Payment of claim: interest on unpaid principal balance.

HUD shall pay interest on the unpaid principal balance from the date of default to the earlier of the following: (a) The execution of deed-in-lieu/lease-in-lieu of foreclosure; (b) The execution of the conveyance to either Holder, HUD or a third-party; (c) The execution of the assignment of the Section 184 Guaranteed Loan to HUD; (d) The expiration of the reasonable diligence timeframe; or (e) Other event as prescribed by Section 184 Program Guidance.