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<br />(I) month prior to its due date the annual mortgage insurance premium in order to provide such holder
<br />with fonds to pay such premium to the Sn:rcfary of housing and Urban Llevtiapment pursuant to the
<br />National hotrsirtg Act, as atmtsded, and appikabk Rtgulatians thereunder; or
<br />(}}) iF and so long as sa#d Wale of even dart and this instromtnt are iteid by (fie Secretary of housing and
<br />Urban Development, a rttonthly charge (in f&tu oja mire tnsurarret prtrnfutnJ which shaft be in an
<br />atrtattnt ersitaf to t>nt-twelfth f f; l ~) of arec-half (1 t_) per cenlum of the average rxtistanding balance
<br />due on rite note computed w#thaut taking iota aceawrrt delinqutncies or prtpaymenis;
<br />(1?) A sum equal to the ground rrnts, if any, next due, plus the premiums that will nazi #xcotne due and payable on
<br />pr>flties afrtrt and other fiazard insurance cavtxtttg the mortgaged property, plus taxes and assessrittnts-next due
<br />an (fie mortgaged property firlf rt1 esrirrsared hr the #torrgage~% tens art sums already paid thtrefar drYtded by tfie
<br />mamber of manths to elapse befare t*ru manth prix to the date when such ground rents- premiums; taxes and
<br />asaussmtnts wtli #>,@txxtte delhtqucnt, such sums to be heid by Mortgagee in trust to pay said,ground-tettu, pre•
<br />mttuns, taxes and special astsessntents: attd
<br />(c) Ail payments rttenzictnrd in the two preceding snttsecticns of this paragraph and alt payments to ire made under
<br />fire irotc secured #tertby shat! #se added topriher, ;rod the aggregate amount t#tcreat shalt be paid by the Mortgagor
<br />each month rs a angle payment t;? ".te applied by the Mtirtgager to the ioliawing crams in the order set forth:
<br />(f) p[em[ttm charges tinder iht :ontract of mstnanae wnh the Secretary of hausrng muf Urban Development,
<br />or rnott8tly charge (in k'tu al rn:rrt~,q€t insurance premut» tt, as the care Wray be:
<br />(il) gt'aund ants, taxes, assessments, ftYr and other hazard insurance premiums;
<br />tlhj mtertss ,an tine nt~tc secured hereby:.ind
<br />tlVl amortiiatiaa 3,sT (fie prtna~t at satd nu[r.
<br />Any defuitrx:y rit-~ 'such aggregate rstonthie ,,ayntrnt shall, un#ess rrradr goats by the Matt-
<br />,tager priar to drz doe -h pavnterr{. ,=:,:nrtntz an e;znt =,i ;tefauit unde€ tins mortgage. llie
<br />A4artgagee may a act PSGeeC !~.=n ~rnts (471 tax each darter {53 1 of each paytrrent rnore
<br />than fifteen f i ~# daivs m artac to ca}er rite es eta ~_.-~_ ; +<•t~.d in #:andlinR delinquent payments.
<br />,. Chet if the total =rf the paymiwtts made hs tit,- \Mreiatrar undt~r of paragraph ":" preceding shall exceed
<br />the amritrttt ofi paymte+t~ siltaaliy shade by tkr' \lnrtyatrc+<= for ~=raarnd rt>nt -. raxe.~ and as~~'~4ments or insurance pte-
<br />mistets, a. tht• rare mat ~. ~ut-h ctceaY.. ~f the ?awe rs r;trren€. ,rt €he uptron of the :\kxtjagor, shelf lee credited by
<br />the Hottgtt}}wr am -ub~a=tptt•nt payattm4> wtrr• made h} tht• \kinga~or. =rx rt~iundeti to the \iartgugar. lf, haxrver, the
<br />mtrnfhi} Pa~'mentr+ antdr !x~ the Mrirtitagcx under --. rri i=:tr,,gr }fit ixecc-dine 4hali not rte ~aFficienr to pay Xrattnd
<br />rtiwt, taXrx attA as+=n.+awnt-. !rr ees.7atzancr prrmtatn~. ar. thv t a r mat tir•. ~.ihtvt thrr game ~hatl hta:ame due• xnd pat•.
<br />aWa, thwt the Nor4tn[cx .hail par to [he \ktn~taxer any xmuunt ntKr-inn' to make ap the defirirney, nn ar ttefare
<br />the date lrhm pa)at«wt at watch trr+ttrt,i rptst~. lace, .!}-e~rsitYent•• r+r m*•uranr•ta premium- -hn## be t#ue. If ttt any
<br />tirtu• t}re D1~ert>CttRnr -ha## trtrdtr is rite ttartaaxr•e. rn at•tardanre xrth the }trtlsi-i;ra~ of the note= secured hereby,
<br />Colt payment of the rnitirr• iatie#ttethsr-4 caeca-••nt,vi [iern•ht. the linng;iar't• w#ta#i. ;n camputinp tht• amount aF -ach
<br />irtde}xt~e~a...s`rtlit to t#ar xix;etnt cal the fcsrtBaxar .ell }L;rmetu~ tlr~rlc isnder the pra:t!>*€cxts t=f ; J, of parttgrttph Z
<br />havixrf whsrh Utc t~agrr ita> tart htv:ot$c• t,tt#igala:si u; i ay to €ht• '~-ert•tan , E iir.u~tng sod i-(ban ihreirr}ttnrat
<br />,end :+nA hralsutce rrmainin~;a the fuad~ a, =-amntat.~.i voice tfrr pnrsl=irxn~ of - of paraCraph .` hwrsarf. if there
<br />.hail ter a default ttridt+r :tor vt ttte #mt.r-iwt~ ,r# ihs- :xw,r[¢:!,>;r.., ~uitmtr :n .! pt#isii= ~:t;.° t,( titc• pmmt»t.4 r<etrrt•ti
<br />hereby- art if the \lattgxy,»re argtrimr the pr==pens :,tRc•rwt-.~ ~itet ,iriav#t. the \kirteaKre -hall =tispfy-. ai the iidte <rF
<br />rite t..etrn~m',yecwt =rf turn pranara*din~>, ..r ..t thr• crate nc~ txap•rta „titrra,t.,• ,lryutn•d. tht• #;a#;lnf r• theft rema#n-
<br />tnt[ rn €h.= ftasd. xrruiartlatt~i,ata#•r +,f psraxrapn .' }zrr•t.~titnk..: .t ,~rt•uit .t~atn-t the amount e,t principal thc,n
<br />remaining urrpatd ;mdvr ,atd nuta•..enai -itaii ;,rt,p.~.ris adtn-t arcs t+•+snt.-nr- •shr!-h ~hati #tas.• fre•t•n rnadt- nndnr i-,
<br />»F paragraph .r.
<br />3 shat time ct=e igng+•, +.. Ci.•uv.i ~~--, -:er• .•,c+,='*rnt. ..ire r rc- .:nA ••t}`ts cue mane M.t or munri teal
<br />,z[-t~r~i[•_ !e3~s- , , ;tx,r,,.,s±r„r,. , n~+hr, t {•t,•, r.s.~.~, r,= ., ar.€ '=r ,rvet.,+c ~::~ ,e: ue[ani: thrrct•I 1'lr 3#ortitn~cr ma}
<br />~t the rme ,trail :hn; tree 'asu ~-ig.,e •n;tt :'ev,-iq4 : r_=+rr its ~t~t..~rrEtlt~is fhrrc€,•r t*'z the Aturtg.=tyee-
<br />~ f#tc May 4g:agt.' ~Yi' S+a4 :rl :,tar. 3rYA r: ^i.:i :- it'![ ;;tK ~. zs ;}sr ~t=>Fi ttIX~rL' ~ tnirre-,i :ri ,.l sal rC:ti L's t:itr :ntd intpftllc-
<br />,rirni~..ar+U rice. #; `. srn- -s a€ -~ .:t! - t} .kc t~ -. :^t r e - -ire -s Rr t -.xt€. ,= inr extras( th:t{ t --h t~ nt,t pr ,}tihi[-
<br />tyt tr..rasa .xtrt gin.[ ± :}r, cstcr,t ,rwf ..s.t a--....,,. ,tea ,nr+ ~- -.n ,., u.,+.a„a- • u€ ra ,.tutng .lny :nac*ntr la., tit.ttr ,*r Fet#rral.
<br />tmM..edl+rt~hatyt~c'e -=s,a•-€si-ftarthc~~~-e,c,rc.rvi~r,irsxxi~tti.,~hq=awtst<rttwith#tme\4axtRsgt-r i;7unstc~f3ttun=:f#hiaranr:er-
<br />ta`r.;fi}t. +:r :' :~ ,tt';sg.;x.•r ,~, gr,:fis=~;c:: '~s ,_..:.,.w .... .: rx:r.:itr; •sl,, ant, it. ui• ; - :t•g 3#u >~?tiric .. ,n4 }',;t t:t€n €,l the at~re-
<br />sa#5# t~XCs.:'•'-upxra t}it crrldCrr•?p'.-# ,•;s - at `_ _. _ t-. hrry.t= ~ the €'~. s,.ertr r•a ;lee ;t.itkgrglti „ .,; sah t;t sea. =,t rf such lax
<br />iv .#za'et prstJt., that -•n, _.r,,.urz3 .,~ [ ,,.~ - . x'}rr d.-rt}~g,,, =n.a; t,r , rcJs€r.. - , :#u ~ ,ort_t;lee ,3ci,t, ;'t#r Slot'ts*.xg:.r .half htror
<br />the rigit[ to t;,€se n;eiet+ .Sass »ttttrr. rrt.ty,r t,.;~ ,•:kt,rt .•t t?~ r~=<.[t}Fagril ;•rems,r._ teauxurg t'ttr ti:r;vtrr;t t=f she nstutgagr
<br />deist !f such itt•tt+e rte gt;tn. iht .:rru : chr .i,a~t t*c. •.:ac auc. ;•:t>.ln.-.:red ..<:ie.tlhir ut the. esplraea+n of t:tru nmrtc day±
<br />h- iRat ,isc+u4# he tar: a , a; .,no ,err, .ri krctti .:ns ; _:., :;.,:rt Tars u#r.: f.=3 sn thi; yla,rt~e~c., then the >tnr't,ralver, :;t it, up-
<br />t~€;, :fur rrry rn pcrtnrsa tfr +amc .rr[ai-afi rat:~emfrtures .ir m~ilc eira#i t+r .,tided t=t t#ae princtp[tl coin owrng ten ihr ebane Harr.
<br />xhati he .erurrd herehs . ecru .haiq t,aa: ,ittetc.t .,+ the rei¢ bet }€,t tF +it the >:rrt3 Waite. rinni paid
<br />' 'i7tat ire hatch} .taetgtte_ tren~frr.. _,iwf ,_, .,.ct ti, the \iortgagre. tt, he :,ppites3 t.+xard tf'rr pntntrtit =_# the nine :lnai ~~?I
<br />~utns .e,:ut~i herrhs m .a:r ;_[ s default rn the ;,"r[.rrnu,tit~ r,• an, „f the recto. ,,»d c=tudioa,n> =•t thin ;it=rtga~;r ,:r t#te ,.eta
<br />matte. ai# fire rtnta. re;t:aaca .>rtti n>LS~rnc' tt> t-~r urrescu f rr.rn the rnarttkagrli prrtnrae. drtrr.ng •,rsch tune a, the ntixtgagr tnltchtrd-
<br />ngss i remain at;paid. gad the 4fa?ttgagrr ~haP? twee t~arwer n> appilint .=ny agent or agents rt Wray dearer fur nc~ purttuar .•f
<br />rtrt~ pt><tataek sari itf rrnttng t}se ssiae :end itu#ecurtg the -znts, rr;enite~ and incuute, anJ st tn:a} ~.ai .+ltt t+i =.asd rn-
<br />c;tcses iii! rz' ensea €sf ntp+~ititrg ;an! tx€rtnzu+ arat neitsaar>i :,+tnrn;sctc>n ans# espene, srtxnrte9 to renting ana? rnsinagtng [rte
<br />Went and of coikktintt rents#~ thereiraxm: the t+a#:ante rernatstirsg. i( ::ny, to rte applied to><ard ihr tics,:}taette cif .ald m=rrtgagr
<br />ifldtbltr3ncss.
<br />t4. -ftWi he will keep the ttnprot•etutnt5 :tau e+riatirty} er hereafter erected tiri the tnurtgagrd ptu#xtiv. msltird s+ tray tr.
<br />re;{uugd {tom+tst rinse to Uayr hs t3ae \9origsgrc :+gam.t t._++: t•a fir( :nd =s€}trr itat:+riti. ~lsn.lftira .,rtJ ~==mrngeu~re. rn ,uch
<br />anttsttpta attd file sorb petiad> as inay tae regwted by the \iotsg,sgee Anil Aii# ray pra,enp[ly, wtlcn dur.:,ny premium, =in •ucb
<br />}KarittKsn fcir paymituttaf-which has sae tress made lxteinhefosr \ii its>u€ancr ,Fta;! nr :arnrd in uunp;lnrra .ip-
<br />ruared by the M€,ttiftgvcC attd iii( ptttta~+ attar rerxwn3s thereof ,bolt #=r heW h. tit( \iortgagre <tnd ha;r :lttachrd therrta I~r,.
<br />payat ciau.e+ in faicst ,sf and ra taxm trcccptat±tr to the Mtxtgagre #n escirt ,if k,., \farrtttagar a d} }tree irnmrdlate n.atce ha
<br />tq~, tt3 tlMt- ~ad~stgez. wtu.. met}°,C prt>u~ ill i+ass if tan mm3e pr a•mpsi} t+y 44trtt¢:nror. and each irisurancr aeon pan. al.rs~
<br />Forget) isAsetet,g-aatltatizta~and directed tit matte paymcn3 Izt each fa„s dirtctty rte tfte biortgag~ in.tead oT to ihr. Mvtiftutor
<br />asa# th¢ .'•tutt>P intly, slrstt the i~ssruna>: iEtu~eeds, a=€ „np part there==d, nsap hr.:ppitea# h: [he ltestgtgr< it its r.},tusn 4;thee
<br />tas th+r rrdua;tiwt d ihrc indrtAtdnr.:s hereby settutd ter to the rcchtratson a=r repair of the pnlpettr dam,iged. in rs rot u# i,:trai=+-
<br />uue oL-t ~ tN xttr tractaeftr of t3i3e [a €kre t~a~ped ~aprrt} in aAyrsgurshntem of [he rttilehtednens sr:rurrd hrea~tl .
<br />;df ry}hi, rick and tntarest trf fix Marl)ragan rn:stsd tu:iny m±urnrt~r 6'a^rt«:it. then cn fors r +hai! pa,+ to the curt.lta.cr ,,r sr:xrtter
<br />~. -l'itYai at, atldiih.?ttai atsv cittirttrraE trsuri#s tar the payment €,! the at?€r lieeartt+ed..xnd :ltf snore tic t=aieme d=te a,ttdr[ the.
<br />.rtette, s}ye Ft'3atrrgrsgcx hsrtlry <ra.-:t~tk to site Nart~~ittee afi pratits, re.rnues. ertyxttrr=. r€gitt> a+sli tic:nr#t€+ a,,.riruty: is, the
<br />!ltxt$v~ib~ ws~r ts+sy afi =iii as 1 ~t tri><ca ,ur wiai prenu~c.. w,ih (tee rtttht r.• te. rt.r .tad rccenpi tt,z [ht .arnt. mrJ apply
<br />tiRtta m a,aid isMkttitcdamta.a as xtl# iarftxe eta elect default inlite #l+nairshuts ut this rrr,>t t}3.yi[a'. <rrai !let ttartytattrc nett. dctnarrti. s:te
<br />1s3r xbat rtcu+rst rmt<aatrtb pasya+Bn13 achcndun a~d.}+ayatsk. }net i-rtaii n!x he tt.twfe# ....,.e ?`hi*:rssittm?teni r ui icrrnraxte
<br />:red ttCi:r~tri¢ Yr&i s€*41 n~tn rekwae =it ihta mirtt.-
<br />Y~tcru~9xtsaa+ t9-;5t
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