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0C.._ 106041 (a)* Willik ,N) li 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 fall as estimated 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 All payments mentioned to the two preceding subsections of this paragraph and all payments to be made under the note secured hereby shall 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 item, to the order set forth � l0I IOf%7f7Uillf%�4�iEiiifXiig. f l) ground rents, taxes, assessments, fire and other ha,,ard insurance premiums: (t I) 'Lti,ft� interest ,m the note secured hereby. and (I f ! atr�taat amortization of the principal of sand note. Any deficiency in the amount of any such argtegate nionihiy payment shall. unless made good by the Mort- gagor prior to the due date of the next such pavme,il, k•ilstilule an event of default under this mortgage. The Mortgagee may collect a "late charge" not to exceed l-n;i .eats 14,!) Im each dollar IS11 of each panntew mote than fifteen (1 { ) e L%s in arrears to cover the extra expense involved in handling delinquent payments. (a) :3. That if the total of the payment.- made by the Mortgagor under (U)bf paragraph "_ preceding -hall exceed the amount of payment actually made by the \Mnaagee for zmund rent taxe- and a-�vmenu or insurance pre- miums, a- the case may be. such excess, if the loan is current, at the option of the Mortgagor. shall he credited b-1 The Mortgagee on subsequent payments to be ma�e by the Mort gagor, or refunded to the Mortgagor If, howey era the ,nonthk payments trade by the .'Mortgagor under147liP)of paragraph ' preceding shall not be sufficient to pay ground refit, taxes and as- essments or insurance premium -. a- the case may be. when the -ame -hall become due and pay- able then the ifortgagor :hail pay to the Mortgagee any amount nec'e--an to make up ill(- deficiency. on or before the date when payment of -uch ground rent <. taxe assessment- or insurance premiums ..hall be due If at any time the Mortgagor -hall tender Ire the Mortgagee, in accordance with the provision- of the note secured hereby. full payment of the entire indebtedne -s repre -ented thereby, the Mortgagee shall, in computing the amount of such indebtedness, credit to the account of the !Mortgagor ad any balance remaining in the fund - ac-cumulated under the provisions 4`17"Wof paragraph 2 hereof. If there shall be a default under an y of the provision- of this mortgage resulting in a public -ale of the premises covered hereby. or if the Mortgagee acquire- the property otherwi -e after default, the Mortgagee -ball apply. at the time of the commenct-ment of such proceed rs, or at the time the property is othenvi -e acquired, the balance then remain- ing in the funds accumnlated under �u)f paragraph 2 preceding, as a credit against the amount of principal then remaining unpaid under -aid note, alYOtXKA1K1#11lK1i1Gi1fJ( lfxXK7ilmtKii>4>IxKXKitx Xi iX i�X 4W1f1f1OO WX 4. That the Mortgagor ,a+il par ground rents. taxes. assessment %. eater rates. and other governmental or municipal charges. fines. or impositions, for uhtch pro. mon has not been made heremhefore. and in default thereof the Mortgagee may pay the same: and that the Mortgagot -ill promptly dehter the official receipts therefor to the Mortgagee. i The Mortgagor Ntll pay all taxes uhnh rnav he levied upon the Morgaget', interest in said real estate and improve- ments. and which may be ley tcd upon this mortgage or the debt secured hereby rbul onh to the extent that such is not prohibit- ed bt law and orth to the extent that such will not make this loan usunousl. hu excluding any income tax. State or Federal. imposed on Mortgagee. and u ill file the 0th, taf receipt ,how utg such payment u nth the Mortgagee t pon violation of this under- taking. or if the Mortgagor is prohibited by any !au no- ,a hereafter existing from pay ing the u hole or any portion of the afore- said taxes. or upon the rendering of any court decree poohibifing the payment by the Mortgagor or any such tales. or If such law or decree pro%ide, that any amount sa paid by the Mortgagor ,hall be srediled on the mortgage debt. the Mortgagee shall ha%c the right to give ninety day,' uritten notice t,, the owner of the morgaged premt,e,. requiring the payment of the mortgage debt If such notice be given, the said debt ,hall become due- pay ahle and solle,tirile at the expiration of said ninety days. 6. That should he fail to pay any sum or keep any c,.v < -r., tit pm,ided for m this Mortgage. then the Mortgagee, al it, op- tion- may pay or perform the same. and all cxpendnure, ,o made ,hill! he ,dde,f to the pi mcipal sum ou mg on the abuse note. shall be secured hereht. and ,hall hear interest at the rate set forth to the said note until paid '. That he herehy assigns. iran,fer, and sets o,er to the Mortgagee. to he applied toward the pay menu of the note and all .sums secured hereby in case of a default In the performance of any of the term, and conditions tit this Mortgage or the said note. all the rents. revenues and income lobe derived from the mortgaged premises during such time as the mortgage Indebted- ness shall remain unpaid: and the Mortgagee shal! have power to appoint any agent or agents it may desire for the purpose of repairing said premises and of renting the same and collecting the rents. revenues and income. and It may pay out of said in- comes all expenses of repairing said premises and necessary commission, and expense, Incurred In renting and managing the ,ame and of collecting rentals therefrom. the balance remaining, if any. n, tie applied t,•o„rd the discharge of said mortgage indebtedness. 8. That he will keep the impn.vemenb non existing rn hereafter eructed on the mortgaged property. insured as may he required from time to time by the Mortgagee against loss by fire and other haratds. xa,uaitte, and contingencies in such amounts and for ,uch periods as may he required bs the Mortgagee and will pey promptly. when dike. any premium, on such insurance provision for payment of which has not been made herembefore All in,urance shall he carried In companies ap- proved by the Mortgagee and the policies and renewals thereof shall fit held by the Mortgagee and hay-- attached thereto loss payabk clauses in fator of and in form acceptable to the Mortgagee in went of to%, Mortgagor u ill gi,c Immediate notice M mad to the Mortgagee. who may make prcxtf of loss if not made promptlp by Mortgagor, and each insurance company con cerned is hereby authorized and directed to make payment for such loss direcilx to the silmigagee instead of io the Mortgagor and the Mortgagee lointly, and the insurance proceed,. or any part thereof. may he applied by the Mortgagee at its Option either it, the reduction of the indebtedness hereto secured or to the restoration or repair of the property damaged In a vent of fore :lo cure of this mortgage or other transfer of title to the mortgaged property in extinguishment of the Indebtedness sec rued herehy . all right, title and interest of the Mortgagor in and Irian) insurance policies then tie fors shall pas, to the pun baser or gt.urtee 9 That as additional and collateral secuniv for the pay inent of the note descnhcd. end all sums It heroine due under this mortgage, the Mortgagor hcreht assign, to the Mortgages all profit,. rc,cnue, n va ;tin, ogtns .and herein, accnnng Io the yortgagor under ant and all oil and gas Ir.:,ts tin ,rod preml,es. utth rile tight I- nsenc and Ic,clpt Kit the same ,and .rptd, them to said mclel,ledne„ a, -ell Nfore .,, after detnull tit thc,ondrtion, of 11n. ,. rl ,, c and the M,atgagev m.iy derv: rid n, f,ar and rc,o o en, such p:o menu, when duc and pa,abte . bait shall n,N hr a, :u, =! 1 h+. ' and hc :ornc null anti ,old iwK n I,•te a,e of this rinnigiwe t R