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"n!l'DW)Rf...~JtI':~~X 6~ ....illl 60 7 ~m:~l!!!JI!l!Y~Il~R~~)m~~~Jm>;>>tiW>>"J1r;J1l!J~~kaIKlmet~)!ro~}ljjl( 0':> ,/':l;Jtml'#.~'l!x~Il!W:,;(I111t .1lvJjl;Q1l~J&lgMM)jJ!K~tttCle~lIten:I'U\( :OJ:ixxxi"~I'l~JljOOllt'l~NIlIl<t\ocollcU{;e)(OW !lmXillll;(IaI)llUtl!.lOli!ilI:4JIOO(eIll;h'YXtlll!.'Q;&l!~X.K~ll':tI!II' :umlUl:t)exell!(()>>le>>n:X~~Yt0:/oo{liP.Iilf1l!ft~~T.MiK:1\YslOOllOllll&U ~l6ltlljlXOOX~FAl2):x.KJ&\Kz,m}{I1Z)lpe'i~lllUtie~e;;o,}l~~ ~X>)i.'lI!6:HI1fe.~1lIltJtaoocg:t!ll<fli~lit:aeI~~~m~~r- (b) A sum equal to tile 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 nextdue on the mortgaged property (all as estimoted by the Mortgagee) less all sums already paid therefor dividcd bylhe number of months to elapse before one month prior to the date when such ground rents, premiums. taxes and assessments will become deHnquent, such sums to be held by Mortgagee in trust to pay said ground rents, pre. miums., taxes and special assessments; and (c) All paymcnts mentioned in the two preceding subsections of this paragraph and all payments to be made under tlle 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: :(})XXXX~-ClJiiIil!CKlili&!t'tli<!:~I;r.iilXrlTlllidl>'l.Vmy,lh'e'S01!IWiJi:or~gc1(il'<KlilWa...~~fif; :UYIOOlll1\lY :tH~6r.li:tiidi'i;fYrii;#klig\f'llitrh~>pf~r.n!;/;<t1\~.l\~lQQ~:X (II) ground rents. taxes, assessments. nre and other hazard insurance premiums: (Ill) iJlterest on the note secured hereby; and (TV) amortization of the prjncipal of said note. Any deficiency in the amount of any such aggregatc 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 ~Iate charge" not 10 exceed I'm" cents (4~) for each dollar ($1) of each payment more than fifteen (15) dJ.Ys in arrears to cover the extra expense '.nvolved In handling delinquent payments. L :1. That if the IOtal of the payments made by the \Iortga/!:orunder !hl of paragraph 2 preceding shall exceed i.he amount- of payments actuaily made by the .\lortf!agee for ground rents. taxes and asse.samenL'5 or !nsurance pre- miums. as the case mav be, such excess, if the loan is current, dr the option of the Mortgagor, shall be credited by the \Iortgagee on subs;quent payments to be made by the \Iortgagor, or refunded to the Mortgagor. If, however, the monthly payments made by the Mortgagor under {hi of paragraph 2 preceding shall not be sufficient to pay ground rent, taxes Wld assessmentci or ins.urann..~ pn~mium:-;. a~ the ea..,",p may be. when the ~ame 8hall become due and pay- able, then the \lortgagor shall pay to the\lortga!('>t' any amount tw('essary to make up the deficiency, on or before the date \\'h(~n paymt~nt of ~ul'h ground rcnt~. (axe:::-. a:-3st'ssments or int'lurance pr..-miums shall be due. If at any time the \longa!!or shall tend", to th,' \Iorlgagee, in a,'corda.nce with the provisions of the note secured hereby, full pavment of Ih,' entin' indebtednes~ repre~ented therebv, th,' \lortgagee shall, in computing Ihe amount of such indebt~ss, ('redit to the aCC<lUi)i of the 1.1=[" ['11[' o;,""ew~ m~,le ~n'ler (~Dmvi~I'lf%S of:rlt'j:g~XX~'{Q V"." '.Y'/~YVV"\"."v..y,y".",.,.."vy",,.. "'\ d',.,.'" ' '. ,_,'v \~'\'<;(\" ~n"\"1. '.' .1"\'> ~ '':yx'" . ,)' , ..'~. , , nereorwttll:rUh.."1OI'tga'ge,.vnll",,nl1 '''''''0111''. . ed10'1'ay'tl11 ~'''l!M'e. ty'Ut' (jST~'ro tblb)ili~~1l\pm~ lb\rllliql>litooel\:rlQOlill>ioiiOif:",'l~Mi~ul'.il<li...al<tit:Ii.l(fu.~1'l\M;>;mnlP..'f:tb) of parawaph 2 hereof. If there ...;hall be a default undt.~r allY of the provision:-- or thb mort/.!:agt" rl':-;ulting in a publil' ~;1le of the prt~mi~e~ t~ovl~red hereby, 0':" if the .\lortgagcl:' acquire~ the property other\\'i~(> aft.er defl:Lult~ the ,\lortgag-ct' shaU apply, at the timt' of the eommenctmtent or ..-uch proct:'4.>ding:-;. or at till' time lht" prupf.'rt} i;:-; other\\-i:->.e a<"(luired. the balance then r('main- ln~ in the fund~ accumulated untk~r (hJ of paragraph 2 prl'('cding. a~ a credit against the amount of prineipal then remaining unpaid and... ~aid no[(', Mll:i;;l\llt1:'prilpeclyX:aMjU'Sl':ith~~..e..OC'Wfli:1:IiX.jli1il1Xl\'m.'\"~Ydi.od;"(ii;\'d;"H<i]: bf.JiiU.8j!;i'IilIli>~;,' 4. ThaI the Mortgagor "ill ray ground rems. !a.\~..., a~~e~smenb. \\ater rales, and other governmental or municipHI charges. tines. IIr impo~iliun~. for 'il..hii..'h pn,l\'i~ion has nul been made hereinbdore. and in default thereof the Mortgngee may pay the ~ame; and that the- Mortgagor \\.ill pr,)mptly deliver the l)fficit,1 receipt:'-. therefor to the Mortgagee. ). The Mortgag\.lf \\ill rK1}' allli..ne~ which may ne levied upon the ~lortgagee's interest in said real es.tate and impro\'e~ ments, and which may ~ levied upon Ihh mortgage or the debt sc\.:ured hereby (hut only to the extent that such is not prohibit. ed by I~w and ~mly to the t\tenl that such will nul make this loan usur~ou~). but excluding any income lax. State Of Federal. imposed on Mortgagee. and \\-ill me rhe official re\"~cjpt ,:-ht.l\\ing such p..tyment with th~ Mortgagee. Upon violation of this under. taking, or if the Mortgagor i, prohibited b) any law now llr hereafter e,xisling from paying the whole or any portion of the ::Ifore. said taxe~. or upon the rendering nf ~iIlY C\Jurl decree prohihiting the payment hy the Murtgagor or any such taxes. or if such law or decree pruvides thai any amount M} paid by the ~tortgagor shall be credited on the mortgage debt. the Mortgagee sball have the right to give ninety day~' wTitten notice tn the owner 1.)[ the mortt:aged premises, requiring the payment of the mortgage debt. If such notice be given. the said debt shall Del.:ome due. pa}ahle and collectible at the expiration of said ninety days. 6. That should he fail to pa~ an} sum or keep any covenant provided for in this Mortgage, then the Mortgagee. at its op- tion. may P'dY or perform the ~ame. and aU expenditures so made shall be added to the principal sum l)wing on the ahtwe note, shall he secured hereby. and shaH bear intert-Sf at the rate set forth in the said note. until paid. 7. That he hereby a:'.signs. transfers and sets. o\'er to the Mortgagee. to be applied toward the payment of the nLlte :md all sums se~ured hereby in case of ~ defaull in the performanl:e of any of the terms and l".'onditions of this Mortgage or the said nole. aU 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 Mortgagee shall have power to appoint any agent or agents it may desire for the purpose of repairing said premises and of re.nting the same and collecting the rellts, revenues and income, and it may payout of said in- comes all expenses of repairing said premises and necessary ,ommissiolls and expt.~l1ses incurred in renting and man~tging the 'Same and of (:ollecting rentals therefrom; the balance remajning. if any, to be applied loward the discharge of said mortgage indebtedness. 8. That he: will keep the improvements. now existing or hereafter erected on the mortgaged property. insured as- may i:le requic-e-.d from time: to rime hy the Mortgagee against loss by fire and other hazards, casualtie~ and cnntingenL'ies in such amounts and tor .such periods as may be required by the Mortgagee and will pay promptly. when duc, <lny premiullls on such insurance provision for payment Qf which has no-t been made hereinbefore. All insurance shall be carried in companic!'. ap- proved b)' tbt- Mortgagee and the polides and renewaJs thereof shall be held by the Mortgagee and ha....e attached thereto loss pa)'able clauses. in favor vf and in form acceptable to the Mortgagee, In event of loss Mortgagor will give Immediate notice by mail to the Mortgagee. who may make proof of los\ if not made promptly by Mortgagor. and eai.'h in\urance company ..'on. t;,.-erncd 1-S hereby .authorized and dire.cted tl) make payment for sU1.:h loss directly to the Mortgagel.' instead or to the l\.lortgagor andthc Mortgagee j(.lintly. and the insurance proceeds, Of any part {hereof, may be applied by the Ml.lftgagee at it\;, opliun drher to ,be reduction of the- indebtedness hereby secured or to the fe-sturatiun or repair of the property J.am.tgcd. In event of fnredo- S.\1f( of lIiis. mOftp&e:oruther transfer of title to the mortgaged property in extinguishment of the indehtedne~s s.C'cun:d bercb). ~l '.t. title and intcre.;.t of the Mortgagor in and to any insurance p1Jlides then in f\lTce ....halt pa~s to the purch;ls~r or gran[t.'~ Ii. ~t a~ additional and ,(,~latetiiJ ~e.c:urit). fur the paymcnl d the UOlt\descrlbed. .md aU sum, fl.~ lle\,":~l!nC due lIodc:r (hi>; tnOrtp"at) the Mort&aam hcreb)' ;!:'lo""igns h) {he Monjtagee aU profits. revenues. royalties. ri~hh and bend,,,,,, ,ll:l.Tuing h. lhe MC11pJUf under any and aU oil .\Snd gas Je:.b..c1J on s.aiJ p'emise-~. with the right to receiv~ ;mJ rcct~ipt fur (he ~.un(' ..10\-1 JPP!~ them loNtW fndCbtc-d-fle~S as wet! ~rO{e a\ afi-frdtf~uU in tbe conditions uf thi~ rrwrtg.,ge. and fhe- Morf~~gi;'C' llW\ t.lemand, >;:ue rm and r-tt:O'tf(':f M1Y :m~h paymenh wh~n due- ,;tn-d payable. hUl mall not he r~quirc:'J \n tJ;1 dn Ttw, a.."'ij?OIlh:nll'" h) fermin_.He Mld ~~om~ tndt and void upcn rdea~'C of this mori~~t" HUi,:>-9:.!1,;',-H,,1 I:! ,'9)