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<br />(I) month prior to tis due d?tte the annnnl mortgage msuiancz pranutrm m arder to provide such holder
<br />with funds to ~y such gramium to the Secretary of Housng and Urban I7evel.+omznt pursuant to the
<br />tiational Housing Aet, as anx ndecl. and attplirtblc Regulaiiorrs thcretrnder, r r
<br />(1I) If• and sc~ long as said note of even date and thts iFrstrumen€ arc held by the Sacretarv~ of Housing and
<br />Urban t~euelagment, a manih#}• drarre (itr lre=f ra} a nvartgefie irestrranre ~?rrrr€(utrr! w#eictr shad l~ in un
<br />amount er.}ttai tv ane-txaelfth (f; t?1 ,d rvrc~hati f 1 C3 per .cntum of the avzra$e outstandin; balance
<br />dnc on the a+: to ca~mputed w4rhout ukiag i+3FP ecc(runt de#iri ,ucnazs csr prcgavments: .
<br />{b? A sum eyuat ro Ftrz ground ants, it any, naxi Sur, plus the premiums that wdt next 6esorne due and payable on
<br />pottcii;s of tiro and other hazard insurance covering €hc mnrti<a,ed prapcrt, plus t;txes and asszsstnents next due
<br />net €be mortgaged gropcrty° !ell os etrimgr.~d h~ the li=,rrexgeet ?ecs at( ;u m; already paid therefor dixtided 6y the
<br />number o[ monFtts to elapsz heforr arc rnnn?h prrr++ tr rite date ,x-teen such intsnd clots, przmiunu, tats and
<br />assessments wi#t th*contr dethuruent, such suns i+a to 'ttc#d hV 31ort;agcc in trust to pav said ground tents, pre•
<br />nriutns, taxes sort specia# a~essmznts: and
<br />Ir.l Al! payments n;cntk+ned is the two prccediea¢ sutasectians of this paragraph sod al# payrnenrs tci be made under
<br />the natc scti'utct herehi~ ;!tail be added t<,~rther, :,nd iht a fgre~ tc aFrtount r,herzof sfrail br paid b}° ihe-Mcrztgagor
<br />ea€h month in a singtz ga}'m.^ns to be agpiiect by tFrc !19or?eaeez io ihe toUaw°ing items in thz order set forth:
<br />(Il i reri;ium charges under *.he ~onFract o insktratncc k.itta th~a ~croian• of Housine and Groan lhvciopmcnt,
<br />at attxathtY' citatgc hrF Jx~t tuf =~nr+r~~,qc Ira~.rtarr ;ur.+r.itraez ;. 'as the case maY Lie:
<br />('tl~ grr,uni rents, tics. a+,o-,~cntents, ter€ a.rd t,thcr hazard Insnratrc~ pr>n~tlurrts;
<br />(Hil tnteresF car t'nz nr.rr ~cttrcd iterehY: ;sal
<br />(:V) anaornzaiton saf thz }arrnc~pai of card note
<br />Am: deisiztacv ;rr ihe smr;uri txt a.:y such sag;eat,, ::x~nthly ;,avn::nt <halt. unless made goad by dte Mixrt.
<br />.:. e+
<br />gac=_>t error r.; rho. duz ;isle :=f rite text suzlr _' , :,. a.ta,nrrte ar, rvgnt r.f datauit nudes ttais mortgage. 'Che
<br />_llc ttga¢ce rsay cnt4,ei y "rate c;:a rre" nrsr Fcr : sr_z<! ?;:c:.- cents 1»r'~i for e~,icia datlar (~ t 1 of each pi}mznF snore
<br />bean tiz"tae~n. (153 da~a :n »raas r+: e.;:~ea t.,i , ..-, ,*x;`r-as: u;,aix`~-r•3 .>3 itandt>n£ driinaaom ~}~nrvnts.
<br />~S. 'l3tat of rise total crf She pa;'menu made by the 51+tnr3;b*nr under '.; itf part~raph " ptt+ceding sit~ll exceed.
<br />the ;a~aal~nt of na~mrmt,_ :rc•tsirilx scale 6c thr ll(ertE;rrre far s~rauud rent-. €ave- Arad :r~scssraents rrr inaurartce pre-
<br />raStuss, a.~ ihe care ma} Fie•, yurh exres~..f the 1:.atr a+ current.:tc t`ie c~pticsv: u; the >tort~aRor.. shalt be credited by
<br />itte 3,3nrtr,a~ee un -tr6a-yu~~t2 prxcmt nt.~ to 4x arudt i,r tht' l4errt~:t~var. „a tetnta+ietl tri the' ~tori~agar. t;. hnurraar. t}ta
<br />^~wratfih partwr:rsr.~ ru~tfe he nc~ Jtartgagtar urufer: c. of p;arak:?t4*h ' prccciang hail nc3t L>~ suffrcirnt t.a pac ground
<br />rani, raxe;~a _~rl :;=±es:,merat~ or Fn~urruree premantr.-. a~ tha• as-t• mai ire, „h?n the game -halt bearame due and pa~-
<br />atite. then itte ~krrrgs¢ear a#tatt pub xax Fha= ?hrn~aatrt=e* anx atrctur+, nez•e•-;an xn msS+a• up the d€ficisnct. un nr hefeare
<br />t date wren pa}"!sent of {ur-tr €nstmd rents. taxx~-..r4.k=--matntu car in=ttraar€a prrarnium- sha3't aaP dae. t€:;t ana
<br />Yimee the irbrt~sgxar shall ttm~3rr t~+ tfie ttortgut,x^e'. in saw"xerdattc=• ,eit2t Fhe: pri~r>,;.-inn< ckf ~r nnFe s~iure[t. he~re}:ht=,
<br />r`att patmtnt of itie=+°ntirr~ indehtrdae~= r;+.{an=-.~atatxi ttremtrx, =.?u> 11nrt~a~ee =irsit its rcr;ttpniing the= 3nirrttni of such
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<br />3teroeaM u#eLc3t thv tltvtea~e.= ~ks- coal ht~ir+en. .,bsiy.5tcu tx ..ck rca thr ^~.-rertarx :,f Hca,a~ut_= -vrd 1-rbttn~ L}exeiaE~mctu
<br />~t~' laafaax•r 2~s;trnir~ rn t#Fe ~funt;~ ae'rumutait~d under Ftlr t,:Yiti-~i?:n~ ~i~ .. ,ai ,awr,-s_rypn Lt fta:reii#`. t1 thtK't=
<br />shat] ~ a ae#st!<14 unJ+[•r :ma a he+ Eafrreaa-acn- ._! Mhi~ nsxr-r_r .~ res:,iFine a: a }vvb~1 {- _:tis• E=f tlti+ pmevrt,ar~ rrxxerr'ft
<br />hiveh3...it if thri lksr~a{ec«+~ ~arr,}utrc._ ;~a. nt~pe^ri, r,t9rc-=tix;-t~ alir~r cs~-l;=ult. atr thin<s„rrt` •"t?cti! apps}~, nP thr riot+a e,f
<br />thr C45rtmeerts`r'tNi7at r;f ~yac-ta prarrw~din~^, =~r mr tear u€na~ ittr parp.•t:S i- .,:hr~rv; ,^ as: ~lurraai. thr =t;aiatn•a Yh.~n a'i~rnaitr
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