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<br /> �i . y7� nnQ �l22 . � '
<br /> , � � �'---f��a� 4�, �
<br /> ; ,� 0. If I�e fails tu E�ny niiy sum or kcep nn�� co��ennnt pro��ided for in thta moitgage, tlie Tiortgnqee, at ' ,
<br /> � ; -� its option, ma�� pny oi� ��erfurm ihe same, and nll expenditures so madc ahall be added to tlie principnl sum r `
<br /> � � � o���ing on tlie nUove note, slinll .Ue aecured I�ei�eby, nnd slinll benr interest until ��aid nt the rntc provided ` ,, ' ,
<br /> for Iii the princi��at indebtedness. - ' a
<br /> (� 7. U p mi r eq u es t o i t h e D i o r tg ngee, \i or tg n g o r s hn l l exec u tc n ti d de l iver a aupp temen tn l no te or no tea � r ',' ' � ' ,
<br /> yl - . for tlie smn oi' 8U1118 Aa\•anced by Ttnrtgngee foi' �IIC A�tOI'AtlUtt� 1110(�CI'ri12AI.1011, or impro��ement made nt ' , , , � , ,
<br />,� � . the ltortqngol's reqliest ; or fa►• mainteunnce uf satd premiees, oi• fm• fnses or �ssesauienta �ga{net tlie �. , ;", ' ' ti;
<br /> , , arsnie; :1tt(I tOC' AllS� uthel� pur��ose else�vhere nutitorized herewider. Suid tiote or �iutrs sliall be secui�ed , ,� , � ;?
<br /> hereby ol� n pnrit�F �sitli and ns fully na if the ad��+utce evidenced the►rUy ��•cre included in tlic nota ftrat ` " ` '
<br />; � des 'cribed nbo�•e. Sa{d suppinmentnl nute or ►iotea sliall.Ue�tr interest nt tl�e rnte t�[•o��ided for in thc prin- ' t ` ,�f � '
<br /> t ' cipal',iudeUtedness'nnd shnll be pay1IJIC It1 A p p1tlXI111A�rIJ* r QUAI 111011�I1I y pa5�ments for stich peri�d as tuny �, '� ' .:�
<br />,,,: be ngree�i u��mi by i1�e �Cm�iga�t nnd ltortga�r.. 'rh'xil{ng tu agree oii the matui•ity, thc �chole of the aum ", ' f, r`;
<br />; , ' ' or suma so ndi�anced shnll bc dua nnci 'pnyaUle thii�v` (30) �inye nftcr cietnlnd by tGe ltortgagee. Iu uo :;; k :`
<br /> , ; , c�•ent slinll ilie ,mnturity extetid be�•ond the ultitnate maturit�� nf tlie note firat described abo��e. - , �, �;
<br /> 4t,
<br /> � - " , 8: He hereby a1551$I19� transfers and sels over tn the \foLt�agec, to be appl{rd to��•ard ttie paynieut of � �',
<br /> the �iote und All "sunis secured hereUy in clse of a defnull; in tiie performnnce oS an�• of tiie tcrms and condt- ' �� � 7;:
<br />; . . ' iious of this ninrtgage or tl�e said nole, all the 1•ents, ret•enues uud inconie to br. deri�•ed f�rom Uie mm•C- , �::
<br /> `- gaged premises.during such time ns the mortgage indebledness shnlll•emnin mi��aid ; �ud the Diortguqee ` i
<br /> , � shall ha�•e �iot��er io appoint tiny ngeut oi' i1y�'l'11t8 It I11AJ' (ICSIIY' COP the purpoae of renting the same and cot- ° �,7 ;
<br />„ : leeting the rents, reaeniies aiid incmue, and it may u3y out of said incomes iill necessai•y commissione nnd ' i� � °'::
<br /> r, � expeiisea incurred in reiititig and ivauaging the satiie nnd of cullecting rentals thei•efrom ; tlih Unlance ; 5` �
<br /> 3; roniaining, if an,r, to be aqplied to�cnrd the discl�argti of said mnrtgage indeUtediiess, � `��•
<br /> _ ; :l �: A d,
<br /> 9. Iie �eili conlinunusl,i• maintaiu ltazard . inaurauce, uf such tppe or Lyt�es ahd amamrts as ;liurt�agee y ,
<br /> iu:�y,trom tiine to timc requice, ott Hic impro��ements no��� or 1►ercafter nn said ��retnises aud e�ce)�t �vhen r "' ,, �-;
<br /> ' ` ��ayment for; xil such' pre�uimns has theretofoi�c beeu mnde under (a) uf p��ragi•nph 'L hereof; ��•ill pny. K �� ' i `•"
<br /> prom��tly ���heii due ��� pre�utums tiierefor. < U��ou default Uiei�cof, ' liortgagee m:�,�� pn�� tfie snuie. �111 � ' � , i
<br />� ' insurance sli�q be c.irried iu compauiea appro�ed by tlie \furtgagec aud the �iolicies 1nd f•eue�rnla thet�eof �
<br /> ahnll be hrld bt• the �Iortgugee nnd havc attached thereto luss p:ty�Ulc cl:tuses iu fa��or; of nnd Sn fortn ; i ; ':
<br /> �cceptable ti� ilie ilCoi•lgagce., Iu e�•ent of losa liortgagor ��•ili give inuucdiate noiice uy mnil to the Dtort- 4 , ,;
<br /> x gagce, ��•ho mny mal,•e pinof of loss if natmade promptl�� by ltortgagor, nnd elch iiisurance com��nny cou• d a :
<br /> , � cer�ied is licreb�• nuthorized .inci directed ta m11ce pnyment for auch luss direcUy to tl�e \Turtgagee instend � , •:
<br /> , k of to Uie lturtgn�or and tlie \iortgagee joiiitlg, 1u�i tlie tusurauce pi�cceds, or nn�� part tlieirof, � � � ,� ;
<br /> � , ma5� Ue npplicd U�• ihe btortgagee at its option either to tite reduntioii of tlie iudebtednegs hei�eBy secUred � , �; :.
<br /> " � . qr to tlu resiai•atiai or i•epair of tlic ptroperty damaged. Iii e�•ent of torealosure of tliis mortgrige, or oUier ; � � ' , :
<br /> 4 r trmisfer of t[tle to thc mortgagect prapert�• in extinguishmeiil of tlte : inciebtedness secin�ed liereb�•, all'
<br /> + " right, . title `and interest of the lfortgagor-.in nnd tn nn�• insurauce policies theu in furce sliall ��ass to tl�e. '
<br /> purchnaer ur grautee. , ' ;' ., ,
<br /> $ 10. as ndditiuual nnd collateral secucit,v for tlic paymeuE of the �iote described, siud nll suins to �ecome_ � ``
<br /> due iuider tltis mm�tgnge,: the Aioitgngor het�eby assigns to tlie 1[oi•Egagee all lense bonuses; j�i�utits, reee- '
<br /> ; _ ;; ,::
<br />� nucs, �ro��alties, rights; nnd other beuefi�9'accruing to the \[octgagoi uuder :uty� and .tll. oil and 'gas leases t ' • ., ,,.
<br />� ;
<br /> :.� nol�•, OC tllll'i116r lhc life of this niortgage, executed on anici premises, ii•ith the right to recei�•e aitd receipt r
<br /> r toc thc snmc and nppl�• tliemio said indebtedness as ��•eU befoi�c ns after ilefaiilt fu the eondiiions of thia •
<br /> mortgage, and the ,1[orlgaqee nuiy demnnd, sue for and reco�•er nn�- such paymeuts �chen due und p.�,1'- . . '
<br /> ' :tble, bul: shaU nut Uc required so to do. This �ssignmeut is to terminnte nnd Uecouic null zn8 roid t�pon. , , , ..
<br /> ` i relcage of tliia mortgage. :s
<br /> ' 11. He shull nut conunit or permit �ruate � aud shall maiuti�iu the �iropertc in as good rondition ns at
<br /> i � present, rc�sonlble ��•car and trar c�cepted, lipon iin�� f1II111'C tU Stl Ill8111LA�11, `Iorlgngee, itt (ts o��tion, '
<br /> ni:�y cnuse itnsunnble ivainteunnce ��•ork to be pertormed nt tlte cost af .�lortga�;oi•. Ant� tunoutlts pnid .
<br /> tliereCor b�, 7+iurtg�ibec s1�711 beu• iuterest tit thc rate ptm�•ided for in tlte �n•incipal iudebiedness, ehnll
<br /> � , : tlicreupnn become fi plrt of the indeUledness Aecured Uy lhis iustrtuiie�it� YAt��I ' fllltlbtl il )11'ILV �citli �
<br /> � J 1 , ll�l � � , � �. _
<br />' I � otliec indeUtcciness secut•ed hrl•eby, .uid sli:tll Ue patyablc tliirC�• (30 ) �Ina+a nfter demvtd: � - '
<br />� � : .
<br />' � � 12. lf lhe prentises, or an�• p:trtthcreof, be condemned ander il�n po��•er of emiuent dcimain, or ,
<br /> r � A ACIjUICI'(I � tOP B . pU�IIC 118C� the d'.itl11J�'CS IItCRI'(IC'CI, tite �nroceeds for lhe lalcing uf, �or the cousidcrnlion for' .
<br /> suclt ncquisition, lo tlie exteut u[ the full nmuunt of tite reu�lining uupuid indebteduess aecured b�� tBie
<br /> � i " mortgnge, ur hereUy assigued to ihe rtortgngee, nnd siinll be pnid torth��•fUi to said nlurtgiigee, to be
<br /> applied un nccuw�t .of thc lasb mttturinK inat111nieute oEsualt intiebteducse.
<br /> 13, IC tltc Mortgagor fails to rouke nnp plynieuts «•l�en due; or to confo�•nt to �ml cot»}ily �cith nnp
<br /> of !ke cuuditiona or ngreementa conktined in this mortgage, or tlie nutrs �cliich it aecures, then the
<br /> c� � nntire prltielpttl stun attd nccrued intecest ahnll aU ouce becunte due and pay:ible; at tha eleetion u£ the
<br /> � ? \Tot�tgngee ; �tid thia mortgnge mny thereu��mi be forcclosed invuedintelj� fot� the �i•holc uf tl�c indebted-
<br /> ness ltereby secured; ineludi»g ,tlte cush of extendiug tlie abstraet uC title from lhe dnte oC lhie murt-
<br /> gaga to the t (me of commencing such auit, a res�smulble attorney's fee, nnd :ui�• sutns ��nid b�� tlte �'eteriuts
<br /> � ; . Adu�iniatrntion un accattnt of tlte gtiarnnty or inaurancc of the iitdebtedneas secuced hereb�•, all i�[ ��•hicl� ,
<br /> ehnll' be hicluded In the dcerec uf fo��eelosure. �
<br /> ; t , . _ �.:. �. . . ; � ' , . .. . . . . .. - � . � �� �� �Qty�y ..
<br /> 1d. It tlie iudebtcdness aecui'ect hereby be guahn�ilced or. insure�i under 'I'itte 39, Uuited Stules Code, n L
<br /> sucli '1'iUc nnd Regulntlnus {asucd ihereunder nnd itt eliect on the dnte liereof sGnil �,*oeermthe rlghte, dutles . • i, � �`v t .
<br /> �� , nnd. liabiliticsbf. khe �iarties hereto; nud atiy pruvisioua nC this oi' oiheC.insLrumeitis esecutn�l in counect{oii ` � ?4 ;,� r
<br /> , ; ���itli. attid . in�iebteclt�eae'. �v�uclt iire ittcunaistent �vitii ant� 'I'I�le ur I2egtilu�[ous nre ltei�eb�� tuncude�l to � �} '" ��
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<br />_ ; , � eotiform tliereto. : ; � ', '= - , � r� - =�i . -��
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