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L <br />X M&MMIMUkfIft=*1AXMXXXX <br />XftOWNXANkOLVkXkRX <br />JwlYfxlKlNlt»t <br />iNcWN(VtxifitYiifxdiMillM:X"txx <br />M RII�IfXh4pHf1lll1fk9cR1 JUI1H�f�ftlf <br />x�otlbotl�aac�lOt�a6diNRfiniolor�dlt <br />-MMMUXXNMUMUMUVAXXXUX-AX <br />l NNINN MNIlw iii 3wodmft uxluWUt+titljLuxxxxxx <br />i1ikAXll1011l Ak*A tlFxkl ADN )9tfx tx�tJ�lAk =Omx9Atxxx <br />AIMMCRI n )NMMMMIM( XXXXXXx <br />XMawetlrfatX�AuuaMMart�cXlocMU�otx <br />li llx#�1tlYU"Wg1ulftMlt A*KS==* MY(e1tAftxxxxx <br />�7Nti117iLi XdlAAAh~XX <br />Xiil�fMixi4 Tt t#HibXiaTs mxxx <br />a MA sum equal to the ground rents, if any- nexi due, plus the <br />premiums that will next become due and payable on policies of <br />fire and other hazard insurance covering the mortgaged property, <br />plus taxes and assessments next due on the mortgaged property <br />(all as estimated by the Mortgagee) less all sums already paid <br />therefor divided by the number of months to elapse before one <br />(1) month prior to the date when such ground rents, premiums, <br />taxes and assessments will become delinquent, such sutras to be <br />held by Mortgagee in trust to pay said ground rents, premiums, <br />taxes and special assessments; and <br />b WAII payments mentioned in the two preceding subsections <br />of this paragraph and all payments to he made under the note <br />secured hereby shall be added together, and the aggregate amount <br />thereof shall be paid by the Mortgagor each month to a single <br />payment to be applied by the Mortgagee to the following items in <br />the order set forth: <br />XX* 6 tx R119t)y�i� )tkR'ifR��R1xIX���tk %X <br />7wMxrlxlptlliMtXMk)a1MQ1{pt �!9! If><1tMR)6iMl)QgXX <br />nml <br />(1) XJN) ground rents, taxes, assessments, fire and other hazard <br />insurance premiums; <br />(11) )(ffi interest on the note secured hereby; <br />( I I I )Ilkyk amortization of the principal of said note, and <br />( IV)X*W late charges. <br />Any deficiency in the amount of such aggregate monthly pay- <br />ment shall, unless made goof 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 144) for each dollar ($0 of each pay- <br />premiums shall be due. If at any time the Mortgagor shall tender <br />to the Mortgagee, in accordance with the provisions of the note <br />secured hereby, full payment of the entire indebtedness <br />represented thereby, the Mortgagee shall, in computing the <br />amount of such indebtedness, credit to the account of the Mort- <br />gagor )Ekft�A[MOrllffckllfx xlF,4 �XX <br />» �audatlloauolxXxldaotweat >wadtkJnblMtt My 9 <br />balanc��a'jSemaining in the funds accumulated under the provisions <br />of 011rT paragraph 2 hereof. If there shall be a default under <br />any of the provisions of this mortgage resulting in a public sale <br />of the premises covered hereby, or if the Mortgagee acquires the <br />property otherwise after default, the Mortgagee shall apply, at <br />the time of the commencement of such proceedings, or at the <br />time the property is otherwise acquired, the balance then remam- <br />mg m the funds accumulated uniatlft) of paragraph 2 preceding, <br />as a credit against the amount of principal then remaining unpaid <br />under said note, lmxk*Md XXXggftNojl")M=NWXX p(MX7fK*kkX <br />a11YM1MiANUtxAM)M"AXJUdWXt11 Y4(t$kggg/Mplml. <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 hercinbefore, 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 />and 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 this loan <br />usurious), but excluding any income tax. State or Federal, im- <br />posed on Mortgagee, and will fie 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 be given, the said debt shall <br />become due, payable and collectible at the expiration of said <br />ninety days. <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 <br />Page 2 of 4 <br />a <br />