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(a) A sum equal to the ground rents, it any, next due, plus the premiums that will next become due and payable on policies of fire and other hazard insurance covering the mortgaged property, plus taxes and assessments next due on the mortgaged property (all as soWilHord by the Mortgagee) less all sums already paid therefor divided by the number of months to elapse before one (t) month prior to the date when such ground rents, premiums, taxes and assessments will become delinquent, such sums to be held by Mort gages M trust to pay sold ground rents, premiums, taxes and special assessments; and (b) AN payments mentioned It the two preceding subsections of this paragraph and nil payments to be made under the note secured hereby she# be added together, and the aggregate amount thereof shag be paid by the Mortgagor each month in a single payment to be applied by the Mortgagee to the following hems In the order set forth: (1) ground rents, taxes, assessments, *a and other hazard Insurance premiums; (Ii) INeresl on the note secured hereby; and (hq amortization of the principal of sold note. Any deficiency in the amount of such aggregate monthly payments shag, unless made good by the Mortgagor prior to the due dale of the next such payment, constitute an event of default under this mortgage. The Mortgagee may collect a "late charge' not to ey coed four cants (4c) for each dollar ($1) of each payment more than fifteen (15) days In arrears, to cover the extra expense involved In handling delinquent payments. 9. That If the total of the payments made by the Mortgagor under (a) of paragraph 2 preceding shall exceed the amount of the payments actually made by the Mortgagee for ground rents, taxes and assessments or insurance premiums, as the cage may be, such excess. if the loan is current, at the option of the Mortgagor, shall be credited by the Mortgagee on subsequent payments to be made by the Mortgagor. or refunded to the Mortgagor. If, however, the monthly payments made by the Mr r,h ; ^r ender (a) of paragraph 2 preceding shall not be sufficient to pay ground rent, taxes and assessments or Insurance premiums, as the case may be, when the same shall become due and payable, then the Mortgagor shag pay to the Mortgagee any amount necessary to make up the deficiency, on or before the date when pay meal of such ground rents, taxes, assessments or Insurace premiums shag be due. If at any time the Mortgagor shall tender to the Modal gee, in accordance with the provisions of the note secured hereby, full payment of the entire indebtedness representrd thereby. the Me ins gee shag, In computing the amount of such Indebtedness, credit to the account of the Mortgagor, arty balance rem ^ining in the funds ore u mutated under the provisions of (a) of paragraph 2 hereof. If there shall be a default under any of the provision^ of this mortgnge ro ^ulfn q in a public sale of the premises covered hereby, or it the Mortgagee acquire-, fire property otherwise after rlclault, the Mortgagee ^ball apply, at the time of the commencement of such proceedings, or at the time the property is otherwise acquired, the balance, then roma;no •l in the funds accumulated under (a) of paragraph 2 preceding, as a credit against the amount of principal then remaining unpaid under 'ai,f note. 4. That the Mortgagor will pay all ground rents, taxes and assessments, water rates, and other governmental or municipal charge„ fine- impositions, for which provision has not been made hereinbefore, and in default thereof the Mortgagee may pay the same and that thr M ,r gagor will promptly deliver the official receipts therefor to the Mortgagee. 5. The Mortgagor will pay all taxes which may be levied upon the Mortgagee's interest In said real estate and Improvement:. which mar h� levied upon this mortgage or the debt secured hereby (but only to the extent that such is not prohibited by law and only to the extent that such will not make this loan usurious), but excluding any income tax. Slate or Federal, imposed on Mortgagee, and will file the official receipt showing such payment with the Mortgagee. Upon violation of this undertaking, or if the Mortgagor is prohibited by any law now or hereafter W existing from paying the whole or any portion of the aforesaid taxes, or upon the rendering of any court decree prohibiting the payment by the Mortgagor of any such taxes, or it such law or decree provides that any amount so paid by the Mortgagor shall be credited on the n mortgage debt, the Mortgagee shag have the right to give ninety (90) days' written notice to the owner of the mortgaged premises, requiring the payment of the mortgage debt. If such notice be given, the said debt shag become due, payable and collectible at the expiration of said ninety (90) days. 6. That should he fag to pay any sum or keep any covenant provided for in this Mortgage, then the Mortgagee, at Its option, may pay or perform the same, and all expenditures so made shag be added to the principal sum owing on the above note, shall oe secured hereby, and shag bear Interest at the rate set forth In the said note, until paid. 7. That he hereby assigns, transfers and sets over to the Mortgagee, 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 the terms and conditions of this Mortgage or the said note, all the rents, revenues and Income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain unpaid; and the Mort- gagee shag have power to appoint any agent or agents it may desire for the purpose of repairing said premises and of renting the same and ` co#Wl ng the rents, revenues and Income, and it may pay out of said incomes all expenses of repairing said premises and necessary com- missions 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 mortgage indebtedness. 6. That he will keep the improvements now existing or hereafter erected on the mortgaged property, insured as may be required from time 1, time by the Mortgagee against loss by fire and other hazards, casualties and contingencies in such amounts and for such periods as may be required by the Mortgagee and will pay promptly, when due, any premiums on such insurance provision for payment of which has not been made herainbefore. AM Insurance shag be carried in companies approved by the Mortgagee and the policies and renewals thereof shall be held by the Mortgagee and have attached thereto loss payable clauses in favor of and In form acceptable to the Mortgagee. in event of loss Mortgagor will give Immediate notice by mad to the Mortgagee, who may make proof of loss If not made promptly by Mortgagor, and each Insurance company concerned Is hereby authorized and directed to make payment for such loss directly to the Mortgagee Instead of to the Mortgagor and the Mortgagee Jointly, and the insurance proceeds, or any part thereof, may be applied by the Mortgagee at its option either to the reduction of the indebtedness hereby secured. or to the restoration or repair of the property damaged. In the event of fore- closure of this mortgage or other transfer of title to the mortgaged property In extinguishment of the Indebtedness secured hereby, all right. tlta and Interest of the Mortgagor in and to any insurance policies then in force shag pass to the purchaser or grantee. 9. That as additional and collateral security for the payment of the note described, and all sums to become due under this mortgage, the Mortgagor hereby assigns to the Mortgagee all profits, revenues, royalties, rights and benefits accruing to the Mortgagor under any and all c,l and gas Wass on said premises, with the right to receive and receipt for the same and apply them to said Indebtedness as well before as after default In the conditions of this mortgage, and the Mortgagee may demand, sue for and recover any such payments when due and pay able, but shag not be required to do so. This assignment is to terminate and become null and void upon release of this mortgage. 10. That the Mortgagor will keep the buildings upon said premises in good repair, and neither commit nor permit waste upon said land, nor -- - - - - -- -- suffer the said premises to be used for any unlawful purpose. 11. That h the premises. or any part thereof, be condemned under the power of eminent domain, or acquired for a public use, the damages awarded, the proceeds for the taking of, or the consideration for such acquisition. to the extent of the fug amount of indebtedness upon IN, mortgage and the note which h Is given to secure remaining unpaid, are hereby assigned by Ine Mortgagor to the Mortgagee, and shall be Paid forthwith to said Mortgagee to be applied by the latter on account of the next maturing Installments of such Indebtedness.