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<br />u,l owod:,isy aw,rar f~Gfcra racgutaf°rprl. I'r`irtcig,.gl ttmiuri't,tb' l;rr.,.~~ti:t jar-i:,,r ko m.~tur-i'ty ntaJ.7°t
<br />be to atj',i~un`ts a~ciuzal -tq orr~a uar~ Beare syb Sg;urG:nt yarlrteip~sil {?-,,yrnr'rrrt:;.
<br />3.'~'''Titia't i'n add'i"fivvi'tu, and together witf't, the rn«rtttify insta~Lr~:nts provided for
<br />under the terms of the afaresaid Promissary date and any other notes or agreements for
<br />additional advances as provided herein Mortgagor will pay as an advance payment to
<br />Mortgagee on the first day of each month until said PJvte and the total indebtedness
<br />secured Hereby is fully paid, an amount estimated by Mortgagee to be sufficient to enable
<br />the Mortgagee to pay all taxes, assessments !general or special}, rents, and other
<br />~~imiiar charges against the above described premises, as the same become due. Such
<br />advance payments shall be paid each month together with the monthly installments provided
<br />for under the teens of said Promissary tdote and ar~y other notes or agreements for
<br />additional advances as provided herein in a single payment and shall not be, r.or deemed
<br />to be, trust funds but may be. commingled with other such funds or the general funds of the
<br />h~lort3agee, and no interest shall be payable in respect thereof, tortgagor shall prcmetly
<br />forward to Nlortgayee ai 1 bi I is for taxes, assessments and rents an,d tfr~rt:_tac,•ee o-ti t I use
<br />s8id advance payments for 'the payment of said bills. PJta rtpagee may, from time to time,
<br />at its option, waive, and after such waiver, rc.instai'e any and all provisivn~ of this
<br />paragraph r equ f r i ng such advance pays n t~ , b.r, not i cc: tr:, ;,4ortga!tcr i n wr i t i nct, t+ih i I e such
<br />waiver is in etfect, Nlvrtgagvr shall pay all taxes, assessments and rents as otherwise
<br />provided hereinafter.
<br />d. If the total of the advance payrrnr,i's made by the M1iortgagor shall exceed the
<br />amcaunt of payments actually made by the i~iortgagee for taxes, assessments or rents, a<. `he
<br />,.use may Lo, sur~h excess, -3t the option •of thr> t~t~,rtgagce, she,! i be <:rcadited by the
<br />hFartgege© on sub~_equent p<jvments to be tn;tde. ;+y the hbrtgayor, yr refunded to the Marty,tgor.
<br />I f, however, the monthly advance payments rrtade; by the M1lortgagor r.;'~r~ i l not be sufficient
<br />to pay such taxes, assessments and rents, tts. the ca~~:c; ntay be, when the same shalt become
<br />due and payable, then the Mortgagor shall pay to the fortgagee any amount necessary to make
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<br />up tt;e deficiency, vn or before the date when payment of su<yh taxes, assessments or' rents-
<br />snaii ba due. If at any time the t1vrtgager shall tender to the Mortgagee, in accordance
<br />wile the provisions of the Note secured hereby, full payment of the entire indebtedness
<br />':represented thereby, the Mortgagee shall, in computing the amount of such indebtedness,
<br />credit to the account of the M1iortgagor any credit balance accumutated under the above
<br />paragraph. If them shall be a default under any of the provisions of this t+Iortgage
<br />i'esutting in a public sale of the premises covered hereby or if the Riortgagee acquires the
<br />property otherwise after default, the Mortgagee shall apply in such manner €rs M1tortgagee
<br />malt determine the balance of advance payments then remaining in the funds accumulated
<br />under the above paragraph, as a credit against the indebtedness secured hereby.
<br />5. That in the event any of the monthly advance payments provided herein or monthly
<br />installments provided fur under the terms of said Promissory mote and any other notes or
<br />agreements for additional advances have not been made by the tenth day of the r*.x~nth in
<br />',which such payment was due, a late charge of ue to ten (tit} percent of the amaunr of laid
<br />r,~nfhly payment may be assessed by the Association to Lover thu extra c+xpests~v inva3ved
<br />in handling delinquent payments. The Asrsociafion shall Hat be abtlaated to rccep't-any
<br />!rx}rrthiv payment made after the tenth day o; the rrx?nttt unf~.~s said mvr'rtr.ty p3vrrtertr she! t
<br />`.r~ ~Gc ~mpan it-3d uy the fiitt ~iiM lint pf the i~.1te i:ii~ri~c as~~ss~c,1 i?v ~ti~s F?~.a~z~ati<_ri a's
<br />-~.~_ To_{~ay a~-~y tnd of i ta~s~ ~s ~ _c~rtt [_s;~-. _, at •_~. ,,, :=.~-t-', . v-,, ~ -v.~ .:tether- sir:: tar- -
<br />,.haryss lovied and assessed against the ;,r°ermises, this P-tortgage, yr indebtedness hereby
<br />secured, before they Become delinqueni, for which ttrorisions has r,ot bear} r.,ada hereinbefvre,
<br />and in default thereof the t~artgagae may pa+,~ the same, and .;It a~?nr+ys ~,o advan~od with
<br />interest at t I~_~ from the d~i'tr3 of suc~i t?3yr+i~nt ,~hal I bi rvr?ai:i by ?~>riYac}~rr upon
<br />demand, and shel i be sac.ured by this i~t>r rr,ac,e.
<br />7. That M1t~artgagvr wi i I keop 'the imy?revLr,rants .)n =aid premises inaurc+d ac}:~i:~:;7 ;r,:,s
<br />(f rvn°~ fire, I i yhtn i ng and otne;r hazards i sic !used i r. tht ; tandard t;xt2nded covc,r<c,~ end..rse-
<br />men i p 1 us t I ood i nsuranc:c ,vherE? cola i red Esy rR?r t,i;,~f9tr } i r, an amount nc~ f r r:x:,s t r :~, ti~ar
<br />~Ilpald t)alanC6 at The tndc'b te.'-ditH°,S 'iC`r<UrU`1 !1 E'rdDy, with It~,s~~, IT .9ny, i,dy,rb lU irk _; Clid
<br />Assocfratian, in a cvmpetny or ,,.ompanius a<'~r:eptrtble tf, tir~~t Assiu:i;:,ti:~n; acrd should sueh p«Iiey
<br />c>r poi iCie~ contain any provision tht, ,=,uiri I irai t :r,u i,e,ur-ar,:,~ ~ rorruany'i; i it5c`7i t ify i-_.
<br />pay the amount of tiny loss cr damage up tcs the> full ,3rrvunt fc?r wt?ic,h pcalic:y i~; written,
<br />the amount of insurance to bo provided shall be in art ame;unt sufficient to, at a!I Limas,
<br />fuI Iy prv'tect the Assvt:ia'tior?. ! f hk?rtgagr?r ',ri Is to ttrora.rro rtr n47intc9irl 5ucat lr~,-un°ance
<br />- in-1tFG rttanrre-r :.;pee-ifly'-d tir<r~1n, tt?~ A~_;t3.t~i-.rc~~t rf~ay,-.3t tt:. ~,i~„=>~r, i,rot.ttr~ ar d pr}y f;-,r -
<br />such i n,urance, and a! I »,onays sa .~dvanc~:d with I nt~:rf.*, ,tt ;'t, ~ fr~arr ,., _ dut:x ~rf
<br />~,ucn I?ayment She I ( be rcpa i d by M11ortg~r_tvr u1'x"~ dunranrf , <tnu !,<t f f ~,ercxur',:.d t~yt i tt i
<br />i~1c>rtgaga.
<br />i. chat the Mvr'tgayor w i I I keep the bu i t d i ngs ~.rpon ;aid p rcarn i >er•, i n good rel,a i r , ~tnd
<br />neith?r eammit ear permit waste upon ,aid land, nor r,uftar the samo promises; to be usr;d
<br />-tor any unlawful purpose. Mortgagor further agrees that without tnfa written cvr,sent of
<br />-Home Fcader`aI Saoi-ngs and Loan nv buildings or additions to existin<j buildings shrjtl be
<br />erected acid :?II parking and landscaped areas shall be satir;fa<:tcrily maintained.
<br />9. .That in the avant the premises or any part thereof be tat:crt or d.3mal4.d by reasc•n
<br />pf zany pwblic Improvement ar condemnation proceedings, ar under- right of erniner,t domain,
<br />or i7i any.p`ther manner; Mortgagee shall tie Pntitted at its option to cornrnence;, apo<<_,r in,
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