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_ Ih.a. in,+nlrr mart (ulh k+prutt~tthr,r.unty .•f thi,:nurtga~r. Iha• ntung.,ltur. a+Erthrr whh..atJ inaJJ+Uun h+.Ihr munthh peymenh
under Ihr Iran, u( the Warr ,r:ured hrrrht . un Ihr tint Jey of a•aih ntunth until the ,.rrJ nutc• i, lull) p.,id. Hill pay h+Ihr nuatg,,grr Ihr (~lh+w
me ,un,,
r.u 1n .,nruunt ,ullii lent h+ pn+tuk• the balder hrreul tt iQt fund, n+ pay tha• nett mur?~a~i in,ur:,nit prrnuum it rhi, in,tnunrm and Ihr
»uta• ,iiureJ hereby art in,urrJ. ur munthh charge tin tiro ul murtgagi inwrutir prenuum' if Utry air held by Ihr Srcrrt.,n r+f
1{ou,utg and l rh.m Iktrlupn,rnt fullutt,.
II? I( :uul ,u I+atg ,:uJ nuti u( rtrn d:dr .end rhi, in,tnuurnt art in,ureJ ur art rrinurreJ under Ihr prat i,iun, u( Ihr ti:ru,+nal
Nuu,ing ~\it..m ,unuum ,uttiiicm to .ricueutl:,tr rn the h:uul, ul the balder uni I I I month pour h+ ih Jar J:dr the .utnual mort-
geer in,uruxr premium. in urJir h+ prutiJe ,wch balder with fund, to pay ,tech premium to the Sri rotary ul Huu,int;,:utJ
!'then Ik trlupntrnt pur,u:utt Iu Ihr \:Aiun:J Huu,ing :\it. a, amended. and :+pplicahlr Rrgul:diun, thrrrunJir, ur
rllt 1( and ,u lung a, ,aid Ware c+f rtrn J.rti :utJ Ihi, imtrumrnt art held by the licrrtan u( Huu,ing and !'than Iktrlupmim. a
monthly ih;uge Un tiro u(a mung:,gr m,ur.,nii prrmiunu which ,h.Jl t+a• in :m amount rywd to unr•twrlith 11!1'1 of uni•h:J(
t I!'1 per cintum u( tltr etrragr uuhl;utJing balance Jui un the nuts comport.! w hhuut tel.i»g into account Jchnyurniir, ur
prepay menh:
Ihr ,um tyual t,+Ihr ground rent,. i( any. nrvt Jur. plu, Ihr prrnuum, 1h;A will nrvt I+icumi Jur and payable un pedicir, of lire .utJ
other h:,i:,rJ imur:utct a,trnng the mrrlgegeJ property . plu, taut, and :+„t„ntenh nrvt Jur un the murlgagrJ property I:Jt r,ti•
. mated M Ihr murtgagert k„ all wnt, :dreaJy p:riJ therefor Jit iJiJ M the menhir of month, to elap,t hifure unr month prior to the
Jati whin wch ground renh. premium,. raver. ;utJ a„r„mrnh w ill became Jrlutyurnt. ,uih ,um, to F+i htlJ M murtl;agrr in tru,t
to pay ,:,iJ gr,+unJ trot,. premium,- ta~r,.:utJ ,pti cal a„i„mrnh::ut.l
li r :\n ~
~tr~~_•rtt. m_•mignrJ in Ihr ,tt r+ I+r.+~•.•.lin~r ,r~t+,.•._,i,_+n. ,hi, Irrrr.__r.nh ~.n.l .11 n~.+. m.•m, ,.+t+r nuul.• r+o.l.•r Ihr Wort .riurrJ ht•rt•.
by ,hall t+e added U+gither :mJ Ihr ;+ggreg:ai amount thireof ,h:dl {+r paid by the mortgagor raih month in a ,inglr pay moot to {+t ap-
plitJ M rhi murtgagri h+Ihr following hem, in the order ,rt forth:
tll premium ih:ugrt unalrr the contract u( in,uranct with the tircreG,n of Huu,ing:mJ !'than Iktrlupmrot. ur monthly ih:uge
tin lira e+f mortgage imurmci premium. a, the ia,r may hr:
tilt ground rent,. tour,. a„r„mint,. lire. and attire h:varJ imur:mci premium,:
1111 interr,t un the Dort ,reared hrreht ::utJ
tl\l amurtii;diun of the priniip:d u(,aiJ natl.
Am Jetiiiency in the :,mount of wch aggreg:dr munthh payment ,h:dl, unlr„ m:,Ji g,w+J by the murtgaeur prior m the Jur J:dr of Urt nr~t
,uih payment. iun,tituti an runt of default under Ihi, murtgagi. lhr murtg:,gir may collect a "I:di charge'-nut h+i~itrJ twe+itnh t_'i1 G+r
raih dollar Itil l of raih pay mtvtt mart th:m fifteen l lit Jay, in arrrar, a+imrr Ihr ivtra ivprmt imuhid in h:mJling Jrlinyutnt pay mrnh.
z. "17t:,t if the tut;d of Ihr p:,y mint, made M the mungagor under 1 M u( paragraph ' prerrJing ,h:Jl rvcrrJ Ihi amount of Ihr pay mint,
.,:ut:dly malt M the mortgagor. fur ground rrnh. tour, :mJ a„i„mrnh and imur:+nir premium,- a, the ca,r miry ht. ,uih evir„ if the loan is
current. at the option of the mortgagor, shall, Le credited on subsequent payment. to be rnadc ley the mortgagor, or refunded to the
mortgagor. If. however, thc• monthly payments made by the mortgagor under /a) u( paragraph 2 preceding shall not be sufficient to
pay ground renter, faze. and assessments and insurance premiwu~, as the case rnav be, whoa the same shall become due and pay-
able. Ihen the nu+rtga_nr sh:+I1 pay to the mortgagee any amount nece~.ary to male up the deficiency. on or before the date when
payment of wch ground toots. Iat,•~, assossme•nts. or insur:mce pre:uiuu,s shall be Jur. I( at any time the mortgagor shall tinder
tr, the mortgagee in accordam•e with the provisions of the note secured hereby, full payment of thc• entire indebtedness n•pres,•nt-
rd t}u•rebv, the mortgagee .hall, in computing the amount u( such indebtednes. credit to the account erf the mortgagor all payment.
made under the provisions of (s) of paragraph 2 hereof which rho nuutgagee• has not become obligated to pay to the tiecretan of
Iluusing and I~rb:+n Development and any balance remaining in the funds accumulated under the provisions n( (n) of said
paragraph If there shall he a default under any of the pn,visions of rhi. mortgage, resulting in a public sale of the premises
covered hereby. or if the nortgagee acquire the property othenv ise after default, the mortgagee shall apply, the the time of the
commenoement of .wch proeeedings or at the time the properh• is uthenv ise acquired, the balance then remaining in the funds
accumulated under (a) of paragraph 2 preceding as a credit against the amount of principal then remaining unpaid under said note
.end sha!1 properly adjust any payment. which shall have- been made under (e) of said Paragraph. •
1. lh:a hr will pay all t:,vi,. a„r„mint,. water r.,?r,. and other gutenunental.+r mtmiiipal charge,. tine,. ur impu,itiun,- far whiih pru-
tr,iun ha, nut I+ern made hereuthelr+rr. end in default thereof the mortgagee mat pat the ,amt: and th:d hr will pr:+mpth .irlitrr rhi ulticiel
rrieipl, Iherefur Iu Ihr nuutgacer-
hat hi w ill permit. commit. ur ,utlir n,+wa,tr. imp:,invent. ur dereriurdiun of ,aid pruptrty ur am part thereof :and in the error u(tht
! t:ulure u(~hi murlLegar h+l,eep the balding, un ,;+iJ premi,t, ;uul thus to I+e ereitiJ un ,aid premi,r,. ur improvemrnh thereon. m g,+.a! re-
pair- rhi murtg:rgtt may melt ,uih repair, :r, in ih Ji,crrtiun it Wray dorm niri„an fur rhi proper pre,inatiun Ihereu(- .,nJ rhi full amount of
tai h and rt i n ,u:h pay moot ,h:Jl ht unmrdi:deh Jui :,nJ pay atilt. and ,h:dl hi ,riurrJ by the tiro of Ihi, mortgage
h I hat hi w ill pay :JI and ,ingul.u Ihi iu,t,. charge,. and rvprn,i,. including rra,anah!t law yir~, far,. and cu,h u( ah,traih ul Iitlt. in-
p ,urrrJ ur paid at am timi by the murtgaeir hriau,i u(thr (ailuri un the part u( the mort(:aeur prumpth :mJ fully to perform the agriemrnt,
Eg .ntd iutrn:+nh u( ,:uJ prumi„un mrti and Ihi, murlgaLi. and ,:,iJ cu,t,. ihar~r,.:,nd r~pcn,r„hall hr immidiatrly Jui and pay:,hk and ,hall
F+e ,iiured ht the lien of rhi, mortgage
hat hr w ill Lisp the unpn+trmenh now evr,ung ur hire: (ter rrei trJ un rhi murlg:,grJ pn+perty . tmurrJ e, may ht rryutrrJ from ttmr
tr+ time by the murtcacet acain,t lu„ ht tier :uul other hai:ml,. ia,u:dtre,. and amtingrniit, to ,uih amount, anil fur ,uih peri,+J, e, may he
rryuurJ by murtgacte- :+n,l well p:n pmmpth .when Jui- :roc premium, ,+n ,uih in,ur.,nir fur pay mint u(whiih prat i,iun ha, n,a F+ten made
hereinF+e(urr •\II imurancr ,h.Jl I+e carried in iumpanii, :,ppn+v rd M mertgacre and rhi paliiie, :,nd rcnewel, thereu(,kJl hr held ht murtg:r
_rr end hate :ataihrJ thereto lu„ peyahlt ileu,t, in tarot a( and i» lurm accepc,hlr w the mortgagor In afoot of lu„ hi will Litt imnxJtalr
Warier by mail a+ murtgageo.:utJ murtgacri may m:,lr prow( u! lu„ i( nut made promptly by mortgagor. and inch imur.,nir cumpam iun-
irnteJ i, hrrcht authuriitJ and JirriteJ to m:di pay mint fur ,uih Io„ chreith to murtgagii in,teaJ of n+ mortgagor and murlgacrr juinth .
and the imur.,nir proiooJ,. r+r :my part thirra(. may hi apphed M mortgagor :+t ih option tither h+ the rrJuitiun of Ihr inJehtrdne„ hereby
,ocured ur to rhi re,turatiun ur rep;+ir,+f the pn+perty J:,megiJ. In rvint ul foreilu,ure of rhi, murtgagi ur other tramfer u(title to the mart-
gagial pn+prrty in rvtingui,hmrnt of rhi indohtedrtt„ ,eiureJ hereby -all ngh1. title. and intrre,t u( the mortgagor in and to ;art imurmit pulr-
iit, thin in farce ,hall pa„ to rhi punha,tr ur gr.utttt.
l het if Ihr prenn,r,. ur any parr thereof. t,r iunJenuud under any puwrr u(rminr»t Jum:nn. ,+r :,iyuireJ fur public u,r. the rL,rnace,.
pruiteJ,.:utJ the can,idrratiun fur wih aiyui,ihun. d+rhi ettont,+( the hell amount of indrhhdni„ up,+n Ihi, \Latgagt, and the \utt ,iiurid
hrrrht rrm:unin~ unpaid. err hrreM :n,igniJ by Ihr \turtg.,gur to Ihi ~turtgagir :uxl ,h:Jl I+t paid forthwith to the \lortgagit 1,+ I+r applied ht
rt ,at :wiunnt u(~hi indrhtonr,~ ~rcurrJ botchy . whether Jur err nut.
r+ 1 hat tkt mortgagee met . at am time pending a ,rot up,+n rhi, murtgagi- :,pply to the court hay ine juri,Jiitiun thereof fur ihr app~int-
- mint of a reiiiver. end ,uih court ,h:dl forthwith appoint a rectitrr u( rhi prrmi,r, iotrreJ hereby all and,ingular. including all ;uul ,mguler
the iniumr. profit,. i„ur,.:uul ritrnur, from wh:aeter ,outer JeritoJ. raih :nut turn u( whiih. h Ming i~pre„h unJrr,h+,+J. i, hirrhy
nu+rtg.,grd a, if ,priiliialh ,et (r+rth and Je,iriF+od in the grmting and hahrnJum il:ur,t, hrrrul. and ,uih reiiiver ,hall hate all the broad .utJ
rtltiticr function, and puwrr, in enywi,t ontnr,ted by a court to reciitrr..utJ wih appuintmrnt ,hall he math M wih court a, an :+JmitteJ
oyuih :md a m.ntrr of :+Mulutr rich! a+,aid murtg:reie. and withuul reference a+ Ihi adequacy ur inadryuaiy u(the ..,tiff of rhi property mort-
_.,eed ur h+ the ,uhenit ur m,uhenit of ,.uJ nnuteecur ur the dr(rnd:uth. and that ,wch trot,. profit,. iniumr. r„ur,..md ritrnur, ,hell hr
apphrcl by ,uih reinter :,ciunling a+the hen of rhi, murtgago :uul rhi practice of ,urh aatrt In the error r+( :my Jel_wG un rhi part of Ihr mart
La>;or hereunctrr. the mortgeiur agreo, d+ pay to the mortgagor nn Jom,,nd :r, a rea,unahlr munthh rrnuJ fur the premi,e, .ut :+mount at Iea,t
eyurt:dint to unr-tttrl(th r l 1't of the :,ggreg.ilt u( the Rvehe munthh in,t;dlmenh payahlt in the thin current year plu, the ach,al amount rd
rhi annual tavi,.:r„r„ment,. w,arr rur,.:uut in,urenie premium, fur ,uih year not iuttreJ Mthe :J,at,aiJ m,+nthh pay mrnh.
II? I hat I:d in the afoot of :,m hreaeh++f Ihi, mnrtga!_i ur JrL,uh un the part u( the mortgagor. r+r Ihl rn the ovum th:,t any of ,aid ,um, of
mount herein referred h+ I+r nut prumpth :utJ fully pail without dem:uul ,+r nutici. or tit in the runt Ih:a rich and itrn the ,upuL+u,+n,.
.,crremenh. cundhiun,- and cutortanh r+f ,.ud null :mJ rhi, mortgage. arc nut July .prumpth .:utJ (ally pir(ormrd: thin in rhher ur em ,uih
runt. the ,:uJ:+_grec.rtt ,um ntentianed in ,aid Hurl thin remaining unpaid. with intire,t aiintiJ b+ that timo.:mJ.JI mnnry,,ocured hrreht
,h.Jl htiunte rlua• snJ p.,tahlo furlhttith nr thrrra(ter at the option of ,eiJ mortgeert. a, fully and cumpletrh a, if :JI o(Ihr ,eiJ wm, of m~n-
et wrro ungm.,lly ,upu!eteJ to hr paid un ,»i h dot . amthing m -•aiJ noti or in rhi, murtgagi h+Ihr contrary nutty ith,t;mJing: and thereup,+n ur
therraftrr.:u the r.phun u( ,aid murtcegrt- wrthuut Habit,+r Jrnr.md. ,wit :d law err in ryuih. may F+r pn+,riutiJ :r, i(:JI money„reared here- -
M had m.nurrJ prior to it, in,tiurtiun Ihr nu+rtgaitt met (ureilo,t the, nu+rtcect.:+, to the .rmoum ,u Jrcl:utJ Jui and payehlt. eoJ the ,aid
per mi,e, ,hall hr ,old t,+ ,en,h .,nd pay the ,amt tuLOthrr w ith iu,h. etprn,o,. end allow once, (n ie,t of partial furtilo,ure u( rhi, murtg:+gr.
the murlga~eJ prrmi,e, ,hell hr ,old ,uhleil to the iuntrnuing hen of tht, murtgagi fur Ihr .unuunt o(the Jrht nut thin Jur :rnJ unpaid In ,uih
iav] Ihr pro. i,iun, „f rhi, pereLraph stet .,g:un I+e :n:rilyd r+f thrre;dtel from hmi h+ umr by Ihr nu+rt agrt.
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