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Home My WebLink About1899 •1 ~ . ~ . ~ ~ . ~ ~ . 1 . i ~ - 6 - principal' ~ and iri~eree't to be paid each month 'o$' a~count of the Note, shall be added''together, and the Qggregate amount thereo~ ehall be paid by the Mortgagor to the Mortgagee in a eingle payment to be applied by th~ Mortgagee on aacount oY the indebtedneee oY the Mortgagor pureuant to tbe Aote and thie Mortgage (to the eatent that moniee are avgilable ~rom the amount eo depoeited), in tbe . . order, any provieion o~ the Note to the aontrary notwitbetanding, ae followe: i , fi_ ret, to the amount of euch ground rente, if any, fire and other bazard ineurance premiume, ta~cee, aeseesmente, - water ratee and other governmental chargee required to be ~ paid under the provieione of thie Mortgage, in whatever sequence the Mortgagee may eaclueively determine; ~ ~ , i ee~ cond, to intereet due on tbe Note; } ' ; th~ir_d, to the principal due on the Aote; and fourth, the remainder to the late chargee, if any, referred ' ' to in the Note. , ~ Any deficiency in the amount of any euch aggregate monthly payment shall, unleee paid by the Mortgagor prior to tbe due date o~ the neat such depoeit payable, conetitute an event oY deYault under thie Mortgage._ , . ! ~ (c) A~ny excees funds that may be accumulated by reaeon o~ ~ ~ ` the depoeite required under Paragraph ?(a) bereof, remaining after , payment di the amounta described in clauees (i), (ii) and (iii) ' . ; ~ thereof, ehall be credited to eubeequent respective monthly amounte ` . of the eame nature required to be paid thereunder. If any euch amount eha11 egceed the estimate there~or, the Mortgagor ehall Yorth- ~ with pay to the Mortgagee the amount of euch deYiciency upon written 4 ~ notice by the Mortgagee of the amount thereof. Failure to do so ; ~ beYore the due date of euch amount shall be an event of default under ~ thie Mdrtgage. If the mortgaged property ie eold under forecloeure ~ ~ or is otherwiee acquired by the Mortgagee, a~ter d~efault by the ` ~ Mortgagor, any remaining balance o~ the accumulations under Para- ~ ~ graph 7(a) hereof, ehall be credited to the principal amount owing ~ on the Note ae of t~e date of.commencement oY torecloeure proaeedinge ~ for the mortgaged property, or ae of the date t'he mortgaged property fe otherwiee eo acquired. ~ - ~ ' s ~ 8. The Improvementa and all plane and epeciYicatione therefor ' ~ ehall comply with all applicable muaicipal ordinancee, regulatione, and=ritlee made or promulgated by la~vY~il authority, and upon their - ~ ~ ~ooK175 ~~E18~ . - - _ - ~ - ~ ~ ~.~~~~z_.e~.____ r~t~,~