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RE•RECORDED86 -- 104709 86- 104596 a (W) A sum equal to the ground rents, if any, next due, plus the premiums that will next become due ,and payable on policies of fare and other hazard insurance covering the mortgaged property. plus taxes and assessments next due on the mortgaged property (all as estonare(l hr, the , Mortgagee) less all sums already paid therefor divided by the number of niontrs to elapse before one month prior to the date "hell such ground rents, premiums, taxes and assessments will become delinquent, such sums to he held by Mortgagee tit trust it) pay said ground ants, fire - Iniwns, taxes and special assessments; and b (g) Vl payments mentioned in the KICK preceding subsectiunj of this paragraph and all payments to be made under tite note secured hereby shall be added toterthet, and the aggregate amount thereof shall he paid by the Alortgagoi each month in a single payment to be applied by the Mortgagee to the following items in the order Sit forth: f I f�yi ground rents, taxes, assessments_ lire and other hazard ;nsmance premiums: II {YVTq' interest on the note srcurd hereby. acrd III fly) umorttzatitin of the principal ,tf said note Any deficiency in the amount Y,I ann such o;gtegate payment shall, unless inade I!oi,d h } the liiul- gagor prior to the due date of tie next su,h paan +cat!, troinlutean event of default under thiso„uteage_ the Mortgagee may collect a '*late ehagv; not f, _x_rrd b,<a _= tits (J¢') for each dollar IS I I of each ,pas'mcut of -o than fifteen f 1') t[a: s rn arrears to cove! the extra expense involved in handling delinquent payments_ .r, That if the total of the payment= made by the Mortgagor under (hi of paragraph 2 preceding shall ext eed the amount of payments actually made fix the thertgagee for eround rent,, tare- and assessments or insurance pre - mium a- the case may be. such excess, if the loam is current, at die option of the Mortgagor_ shall be credited by the Mortgagee on subsequent payments ti) he made by the Mortgagor, or refunded to the Mortgagor. If. hos*eter, the monthly payments made by the Mortgagor under '&; of paragraph ' preceding shall not be sufficient to pay ground rent, taxes and a- sessment- or in,,urautcc premiums. at- the ca -e may be. when the same -hall become doe and pay- able. then the Mortgagor shall pay to the Mortgagee ant amount nere >ssary to make up the deficioncv, tin or before the date "hen payment of such ground rents. taxes. a_:- essments or insurance premiums shall be clue If at an time the Mortgagor shall Icmder to the Mortgagee, to accordance with the provi -ions of the note secured hereb% . full payment of the entire indebtedne -- represented thereby, the Mortgagee shall, in computing the amount of such indebtedness, credit to the account of the Mortgagor MW ant halanc7c'gFiiiiFikiltg tt.the funds accumulated under the provisions of ftv of paragraph 2 hereof if there shall be a default under any of the provisions of this morteap;e resulting in a public sale of the premise- covered hereby, or if the Mortgagee acquires the propcny otherwi. <e after defardt, the Morteuger shall apply, at the time of the commencement of such proceeding * -, rte at the time the property i- othvriki -e arquirvil. the balance then remain- ing in the funds accumulao-d under id/ of paragraph 2 preceding. a- a credit again-( the amount of principal then rtmaining unpaid under -aid note, 8. That the Mortgagor w!fl pas troumt rent, tt,te, . :,,,ce,ment,. watet rates. and other g—vr'nnici n,at t,t ,numesp.0 charges. fine._ or impo,uions, for -brch prisrsion ha, not ;seen made hereinbefr,re, and to default thereof the %lorl_i i2ee n::, pay the same: and that the tilt 'tfagor -d! pr,nnpth delis er the otfictid receipts therefor r0 the Mortgagee. i The Mortgagor will pax 911 taxes -hteh may nt he levied upon the Morikagee•s terc,i in said real estate ,nd impro,e meats, and which may- he levied upon this mortgavc 1tr the dehi ednred hereby that „nix to the extent that ,u,rh I, ni,t intdohn- ed M law and only it, the extent that ,ueh Will not make !ha, I-in u,uriousi, but excluding any mcorue lac. `,ls!r or fedcr,l_ imposed on Mortgagee, and will Ile the official rccetpr shoo inu,uch payment with the iilorigngee. I_ Pon . nd,in,11 of ihr, 4111d,r taking, nr if the Mortgagor is prohibited by ,rot I.,- now or hereafter exisnng frorn rat ing the w hole it ans pt,ruon „f the afire said taxes, or upon the rendering of :ins court decfee pn!bmonng the p.itntept by the yi,xigagor t,t ans ,nch lane,, +,, if ,itch!, - ordecree pro+ides that ans amount so p.,id by the Mortgagor hall he rtedned on the niorigat}e dept. the %lortiragee *,.all h.i.r the right to {rive ninety day,' wtiften notice it, the :,wrier of the morig,,gcd prertta,e,. requiring the par :ncnl of the n,otrc:, e debt- If .ueh notice he given. the said debt shall becorne due. pay able and ialiecubie at !lie c xpration of said mnein darts ti. That should the fail I., pal- any g11n1 or keep any rnsea ::-m= pros ided for in nos Moir 'pee. then the bon. mat put tit perform the ante. and all expenditure, „i made shalt he added to the pitneip'd +ltm tt-ang or: th,, .,tk••.e n,ac. shall he secured herehv, and ,hail he,tr mtere,t at the rate ,et forth in the ,aril note. anti! -rid '. That lie herebv assigns. iran,fern ;ind ,et, user tr1 the Morlga izee. to he =tpphed sou and the p.;v ment « ! the „ s is : rid ail sum, secured berehy in cage tit a default in the performance id an, tit the term, and condanonc M tin, note, all the rem,, resenucs and Income to he derived from the rnotileaged preno,e, during ,rich ante a, the tit „r!c ::r itdeh!e ness shall remain unpaid. and the Mortgagee shall have power fit appoint any agent w ,tgeru, it max de,ue f,n the i aro .f repairing, said premises and of tenting the same and collecting the renh, resenue, and mcome, and it m,,i p,,e ,, „ t —ttt u1- comes all expenses of repairing said premise, and necessary nrmmi,sion, and expenses incurred u! renting end ,ran;,grng !fit' same and of collecting rentals therefrom, the balance renaming, if any. to he applied tow „rd the di,ch,age . l ^girl y,t r• tmlchtedne.s K. That be aifi keep the notiv,ycmerls ri iw e—ring - ereahtt elected tin the lmirtg ;,ged i t requited (four nine I" lone by (tie Miirtttttgee against lo„ by fire and other hazards. ,aw.dfae, .tad „1IuIng1;.ac m ,u,h amouals and for such period* as may he required b% the Mortgagee and will paF pr'on'yrtit .when dhc, .r% premnrri,. ,•n ,4.h insurance provision for payment of which has ntq been made hereinbefore Nil oi,uran,e ,11-df h; , _,tried in c „mp_uues proved by the Miiftgegee and the policies and rCUrteal, thereat shall t,v held f,t [lie 4I„rfg.4gce,old h,,u•.rtt,i, hr•d ills -c!,, ��.•, pavatife elaosen 1n fttynr cif and to Imol aicceprahle Io the Mortgagee in -vent ,d ln., Mortgagm it III give unm h,l, roar( tr the Mortitaaet who fray make proi•t tit h,,, if not made pit,n;,W, k's mul : !I, it w uf,,n� in, 111x1 nerncd t, hetehv authof izcd "'Id _line, I'd tr "]:glee p „s nicmt for 411th f4„ doc by to the Mc,rrµ.,yre +ri,tt ad . 1 dw 1.1. ,mI the Siortaaµet• It,tahv and ihr 111,41.0tce p :red *, of ails pdrt their -of 1160 t =e appiiol h, the- M .IS,.al.rI .,r t, ,,11, , Ow7 tt, the redr.cot.0 of the mile htctine„ fw,rhv ,r,ufed of to the r ,kn'olion— re•pa +f of ihr, t pill. ,f 1- ,t.ig<•J i, ,,u^ of ilia q>a,rigzig, or ,aher o :iusf>'r ,d Isle cis ttie moray iged pt,!i >cri, eo 1°xttogn!,h1„ ° , - 1 ihr =+ t t_.+:,r- .,1i neY4 _-r '10 inrR °r,t of in, b-Eor 1y.leoi 1r, 1mf n.., t , < , u4r,o,. ;h' Ie 1 f1, 1 if, f -,,. , , h , 51 « in- - .nt.taay;rr .. -the `.9,n,r,tt.t ,,, „ht, ., ,e•, - i_t. .r -0.H'- ,,:,. +IWI.; r,. .: -•4 -.'e:. , „ - -laic _ .. _., ,t, -iy,,, , t ?t r - , -_7,t ,.1,- ,.I tu. a . , ?.- ..... . - 11.3,., -7i. -, -ilea, - -.a 11 is }- =act -h" - - tt,,. ojs _.,