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r , 103620 (a) A suer equal to the ground rents. if any, next due, plus the premiums that will next become due and payable on policies of fire and other hazard insurance covering the property. plus taxes and assessments next due on the property (aH nr estimatedhv the Lender) less all sums already paid therefor divided by the number of months to elapse behire one (1) month prior to the date when such ground rents, premiums. taxes and assessments will become delinquent, such sums to he held by tender in trust to pay said ground rents, prrmiunic, taxes and special assessments; and (b) All payments mentioned in the preceding subsection of this paragraph and all payfncnts to he made under the note secured hereby shall bti added torther. and the aggregate amount thereof Shall be paid by the Borrower each month in a single payment to he applied by the Lender to the following items in the order set forth: (p ground rents. taxes. assessments. fire and other hazard insurance premiums; (i1) interest on the tote secured hereby; and flll) armortization of the principal of said note. A deficient in the amount of such aggregate month! payment shall. unless made good b the Borrower prior to t � Y� Y PaY S Y P f the due date of the next such payment. constitute an event of default under this mongage. The Lender may collect a "late , charge" not to exceed four cents (4e) fim each. dollar ($l) of each payment more than fitteen (15) days in arrears to cover I.. the extra expense involved in hasMag delinquent payments. 1 T1bat if th -wtal of the payments made by the Borrower under (a) of paragraph. 2 preceding shall exceed the amount i of poy:4 iem cteialty trade by tits Lender for ground vettha, taxes and assessments or im-ii ame premiums,. as the case may be, suchi e%c6A,. if'rfte loan is current. at the lei on of z e. &ffower. shall be credited, by ft. Lender con subsequent payments to be nurde Cry ibe Wnlower, or refunded to.ffw. Ek. rra *ce'. If, however. the monthly paprtents madie by the. Borrower under (a) of, 1ia ft 2 preceding shall not be suf nt to Mwitround rents. taxes acid a!wessments or insurance premiums, sts the cate may be. when the same sha-Il becorne.dhw.and pais)iiWe, then the Borrower shalk.poy to the Lender any amount necessary to make up the deficiency, on or beflorae the Bali *)lore paypxvj,. of such ground rents. taxes, assessmenus,, or fn u�a prcnfiums shall be due. If at my time the Bo�rrxlwer she M Wrtder to dw.' .ender, in; suz.,dirdance with the provisions of tN redo secured. hereby, full payment: of the entf re indebtedness represented tfier by. dw (,,ender shall, in computing the amoutrtr of such ih- debiedness. credit to the accmmnt.of the Borrower any balance remaining in the fiends accumulated under the,Vmvisions of (a) of paragraph 2 hereof. If there shall be a default under any of the provisions of this instrument resulting in.a public sale of the premises covered hereby, or if the Lender acquires the property otherwise after default, the tender shall apply. at the time of�� the ��c��ommencement of such proceedings, or at the time the property is otherwise acquired, the balance then re- ramwn.gg in th-. trundff awut�,itt..ww ut. -.Ar ( +s vvf .I"'...w�ti� • .�. p----1 ns. as a vrCd i 3- iiiai Nw w.iwaitii:li �,wiFwsi M�ivi. ��uw.rir ing unpaid under said note. f Th:t tl- ii?m -m -rr -will Pa., b s'nd M-11s, t.?nees. un5v. -, rates. and offw gmeT»r— mrit -A or municipal che$rb-a.—a . fines, or impositions. for which provision has not been made hereinbefore, and in default thereof the Lender may pay the same; and that the Borrower will promptly deliver the official receipts therefor to the Lender. 5. The Borrower will pay all taxes which may be letvied,upon the Lender's interest in said real estate and Im provements. f and which may be levied upim this instrument or the debt secured hereby (but only to the extent that such is riot prohibited by law and only to the extent that such will not make this loan usurious). but excluding any income tax. State or Federaiv, imposed on Lender. and will flit -the official receipt showing such payment with the Lender. Upon violation of this under tulk -. ing, or if the Borrower is prohibited by any law now or twreaftcr existing from paying the whole or any portion ofdw aferesaeol; taxes. or upon the rendering of any court decree prohibiting the payment by the Borrower of any such taxes, or is such IA.w.'. or decree provides that any amount so paid by the Borrower shall be credited on the debt, the Lender shall have the rigttl! j to give ninety dL• ys' wriuen notice to the owner of the premises, requiring the payment of the debt. If such notice be given. �tt the said debt shall become duo. payable and collectible at the expriation of said ninety days. 6. That should the Borrower fail to pay any sum or keep any covenant provided for in this instrument. then the Lender, , at its option, may pay or perform the same. and all expe4ditures so made shall be added to the principal sum owing on tiia . above note. shall be secured hereby. and shall bear intermit at the rate set forth in the said note., until paid. 7. That the Borrower hereby assigns, transfers and sets over to the Lender. to be applied toward the payment of the note and all sums secured hereby in case of a default in the performance of any of flit terms and conditions of this instrument or the said note, 211 the rents, revenues and income to be derived from the said premises during such time as the indebtedness shall remain unpaid. and the Lender shall have power to appoint any agent or agents it may desire for the purpose of repairing said premises and of renting the same and collecting the rents, revenues and income, and it may pay out of said incomes all expenses of repairing; said premises and necessary commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining. if any. to be applied toward the discharge of said indebtedness. g. That the Borrower will keep the improvements now existing or hereafter erected on the property, insured as may be required from time to time by the Leader against loss by fire and other hazards, casualties and contingencies to such aa-oo.'ti~s and far such periods as tray he required by the Lender and will nay preinpily, x wg d;;c, i iy iJ;er,t;l;ris or, such insurance provision for payment of which has not been made hereinbefore. All insurance shall be carried on companies ap- proved by the Lender and the policies and renewals thereof shall be held by the Lender and have attached thereto toss payable clauses in favor of and to form acceptable to the Lender. In event of toss Borrower will give irnniediate notice by mail to the Lender,who may maize proof of kms ifnot made promptly by Borrower, and each insurance company concertwd is hereby authorized and diracted to make payment for such loss directly to the Lender instead of to the Borrower and the Lender jointly, and the insurance proceeds, or any put thereof, may be applied by the L,:rtder at its option either to the rMuction of the indebtedness hereby secured or to the restoration or repair of the property damaged. In event 411 foreclosure of this insinwient or other tran4er of title to the nPortaaged pmpx np on ettingutAntent of the herehy all rrvht title and interest of the li,1rro er ire and to any insurance tw,lictes then In force shall pass to the purchawr Or Lvr,i ;ter rj 'that as ttd:ll:n111JI and Lirllaterat se.uratV f„r the pe }inert of th; now d krthret. and all Bunn tO he•.,,nic hate and r this tnsirurrlcnt. t{:: [ii,rwwcr h oehy w +sails t +r tlrc Ix'nder .111 rrohN resi:nuu,, ron.t!iie,� r!,ihi..n;,l tmiciaN a truing t,. the Kisrower tirldCr ally arks ah loll aril gtN Icawi Uri prunitv.- .. 0.1:11 (1,: tc.!hi L� ri i t%i' «t1,1 rc,.cl['t t,,r t17:' N.iRlt 1 Pa,-JO ? c1 4 t-,, U( 4 51 7 L_ c0� A