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<br /> 77. (l � ;� r�, 24
<br /> 8. df he f�ils w ��a,v any sum or keep any co�enanC pi•ovidec ior in this mortgagt:, the Martgagee, at
<br /> its o�tion, may puy aa• pe�•fotm tfie same, and a1Y expenditures s� mnde shall be added to Che principal sum
<br /> o�v�rag on the abave note, shalt be secured heraby, and shaii bear interest until paid at the rate pravided
<br /> far isi the principal indeutedness,
<br /> 9. Upon request erf the 1Vfort�aeee, Mortgagor shall esecute and deliver a supplementa� note or notes
<br /> � for the aum or sums aclvanced by biortga$ee for the alteration, rnodern:zation, or imptrovement mfide at
<br /> ,; the :�:VIortgagar's sequ�st ; or for maintenance of said premises, or fo�� taxes or as�es�ments against t.he
<br /> "` j sarn�, and far any oth,er pnrpase elsewhere autkiarized hereundar. Said nute ue• not�^s shall be seeured
<br /> here3�y vn a pai•ity ���itki anci as fuliy ,�ts if the aclvanee evirien�ed �thereiay 4�*ere ii�clucleei in the note first
<br /> desca�ilaecl above. S�tid supplemental note cai• notes shall bear interest at the rate pi•ov 'se3ed for in the prin-
<br /> � cipa�-iudebtedness and shall be payabte in appraximately equal monthly payments for s�ick period as may
<br /> Ue agreed upon by the lIortga�ee and 14Sor�gag�r. Fai?ing to agree on the miiturity, tize �vhole vF the sum
<br /> or snms sU acttanceci s3ia:l be due unc payahle thizty ( 30y days after clemancI !�y tVie ;4.Tortgagee. En no
<br /> ;= event shall the maturi�y e:ctend beyond tihe ultimate maturit,y of the sxote fii•st tlesci•ibei! a}�ove.
<br /> ; �i. fie riereoy a5sig;ns, trar_tifex•s wnd sets o4�et• ta the .l4Tortgagee, to be �p�lieci to�; arci th.e payment of `
<br /> ` ' ' the note s�nd 'aIl sums secu:red htreby- in case o€ a defaui± in t}:e �er�ormance a€ �inc of the Cetms and condi-
<br /> tioris-of this mortgage or tha said note, ati ttie rents, revcnues arsd inr.ome to be cleric-P�+ from the inort�-
<br /> � ; ga�t'�d pi�emises durin� such time as the mortgage indzbteclness shall remain unpaid ; and t}ye �llortgagee
<br /> sha}L have �.�ower`to �.ppoint antr agent or agents it may desire for the pui•pose of reiiting the same and col- '
<br /> tectirig the rents, revenues ai�d income, and it may pt�y out of saici incoxnes ali tiecessax•5- commissions and
<br /> � espe�sea incurred iii rei�tin� and managirg the same and of colle�Cin� rentals there.from , t.tie balance
<br /> ; ' remalning, if any, to be a2��lied toward ttze discharge of saici mortgage indebtednesy.
<br /> , < ' 9: He �viil eontint:oush� muintain hazard insui•ance; oi sucn type or t5�pes and ainoiuits as Maz•tgagee ; �
<br /> � ' rnay from time to time i•ecntii•e, on the improrements no�� or herEafter on said premises and except whcn
<br /> %� pay^i�nent foz• all such: aremiums has theretofore been inadc uncier (a ) of pli�agraph ? ltei•eof, �ti ilT pay
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<br /> ' rornp 'tI �vhen dne anc �remiums therefor_ U on default thereof Aiort a ce rnay
<br /> P Y l P , � � ' Pa.y the snme. AIi
<br /> insirrance sliall bc cax•x•ied in companies ap��royed by the il7ortgagee and the policies a�sd rene�i-als thereof
<br /> � shail lie helci b,y the �fox•tgabee and have attaclied thereto loss payable clauses in _favor of and in form , ;
<br /> ' aeceptable to the :tlortgagee. In ecent of ]uss 1Yfortgagox• �vill �ic-e immediatr ziotice by- maii to the Mort- Y
<br /> g�gee; who may make �roof of loss if not made promptly by Mort�agur, and each iiisux-ance company coii-
<br /> ` '� ccrned is liereby autharicect and directed to make payment foi� such loss ctireetly to the �lortgagee instead F ,
<br /> of to the :�iortgagor and tlie illortgagee jointly, :ind the insurance }�rocceds, or any part ttzereof,
<br /> �� ° may be applied by the P+�Tortgagee at its option either to the reduc�ion vf the ir� d�bte�iness hereby secured
<br /> > :' ' or to- the restoration or repaiz' �f the property dama�ed. I�i event of foreclosure uf tiiis mortgxge, oc• vther
<br /> tracasfes• of title to the mortgaged propei•ty in estinguishment of tlie iudebtedness secured hereby, all
<br /> �, =: right, title and iutei�est of the 14ioi•tgngor in and to any insurance poiicies then in farce shnll pass to the
<br /> „� � purcllaser oa: grantee:
<br /> 10. As acidition��l ancl collateral security for the pay�ment of tYie note descril.���i , .uid all suxns to uecome
<br /> r- due under this m�r�gage; the Iliortgagor hereby assigns to the bloa•tgabee a11 leizsE� bonuses, ��e•ofils; i•eve-
<br /> nues;. i�oyalties, i•ights, �Yud bther benefits accruinb to the \Toi•i �a�or und�r any and alt vil anc� gas leases �
<br /> :" ; : no�v, or during tite lii'e of this mortgage, executed on said premises, �vith the riglit to a•eceive aiid receipt
<br /> ` . z fox• tlne same and appi�- them to said indebcedness as ���ell before as aftei• default iri tlte conditions of this
<br /> � ,� : m�rt�a�e, tiiici the lioi-tgagee ma>� c�emanc3, sue for anci recover any suc}i pacrments �4-hen due and pay-
<br /> r� � a}�Ic, k�ut s�za31 notbe requircd so to do: Ttiis nssignment is to terminate and become naill and void tzpon
<br /> �„ ,; release of this morLgage.
<br /> h 21 . He s"..w1 not commit or permit «�aste ; and shall inaintaitz the properts• in as F,''ood condition as at
<br /> ' presenc, reaso 'nab]e «-ear auc3 tear excepted. Upon any failure to so m3intain, 141ort�agee, at i`�.s optian,
<br /> y may cause 'reasont�bie maintenance worlc ta 6e perYormed at ttie cost oS bl�rtgagoi•. � ny amounGs paid
<br /> `, �. „ t)2er�f�rr• i��; �uitgagee s1�a11 Uear interest at ttze i•ate ��rovided for in 'the principx] ix�debteclness, shnll
<br /> �� thereza�:.a hecoine a part of the indeutedness secured by this itistrument, ra 'taUl,y and oii a p<<rity ���ith all
<br /> other intlebtedness sec�: red here�y, aud sha3i be payable thirty ( 3C► ) duys after demanci_
<br /> 32. If the pi•emises, or an_v part thereof, be eondemned under the po��•er of eminent domain, or
<br /> acqu€t•ed , for a p�zhiic use, Che clamages awarded, the proceeds for t.he txlcing of, or the s,onsidcration for
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<br /> such acquisitio�i, to tfxe e�tent of the :full amoutat of the x•emainir�g unpaid indehteclness ���; G_•ed by this
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<br /> . .YilVi'i. A '�@ . . Vi' � ii8i"@�J L'� � t � .. g;:.� il Iv� Fn � .iti: � e . c4 4 r oae n hg
<br /> . '� g � . 3'� . a�utbuc �v �ac, a0a t�ug.:.�.� '1.^. 'L� . r��..lG� 1't� 5 (..) :i2 __ �.O. t� E'C'. t'
<br /> applied on account of t�ie last maturing instaliments of sucix ind�btedness.
<br /> °� I3. If the 1lorigagor fails to make any pay�nents when due, oi• ta co�rfos•rn to and comply� witil any
<br /> of 'th� conditions ot� a�i•eements cvntainec� in this m�rtgage, or the notes a�-hich it sec�ires, then the
<br /> entire przncipal sum atad accrued interest sliail a 't once beeome due anci payablc, at the election of tl�e
<br /> Mort�zagee ; and this snc�rtqage maY thereupon be fbreclosed immediatel,v for the ���hotF= of the inciebted-
<br /> ness �ereby secured, including the cost of extending tlie abstrac:i af title from the date oE this mort-
<br /> gage=�o:�he time of camrnencing such suit, a r�asanable attorney's f.ee, and any sums paid by the Veterans
<br /> Administration mi account of the guarant3� or insurance of the indebtedness secured ht}z��by, ali of �rhich
<br /> sha1I �e inciuded in the clecree of fc�reclosur�, -
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<br /> ' Z9: If the indebtiedness securer3 hereby be guaranteed ar insured uxidet� Title 38, 'C'r. ited States Code, �'� ' � • '
<br /> sueh 'Ti#le and �tegulatians issued thereundPr anxi in effect on the ciate }ien•eof shall govez-n the rights, duties � �+�'-°
<br /> x yG�
<br /> ^ and l�abilities of the �arties hereto, and any prQvisians'of this ar otlier instruments executed in connection � ;
<br /> � �x :
<br /> � , witkt said, in@e�tedness whieh are inconsi�tent with said Title or Itegulations nre hereby amended to „ .
<br /> .: ": conf�rm thsreta. ,: :i �" '
<br /> 'f'he c�ovenants herein cantained aha33 bind, and the benefi�s and ad��antages shall inure to, the
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