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<br /> 6. If he flils to pay any sum or lceep any covenant provided for in this mortgage, the Mox•tgagee, at
<br /> its option, may pay or perform the same, and ail expenditures so made shall be added to the principal sum
<br /> o�i�irig on the above note, shali be secured hereby, and shall bear interest until paid at the rate provided
<br /> for in the principal indebtedness.
<br /> 7. Upon request of tlie Mortgagee, Mortgagor shall execute and deliver a suppiemental note or notes
<br /> � for the sum or sums advanced by Mortgagee for the alteration, modernization, or improvement made at
<br /> 4 the Mortgagor's request ; or for maintenance of saiTl premises, or for taxes or assessments against the
<br /> same, and for any othcr purpose elsewhere authorized hereunder. Said note or notes shall be secured
<br /> hereby on a parity ,witli and as fully as if the advance evidenced thereby were included in the note first
<br /> described above. Said supplemental note or notes shall bear 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 agreecl upmi by the Murtgagee and Mortgagor. Failing to agree an the maturity, the whole of the sum
<br /> or sums so advanced shall be due and payable thirty (30) days after demand by the Mortgagee. In no
<br /> event shall the maturitY extend beyond the ultimate rnaturity oF the note first described aUove.
<br /> ' 8. He hereby assigns, transf.ers and sets over to the Mortgagee, to be applied toward the payment of
<br /> the note and all sums secured hereby in case of a default in the performance of any of the terms and condi-
<br /> tions of this mortgage or the said note, all the rents, revenues and income to be derived from the mort-
<br /> gaged premises during such time as the mortgage indebtedness shatl remain iinpaict ; and the Mortgagee
<br /> shail have power to appoint any agent or agents it may desix•e for the purpose of i•enting the saine and col-
<br /> lecting the rents, x•eve�iues and income, and it may pay out of said incomes all necessary commissions and
<br /> expenses incurred in renting and managing the same and of coliectinb rentals therefrom ; the balance
<br /> remaining, if an,y, to be applied toward the discharge of said mortgage indebtedness.
<br /> 9. He will continuously maintain hazard insurance, of such type or types and amounts as Mortgagee
<br /> may Srom time to time i•equire, on the improvements now or hereafter on said preinises and except �vhen
<br /> payment for all such premiums has theretofore been made under (a ) of paragraph 2 hereof, �+•ill pay
<br /> promptly �vhen due any premiums therefor. iJpon default thereof, Mortgagee ma.y pay the same. All
<br /> a insurance shall be cat•ried in companies approved by the 1�Iortgagee and the policies and rene�a�als thereof
<br /> sh �ll be held by the T'tortgagee and have attached thereto loss payable clauses in Pavor of and in form
<br /> i acceptable to the DZortgagee. In event of loss Moi•tgagor wiil give immecliate notice uy inail to the Mort-
<br /> � gagee, suho tnay mal:e proof of loss if not made p:•omptly by Mortgagor, and each iusui•ance company con-
<br /> cerned is :hereby authorized and directed to make payment for such loss directly to the Mortgagee instead
<br /> of to the Mortgagor and the 1�lortgagee jointly, and the insurance proceeds, or any part thereof,
<br /> may be applied by the Mortgagee at its option either to the reduction of the incleUtedness hereby secui•ed
<br /> ' ot• to the restoration or repair of the property damaged. In event of foreclosure of this mortgage, or other
<br /> transfer of title to the mort��aged property in extinguishment of the iudebtedness secured hereby, all
<br /> right, title and interest of the Mortgagor 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 th� payment of the note described, and all sums to become
<br /> due under this mortgage, tlie blortgagor hereby assigns to the n4ortgagee. ail lease bonuses, ps•afits, i•eve-
<br /> nues, royalties, rights, and ot}ier benefits accruing to the Mortgagor under any and all oil and gas leases
<br /> ' now, or dux�ing tne life of this mortgage, executed on said premises, with the right to receive aud receipt
<br /> for tl�e same and apply them to said iudebtedness as ��s•ell before as after default in the conditions of this
<br /> mortgage, nnd the Moi•t�<�.gee may demand, sue for and recover any sucli payments when due and pay-
<br /> � able, but shall not be required so to do. This assigument is to terminate a�ld beco�ne nuli and void upon
<br /> release of Llris mox•tgage.
<br /> 7: 1 . He shall not commit or permit waste ; and shall maintain the property in as good conclition as at
<br /> present, x•easonable �ti-ear and tear excepted. Upon any failuxe to so �naintain, Mortgagee, at its option,
<br /> r may cause reasonabie maintenance wox•k to be perfoi•ined at the cost of Moi•tgagor. Any amounts paid
<br /> therefox• by Moi•tgagee si�all bear interest at the rate pi•ovided fox• in the pi•incipa] indebtedness, shall
<br /> thei•eupon become a part of the indebtedness secux•ed by this instrument, ratabiy and on a parity �vith all
<br /> 6 atiier indebteune,s secvred hereby, nnd shall be payabie Lhiriy ( 30} days ufter demand.
<br /> � 12. lf the premises, or any part thereof, be condemned under tlie po���ex• of emiuent don7ain, or
<br /> acquired fox• a puulic use, the aamages awarded, the proceeds for the talcing of, or the consideration for
<br /> such acquisition, to the eatent of the fui] amount of the remaining wipaid indebtedness secured by this
<br /> mortgage, or hereby assigned to the Mortgagee, and shall be paid forth �vith to said �Yort�agee, to be
<br /> applied on account of tlte last matui•ing installments of such indebtedness.
<br /> �; 13 _ If the bloi•tg�agor fails to mzilce any pa5rinents when due, or to conform to and eompiy �vitti a�iy
<br /> of the conditions or agreements contained in this mortgage, or the notes ��•hich it secures, then the
<br /> entire principal sum and nccrued interest shall at once become due and prxy-abie, at the election o� the
<br /> 17ortgagee ; and this mox•tgage may thei•eupon be foi•eclosed immediately for the �ti•hole of' the indebted-
<br /> ness hex•eby sccured , including the cost of estending the absti•act of title from the date of this moi•t-
<br /> gage to the time of co�nmencinb such suit, a reasonable atton�ey's fee, and any sums paid bs' the Veterans
<br /> Administration on account of the guaranty or insux•ance of the indebteciness secured hereby, all of which
<br /> shail be inclu<�ed in the decree of foreclosure. '
<br /> 14. IP the indebteduess seeured hereby be guarauteed or insured under Title 3b, United States Gode, ""'";�� � � .,"*;
<br /> such Title and Itegulations issued thereunder and in eR'ect on the clate hcrcof sha12 govci•n the rights, e3uties e+q ` . . ' "
<br /> and liabilities of the parties hereto, and any �rovisions of this or <�ther instrume�tts executed in connection y " r
<br /> � � ���ith said indebtedness which are inconsistent with said Title or Ftegulations are hereby amended to
<br /> confoi:m thereto. ^� Y
<br /> - The covenants herein containecl shall bind, and the benefits and advantages shall inure to, the
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