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<br />f i nt:3rzi?t pror to its disc ~tP rh_? at??nt_t mot?g< _..__._-._ - .....gym to u:de° ;'v pre .!°,:° ;tacit ,.n9dtt
<br />vt+ith funds to pay such premium to rite $rCrCtary of .l#ousing =rzd t `rban f3evefonment~cursuaaat St, bhr,
<br />tataticinal I#ousinn .pct, as arttended- end applrc~;ale Rrg:=tat*.€?ns the under::?r
<br />;ll? !f and so l~tb as s»id note •=f a. , dsYa nd this rostra.. art are het'. ~, !tat `xcrrta;y of f#ousireft grid
<br />Urban veloprtent, a murztTziyLcitar~ /rrtlt€u raja rn~r,~age instrrmtee prrrrriunzl which shat! be in an
<br />arnou,-t: rGual fa one-twelfth f1r't2! of tx:e-half {lj_') per centum of the average outstanding balance
<br />due on !fie note computtd without tatting into account delinouencies ~r prepayments:
<br />(b) A sum equal to tltr ground retrts, ii any, next due, plus the premiums that will next becrnnr due and payable on
<br />pF~ptcies of fire and oiler liaxard insurance cnvtring the mortgaged pmlxrty-plus taxis and assessments next due
<br />on ilia mortgaged property faft as +~tinurted h[~ the .~J:rrt4akee/ irss allsuirzs already paid therefor divided by the
<br />number rsf titonths to elapse before o:-te montTi prior t<? the date utttn such ground tints, premiums. taxes and
<br />assessments will btcotnt delinquent, such sums !o he held by Mortgagee zn trust to pa} said ground tents. pre-
<br />mitatns, taitra and special assr*tatnents: and
<br />(ej ~t payrnenis rtxniian ed in the t°,vo practding subsrctrons ut this patagranh and alt payntrttt4 tit ht made under
<br />ihr note cured hereby shalt be added together, and the aggregate amount tlicrrut shalt hr paid by the 9iortgagor
<br />each month in a sintJe payment ±o';e applxJ by the Mortgagee a> the toflowtrg items m the orlrr .et forth:
<br />#!) premium charges under the contract of insurazicc wnh the tiecretary of Housing and !`than tkvetnpmrnt=
<br />or monthly charge (in hcaa +r/ rnurt¢age• znsuranc€• prerrtiunrl, as th•_ case may br:
<br />(ill ground rents. taxes, assrsstnents. fete and t?lher hazani msurarzn prenuum;:
<br />f lll} mtarest on ihr note secured hereby, and
<br />1l~') amortization of the principal op said Herr.
<br />Any deficiency` to the amount of an} such aggregate monthly payment shall, unless made gaud b} the Mvrt-
<br />gagor prior to the due date of the next such pat'mtztt, .+~nstnute an event iN default tinder this mortgage. fhe
<br />.Ytortgi: may iotlrca a "tare charRt" nor to rxc~•zti !or:r cents t~tari it+r each dollar 151 1 at each payment more
<br />that! fifteen 115} e+ays in arrears to cover the extra expense uivolvrcl ui handling Jrtmyuent payments.
<br />:3. That if the total of the pttvment- made ht the \lorteuynr under + ~~. of pari!*raph '_' preceding -hall exct>ed
<br />ilia amcaitnt of payatent. at=tualEy mat!€ tey the iltirrgaJree for emund rent-, tax€• and a~~e~.ment nr inurance pm-
<br />miums, au the cae mar tie, inch excess. tf the loan iti current. ,u the opticm of the ~kxtgag[ir. ,haEl t?e credited b}
<br />the iinrigagt+e +:n wb4t*querit payment- [o tic matte= h} the ilnrtutn?r. ur rofundr•d [u t}ic itorigagnr. If. hoxci~cr. thF•.
<br />monthir papmen[s Tuft fir the'Aorrgagcx antler;' i c.f fxaragraph ' preceding ,h.i11 riot he ~ufficicnt to pity ground
<br />rent, taxes and a.5~a+~~m+'Fit- ar in~tiranrc premium-< a- [he came ma} tie. when ltie .ame -hail M~eome due and pay-
<br />able, then the Sicrrt3tagor ~fiatl pa} to the \}rirtyraf;ri= ant :imtiunt rte•ce.~an t€i make up the deficien<:p, ten or before
<br />the dart when payment of Koch ground mot.-, taxes. u:;-+•~.ment- ur imuranc•e• pmmium~ -halt b[* due, tf at am
<br />rim<• the ~pingagir 4haU tender to the ~lottgatec•, in accortl;nnce with the+ provtKit?n~ of the note .~erutrd hereby,
<br />full payment cif the t'fttirr indeh[edne~~ rf•prr-anted tlic=mtav, th+• 1lurtgaeee -halt, in computing the amount of ucfi
<br />intletitedrtess, credit to the =icc:ixtne ;,f the !i#tartgag€?r .rte pti4tn~yit=, m~.tl<: antler the pet>e t,tcnt5 s,f •.r ~ of par.tgra{ztt '
<br />hereof witieh tht• ilnrtqul;Ae fi~ Hirt t>eromr obtigatr[I to pay tci [hr .vrra•tan of Ihin.~inK -nd (rtiitn Dcrci.gmienc
<br />and z3ty balance remaining in [ha• funds accumutatc•ti undo=r tits' pmci_iun- of " ttf paragraph '_' here=of. 1f tfiete•
<br />=hall i~ a defau3t under :[n:~ of the pr~ti-irw- of thi~ murt>:atae re-~utttnE in ., public -aa of the= pn•mi~t•~ c•nveri~l
<br />ht•reb}, air if the Ntirtgakr•e acquire- thv prop.•nt othcraixe .aftly default, the= 14urtkukt•e ,hail apply, :it the time= ul
<br />the t•emmenc€rni[°nt cif ~ut•h prr:eee•tlinM1~. +ir at th+• tims• tht• pnrpi•rty i~ +>the•rwi~e acyuirrd, the= hulanc•e thivi ri=mtun-
<br />ine in the fund- accumulated utzdr+r of tiat:iaraph ' pr=•ri•diug..z- a credit a~:ran~t !tic amc?ant of prineipsit tla[=n
<br />remaining unpaid utidf•r maid nei[.•.:ind ~ha1t pruperiv .idiu-t ;anv pasznrnt- wtuch -hail h:FVi• bee=n math= uird:v.ac:
<br />of paragraph ,, -
<br />~. 3~fiat ;iii it a+rt},'a!:Ur will ~.at CRenn,.r rani. to hi`~ .t~+r„mrni,. NnCe'r F.i1C,. dikt Uttirt !:O,'ri alltiCntai lit RI Ul1KIi+aE
<br />Clitiri;e-, fines_ <<r it- •.isttic?n,- :.?r urn 'rt nt„e t•,. + ~, _-_.: _-~-•'n !n~Jr ter+e.nnei .-.. -.r,ci m Fte!.r tt;{ !nj rr,-;s SIiC 1t:xrt~»tr:° rt:.t,
<br />rtiii tFe s::inc. ::iia r...c, arir rt rE.is~er w sr n +.-i~eiti aria:: - .~ :+.ntiit, rt -tt:-F- It%rF Sa+F F(! tttY ?i~r[i it2ei.
<br />fig s! :sue;=•. .• {.-. E .. ., ..
<br />- - ti ~ .•t e: s i_ -.- .+`t,r: ...t fit:. t.ay..i. , .::t.l .i. .,,:fi . :nr r.aa nit pF..ir
<br />C•> hti tvb `~S:~t t:Eit ~ Sai; g_ E i. FtS:~ - _, ~.! ! n:.'~~`t ~s - __, __ _> F --. -_- - '~•_ 6 _ ..
<br />lmtW3t[t itn Maarlgagci. afiU Witt rttt lilt lmeaaal rCt,ript ,nelwt Fg ,nehetavn4rnl wlih nit tit±t(a ~iiP,tr t4 petit tiettffi Initl l1f (tti, Undrr-
<br />takittg, or if ihr Mc_.Ftgah+,! rs puihiMtrd b. sot taw rx?w or herr.rtter eannng !torn psysng tilt whin: rr any ix+Ftxrn aN the eforr-
<br />caid taxis, or upcm the rrnJrttng ofi any wort de.rrr iue,hilainng the pay tarot t+y ttre 4lurtgagar or ant suvh tact,, ar d ,uch law
<br />ar dreret prat-ides treat ant amount ,o pnid ht ttx tl+tt tp,.rgor .hall he : rrJnrJ .m ltie mvrtguge deft, the ~-3ortgagce ,hall h:+t r
<br />tht rig3if tea gimme nirrt} dal,' wnt€en notice to ttt~ owner .,i tht morigaigrd premise,, rtyuinng ihr pa}mein of the matrtgagt
<br />dtbt. tf suite tnNltt ht given, tier said debt ,halt 4+tcurnr Jur. t>ayahtr and t:ueirctitair at lFir expiration of ,aid ninety day,
<br />b. "fhat stHyuld tit find to pat any sum air tarp :ing .uv"c :+ac?t provided for in thi, ?ilurtgagc. then the Mortgauer, at ns op-
<br />tiaati, ttiav tiny or perform tht rotate, sttd sit taperkiuutrs :s+ Fissile .bast tar actdrd au tln p:FFxipae ,mtt .icing tin ihr ahsict Hutt,
<br />,ltaEt tar St:: uFCd i;tret?y, aFid tilt ~ti f?ra: tmrFr\t -at .`,'"--r F.:tC wit !stet ti to the \~fu nt+t4, utitn` i?:titt
<br />!"h; Y he hrrrtay .asaigna, uan,le:+ anJ alt, o•.st to !tie ~lortgager, to t*e spphrd toward the p~t+mrnt of the note and :alt
<br />,arias stcuttJ htethy in .:rte at a detaaatt in ihr prtfnrmanre ++f any of ihr trims and conthuuns o! thi, lturtltaiEr .zr the +.tid
<br />misc. alt the rents, rtarnue+ and matnu to tit dct F+rd !rain ihr niontt.FgrJ prrnnw+ durusg ,uth ume .i. ihr mori!,agc• u?de bird
<br />rstsc ahFitl r'rsnairi Qt~air?, and ihr ;vltuig.;~.'s' ,h.,;! iidt+= pt~wca t.= at?t?stint nny agrul ,-s agrnia ^ m:» Jisur t:a ihr aurpute vi
<br />rt~irin~ d r=rnu~s arzd _f r ~a n ~ _ -- -.~ c+atrctatg tf•r tent+, rrvrntx', and initatnr- =aril !t may p.a: tvtt of said tn-
<br />ktitngs nit rxperF-r, t?f et~:it€ing wait pr,:ruzsts`sziti nrcra,:irt iomrzussztms and tx7i:rtsFr, miurrrd ira renitFt~ .irid ntan;tgting, ihr
<br />tatttr anFi cif ttattePting rentals ttirrrfn>m. ttx hdante remaining, if ant, co hr applied toward ihr Jischarµe ut` ,aid m€xtgagt
<br />[ttdtlatCxtnizss.
<br />. ~`q,;Ytd 6f,.•in. e,,,Nl: ". .`::#~ h-. =.i.,. ,tt.€k'tts~;€~:i ~~ ssi, h, et.s ..ut . €-i ..,~.t. -.tattra-. st t• art ir~r r+~ie. na ,ii.-i-r
<br />atEi€wxnts and ft+r suF:h prtia±da six tnri> t+r rtyuired lay ihr iii+rtgattrc and wi3f pay pF.+mptl}}. uhrn .4ut..rny prc°tt»uni..+n ,ugh
<br />inrtix~aris+t proa=istsin lot #?uymrnt of w-taich ha-> Hui t+~ttt mad! heretnhrtorr At1 znsui.snir ,hail t>s ,.FFt,rJ sn ~,unp:Fiiir, :p
<br />pt.nraf t+y the M[atgiigtr and ilit policit~ and tturiv;ais tttrreuf shalt tar held t_iv ihr 9toriga}itr anti h:t+r ~tl,tclxJ thtreto to..
<br />i"++Yat?tF c3rtuwy its faro: F?f attd in form uctptablt to ihr A4rxt$:igtr iii event tzt loss M1lurtgagvar wall give insmrJiatr rnxiir ht
<br />Frtatl tea rite Mau#gitrrr• altc+ rtay snake prrxif E( loss zf not mail! pr+-'niptty h} 4!e€tg:;~.c?r. and €a*h uisutari,:r 4t+cn~tav 4iut
<br />a'.r~'~ t;~.r: f'.y - t")r:zei: .soil :#str.z;! i,i nsakr y:s~„SinE (, _. ,i,:h ns=s Jttriis} ie+ ittc--- alt-sr[gagrr in ~IeaJ cef iii rite Ric+Ftftatat?i
<br />;arid the f+f[trtga~rt iFaintly, grid ihr ittsurancr prticrrds . Fx any part thtrtofi. ntaY tar applied lay Ihr Riorigager at its t,pisan rithri
<br />tcz t r+ctfuctiarn ~ t~ ixt+ie[inrss !tetchy sCeurrd of to tt~ rrstoratiun is rz~tr of the pzapeery ctartiagrd !n c c rot of foica.x.
<br />±urr of t~s rn._.rt~ F:r !other !tarts{tr cif title aa? stet nicirtgcgrJ ptopert} in rvsingutshnttnt of ihr tilde!+tednc+s srcincJ hitrht.
<br /><lt zit. tiik a-ui sntrrrst of the 1~icMt~~it in anJ to oily iusutarnc pcitictr, ti>, n in fixer ,bait pa„ [F, ihr pwchmm,r: rt us:ntter
<br />u ??ii3t as add±Yfetsist :anti cc#taterat at:eurilp fau thx pu} m€ttE of i1>a ai[ar ilesaxhrrf. an.t alt v+rsa t., tar.•tmt .tier uncirr llzzs
<br />.,, .... .
<br />r?k:Ttapa,~tEe_ rte $tort~.Fev ,t turrt.ir s_ t..i~ to eh.> Sigr-i u~~=,_ ,tI ..r,.fi_ts ...-.ttt~.=. 'ighev ,,,..; :`:=n :':, .,. ~.,. t:g t. stn.
<br />RtTt~x .:~ ~~tr-_ s.~i m....,tt - !.. .. ... =t1 knE .e~ pi,~ .ice t t. .~~~, c c.}n .4'ts ,a ..,c.
<br />itrim €ii 5~iti trni?tt*tedi~•s, ns art[ tarfv+rF, .s* after dcf~+itt m tier - rui~t_xrnt E*i thss r F~c ~. - # me \ta~ s.-_ -- +€- _ng . _
<br />tier a';rl _e;,,, ~: ' ° tu;_h ~,,- ,>•ats w ,cis .tit: _:. J oa :.r,r }alt ~, „ e.. t i.,_
<br />a,3tFT lr~ +tF•e'.tFZS! a.t,s ,..FCI attatea ;, fc•r. ~ tiara cat=+tttLagi~~ " ___. ___. ,-, ..._-. _. _ __ . ,..- . ...... ..............
<br />r u,;t~ aF'td.iA+ c4 ;us
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