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<br />67--102631
<br />The Mortgagor is order more fully to protect tke security of
<br />this Mortgage, agrees.
<br />1. That he will pay the indebtedness, as hereinbefore provided
<br />Privilege is reserved to pay the debt in whole or in part on any
<br />installment due date.
<br />ment more than fifteen (15) days in arrears to cover the extra ex-
<br />pense involved in handling delinquent payments.
<br />3. That i( the total of the payments made by the Mortgagor
<br />under - - �( paragraph 2 preceding shall exceed the amount of
<br />payments actually made by the Mortgagee for ground rents, taxes
<br />and assessments or insurance premiums, as the case may be, such
<br />2. That, together with, and in addition [o, the monthly excess, if the loan is current, at the option of the Mort
<br />Payments of principal and interest payable under the terms of the shall be credited by the Mortgagee onpsub subsequent payments t,
<br />note secured hereby, the Mortgagor will pay to the Mortgagee, made by the Mortgagor, or refunded to the Mort P or. If, to be
<br />on the first day of each month until the said note is fully paid, how the monthly ggago u
<br />the following sums: f89r� Y Payments made by the Mortgagor under
<br />X)m MW paragraph 2 preceding shall not be sufficient to pay
<br />�id( KXi) pNdlidl( X11YJtlH�KlgifgXttf>mllgp>(t1�XX ground rents, taxes and assessments or insurance premiums, as
<br />)iI r�ik%ibiriGlHf%i(!(XXX the case may be, when the same shall become due and payable,
<br />ot. (jt��(� then the Mortgagor shall pay to the Mortgagee any amount
<br />�R g XXX necessary to make up the deficiency, on or before the date when
<br />ZZ" � �iJ1WIM iXXX Payment of such ground rents, taxes, assessments, or insurance
<br />XX%XX7(kl(J�j(1Ap�(X9t premiums shall be due. If at any time the Mortgagor shall tender
<br />f b!> GIMK11mAlMtllftf9pPt )flMfx9(AANXft#flx9tliftAXXXX to the Mortgagee, in accordance with the provisions of the note
<br />pp > -UUINN 0Juu kRXki(X tMVbIr>l1IXIA(IIJOtX secured hereby, full payment of the entire indebtedness
<br />l 11XKKNWW (IWXkKX represented thereby, the Mortgagee shall, in computing the
<br />fitfitXil<) tii7�ilFXX�IgtKXXdtl fic>tKXl17IXi(itXxX amount of such indebtedness, credit to the account of the Mort-
<br />��X Sl1F1Bf1l�R >tIIlAP1E�IxlPlcit'XgX FXip1Af1( lfX gagor ) tllx9Walllk# k9( Ifltl( 1fXll1l1�RR %IlfS76fXIld #Rl!>TXI�XAnR 7f X
<br />atkrrr>o r W*Xt)Nfa)tka Wfflt tx wt=ofxvetfnitclmdttfltrk VWK )brfxUKMKrrkxrbliVMCkAaVMYAx%
<br />KWAA6MM>F►ccxarcxxx ftlt, �tsxxtl�It�ciycuX�txlu (rff�tYrrxo�twut)at� any
<br />balancf marring in the funds accumulated under the provisions
<br />OMXX�x** �"NXK)WACKdANxx lb*ltuxxXX
<br />of (� o paragraph 2 hereof. If there shall be a default under
<br />�� "M x�lft xtmraxl(tt>=XXXxxxx any of the provisions of this mortgage resulting in a public sale
<br />-70iifXX of the premises covered hereby, or if the Mortgagee acquires the
<br />yti{tKlllf%itil(!j)tXXXXX property otherwise after default, the Mortgagee shall apply, at
<br />XXX the time of the commencement of such proceedings, or at the
<br />Xxx time the property is otherwise acquired, the balance then remain-
<br />ing in the funds accumulated unddt Q* of paragraph 2 preceding,
<br />a (XijXA sum equal to the ground rents, i( any, next due, plus the under said against the unt of principal then remaining unpaid
<br />premiums that will next become due and payable on policies of KWWiMiirXX
<br />fire and other hazard insurance covering the mortgaged property,��
<br />plus taxes and assessments next due on the mortgaged property 4. That the Mortgagor will pay ground rents, taxes,
<br />(all as estimated by 'be Mortgagee) less all sums already paid assessments, water rates, and other governmental or municipal
<br />therefor divided by the number of months to elapse before one charges, fines, or impositions, for which provision has not been
<br />(1) month prior to the date when such ground rents, premiums, made hereinbefore, and in default thereof the Mortgagee may
<br />taxes and assmments will become delinquent, such sums to be pay the same; and that the Mortgagor will promptly deliver the
<br />held by Mortgagee in trust to pay said ground rents, premiums, official receipts therefor to the Mortgagee.
<br />taxes and special assessments; and
<br />b IWAll payments mentioned in the two preceding subsections 5• The Mortgagor will pay all taxes which may be levied upon
<br />of this paragraph and all payments to be made under the note the Mortgagee's interest in said real estate and improvements,
<br />secured hereby shall be added together, and the aggregate amount and which may be levied upon this mortgage or the debt secured
<br />thereof shall be paid by the Mortgagor each month in a single hereby (but only to the extent that such is not prohibited by law
<br />payment to be applied by the Mortgagee to the following items in and only to the extent that such will not make this loan
<br />the order set forth: usurious), but excluding any income tax, State or Federal, im-
<br />posed on Mortgagee, and will file the official receipt showing
<br />such payment with the Mortgagee. Upon violation of this under-
<br />taking, or if the Mortgagor is prohibited by any law now or
<br />hereafter existing from paying the whole or any portion of the
<br />aforesaid taxes, or upon the rendering of any court decree pro-
<br />hibiting the payment by the Mortgagor of any such taxes, or if
<br />such law or decree provides that any amount so paid by the
<br />Mortgagor shall be credited on the mortgage debt, the Mortgagee
<br />shall have the right to give ninety days' written notice to the
<br />owner of the mortgaged premises, requiring the payment of the
<br />mortgage debt. if such notice he given, the said debt shall
<br />become due, payable and collectible at the expiration of said
<br />ninety days.
<br />xXkkptlaainrxkMrtrpsxr#f if a�txltttxao )atl�xxa4czxxrrrkftxx�th
<br />����0010° ������xtrioaultmroamcxaortoht�txxx
<br />IMMX> 1�tltlflf rfilfkkrkilH (K)t7trltllkYNK1i1�KX
<br />( I ) )INJ) ground rents, taxes, assessments, fire and other hazard
<br />insurance premiums;
<br />(II) interest on the note secured hereby;
<br />(I 11 )amortization of the principal of said note; and
<br />( IV) XXY1 late charges.
<br />Any deficiency in the amount of such aggregate monthly pay-
<br />ment shall, unless made good by the '.Mortgagor prior to the due
<br />date of the next such payment, constitute an event of default
<br />under this mortgage. The Mortgagee may collect a "late charge"
<br />not to exceed four cents (49) for each dollar (f)) of each pay-
<br />6. That should the Mortgagor fail to pay any sum or keep any
<br />covenant provided for in this mortgage, then the Mortgagee, at
<br />its option, may pay or perform the same, and all expenditures so
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