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<br />79- Ot)°7i51 z.
<br />allowed by law or federal regulation. Principal amounts prepaid prior to maturity must
<br />be in amounts equal to one or mare subsequent prlncinai payments.
<br />3. That in addifiiian tc>, and together' with, the nk,~~thly ir,s:tallmentr; provided for
<br />under the terms of the aforesaid Prpmissary Note ar~d any other notes or agreements for
<br />additional advances as provided hereir. ~9artgagar will pay as an advance payment to
<br />Mortgagee on the first day of each month anti! said :foie and the total indebtedness
<br />secured hereby is fully paid, an amount :stirr:ated by ^.S~rig;gee to be sufficient to enable
<br />the Mortgagee to pay ail #axes, assessments (general or saes;ail, rents, and other
<br />similar chargers against The above described premises, as the same became due, Such
<br />adk~nce payments shall be paid each manth together with the manthiy instattments prauided
<br />for under the terms of Said Pramissary Note and any other notes er agreements for
<br />additlanai advances as provided herein in a single payment and shall~nct he, nor deemed
<br />to be, trus# funds but may be camm'snglad with other such funds or the genera! funds of the
<br />tortgagee, and na interest shall be par at le in respect thereaf. 4?artaayor shall promptly
<br />tarr+ord to hlartgagee al! bills far #axes, assessments and rents and Abr#gagae wil3 use
<br />=said advance pa}°ments €or the eayment o' sale bills, l~~>rtgayee +±:av_, tror~ tide to time,
<br />at its apt'son, waive, ana after such waiver, :air,state arty antl all provisions of this
<br />paragraph requiring such advance payments, b}- na#ice to ;~'iortgaga.r in wri#ing, While such
<br />waiver is in e.#e:ct, INartgagar shat3 nay all razes, assessments and rents as otherwise
<br />~ravided hereinafter,
<br />Q, i€ the iota! ct itae advance pz;menis m3ae by the f~9artgagar shall exceed fihe
<br />amoun# of payments actually made by the Mortgagee for taxes, assessments or rents, as the
<br />Casa racy be. suC$f excess, a# the aptian of t^e '~~r+ga42e, shall be credited by the
<br />'>~rtgagee an subsequent payments to be made by the '•i:rtyagar, err refunded to the Mortgagor,
<br />it, hcaaever, the rronihiy advance paymanfis rsade ay the ~iartgagar srati not oe sufficient
<br />ter ~iay-such taxes, assessments and rents, as the case may be, when the same. shall become
<br />~:ue and payable, then The t9artyagor shall pay to the '~'k:rtgayee any amount necessary #o make
<br />up tfre der#lciency, ore or before the date when payment at such taxes, assessments or rehts
<br />snail be ,due, 1# at any #ime #ne ?~ertaagor snail tanner to the Rtortyayee, in accardance
<br />wi##a the p;-av;aloha at the tdate securau »arab,, full oayT,ent of the erTire lndahtedness
<br />represented thereby, the ':'lpr#gayee shall, i^ :_omputSng the ar~unt of such indebtedness,
<br />credi# to t#r2 accaunt of t#:e f~rtgagcr any cra;;~t balance aiCumulatec Under the abave
<br />gara,graph_ It there shall be a der#ault under 3,y of the provisans of this l~artyage
<br />resrrl#ing in a pu4lic sale of '`he premises covered hereby cr if #;,e ',1ar#yagea acq.~ires the
<br />pr~erty attrerw35a a#ter .~.efauit, Tate ,Sartgagee steal; apply in such manner as A3c:rtgagee
<br />sha',l Ziatersaine the balance of advance payments #hen remaini»y in the funds aceumuiated
<br />unr t±a2 abr3ve paragraph, as a credit against the indeb#edness secured hereby.
<br />~: T3xa# in ine event any of the monthly advance payments proti=ided herein err monthly
<br />;nstaii~s'!#s provided for- under the terms a# said Pramissary t~iote and any other Hates or
<br />agreements #t~r additional advances rave na# bean made by the tenth day of the rronth in
<br />ynl~ such paymerft was ~?ua, a 1a#e cr,arge at up to tzn ! lit i*eri~ent a# the amount e# said
<br />*tiriy gayr,~t may ba assessac: by.-• tare ,t{.sscciafion to caner the extra ~xp2nse involved
<br />in l~andlirag delinquent payments. The nssoclatian shall not be obliya#ed °~ accep# any
<br />mthly paytaerst reade a##er the #enth day a# `ha man#;a unless said q~nt!t1y payr=x;n# steall
<br />a~ctzmparzd+ad by tf~e tali amount of the tape caarge assessed by the Association as
<br />provided neradn.
<br />- ~. T.^. ~^ay ,~ } ..,,.v -c:.. t~x~, aasc>sTncntS ; ~en~r31 err ~p;Ci~'7, rants and [3Tner 53m1 tar
<br />~"~arg~s 72rriet3 and assasscII against #ha prarr<ises, this ;lortgar~, err indebtedness hereby
<br />cured, ~#~are t#,~y hoc delir~o,,rent, t:3r wr;~:#: pr°~vis;ons has Hat Daen made hereinbefare,
<br />a'atS itr afe#ault t#aereat the ?~~rtgat ray p,ay the same, and al : money°s so advan:.ad with
<br />iir~tet~st at 12} ;a from the ,:ate of suer; p,aytk=n° steal? be ra;~aid by !~ortgagar upon
<br />x,~xaar+d, and stsall ba secured by this ?far#ya.
<br />7, Twat ~rtga~~r wily ,cae{s tt+e ir~ar~-~~a~an3s un saiw y~r2r,+isas insured .against toss
<br />2tr, tire, iigistriirag ar.d curer t+aFards incdudad ir. =ire standard extended coverage enders&-
<br />t pig #3i is:s;rrat,re wne:r. r~qulred by r~rta.agee) in err, amoun# r.;,t lass Shan the
<br />- a=~ bade zf ;~#' i~:bte~ress s Uu;aa erGr, rn ~°
<br />y, +ii 1 - _ n payable to said
<br />~35s.''Laati-ore, dr., a marry ar.cahias avice„t.~.:~e tc tta A ~;~ t-c ar.t should such policy
<br />' awl"aLies t'al:n any pravisian that vavi;t l lmit ine ir;sura°ca co~~gany's t lab: i ity to
<br />~:~ ts~e aaresunt of any loss or u'c~r3t~e up to t;;a #uI! ar~urt f r wr,'ch r>el ic;• is wri##en,
<br />]ta# o€ insurance to tze presvi did steal 1 4,a i err, a~;ur~Y ~,. t f i v i ant ter, err a l i # i mes ,
<br />f,sl3~ s#~t rh2 Asiatia-~. l§ 3~rtga~r fiaits Yn procur4 o-r m,:inta;:~ s;~cr, insurar;t~
<br />- irx tt§e zt' sgr,~i3ied rerr, the ~ssaLiti~on ><,a°,%, at i#s v,+tinn, i.racure an c+ pay for
<br />su.i~surar3ce, ana# all ?negs sera adv3+~ced wl~ix infere~t ai i2~ ~ #r~,-, ii;a data of
<br />Spa; pay~arst shall tie raid ny Dtsr#gagor upG.r ua^;,ar,~;, and snarl ne =,acureo by this
<br />#*
<br />~. ~tF+~# "tom dk~F'~9'g~t .r;3 1 # kae~i fi#Ee bui ; c17 nags ups~n sa 1 w , rc~mi sas i n geed re;~a i r, and
<br />~eeither ~iit sx~t' plartpit wars#e upo~rs said land, nr>r softer the same preml3es to be used
<br />tar any W0.-1i~fµf jtyrpprc,:+ t~t'art~tgc~r further agrees that withai;t the written consent of
<br />"~ 1'ade~ra! ~av~ngs .~i lgaay ruy.bs~#ldissgs afi additions To existinr~ buildings shall ba
<br />sreCtefl anef ~ri9 >aarxing anrS landgr:~Qd a-y=eas sh~ii be saTistactorliy rriaintainad.
<br />9. TAafi lit the evenfi t°i~e pre~,ises :x' any part t!aereot be taken or damaged by reason
<br />~r ~y 1?~€~+~ d~pt^atv~aar+t ~' rRM+iaaranatic~a proceeding; er under right of eminent domain,
<br />or isa may:tt#~r m~a~r~, Niprtgee shal# be entitled at its cpticsr~ To cammenCe, appear ln,
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