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gg_10148 `� - rzook >CXXXXXXXXXXX ( (a) (hd A sum equal to the ground revits, if any, next due. plus the premiums that will next become due and payable tni policies of fire and other hazard insurance covering the mortgaged property. plus taxes and assessments next due on the mortgaged property fall as estimated bti• tare Mortgagee) less al] sums already paid ilierefoi divided by file number of months to elapse before one month prior it) the date when such ert-ound rents. premiums. taxes and assessments will become delinquent, such sums to be held by Mortgagee in trust to pay said ground rents. pre - nuums, tastes and special assessments; and (b) (al All payments mentioned in the two preceding subsections w this paragraph and all payments to be made under the note secured hereby shall be added together, and the aggregate amount lhcreof shall he paid by the Mortgagor each month in a single payment to be applied by the Mortgagee to the following .r nts an the order set. 1011111: xbnetmmtso[oc . >i10K�gOlEXIF. (I) (0 ground rent& taxes. assessments, lire and other hazard insurance prctmurns, { jj) (IM interest on the note secureil hereby: and (III) fM amortization of the principal of said note. .Arty deficiency to the amount or any sLch 3_kgregate nionthiv payment shall, unless made good riv the Mon - gagor prior to the due date of the next su_h payment. ccijsinuic an event of default under this mortgage. The Mortgagee may colfei;t a "fate c}rarge" not it) exceed )1,ui cents 1.311) for each dollar (S1 ) of each payment more than fifteen (1 5) days in,arrears to cover the extra expense involves; in handling delinquent payments- a 3. That if the total of the payment= made by the Mortgagor under AP of paragraph 2 preceding shall exceed the amount of payments actutdly made by the !lfortgagee for ground rents, taxes and a s;e'Q! =menu or insurance pre- miums, as the case may be, such excess, if the loan is current, at the option of the Mortgagor. shall be credited bT. the Mortgagee on subsequent payments to be made by the Mortgagor. or refunded to the Mortgagor. If, hoiceler. the mthly payments made by the Mortgagor under r becif paragraph 2 preceding shall not be sufficient to pay ground rent. taxes and assessments or insurance premiums, a= the case may be. wizen the same =hail become due and pay- able. then the Mortgagor shall pay to the Illorigagee any amount nece•ssan to make up the deficiency, un or before the date when payment of such ground rents. taxvs,. a- sessmem- or insurance premiums shall be due If at an% time the Mortgagor shall tender t the Mortgagee. in accordance yvith the provisions of the note secured herell full payment of the entire indebtedness represented thereby, the Mortgagee . -hall. in computing the amount of such indebtedness, credit to tite account of the Mortgagor iidfiWiX many balance remaining in the funds accumulated under the provisions of rbi of paragraph `? hereof, if there shall be a default under any of the provisions of this mortgage resulting in a public . =ale of the premises coNered hereby, or if the Mortgagee acquires the property otherwise after default, the Mortgagee ;hall apply. at the time of ' the commencement of such proceedings, or at the time the property is othenvi a acquired. the balance then remain- ,r ing in the funds accumulated under 41of paragraph 2 preceding. a a credit against the amount of principal then remaining unpaid under said note, asDoti>�aal[tmtt[toijnaamtxtri[ tmviBtXlt7> lrfX -t- That the Mortgagor will par ground rents. taxes. assessments, water rates. and other governmental or municipal charges, fines, or impositions. for which provision has not been made hereinbefore. and in default thereof the Mortgagee may ' pay the same: and that the Mortgagor will promptly deliver the official receipts therefor to the Mortgagee. 5. The Mortgagor will pay all taxes which may be levied upon the Mortgagees interest in said real estate and improve- ments, and which may be levied upon this mortgage or the debt secured hereby abut onh to the extent that such is not prohibit- ed by law and only to the extent that such will not make this loan usurious). but excluding any income tax. Mate or f=ederal - imposed on Mortgagee. and will file the official receipt showing such payment with the Mortgagee. Upon xio4latim; of this under- taking, or if the Mortgagor is prohibited by any law now or hereafter existing from paring the whole or anti portion of the afore- said taxes. or upon the rendering of any court decree prohibiting the pay ment by the M ortgagor or am such taxes. or if such iaw or decree provides that any amount so paid ht the Mortgagor shall he credited on the mortgage debt. the Mortgagee shah have the right to give ninety days' written notice to the owner of the mortgaged premises. requiring the pa% meat of the mortgage debt. if such notice be given, the said debt shall become due. payable and collectible al the expiration of said ninety days. 6. That should he fail to pay any sum or keep any covenant provided for in this Mortgage. then the Mortgagee. at its op- tion, may pay or perform the same- and all expenditures so made shall he added to the principal sum owing on the above note, shall be secured hereby. and shall 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 he applied toward the payment of the note and all sums secured hereby in case of it default in the performance of any of the terms and condition, 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 indebted- ness shall remain unpaid; and the Mortgagee shall have power to appoint any agent or agents it may desire for the purpose of repairing said premises and of renting the same and collecting the rents, revenues and income, and it may, pay out of said in- comes all expenses of repairing said premises and necessary commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom: the balance remaining, if any. to he applied toward the discharge of said mortgage indebtedness. 8. That he will keep the improvements now existing or hereafter erected on the mortgaged proper.}, insured as may he required from time to 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 hereinbefe-re. All insurance .hall be - larded in companies if,- proved by the Mortgagee and the policies and renewals thereof shall be held by the Mortgagee and have attached thereon ins, payable clauses in favor of and in form acceptable to the Mortgagee. In event of !oss Mortgagor will give immediate notice h,, mail to the Mortpgec. who may make proof' of loss if not made promptly b\ Mortgagor. and each insurance rompanl con- cerned is hereby authorized and directed ill make payment for such loss directk to the Mortgagee instead of to the Mortgagor and the Mortgagee jointly. and the : nsurance proceeds. of any part thereof. may tie applied by the Moitgagee at its option either to the reduction of the indebtedness herehi secured or to the re toratitm or repair of the properly damaged. In event of forech - sure of this mortgage or otheT transfer of tide to the mortgaged property in extinguo•hmcni of the indehtedness secured heieh} . all right. title and interest of the Mortgagor in and to any insurance policies then in force shall pass to the purchaser or glanice y. Thai as additional and collateral sccuriry for the pai men; of the note described, and ail su u ms to 1,"onre due nder the mortgwe the Mortgagor hereh% assigns to the Mortgagee all prolits. revenues- immune'. rights ;md henefils aaccwtug l„ the Mortgagor under any and all oil end gas lease, on ,aid premises. with the tight In ietcr.r .dad re:elpt h" lilt' , :hilt and appal them to said Irij&tednese as swell before a` ailel sJcfiiu!l in lilt, ci'lldinmi, of thi, mw w.li;t'. :ow tilt' •� {t �rr_'.,�t't' 117.11 dVll:.and. ,Ile . fo; and TCIVVCr and Snth jra.cnC"l, Nhen 011y ,into riavithlc. hue ,hall riot fit' TCUtW', 1 til' 1 Far. .i.,ia. :1il :W 11 ill tt'1r1.1ln.14v srid become rut! anti ao,d orfivn re ;crse „f ibis 1-nor?gdve