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<br /> "The property described herein was obtained or irr'l~roved through Federal financial
<br /> assistance. This property is subject to the provisions of Title V1 of the Civil
<br /> Rights Actcf 1964 and the Rehabilitation Acct of 1973 and the regulations issued
<br /> pursuant thereto for so long aS the property continues to be used for the same or
<br /> similar purpose for which financial assistance was extended or for so long as the
<br /> purchaser owns it, whichever is longer."
<br /> "This instrument also secures the obligations and covenants of Borrower set forth in
<br /> Borrower's Loan Agreelrnilt of November 19, 1980 , which is hereby incorporated
<br /> herein by reference."
<br /> "TRIP borrower and any successors in interest agree to use the housing for the purpose
<br /> of housing people eligible for occupancy as provided in Section 51.5 of Title V of the
<br /> Housing Act of 1949 and FroMA regulations then extant during this 20 year period
<br /> beginning Nloverrber 19, 1980 No person occupying the housing shall be required
<br /> to vacate print, to the close ofLsuch 20 year period because of early repayment. The
<br /> borrower understands that should an unsubsidized project be converted to subsidized
<br /> wil',Mn 15 years f-, om the date the last loan on the project is closed, that the period
<br /> will be increased by 5 years. The borrower will be released during such period from
<br /> these obligations only when the Government degermines that. there is no longer a need for
<br /> such housing or that`. Federal or other financial -assistance provided to the residents
<br /> of such housing will no longer be provided. A tenant may seQk enforcement of this
<br /> provision as well as .the Government".
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<br /> togcthcr Widl all rights, intcrcrts, casements. hereditaments and appv=-.,nanccs the-euvro belonging, the rents, issues, and
<br /> profits tlirrcof And revenues and income therefrom, A improvements and personal properr;y now or later attached thereto or
<br /> reasonably nrccss:,ry to the use thereof, including, but not limited to, rankcs, refrigerators., clothes washers, ciothc: drvcra,
<br /> or carpeting purchasrd or financed in whole or in part with loan funds, all water, water rig.6tt, and water sock pertaining
<br /> thereto, and all payments at any time owing to Bot,-owrr by virtue of any sale, lease, transfer, conveyance, or condemnation
<br /> of any part thereof or interrst rher :in-all of which are herein called "the property'..
<br /> T6 HAVE AND TO HOLD the property unto the Government and its assisms forever in fec simple.
<br /> BORIV)VVER for borrower's 9eli, $orrov.cr's heirs, executors, administrators, successors and assigns WARRANTS THF.
<br /> TITLE to the prokKrty to the Government a ainst all lawful claimsand demands why+tsoever txs: pt any liens, encumbrances,
<br /> easements, rescrratic~ns, or convevancts specified hereinabovc, and COVENANTS AND ACREE.c as follows-
<br /> by h To cpay r promptly when due any indebtedness to the Government hereby scciirec! and to indctnniiy and save isarnr-
<br /> Iru the G,rvernment against any loss under its insurance of payment of the note by reason o' any default 1•y Borrower,
<br /> At all times whrn the nvtr is hcld by an insured holder, Borrower shall continve to make paymcnvk -an the note to the Govern-
<br /> ment, as coilection agent for the holder.
<br /> (2) To pay to t6 Government such fees and other charges as -nay now or hereafter be requ:rred I,v regulations ef`the
<br /> farmers Home ,administration.
<br /> (3) If required by the Government, to make additional monthly payments of 1112 of the estimated Annual taxes,
<br /> assessments, insurance premiums and other charges upon the mortgaged Frem6es_
<br /> 0) Whether car not the note is insirred by the Government, the Government may at any timer, pay any other nmounts
<br /> trgmi i rd herein to bt paid by Borrower and not paid by Borrower when due. as well as Any costs And expetayeis for the pre,
<br /> srrva:an, protection. or cn(orct•rcient of this lien, as advances for the account cf Borrower. AlI suCh advances shale bear
<br /> interest at the rate borne by else note which has the highest interest rate.
<br /> (5). Au advxrcer by the Government as described in this inst•ument, with interest, shall be immediately due and ptyable
<br /> by borrower to the Govcrnrrtcnt without demand at the place desigrsated in the latest note And shall br secured heso6y No
<br /> such aedvance by the Govc+mmtnt shall relieve Borrower from breach of Borrower's covenant to pay. Such advanct,, utith
<br /> inters--r„ shall be repaid from the first available collections received from Borrower. Otherwise. any payntrr,t -nadc by
<br /> Korrowet may be applice, vet the note or any indebtedness to the Government secured hereby in any order the L;ovcrnmcnt
<br /> determines_
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