...any payment due under or provided to be paid by the terms of a mortgage insured under this section shall be considered a default under such mortgage and, if such default continues fora period of thirty days, the mortgagee shall be entitled to receive the benefits of the insurance...

...consent of the Commission, have otherwise acquired such property from the mortgagor after default, the mortgagee shall be entitled to receive the benefits of the insurance by outright payment of the insurance claim, or by the issuance of debentures to satisfy such claim....

...consent of the Commission, have otherwise acquired such property from the mortgagor after default, the mortgagee shall be entitled to receive the benefits of the insurance upon (a) the prompt conveyance to the Commission of title to the property in a form and manner which...

...IV] RIGHTS AND DUTIES OF A MORTGAGEE UNDER THE CONTRACT OF INSURANCE § 533.5 Benefits of insurance. r the year of change or any subsequent year, amounts actually received du at its option, either as provided in paragraph (a) or paragraph (b) of this section. (a) By assignment....

...mortgagee to benefits; applicability of other provisions; debentures; definition of "going Federal rate". The mortgagee shall be entitled to receive the benefits of the insurance as hereinafter provided — (1) as to mortgages meeting the requirements of paragraph (2) of subsection (d) of this section,...

...or under the original mortgage, both the loan and original mortgage shall be considered in default, and if such default continues for a period of thirty days, the lender shall be entitled to insurance benefits, computed in the same manner as for the original mortgage,...

...assignment, the obligation of the mortgagee to pay the premium charges for insurance shall cease and the mortgagee shall be entitled to receive the benefits of the insurance as provided in this subsection, except that in such event the 1 per centum deduction, set out in (i) hereof,...

...by the borrower in connection with such loan, shall be considered as a default under this section, and if such default continues for a period of thirty days, the lender shall be entitled to receive the benefits of the insurance hereinafter provided upon assignment,...

...Commission, have otherwise .•irquired such property from the mortgagor after default, the mortgage shall be entitled to receive the benefits of the insurance as hereinafter provided, upon (1) tin- prompt conveyance to the Commission of title to the pr<>i>erty which meets the requirements...

...the Commission, have otherwise acquired such property from the mortgagor after default, the mortgage shall be entitled to receive the benefits of the insurance as hereinafter provided, upon (1) the prompt conveyance to the Commission of title to the property which meets the requirements of...