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_ Y- <br />- I..-` - . _ ~ .f - <br />- MtiRTfA~E ADDEN4UM FtfR <br />' - i2EPAYMENT OF SiECT10N'235 ASSISTANCE <br />r-fs~es sd' c~ligaticr+s of the patties to t}+e attact-ed Mortgage _ _ <br />e+xpY+es~2.y ~raEle subject- ~ this Pddessd~,tn. Zf there is any conflict <br />3aeEs~eett the paEYx-isians of this Addendian and-the provisoes of the <br />Mortgage, the- pzc~visiions of this Pcidendun ~trall oontrvl. <br />1. T~ debt secured-by this instzlment shall include not only the <br />_ tVQte recfted abo~ but alp any assistance paid by the Secretazy <br />- in accordance wit2- Section 235 of the- National Fbus~ing Act on <br />- behalf of any pasty to the Mortgage... (includir~q any party whp <br />takes titles to the property subj`cL to the said Mortgage or <br />assuees said Mortgage ) identified as FliA Case No. 32--G8@115-256 <br />- (Insured Mortgage )• ' <br />' 2. '!fin debt will be du® and-payable when the first of the following <br />,, ~_ ooc~irss y <br />(a) Title to the Property is conveyed to a party who is not <br />eligible for Section 235 cortgage assistance payments, or <br />(b) Payments required under the Insured Mortgage are not <br />made for a period of 94 oan~~m+~+~•~ days, or <br />(c) Ztse property covered by the Insured Mortgage is rented <br />for a period lacsger than one year. <br />3. If the Insured Mortgage _ is not paid in full when paym~t <br />is-due under ppwwrragraph 2, the Secretary may defer payment until <br />the IIssured i~rtgage is paid in full. if payment is rr~ed, <br />the debt will bear interest at the rate ofSevemeen s one- percent <br />per year from the date the debt is due order paragraph 2 until the <br />full amount of the debt and interest is paid. <br />Is witness whec+eof, Hos:vwsr bees eweeuted this Addeidum to the <br />Insured: Mortgage. <br /> <br />2, 19f7. <br />_~/~ : <br /> <br /> <br />