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81 ~-~.~ i- .l ~~.~ <br />{ 1) r,:anth prior to its due date the annual mortgage insurance Pmmrnm in order to pmvidt such holder <br />with funds to pay suc}t pttmtium to the Seeretary° rf Housing and UrFlan [}fvtlopmenr pursuant to the <br />National }lousing Act. as atrxndtd, and apptiraRle Regulations ihereurder: or <br />tt}i if and so Inn$ as said Hate of evert date and this ins[rutrtent are held by the Secretary of Housing and <br />tirtaan lltvafopment. a monthly charge (fn lieu i,f a m<artgatgc rosters»ce remium) which shelf be ir. an <br />amount equal to rme-twtlf'tfi (Si2} r>f ;rcf:tslf {t!_; F.2r ct'ntum iM1t the overage :=nistaniiing haianct <br />dt„Y aTt LRe Hole cutrputed without taking tnto account delingnencifs or Prepaym.nts: <br />{h3 A sum Pquaf to the grouted rents, if any. next due, plus :l:e p~~t:tiums that wit} next become due at%d payable cn <br />po}iaies ref free and other ftaurd inSiir~un`:2 covering the r•~crtgaged prcpcrty, Pius taxes and a ~=ss:r•»::ts rest due <br />\m the mortgaged property (all as <stimatetl t.t the :itor(¢ageek less ail sums already paid therefor dsvided by the <br />nuttt6tr of ttturths is elapse @etasre +=ne month pror t+? the date when such ground rents, prrmtun:s, taxes and <br />a~ssrtenis wil} brctxrte delutquent, such sums to br held i;y !4}artgaget in trust to pay said ground rents, pre. <br />tuittrrts. taxes eyed spe.:ia} a:: ~:'.estts::;nd <br />{c! Afl pa}ments mentioned in the two ptexdmg subsecitans of this paragraph and a#1 payments to he made under <br />the note secured herchy tital{ hr added together, and the a¢ttregate amount therfot shall he paid by the Mnrt¢agor <br />taeh montF. in v ;ineir payment to he applied by the Y,oittagrr to t};e ioliaw?ng rterns in dte orders forth: <br />lt) pitmsum charges undfr tRr ion€ract t,l insurance v t(h the Srcreran' of Houstnt= and f irhan (?evelupnrrnt. <br />..> t~on!hty ._hsrg~;n ii>'u .,r xr,=rtgave trrsurancr r'renrn.m;, as the case may hf; <br />ff}l r,TOtrrld amts, taxes. assPSSrrifnts, firz and ~nhPr hazard insurance premlwns: <br />i l}}f tnttrest on tflf Hatt serttre%} hereby', and <br />{f~ f .unvrmatton t,t ehc pnncrpat of ~i?l roc. <br />1uy de}icieacy ttr the amount of any ..uctt ~ggregatc ;.,,xrt(h,v ^avrtfnt tltsit- utdrss made getxl by the Murt> <br />gags[ pngr tc'ilte due date sf tht trPxs such i=a: n:ca:- .~,a;at*.nse .=n c ant ;.~ Jelault nodes this u:oetgaee. 771f <br />A4tirtt.€ may csliec# a_"fate ::}:argx'_ teat t=, exa-cil ? -,a cents tog) !trt cash .~aGar {S! i c,l each payment mots <br />chart fifteen{I>lrlap's in areas to aver tfte cztra cep:s+,• :;~i~„tae:! ~~t itaJtdfing deintatlent payments- <br />, '}'hut if t}te intaf of the parmtmt= mode by the tk=tt~;ttzur tinder ~' ~ ,%t parx¢rsph ~ pret'rdine -half exceed <br />rhr aemrunt of pavtnettt,; tu•tuatlr made 6r t;te E}rart>tasNe fi,r ~•mand earns, tare- :md a'wr~e--menu yr insurance pm- <br />miuaTt•'.:t< t}te t°a..p moo ire. ruc}t exec45. if tltt ltxin i . i:urtent .iz the upttat •+f the- Slurtgagar, she}} l+e credited ht <br />rtes ilnrt¢agre ten ~ub~eyuent paytru•nt:- to trF made by the Oi,rrtCaQnr. or Tr=Yunded u: the ylurtgaguT. If, however, the <br />t*tnnthiv pavrrrrnt~ made hr rtes 4titxrtta¢tr, under : +-; of paras;rxptt -' nrr:ct'dint .half atot he ..uflicient to (rev ;;rtxrnd <br />rrwrt, €axe~+ and s~+.Yw~-mmn~ r,K Ensttrsncd prtimturar.:r~ rhr• rs~r n::%c t,Y ,ihrn rhr• -ame -hall become. due and pav- <br />aAle_ t}ren the 5lartq~ar .hs}f par to the ykn~a2er° atn :%tetrunt nr•rstr-an~ to n:sk%- up the deticievtcj', nn or beture <br />rhr• daa> Ktts•, p.ttaent of -•ix•h %mund mnt~. taxer. ;.-~€~»me•nt~ ire ,r.>urance pn~mtum'; -half he doe if at soy <br />tinny the ttnragaarrr YRafi hmderr to tRP tlnrt~attee. en arcnrrfanct* ,M1tth :hr yri»a-ti)n^ of the nut<• ~eeured ftereby. <br />fuH nagenrnt of ttte t•ntin• lode}Hedne>"~ rrpr:•=e•nt±~d €hnn•ttc. ahr i9crrtdapc•t• ~haEl. ~n aamputine the amount o€ such <br />i+odebteeinras, .zet#it to tltc sccaxlnt .•l cttr 34uttgatrur a.' tsavtnrrt[w rtrsJe .rn.}cr dtc iziarts:txrs of ~ -; o} p.tra,Y,raph <br />herc#nf which the, t'arrtKakea }t~+ Herr M' amn .%bfi{;ated to par, to tb+, ~ecral:+€. ;>d finu>trg and l'rban }}ccelopmc-nt <br />:;red €k;t~ halsssr•e retrtainln~ ~n the fund- ;aa~t'umulatr'•d under (test pr,rtt~-~„^, ,>Y - -. of pareltr;Tph -? hert•crf. (f thrKe <br />shall la+ a dr•taait :3nd:•r .uto .%# (hk° prn.t-.tram t,f she.. ;rtarttrsrt- r.•=uftttrtt t;t nuhiit -aft.. f (he premi-e- c'ait•Te~a} <br />Rrrebv. ar if the t#urt.@aer`+• .,e'zfuirc:= the prnp,•rty <:theru.r-r :ttJC•r iiefuuit. the. };:rr[i=a__==€•<• ---hskf .apply, at the time of <br />the- t-r+tnmena•rsnt•Trt t,i -ttc~tt {xrac~evd:n~}.:,r sr the time kht> „.nlgrr:•. !- „thc•rut-a~ .scr{aired. ihr h:tlanr~r then remain- <br />ing in the fund-- accurttrrlatrd under: %%f p;~=raph . pr:>triin:, ._. ....:•dst :.ksin~t .hc• n:usn: „f p.^.nr:ip:tf th!+r. <br />rem~ning unpaad under -aid auU•...nd =haft p;ruperiv adtust .uts paymwet. islrech -hall tra:e ;xa-n made under ra,' <br />tel parrgrspit ~. <br />Fi.i! '7?t l;<nrt 6~}et Vi. =:i\ };T•-lino '~:ttE i:„}a-~. -rapt- iii?~. -... :rC`- --il[I a,t ite7 _ iS4rt ^:ntr•ti:; ^.Jml:~ ~~ <br />,::iirt'S `_.- unto. +N S•t+.pi,.i#Hx%tt -_lrrh trhn [.,tt: Fxf,)n i5:i• "t i tx'.P ..cti' f!rF•' tt+r#ixr c'.: tll ~ tlr(_tU i the tC<'t (irf 4Ic,tlt;agrr !n<t 4' <br />j?:ti is t' zten..:,,rd-ti:itt}:C 4ltlvi;';3Li3r 1. t'. t--,.~r_e. - E---2[-~`i-L r.~Li% Y' .r Ft:r irf i'-rt:;a2rP. <br />';?~. \.t ,_.»~ - ,,1, ~. ,,r -.;xea n.~n "taM1 tr -: .-;, -. iic `t +iw-gc^~> rntcrrtt tit . rd rc .i i-~i:%te ;,nd tmpror r~ <br />,ntnt4s....Kl rs Rrzf: m,.. r.e (tv:ec upon ?nt - 7- : t:C.sgt r ,.,c irer+t ,..~..,rcu hP,..n z _ .. c %c, i ,,,. , ; %-i„t:.•-.. <br />rtt t=y i.:M and t~ntt !,- ihY ta(cn( -n;i( ~. Ei...=r4 -. , ss e . ...... .. .. .. .. a S<t.1:..,.t...... .. .a...~ -.... t.':te • ' i ter:.i~. <br />~r+2•i,..,'„#t,r:a,~-C ,:r:f ;l;;'#i!z 't'.i°.'"J'. ,... ..-t Rau:[~~~i ~.: trCnt wttl: lhi^~I nst L',aY¢t. {`-rtif%~"nnritSfthEii3ntler- <br />taksrttr. sa .t the ',t °r tp;,zat=>r t+ a t ,iti6tttu i`, ..,.c .su r=,•k ,~: !reFe....., .. . ..ns fr,srn pa: in{t the x fitter i+:..:t. ; ,rr to-rt i•t i hc.di,re- <br />lau# taxed, rx tzpnn the rrnr#trmg cH rzo +mterrtr; era pr%ihrhtnn}; the ^ai=rter~ hi the itaK[Ka¢ut ne an'~ .u.#a (aaee. ~ a if -inch lea <br />,,r ~cTrt preM1='afet that .t~t.:.,ma,unt ,o za:ir.} t=t' the 3#%~rr~.--agar .h.-ils he ~rcilnee ctrl tt;t r~;;,rt~axt dater. the tlurtgaccc ,h,dt t;a, c <br />the right W itkr merely .ia}. x.ntten Hatay t,+ tlra t*untr ui [Rt ,r:c,r(e:ittrd eremt+r., lcgnrnni the parrrc-n[ , . tF:c ntor(eaee <br />Fteht.Ff;ucitmr?tcc!~rt<even.(?ee,asd•schttiha:-Ifv;ctameslus-?=sti:=hfe;,,,de,t?Irctihle ~t?herapnxtiun<=f,,rtaamett:aa}• <br />•. lft;#[ shtnrkf h=e .`:%zl x: pea :=nt aum i,J xcr,! ::ny::,~, e^.;vat ptt,s xte•3 f;:r ~r thJ, xf%utC.agt. then rhr .Itxtgagcr.::t Ill ,gyp. <br />tour smay {*ay cu per#txm tht same. stal a!7 rr,petrdnumi c„ matfr .haft he added tr rhr prtncrpai .urn Doing un (fir :th!rve note. <br />areal} Yet Secured 1trreFr ..:au .kaa1:' #i ~ rrterr>7 at (ha rata ,tt ?: yin ua trve antd ,>.*ta. ur.trl pl, Kt <br />T}tat }re hrretry asscgu:. Y;anrttrs :an3 ,e?s ~+.rr tt+ (fif Lfiarttragtr. is l~>c spy t:rd tnuard enr phytntn? trt the note uad =tfi <br />sdnii afF'tirta'1 hfr>t+r' rfl i:it.t ==f -~ :3tfaull rn ti:e ^£Ff.'.`,:.a:nt ::t .:n: ::( !'`X ttrn+., .:nil : [SeIInC>nh <~t toil \IL,rt C:kE`t ••f (#ff ~:%1c1 <br />ntae, ztf thr~ r=_nis. rrsanue+ .,ad Jnrernc t..i he dare; ed iri,m ih>";ctortt<e;_'rtsk : romtst, du^nu au.?? taint ._, the m<s rcagr +nnehted- <br />n438 slxall ttrnatn nrltaaui. :ana [tit ~2tYPtttr~'tC ~fi:tli ^.+it ?`t~`xtr t.. nP~urns .tx: .,tLeni+ :: [[seeds ti .~ >t.4tic ~.. fhi- i:ur~-i;tc ; . <br />Ft'traznna .axf prtmr.t. and.=t ?enitrtg the ,::lac' end :tatftcnng the r'ni.- rx'.tnuei ;:na :nx'ttmr. ~,n:f tt rn:ir p:es , of la„S m- <br />coetrts all rs~en5ed .:# Te artx.-a~ z:srd nrrrtenr+ .=~~ n^.ctssaTr %.csmtr(tss>'aes :nxt r\t*rn•,r• nrc'untd in rent[ttg t:nd mana{!mR the <br />*aatt :znd tH ct>}~it:trg rtnutl. ttterttrc±m; the Ixdarzct rtmatnrnyt.:f :iny. tt+ ix .%ppitrd t%,uard rhr dts:tt:irue t%t .aid mt,rig;tgr <br />indrtbtedutar- <br />tt. -61~t nt r~'rlf keep trAe Empruvements vaa;. ratsHn,L> sn '?<:•.'_;'et erre.ttd t•rt tilt :nt%rttT.tgad ptoprrty.:n'auced sa ma{~ he <br />iEia:t#tt f:.^trt Ilene t3tnt ^1' ttY ~,tLrTl~.n°.~`£C . y o;r2=_t i.! I.r. ..:h!3 „i?3rt h;t2 i£EI,. _.<., - _ .. it% _.~l =Ft~2nt.si :r ; , <br />amiaatttttatrd fzs-3rrcit irt*t=tdTM as maw }la rtquirtd },`. Itx=,t#attttaKre ::nd ntdl par ?*tamnn:..htn atea.:.no pTrmtuura „n ,uctt <br />e~ pr€rr4ciafr tt,r pavmttte yet vT}>:~h Ras tart-htrn mad[ lrrretnhrtort .#,ii r=e:urana~e ,httii t*e i.unrd m tt,ntpaneey ;%p- <br />y,rnsed f?ti• t}nr Afttrttet' anti the {trsirciez artd rentwafs tharra:t .hate hr ttrid by rot s#,xts,,~gre ,ind h:,rr ., rt:n t~e%.l thtrft,r is •a. <br />p.+> xhk eta>n€a to fa><rx of and iu form acceptahte to rhr 3Soresattee. In ca-ant t<t E.,,. ti,~r: u-ru=n .. (;3 rn t tnunedtatf nt•uca• ki <br />tnari :ct tRa-~•t~r{r. a-tna ma) make t: rtx,} =.:t ?a,ss of aot rna:ie, f=rc+mt+t.~, hr' ytnrtg.%gt,s- .:nd ea.:h msur:vncc t.+mpan~t itm- <br />z trt±sai i~ fresh; autAaetrrd xrect chrer:ied to ntakt tsa4menr tar sucR tvs drraritrr tea the lton>taLetr tns[ead t,t to tRe ~f%xigattur <br />.loll #}~ ~ }tAr:#iY. «nf# tt#r EnYW3PA't ~r474ECtt5. Ut any IS4!t itMtrit.:"t:il tsr spptltd t'+5 tilt ~#s-trty;'iy,Cr :it ill atni KFn r.tnCt <br />t3e.rfieettAt:tii4Dr ~ ~Ad'i9M}ttttR"djtC 45 tMt'CbY •~tCAtrtij Or SSt t}iC f"E(tisra(rfm tY tCplii nt thf ^T,atac Pl-\ t~amd£Ctl- f'.{-f Yen( Uf TtSTCfFta~ <br />•-~ .er•at4€rirsas€ert~#?s~ztts.t'tensrertrdt<it~rrtirnrxttregtttohrsentiat€h~irdttotrdrtcs.s€~uTCiihwehr. <br />-'-fl =: _s'~ ~trr =_? t}te !d-_.:.,~:t;€.r tr an•? st: ;ns rr,:ars'r•:as ~:f~,fv .. - ~ !tall rats t~, ahe *,.iotrh;fsfr ;,r ;:,iamte <br />'r. -f3Tat ss,er~#rteaottaf anal c,:+ilvtara# xe.:rarity Itsr t#st S=ay mrni %rt rhr n.ttt tort: r:k+rt, .:ru all a-oats tea r'tct,mf dnr under this <br />!ttadite... rlre ~ tlext~ar asxt~tx tc+ tt~ '<fcxty,~ex +tl proRt;. resrnuts, r<ta:+iir^+- tighre serer tserttht+ :.ccruuttt ?t. rhr <br />'~trerzppnatri gtttdps-slY- a}? txa arpf pa:± )mssp'x «n aatd nranrttea, ixtrh tht rs>F}tr t<[ rr;ric a .eta) rccrrpt f=at the ,arise :md :+pplc <br />rhr-•~, 2.'_ =at~4t~+#tnint3g;rfi ~tttt #ke#~t ns ~ittr de#sai€ nn the <.tarrt#a#tona :•! tfit-s rnciits :~s€e -arse t1tC 'C#cmtF-a~ce may-,Ierx:ana7- ~,ta <br />., :~ -~..rr;; wv .u4}%n±a fl7a`bt= -mt+~n '}n€ ="td ;'4~':-~.~. S'°tt .fi iEt {tq'e: '*r e 'r.i ..e., r ht's :tce.~tvmnt e, tie Ire.^.nn',-1[f <br />•,ru#$~.-.c~tw extol ancd o-„%%f ir#-~.rt Tes'zase rt tf:t•s +r:;,r#(iags'.: - - <br />tttrll,rt~t44M t?t-Y@t <br />