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Borrowrr IIId LHdrr t'O\'rnlnt Ind IKfft II followl: 88- 106318 l. That Borrowtl" will pay the indebtedness. as hereinbefore provided, Privllrse is reserved to pay the debt in whole or in pari on any inSlallment dul:' dare. 2. That. together wilh. and in addilion to, the monthly payments of principal and internl pa)'able under Ihe terms of the nOle secured hereb~,., the Borrower will pa)' 10 the Lender. on the fIrSt day of l:'ach month until the said nOle is fully paid. the following sums: lllIbAo___'~~ ~. ~".I ...'~~. """'~ ~_..~. .daIC~ ~ .. L oJ WI ~.~Dr'If'~'I"'I"~ ~~~.,. 'm.M...LdIi>.i...""", ~_In._.....l~ ....... ....~-.."..Il ,_'I\:: '.IU~_~ ~--... -, ....iq,~ ~ ~~~h~ ~~.IIIIIlxbil<ioo 1lDIlDIIIIl<1I"'lA:IX~~~p.~1"~ ~_ lJ,. b.... o. .L'_~~~~ ..iId.dl. tnlhGt:l~~~ ~~._.___".!...I..~ ~~_lIDlIlIIXJIDI__ ~ (a) dxA sum equal 10 thC' ground rcm~. if any. nt'\1 due. plu!t tht' premiums thai will nC'/(t bc-come due and payable on polides of fire and DIher hazard insurance cOYering the property. plu!!. ta:\e!l and assessments next due: on thC' propC'rty (all a!l ~.njmaled b.\ lht' Lenda) less all sums already paid therefor di\'ided by the number of months to elapse before one (I) monlh prior to Ihe dale when such ground rcnts, prcmiums. ta.'l(CS and a~!>C5sments will become delinquent. such sum!io to be held b)' Lender in trUSt 10 pay said j{l'ound rents. premiums. taxes and special a!i!>Cssmcnl~; and (~) H All pa~'111cnts mentioned in the two pret:edlOg sub!tccliom ~ll this paragraph and all payments 10 be made under the note secured hereby shall be added logelher. and the aggr~gal(' amount thereof shall be paid by the Borrower each month in a "lOg1~ pu~. ment to be applied by Ihe lender to Ihe follOwing ilem.. in tht' order SC'l fonh: ,I,.....,.., .,lIlIfJ" .a~A~ ~~~_ilAft~ ............II1II lax (I) KllJground rents, taxe!io, 3ssC's!!.mcnt!o, fire and olh~r hazard insurance premiums; (II) lIRXinrerest on the note ~ecured her('b~: (III) lXXamonization of Ihe- principal of !>aid nOle; and (IV) !lXIlal< cha,ses. Any deficiency in Ihe amount of such aggregate monlhly pa~'. men1 shal~ unless made good by thc Borrower prior to Ihe due date of the next such pa~1I1ent. constitute an e\'enl of defauh under this mongage. The Lender ma~' callecl a "late charge" nOI to exceed four cmts (4(:) for each dollar '51) of each paymeDl more Ihan nfleen (I~) daY!i In arrears to ~over Ihe Cllilm cxpense in'Johled In handling delinquem paymenls. 3. ThaI if Ihe (Dial of the paymenrs made by Ihe Borrower under (0) of paragraph 2 preceding shall e;(ceed Ihe amount of payments actually made by the Lender for ground rentS'. laxes ond asst'ssmenls or insurnnccq;:remlums. .as' the case may be. such ex~ cess. if Ihe loan is currenl. al Ihe option of the Borrower, shall be credited by the lender on subsequent paymenls 10 be made by the Borrower. or refunded to the Borrower. If, howevcr. Ihe monlhly pilymems made by 1111: Borrower under (a) of paragraph 2 preceding shall not be sufficient 10 pay ground rents, laxes and assessmenC5 or insurance premiums, as the case may be. when the same shall become dUl' and payable. then the Borrower shall pa)' 10 the lender any amounl necessar)' 10 make up the deficiency. on or before the dale when payment of such ground renls, taxes, assessments, or insurance premiums shall. be due. If ill any time Ihe Borrower shall tender 10 lhe lender. in accordance wilh the prm.isions of Ihe nOle secured hereby, full payment of (he entire indebtedness represented (hereby. Ihe Lender shall. in computing [he amoum of such indebtedness. credit 10 the account of the Bor- rower. ~~..............~~.. ~~tanybalal1l,.'erc. maining in the funds accumulated under Ihe pro\'ision-. of (al of paragraph 2 hereof. If there ~hall be a defauh under an~ of the pnwi!>iom. of Ihi~ in-.trumem re!tultinl:! in a public !tale uf till' premises co\'~red hereb~". or if th~ lendcr ncquire~ Ihe properl~ olhcn..i!tc after dcfaull. Ihc lender ~hall apply. al the time of Ihe commencemen! of !odch prol,:ee:dingl'>. or ill the time the rlfOpcrt~ i~ olherwil'>e acquired. the balance then remaining in the fund!l aL'. cumulated under (a' M parill:!raph ~ prn-cding. a~ a L'rcdil again...t (he amount of prindpill Ihen remaining unpaid under ~ilid note. ~JIlmr:Ix~ ~~x 4. That Ih~ U~mm\er will pay ground rem". la\~. a....c!o..mcm... \\iltel' rat~... and olher gmernmemal or munidpal-.;harg~''', line... or tmrlhitlon". f~11 \\hidl prO\bion ha!> not been milde hereinhefL1re. and in defauh thereof Ihe lender ma~ pay Ihe !lame; and Ihal the Bom,mcr \\iII promprly deli\~r the: ofl1cial reCL'ipl~ therefor 10 IhL' Lender ~. The Borw"er \~i11 pay all ta\e!o \\hich I11U) l'te le\ied upon Ihe L~ndl;'r'.. illlere!>l III ..aid real e~lale and imprO\emL'nb, and \\hich may be IC\led upon Ihi!. inslrum~n1 or Ihe dehl secured ht'reh~ Ibut onh III IIlL' e\lem Ihal ..u-.;h i.. lll'l rrohibilcd by lil\\ and ani\" In lhe e\lent Ihat ~uch "ill nOI mal..c thi!> loan u..uriou..). hul c\cludmg an~ mCllme ta\. StatL' "'r h'dcrnl. impo..t'd on 1 ctlder. ilnd "ill file th~ official rcceirt ..ho\\ing "U-.:l1 paymcnl \\lIh Ihe LendL", Lplm \IOlalion l1f Ihi.. undcrtaking. 11r if the Borrm\o:r I~ prllhiblled b~ iln~" la" now ~lf h~reaflL'r e\i..lillg from paYIl1E- the \\hole or an~' poniun of the afor~~aid laxc!.. or upl1n Iht' rendering of any coun decree prohibiting the pa~.mcnt tly thL' Borro\\er of an)' ~uch ta"lI(c~. or if such taw or decree prO\.ide~ Ihat any amount so paid by the Borrower shall be credited on the debt. 11lL' lende:r "hall hu\c the righl 10 gi\e nincI~ day.... \\rilten notke 10 the o\\ner of Ihe premi~e". requiring the- payment of Ihe debt. If ..uch "DIke be gi\cn. Ihe ~aid debl ..hall become due. rta>"ablc .:md COllcclible 31 tho: C'\piratlon of !>aid ninel~ Jays. Ii. That should It-.f' Borrower fail 10 pa)' an) sum or keep any cO\.enant pro\'ided for in Ihi!io inslrumenl. Ihen Ihe lende:r. al ih oplion. may payor perform Ihe same. and all e.\pendilur~ l'>0 Pa+OO~J C HUo-92143DT