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<br />A stem etluai ro the uouna rents, it any, next due, plus the premiums that will next become due and pa.ahle on
<br />pcilliews of fire and other hazard 'insurance Owering the mortgaged Property. plus taxes and assessments next due
<br />pn the noriga90d properly fall as evintatexl hy, the Mort ;ogee! less all sums already paid theretor divided by the
<br />number of months to elapse before tine inertith prior to the date when such ground rents, premiums. taxes and
<br />assessments will become delinquent, such sums to he held by Morig-iger in must to pay said ground rents, err
<br />miums, taxes and special scscsstnents, and
<br />All payments mentioned in the two preceding subsections of this pa;agraph and all payments to he made under
<br />the note segued herehy .Halt he added together, and the aggregate .,n,,,unt thereof shall he paid by the Mortgagor
<br />each month ill a single payment tit tie applted liv the Mortgagec - the inllowing ;ferns in the order set forth
<br />. ��.••••. ..�,,,.�..,....,..p.�w..wn..aw. �wasnaw+#nwrr7ffp+sasrt+�rW YFs
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<br />all wir"V"U'Mir,
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<br />Mtt71iWt7lli} xif% itrgiK?SMNlltNtfiiNGllf )i+l!�idj(frx?f1 AVFSIii�iF'c3 �Ai4Ki'iiiiX74i41<xi?cx
<br />(I) Of>lJt gn.urid tent, iaties assesritents. live Arid or her h,vard insurance prelmrtnns:
<br />(11) 0li14t Interest on the r;,t(e eeured herehv. and
<br />(I 1 t)tft amortitatton .,I the prtncipal of said ncic.
<br />Any detutemy to fhc anit,LTlt of any such JgWegelr mar,ltriy paytnrnr ,hail, unless made good by the Mort
<br />gagor prior to the due date .t the next such payuoc•,r. _,ItWe an r•.er., t,t lcfeult under this rfturigage. the
<br />Mongegee may tolled a "laic ,h:jige'• riot to exceed ha.f 'ruts 14J) +, �. rail+ dollar ($1 ) of each paytnenf nuns
<br />that, filteen f l �1 claw n^ allejtS ro cover tine extra ea.pense utvolved in handling delinquent payments.
<br />(a)
<br />3. That if the total of the pat meet., made by the %lorluagor under ayutrtf paragraph " preceding -hull exceed
<br />the ,*mount of payment., actualh made• by the Nteorteu -ee for around rent., taxes- and a-,e= ,mentrw or insurance pre
<br />mums, it-, the c-a. -p may he. �uc•h exccas, if rho, tarn t, currrnr, at the option of the Mortgagor, shall be credited b%
<br />the Mortgagee on - ub.equent payment- to he ma a by the Ilontagur. or refunded to the Mortgagor If, hoiveypr, the
<br />�Tonthly payment, made by the lfortkago f under r jkxof paragralth ' preceding shill not be sufficient to pity ground
<br />rent., taxes and :t.- se :s,ment- or insurance premium,, as the ca -e may be when the same -hall become due :Ind pay-
<br />able, then the Mortgagor ;hall pay to the Mortgagee ail .imollm neer --an to make, up the deficiency, on or bt•fure
<br />the date when payment of •ouch ground rent.. facto.. a-sc•- -meat- or In -ur :titre premium, shalt tie due• If at any
<br />time the Mortgagor shalt tender to the Mortgagee. in arconlanep with the proxi -ion- of the note - ec•ured herehy,
<br />full payment of the entire ndehtedne -, repre.ented thereby, the llortgigt•e -hall, in core -,hung the amount of loch
<br />indebtedness, credit !o this account of the Mortgagor i116itfAYrfiiltRShfYi41@ I4if�ti4 ;iltr„G ,aa itw..uGfw uL t�canwo6_: _
<br />any balance remaining in the fund- ac cumulated under the prove fans t {pikj; .r paragraph 'L hensof. If there
<br />all lip a default
<br />under any of the proli -inn- .,l thi, morigago rp.•ulting in a put ale of the pmmi -e- rulprpd
<br />herehy,
<br />or If the Mortgage,- acquire- the nrope•rlt otheriiiar after default, the 1lurtq..re .hall apple, 't( the lime of
<br />the
<br />commencement of such proceeding -, tie at the time the property r- othvrter.e if(Imrvd. the balance then remain
<br />ing in the fund- accumulated under paragraph ! pre-4 4-ding. a- ,t credit again-t the amount of principal then
<br />remaining unpaid under -aid mete. AM"�b_j_>E?F>#l#
<br />�ft>�affuYx
<br />4 1. l the Mortgagor will Pa., fifffiflX ftlFx x?4 ft(2N4{h Fr` Fx%! it x f Fffttx fi% ?tlF� iKrlhxhf �f fie
<br />charge%. tine,, or imposgion, for whrsh Pnnr,ton .,a, nor hren Ina& hercuthefote. and In defaull thereof the %!ortgagre m.+t
<br />r
<br />pay the stnte. and that the tile,rigtgor w Iil pro,npih, delncr the othclal frselpt, Ihc•rcl, *r to the y}ort;;ngee
<br />`
<br />�. rhe Mortgagor will p:a\ .10 talc, whrth mat he fcs red uVorr the Mortgagee , intr-rv,t to set,) rc,d e,tme ,and Irllpro,c-
<br />incm -. and which mat he it%icd upon the, nuirig,aifr ,.,r rhr debt srulted he? eh; shut urlh to the chew that ,tich I, out proluhn
<br />ed by law and ority to the Arent that ,nth urll nor make this lout u,unotio tit!( exrhtdmg am Income ta%x gate or frdei,sl
<br />imposed on <tortgagrr. And will Idr the ,tfkial rrcrrpr ,how otg ,tit h p,,+ nlent u ith the %1nrtg.igrc t Pon t ioiatron of this under
<br />'-
<br />:aking. or if the 4lortgagot I, f rohihited I-,% ant i,;w rum ,a he, cif ter c %!,ling Runt pa', ng the ',t hide or ant portion of the afore -
<br />said tatter, or upon the rrndering „f :tilt court decree prohthrnng the pay nrent h; the ' ioi tg:ageu „r am such fair.,, it If such Idw
<br />or decree pntslde, that am .,mount ,,, P.anf ht the Mortgagor %hall he k:rcdr:cd "r. the fnorlg.sgc debt the Mortgegrr ,h,dl h.nr
<br />the tight to give nmett bays wrutrn notice it, the •,wrier of lite mortgaged premise, requiring the payment of the mortgage
<br />debt. If ouch notice he gi.eto. the said debt shall hcconic due rasAhle end ,ollectttile it the explimion of s.ud nrnctx da.,
<br />h That should he fail it, pat and sum .,r keep and <. ,.Pen :mr Prot idetl fur in thn M oltgagr. !hen the op
<br />(ion, rm" pay to perfl.nnl the s.cme..,no a1! ,,%pendmire, s„ made shall he added I,, the pnnslp,t! sun+ m ing on the ihotc nolc.
<br />shall he secured hereby. anti ,halt hcm nfcrc,t •,t the rate ,el forth m the +aid nutc. until prod
<br />' That he hrrehl :nstgn,. !r.tn,frr, .,rid set, : \ er it, the Morig :lgre, to he .gnihed In.tard (he patnient if the note .ind a!I
<br />sum+ secured herehy tit tare of : tfcfau!! ;n the perf;,rrn ;inec of .its of tine terra, -Ind umJlnoa, of this %lortgagr os the ,aid
<br />note, all the rents. revenues and income to he dcr+;ed from the mortgaged promise, during such time as the mortgage urdchted-
<br />ness shall remain unpid• kind the Mortgagee .nitli ha,e power io appoint .:ell .+ginu or agcnls is neat de,ire for the purpose of
<br />repairing xaid premise% and of renting the ,anti and olle,ung the rent,. tr%enue, and utconte. ,,nd it mat P.cs out of said m
<br />comes all ripen%c, of repairing ,nod prenuwe and nc,es,en sorntn!,,jon, .Ind expense, mcuircci in renting end managing this
<br />same and of collrcnng rentals thrrefrortt ;tie halkime rent,unmg. If an, !o be aPphct! tow,ad the discharge of Bald morigage
<br />indebledntss
<br />B. That he wilt keep the Impro,cmrni, n,,w existing of here ifte! c.,"ted on the mortgaged prolie•rt :. inuntJ a, mat he
<br />required from time to time hl the Sfotig.ager against ions by fire and other hasards. tarualnc, and sonungrntles tit ,ash
<br />amounts and (tit such perioiN as m,lt he required hx the 4loftgaget and will r,,c pr,t+nptlt \e hen ;cur sun pleul+unl, on such
<br />msurance provision for payment of which has not been made hricinhi -forr %it in,ur.tme ,#).1il tr .armed :n sorripr. uc% ;,t, .
<br />proved by the Mortgagoe And the pohcre, and renewal, Thereof shall be held by the kloitgagcc ,trill ha%e ,+!lathed thereto loss
<br />payable clauses in falpr of ,end in form :,Lceptat lc ill thr Mortgagee In cent of I,— Mortgagor ., dl gnt nnnirdl.,G noUtr ht
<br />mail tat the ',/ongager. who nial, m.ikr proof of hors if net made pr oink hs 4lwlgagoi and ; a:h ut,ur.n.e ck,mpant son
<br />cerned is herehy Authwited And thre,ted t„ make pavmenl for .u,h loss due,tlt !o the Mmiii.+gcc •o,ta :a1 t,t ro the `1or,gagor
<br />"the Mortgagee jowth . ,rid tite in,errnncr proteeds. or ant part thereof. met h .spphcd hi tht kloi igaget It ilk .,peon e lhea
<br />to the rsdttcltein pf the rudehtcdrir,s ttcrch, secured of to the re,t„ratum „t repair M the pn,perlt ti nn iged Inc• \ent of foir,L,
<br />hurt of this mortgage or other uansfer of title io the mortgaged properis in cxlingto,hn+ cut of the indchirdile— ,v,urrd hitch\
<br />all Picchu, llrk Arid mictiro if the Morfyt„go: tit and 1e ,tot msursnte Poh.1e, +,ten m h,r, t• ,hat+ pa„ 1,, the port baser .•r tit ,ntrc
<br />0 ?hid a, adJibonal ,Neu toflatrra' ce, utirs for the pacnter+t ilf the a. dr,. who'd .ind all .,ern, r,, r taut Jut .o1.te+ this
<br />nktn gAPe. rite !q<u tgap.•t hrrehl .o tru< to the Mortgagee .,al pl sit, rot co•uc, ,,\ Otle, ,ir;hl, .au1 benefit, toting to the
<br />MnrYxatty +t urAki stir Ind .IV od sn.l tivc e,+sr. s n caul prcnt+,r\ A uh Ittc r yh! +., t•, r \t ato , , e ;•f t.,r [he , In+t :na :r•i,l\
<br />tht'ni to iAKJ use #ebttdnrss .,, uev t,e•(„tr .is 111r• ,tct;+kill In rhe . t•ndiru,n...,f fhr, . , t
<br />fat and irk% , •, ar!, ,kith pi�,nrn1, .t rr,.,f:,c .end t—j r -ir l,w ,Il "O _ 1 „•'�4.
<br />.a:rld lift v'1`tr tiX ,,lki t,1.; 'u,", .. .r ..1 fhl, r"; ri:gw4;
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