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a6-' 145743 (.)" (b))W *n A sum equal to the ground rents, if any, next due, plus the premiums that will next become true and payable on policies of fire and other hazard insurance covering the mortgaged property, plus taxes and assessments next clue on the mortgaged property tall as estimated by the Mortgagee) less all suns already paid therefor divided by the number of months to elapse before one month prior to the date when such ground rents, premiums, taxes and assessments will become delinquent, such sums to be held by Mortgagee in trust to pay said ground rents, pre- miums, taxes and special assessments; and All payments mentioned in the two preceding subsections of this paragraph and all payments to be made under the note secured hereby shall be added toirthor, and the aggregate amount thereof shall be paid by the Mortgagor each month in a single payment to be applied by the Mortgagee it) the following items in the order set forth: 7(I) x) iXi�NKlUi% I�it) W11QId001 {KZ1610x1Ex71YacRAfdlltx)fKlQpf fell) mbtltiiittlOt7txlgl( x1I) bIA) uUl) HtzKdflYlbtal )ciXo4K7llFjffO)pptt. x�a�(x �21iHF 2i%X)<Kt�4x�fi6'USiFr�ifik?�KXx (1) X= ground rents. taxes. assessments, fire and other hazard insurance premiums: (11) 4W interest on the note secured hereby: and (I 1 I))" amortization of the principal of said note. Any deficiency in the amount of any such aggregate monthly payment shall, unless mad:, good by the Mort- gagor prior to the due date of the next such pavnielo. c, :Pslitute air exeni of default under this mortgage. The Mortgagee may collect a "late charge" not to exceed toi;i cents (4V) for cash dollar (51 ) of each payment more titan fifteen (15) days in arrears to cover the extra expense involved in handling delinquent payments. (a) :1. That if the total of the payment- made bx the Mortgagor underXU ill paragraph 2 preceding shall exceed the amount of payments actually made by the Mortgagee for around rent.,. taxes and asses -ments or insurance pre- miums, as the case may be. such excess, if the loan is current- at the option of the Mortgagor, shall he credited by the Mortgagee on sub - Sequent payments to be m.}yd_� by the'llortgagor, or refunded to the Mortgagor- If, however, the monthly payments made by the Ntcrtgagor undo Xmk,i of paragraph _' preceding shall not be sufficient to pay ground rent, taxes and assessments or insurance premiums, as the ease may be. uhe•n the -amp -hall become due and pay- able then the Mortgagor shall pay to the Mortgagee am amount nect -cars to make up the deficiency, on or before the date when payment of .such ground rents. taxes, assessments or insurance premiums . -hull be due- If at any time the Mortgagor hall tender to the Mortgagee, in accordance with the pro,i -ions of the note secured hereby. full payment of the entire indebtedness repre -ented thereby. the Mortgagee shall, in computing the amount of such indebtedness, credit to the account of the MortgtgorXiKkii4ii4dXXXlilj�H4 %iBXiP%d>�iEK�fKXE i{ ZE> tif�f3) FYiI( jiM�xM1t311Kx% KIf' XifRJIiKiKIi�X)llfli)1XNkJtl(7�K XMd any balance remaining in the funds accumulated under the provisions n xa1 of paragraph 2 hereof. If there shall be a default under any of the provi -ions of this mortgage re- ulting in a public .ale of the premises covered hereby, or if the Mortgagee acquires the• property otherui -r• after default, the Mortgagee shall apply. at the time of the commencement of such proc•redi�j,a-, or at the time the property i- other"i -e acquired, the balance then remain- ing in the funds accumulated undel>(�7'of paragraph :r preceding. ar it credit against the amount of principal then remaining unpaid under -:lid note. �i�X1i�i�ii�X�j7j�7 t��X; icXMWIXIIifi�� )bfiHtKilX�i�CX1FxX XX��rii)il��%Xe. 5, That the Mortgagor i l pay ground rent,- tone,. assessments, roarer rates. and other eo\ernmental or municipal charges. tines. or imposition,. for which pro\isuai ha, not been made tier rmbetoir. :ind in default lb,-.:of the Mortgagee mat pay the same: and that the Mortgagor will prompth deli\er the official receipt, thrrefor to the Mortgagee z. -The Mortgagor udl pay all taxes which ma\ he le\icd upon the Mortgagee , interest in said real estate and impro\c- rnenf,. and which mat he lowed upon this mortgage or the debt secured herch\ :hut ,rut to the extent that such i, not prohibit- ed by law and only n, the extent that such will not make this loan u,unousi. hu e\cluding any Income tax. SCtie or Federal. imposed on Mortgagee. and w tl1 file the official receipt showing such pax ment u uh the Mortgagee It pon xiolation of this under- taking• or if the Mortgagor is prohibited hx am law now or 11CICalie'r c xt,ting from pa\ mg the w hole or arty portion of the afore- said taxes, or upon the rendering of any court decree prohibiting the pax merit hx the Mortgagor or am such taxes. or if such law or decree proside, that ant amount so paid h\ the Mortgagor shall he credited on the tmortgage debt. the Mortgagee shall hate the right to give ninety da\s' written nosier It, the ,"tier of the mortgaged prenu,e,. requiring the p;,%ment of the mortgage debt. If such notice he gi\en. the said debt shalt hecome due. paxahle and collectihle at the c \pranon of said nmelx d;ty 6 -That should he fail to pa\ ant sum or keen an\ tw —n-il pr,swcd for in ;his \lortgagc•, then the %lortgagee. at it, op- tion, may pa\ or perform the s;,me. and all expenditure, made shall h: —ided i,+ (tic principal sum oil mg tin the abo\ e note. ,hall he secured hereh\ , and ,hall hear interest at the rate ,er forth in the said note unni paid That he hereby astgn,. transfer, and set, „ \er i, the Mortgagee. to he applied io\\.rd the pasmcnt of the note and all sums secured hereby in case of a default in the performance ,•f .,n\ of the term and ,ondnums of this Mortgage or the said note, all the rents. rexenue, and income to he dcn\cd front the mortgaged premise, during such time a, the mortgage indebted- ness ,hall remain unpaid, and the xortgagee shall ha\e power in appoint anx agent or agents it ma} desire for the purpose of repairing said premises and of renting the same and :olle,ung the rent,. re\enue, and inckmie. and it may pay out of said in- comes all expenses of repairing said premises and nece,,.,n commission, and rxpcn,c, incurred to renting and managing the same and of collecting rental, therefrom. the halance remaining, if an\. to he applied to", rd the discharge of said mortgage indebtedness. 8. That he will keep the impro\emenis now existing m hereafter crested tin the mortgaged property . insured as niay he required from time to time by the Mortgagee against loss h\ fire and other hazards. casualties and contingencies in ,ugh amounts and for such periods a, may he required by the Mortgagee and wtll pa\ promptly . when due, am premiums on such insurance prosiswn for payment of which has nut been made heremtitfore \11 insurance shall he carried in companies .,p- proved by the Mortgagee and the policic, and renewals thereof shall he held by the Morig :,gee and ha\c attached therein I,,, payable clauses in favor of and in form acceptable to the Mortgagee- In e\ent of loss Mortgagor will gi%e inimed,atc notice by mad to the Mortgagee. who may make proof of loss if not made prompth hs Mortgagor. and each msur me company eon - cerned is hereby authorized and directed to make pat ment for such loss directl\ I,, the Mongagce instead ,f to the Mortgagor and the Mortgagee loiath . and the insurance proceeds. or any part thereof. ma\ he applied M the Mortgagee A its option either to the reduction of the indebtedness hereby secured or to the restoration or repair of the property damaged In oxen[ of fore. to sure of this mortgage or other transfer of title to the mortgaged property in c\nngui,hmc ni of the indebtedness scoured hcrch\ . all right, title and interest of the Mortgagor in and io any imurant-c policic, then in fotcc ,hull pass to the pill, ha,er or grunter 9 That as additional and collateral \ecurir\ for the payment of the note descr,hcd and all sum, t, he.,nie due under tilt, mortgage. tilt Mortgagor heret,v ax,,gn, to the Mortgagee all profits, rrccnucs, r,\altic,. ghl, -surd hcnent, .:.sriune D, the klottttagor under .any and all oil and gas lease, on said presses wish the right h- tc,cne grid receipt for the ,.,rot cool .ipp!, there to scud mdchicdne,s as urll hefotr a, after default ni the oondmon, of this tnoileagc .and the Morig,gn ma. cm -md tie lot and moire{ .,m such p /xmeutP when due and pauable but shall not be re,tu,fed s, .. 1111, •,,,,gnmciu o io tr nvi..o, rind 1,ccnme nO and \sod upon icleaw,1 ill?, n:otiR.Wc i