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g6, 1059 (lVXXX (a) (N A sum equal to the ground rents, if any, next due, plus the premiums that will next become due and payable on policies of fire and other hazard insurance covering the mortgaged property, plus taxes and assessments next due on the mortgaged property (all as estimared by the Mortgagee) less all sums 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 (b) 0* All payments mentioned in the two preceding subsections of this paragraph and all payments to be made under the note secured hereby shalt be added together, and the aggregate amount thereof shall be paid by the Mortgagor each month in a single payment to be applied by the Mortgagee to the following items tit the order set forth: ( I) tx p!!lhlkI I imiCmam xK3wxif*kmt xXxK& X X,3tttpc;�yt[,x�tt4itySxgbttxx (I) ft ground rents, taxes, assessments. fire and other hazard insurance premiums: (II) ( interest on the note secured hereby. and (III) ( amortization of the principal of said note. Any deficiency in the amount of any such aggregate monthly payment shall. unless made good by the Mort- gagor prior to the due date of tire next such payment. slat stitu!r an e\ent of default under this mortgage. Tile Mortgagee may collect a "late charge" not to exceed Inc, amts (4JI hu cash dollar (S 1) of each payment more than fifteen 0 5) days m arrears to cover the extra expense Involved in handling delinquent payments. :3. That if the total of the payments made by the Mortgagor under 90tnf paragraph '_r preceding .shall exceed the amount of pvyrrtents actually made by the Mortgagee for Lround rent, taxe- and ii e,sment, or insurance pre - miums, as the case may be. such excess, if the loan is current, at the option of the Mortgagor, shall be credited by the Mortgagee on subsequent payments to be made b% the Mortgagor. ill- refunded to the Mortgagor. If, however, the monthly payments matte by the Mortgagor under ( y of paragraph 2 preceding shall not he sufficient to pay ground rent, taxes and assessments or insurance premium -, as the ca-e may be when the -ame shall become due and pay - able.. then the Mortgagor =hall pay to the Mortgagee any amount nece -,arx to make up the deficiency, on or before the date when payment of such ground rent=_ taxes, assessment, or insurance premiums shall be due If at any time the Mortgagor shall tender to the Mortgagee, in accordance with the proti =ions of the note secured hereby, full payment of the entire indebtedness represented thereby, the Mortgagee shall. in computing the amount of such indebtedness, credit to the account of the Mortgagor 7tpx*x t IatWAExflkiififdthtx tmex�# ipso[ kwgmvirn atb k tOONMltttx ,MA any balance remaining in the funds accumulated under the provisions of 0,) of paragraph 2 hereof. If there shall be a default under an-* of the provisions of this mortgage resulting in a public saie of the premises covered hereby, or if the Mortgagee acquires the properlg otherwise after default, the Mortgagee shall apply, at the time of the commencement of such proceeding -, or at the time the propert% i, otherwise acquired, the balance then remain- ing in the funds accumulated under -Urof paragraph 2 preceding, a= a credit against the amount of principal then remaining unpaid under said note. 1mild6Gl�tpmijt�mtlquti) 116xxot1ppa7clotHtO61tvt1u�tfittalttti 7uxpfdtrYJ4KtYdrtKii�dHEtFXXXX lilli, , �. . 4. That the Mortgagor will pay ground rent,, (itxe,, as,e,smeru,, water rate,. and other governmental or municipal charges. fines, or imposition,. for which provisum ha, nor been made heremhefon. and in default thereof the Mortgagee may pay the same: and that the Mortgagor will prompt% deliver the official receipt, iherefor to the 1•tortgagee. The Mortgagor will pay ail taxes which mat he levied upon the Mortgagee', interest in ,aid real estate and improce- ments, and which may he let red upon this mortgage or the debt secured hereby ,hu h t out it) the extent that such i, not prohibit- ed by law and tinfv to the extent that such will not make this loan ustinoasi. hilt excluding an\ incorne tax, State or Federal. imposed on Mortgagee. and will file the official receipt showing,uch pat ment w uh the Mortgagee t'pnn \iolation of this under- taking, or if the Mortgagor i, prohibaed by an\ law now or hereafter exisimg from paying the w hole or any portion of the afore- said taxes. or upon the rendering of an\ court decree prohibiting the pay menu L-\ the Mortgagor or any such taxes. or if such law ordecree pro\ides that an\ amouni ,o paid by the Mortgagor shalt he credited on the mortgage debt, the Mortgagee shall hate the right to give ninety dais- written nonce to the owner ,,f the mortgaged prennses. requiring the payment of the mortgage debt. if such notice he given. the said debt shall become due. parable and colledlhle at the expiration of said nine[\ Jays. 6. 'That should he fail to pax any sum or keep any co\ en ,rut pro\ ided for in this Mortgage. then the Mortgagee. at its op- tion- may pay or perform the same. and all expenditures so made shall he added to the principal sum ow mg on the aho\e note. shall be secured herehx. and ,hall hear interest at the rate set forth in the ,aid note. until paid That he herehx assigns. transfer, and sets user to the Mortgagee. to he applied !award the payment of the note and all sums secured hereby in sale of it default in the performance of any of the terms and condition, of iha Mortgage or the ,aid note, all the rents, revenues and income to he derived from the mortgaged premise, during such lime as the mortgage indebted- ness shall remain unpaid; and the Mortgagee shall have power to appoint any agent or agent, it may desire for the purpose of repairing said premises and of renting the same and collecting the rent,. retenue, and income. and it may paN out of said in- comes all expenses of repairing said premises and necessary commissions and e\penwc incurred in renting and managing the same and of collecting rentals therefrom: the balance remaining, if any. 111 he applied tow;ad the discharge of ,aid mortgage indebtedness. 8. That he will keep the improvements now existing o, hereafter erected on the mortgaged property, insured ;t, may be required from time to time by the !Mortgagee against loss by fire and other hazard,. casualties and contingencies in such amounts and for such periods as may he required by the Mortgagee and will pay prompih. when due, any premium, on such insurance provision for payment of which has not beer made hereinbefore. All insurance shall he carried in companies ap proved by the Mortgagee and the policies and renewals thereof shall he held by the Mortgagee and ha\e attached thereto loss payable clauses in favor of and in form acceptable to the Mortgagee In event of loss Mortgagor will give immediate notice by mail to the Mortgagee. who mar make proof of loss if not made promptly by Mortgagor. and each insurance compam con- cerned is hereby authorized and directed to make payment for such loss direct% to the Mortgagee: instead of to the Mortgage and the Mortgagee joiatiy. and the insurance proceeds, or any part thereof, m,:y lie applied by the !Mortgagee it its option either L to the reduction of the indebtedness hereby secured or to the restoration t r repair of the property damaged in dent of fmcclo sure of this mortgage or other transfer of title to the mortgaged property in cxtingui,hment of the mdebtednes, secured hereby . all right. title and interest of the Mortgagor m and to any Insurance pohcics then in force ,hail pas, to the purchasci or grantee tt. That as additional and collateral security for the payment of the note dc,snhed and all .11111s to heinnle due under [ht, mortgage, the Mortgagor hereby assign, to the Morigagee all profit,- re \enue, r,rtalne, ngh[, and hcnetii, .ncrumg t„ the Mctrigtigor under any and all ,,if and gas lease, nit said prenu,c,. with the rwh! t,, resit, .md rr,ctpI for [It,: ,a;nr .,nd :,pp', them to said mdebtedne„ a, well t+efine after defmilt in the condiltons at this mortg.n;r "rid tile• \lorig,lecr 111.1\ de:n.uld ,uc for and re,.o%cr any such paymeni, when due anti patahle but shall vwl he :r.tuucd I" do I ltr, .,,.,gnmrni r �,• tr nu u,,I, and ticcome null and raid upon telca,c of this rnortgarec