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<br />(~ "~ ~ ~, U [J ~ i t 7 month prior to its due date the annual mortgage insurance premium in order to provide such balder
<br />with funds to pay such premium to the Secretary of Housing and Urban Qeveiopment pursuant to the
<br />: 'datiattat }lousing Rct, as amended, and appiicatrie Regulations thereunder: or
<br />fll3 if and sa tang as said rtate of even date and this instrument are herd lay the Secretary of housing and
<br />Urtsan #;<~veioptnent. a monthly rhar8e (in Ilea of a montts¢e {rsurmrce nretaiuml which shall be in an
<br />amount equal to anr•tweifth #t?!2? of tree-half (t/2} per eentum of the average outstanding balance
<br />due ran the Hate computed without taking into account delinqurnc;es or prepayments;
<br />iii R Zitiz tcduai to the ground rent.,. if arty, rtexi due, plus the pretrtiutns that witi next become due and payable an
<br />policks of fire and outer hazard insurance rnvtrina the mar•:¢agad property, plus taxes and arse-ssme ,u next due
<br />on the mortgagett property (alt ar <~srirnared bt the ;}l:+rrwxtta% toss all sums atrcadv paid thergfat divided by the
<br />rtumher of rnrnihs to elapse liefiare nne month poor to the date when ,acts around reins, premiums, taxes and
<br />asst~ments will become definquent, ;aria sums to tae he}d by Mortgisgee in trust to pay said ground rents, pre-
<br />taiiuns, taxes and special aS3CSSinrnta: and
<br />{c) Rlt payments ttaenttottrd itt tttr two preceding subsectic+ns of this paraEraptt and all payments to be made under
<br />the note secured fteretsy strati he added to~ther. Bred the a~trgate antounz thereof sita[l br paid by the Mortgagor
<br />each month in a tinge payment zu he applied by tttr 4lortgapee :c the o}im~mR teems in ttze order set forth:
<br />(fp premium charms under the <e;ntraia <;f rn~r~trc w€>_h :he Secrrtarv of tiou~rsg t•nd tlrhan tJevrk,pment,
<br />sac nmuitrty :;ttarge (err :feu ~;J trtvrga2e tnstesanee t;remfurrri. as the earl tnay be:
<br />i t'+ gtcrund €rnts, taxis, assessments, fire and rather hazard :nsuranc;r prenuums.
<br />rill} inierrst ,sn the n,ase sreurrd hrrehv, .and
<br />tfiit amertiratian of-the priucapaf of satti nute_
<br />:arty deftrienry in fttc amount elf any such 3ggrcgate +n.nrti_!4 :aav:nrnt ,t:atF- unless rnadr good try the Mort-
<br />gagor prior to the due date of the nrx.t c+.rc3t pat ~:,;~.~s .-_ : s..tute art rvrnt =.? ,Iefat+it €+rtdr€ stt:s t sc:€tgage. Iltc
<br />Mmtgagre may collect a "fate darer' noz to :~xeer:t r,:;:+',cnzs z~zti :;x aeh dnhar tS t i of rash , a_vment more
<br />than flftrrn #t Sl days in aeeas to s uvrr *fte extra c~=,rrta..- :n:~,siu~ed m itandttn}t cfeimqurn! ; ay:nrnts.
<br />,. Thus if the toter oaf tlty pavstreni; mat} ts4 thw ikxt~a~c,r t3ndt=r rtf tra,`a;reaph ' pePrr•tfin~ -ba}l exct•r~d
<br />rite aus,unt trf pagtat~ti= ac{uallr made by rite ak.rtga~cr for -around rent. tsti€•~ and a~-e~~mtvat~ ur tn;urant•e prp-
<br />tpin>~ . a~ tl:e* c-:4 t• may }re. -uch excess.:( thc• its<m sy t urrertt.:tt the <:ytttxt of the attxtgugnr, >,hal! he t•tedited ov
<br />the 1#urtRa$c~ on -ui~->nyuent pa~mt•nt- to he mad,• b. tht• liortrt::ttror. ur rc•funde•d t<a the tit,rtka¢vr. tf. huw.•,c•r. tht•
<br />n+c+ntttiy pxe•ment-~ n~efe hn~ riar Nc+n};agc,r under -. nt ;,.,re¢r,~t>h _ ruecE~rng ita{I aat be suffictc~at to ~tv ground
<br />rent. txtcra yttfi a_•sta•x:taettt.~ rrt tnntiranre prr•mtam-..>- the ....._ !fret tie- •rht~t zht~ -amt -trail bo-rome due and pa}
<br />ulrie, the=n tier akx't;o[nr =frail pas to thc* alnrteattee ant xmouns nacc•R.an tc, make up the defirienrt, nn or t,efare
<br />the dau wfaert Daytr+ertt of wut•h :muttd rent-, takf^-. a~-•r,-mrnt- „r rn-ur.itu t• ptrntium> -hall tx• du,• If :r! :inv
<br />tl~e fix. aletrigagor -}sail tertdrr to the-, air,rtgatme. in .xrrnrdanre with the prr„z-t:rn- sal the note "•r•urt>tl hernh)~.
<br />fnif pattaent of the t~ttt}rv indeMedne-~ repm-entr^it thrtE•Hr. +tte Stun=apt-r• -haIl.:n ,omputine the amount of ,ta t•h
<br />irtclrlrttnfrsrs~, credit to the- :ttrtxrni of :ha bortuagar .t}I l,;.rmc-nt+ rn,ntr tndc? the f;r:rs t.t,m:, ..f :::; „{ paraftr:t{~t .,
<br />#ttrrnnf trhich the alfxt@rt¢arr haa. awl ht>,t~ouee nfrli;eated to pat tr, the ^e•t~rr•tari .:S hou-tnv :tnd t rtaau Devett~amrnr
<br />etrsd :mt ta3tanrt= rs•taxining ?n ihF funds arcuatutatr•c± urri+•r ;hr• ~.rtrr+-+,ar.~ ;.f „f ;axe<st_rvph ' ht•twaf If th<wr
<br />#eali be a default unfit attt 'r£ €.he pen*intnn~ ..f ttrt~ mort2~., s«-stian~ ,a a {,ahia~ -tie :rf she pmm+-r•~ cutert-d
<br />ftttrrtsv, ar if the alrat[$a>;er• aetptire~ t}+e;aropett: =rttterua~e• ,.{ter ::c-fault, tit e- tt:,ra*ayt•r- -#tatl -,ppt,.:ti .ht^ !ime• :+f
<br />the e•rttttratrnctvttertt irf 4ut•h r-nerta}inL>.:tr ai the ttmt• the tarap.•rtt +-.:,tha•r::+-e• .ta <tuirr~i. the- *tat,us:•r then re•m.ain
<br />ink in the fisrtdt-: aerumut and under : of pan..~r.=pit _' :srr-t-r'tisnz, a- ; .-rc•dit stta~ea-f .he amesunt ..I ;ar?nctpai then
<br />rt~airaing unpaid tmder;ard ante. and .pail rnxparit tdtar~t ,nt ;a~:tnr•rxt- -+harn -hall [r€.r- t,c~,•n meet+~ .tnd+•r ..
<br />of pxr.;>gr:~3h !°,
<br />- .. Ttaat the ~t,.trttzti?te*t ~»t;' er++unzt •,, .• str~ .:swr•ttrrnt. .+..trr ~.str-- .:nd ~thrr ,, errmrnr__:; . , ^uniiti+ri .
<br />ihargr-x, irne,. ,>i +€n~.vstikant, t. r ittci: pre•, n:ur it.a .,.t hc-c+..,t:ezie :eret^h. t. ~;: ..te'::,.IS s•,rier:t .ht fit.-ri7;.cr;rr ~ rat
<br />• `4 T~ tta-tCat u --. tt ,. _.s; 1- +:t.~c,-- ha - •n.t ~: ,z. ier aerl .t*e.r, shC '.i ,yi;t: •• rzte~z,s :n .rte; c::i c,rn[t .:nil ~mpr:r,r-
<br />rnrnt,, and ~~-Nett ma) t~ ier-cet; :: ~,+a tna. - - -vale - e rhr dr ht -- c,_~xt t;rr rt: ,hcF -~nft ic- r~~ etirnr?!;at -urh r, Brut Prnhihat-
<br />ht ier :znd ~=nt~- r„ r~ :-atent tta:tt .a;;h -xi ; :t,rt :•tsirc tht, €..~ru .s-uncut--- :^-ut c+:tud+nr; :.+nr +n...rsir s.+-,. >tetr .,r i-rzSc r,,i,
<br />z€n#,oxrd rsn *.harte:.-...nd rt(+. tt:e rter :•rft~ s.: 'r,. .. sr~ °;,- h ;°a, r:±,m ~}tth the Of,.rtftaece t tx,n , it.:lat+:rn :,• the, ,}ntirr-
<br />tattmg. cK sf the 'rlortf;agtar +s ;=ra{tt#sttrd ~ ~, _ .. r itrreatser :-t+,ttn_ r. h~ :st tag the who e .;a :rite tertrttun ::f the afore-
<br />;.+idtazes,cxu}*<rnihe:endenaitc•Y.,e..~,.ur„1e:icr::r,:;,+ta:it.r?~th -~tmz°nzn rftuSt,=rzgartos.,run„ttchak.,.:rcii.uch+nr
<br />cv FiS4der prr,t-~~ tt~-' ..n4 a€tt sat , s naact t+. 'h€ .t,yrt s-•~.,~.>. .h:,. `'_ _ __, z:: tf=.e - - t•t. ;hr \itsex~~rr .hall hs:r
<br />the nght zt> yive rtinrty aaa; ~~nurrt n;.tsrr +,• tt+r , .. Her .•f~ th rcvtrstz-ru ;.rrmtsr, r-autung the ,-:. meat <.f zhr rnon~*-age
<br />drt•2, if such rKatsrr F+r ~~trn. the ,.ad dt•ht ,h_ti ?r, r=srr _ur. ,7a:;,,hlr : nd .:slle_ttt+Ie :+ the rtpv~attc,n ,r4 cud mnen dao,-
<br />h S'ha! >-hou3d hr tad to ;sal ;an} ;um <v kern an; ....t .. ~ts.r ;?r;:. te?ru ':•s ca tht+ It urtgsxr.:hrn the ?.iortg::urr. a? +t, etp-
<br />tu*rt. afar pav <x isrrform rite ,ame, a»d ati cxxiadaturrs :,, zas3c^,e ,haft hr :,ddcd ter [hr pritcipal win ,rwmu „n the :t,<avr Hertz.
<br />sftat} hr ,e:cttrrd hrrrbt . arrd'sh,;it czar rnzrre+t .rt the r ate ,rs ',>rth rn the •_.:td :tote. unto _^aid-
<br />Thai tK ttrrchs assrgnr. transfcn anct uric .,. er tss tttr 4lorgagrr, t/s Foe :rpptiett toward the paj mrnr of the note and nit
<br />utrrs =:r:'urc:E isetrtrp an ,air .;, , drtan:t m : ~ trsf.~r n;;.r,e .sf :,ns . + the tcr-n= .<na +;rndrhnn, -:( this '.lo~i{:tge ,:r rtrz ,:.ut
<br />rtz,tr. aft the rrntx, rccrrsurs anr~ tna,me t,+hr ;iesstrct frr.m the etc*rz;ed nrrmt.et dunag such rims ::> the rnrrt~:t;e ~ndeti*.ru-
<br />netas st~ii rrutain untvtrd::.tut the 4lrtrt}trt ,haSf h:ttr ^ewrc ?.r nw potnz :,nt .:aunt .,r ,,gents n ;Hat dr•.tre f.~r the ,,^urtr."r of
<br />tFiq~ ti+it) {r7saJhier3 ~trtt i'-f 2rtitng t3# 3:tmr :zi ~eitrritnF rite 'rat. err rnuc~- .iruf m~,ame. _n.] d ;eta t- pat out ,r£ .,aid an-
<br />Ytatcs art rxpenr, a{ rtisatrrtt}} s;:td prrmix°, :an83 ~;rrri..+rs :.;±mm~sturs= .srad rxpen;e; +a; arced ir, rrnztng and lrtanafttng the
<br />+tadn2 and zaf =~tlletitttg rznrats FtlCrt{rasa: its; f:st,tatnsr rrmatnrrtg, a# any. ter t+r ap~i+rti ter:: acct the dischar;te c+a ,:atd m+,rtf,;yte
<br />?t:. `IlrDt ine w'iit KC'CL'a the tneQrt3R'et7arnt; tar<p riti4tnC -'r ttert ;fief etertC+! t.n the meft¢astrd ttrt?prr2 t'. in;t#rt'tt ,iC mat trC
<br />rcrd frtxn ettne to time t+a the tfurrgater artatnst t;:,s h. .... ani ,stt7rr h;t~ard,..asuaiur, <+id ~,rntmgerrtrs m vtrh
<br />a36q;ai'~ f,a sutfr prrit~, as mac br rrt}uvrd fsr the 4i tvtgaiFre nJ r sil , :rt er.,mszlt-, '» hen due.:,nt prem+um, ,-.n •.u.h
<br />- ~ i+rovisn~ {art ,aytrtent rtf s~faich foci; trtar Wren made herrenhrirrre 0.3t srtcurar:cr ,hay? t+r ;;arnrtt !n ~c,strpunae, .~n-
<br />¢rx'rvr~ i+y rfrt Mcar~aee Lttis"f rise fsr+tetr> and tatecu zi; thrrrs=t ,h:r.i Wr herd h: hr \teng:itti-r .tnsi h.,vr .toad hrd thetrte, ,
<br />: pa~a>7~ c}a+r~+e* 7tl {xve,•- ~ acrd tti Yr_~rrn aisep3ahk to [fie ',SsrCg:~rr to r vent af•_=, . 'rhxteastor v, rtt r:t,r +mrned+atr ne,ntr hr
<br />tC+th~ Mtut,re. wttt+ cast}~ tnahe Strc;,~?{ „t }c.a.:f n:r€ matte prnmgtl•, M~ 'ltangaga>r..rnu c-a;. t? in,ur:,n~r .ctmg:snt ._:sn~
<br />- cetraad ta-htastit>~ autlxxr~a :iii dirrrtrd zo crake nav.menr fc=r .nch tuz'£ dirtctis to the ~d,utaattrc tn;irstt n# to the '.i++nrra~or
<br />._'p_~f1t~ 3#ixlt ss>-saitp-.~wi :hr ut~satsaac:.e ;xtx~eeds. .•r ant part titcsec=t. n-r;:s t+z app{tcs} ht~ the 5is,rtt:+~eer ::t tr, ;-,r+tn,n zuhr:
<br />t~t~=~stwn~ftfte-itagi€1ltx#5[retttcrccarrticutathrrtsttus€ftttscxre}Sair.t{thr;amt+erttzianto?tr.!.inevent.:rf+=rr~3tr.
<br />tdi'ttiltx~~tax idi#FYtfit~'illrcrf iitt€ u3 ttir s°tttrtrd;rt+artq s.~sexttrgtttvttr° -.t ttk<. rrf•rt-s:rte .~r,°.; *<re'
<br />l feid, inttnfid ss~r~st es€ rtx +#r»tF~~t ,n sonar w ana =nzarun .e t•rit~rts ilsrn ra f<=ri e ~ _i? ^a+~ ~ th•_ t•oa: ~ _,rr =x t;€antrc
<br />~ ?"ha,.ex ;iFhans::,ttc# c=-,ttarrrat zezutr~t}• four 'rho naement «€ the n+~r dry rr"stru :.nd .,.. - .:, t,. r,r: n '.ne :. ,., !br.
<br />t?a;rrrotpra;r r~ M~su lrrrc~he :csti#t'<E Bo t{~ M~rt,rasc~ .tit i'rrarir:_ aeveauet -. +..-a:r,- :tit r : „ - _ -,-, ,r,zri , t>,:;
<br />'atttsr4-~ttrCr tc>;tti•.t ~#3 sit s:fi ;'Lrt#i y~'f tr~Lefi .;r, >,.~ ,- rritr+rg. -x.ttt iht -ttht -. .: zr ria-i ~ s :: -rzt . ee :•r ,tp=,:t
<br />t#? t~. ' +,tst~.sx as ar## "~f:r ax ~ltrr zr'.fvtitt ire a£x .a;°tt:tt,~r:ai ,o-i ,4a ... ~..:', ......,- .,v~z• -t 3: rt:..., arf. c .
<br />d~ ~rra4 ,•a atx?s~ ~-a•.:lx Y~vr~<ac~n3s -,v-Ken -t~tr :trdtl ^,.a}-ataFr t, t•_ lz~a,. a.u ?~ .,...se-~ ~ .x ~,r,ttin-amra .- :, trrrt+re+te
<br />;at# t'~;~-.+ztu ..sort ~_~at a,-,v+3:ziarri r- teaar :.# ttat~ r?srSYt~fq~5
<br />. .?+6:siA frt. `s1+
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