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g6- 1025534
<br />IMOp1�
<br />(a) 0 A stun c sl to the ground tents. Warty. next due, plus the premiums that will next `bee' a due and payable on
<br />Policies of fire and other hazard insumite:e coverinrz 'tic mortgaged property, plus taxes and assessments next due
<br />on the mortgaged property fall as esimizateei btr the Worteagee,; less all stints already paid therefor divided by the
<br />number of months to elapse before one month prior to the date when such ground rents, premiums, taxes and
<br />assessments will IlLconte delinquent. such sums to be held by Mortgagee in crust to pay said ground rents, pre-
<br />miums. taxes and special assessments; and
<br />(b) ICJ all payments mentioned in the two preceding subsection, of this paragraph and all payments to be made under
<br />the note secured hereby shall he added tugriher, and the aegreeate amount thetcof shall be paid by the Mortgagor
<br />each month In ., single payment to he arplied by the Mtt.tliagee to the following items in the order set forth:
<br />(I) tif$t rr :,turd rents, taxes, aM&NIllettts. fire and rt!ter hazard insurance premiums;
<br />(II) (M) urterest on (ire note secured hereby, and
<br />(III) OM am"rtttauorr of the principal of sa:d note.
<br />Any deficiency m the amount •; any such aghar\!,trc r.;uathiy l,ayrnent Shall, unless tirade good by the x4,rt-
<br />gagor prior (t. ;he due date of tier fem Suet: I,a,,nc•:! r <.!itutc an c -er!t ill .Waull under tills moltgage. ]lie
<br />Mortgagee niay ,• ii :.I a "late ,Marge" 110.1 r., 1 xcecd ! ,cot+ t +1) `ur r,o ii dollar (S l r,)f each pay merit more
<br />than fifteen if i arrears to cover the extra expee,e Involved tin handlmr delinquent payments.
<br />(n)
<br />Ihat if the total of tire• pavmr•rit, made h� the Mortgagor under OW of paragraph 2 preceding ;hall exceed
<br />the amount of pa,a :enl., actualf, made by the Mortgagee for �,mund rent,, tare- and j-Ime-- �ment.s or in,,t(rance> pre-
<br />mium'. a-- the ca-e may he`. -itch excess, if the 14mit is current, at the option of the Mortgagor, shall be credited by
<br />the ylortgaeee on -ub eriuvnl payment.- (e) he ma fp'�al�,• the Moriganor or refunded to ill(, Mortgagor If, however, the'
<br />monthly payment, made be (hr Mortgagor under M3 of paragraph .'. preceding shall riot he sufficient to pat' ground
<br />rent, taxli and a-- a „meni - or in- urunre premium -. a- the ca-(• ma, he. »hen (hp same 4all become due and pa)-
<br />able then the Mortgagor _hail piq to the Motigage•e am amount none• - -ar) to make up the deficiency, on or before
<br />flit, date when payment of -itch ground rent -, (ate :L,4 -ment, or in,mance premium= -hall he due If at am
<br />time the ykrta;agor -haft tender to the' Mortgagee, to accordance µnth the pro,i - ion- of the note - ecured hemby,
<br />full payment of the entire indehtedne-- repro -enled then hy. flit, Moriguget, -hall, in compulinIe the amount of -nch
<br />indehtedoess, credit to rite account of the 4lortgagor iYi�} dZ9 .�1 iCk71�'�11ir3u
<br />n,rrrnxrc.�auw. sift. �A! �1flMSi [�vtA.[uulJltlltJtlfJfltic. il0l�t�k� 'b@Dt "1'�EiFif.'il�kA�(4,'�
<br />IN an% balance rem::inrne in the fund - accumulated under file prori -ton- of kk; V par teraph "_ hereof if there
<br />:hall be a default under our, of tilt, prd, r -inn- of ihi- morteaxe, r(- ulrtne inn public -.I!.• of '.he• pr-ml-e- r'o,en•d
<br />hereby, or if the Morigaget• acquire- ins' proper.\ otite•rµi -r after default. rill' Moriyag.•t. -hall app \\. :u tilt• time of
<br />Ill(. commencement tit tech l)rnceediniel �Y r al the time the Fintpert, r, urhprNI -, ,it.hrtwil. the tealance- then remain -
<br />fit, in the fund- m- cumulated under 'vv I, paragraph 2 pn'redrnt. a- .t (n•dii a¢;rrn -t the amount of prinril,al then
<br />remaining unpaid under -aid note {�f7r} L XtfX?r' ii} i( y�yX�utt \lt�fktt3ti}dy�(\3L \p�}3 {tdIiY7SA}Giii�lil?1iLCti
<br />l+ Z.'{iE}t3WFIIji>i n
<br />1 liar the :,,xc, ;,,, scut, uI!cr :sir. Sint ,,tier eu,crnmenta; or 'nunt,ti,a(
<br />charge,. tint', or mint ...1 hr,h r f, Ii'l n h not keen `naur hrrrtnhrh•ic .,rid m,&hurl thereof the ,lnrtgaccc oi r,
<br />pat the same and that rhr NIr,rigaaur ., nil prna,pti, :kh,cr !hr :•ti „!al rrtrrpt, rhr*rl,, I, the MorittaLee
<br />i the Sturigagol „nil pz, .al !.n r, uht,h '11— he t• led upon rile %1,:0t_.r2ec , attest in ,.:tit Te,d r,l.ile •end impnnc
<br />ment,. and ,htch ina, hr Ic, icJ ip,tn !hr, monL, :r !hc dept ,c, ulyd hr!c•h'. thus ,vii'. o, Ihr :gent that ,rich 11 11111 ptt,hit,n
<br />ed h, taus Ind ,nt% r„ the ,.rent !h:,! ,i,,h +,if! nnl ;n,ke' chi, a,,ur u,un.,u,r hilt :I,'udrng .ill, in,orne u,.. \,r.ttc „r l
<br />impo, ed I'll kto rtgagee . Ind '0ffile!Lr•,th,.,' —clpt, hulling, u,hp;,,m „•nl „nIhihr \Galg.i;!c•c I per;,u,iatu•n ill lht,:ipdc;
<br />%ikmg. or it the llorrgaCor r, I•!„hthue.d I-.-, an, tau oil,. „t htrc,aicr c•.r ring fern pa, mg !hc „hock or an, portion +,I the :forc-
<br />said late,. „r upon the rendering It ,r:, court de, ice nn :hthrume tic P.., mcm r, !he Vurg,,eur or err. ,!ILh ta,r, fit it ,u,h tau
<br />of decree provides thoi tm irnt„uv -I I,:na !,, file 11ortL:,gnr ,h;W he .fC,Lled .ors the 'll,:rte"ev doh! the \forlgagrc ,hall h;oc
<br />the right to one• nines. J;r ,riticn n „h.c h• nc, ,L—cr :d the mor!ga,Led t,rcnu,v, rcquttmg the p,,,rtcrl It the mortsauc
<br />debt if ouch notice he glom, the ,aed Jrht ,hat! hrc,mir .due p.,,.:h!r ,,1141 ,vr!le,t,hic It !hc c.prrntlr,n of ,;ud nmclN dr, .
<br />t. That should he fad l.• p.r, .,n, ,urn or keep .a,, ,.. .,,. ! pr,•,idrJ h.f ill !hn \lurtelgc then the MonLaget. at ,t, op .
<br />non, ma, pa, it perforin the •,,tne. -Ind al', c,pcnarinre, n!.,dc ,hate ht:.,Jdri t„ ti,r rani ipso:' ,Ur• n„ rite „n the ,boor rime.
<br />,hall ne secured hereto . and ,h.ill hc::r flterc,l „t Ill, i.t(c ,ct fo,!h In flit, "'Id no ic. unto paid
<br />lhat he herc'h, a—1,:n,, tran,fel, anti ,et, ,,,er !o 'tic Mortgagee t„ be applied L:,. art nce p;n men. t,f the n,,(c ,fill •,II
<br />sums secured here}•\ In r,I,, "I •r dcl'.tull it the pelf,Irm,n,c .,f Sots , , tic' term, .end —nation, „f this. Mongage ur .tic ,old
<br />n,,te. Af the rent,. rc,cr.uc, .,nd in,ornc !, lc deri,cd (tom the m„rrra;ca prenu,c, donne ,il,fl mill.-:,, the fnwipage mdrhtrd
<br />trees shall rem in (11111,110. .,14; the Mortgagrt Omfl hat --Icr III,rtavrri in, agent , . .tt'eo1, it :n,,, Jt 'Ile for nce purpt„C of
<br />repa,ring said premise, and rd !crlang the ,:uric and ,i,llt,nng . roue, :fill no 'it .,rid it ma: pa, out of ,,lid In-
<br />comes all etpenscs of repairing ,tat I ?•, ^nisi, .rod ne,es,an minii -ion, and c.M-n,r ..curred in rrenurip and managoip the
<br />same and of -Olecinig rented, Oicic'from. The l,aL,n,:r !cm.!ruing. if en, .,• he ,pphcu !, , ,:n( the ,h,ch ;irKe M ,end murlotaLc
<br />indebtedne,,
<br />g That lie µill kcet the tmpr„cmcr,ts not c,r,img u, herc.,ficr mooted tin the nior!rogrd proq;rrt,. Inured a, m:,, he
<br />required from nine in time h, rile m,,rigage•e .Igain,i loss h, htc .nut oit!er haa.:rd,. .tout ties ,n;f :,,nungenirr, ua su.h
<br />amounts stride fur ,etch period, a, r;e, he required h, the tfortgagce and ud! p,,, Ia,vnt,ii, aI n .'.,.r..rn, prcnl.11M, ,,n r,,h
<br />n»uranee p�o,.oton for pasnient of µhich Mrs not (tell made hetelot'00re 111 n„ur. :n.r .hap hr ;,urrret ill —niranie, .r
<br />proved by the Morigagre and the p,.,huc, and rencwak iherrof shall the field t,, tile �I,�r�.g.,gre trod ha,c itla,hed theme !o„
<br />payable cfau,es tit fa,or If :ind in twit- ,r„cptahle to the Mortgagee In r, en1 of !r„ ltorr :•got „!il cr,c tnlnledratc nootr h,
<br />mall to the Mortgagce. wtio rna, make proof of to„ if net m.dfe pr,,n!ptk I,, llortg,,gr+r .,rid c.!,h .n,dren,r
<br />corned is hereby autt ... rteed and dlrrcrcd ht make puymcni for w,h L ,, .ire :ii'. to rhr ',t,:r!-gcc m,IC.rJ ,I !,, rhr \lea! -e:❑
<br />and the Mortgaftcc Isintly . aata'. the rn,,trance pro,red, ni an, p.ot lhcfcrf !not, he eppfu•J I„ the Mol Ig.19ce ,t ,t, "1111c,
<br />lc, the reJoc.tion of the rndehtettne,, hrreh. ,e.tirctl If to Inc rc•,r„ t:: n,rn ,:r !e•p.,,r .,f ncc f,r,•t,err dam•recd 1!: ""Ill of toot r, 6'
<br />ceueof Chas mtrtlaagc fir urhrr irao,le! ,d title to the, morikatged pr.,; c'rR ni e,00a:ur,Ivnc nl of sec rn.k'htedn,„ ,r, tired hcich,
<br />Al right. title %rki interest M ibe- itur.F,,A.or fit and to .,m rn,r : :.:r,,r ; —I” ic, !hen m , ,!,.:I! i,.,,, t,� �hr ;`tiro h.,.,.: •,r t :r.,:l!rr
<br />9 Thai a, audio n.tl mitt .t,tlarrral ,c,uftl, ',,r the the• pa, .!cn' If :hc rime' de” tlhcd . ll 1 ... Sur.;, r.• 1,,*,.,- I- .!err -ldc r !h:,
<br />nk.e tkuF,e the Slr•ret.ar"l brief, s, "gl". I. ,hc tt :,rtgagc, tf ••!:t, r: s,-mur-, ,.,Stu, •ilea, 1r!,
<br />• Soft, .711 • , ILI non¢ io rte,
<br />k1torKagot under int r,f oil .rt! ,vat tr :i ^. Ice,P, en !,i per „n„ ., Hh �t. •.- I,' ,. r ,, ,n„ ,,;•r.r,
<br />i?afm I„ •,_yxe±•rxlrhtr,fur,•. .. rr'.r-; ,!, err: Jet” :t.r n, • r .. ..h, _ ., ,,. `,!
<br />,•w tea! 'e:.. „•• ,m. ,r. +. t , a. . ,•fir, w,h .lnr .,fill I'— hrc. r,.,r •. h, .. .-. c _ r..
<br />trod �•„ s e .0 =4 .,r , ., t.r ....,. ,,f rhr,. ,,,, .•g:era'
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