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X YxxxtF~o]QX]fNN1tOCltlCitiCYlteCllitoE:tlkx7fiftlLYa[]fif9tEg11g~{ifiiilf'Y~dlE7~if~(dflf~{dCfGYAFHi479I67~ftdfdidd(lilEliEt161fi1br 84 ...11.()10 4 0 x~amf:tsffmfxx~l~cxffafcff~~a~fxx~x~x~b~nf~xxavf~c»IC~c>~~r~w~xe xxiv~ffff~mr~rdrtll~wraf~rar~axil~x~l~x+r~uxiixx~awl~a~ X7(Idlf XXX3IxXtK1f~I~rYg~FX~lf1}([YdrfK$~fyeYrYi[YN3FS~YII$K[Y°.~,esti.KdIX7L36XtY)[kXYYi63GXXXYIGYYXYYYa (b) A sum equal to [he 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 [he mortgaged property, plus taxes and assessments:next-due on the mortgaged property (all as estimated by the Mortgagee) less all sums already paid therefor divided=bythe 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 [o be held by Mortgagee in trust to pay said ground rents, pie 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 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 in the order set forth: x~~XXX~%~Y~~G>7~(t~~~~~~~~~i~t~~. ~~~fr~i~~~~~~~r~~~~t, (11) ground rents, taxes, assessments, fire and other hazard insurance premiums; (III) interest on the note secured hereby; and (IV) amortization of the principal of said note. Any deficiency in [he 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 under this mortgage.-, The- Mortgagee may collect a "late charge" not to exceed four cents (~!r) for each dollar(51) ofeach payment more than fifteen (15) days in arrears to cover the extra expense involved in handling delinquent payments. :3. That if the total of the payments made by the :Mortgagor under (b) of paragraph :', preceding shall exceed- the amount of payments actually made by the Mongagee for eround rents, taxes and assessments or insurance pre- miums, as the case may be, such excess, if the loan is current, at the option of [he Mortgagor, shall be credited by the 9lortgagee on subsequent payments w be made by the Mortgagor, ur refunded to the Mortgagor, If, however, the monthly payments made by the Mortgagor under (bJ of paragraph 2 preceding shall not be sufficient to pay ground rent, taxes and assessments ur insurance premiums, as the ease may be, when the same shall become due and- pay- able, then the M1tortgagor shall pay to the \1ortgagee any amount necessary to make up the deficiency, on or before the date when payment of such ground rents, rases, amsessments or insurance premiums shall be due. [f at any time the Mortgagor shall tender to the 11ortgagee, in accordance with the provisions of the note secured hereby, full payment of the entire indebtedness represented thereby, the Mortgagee shall, in computing the amount of such ~++a~+r}rrt~rrAKlf~t~`19fetlttlGlift~'~SXtiiFa''fifd8iiddF'~1i8JGIFiHbl~ydF' (b) of paragraph 2 hereof. If tFiere shall be a default under any of the provisions of this mortgage resulting in a public Salo of the premises-covered hereby, or if the Mortgagee acquires the property' otherwise after default, the Mortgagee shall apply, aLihe 4ime of the commencement of such proceedings, or at the time the property is otherwise acquired, Ute balance then rettiain- ing in the funds accumulated under %L) of paragraph 3 preceding, as x credit against the amount of principal then remaining unpaid under said Hate,Xt~X~If4lftltpf)iXtld~il6~ilii~gt~{3F1if~X~[Kgxt>~K;~~g~1 XhiE~3ttF~y;~, 4. That the Mortgagor will pay ground rents, taxes, assessments, water rates, and other governmental or municipal charges, fines, or impositions, for which provision has not been made hereinbefore, and in default thereof the Mortgagee may pay the same: and that the Mortgagor will promptly deliver the official receipts therefor to the Mortgagee. S. The Mortgagor will pay all [axes which may be levied upon the Mortgagee's interest in said rea! estate and imprave- 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 by law and only to the extent that such will Hat make this loan usurious), but excluding any income tax, State or Federal, imposed on Mortgagee. and will file the official receipt showing such payment with [he Mortgagee. Clpon violation of thisunder- [aking, ar if [he Mortgagor is prohibited by any law now ar hereafter existing from paying the whole or any portion of the afore- said taxes, or upon the rendering of any court decree prohibi[iog the payment by the Mortgagor or any such [axes, or if such law or decree provides that any amount so paid by the Mortgagor shall be credited on the mortgage debt, [he Mortgagee shall have the right to give ninety days' written notice to the owner of the mortgaged premises, requiring [he payment of the mortgage debt If such notice be given, the said debt shall become due, payable and collectible at the expiration of said ninety days. 6. Thal should he fail to pay any sum or keep any coven antpravided fur in this Mortgage, then [he Dortgagee, at its op- tion, may pay or perform [he same, and all expenditures so made shall be added to the principal sum owing on [he above note, shall be secured hereby, and shall bear interest a[ the rate set forth in the said note. until paid. 7. That he hereby assigns, transfers and sets over to the Mortgagee, to be applied toward [he payment of [he 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 Che said note, all the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage indebted- ness shall remain unpaid; and the bortgagee shall have power [o appoint any agent or agents it may desire for the purpose of repairing said premises and of renting [he 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 commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom: the balance remaining, if any, to he applied toward the discharge of said mortgage indebtedness. 8. That he will keep the improvements now existing ar hereuRer erected on the mortgaged property, insured as may he required from time to time by the Mortgagee against loss by fire and other hazards, casualties and contingencies in such amounts and for such periods as may be required by [he Mortgagee and will pay promptlp, when due, any premiums on such insurance provision for payment of which has not been made hereinbefare..All insurance shall he carried in companies ap- proved by the Mortgagee and the policies and renewals thereof shall be held by the Martgagee and have attached thereto loss payable clauses in favor of and in form acceptable to the Martgagee. In event of loss Mortgagor will give immediate notice by mail to the Martgagee, who may make proof of Toss if nut made promptly by Mortgagor, and each inswanre company con- cerned is hereby authorized and directed to make payment for such lass directly to the Mortgagee instead of to the Mortgagor and the Mortgagee jointly, end the insurance proceeds, or any part thereat, may be applied by the Martgagee at its uptio^ either In the reduction of the indebtedness hereby secured or to the restoralion ur repair of the property damaged. fn event of forec lo- sure of this mortgage or other transfer of title to the mortgaged property in extinguishment of Utc indebtedness secured hereby . all right, title and interest of the Mortgagor in and to any insurance policie.. then in fw'ce ,hall pass n? the purchaser ar grantee. 9. That as additional and collaieraf security far the payment OF the nuts described. and alt sum, to hecanr due under this rortgage, the Mortgagar hz;rehy assigns to the Martgagee all prafi[s. revenues, rnyatties, rights and beurfita +tcrraing to the Mortgagee under any and all oil and gas leases at said premises, with the rittht to rrcefse and receipt tar the sane and app!} them to said indebtedness as well before as after default in the egnditions of this mortgage. vxl the Mortgagee may demand, we fnr and reaaver any- such payments wften due snd pnyablo- but shaft nat. be require) so t<• der 'This ursignmant is to ierrmratc and become Hutt snd void umut eefeasc of this montage. r n, L3 y; Id3M1a lSr tad}