|
81-iJr~255
<br />(1) month prior to its due date the annual mortgage insurance premium in ar•ier to provide such holder
<br />with funds to pay such premium to the Secretary of Flaucing and Urbart [kvtlopment pursuant to the
<br />National IEousin$ Alt, as arsutsded, and applicable Regulations thereunder: or
<br />(It} If and sa lo»g as said Hate of even dart and this inatrurnent are held by tht Secretary of tiattsing and
<br />Urban IIcvelopment, a monthly charge fin bete of a mortgage insurance prctnfamJ which shall be in an
<br />amount equal to oast-ttrxlf€h (1/FZ) of txst~talf (1,<1 per centum of the avera~ autstattding halante
<br />due an cite Hate ctxmputtd wrtitaut takasg into account delinquencies or prepayments:
<br />(>sj A slam egtta! is the ground rants, ff any, next due, plus the prenuurtu that will next became dtu and payable an
<br />palizicx of i'trt and ether hazard insurance coveting the mortgaged pranerty, plus texts and assessmentx next due
<br />on the mortgaged property .+ati as r°ttfrnater7 by tP[e :Efurt¢aRe@f less all Burns already paid therefor divided by rho
<br />ntsmbtr of months to rtapse before cute en•-~th pnut to the dale when such grcwnd tents. C>terydums. faxes and
<br />ssstasnsents wiU tztezcxnte delinquent. such sums to be held try Mortgagee in trust to pay Ban! ground rents, pte•
<br />taiums, [sates and special assesstrrents: and
<br />fc1 All psyrtttnts enent[otted in the xwo pxezeding sutnecrictns tH [his paragraph and aFl paynronts ra 6e math under
<br />the note securtd hereby shall be added [rrgethet. and the aggregate amount ?hereai shall be patd by rhr Mortgagor
<br />each month ut a single payment to be npptkd by the Martgpget to the fullawitsg i[ems m tht txdtr set forth.
<br />fF} premium .barges undtr the contract trC enxtrancr with rfir Secretary of Huustnlt and urban ikvelaptnent,
<br />ur rnanthiy ~.harg~r ; to Iit7e ;, f rnr,rtce urruranre {>rrrtturn,£, a. the case may he:
<br />t Ftj Round srn4s ?ors. aaussrnrnts, Lire and +rther hszat=l insuranct prtmtums:
<br />tllf) tntrmst on rhr nzrtt teatrtd hrtrhv:unc4
<br />flirt amarrizatton rrf the prirxutpal of Bard nuts
<br />~Ury defiretu:y to the amc.unt .d any xuzh a~trrgatr monthly payment strati, unless made gaud by the Mort-
<br />~got pnm to the riot date =.rr the nexs such {~.,;;nct;t. ,~.!strtttte an rsmt u1 cietault under ihisrnoripagt. 15te
<br />Mott~ee [nay cdiezt a "'tale eharec•- not r i exceed t~*t:r .eats tai t;,r ractt dr,rilar 1i11~ f eac•tt payment mtxr
<br />tit;ut €3ite 11 ci dove ttt arrax s.. ec:-rer zhe ; xtra eit~etr.- ;;rs:dved rn harxlhng drtmquem payments.
<br />Chat tf the octal rrf rhr pavarertt.> made bt rhr 44nrtxaEVr under - ~ ut psra{ttaph ~ pn•rrdin¢ .~hslt rxeetd
<br />rhr atertsunt of psr~tsrnt- artaalh made by rhr liartstaFer fur r=errand rt•ne~. tatr~ and a-~t•~-!mrnt.< ur intiwaner pte-
<br />miaMtri., a_: rhr role tear frr, ~urfi czcrt:c, iF tE:r 'ertn t..vmrnt. ,rt thc~ +,}xicxr of ttx M<xtgagw, cltall tr credittd tn~
<br />cht• ilortre rm tiubKaJtrsnt pstmrntt !,r tx> made tat tht• btort¢utytx. err t«'funded ur ihr iksrtgsttor If, trOwt•t!'f. rhr
<br />rrtrrsttltlp pttymrmt. uwulr tar t#tr AFastgagrx tr+rairr `; ~ri Fruakr3pt? ' t.rrccdutr ~tratl Hat f+r .uffictznt ua fxat grtxtnd
<br />r+rut. lxrtea and swi~.u+-hs<tatwtt>• ar enwrttaauw prr~tum-. ay rhr +;r..«- mss ne ,sham :#rr ctmr• -hall hx•cnme due and par--
<br />ahiu, thrtt ittr ilart~;vr+tr` rhali pav to rhr tEangat;a~f• any amrwnt Her r-man to atal.r- up rhr drfirirnrt, rn or trrfnrt•
<br />rhr dstat erhrn per°taritt of ,•eri[ gtnund r+mt:». taxr-, :cam-r=~-aa-nt- ,r +n.ur:tnrr> pn•mruro~ ~hxFl ire ,iur FF at aav
<br />[;ter thA MRen~a{tttt -fialf tender t.r the ii+rrtx;a~c•r° rn ;try~tganre Kt,h t}tr Einrtr-i,rn~ rrf rhr Harr ~rrtntd beet+ht.
<br />fttFF taayttst•ttt of ihr erecter indrbtrdttr~- rrprr+•€rntt-ai ;hrrrfit, rhr litrrtxa~rrr ~hatt_ in t'axrnputinr tErr atnaune of ,:urh
<br />rrr..lebft'elrtess, ~rt+~it tta rite ~c.s~u,•st cd tJt€ `+trtrt~ .;i; {4aYmemr. akacic u[>;it;°r t"e t+r+tYt~etatty crf ; ~ of pvagtaF#t _
<br />fic~rof which rhr ilnrtgagee hay twt F,t+:-came' cbti~axra ter pct. cry rhr '++>ere•t:tn of FEti;t~tna and urban J3a°velta¢rneens
<br />an} tritsstt-r• ra•mainin~ en rhr rand'` Syr uenutars•d uneiea the f#tnst-r~rnt .,f ~ - s.2 par~raptr S ha=r+'tsL ff thrYr
<br />~dltsl# ter s ttrfaeft under ~, :.'. t#r pryst~tun~ zrf zht- ~srtsat;r n--uitrr~ s3 a puh[i.~ -atr•+.f theme prrmi~rn cusrrrd
<br />teq, ar if fltr i~+r ~ce~tirr~ rhr {er=~fu=rt. rrth,:=cw€M+~ .+;t.•r •><•',urtt. th.• ikrnt!a~rY -3rati applt. llt rhr time of
<br />rite rret~enra~tet~rt rrf -urh prase-erdtn~=. +er at :rr:= teats= rhr t;rrun•rt+. +,tirr•rr+i-«• aryttrre:t. rhr• ttatatrtr [here rrznain-
<br />inp rn rite imnd~ ,rrcuesariai~+i trndr:. : ;d rnaratrra;rh ' pr+•y ¢-drne. a. a r evthr a~artx'Yt th€* amrruut at pnnripsi thin
<br />rentttninh utrpatd atrdrr -::++d nor+•, anti -halt tsnrp.•rte :ydiu-s ,ene pasmw+i-- :etrerh -•hali has<= harem tntde under : r.
<br />of par~rxph Z,
<br />a Thvt rhr tierrrgaa.:t »e3i p pr:uaJ :zest.- t..r.- -„ .,.aera:a: .._. .,. ,,red .rthe= ,oarr?tnrrrunl ~:r nunrufrai
<br />;:barges. t?stx~-,~ ;:rxtr,tset;rxr... ! z. Er.;.:. ~ --,.,.a,: #': a- --a.ic :.z cr„hr-a>rc .,~ei rn ,:t•..r.rri r#st: ca>I the li vrt~.yigcc rr a'.
<br />pa4 tlrr ..ante-athi tt;at it«e r*t<,rtX;agiY u:t ! pr,;~e tits -e-,set rt~x .•det [tit rc<ett--. •t:r.ci;:r t<•;txe liortksgee
<br />= i-ttr iEe?ttt~a~trr •«::it Aar af41_«xr= mnt..h rre;e ^~ ie.rxc! _ .«r ltryrr.,.grr . s:ncrest let ..;nif rc;ti rsErrfe :ntc emt+rr+oe~
<br />zttrnts., :atsd a hra~n mat i->r trn~ird -`Csy;n thr..n+ryrtg,c~e r,r err :rrt+t .; inirei t;.rteE*t +E+trt t ;.tm t+r [Foe ; r tent tit:,[ ;uch is oat prohihit•
<br />rat hk 6vu and rt»€y s., [3fr rst€ni tE..ai wsh a t1i exK ,>rn>.r ehr- zrn atrnn«e; c, "•s[ e<Uudtne am encc,mr Ctf. `hale ar trderal,
<br />,mM.~rt3 sere 4laart~X¢8, ax>+z merit frfe tine e.~; rat =crrts't :hue .nc Beets t+st i•arnr .a ut, rhr 44ort~ee t: E.rrS s ~.+latten rrf rhta urerfet-
<br />tatittft. rx of tilt }Ernftu; e. 1+rrrhti+tircE t•t ,res :zti. ;-...,t .r 3:rre.rftr= . rr4itn~+ it;+m t>:sr eng she *s heytc r.r ;ant pottton t+i the of ,tr-
<br />~adlir.'trs. ut apron the 4'fincicstngeu ecru syrurt tir.rrr t~rrhyhrana t:u f~snxat ^r the 'stUrt~,t~ r~r ary- ,uch tsars. ;rr ti ;uih t:ru
<br />cv et~r prtrt-idits that oral ; ntc~tnt'`u ~it.i F, !lye =ie+ttt`s~.+r -rkdi !,; ; rrdticd ern fi:c ;nzrrten~r Ae6t. t?te ~i,rngager *hsr!t hale
<br />ihr right is $ttt nAnr-rY s3at w" 'wfateR !sr it[e ?~r ttX ¢+•n nrr .,[ jhe r*tua'tfit$rt7 Per Rrr~ri_ zrf:wring the pre Yinrnk At [he ntoRRa~'e
<br />duet. !f +ucA nar[tt'r t+r grYrn° tttr Bald debt +irati t+es.snar kur- ; y::!^Ir .;=aa , r~iirtra+le at tree rxptratirrn «rt . id ntnrt, da4 s
<br />?+" 1'!t&r thotird ire faa ter na}- any- .urn yrr tarp an} ~° - , r~~ac» {~n-: rafrd fy~r rn titre bhrr't= !ilea the iiartg.~te. s[ tt; rn-
<br />tian, mat tsav err ttesform tart tame. amt a[! , arerritttrrr* .r, rttadc .itrit Ire added to ihr t>rinitpat ,um [,wing cm tree ;rn<rvr ntrtr.
<br />c#atf F+r zec~rri ht•rcl±s-- atni ~.iritFd brat ratete=.t at t£re r,ar ±rt E; *rth jr. rhr xitJ taste- tznu. ~a+sf
<br />'. i"ixrts he htreMr as~tn4. leant#ers ;rno sets purr ;<+ tht ti«retgdsee. rcr =rt uppiier3 =:award [ht pct recent rrt zhe Harr ,end :<EI
<br />w~xns r~..t€rti ttartf4u to sir =_rf :~ ctefau#t rn the rrf= rnratrkr r.E „nY .rf .,a. trttnc ~rnd ~andtnatts .tt tbt. tEungage e+r the -cetd
<br />ttrttt.::t{t thi" st;rit. rr.erntrt :end ittu>tnt ic> t=r centsti fnem ihr rt;rrri(tagrd prrrrt!sr's durtnpt retch erne a~ t3?e nu+tt~e terdrt=4ed-
<br />rrtas shall rtarain untfaxd: -:,reel thz 4icxtrz Yf;;r1` hair Prkucr let ,a,xpertnt arra~ agtnt c+r ;iarnft at retry de.uc fr+r [ter Cut~pncr rri
<br />r~ ttrr`ttri<es ants crt rrtstxng the':ats:e :end eeytttitsau the ern[+, trs rnurs acrd anti+..*onr. and r*, enas p:+~ c•ut of Bard m-
<br />raratcic ati ettpcnart eat rtitgt aatd trremttrs erect rrerrccar ._crmmsscnrn, ,~ttd ecytncrc uuuned in rentt€tg acrd manatstnie rite
<br />9ArFRe smd tit :,attng rrtstaE€ t-htrefrcrtn: tttr €>atance-rrrnatttixttt, tt rm-. to ter xrrplitrt tar.vard the drschatptt eri =:srct m<*rag~tr
<br />rrtdrtr4er3sttxs.
<br />K. "Iltat #~ ~iti ftaxp [fie rmpraattmtntr s;ey=± eci~ierg err aetrat!er erected c+n the rnwtgt~ti# property. inxurttf :+, rnar !+e
<br />rs•tbrtreri frtrm titxre tc tetnt `t ttst 4Ersrtgagtr a;,tarirrnr !eyss ht tar and oFi+er t::V3rds, en;uattxrx ..red ,arrtingtnnr; na au.•h
<br />~tatxt ita" sth~t;triatdx as Heart ire regtsord try rhr .sitxtgafire and y i!t t+ar p•-fatnpti) .::hen due..ent• rremntms cn .ux h
<br />tares pp°evicatrns C~ttrp-atrrstttr°of srEstCtt [tag tart tttrrt nradt heremfref<+rr. .431 entnrance ;h.+it Err .:rrrretJ en i=~nritanrr+:;;s
<br />prmt-tai ht: tEae Mxxt~pxe anAi tilt pntic'~s ;attd serttu~afs there€n .halt he held ht• ttse 4irrrtaatxt .Hai has-c .;t[aehed thrret.+ it+..
<br />,tsra:E*lt c6au+tet in term of ire itu-nt as:~wrptatsk tat ttxe ifc~tpaare In rs~rnf c,f ?ors !sfrxtga~-c» writ Ltvr tutmedrxte rt:.tue hs
<br />4tr then Mart, w~fian testy retake Et€tattf a~E itrr<t tf ns~ Hearts pnnnptiv hx 4ts~rtgagsrr...piri rst.ts ansuran,:r c:ampanr eawt-
<br />trassaatl ~ laara~ri ata#+rrtid asd ~Jirrrtts# to enatt,s pnt<trtrnt f 3r zuzh toss dtteetts ru tart #Errtr>t~A•r rrayead cf ro tree rlurtg~xxr
<br />mead the MmEK jsvtt#E}, xExE the tntasrsnc~ prcrt:trds. t~ -ant pelt thertat. nra.° he appttrd by Ette Mtxtpa~re at rt-> ryptatn caber
<br />mii~ttivFhC3ftl~4riti3cea~fx#cdsAtrtetrc>±aexxtcrtftctr.ta>tttut<err}~a;r;rlnc~f!rerpertr,t;rrrtaRet} 4neY"entrrtf<vet3c+.
<br />aura +a[ Ei%t€ restart cit xgheti t#artetr of brio is rhr rrxuigaptd pt.'ifurrt} nt tannptsarshrtirnt ,+t [lac *ndrbtefue.t +.rtorrd fies'rkt .
<br />a3Eti< tttlt scrod itst+rrt°ti of tart fi#t>€e{pagtw tn;rnaf t:, xnp ir,-.uratacr irriare+. then to ix?scc >.hss$t pats to tttc t?urchatrr r•r ~runtxc
<br />~ T7titr t}x oral r:cstlatetai utc'uritt Ee_rt tt~ , aytntnt it lire nip tErsz:r2hrti, acrd alt xttrnY ter br~r+,nrr;:=rc urutmr ihtK
<br />rft~t, ttte hirrtr~figtep Etirtttxy arnt+ t=4 ttte !Ntrnet mtE prxsfitx, rovt•nrtr•, r, t'ue#it-:, raFrrc an+i t+amriitr :a. crutng tsr rhr
<br />Vttv9Frt azrteYter - anid call uri anal i`:at Er~tts <rrt ¢ard Etretttrses. u-+tft'1rr +~Rt ta> r yeas>r =,tseE rrctx{tt free tlst ~.ame Herat s{.;rts
<br />r lay+ tttda~tarM welttafarrar-as :sfttt Yeiauh rat t#tr tzarthtirtrts t.f rhts-?narrtprr~,+L. xnyi rttr iEtrrtptaaer mar rtxmarsai ;lac
<br />tr~r tetttf rart°~raY~'h;ptk# i pea,9't~nr* telttrtt Stec and ~}-stfrJe. tsttt sh:rtfl nyrr hr. rt°ipttaria -_ t."-.1,~ ?~•ns a-ttpmncnt is c.k trrtu[rrrtte
<br />t?EZYkr3[ i $ ragrft[!tF1N# fitt4^7€ar rri fisra erfyr#tdaaFt> -
<br />
<br />
|