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<br /> 6. If he fails to pay any sum or keep any covenant provided for in thia mortgage, the blortgagee, at
<br /> its option, may pay or perform the same, and all expenditures so made shall be added to the principal sum
<br /> ox�ing on the above note, shall be secured hereby, and shall bear interest until paid at the rate provided
<br /> for in the principtsl indebtedness.
<br /> � 7. Upon request of the Mortgadee, Mortgagor shall execute and deliver a aupplemental note or notes
<br /> rfor the sum or sums adti�anced by Mortgagee for the alteration, modernization, or improvement made at
<br /> the' Mortgagor's request ; or for maintenance of said premises, or for taxes oi• assessments against the
<br /> same, and for any other purpose elsewhere suthorized hereunder. Said note or notes shall be aecured
<br /> hereby on a parity �vith and as fully as if the advance evidenced therehy �vere included in the notz firat
<br /> described above. Said supplemental note or notes shall i�ear interest at the rate provided for in the prin-
<br /> ' ' cipal indebtedness and shall be payable in approximately equal monthly payments for such period as may
<br /> be agreed upon by the Bfortgagee and ➢iortgagor. Failing to agree on the maturity, the whole of the sum
<br /> or sums so advanced shall be due and payable thirty (30) days after demand by the Dfortgagee. In no
<br /> � event ahall the maturity extend beyond the ultimate maturity of the note first described above.
<br /> 8. He hereby assigns, transfers and sets over to the Diortgagee, to be ap�lied toward the payment of
<br /> the note and all suma secured hereby in case of a default in the performance of any of the terms and condi-
<br /> � tions of thie mortgage or the said note, all the rents, revenues and income to be deri��ed from the mort-
<br /> gaged premises during such time as the mortgage indebtedness shall remain unpaid ; and the `iortgagee
<br /> shall have po�ver to appoint any agent or agents it may desire for the purpose of renting the same and col-
<br /> lecting the rents, revenues and income, and it may pay out of said incomes ali necessary commissions and
<br /> expenses incurred in renting and managing the same and of collecting rentals therefrom ; the balance
<br /> remaining, if any, to be applied toward the discharge of said mortgage inde6tedness.
<br /> ' 9. He �sill continuously maintain hazard insurance, of such type or types and amounts as TTortgagee
<br /> � may from time to time i•e�uire, on the improvements now or hereafter on said premises and except «�hen
<br /> payment for all such premiums has theretofore been made under (a ) of paragraph 2 hereof, «�ill pay
<br /> � promptly when due any premiums therefor. Upon default thereof, �Iortgagee map pay the same. All ,
<br /> insurance shall be carried in companies approved by the ➢iortgagee and the policies and reneisals thereof
<br /> ` shnll be held by the ➢iortgagee and have attached thereto loss payable clauses in fa��or of and in form
<br /> acceptable to the .lfortgagee. In event of ]oss Mortgagor titi�iil give immediate notice Uy mail to the Mort-
<br /> gagee, �vho may make proof of loss if not made promptlp by �iortgagor, and each insurance company con-
<br /> i , cerned is hereby authorized and directed to make payment for such loss directly to the :�fortgagee instead
<br /> of to the Jfortgagor and the ;�lortgagee jointly, and the insurance proceeds, or any part thereof,
<br /> � may be aphlied by the Mortgagee at its option either to the reduction of the indebtedness hereby secured
<br /> or to the restoration or repair of the property damaged. In event of foredosure of this mortgage, or other
<br /> transfer of title to the mortgaged property in extinguishment of the indebtedness secured hereby, all
<br /> � right, title . and interest of the Diortgagor in and to any insurance policies then in force shall pass to the
<br /> purchaser or grantee.
<br /> � 10. As additional and collateral security for the payment of the note descriUed, and all sums to become
<br /> +: due under this mortgage, the 3fortgagor hereby assigns to the lfortgagee all lease bonuses, profits, reve-
<br /> ` nues, royalties, rights, and other benefits accruing to the biortgagor under any and all oil aud gas leases .
<br /> no�r, or during ttte life of this mortgage, executed on said premises, «•ith the right to recei��e and receipt
<br /> for the same and appl�� them to said indebtedness as �vell before as after default in the conditions of this �
<br /> mottgage, and the Dfortgagee may demand, sue for and recover an�• such payments �chen due and pay-
<br /> able, but shall not be required so to do. This assignment is to terminate and become null and void upon
<br /> release of this mortgage.
<br /> { ; 11. He shall not commit or permit ���aste ; and shall maintain the propert3� in as good condition us at
<br /> f' present, reasonable o•ear and tear excepted. Upon any failure to so maintain, �fortgagee, at its option,
<br /> map cause reasonable maintenance «�ork to be performed at the cost of :�fortgagor. :1n�� amounts paid
<br /> therefor by Diortgagee shall bear interest at the rate proi�ided for in the principal indebtedness, shall
<br /> thereupon become a part of the indebtedness secured by this instrument, ratabi�� and on a parity n•ith all
<br /> otlier indebtedness secured hereby, and shall be payabie thirty ( 30) days after demand.
<br /> 12. If ihe premises, or any pai�t thereof, be condemned under the po�ser of eminent domain, or
<br /> acquired for a public use, the damages awarded, the proceeds for the talting of, or the consideration for
<br /> such acquisition, to the extent of the full amount of the remaining unpaid indebtedness secured by this
<br /> mortgage, or hereby assigned to the Mortgagee, and shall be paid forth�rith to said Mortgagee, to be
<br /> applied on account of the last maturing installments of such indebtedness.
<br /> 13. If the Mortgagor fails to make any payments when due, or to conform to and comply k�ith any
<br /> of the conditions or agreements contained in this mortgage, or the notes �ti•hich it secures, then the
<br /> entire principal sum and accrued interest shal! at once become due and paynble, at the election of the
<br /> llortgagee ; and this moitgage may thereupon be foreclosed immediately for the �shole of the indebted-
<br /> ness hereby secured, including the cost of extending the abstract of title from the date of this mort-
<br /> gage to the time of commencing such suit, a reasonable attorney's fee, and an�• sums paid by the Veterans
<br /> � Administration on account oF the guaranty or insurance of tlie indebtedness secured hereby, all of ��•hich
<br /> shall be included in the decree of foreclosure.
<br /> 14. If the indebtedness secured hereby be guaranteed or insured under Tit]e 38, Uiiited States Code, '�� � ^.' �
<br /> such Title and Regulations issued thereunder and in effect on the date hereof shall go��ern the rights, duties r �
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<br /> � and liabilities of the parties hereto, and any provisir�ns of this or other instrumettts executed in connecfion �
<br /> L with said indebtednesa which are inconsistent �eith said Title or P,egulations are hereby amended to �
<br /> conform thereto. n ,
<br /> The covenants herein contained ehall bind, and the benefits and advuntages shall inure to, the �
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