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<br />g --till<~~~~•
<br />- - - --(ip mcanth prior to its due date the annual mortgage insurance premium in orderto provide such-holdei--- - - -- - -
<br />- - - - - .with funds. to paysuch premium to the Secretary of Housing and Urban Development pursuant to the - - - - - - -
<br />- --tiational Ilousing.Act, as amended: and applicable Keeulatians thereunder: nr _
<br />(II) IF andsolong as said note of even 'date arid this instrument are held by the Secretary of Housing aoJ
<br />Urban Development. a mm~thly charge. {in,tieu of a mortgage .insurance premium/ which shall-be in an .
<br />- - amount. equal to one-twclfW (I/J?) of. one-half-(I/'_I per eentum of the 'average outstanding; balance -
<br />- - - due on the note computed without taking into account delinquencies or prepayments: - -
<br />(b) A sum equal to the ground ren ts, il'any; next-due, plus the premit:msthat witl nett bectimedue and payable un
<br />_ policies of fire and other hazaid insurance ctiveririe the mcirtgueed-property, plus tares :ind atisessnrents next slue -- -
<br />_ - on fire 'mortgaged property %alCas esrrinafe'd hr rite ~NririykX~i~ less all nuns already paid-[fierefor Divided by_ihc __ - -
<br />-- -numtier of months to-elapse be(oTC one month-prior to th_o date when such gcound'rents, premiums taxes and - _ - -
<br />- - assessments.wil! become delinquen r, such sums to bo held by Mongagee in trust to pay stud gioundl~enis..pr- -
<br />- miwns.-taxes and speciatassessments; and - - - _ - - - - - ~ _ -.
<br />' -(c) •~_AII payments mentioned in [he two preceding Subsecuuns of-this paragraph and allpay merits ur he.madc under - -
<br />_ - - -the note secured hereby shall be added Lggethpr. End the aggregate amount thereo6_stial66e_paid bp~tbe Mortgagor -. - - ~.
<br />each nitirith in a~single payment-te be a{ipliedhy the '.vhrtgagee to the following Heins iri du order ~;<i li,rth: -
<br />(1) - -premium charges=ynder the canvact ofJnsuranc4~ with thr~. =Secratan +if fibunme end Uman [~eveh~pincni, - _ _ - -
<br />_ - -_ - -- - - ur monthly rhargc (ut-fieit»,% nt, ~rf8aga_miuranee/~rcntiunurss ihc ~;isz-m#ty l,r• ,---- - - - - - - - -
<br />_ - - 11~)- _ ground-rents, rases, assassments, fire anti olhecharitiYtinsur:mc_e preniums;• _ - _ - - _ - _ - _
<br />- -- -(H t} intereri un-tha nuts secured lnnreby, and - - -- -- - - - -- - -
<br />- -- f IV) - -anurrtization pf the principal of said irate. - - - - - -- _ ~~ - -
<br />- - - . --. Airy delldency` in the amuuni ut` any such uggr bare prnnthra lia:•naem shall antics mule baud-by-the ~-lien- - - - - -
<br />- - gagor prior to rite-due-date-of dae naxt such pas neat ~stiture ail-c ent of fist aultunder ihts mortgage '17te- - - - -- ---
<br />_.- - __ _'shirt ' ee m.iy_rdlect a-.late-drat e noted e:., J G:','. , r , i-i~t}-i',,r eech dollar (sit l_ui zh.:6 ayrvtznt ~__ _ _ _ - _ _
<br />- _ 6'~g g F' more- _ ~-
<br />_: than (iftecn 1 { -1't,- rs ur arrears to ~c vet ilie extrt ~xpgnse ups Ive~rJnhnndhne aelutyuc'.ut payments. - :- - --- - - -
<br />_____ . J -_ 'Choi i[ the rural ult.h~puvmente ntade_1 r_ thc_ Hurt ~atgr unfit r '~~,` ut par:ieruph '~ pror_etline_ =hall t~-xtetid _-. _. -_ _
<br />-- the amnuni. of pavmerit~-xctuxllr made-hc thr4hirt~aKee G,r?round rent-.-, t ree~ und :t L--menis ur insurmco pre- - -.
<br />' -- miums. 5c rho c:i=e lore ba:, such cccss; il_. dre~ ltrtn r+-current, ar the oprton of ihc Sfurtg~tgor. shall he iredtted bs- ~ - -
<br />_~____-ihe3lortE;at;ee un..~,ubsr,yuent paymcnis ur he madc_ 6t the xbtrtgaetir. ur-r'e[unded tn~hr 1luriea~ur. If, huwes'er_tht• - -
<br />- .monthly payment>-made hv_ [hc aluttgagor ender .rt parugrip)r ' prc~c'edinr Khali, not be •.uFficient w pr}~-_eromui-. _
<br />- rent,:-Laze .end- a.=ee:.=nieitt-. urin~uranec pn~.mium-..~- the c:ti'e maS~ Ire.: „hen the-. same dlaf4 heurme dtie and.pat-- -
<br />ahlu,; then tht+Allirtge4;6r ~halLpa~• [n fhegtdg.r ~rr• nos smuunt ncrt~~srr-Ur mnkh Lip the detiePenc•s.-On'tir irr`fotr=' -- - - _ _Itie-du{t• when pa~~mr`nt ~f ~ut;h ;mun21~_rgnl'. ta~,~-. a ~ ~-~mtrnt- ur in-uranct• ptemium~"=hu_II-lay r3ur,:_ IF ~t am~ - ' - - -
<br />c
<br />- -- ' (inie the #urtKaktir shill tender ur the 1lhrti t- ee, id:u'tordanie r,itlt the Ire rv~iun~ iii the note roc urrct-fierebs.-- -- ~ - - ---
<br />` full ptivmcnt of the entirendebtudnia~= n`per=enunFthen`hy:iht\ixt~:tt!eo <lialf, in compuCirig-the amount o(~~s~e
<br />- _ iiidebicdnens, cfddit ro the ucec'>utat of-the hlungagdr all pavhienls-:u1~c under the -provttiauna.itf ~. rl of parrgctph ~' -
<br />-hereof which the Uort ogee haE nor-bexum~ r,,blig:nrd to pas to tta ^t`cr:ran u(-(htu,iltk urtt l,irhan,Dcvelopntent -_ - _._ .
<br />.tnd am balance n,~mami,ng_in the fund= ar+•umulatcJ ender !frr pu»r-iota= of • r ui-parr r.rph_ ' hen•ul , If thorc- - --
<br /><hal l'tin n default Hader :inj bf the-pea, i-stet- u1 ikii~ m na_r= a-uingc in a pnblie->ale~ of 'tfir~prc nti~t•?rvs er«1,-
<br />-_- herehc~onf thio`titortLaR c`aY.iryin•~ dtcprrpern ;ttiurr r„•-atir~r JetauLSr"flat ttuturiter ~haltvppir, at`=the ume nl-.-- °'-
<br />-' iltr• cnnintour onieni ul ~urhairav din;,^; nr at tfir retie-thi• pruporir ;~ uittr,rsu c• ueclmnyi, the-balance--rbpn rr.neairr- - - - - - - '. ang in the fiend= at'rltmulan•d.updrr . ~ . r.c,( part[!raplt Pig,, ii%nk - , ~ redit ai;ain;i thr• amuunLut priricip;d rhea.- --
<br />--_- remainink-ulipa~+'imdrr°=niJ note, unit- fi;dl pmnli I, ~rFp,-r ate, ~ :r, tens= uhnb -h:r}l bast- tmrn nraJs-utn3ei - - -
<br />elf ptratfruph 3 -
<br />- - --- ~a-~~fhal the tinrle:rg.~ „r!I -p, - „ens' ~ ~. _ ..~,. .. ., s~i,i.. ..~i~i ~.., .~,.i .err P,~~~rnrnrni,, ar-ru iulcq,,,..
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<br />h.rr ge ?-(m~ ,gyp. ,t. „u .;t,gti p , ~~n,; ~ ,d< i .. .,, ,wl ul i c,~„1 ,c V tg.,~.- ...,
<br />--__-- - pe,-rhesauu; aricLth:~ulr Rt,nc. .r t-,pt_pripu ,~ .'~... r' ,~ 0.. ,.~',, ii ~::, ~„^,c 11, ,,~.~s_r - - _ -
<br />'`-'I`bc hhrngagw-wilf p:n .ul caxcv-,vhuh ~n.,cmc I~~. ita upon tbr-~tr--t..,G„ ~ ~~cca~a v ., ,: ~.c-' Pr,~,-c,
<br />-. - _'- -
<br />rnmtt~,, acid s,•hieH niay he Icsrcd ripen this man s.:v, .~r the I •Ft ~nure,l hers t•s <eu~ ~-~~~, ~., t~hr s`strav char .~,ch c notpt,~hi~hit< -- -
<br />- cd bs' Lew and imh nr the estcnt-Ih a such „ s oat n,.,Rs tin -' .,q ,aauo,a., hu! r s.luuinp :ors mcGnr<-r,,s Sn,te or Feder;i [-, _- - - -
<br />- nnptssed nn ~lurigegee-. and u`ill hie ttr ntlicr.c= -c.r~el ~h.rx ing <a.h pn waem with the Atonkupar. l:p,an ,r,ilaliun' of thr~. under, - _ _
<br />_ -_ - _ Rrkiug, ur if the-~tilorigagnri, pruhihiteJ hs ;m} ea,s nt,wi,r f~rrzuGereyrtins tSi`ni I .,Sng the sehnlc-urany. poruun uP [hi nf,iri~-
<br />surd t,raes, or upon tfic echdrring ssi env c~iurtJ 're.`pi irhitrmg,thc'{t:{y menu hi=thv ~lurigdgoror .m i'_sulh[ ss~.: ur=it such 4iu`- -- - -
<br />-_---- ur,1CUa'r pnwiJea Ihst :uic amount .,~ paid hu the \turtp:at, n .h.ilr he u'ditc.i art th i r vig5xe JeM, ilec hi uyaggrshal base - - _ ~ -- - -
<br />_ fix'-r'Igitl !U gl,'i' nlnet4 ila}'<~ „Tinerl natli:e IU Itli` „Y,nfl ~+f IlIC'-na,>I'1E' (:et: ptl""Ills tie.. Cr(IIIIr~l rig Ilac .pa}mim ,,11 flee'-ra1.11'iga~e -
<br />- debt, If urh nutire be gavcu, ihc ;uCtdeEt .Chat' h~~~.~u,c du- L n„late'.: is i s,dlr:iihln rt Ihe.L~~pir darn at 3aiJ outciv ~,ap1 -' _ - - -
<br />-ti.- 't'hat ihuulJ he fail.ta p:n-;ant ova. ,~r k, rp .nn' •. a€t prosiJV,i inr-in.thrs Uorlj±liEe. tfieu.ths• A4 attugEe. :,t-its up-_ - _ _ - -
<br />"_ lion, ntat~ poi--or peeform the Marie, ;end all etpendnuaeC•. .t,tJk-~Sh:tll m-ad3edia ihc, ltoncipal ,um uH~utp do-the :gib«ry'v nCrtr. - -
<br />.h;d,Lhe sccursd-hi+tchc, anq--*lurll hcar;ntet'c•,SF ut thcriJCSC•t-fim[h ire the _.,i,l note-. utthl p.ua,. '. --.. -. - - __... _ -. .- --..: -
<br />- - ~(hal he hc:chs a„ign<. v~msfers ;utd ;rte ,rs~cr to th • J.4rrrtgaps., to le applied tSv`-etd the payment ,~i`ahr mvc find :ill -' - - - - _ _ _
<br />+um, aecured hrrcbC iu case of a drf:nilt in fbc a`vri',!tni.m c uC auyut the to ren,,md : uiid{liuirs ;,irhi. ji rlg;rke , t ibe sails
<br />_ Hare, all llae rent+. ~eocnui+.1^l^au~nlcle he t}U usu. It,-yip iht`w,n lg:(~, di*t41n P.r. J~i.inF;,n~li lithe ,•Ifi rq~,•P iuJc hie d~,_ _ _
<br />lieu .h:dt teln;un t)dpmd; =mJ ihr Alurtgages sh d_ h.. t'c-p.,acr to cl-ppbmt_i m...gew ,.i ,_:ni, i ~n , .Id-u: i.,~ ~tre purpuu ui _ _ -
<br />- repricing sash psgtiti.e. ana uFreitting the si~my and sidles urtt: ihc4ir~t , tit, oils.., ,d n~, ~~r ,; it ni.n p.,r .ul . f +aiJ ua> - _ - - - -
<br />_ ::,amgs all rvprti..~,y in rcp:iirury stud prenu.e=: -end ne4essArti .rrnmin,iun. un,i expr n,c, ~naur,J rcn:,nu .ind mrmttgutt,ihc- -- -
<br />- - >am:c roil of lone Clint; rrtn;d; thcrc,fnant; the ` :inie reinanunr;, tPan, , to l c;ippl cJ i. -,, .,nl ihr ,~li,. h.,~>,c uL ,:lid nxrrtguxr ' - _ - -
<br />grJehttdncs
<br />--= k=YiGrt tk'ads aPs 1, Aai-iU7pr.,srurrut.=n. ,.., . .., C- --,,.,,,,~ _, .'r~, ~, ,,.~', u,,,,
<br />.c ,
<br />_- _ t~yoimri-frmt ltmst~e nett h?,-=ahc Lltgig,ivc, .,L,i ul ', ~ ~ nu ~ ,ih, ~~.,. _ .. „ l , _~.., ~~~n: ~,~ c^ .~,.I~ _
<br />anaawm Lend for sngti, periods ai=rn.r'•Fe r._p~i.,d ,, :hr 1G .: µr.. .,:-~•_, ,. ,,, _ ~nnnn. ,n-~~:r.
<br />m-user: ptu,r.riin-flu p.nmcni~afwhi~hha. .i `„ .J, h..ruii•,i.y, va ~.,i,.. J ~ ~. ,~r.;p.i~uc..,, -
<br />_ - _µt, ~. t, . inr ~1,.it~a1-„ ,J-th2~j+s,hrre~ ,rd ui, ,,. ~h, ,. i .h.~I' ~~,i r. ~I, s1 „ ~: i~.. . i. ~ !h~~, - ---
<br />- pe, e 61e . Lu n tat , of urJ ~.n feirnt ~n reps. L.I~ ,, ihc Al, 1¢,MCC t . I i . 1t, ~i ti~.,ti .. i.. . , ~,. ~, , .~ I„ -
<br />~ e
<br />n'w to Ih_e ti9art~~ett h„ uia v. ru L4 p:srv! of . .. r ~, i '.h p: ern plA b, `.L l},~,u,~ ,n i b W.~~i , .. ni., i, .~~n- '
<br />_-- .. ~ci a:h r-•h3 autharv'J ;ind-duc.icd [[rot,~..I.,m.,...,...,,i,~,...,~,. GIs t.iL, AI„iip. _~. nsru,J ,~ ~. ~~. •,f- ~ -__- _____ _- - andrha Vi„ripagec )ointll, and tifa myrruui'so pt.:~ul. „ p sort,. ,,,. Iv , ~ ... i~a the '1lr~t tKS„ n,^r
<br />. i ~ , i, '
<br />Y c nu htrdpes hetch~se~rni. ,~:.,,I, , .i,,., ~. ,, r., ~,~,' 1, •ai F~uar.id:l c..~~., ~: . _~, "
<br />_ _ h, I r_¢ I °Jus.tiP f the urJr ~ ~ ' --
<br />suet ,tf Uri .t.nr[gagc nr ,~iher tr,,oater of liitt~~l„~1,.. r.:. ~i~.i•,i r~ „4.t1<IatJsbtCarn.
<br />_ - affright--ht'..an,l urar°. I of ~h,~ 3L ity,i~: ~ in ,,r • i u ~. ~ : ~, ,., 1 . h.•'' j+a , t u,r( .sir- .. ~ -
<br />__ --4_ ilml~.r' aiJni• .*nJ YS[k#er;d •:. urn :I,~ I•~ eri ,! °hr vie ..s.<i r•~.. .~Si , ~. aP`., 4k~ ~. :,: , =1i< _:,_
<br />- - _ ut„a, ~:,~~ hr ',1.. h.rn°Gt. ,;t.n; :r, .t. .. - i, rii'Lt,: .., .~~~.~. ~Ps ._ - -
<br />'.r~,~ „ , . d.~ti.
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<br />- II. .. ..i ...i n w.r. _. irt., ,.. ~ ~ L .ren '.I ~. ~., .,. . , .~ __ - - - - -
<br />- .~rti b,. ~-n,,~.~, ,_ ~ .._.~„ ,.,, ,- - - __ -
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