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<br /> as amenaea , ana cne rui. es aeiu , � �r; , ,, � � �,� � e . � , � �`: �, , . , ,, �, � , . � . . _ . � . , ,. _ _ _ _ �
<br /> the dare the entire proceeds of ttie loan secuxed by tt . is ❑�ort �;age are disbursed ,
<br /> iuortga �ee may at its option declare all sums secured hereby inunediately due and
<br /> payable .
<br /> 6. I! he Paila to pay any aum or keep any covenant provided for in thia mortgage, the Mortgagee, st
<br /> ite option, may pay or perfoi•m the same, and all expenditures ao made shall be added to the principal sum
<br /> owing on the above note, shall be secured hereby, and shall bear interest until paid at the rate provided
<br /> � for in the principal indebtedness.
<br /> �+�' T. Upon requeat of the Mortgagee, Mortgagor shall execute and deliver a supplemental note or notea
<br /> `Y` tor the sum or auma advanced by Mort�agee for the alteration, modernization, o:• improvement made at
<br /> �1 the Ddort�a�or's requeat ; or for maintenance of said premiaea, or for taxes or assessments against the
<br /> ; aame, and for an other
<br /> ` y purpoae elaewhere authorized hereunder. Said note or notes ahall be secured
<br /> �- hereby on a parity H-ith and as fully as if the advance evidenced thereby H�ere included in the note firat
<br /> � deacribed above. Said aupplemental note or notes ahali bear intereat at the rate pT•ovided for in the prin-
<br /> ^ cipal indebtednesa and shall be payable in approximately equal monthly payments for such period as may
<br /> be agreed upon by the :4lortgagee and Mortgagor. Failing to agree on the maturity, the whole of the aum
<br /> or suma ao advanced ahall be due and payable thirty ( 30 ) days after demxnd by the :�iortgagee. In no
<br /> event shall the matui•ity extend beyond the ultimate maturity of the note first described above.
<br /> 8. He hereby assigns, transfera and sets over to the Mortgagee, to be applied toH•ard Yhe payment of
<br /> the note and a11 aums secui•ed hereby in case of a default in the performance of any of the tex•m� and condi-
<br /> tions of thia mortgage or the aaid note, all the rents, revenues and income to be dei•i � ed from the mort-
<br /> gaged premiaes dui•ing such time as the mortgage indebtedness ahall remaiii unpaid ; and the Moc•tgagee
<br /> ahall have power to appoint any agent or agents it may desire for the purpose uf renting the same and col-
<br /> lectin� the renta, revenues and income, and it may pay out of said incomes all necessary commissions and
<br /> expettaes incurred in re�iting and managing the same and of cullecting i•eiitals therefi•om ; the balance
<br /> remaining, if any, to be applied toµ�ard the discharge of said mortgage indebtedness.
<br /> 9. He will continuously maintain hazard insurance, of such type or t�pes and amounts as Mortga�ee
<br /> may fe•om time to time renuire, on the improvementa now or hereafter on said premiaes and except �vhen
<br /> pa��ment for all such premiums has theretofore been made under ( a ) of paragraph 2 hereof, �rill pay
<br /> promptly when due any premiums therefor. L'pon default thereof, Mortgager: may pay the same. All
<br /> insurance shall be carried in compsniea approved by the Mortgagee and the policies and rene�ti•als thereof
<br /> shall be held by the Mort�agee and have attached thereto loas payable clauses in fa�•or of and in form
<br /> acceptable to the Mortgagee. In event of loss Mortgagor �•ill give immediate notire by mail to the Murt-
<br /> ga�ee, who may make proof of loss if not made prom�tly b,y Mortgagor, and each iusurance ccrnpany� con-
<br /> cerned is hereby suChorized and directed to make psyment for such loss dirNcU�• to the :�tortgagee instead
<br /> of to the �Iortyayor and the bioi•t�agee jointly, and the insurance proc,eeds, or any part thereof,
<br /> may be sprlied by the Mortgagee at its option either to the reduction of the inclebtedness hereby serured
<br /> oi• to the restoration or i•epaii• of the property dama�ed. In event of fot•eclosui•e uf th is moi•tgage, or other
<br /> tranafer of title to the mortgaged property in extinguishment of the indebtedness secured hereby , all
<br /> right, title and interest of the MortgaYor in snd to any insurance policies the�n in force shall pass to the
<br /> pui•cttaeer or grantee.
<br /> 10. Aa additional and collateral security for the pa��ment of the note desrrii�ed , and a11 sums to become
<br /> due under this mortgage, the Mortgagor hereby assigna to the .lfortgagee all lease bonuses, pro}9ts, reve-
<br /> nuea, royaltiea, ri�hts, and other benefita accruing to the Mortgagor under an�• and all oil and gas leases
<br /> noK•, or during tne life of this mortgage, executed on said premises, ��ith the right to recei�•e and receipt
<br /> for the asme and appl�• them to said indebtedness as H•ell before as after �lefault in the conditions of thie
<br /> mort�a�e, and the Diortgagee may demand, eue for aud recu��er any surh pa��ments ���hen due and pay-
<br /> able, but ahall not be required so to do. This assignment is to terminate and become nWi and void upon
<br /> release of this mortya�e.
<br /> 11 . He shall not commit or permit K•aste ; and shall maintain the pru�rty in a� good condition as at
<br /> preaent, reasonable �cear and tear excepted. Upon any failure to so maintaiu , Mortgxgee, at its option,
<br /> may cause reasonal�le maintenance work to be performed at the coat of Mortgagor. Any amounts psid
<br /> therefor by Mortyab*ee aha11 bear interest at the rate pro��ided for in the principel indebtednasa, shsll
<br /> thereupon become a part of the indebtednesa secured by this instrument, ratabh� and un a parit�• �rith all
<br /> other indebtedness secured liereby, and ahall be psyable thirty ( 30 ) da��s xfter demand.
<br /> 12. If the premises, or any part thereof, be condemned under the po�� er of eminent domain, or
<br /> acquired for a public use, t}ie damages awarded, the prceeeda fur the taking of, or the consideration for
<br /> euch acquiaition, to the extent of the full amount of the remaining unpaid indPbtednecs secured by this
<br /> mort�aQe, or hereby assigned to the Mortgagee, and shatl be paid forthwith to said Mortgagee, to be
<br /> applied on account of the last maturing installmenta of such indebtedness.
<br /> 13. If the Mortgagor fails to make anY psyments when due, or to confurm to and compl�• N� ith any
<br /> oP the conditions ur agreementa contained in this mortgsge, or the notes �, hich it securFe, then the
<br /> entire prinripal sum and accrued inter�st �]�a1S dt uuce i>ecume due and pa� abl.�, at the election of the
<br /> MortgaQee ; and this mort�a�e may thereupon be furecloaed imrnediately for the �t•hole of the indebted-
<br /> neu hereby secured, inciudinQ the coat of extending t6e abstract of title from the date of this mort-
<br /> �a�e to the time of commencin� auch suii, s reasonable attorney'e fee, and xny sums paid bp the �'eterans
<br /> Adminiatrstion on account of the �uaranty or ineurance of the indebtedness securcd hecrby , all of which
<br /> ahaU be included in the decree of foreclooure.
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<br /> 14. If the indebtedness eecured hereby be guaranteed or insur•ed under Title 38, L'nited Statea Code, J
<br /> such Title and Itesulationa iasued thereunder and in ePiect on the date hereof shall go�•ern the rights, duties ,� `
<br /> and liabitities of the parties hereto, and any provisions of this or other instruments executed in connection A
<br /> �vith 'eaid iadebtedaeq which are inconsistent with xaid TitlP �r Regu !atior.s are t-.eret,y du�rn�ieu w
<br /> u>nfontf tkereW.
<br /> The oovenants herein contsined shall bind, and the benefits and advanta�es shail inure to, the
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