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<br /> 6. If he fails to pa�� any sum or keep any covenant provided for in this mortgage, the Mortgagee, at
<br /> its option, may pay oe• perfoi•m the same, and all expenditures so made shall be aclded to the principal sum
<br /> o�cing on the above uote, ehall be secured hereby, and ahall bear interest until paid at the rate provided
<br /> for in the principal indebtedness.
<br /> � 7. Upon request of the Mortgagee, Mortgagor ahall execute and deliver a supplemental note or notes
<br /> for the sum or sums advanced by Mortgagee for the alteration, modernization, ur impt•ovement msde at
<br /> the Mortgagor's request ; or for maintenance of said premises, or for taxes � �r assessments against the
<br /> same, and for any other purpoae �lsewhere authorized hereunder. Said nute or nutes shall be aecured
<br /> hereby on a parity «�ith and as fully as if the advance evidenced thereby «�ere included in the note first
<br /> described above. Said supplemental note or notes ahall bear interest at the rate provided for in the prin-
<br /> � cipal indebtedness and shall be payable in approximately eyual monthly pnyments for such period as may
<br /> � be agreed upon by the 1lortgagee and Mortgagor. Failing to agree on the maturit��, the H hole of the sum
<br /> � or sums so ad��anced shall be due and payable thirty ( 30 ) days after demand Uy the biortgagee. In no
<br /> � , event yhall the matui•ity extend beyond the ultimate maturity of the iiote first desci•ibed above.
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<br /> �,; S. He hereby assigns, transfers and sets over to the Mortgagee, to be applied to�ti ai•d the payment of
<br /> � th<� note and all sums secured hereby in case of a default in the performance ui' nny uf the terms and cundi-
<br /> ^ tions of this mortgage or the said note, all the rents, revenues and income tu �e �leri � ed from the mort-
<br /> � gaged ��remises during such time as the mortgage indebtednc:ss shall remai �i unpaid ; and the Mortgagee
<br /> shall ha��e pok•er to appuint auy agent or agents it may desire for the purpose uf renting the same and col-
<br /> ]ecting the renta , re�•erwes and income, and it may pay out of said incomes all neccssary commissions atid
<br /> expenses incui•red in rentiiig and managing the same and of collecting reiitals therefrom ; the bxlance
<br /> remaining, if any, to k,e applied to�ti•ard the discharge of said mortgage indebtedness.
<br /> 9. He will rontinuuusly maintain hazard insurance, of such type m• types and amounts as Mortgagee
<br /> may from time to time re<? uii•e, on the improvements now or hereafter on said premises and except when
<br /> payment foi• ali such prcmiums has theretofore been made under (a ) of paragraph '2 hereof, �cill pay
<br /> prumptly n�hen due am� �ir��miums therefor. Upon default thereoP, Mortgag�c may pay the same. All
<br /> iusurance shall be earriod in companies approved by the Dlortgagee anc9 thi� pulicios an�l rene�+�als thereof
<br /> sF�all be h ��ld by the :ltuetgagee and have attached thereto loss payable clauses in fa�•or of and in form
<br /> xcceptable to the �lurtgag��e. In event of loss bfurtgagor ��• ill give immediate nutice t�p mail to the Mort-
<br /> gagee, u•ho may make proof uf loss if not made promptly by Mortgagor, and oach insurance companp ron•
<br /> c��rued is hereby authucize�l and dii•ected to make payment for such loss direuUy to tlie 3lortgagee instead
<br /> of to the :�iorYgagur and tFie Mortgagee jointly, aznd the insurance �.,ruceedc, or any part thereof,
<br /> mx>- be ap��lii��l by th«� Mui•tgagee at its option either to the reduction of thr iudel�ted � ic3s hereby secui•ecl
<br /> or to the re•storatiou or rcpair of the property damaged. In e��ent of foreclosure ot' this murtgage, or other
<br /> transfer ut' titl�� to the ��iortgaged property in ext.inguishment uP the indebtt�dno.ti secured hereby , all
<br /> right, title and interest uf the Dfortgagor i�t and to :� ny insui•ance policic�� thon in force shall pass to the
<br /> purchaser or grantee.
<br /> 10. As additiw�ail and c� �llateral security for the paymeut of the nute � lescri �� •d , .in� i all sums tu becume
<br /> due undei• this moi•tgage, th�� Mortgagoi• hereby assigns to the Mortgag<�e all Ic�ase bonus�s, profits, rev��-
<br /> nues, royalties, rights, and other bc: nefits accruing to the Murtgagor und��r any ancl all uil and gas leases
<br /> no�+•, or during tne life � �f' this rnortgage. executed on said premises, ecith the �•ibht to Pecei��e and receipt
<br /> foc the same and appl> th�m tu said indebtedness as �sell befure as af'ter ctefault in the cunditious of this
<br /> murtgage, and the ➢Sortgagt�e may demand , sue for and recocer any such payments w•hen due and pay-
<br /> abh •, but shall not be reyuired so to do. This assignment is to terminate and become null and coid upon
<br /> s•elease of this mortgage.
<br /> 11 . He shall not commit ur permit �vaste ; and shall maintain the proper�t}• in as guod cundition aa at
<br /> present, reasaiable �� ear and tear excepted. Upon any failure to so maintain, Moctgagee, at its option,
<br /> mai� cauae reasunaLle maint�•�iatice �tirork to be performed at the cost of Murtgagoi•. .�ny amounts paid
<br /> therefur b� Murtgagee sh:�ll �ear interest at the rate procided fur in the }�riucipal irtdrbtedness, shalt
<br /> the� reupon become a part of the indebtednesa secured by this itisti•ument, ratabh� and i�ii a purit�� �+� ith all
<br /> other indebtedness secured hereby, and shall be payable thirty ( 30 ) days after d��mand.
<br /> 12. If the premises, or an,y part thereof, be condemned under tihe po���or uf eminent domain, or
<br /> acquired for a public use, the damages awarded, the proceeds for the taking uf, or the con, i<i�v�ation for
<br /> such acquisition, to the e�tent of the full amount af the remaining unpaid indef�tr� ine,s �erw•ed by Lhis
<br /> mortgage, or hereb,y assigned to the Mortgagee, and shall be paid forth�� ith tu s;iid Mortg�gee, to be
<br /> applied on account of the last matui•ing installments uf such indebtediiess.
<br /> l3. If the bfortgagur fails to make any pa��ments when due, or to con }'nrm to uud comply- H� ith any
<br /> of the conditions or agreements contained in this mortgage, or the notos �� hich it secures, theu the
<br /> entire principa! sum and acctved interest shall at unce become due and pa�-<zbl� � , at the ekctiou of the
<br /> MurtRagee : and this mortRaAr� may ther�up„n he f�, r�clocea imm� diat�:l� f,_n U �c �� h�,;�• ui tiie iudebted-
<br /> neas herel�iy secured, including the cost of exten� ing the abstract of title frum the dete uf thi� mort-
<br /> gage to the time uf commencing such auit, a reasonable attorney 's fee, and an� �ums paid b� the \'eterans
<br /> Administration on account uf the guarant�• or insurance of the in.leUt��dness secure�d hc�r��by-, all of whieh
<br /> ahall be included in the decree of foreclosure. ,,,,,�J , ,
<br /> 14. If the indebtedness secured hereby be guaranteed or insured under TiUe 3R, I ?nited States Code,
<br /> such Title and Regnlationa issued thereunder and in effect on the date hereof shall go��ern the rights, duties
<br /> fand iiabilitiee of the partiee hereto, and any provisions of this or other instruments Pxecuted in connection
<br /> with ssid indebtedneaa which are inconaistent with said Title or Fegulatinns are hereby amende�9 to
<br /> conform thereto.
<br /> The mvenants herein contained shall bind, gnd thP twn�fitR and ad�•antabcs shall inuro t.., tL��
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