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<br /> 6. If he fails to pay any sum or keep any covenant provided for in this mortgage, the Mortgagee, at
<br /> its option, may pay or perfoi•m the same, and ail expenditures so made shall be added to the principal surn
<br /> owing on the above note, shall be secured hereby, and shall bear interest until paid at the rate provided
<br /> fox• in the principal indeUtedness.
<br /> 7. Upon request of the Mar•tgagee, Mortgagor shail execute and deliver a supplemental note or notes
<br /> r for the snm or sums ' advanced by Mortgagee for the alteration, modernization, or improvement made at
<br /> ; the Mor:.�agur'� te.7ues� ; qr for maintenance of said premises, or for taxes or assessments against the ``
<br /> same, ' and for any other purpose elsewhere authorized hereunder. Said note or notes shall be secured
<br /> hereby on a parity }vith and as fully 'as if the advance evidenced thereby �i•ere in4:uded in the note first
<br /> � described above. Snid supplemental note or notes shall bear interest at the rate provided for in the prin- `
<br /> � cipal <indebtedness and shali be 'Payable in approximately equal monthly payments for such period as may
<br /> be agreed upon by the Mortgagee and Mortgagor. ' Failing to agree on the matux•ity, the whole of the suni
<br /> or sums so aclvanced shall be due and payable thirty (30) days after demand by the Mortgagee. In no
<br /> � event shall the maturity extend beyond the ultimate maturity of the note first described aUove. '
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<br /> 8. I3e here�ay assigns, transfers and sets over to the Mortgagee, to be applied toward the payment of
<br /> ' the note and a11 Sums secured hereUy 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 incorne to be derived from the mort-
<br /> gaged premises during such time as the mortgage indebtedness shal! rernain ungaid ; and tlieMortgagee
<br /> shall have po}ver to appoint any agent or agents it may desire for the purpose of renting the same and co]-
<br /> �; lecting the rents, x•evenues and income, aud it may pay out of said ineomes all necessary coinmissions an�i
<br /> expenses incurred in re�itinb and managing the same and of collecting rentais therefrom ; tlie balance
<br /> remaining, if any, to be applied toward the discharge of said rnortgage indebtedness. �
<br /> v.'.
<br /> 9. He will continuously maintain hazard insurance, of such type or types and amounts as Mortgagee
<br /> mat� from time to time renuire, on the irnprovements now or hereafter on said premises and except when
<br /> Pa,vment for alk such pi•emiums has theretofore been made under ( a) of parabraph 2 hereof, �ti•ill pay "
<br /> promptly �vhen due any premiums theretor. Upon default thereof, Mortgagee may pay the same. All `
<br /> insurance shall be carried in companies approved by the Mortgagee and the policies and renewals thereof
<br /> shall be held by the Mortgagee and have attached thereto loss payable clauses in favoi• of and in form
<br /> acceptable to the Mortgagee. In event of loss Mortgagor wiil give immecliate notice by mail to the Mort- ;
<br /> gagee, who may mal<e proof of loss if not made promptly by Mortgagor, and each insarance company con-
<br /> cerned is }iereby autliorizecl and directed to make payment for such ]oss directly to the bSoi•tgagee insteacl
<br /> of to the Mortgagor and the biortgagee jointty, and the insurance proceeds, or any �art thereof,
<br /> may be apl�lied by the Moz•tgagee at its option either to the reduction of the indeUtedness hereby secured
<br /> or to the resCox•ation or i•epair of tl�e property da�naged. In event of foreclosui•e of tiiis mortgage, or other
<br /> transfer of title to tlie moi•tgaged property in extinguishment of ihe indebtedness secured hereby, all �
<br /> � ri�ht, tiCle and intei•est of the 112ortgagor in and to any insurance policies tlten in force shall pass to the
<br /> pui•chaser or grantee.
<br /> 10. As additionai and collateral secui•ity Por the payment of the note desci•ibed , and all surns to beco�ne
<br /> due under this mortgage, the Mortgagor hereby assigns to the T4ortgagee all lease bonuses, profits, reve-
<br /> nues, royalties, z•igt�ts, and other benefits accruing to the Mortgagor under any and ail oil and gas leases
<br /> no��, or during tne lii'e of this mortgage, executed on said premises, �vith tlie right to i•eceive and receipt
<br /> for the same and apply thein to said indebtedness as �vell before as after default in the conditions of this
<br /> moi�tgage, and the Niortgagee may demand, sue for and recover any such payments when due and pay-
<br /> � ablc, Uut shall not be required so to do. This assignment is to terminate and become nuil and void upon
<br /> release of this mortgage.
<br /> 11 . He shall hot commit ar permit waste ; and shall maintain the property in as good condition as at
<br /> present, reasonable ���eai• and tear excepted. Upon any failure to so maintaizz, Mortgagee, at its option,
<br /> may cause reasonable maintenance w�ork to be performed at tlie cost of Mortgagoi•. Any arnounts paid
<br /> therefor by Mortgagee sliall bear interest at the rate provided for in the pi•iiicipa] indebtedness, shall
<br /> t}iereupon become a part oS the indebtedness secured by this instrument, ratabl�- and on a pax�ity �a�ith all
<br /> other indebtedness secured liereby, and shail be payable thirty ( 30 ) days after demand.
<br /> 12. If the premises, or any part thereof, be condemned under the po�ver of eminent dmnain, or
<br /> acquired for a public use, the damages awarded, the proceeds for the talciug of, or the consideration for
<br /> such acquisition, to the extent of the full amount of the remaining unpaid indebtediiess secured by this
<br /> mortgage, or hereby assigned to the Mortgagee, and sliali be paid fortlt�vith to said Mortgagee, to be
<br /> applied on account of the last maturing installments of such indebtedness.
<br /> 13. If the R3oF�tg•agor fails to make any payments when due, oi• to conform to and comply with any
<br /> af the conditions o2• agr•eements contained in this mortgage, or the notes �aliich it secures, then the
<br /> entire principal sum and accrued interest shall at once becorne due and payable, at the election of the
<br /> Mortgagee ; and thia mortgage may thereupon be foreclosed immediately for the whole of the indebted- -
<br /> ness hex•eby secured, includi�ig the cost of este�iding the abstract of Eitle from the date of this mort-
<br /> gage to tt�ce time of commencing such suit, a reasonable attorney's fee, and an,y sums paid bY the �'eterans
<br /> Administration on account of the guaranty or insurance of the indeUtedness secui•ed hereby, all of which �
<br /> shall be included in the deeree of foreclosure. "
<br /> 1�1. If tt�e indei�tedness secureci hereby be guaranteed or insured under Title 38, United States Coc3e, � �`�
<br /> such Title anci Regulations issued theretmder and in e(9'ect on the date hereof shall bo��ern the rigUts, duties � ' �"
<br /> and liabilities'of the parties hereto, and any provisions of tltis or other instruments executed in connection � � 's�''
<br /> , �,,,� - with said indebtedness which are ineortsistent with said Title or Regulations are hereby amended to ` ;< ^�� Y
<br /> confoxm thereto. x ;'��*.•,
<br /> The covenants kei�ein contained shall bind, . and ` the benefits and advantages shall i�iure to, the
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