl ttir fla'rL•n_:`7 ~'ia : -- .~. 1r t. ir:t '.rc ~ :..i R. 'hr ti' [ ~;a ~r .,t efl\ ,Hitt 3:,12,_ eYC 1£ ~nih i3N
<br />.,.... ,, .. .,.,..:nt ..,, ,,r. .. -`te~- .t..... ...,'.r., ,. nc~ ~,[t e deter rnr \f>ngscrr>.h:;;l hate
<br />.,'h. ..r ,roe;, ,,.:, , r:,, .. , nr :, :hr , ,.: ..: ..r.:~r.t r '-ir,c,. ..w n'rc tnr {~.,t error ,a1 the mon~:gr
<br />7. ':i Pe.r!S.r Y . rn :n. 1..1 a.rr', ~~.:.~ ",r.:.:. ~,:i .,. .: ,... ..t.r,r .,I i : \^i7.trt. I'. ,:ttv' ninrtl del<
<br />yr ..'~~ .hauls tie +_,. ,• a:.: ,:n, ,ur*` , • r,cra ... _. _ .;sir: '.*r n uu> t±an e'_gr. then the trot[,-,ear. ai it. op-
<br />•sor. R:., - .v }•rr; a*-• rhr .. ,.. .. . i, .... ,.... : r~ .-,.. ,..r- tnc ::.m :p.,: ;-.t , a..nc on rhr .:h.>.r n.;=.r.
<br />1'., ;,,.tr+. .... rl .:n.' : hr.: . .-.. ,. .. .. : ..I`.t' .... .. :ri:7 ..
<br />..... nr~t. ~ . -.. ~r~-`` ~_ ',i - r Yp; ,rc - ... • .,. _a n:r^' .,f rhr na>ir Wnd :±i
<br />,. ,-,. - - r .. r. _ .. r ~, ~ _
<br />.:..., ..cC. hrtrhi ~. ... ., _s>' a ...- ....n, ... c .. .. ..:a~r~,t, ^ , ,:a, tlrtt.~¢r,.r!hc:aid
<br />'Ya~t C. :.{- ,'fir .C^;~. ii - c-:Jr, ... a... ..~r'~C ., c .., ~ '.c,. ~ `~.: - :t.Lr~ r -',c ..;-lr-P1 ,a-::: ti .,C .> ~hc ., a`rliaa?e Inatthrru-
<br />...-_ ~h:eii rrma;n unp.~ta- ~. >; rhr thitt~z c -. _ .-_ :. , r r• , ,.rr. n, rent .. -.rot, _. ,..a . :_< .. -rhr par^ „r a`f
<br />'tF~rrinc +-ai.5 pirn .r> _nd .d iruuac :h. _ . _ _..< , - c_ ~,r _ hr -, _,_ ~ur~ .,r„ ~ „, .. . n.; rt `naa . of eaid tn-
<br />a>mc~ ~ ,'-~: r .:t rr^-~t^nt: v.:. ; ,., .. ,_ -..... -.... _. n:. ..,+.r.•.rn.i rt;w. ... artru .n r: nuns. and managing ihr
<br />.amt :,nd :,± .~,,..tia:_ .rrt:ai, thtrrftur~ ,: r, '*.,:_ni_ ...:.m,sre.:, ... . „-= r+c ~, *+,r,::.-=N are ih,..:t-~hsrer .,t" ,ntd m+tr[fiagr
<br />i kif`3i'u r~i
<br />lh~i hr x-tti i.rrp t!'r::..3`rc-.cmrnt ',.~ r:t,trrg .,; i=.r:'r..,;ttr c:c •ra -n ?hr m- - trr.pc r'•.. :n,urru :,, m:ri :`r
<br />:: quirru `:om 't°e `o u-. - .r ., .... .. .. ,.. .... s. ,, ._. .=rn,- ,:_ .on-i, Et ni:r; fn suit.
<br />~m=+^.rzst, attd for ,acit {+err:~w. a+c.:.t T+,r r_:,la :.i :`x .iii it <.~t. - _„~ : -.-t;a..+rrcn di+r ..nt :,rr ntiurrc:.,n >uch
<br />en>urance gra. tsxn far pat mrrt el "a htih ha+ n<,z her*. ns.:Lr hrrrrnhrl.`rc -1'ri .~r:-. rit.,n,r ~h.,,! `>r ..,erred .r ~umpanie, 3p-
<br />nrmrd bt t}x Rlt,rttaerr ane rhr rn,tior- vn.: rrittk e!, ihrrr,:f shat! nr hr;J ~a the t1,•r,ca.-rr -.nd has r .,ttaihrd [hrrrus lo„
<br />P=3 atr3r ifausr, sn fat ix ni and in form a. it^tahle !,+ ihr ttaRLaurr }n e.rm .`f ;,:,• thutgsgarr a ill Ent nn mrdwtr noun bi
<br />ta:~u tit ~ Rlortga~ce_ uh,, ma}~ m~)a pea€af ca£ }es>, of nut m;.dt prlmetfa h, 41t,ncagor. and rack im.uc::ncr company c,an-
<br />cerned ie ~reby authe'+ri~d 'end dtreitz.°- t<a n-.ai,r parmrn; for wch !t"s dtsrrait' to the tturtg.,ger rnsteud of zi, tnr 33a,rtgagor
<br />and the R$or*,ragrr oiwfi} . sad the in~ur,nce t`r;:.crd+. ur an} psri rhet r.`f. rttLLi t+r apphrd hi, rhr Lluneagrr t it, aapiion either
<br />zo the rrductian of rhr rndrt,tednrss berth} x.urei :,r ta, Int rtsitvnri:•n its rrpati ui rhr pn>prrtm d::magrai ;n error of forrclo-
<br />Wre 4f this inerigtgeot nthtr transfer of l~itit to !ne ma,rigagrd ;sruprri} to rxungutshinrnt a,f rhr !ndehtrdnr„ sriured hrreh} .
<br />e,i? r;ght- *,r=,tr vrv± irtear+t ,ef iltc R4+}o! tg:,gsr .nand t<a,.r: in.:r.i~n~r p:.!icir, .h, ., in . ~rac !+:.1 , ;.>~. t..hc ;-,tr_hs.rr or ~r+ntee.
<br />u That a. additions] and .oliatrral srcurit. for rhr pa> mint ,rfi rhr rote .ie .:nhrd.:.an<! ,i' ,um, t., h-.rrnnrr due under rhr,
<br />mcngars-. [tit 4i.trigagnr httrh} a>stgns to the Siort~ager siE ntoht,. !rtrnur ~ i,.', Witte,. ;rght •. ::nd hrnrtit, .:itruinir to rhr
<br />Rot st~gur Hodge an} and a!I [vl seal ~s Frase, on •siJ premise,. a nh rhr right a: recrt; r ;md trcrspz iur ;hi =..,mr anJ appl!
<br />them t.„a;ii iru9ahtrdnr=, a;+•eii t+tfore a, alter drf;~ttili in the n=ndrta>a; of ihi+ rna,ncacr, sn.; rhr 4iortesigrr tnai demand. ,ur
<br />for and rri<n rr ao} such pa}-mints u her. due and payahlr. but .tea's not 'x iruui! rd ,:: t,~ a::~ ?hi, .,;acnucen[ i, ^. trtminate
<br />sod tucor>;c is+;li and , aid u{x,n rrleax of fhi> mt+rreagr-
<br />r !iA 214ath Ito ]?I
<br />
|