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86-10281
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<br />A Will Oqum to gyre giounu rents, It am, next cue, efus the prernfulns that will next becnnte due and payable on
<br />policies of tire and other harard insuwrfite the mr ?r g: Cd put.erty. plus taxes and assessments next dut` c
<br />oo the itiorigagtw property hill as rstirrrrtred be r! e ;if,ateoQec ^? lees a'',urars J!readv Paul therciili Ji.ided by the
<br />rturnber of months to elapse betore one rnontit prrrtr tit the 'late when str h gn;und rent:. litemtums, taxes and
<br />astescetents will becntne de)itentrent. ,tn:h sums to be held by tlort_a ee :v trust to pay said ktolind rents, pre
<br />rn!ums. taxes and special assessateots, and
<br />All payrneTits mentioned in the two preceding suh,r;i:ons <ti this paraeraPh and all pagments to be made under
<br />the vice;- cecu€ed hereb,p shall be idded r igeiber. a a aggregate atnruml thereof shall he Paid by tfie htoogtgor
<br />eacil nIolith l.'1 s Mgle Payment taro be applied `: !te Wi {ecagee !I. the lollo%ywe �ICrns in the order set forth
<br />t1AWtAMM�% tit1lC�GkJfit111tX1000rra rnikl! tklol€ tYwroonrx�Jtir�tXlta�tlnaalom4xwkilutJStittittrtkk�Xlb�lrillCS ^n1U�aorlRprt.
<br />�rs7uNi11iMrW>p�t(xRy frgyc�ucryM/ MktlllrlAdrF/ f/ fF4rYN4Xt! Td�1R>,�rFl4lrtFxaitltfiSiFir�x
<br />( I ) gn?nnd rer!ts, taxes. ascesstnruts ;te and other hasa II �juanee vro bunts:
<br />( 11) ,rrterest on the rote k:ured herehy. acid
<br />( i I I )JJW a; •r»tiianon of tite prmeipal =if ,ti - 11ole.
<br />Any iktioeo, yv in 1)Oe aniclunr of ane . r3. aitr to B!"otlih t,ayment shall. unless made good by the lforr-
<br />eag r prior r„ the due date of 1 e next such pay:.. _ ,,tiuue. all c,rr;t �.O �i.fauit coder airs nn,ati•¢c. The
<br />Mortgagee, r,aro coliect a 'late charge' not tea rx,..< :tars !4a) ,i ,ach 1, 114u IS I i , : eacl, pay I' - more
<br />hail 1ILeeit t ? ! •r ` s I. atrcats o Cover tht cxlra cx . •x rn%oi%ed in handling eielmquent pax menls.
<br />(a)
<br />What if tilt- total of tht• payment- rijade is File ll rl agtel julder !xxi xof paragraph '' preceding -hail excved
<br />tile amount of payment- actually made by the lhtrt Jgpv for eround runt-, 1-t- and a,• v'- -mpnt- or in- oranee pre-
<br />mium. is the ca.-e may lip, such excess. it the kutn I, current, at tilt option of dte !ilortgagor, shall be Credited k
<br />the Uortgagop on uh:vquent payment, to he ma e by the Mortgagor. or refunded to the %lnrigagor If• hvtcvrer. the
<br />monthly payment -male by the Mortgagor under �x of 1',uts ai a .'. precrdtng sh;dl nut he .efficient ul pay ground
<br />rent, taxes and at ".. meant- or insurance premium -. a- the c a -e ma} be. ,ehen the -amp =hall become due and pax -
<br />ahle then the %lortgagor -hall pay to the \9ortgagep ails amount npce•--an to make up the dt•ficiency, on or before
<br />the date when payment of ;uch ,rmund rent-. taxe -, a. -" a .mpnt- or in- uratncp premutm- -hall tie doe•. if at any
<br />tim c
<br />e the Mortgagor -hall tender to the Mortgagee, ill accordance with the pr i,i -ion- of the note - ecured herpby_
<br />full payment of the entire indebtedne=- rt•pre -tinted thereby, the %lortgatee -hall. in cumputinz the amount of such
<br />indebtedness. credit to the tccount of the Morigagor x1��tligDli!% kilithYrtlfr{ kxlll�Jt7[ xillftc} �Sl£ ItirXliifitil)€ x�tio-iccltlof )iifitlliTittlilt3trex
<br />�L7UbRitxvt�litNk€ itiMktilodRltlptxrritttx, 0orjt�odnoncwbiil [atrAxktytewxfrt tlitta lemc:rtawrtrttt,llrrxitt xxtauiriiakatt xitkt'ppJc�ptettax
<br />ane halance remaining In the fund accumulated undc r the pro\ i =ion - paragraph _' hereof. If there
<br />-hall btc a default under ans of :c, pro et >son- of lhi� morlLage r ulhnc in a publi -,de of the pre•mi -p- cosered
<br />l!preby, or if the l9ort ogee aeeluirps the !rn,pprrt atlherwi •after default. the tlnrt •ogee -hall apply, ai the lime of
<br />III(. commencement of much proteedinr. or at the time the propt•rtt i- other-" acquired. tilt. balance then remain-
<br />ing in the fund- act-amulate'd under xx sbf paro-kz,raph ? precedinn- a- -I crodit again -t (fu` amount of principal then
<br />remainin>: unpaid tinder -.aid note- ` x33 �ixRS86lliti3xifl.�k5iitfc iSfSinYxS}tt9Aillit7 tkl)# t3 x �3rf�tF�lelkYt �kYlitrktlkiESilt t9i�S�xft f etixx
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<br />-I Th.t the `,lorigtfo r •..r pj s tcrrr,- 'u. .., a..,mcnl- „; cr • , .:cad other eo,crtmrrnAsl or tnurucipal
<br />harge,, lines. or unp i c.a,- for wl uch P an has noi t,ec n in-le h r rota' ., -tid ;n J iou!t Thereof the Mortgagee mas
<br />pav the same. and that the e.l rr(c;li: ! t, nil . ,tlPht oil III c r the F.. :,tl I, CCjr t, Oh:rrtor t., the 1lnrlj!ayce.
<br />�. The Morlgat: r A,P afl i,txe, Ail I rt . 1n Ic6led n. ? I File !n .,iiai real v,laie and inipro:c
<br />ntenis, arc wh[cti m:;. he 3c,,,cfj upouthl, i a r, -sac IT the dchl v_urcd here!,-, ;hill oni: t the extent 111:11 out h i, not prolliba-
<br />ed by !av and onia- to rile extent ;hat such •,alit net make +h„ Hon uxam u,l hu! cxcludine an,. Income tale. State or Ftdc•rai.
<br />imposed on %1crtgagce , =nd '-:a 'i the the orh-aat rcceOPt ;hollIng ,::.'r ) pan men; u!ib the %Ioriga ee Iron vtoiation of the, under
<br />taking. or if the \tortt r,airhtted by an, tall nee 0i h:r: '.:!ter cxnuOh tlonj pay mg Ihr whole or any portion of the
<br />sand taxes. or upon the rendc-lite et an,. Court decree prr•hri,rtine One p,,,,nent h; the Morigagor "rally ,rich tares. or if such 1::,.%
<br />or decree Pr ,ides Chad an% ali Sum , or aid h, Ohr %ta rtexsgor ,!Fah he Credited ,a; the nl "Ilgm;c deht, the Morigagee ,hail hire
<br />the right to give n:ncTt d:n, ,crlltcn rift ct to the 'owner of the !nonga;;ed prrmt,c,. reettor[ng the Pavruen€ of the inorieree
<br />debt. If such notice f>e g ecn. the :aid dcl t shays biome due. e hie Jnd :oPe,Ilhlc :,I the c,., irannr, of . rd Hulett dal, ,
<br />6. Mal h tltf he lai ,, p % t c um keen, ant --r'i pru,Tded [,IT In tit[, ilcr`gacc. then the Mortgagee, at 11,:,p-
<br />lion nt ay p pelf i. the ,ame tnj-! e,Pendhurc i.wc ,hat! be a.fdcd to the rnnitpal "Im „wujg or the aho,e note.
<br />,hall he Secured herehs.. -"i .hall brat :merest ar the rate ,ci "forth In he ,aid note wall P'•id
<br />That he hcr;t , e;t c and ,et, o v t,+ ti:e Mortgagee. h• he arphrd Ii arJ the pr. inert c,( the ,joie and a!:'
<br />sums lecurcd hereh, t., et , t m the performance of : n, of the term, ,rd _ndlnort, ,,1 !h[, Mortgage or the ,•lei
<br />note, all the real,. le cnuc -.qd !r`e t c to he acr:vc i from the =norrgaged preir c il. ring ,rich inine a, !he mnrtptce urdehteJ-
<br />ness ;hall remain unpaw ails( the \I o rtgagee ha.! h a,c r ewer to arpofnt an) a1'ert or agent, it may de,ire for the Puri—c of
<br />repairing said prcnri,e, and cl renting The ;tme ano eo!kCttng file rent,. re •.rmle, land I.-.eome. ,aj.: it ma: paa rut of ,.e!d in-
<br />comes id! expcnsc, if cpar:jnl s vd preen and rc c ue e Finn 1 ,fen, .lead rxnen,c`, :R'oa'd ;r• ren r ag mlli ill atl agnic the
<br />sclme xnd or e r!3rcting rental, therettorn..ht hala CC FenloiPlng, if :lily to I,e applied lots ;Ili file ,h,sn:,ru •,t ,..rd mortgage
<br />ittdef twines;
<br />8. 'Thar he %Ili itcep !hc m Pr,aemeal, n w exl,ung or hereafter ereurd va tha sa llgagcd Propc[tl - !Nord " may he
<br />required frorn time to urz-e �, he ltorigagee -e.-•ir.,t i,,, b fire and other has s-,. ,a,uattle, and .,nt!nj:cn"c. In ,ueh
<br />amounts and far, .uc h prrror!, as Ina, he cglr••cd t„ rtte lfortg a}<r and H ill Pay Pr ,:pth - ,. fern ,hoe stn prenim in, on ouch
<br />itesurance Provision far Payorw of mhic-h has net teen made here!nfwf, >re L•! ;moraine' ,hali I,c e „fried in jpasne, an
<br />oc
<br />prO d by the Mclrl a and the'rri)hcic, and rertrx !, Thereof ,h,,!f t*C heid h\ the \1 `!Igagr and h,,,c an aJbrd iherc:v ha„
<br />rri pahle elate e, In fokor (,f and in fovit ;bete J; Irr to the kiortgagcc In E 4 nl of I t teaks r , .tl $t 'e Im jedl at[ 1 Il .e !`t
<br />ntatr to the bteorigagec. wilt• may ittai,e Proof f c f to” if no! ill do enrol!. hs \h irk a{.,,r.:a ,o t ;,. h jn,kIr,lt,c , rr , ar x i.,n..
<br />cerned is hctet,y :tulhofi red and drreeted t •cal c payment for n h !o„ Jnc.lfy f, the Morri asee m,Ie tr f t„ the M , i , gor
<br />areal the !fetflgaprc fox alts and the inuranec p i+ cCet -ran Pa th r"f mas !-,' P ed h, ht 1! nra lee i€ It, Ptt n t ihe;
<br />te, the•. rcdus.te ' of t!ae tsilrhtralr llerea,j '.'used r t, tt .r for horn f i p..; of hr nr i s to dani,gcJ III e, tru off rc,.,,.
<br />sure of this Me4illo e or t flier fr raster Of u.rc t., The w ,rigavc f rtopert, in c xctn>;u! hna: ,l• , -I ,t. I"Jehledn", - 'sole', hard„
<br />-f7 right. ut;e ,j?uf ;rte: est all the Ll, ter c;i m and t +, any trhnt;Inct Pc lase, Shen o` to , c . 1Jr r ,,, the , ;,•, erar.fre
<br />`r itttr k ti low" and a 'e t ro% f the t .taxi f the r r,he . '.. f ;; a n [,I I < da 1 4a !ht,
<br />Rye tpta Fite 4t,u ".Kag:s f e,ei•, tazw. • , r..e 41 ro; ,Ha .c, .tip ,. n. _ e.�z,e +. ..Jae T:zt a, a,a.i ,,, t,f
<br />n tar a� 1 rile
<br />eta ttr.: }°e ni� ] F?.aIr� .>LEro .I .a ,.H :=fi t µ ", _k.J .:a .,.... I ,. . r, Y. ,CC na.?,.. .. .. , c ,
<br />Floors, to +sa .,,e.�..er. ak-1, e, „ ; + n , , rj a -arise ti r
<br />:' e`€ r..: { !•. ; r ! _.,r xt .eve. e
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