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$6-� 104795
<br />�WINN
<br />(a)NKX A sum equal to the ground rents, if any, next due. plus the premiums that will next become due and payable on
<br />policies of fire and other hazard insurance covering the mortgaged property. plus taxes and assessments next due
<br />n the mortgaged property (all as estimated bn, the Mortgagee) IeSS 311 sums already paid therefor divided by the
<br />outnher of months to elapse before one month prior to the date when such ground rents. premiums, taxes and _
<br />assessments will become delinquent, such sums to be held by Mortgagee in trust to pa} said ground rents_ pre-
<br />miums. taxes and special assessments; and
<br />tb} All payments mentioned in the two preceding: subsections tit' this paragraph and all payments to be trade under
<br />the note secured hereby shall he added together, and the aggregate amount thereof shall be paid by the Mortgagor
<br />each month in a single payment to be applied by the Mortgagee to the followfug items in tire order set forth:
<br />>t fayttlk�k9tlmt�rC 'JFxililx3�t9c�c
<br />(i } ground rents, taxes; assessents lire and other hazard insurance premiums.
<br />(ill' �C m interest on the bore secured htrehp' and
<br />(1 111 amortization of the principal of xamf none-
<br />Any deficiency in the amount ill iriv su;:h aggregate monthiy payment shall, urdev, tirade good by the Hutt
<br />gagor prior to the due date of the neat a-uch payyne =it, .inglta'rre an c cn; cif default under this mortgage. the
<br />Mortgagee may collect a "late chams!e not to excccJ 'r i.i cents l40 for each dollart5t iof each payment more
<br />than fifteen It 5 f ct.:y s it, arreati, to cover the extra expense involved in handling, delinquent payments.
<br />({a)}
<br />That if ate total of the payrmtvtts math- bi,, the Mortgagor under i=bf paragraph '± preceding vital{ exceed
<br />the amount of payment actually made by the Morteagev for timund rents, taxi+ and a --e> meni,- or in urani•t pre-
<br />mium , ar the a n -e tnat bp, rurh excess, tf the loan is current. at the option cif the ilortgagi,r. strait be credited fie
<br />the Mortgagee on subsequent pajmentr to be 11131j., by the %forteagor, or refundrd ur the Mortgagor, If- hutsever, the
<br />Monthly payments made by the ilortgagor undcrXV elf paragraph , preceding shall not be sufficient to pay ground
<br />rent, taxes and - as- se."ment-_ or insurance premium -- As the rare tray be, whr>tt site dame -bait become due and pas-.
<br />able then the llnrtg tgnr -hall pay to the thrre awee Alit, amount n'~ee� -an t» may,• up the defieienc%_ on or before
<br />the date when payment of such ground r nt tax «t >, a- e= mere.- or in: -uranc a premiums : -hall be due. If at ani,
<br />time tine %torigugir -{tall [evader to the ilottgagire„ in tar'co27lanca Stith the prof i =tun of the Hate - geared hereby.
<br />lull paymerit of the cutin> indeb rdne<- repro ;rntell therety" the Mortgage=e -hall, in co utirta the amount of loch
<br />ndebte.&ess, credit rte the account of nc� Mort ter S
<br />1tIt11 am balance remaining in the funds saCou nnlatctl under the pmyi- ion 1�dUtetf paragraph ? ha�«af: (f there
<br />shall be. a defnnii under any of ♦fie pr?!r , ion- of thi4 mofrigagr re- silting in a public sale of the firQmi�e= covered
<br />heretm. or it the W tgagev actpnnrPi� the peapertt, otherwise after default, the klnrwagee hall apple, at the time of
<br />the eomme ncement of such provel-ditio, or at the tittle the prOlie rte i� other -4- acquired. the balance then rentaift
<br />ting in the fund.- accumulated under 141k paragraph "1' pr« t`e ding aR a credit ag;ain�t the amount of principal then
<br />rrhtfaining unpaid under -aid note,
<br />.t That The Stott for will pLav ground rent';, taxes, e,,lesslurtnPr. water rates, and other governmental or municipal -
<br />charge,, tine.♦, or impxrsitions, for which pro%r'iein h:as not tvcn rnadt ftereinlxftxt. and in default thereof the Mart to tray
<br />pat the same. and that tilt ttrrt(sagi r ail" . s. nirliptt.:tehscr iftc .,iii, tAi re t ft, therefOr e the M0r' ee-
<br />The Mortgagor will pap a[l t etc which ms he IcIwu upon the 'tortgaser' interest ifr wid real c^rttte and ti nyt
<br />trMm,. and which niAN i+: texx::i, � 'hi: nhv+ttp�;ir cu the 4'-ehi �,..ured hrrth} €i?ut : +Air tii the ettetrt that Such tR not prohibit
<br />id tty taw anol onlp ro the tttent that +itch .14 not make this 4,an c wrioutl, l ut excluding any nicorne tax. State air Federal.
<br />aittexisedon Mcwtgagee. atkiwiltiil ctheof ficialtiltespi, fu,, wmgte chpavinentwitbtheMertgaget- t,pontu,lationofthis,umber
<br />taking, nt if fist Ott *rag e ?r is pr,ihrt lied h} an} lam etc vt or hintatut act -ung from pacing the whole -tu any potticui of the a$�ti-
<br />saAzxi taxes. it upon the rendering of any courl decree plotlihling the pazanerr ht, the Mo: gageror any uch taxeH or if �uc`hiaw�±
<br />of decree pry aide, chat ens¢ arnn in:.a aid ht. the 'ti<irtg.O. f 'hail he c ;rditeei on the ittortga�e dci- ,:ic M irgagm shall bare
<br />The right ti, grte ninety day,' 'fine, n,,11ce to tin° vurrtr .f the m rtpagctf rncrru ec, requiring the raiment of the mortfaalte
<br />debt. if ,uch notice he gtye n. tiro tatd debt ,haP t e iane du pavu€`le Arad cg,ite ftble at the ttpiration alt wad nines) day s
<br />h ghat :houid he fail fir p;.i Anj ,tzm eft ittp nY;-_yjr pi>n iited for in tm, Ml ftgatt. then the Ntt r*_gsgee, at fl . =rp-
<br />lion, rna) pit on perforni tilt ±ante. and all ttpendlunt, ur made -,n,- 1 he :added to the principal ,um ".Ing eHn the abo%c note. _
<br />,hall he cetuied hereby and :hall hear iattre,i At the rate eiforlh to the s,lid note_ until Paid
<br />?
<br />"hit he hereby a sign,. tran,fei, Lind lets rater t. the tlisrtt ♦gee- tar be trppited trrw:srd the :,:<t rz+rrit ,sf fht. tt rte end i1
<br />sums ,cured herehy in ",r of a delaaflt in the pttforman,v If aia 14 the terns, and cxmdiurn, if this khittgagr or the said
<br />mate. ;,It the rent'. revenue; and snci,mr io he derived fry rn the nii li4agrd premi,eti During +xs „fr time a,, tht mortgirs>t imderitecl
<br />iw s ,hall reinatn untraiid: and the l,wz gtv +hall ha3e power to appono,, an agent it agetii, a mat, Uttiire for the purp,a iii
<br />repairing ,aid prom 5 ,aril of renting the ,nine anti -ollec ;rnc the VC 1'. rrvtmue* atxi i e,rnt. mj it ma% p :ti =tit of Aid in
<br />clime, aft? expenti €, if Icralrinp .aid prenn,c, anti nece"a” Lortmrascion +an,f t+peeaae, incutrs-d in renting Arid ncc
<br />+lame and of : Ilecliogremnl, therefrom, the rs.ilance rent,iimur, if an} -to I-e Applied to +w;:r i the zlt „ha;gt i,f .md niorrggc-
<br />iudebtedne ”.
<br />8 Thal ht will Icttp the i4npr.,ytnrtmf ntew existing cir hereafter erected on the inimitzaRed priperty, m.,urcd a, ma€ ix-,
<br />rtquxtal ira»t trrr t ter time ` i, the Moo ga}tet .•?�3rrt,f loss by tire. and tither } tr.arrl, ,a,u:ahw,, And oritingencie, n K h
<br />— i,..r,,A h, feu. AA— tv.,,cee ;,rue ti d� nAi mr r ativ. q-hen due. ant, MCnfairm,, ern .i1w 13
<br />Insurance pri tnaat +n for t.apmtnt f ahwil ha, mat bet"n male htretmhelkne "tn,urrn e ,nail re ,itrleel to iImpanrc p
<br />� r,,e,l by the Mortgagee and the policies Anil renewal, ttttrn'i _'hell he held bt the :'+forgee and rwve Att.abed thct i i,a,c
<br />rraya> k- clatite, in faint of rnd in filmic acceptable to the Mafrtiztsgcc. in event -if h?,t Mortgagor a At give rmnicth.aie mitt e 111
<br />irtag To the Mortgaaget, wbi) mat make proof of fo-N if not mash pftlnpNu ht Mottgatn,a, ind each ussurnnct campaut eOn'
<br />caroled is htrctsy Author,ued and directed tit "take payintnt ffar ,arch hti5 due.tly h, the Mortgagee irmead of tar the Montague
<br />aril tttt Mesrtyasttae tr ttntty ,tral the in+trratntr pr,,i end,, aft any pitrt nctxrl,l, mat !tie upphetl t,v the MkirtmAgie at it, or+tl, +o either
<br />to rite ."rdu,'non of the sricttl-tednt„ htret•y ,ecutri,l t *t in rite te- toranicfn <rr rep llt i4 the r,;4u etiv damaged In i tent if f it l r..
<br />tart rrf the, tinif f Age to 'Hite( tran,frl of Or to the more td tuoticttp m e ltintntrshnitru ill the trnlefatedtsa t.i fst t,a f ♦ _
<br />Ail °iglu, title and rmertt if 11W Motfgitaa rn sod t, m,y- mmll anec p Azle, Own rat f,-i.- c -hall p"', � lhs per h ..t + +t gt itter_
<br />4 that A* addroorntt area'WlAltlal ,eumt) for the pri%Meni r4 the mete .it,, rihcil and ,,4 on-,, to Oat: of ieii r ths,
<br />rii=nittaor try 4ltrehv ,i,ttgnt tt> the M „trg'tve lilt pr >?hre. retinue, ;ot;iEftes light, ,trrci ivna.lil .i —fump 1” the
<br />srSes€r a ,,at,#c-t .ru. , f ,gin „ff 3n.€ lac a✓<s, ,rn ,;,tit n'rtafn,ca.. �,.ifh rft<L i flait t, t c° Cl, e ,end rt. -crpt lot, rr =tea, r n plc,
<br />Kg
<br />Hir.ft, to ,.atii iodcMerst,> ,-.+ X01 IW I—C . Art' Afri cifit in the° � a -nd u-Tt, i4 -hn i�xnrtg Vie. ; -n't sire xtnrig;s.
<br />,_s+iirei`[• 1; i.}�:4el tat 5?1ti #.1 xi�ad4i).lt'lfgii�Xy,Fittz l'w-h,'- sentl-.r_ j;011 "i
<br />�F t dir . = °gas -� ti �t�r „-i. v, a *trrra,c „1 iRt rtcr lt';rIF..
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