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IS. The ~tortgagur funhtr .o~enants that should this mortgagc inctigib~lity for insuran:e under the National Housing Act is duc ~
.tn~i the notc ~urtci hereby not be eligible for inwrance un4er to ihe Mortgagce's failure to remii the mortgage insurance s
~hr tiatiuna! Housing Art within ~ixty from premium to the Department of Nousir~g and Urban Dcv~lopment.
chr datc hereof (written stattmcnt of any officer of thc Depart- ;
mrnt of H~~u~~ng and Urban Dr~tlopmcnt or authorized agent of ~6. As used in this Mortgage and in the Notc, "actorncy's fcc~" _
the Secretary of Housing and Urban Devel~pmtnt dated subx- shall include attorney's fers, it any, v?hich shall be~aNardtd by an ~
Appellate Court.
yuem to the 5ixty time from the date of this The co~•cnanu hercin contained shal! bind, and thc bcnr~it~ and
mortgage, declining to insure said note and the mortgage, being ad~•antaga shall inurc to, the respectivc hcirs, executors, ad-
~icrmed conclusive proof of such ineligibility), the htortgagtr or ministrators, surcasors, and assigns of the partia hereto.
chr holder of the no~e may, at its option, declarc all sums secured Whencver ustd, the singular number shall inciude the plural, tt~r
t~r~eby immediatcly due and payable. Notwithstanding the forego- p~ural tht singular, and the uu of any gendtr shall include all
ing, ihis option may not tx exerciscct b}~ the Mortgagec when the g~ndtrs.
In N~tncss whercof the ,lortgagor has Aereunto cet his ha~d and ual the day and pear first aforesaid.
~igned, sra~rd, and dcli~ercd in thc pre.ccnrc of-
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GARY . CENTINL•:
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; f3cfore me personally appcarcd '
~ me well known to be the ~ndi~iduals descnbe:l ~n and Kho c.xe~uicd the foregoing ~nstrument, and ac~nowlcdgcd be(orc :nc that they
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~ rccutcd the samc for thc purposes thercin cxpresud.
~ Hiteas my hand and official seal thu cia> vf , 19 ~
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; /fti'utarv Public in ond jor !ht County and State aJortsa~d/ '
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Bcfore m~ pcnonalh• appe recf
GARY .J. PIT~C'I•:N'I'INf:, a marric~c3 E~c~rsosl .tomcwcliknownandknowntometo
^e the indi~idual dcscnbcd ~n and whc~ cxccutcd the foregoing jn+~rumcnt, and a~knuwlcdgcci bciore mt :hat hc cxecutcd thc same for
: ne p~rpo~ therc~n ecpresstd.
µ itoesa my hanci acxi offkiAf scal thu ~ cia~• of J u 1~' , 19 8 8
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( NU'I'11f2` Sl;j1i, ) lNwarv Puhtk in d or ~h~ Counlv and Statt aJoresacd) r
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