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I 84 ---(ii~096R kfdlx7tntM~>tx4 itt7Sa~kl::thllFi;444?49lIkx~Ixns4'it4tunltXSHFCl4a[n€xlSixandJFS;tcnmtlar.4diS7[root!}f»t41ar Y'1(ltk~N9ldFX9P7mY~?'V41461FAp[4071RC;C4Y€IUt}9. FICOGX~tX}C9f7f~If~E~701f1I7170~fOD:XaE%Qlii~))f0i11}1lfOfltEO![KKiC~6t XDl9(OC!NI9S;N1QIt910ItlCdICIK7f~,3tltdtldlE~}3CtdYdAlffMiY'~7F'~B~OJtdti6AXiikYdfJ1511ifilC~x nF ryr,r, rynea~+~ vy.. ...o.T... .......~.r... xtlf H3ftwfdfrY66~if5lfxa3rtY3ifdtd<t~)f dt~F~Xd07IYdfrX]6~C7f}FxJ43f~xYrNcxf(3ixiC~4}t~diYi47~XtNtYdhKf[t}iffl65Ex8xtII x~tfrasrfffcf;~sfratft~aec~ct~~~~t~~xlfjhx~o»~t~>~~af~~L~ X~lf:~dffr~~>awwl~tal~;w>txra~~aaasfit~x~fal~f~i~xff:~ (b) 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 outer hazard insurance covering the mortgaged property, plus taxes and assessments next due nn the mortgaged property /all as ertimateJ ny the Mor{gagee/ less all sums already paid therefor divided by [he 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 (c) 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 together, and [he aggregate amount thereof shall be paid by the Mortgagor each month m a single payment to he applied by the Mortgagee tv [he following items in the order set forth: }+~[xyxX S}#3fi7iihlhl'Ff~3f~eF)hYtbifrXt>~fb`XtYtlF3fdtYtX}FI?:ift~l3Fi}'.tX~Jfff 7t9fd£I~FYdfYdSYdf)fldG'ttYt~t7L]i3[7/%$aHC~3(XdHftYe`frY, Y3i}Hlbt#]fFj'Xr.YtliYg~$ifi39Xd'iYrY'~F>&YrYgYr~Ldt7ftlft}i7YFdSn~rYrStY+7ilfd/xxfCl(tyf7F7ilfrJf$~Xijd~X (11) ground rents, taxes, assessments, fire and other hazard insurance premiums; (111) interest on [he note secured hereby; and (tV) amortization of the principal of said note. Any deficiency in the amount of any such aggregate monthly payment shall, unless made good by the Mort- gagor prior to the due-date of the next such payment, constitute an event of default meter this mortgage. The Mortgagee may collect a "late charge" not tv exceed four cents (4tl) for each. dollar (51) of each payment more than fifteen (I S) days in arrears to cover the extra expense involved in handling delinquent payments. a. 'Phat if the total of the payments made by the Mortgagor under /b) of paragraph `L preceding shall exceed the amount of payments actually made by the \lortgagee for eround rents. taxes and assessments nr insurance pre- miums, as the case may be, such excess, if the loan is current, at the option of the Mortgagor, shall be credited bj- the Mortgagee on subsequent payments to be made by the Mortgagor, or refunded to the Mortgagor„ If; however, the. monthly payments made by the Mortgagor under (bl of paragraph 2 preceding shall not be sufficient to pay ground. rent. taxes and assessments or insurance premiums, as Lhe case may he. when the same shall become due and pay- able, then the 4'lortgagor shall pay to the Mortgagee any amount necessary to make up the deficiency, on or before the date when payment of such ground rents, taxes, assessments or insurance premiums shall be due. if at any time the Mortgagor shall tender to the 1lortgagee, in accordance with the provisions of the note secured hereby,. full payment of the entire indebtedness represented thereby, the h1ortKagee shall, in computing the. amount of such indebtedness, credit to the account of the Mortpagvr all navments made under the provisions oR~a~~xil~i~s~1$ '*:XdS~X~t147~a[SddreYitiiYt~XiifliAFY~i~~lf7U?ct~t7itYt1'3fa8~'i8~dfSi~i TdGt~" f(61 of paragraph 2 heeeo€e` If there - shall be a default under anv of the provisions of this mortgage resulting in a public sale of the premises coveied° hereby, or if the Mortgagee acquires the property otherwise after default. the Mortgagee shall-apply, at the~time.uf-~ the vommencement of such proceedings, or at the time the property is otherwise acquired; the balance then remain- ing in the funds accumulated under (b; of paragraph 2 preceding, as a credit against the amount of principab-then remaining unpaid under said note.i3tisa[k'~fi{t~ilei9-tj?~tlCsstyflft~li~J{3itiP55KX14$Ydit~~f311{]fYi4K]filf&fK15Yl[ifXtlfNif~y~i) >'2iffltl~IKB, 4. That the Mortgagor will pay ground rents, taxes, assessments. water rates, and ether governmental or municipal charges. fines, or impositions, for ufiich provision has net been made hereinbefore, and in default-[hereof the Mortgagee may.. pay the same; and that the Mortgagvr will promptly deliver the official receipts therefor tothe Mortgagee: - 5. The Mortgagor will pay all taxes which may 6e levied upon the Mortgagee's interest in said real estate.and improve- ments, and which may be levied upon this mortgage or the debt secured hereby (but only to the extent that such is not prohibit- - ed 6y law and only tv the extent that such will not make this ]van usurious}, but excluding any income tax, SfatE or Federal; imposed on Mortgagee, and will file the official receipt showing such payment with the Mortgagee. Upon violatioreofthisonder. taking, yr if the Mortgagor is prohibited by any law now or hereafter existing frvm paying the whole or any portionrof the aorce- said taxes. or upon the rendering of any court decree prohibiting [he payment by the Mortgagor or any sucB taxes, or if sueh:law ur decree provides that any amount so paid by the Mortgagor shall be credited on the mortgage debt,. the Mortgageeshall have- the right [o give ninety days' written notice tv the owner oC the mortgaged premises, requiring the payment of the mortgage. debt. [f such notice be given, the said debt shall become due, payable and collectible at the expiration of said ninety days. 6. That should he fail to pay any sum or keep any covenant provided for in this Mortgage, then the Mortgagee, at its op- tion, may pay or perform the same, and all expenditures so made shall be added [o the principal sum owing un the above note, shall be secured hereby, and shall bear interest at the rate set forth in the said note, unfit paid. 7. That he hereby assigns. transfers and sets over to the Mortgagee, tv be applied toward the payment of the note and all sums secured hereby in case of a default in the performance of any of the terms and conditions of this Mortgage or the said note, all the rents, revenues and income to he derived from the mortgaged premises during such lime as the mortgage indebted- ness shall remain unpaid; and the Mortgagee shall have power to appoint any sgent 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- zomes all expenses of repaving said premises and necessary commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining, if any, to he applied toward [he discharge of said mortgage indebtedness. R. That he will keep the improvements now existing or hereafter erected on the mortgaged property, insured as may be required frvm time to time by the Mortgagee against loss by fire and other hazards. casualties and contingencies in sash amounts and for such periods as may be required by the Mortgagor and will pay promptly. when due, any premiums on such insurance provision for payment of which has net been made hereinbefore. All insurance shall he ceuried in companies ap- proved 6y the Alortgagee and the policies and renewals thereof shall be held by the Mortgagee and have attached thereto loss payable clauses in favor of and in foem acceptable to the Mortgagee. In even of loss Mortgagvr will givz~ immediate notice by malt to the Mortgagee, who may make proof of Cuss if nut made promptly by M1kxtgagor, and each insurance company am- cetned is hereby authorized and directed to make payment (or such Ivss directly to the Mortgagee instead of to the Mortgagvr and iho Mortgagee )oindy, and the insurance proceeds, or any pun thereof. rosy he applied by the >\4urtgagee at its option either to the raductinn i+f the indebtedness hereby secured yr to thz restoration or repair of the property dsunaged. In ea-ent o(foreclo- sure of thin mortgage yr other-transfer of Cide w the mortgaged property in rxtinguishrnrnt of [he indebtedness secured hereby, atl right, sitfo and interest of the Mortar in and to any insurance politic- +hen in force sfuall pas. to the purchaser or grznree- 9_ ThaC as additional and collateral se-curtly for the payment of the note described, and all sums to bccorue due under this morigago, the Mortgagor hezcby as-signs to the l+dvrtgygeK elf profits, revtnuzs, rny<dtics, rights and heneiiti accruinit to the Mtrrigagor under an}' and all oil artd gar teases vn xtud premises, wuh the neht to recrr yr anti rrrrtpt ter the same and ;+pply rFmm to xaid indebtedness as weft before as after default in the conditions of this mortgage. aril the Mortgagee nun demand. wr for and rocavrir ang such payments when duo and payatYto, but sha8 not be rogmred s,~ to do fhrs aa.ignmrnt is ro terminate and 1rECame null and v<sad upon tekase ofi this rnortgaKe. ~-,r 1[rT~l is ;t,r ,~, '91 - ~ .• ~~ .~ [` kr Paz R#t tnriz3a»er. .v, .