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<br />87-- 102733
<br />>fM �g«qy.► M trttiar "I" haft to Rowe ft Weirity of
<br />freest
<br />I. 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 (13) days in arrears to cover the extra 4X,
<br />Penn involved in handling delinquent paym i;M,
<br />]. jj the total of the payments made by the Mortgagor
<br />under pg b� Paragraph 2 prscai{ng shall exceed the umpaw of
<br />Payments actually matte by the Mortgagee for ground rents, taxes
<br />MW wesaments or inowance premiums, as the can may be, suit
<br />excess, if the ban is current, at the opts► of the moresow
<br />shall be credited by the Mortgagee on subsequent payments to be
<br />made by the Mortgagor, or refunded to the Mortgagor. If,
<br />howulf, the monthly Payments made by the Mortgagor under
<br />OW Paragraph 2 preceding sh" eta be suftkdattt to pay
<br />t around rents, taxes and assessments or insurance premiums, as
<br />( the can may be, when the Satre shall become due and Payable,
<br />I than the Mortgagor shall Pay to the Mongagee any amount
<br />I necessary to make up the deficiency, on or before the date when
<br />Payment of such ground rents, taxes, asxnmemtie, or insurance
<br />Premiums shall be due. If at any time the Monaasor Shan tender
<br />to the Mortgagee, in accordance with the provisions of the note
<br />secured hereby, full payment of the entire indebtedness
<br />represented thereby, the Mong&W shall, in computing the
<br />amount of such indebtedness, credit to the atcatnt of the Mort-
<br />gagor
<br />X
<br />Ibt1t11pppllg1o11p( any %X
<br />balancc����yr�emat Ong in the funds accumulated under else provisions
<br />of (fitiT'paragraph 2 hereof. If there shall be a default under
<br />any of the provisions of this mortgage resulting in a public sale
<br />Of the premises covered hereby, or if the Mortgagee acquires the
<br />Property Otherwise after default, the Monpgee Shan apply, at
<br />the time of the commencement of such proceedings, or at the
<br />time the property is otherwise acquired, the balance then remain.
<br />ins in the funds accumulated une of paragraph 2 preceding,
<br />as a credit against the amount of principal then remaining unpaid
<br />under said note. 411111)OW N"MXX
<br />XM�1fY1NKbsMXXtitrellXwderlpg >ng(jlsgo�,
<br />4. That the Mortgagor will pay ground rents, taxes,
<br />assessments, water rates, and other governmental or municipal
<br />charges, fines, or impositions, for which provision has not been
<br />made hereinbefore, and in default thereof the Mortgagee may
<br />Pay the Same; and that the Mortgagor will promptly deliver the
<br />official receipts therefor to the Mortgagee.
<br />S. The Mortgagor will pay all taxes which may be levied upon
<br />the Mortgagee's interest in said real estate and improvements,
<br />send which may be levied upon this mortgage or the debt Secured
<br />hereby (but only to the extent that such is not prohibited by law
<br />and only to the extent that such will not make tM We
<br />usurious), but excluding any Income tax. State or Federal . im-
<br />>
<br />)IJIN WOMEN posed on Mongagex, and will file the official receipt showing
<br />h such payment with the Mortsasae. Upon violation of this under.
<br />XX taking, or if the Mortgagor is prohibited by any law now or
<br />> "aexIX hereafter existing from paying the whole or any of the
<br />aforesaid taxes, or upon the rendering of any coon 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 be given, the said debt shall
<br />become due, Payable and collectible at the expiration of said
<br />ninety days.
<br />(1) XW) ground rents, taxes, assessments, fire and other hazard
<br />naur ince premiums;
<br />(11) 10& interest on the [tote Secured hereby;
<br />(I I I )JM amortization of the principal of said note; and
<br />(lv)xm late charges.
<br />An deficiency in the amount of such aggregate monthly pay.
<br />[tent • unless made good by the Mortgagor prior to the due
<br />date of the text such Payment, constitute an event of default
<br />wader this monew. The Mortgage may collect a "late charge'
<br />as to exceed four cents (44) for each dollar ($I) 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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