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<br />Wit h 1028 an , r,u.ii!
<br />86 ro
<br />NaTiOnal E-ic s.an 1:t. a, a., =c ,::ft _ !,. s at,f ,'. ,r Ret,el,ir,i [h.a.uudrr, o:
<br />(11) if aft,] ,I long as laid iwie of even ,;ale aaa Ihts tnAlul ent dze heid ;I, tile sccr tan ,f Il u,ing and
<br />Urban Wvel potent. a IiMmthly halge W trey+ ..t a i tirryage itmurance cretnhun} which ,hall lu; in a
<br />amount aqua I') one- rWelf'th fI'1_) of e,ne -faaif fl / - l pet tcnfurn of the average outslandinl, halance
<br />due ern the rt. to eurni> tt d without taking mill aco mil! delulquenc:tes fir pre ;>aynten Is:
<br />fb) A cunt equal fa rite gr,wnd rents I any, n, xi dill piers the pternnrlts That %% III next bec„inc title and pal il,le on
<br />policies tat- file and other hatanf insurane c avering the lnorteek:d property, plus Taxes and assessments next dt:c
<br />on the mfr,tgaged property salt as rnrmarckt hr tfre• .tfurre` t'g1 1 lCs$ all alnh aheady paid therefor dnided hv the
<br />number .,f months ill elapse hefore on8 mnnili poor to the :ale when suJ, timid rent:, premiums, taxes and
<br />assessments will heconrc delinquent. ,a;:h ;urea m he held by \torteiagce 'r. trust t,: pay lath tenon] rent, per
<br />intutns. takes and special asxczrnents: and
<br />(c) All payfnentx mentioned in file Two preceding !ht, paragraph :Ind all payments to be made under
<br />tire mote secured herrcby Shall he added Ing.elher, and the aggsetalc amminT thereof .hall he paid Js tike Mortgagel
<br />each month fit .r ,utgle paysneni t„ he apphed by the Mnrtasaiz To the loth%nl�, !Icon ran the older .,t forth
<br />(I f pn•ntunl Jlarvc, under tile '11111f;lCT - tnsur ur c 'A 1111 1 xcrrta c ; Ilousifle and t 'mill Ihvehymt. fit.
<br />of in"llihly ch araetm!fell ,t raf,rnfave iiiiar„nc, nn•rrtiun ..a, tilt ; ;Ise mat Ile"
<br />f i1) groni.r T;ti. taxes. assist rents. tirc and olhcr hails] rnsuranc, preruilms,
<br />Illl) rnterc,t :ran the note vxure,: licrehv and
<br />IIVf armor( :.sru,n nl' Tit, princlpa; •4 baud note.
<br />Any deficiency Ili [Ile amount r 1 olch iwr:�ate moil!IIN paenren snail, unles tnadc good by the Muri-
<br />gag.r prior to the ,else Late of rt,e Lett cue h 1 ,, ,�c t „ ,Tiuue ell svcnt ,,t dct : +uh under this mortcaee. The
<br />11 utgagee nlav t lic_i a lit,: ,ri 'e•' r„r I xccc i ;:, ;enc ! •11 li-C d„ Ilan 1511 n1 each nAN111,nt nl,ae
<br />than fittcen (1 t a. :,= ancars tll Lovel die cxtia C\perlw tinOf . o ur handling dehmIncnt payments.
<br />That if the fatal let 'he pa%ment, made by Qw ttorlea;tor und. -r r %.: of paragraph 2 precedine -hall exceed
<br />tits• amount of paement actually made, by the tiorteagee for ,round rent iaxe� and ur in- urance prat•.
<br />miums. a- the tale may he, such excels, if the :�au is current, ,ti the opu,xi of file yfurtgagor, shall Ise credlted by
<br />the Mortgagee on quit- egtjont payment- in 1w made tit rhr Hurt arnr, or refunded u, the Mortgagor If. hnwexer, the
<br />monthly payment- meek iv the .tikxtgagor under ' of purtfraf>!1 'preceding state nut bc• suffinent to pay nxae,l
<br />reml taxes and a - -t ssmenl.- or insurance pieminni ;e- the to -c may he, when the -ame -hull become due and pay-
<br />able. then the Mortgagor . -hall pay tri the \lortgagre ,qty :mount nerc --arc fo rnake up file deficienct on ur befnie•
<br />the date when pacmenl of -uch round r,•nl -. taxi -. ;t.-- -Trrnts fir ran- urance pru•mfum- -hall he due if at am
<br />time the llortgagor -hall tender to the Mortt,at,'ee, in accordant,- ciith the pnrvi,iun, of the nofe - ecured hereby,
<br />full payment of the entire indehtednp-- npre-cntod Ihererhv, the llnrt�,agoir hall. let rumputin„ they amount of -null
<br />utdebrtsiness, credit to the acc,xlnt of the• Morgagnr .111 parmcnts mode under the l,roxl�lons of t „; of paragraf>ii '
<br />hereof which the tl,rrteagee ha., not become• Jllii;atrd in p:ix to the s4Kreu3ry of ilou Ling anti (Than f ?evelopment
<br />and anx balance remaining in the fill[]- accumulated under [fir proti- ion- of i'- ; of paragraph 2 hprpof If there•
<br />hall he a default under an -k 'If the firoxa -•on• of lhi- murl_1age m- atlfih0 in a public -ate• of the prphai -rs uo%errd
<br />hereby, ur if the \b,rleat;ee atqurn• >. the prnpurtx otlli•r, %ire after default, the llnrtr; ago-, ,hall apple- :+t the time ;,(
<br />the commencement of Lich pnuct_ ink-. or at the tJmr the pnyvity I- othi,r %t,acquired. the haFula'e Then remain-
<br />ing in the funr(< accumulated under r - : of paragraph ' prpeedin;c. ;t-, ;t credit a4!ain,i the a injum of principal then
<br />remaining unpaid under Laud nnle. and -hall pruprrfs Jdju -t aft[ payment- which -hall help hero made nrdpr
<br />of paragraph 1.
<br />J that the• Mortgagor .oil { ._r.,un.: lent,. xe. ;s,C,smCnr, "tier Tale., 1nd rather ,,,crnmenIal or ,nunicipnl
<br />ch trge,. fincl. of rnl ... .tu n of tin pr. era n ha no teen made her:tit heforc a,xl in dcf tilt there,,( the Mortgagee mat
<br />pat the ,;line <md that the %h rag,,µ r c, elf pr r q rr; ,lehce- The official recetpl, Therefor t„ the Morq,,!gcc
<br />the M irt9agor arty p;a) all t•. „hrh oft f e !cvied upon the 11,.tuagec'• rnfcte,r in laud real r,i ;sic end ,mproic-
<br />.nent,. and which , :i. - > rrti npnn Ihl, it -rat ;.!:c .n the aeF,t ,e Lured her •hv ibut rnit it, the extcn! That such 1, nu! pruhrhu-
<br />e,l by iaw anu ioniv To the c,folf that weft 1411 nOr make TINT, I•,an a,w Lieu r bur cx Iudnrg an% in,oinc tai,. Stale or federal,
<br />trop sedan \1 riga ce, and ” Ili !tic 'tic Tec c!pt,h., wnug,uehpsemcntwlifrtile Mortgagee i' Pon s!olatronoflhnunder-
<br />raking. sir of the A,oltg,r , pr,, t t nc . n ;etc npu Of hrrcafter ev,ung flOin rating the whole it any porlion of !fie afore
<br />said taxes or upon the rencic leg, t ran, .,Purl dc: ree pn nihiting the payment fit the lfurtgnpor it an) such taxc,- or It such law
<br />(,I decree provide, That ny uo, t :aid h} the Mnrtg,gor shall he credited on the nlnrrdagc dchT. the Mortgagee ,halt here
<br />the right to glue mnety Jai. , u;Ilfc ,,.ranee To the owner of the m. rtic tied prem!,r, requtrmg the rev -ntrnl of Lett mortgage
<br />debt. If such notice he gi ri. the _led IeI't .hall he':oille duc. pav ahle arld c,•lic•, trhle fit the e xpiraui n of ,;;tie ntnet d:,v
<br />6 : hxt .tout] hr Seat a, p.r, any ,um c r keer een r ;,N.,n n,• pro, tdru for to rite, Mr rtrsgr. then kite Mortgagec..at ill ..r.
<br />bun may pal or perforrr, the lame. sn,i all egwndin/re. so muck hall he added o, the pr aupal purr, oil Ing,in the ally,,, note,
<br />shall he >eitilcd hcrehy and `lull hear lrlrere,! ;it the rare set forth In the ,ai,t note rin.ii meld
<br />-Chat he herehy .t,sigtts, rr ri,lei, .ind , ?h uvef !o the Mortgagee. to he applied !oil and file . pav merit ,d the rime :,nd .,!1
<br />sums secured hereto in _ _c f , i fa"If rte he pelf,nmamce of .,ran of Zile Tern Lind :Ondlbanll •,f thl, Moil t, car Ihi laid
<br />note all the rents. revenue nd ,n- .eel to he used from the ma rte, pied rr n r c, dunrg such umr :,, the r. r lc I ., file ed
<br />fie,, .hall reinam unpaid. anti the %rtgagee .hair have p.rtter Ts ai pcnrit .!n% ,agent ,•r .agent, if r *a „c J f r r p,rrps„s of
<br />repairing ,aid tremors and f rcnnmg The anic and , 01e, zing the rent,. re,ci ne, ;an I rnsnmac. and ;t r,; v ra, s =.t .d sued fir
<br />Comes 311 expenses of repairing .,led rrc^:a,e, and nett „eras ;omnns +Fool and cxpcn.:, mcurrcd In re•n(fng laud m.,raaging the
<br />lame and of collecting rental, Iherefrout. the halam.r rern3lnmg, If an%. to he :irphed 1; ,.ad rhr dnc harry .ri -else ;n,,rtcaI!
<br />indehtedne,s.
<br />R. That he will keep the triprnvertcnts now ctfeting o, heicafier err,te.l on the rnor!gogcsi pr, ilcrfc. invurcd
<br />required from (fine to time by tt,c Mortgagee germ,t Iola h, tire and „[her hu'.ard, !"I.olic, and :oruneeneic, in
<br />,amounts and for sgch pera,dc as n,at tae requae l hp the MorIgaece land Hill ray. rrrmptl, .+item h.;. env prcntmm n -ant
<br />Insurance proxecutn for taFetent of which has not Iveen made hercinhefor All mmn,m c ,hall Ile earned ,n :ornp one
<br />proved by the 'Imtsagee and the p hoc and rcnewai thereof ,h l he hi•ld h} the 1f„trp:r ec old h:,ec alt:,chcd therm, !r,,.
<br />pa"'re tlau,e, in favor If and in fi,rm a.ceptahle to the 11, [gal In e,cnf if lo„ Montag, •' ,iii give arnntchatc r,,n,r t ,
<br />mail to the Mortgagee. who may +fake pleh” of la„ d urn rnadc p < rapt!} its Morigag,7r end c: +_it Imuranll , nn: ti,l e,v,
<br />error] +< hereby dulhinitrd and directed tomakc payment fc,r ,u h in,s directit to the Mortdagrc ,n,lead If I,,, the \!„rtg :,p•.n
<br />and the bterrtyagrr to6ttly and he m rr , e t,. r wr part zhcre,ef, In ,% 1v opt tle.j t ill(: \f TTe agcc et it, ortr n - lhc•
<br />eo the redu,'te,n ,( IN! inAcbte des hr el ..ce rrv,j ol t the. e,l rate n Or I'll, IT .,' Ihi ra t rt, , -r I i,l,l In c, eni
<br />,Pure tit this tnortttatee let the r lrarl,fe „r 'life t Litt mot g gcd fir, era x .n cvlut nrohin. rate , I the ran a f,.cdn,•„
<br />all fight. flit attd Interest s t rile Mi. ig4v r let and To a % ran trance r I etas ]ten in ! 1;;,!! p o. To tic nut hz , meet
<br />U That a eel eltu,ztal arxt- e' = ;I:t era 'c art ill. for th, p eI •rrt I Tic neat i k d nd ' .t.n .
<br />sss +N2yt Y. 3hc v.{•nigap.,r mere(, fir lo (he M rlyag . r' fat . re cn _. sr t t ,n t .,:r r
<br />ii.t FF+'r amt ^r am at d art ,e, an t -is .Vass -t szul f r_, `ice. - a-,.h tr_: rip.hr ;, ., ,n: ...r, _ r..; c
<br />![ter s 14id --i h
<br />tr, cep e "rE n ,. etc e° u'i w [tie . nr,.fri .• lira'. x. ,. t.
<br />i,.r d mgr .�.- `. :.,, .1
<br />h:. ,a .,. ...at,.c. but •R., ,., , ., e.r , liar..,,
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