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<br />$s-- 102653
<br />--- - - - --, iww.rr o Ids trclt++ria•r
<br />-_ �-►► ntta.. ftto0 ►:opiyrsiict.paaratsitanc.. .-MI -11 Itwwwwaasw LAM
<br />l�wk.p ftwwaat -wtt+a
<br />-- ---- -- NOWSMiileuWN. Aer. W WINnded. mild- applsalblei er-------^--°------
<br />.-- #il+ - -- W and iorriertil wd +tete of of i vip � *- and -pills of eesntewt- ariteM big the-6eeretarr•eF it2n8
<br />----- --- ki�ban t+j• W"Imr �ri rr
<br />ttci al+mii-be•tem
<br />td tvraiiN+ -id +Fmne•hrlf- f3y tpereertwtw erFSitrsvee�te�ex�tamfe brmrce.
<br />-------- durefrebrslenrseurrpefed .rrehnrtsitm eree.aeet+rmre�e tgtie tr Cie Too ple tiny ffle s--- --- --- - - --
<br />(a) f00 A sum equal to the ground rents. if an}, neat due, nlus tf,c I"temtur1, that will: next be.nme due and payable on
<br />policies of fire and nthrr hazard insurance ce.verms the r,!orrga!trd pro,^,• -iy . plus taxes and assessments next due
<br />on the mortgaged property !alt as eviociartri b-v the Mt,rrgagf:•; :es, ail. sur;.< a.ready paid therefor divided by the
<br />number of months to elapse before one month prior to the ;late when suit ground rents, premiums. taxes and
<br />assessments will become delinquent, such sums to be heid by Mortgagee it, trust to pay said ground rents, pre-
<br />miums, taxes and special assessments; and
<br />(.tv) fa0 All payments nxntioned in the two preceding subsechont ,,; this paragraph and all payments to be w.We under
<br />the note secured hciehy shall he adde(; w;cth a „i i t a : ;gtrca!e a•,, r,,t ;1,311 c ; :,: i ^a the Mortgagor
<br />each month to a single payment to he apni -ed by the- Mrrieager !, the +, ; •u"urp ,!erns ui the olds, let ;ortl:
<br />- - {}}_- e 16 Nil el Opres.ut! tier+ hetY >wlrecte+frrrwrrrtrw lit .tti ►ir« tan-.+!- ii .+t »fr[cand�xi+a+hHewefr+nfeaef
<br />----- ---brt+Krtttftf r �irmnrynnn - --- - - - - - °_ - -----
<br />y JtrarEe•rrrs �,ernrsn>R+rcr,� -�+ mfr+ t° ��thr'a.s•:mnr- t+et
<br />y��
<br />(I� XKX gc"un,1 rents. taxes. assessments- fire ow "abet
<br />(II) 10 inter; st on the note secured hereby , and
<br />(III) W amortization of the principal of sand .,Ii 1C
<br />Airy defiaen,•. 1r. the amount =,t any sus' 36"","19, ,., :,. unless made good by the Mort-
<br />gagor poor to tlr d, date ,I the next su r • _. 7:• . Jc!.ndr under ti.n;'IOrtgagc The
<br />Mortgagee ma} colie.t a ";are charge* not to cx,erd I„ . :rile k t. i rail each elo;!a; #t! i o! call rayrrent ,note
<br />than fifteen ( 15 f Jay s =n arrears ;c, c i, : tine r ... rx; r..., ,. !n ,!an ll nC dc'n'quent payments.
<br />3 That If the 14,131 of the- p:nmeni- mad, to Ili-- Mortt'e _o. und„ (t):;' , ,,r.wraph Y preceding hall exceed
<br />1-
<br />the amount of payment- actualh made' hx the ylortracre• 4,r %round rent -. tax, and a-- c- -ment- or insurance pre-
<br />miums, a- i�e rase may be. such exerss. if the titan is current” at the o;,;., c of the Mcxtgagor shill tae credited by
<br />the Mortgagee on - ub- equent payment- it, do me , i„ Th.- 1lorigag,it funded In the Mortgagor If. huue•vter. the
<br />rnonthly payment - made to the Morp,agor uadtr :V(I paracraph ' lrc,cdm Oi,ilf not lac sufficient to pa%' ground
<br />rent, taxes and a,-essmem -, or insurance premium -_ as The t a. - -e mat hi, ,,hvc the same• -hall become due and pay-
<br />able, then the Wrigagor shall pay to the %kirtiragee an% amount nee v - -an to make up the deficiency, on or before
<br />the date when payment of such ground rent -. taxe -, asses -ment- or in,urutce premiums shall be due- If at ans
<br />time the Mortg2,cicr shalt tender to the ►lorlpa:;ee. in accordance with the pro,[ -ion- of the note secured hereby,
<br />full payment of the entire indelitednt' -- repre -cited therrb%. the tlorigagee -hall, in computing the amount of such
<br />indebtedness, credo to the account of the Mongagot a4f wnteee�wre rnt4cf�l�} cr�+s+ews�L��wt�acagsapl►
<br />IrerreFwhiCh the atci-&iw arttrthe -'Kt I, e31 r +Iira- rim- -nd 1 -1inm-8erttopmcitt--
<br />wd•anv balance remaining in th •fur- ,rnnn! :,ted nfdeI the pniyisu,n- of(� of paratrraph _' hen't,l. If there
<br />-hall be a default under an% tit ;ht• pr( .,! Ihi- murt_.wi- r -uhini- in a public -ilk, of the• premises ro%ered
<br />hereby. or if the Nkirtirage,• acquire- the or, nn r,. iohor +s. -. :,fur ch fauh, ihc NIur„aef- -hall appl%. at the time of
<br />the commoncetneoi of -uch pro(eedr, -T r r ihc' tiro, th,• pn,pe,i, ;- otherwise• acquired. Ito balance then remain -
<br />'
<br />ing air the fund- :neumu!ate•ei under „I pa. air pis 2 pr,,,•d fin e. a- .: tredlt ae.un -t chi amount of prinrtpai ;hen
<br />x
<br />remaining unpaid under ,aid n„ t,.; wel.a:,l+iuwji..ry�aoee;.�aw��w ru.cu- :.fµet, - uallby,.,1a< cur rirtdµidwF., --
<br />"4• pm lgetmph -L
<br />3 Th-I the Mortga -l'or .. -.,. gNUn: rile. •...,. , r,. „e;c' ric' .and ,nccr g.nernrnenidi or mumelped
<br />charge,. tine.. or urryr,rt,an, T sm,h pro, n,ar, h, r, �.•c ^. -..- .c• hc', r ':.. , -end w dcf &u'; thereof the Moric:igee ma,
<br />�...
<br />pa% the same. anc. ih.,t the Af -I L:a,:,•r uI! r;or Tit l•. dr!r,r' the ;•th, ie.•'Ipt• :here`.,.., the Mortgagee
<br />The Mortgagor will pea a 1 !.:xe, .,hi.h 4,i,: he '.,Ie.: "Pon ihc Mri,- 'e"ece Intent',' in sc:d rein: estate and rmpr:I,e.
<br />menis..ind which rr..!, he ic,te; ur,,r, th„ m ,;_Fc :i' Inc dc' , ure i beet , ,onit ,at!, ik the extent than ,ugh i, not litohihii -
<br />ed t,f law and kink to the earn[ chat -uch will no, si: tic ;hr, r,•,rr u,u ;wii- but vk..iud,ng in% ii,omr ta,. Mate or Federal.
<br />imposed on Mortgages. and , ifl the the off"'ta re'e,p! 'h„wing ,.. � u I;h the M„riga :ec• t p,m x udation of ihi, under
<br />taking. or if flit Mortgagor is p r,hnhited hx an, taw oou , it hcre"IC' c xI'rnng trop• pa, ing the w ho!e e,r anx portion of the afore"
<br />wed taxes. or upon the rendering of in% ,ourt de, ree rrohihiung !hr ra, men! r, the Mk,rigagnr or an% such taxc, or if such lau
<br />o r decree provides that ans amount .,, p„ id h% the Mor,g.,go, ,i:-,' Tic .-cdoed .,,r the nor;age dehi the Mortgagee 'trail hair
<br />the right to gne mnen d.,I, ititar notice io the ,anv of the m,-rigaeed prim „e, re,yunnng the p:,}meni kit the mortgage
<br />debt If such notice he even. :he ,.kid deh! ,hail he,orr!C dice. pa%ohle .and c„!le,tihlc it the expiration of said nmciv Jd„
<br />6. That %hould he fell io pas :In% ,um or keep &m .. ,c• .,r, err,ided for In 'hi, Moiigagc. then the Mortgagee. .o it, op-
<br />tion. may pay eY ,crriorm the ,arise. and all vxpenettme, ,.• rnaue shoal !,c :,idvdl I,, 'he rnnctpa! sum o,.,ng on The aho,e note.
<br />%hall he secured he, chi :Intl shadl hear interest .tc the rate set forth in the ,a:d note urilis paid
<br />- That he hrrch' &.signs transfer, and set, I%er to the Mortgagee h' he app!trd it, .ird the r,,, meni of the note and all
<br />sum% secured hereb% In case of default in the perform in,e .,f an% of the term' and , ond!nom of tht, Mortgage or the said
<br />noie. al! the rent,. re%enur, .rod income to he LIM%ed ftnrrl the mortgaced prrmnr, doing sup h nine a, the mortgage mdchted
<br />tress shall remain unpaid and the Mortgagee 'hap' '; -e power to arp.,mi .im agent or .,gents it max desire for the purpo,e of
<br />repairing said premises and of renting the ,amc and ,ohtcring the •rni, re, en iv, end momir and It me, pax out of said in-
<br />come. all expenses of repairing said , remt,r% and nccessarx commission, and exrcnses in erred in renting end managing the
<br />same and of collecting rentals ihcretrom. the balance remaining. it am. to he appitee' !,,ward the discharge of said mortgage
<br />indebtedness
<br />13. That he will keep the improvement% now exnune of hereafter erected on the mortgaged rropert%, insured its may he
<br />required tom time To Time h% the Mortgages again+ i4,” h. fire .and ,ether ha;:erd, ca,ualtics and con ineencie, to such
<br />amoumc and for such periods ac may k required by the Mortgagee end will p.,, pr•,mrd%. when dur an% premiums on such
<br />Insurance provvooin for payment of which has not peen made hcrcrnbefore ;n fn,urankv ,hall tv ,, arned in ,e,mpanies ap-
<br />proved he the Mortgagee and the p',,!icte, and reneual% thereof ,hail tic held b, rile %lortgagee and ha,r otached thereto i,,,,
<br />paxahle clauses in favor of and to fitr I it ;ertahie !,I !9e xl01(gagee In %sent of Ios, Mortgagor wilt gne immediate norr,e m
<br />matt to the Mortgagee wih: Tina% mane rroe' of loss If not m.ede ! +rr,mpU% h, Mortgagor. end c:+,h nnur,In,e ,0mr3n\ con
<br />cerned is herebv • cithonred and di c,teJ 0 m,kc p;i, event for such loss dtrecth to the Mortgagee Instead tit to the Mortgagor
<br />and the• %lortg4gr rs ,ntk arki tar r,uran; c r, eel!' or ;in, rare thereof _ Tina, hr arr!,ed h, the Mongager it Tit, option either
<br />io the reductwxn of the indehie ric- rich" t ,red the . s ;,naa,,r• air re n 4 ;k,c prorert, damaged In c, rni of fore,io
<br />%arc of iMs mor gage, or tither trail ter of title to he morijzagc - vrkircre, in c x rot. ,I,hntrnl of the indebtedness secured hrrch%.
<br />ail 'Ot tnie a, .. .r, -etc, !'rc M.. nag,•: - t t .,n, inwr., r,, t ^ol�._ir, Iocn r, ' r,v shall ass to
<br />p the purchaser or •,:,ntrr
<br />fv
<br />v That :. ,d. u,a,; r i - r rt;s, f,,• the n: +, rTIvni t the !1r 'r -, firs'. and all %um, to become dot under this
<br />'•
<br />tit
<br />tn,rt(,aae t4c x!, 3.4 1 =' , ••'lw . 1,• Inv %lotti.,ker i!: p., hi, rc,rnar, r. , ,tin,. rights and heneht, accn,ing t, the
<br />T`
<br />k4ortgag it : ❑,dr ,_.+ , , , . r. _ , r r rlsr, u Ch +hr •,gh• I.• 'r. r' ,c .and rccnpt for the same art! aprls
<br />!he!T t4. :.t,ti r ^C ;C hrr•.!r�re' e t t: ,`e rr ,iIiCC' de et +!ill :r 1hf .,rn,lnf„n. ,. 1 ., , ••g.,te ,ni It,r yfi,rtgagre Ti11:1% der,,.o,ki ,;IC
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<br />f:er and rt "',s 'r ,x,h a .. -w ., 1,—.,!.+r .,,J r,.. -.a "!e h!i` ,pia;; nu* R .,i l..r ... .., I, ys,•gninC ni n tr tCrrnt n,a lC
<br />,., . r +: 14 tx, iq ,y
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