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<br /> "'��y 6. If he fails to pay any sum or keep any covenant �rncided for in this mortga�e, the Mortgagee, at
<br /> its option, may pay or perlorm the same, and all expenditures so made shall be added to the principal sum
<br /> ` o���ing on the above note, shall be secured hex•eby, and shall bear interest until paid at the rate provided
<br /> for in the pt•incipal indebtedness.
<br /> � 7. Upon request of the Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes
<br /> fox� the sum or sums advanced by Mortgagee for the alteration, modernization, oi• impr•ovement rnade at
<br /> the Mortgagor's request ; or for maintenance of said premises, or for taxes or assessments against the
<br /> same; and for any other pvrpose elsewhere authorSzed hereunder. Said note or notes shall be secured
<br /> hereby on a parity �ti�ith 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 provicled for in the prin-
<br /> �`�� cipal indebtedness and shall be payable in approximately equai monthly payments for such period as may
<br /> � be agreed upon by the Mort�agee anci Tvlortgagor. Failing to agree on the matux•ity, 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 shali , the maturity extend beyond the ultimate maturity of the note first described above.
<br /> 8: I-Te hereby assigns, transfers and sets over to the Mortgagee, to be applied toward the payrnent 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 /> e � tious of this mortgage or the said note, all the rents, revenues and income to be derived from the mort-
<br /> ` � �aged premises during such time as the mortgage indebtedness shali i•emnin unpaid ; and the Mortgagee
<br /> shall have power to appoint any agent or agents it may desire for the purpose of renting the same and col-
<br /> lecting tlie rents, revenues and ineome, and it may pay out of eaid incomes all necessary commissions and
<br /> � expenses incurred in renting and managing the saine and of collecting rentais thereft•om ; the balance
<br /> ' remaining, if any, to be applied to�vax•d the discharge of said mortgage indebtedness.
<br /> ` 9: He �vi11 continuously- maintain hazard insurance, of such type or types and amounts as Mox-tgagee
<br /> ' } rnay from ti-n� to tixne i•etltiire, on the improvements now or hereafter on said ps•emises anci except when
<br /> 3 payment for all such prcmiums has theretofore been m�de under (a) of paragraptl 2 hereof, w•ill pay
<br /> ; promptly when due any premiums therefor. Upon default thereof, Mortgagee may pay the same. All
<br /> � � insux•ance shall be cai•ried in companies approved by the Mortgagee and the policies an,:l rene�vals thez•eof
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<br /> shall be held by the Mor•tgagee and have attached thereto loss payable clauses in favor of and in form
<br /> acceptabie to the Mortga�ee_ In event of loss Mortgagor wilI give immediate notice by mail to the Mort-
<br /> gagee, who may malce �roof of loss if not made promptly by Mortgagor, and each insurance company con-
<br /> � cef.�ned is hereby authoi•ized and directed to make payment for such loss directly to the Mortgagee instead
<br /> � of to the iVIortgagor and the Mortgagee 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 indebtedness hereby secured ;
<br /> ; or to tfie restoration �r repaix• �f tlie pi•operty damaged. In event of foi•eclosure of this mortgage, or other ,
<br /> � ; transfer of title to the moi•tgaged property in extinguishment of the indebtedness secured 11ei•eby, all
<br /> � ri�;ht,' title and interest of tihe Mortgagor in and to any insurance policies tlien in force shall pass to the
<br /> y purchaser origrantee.
<br /> � ` 10. As additional and collateral security for t}ie payment of the note c3escril�ed, and all sums to become
<br /> ? due under this mortgag•e, the Mortgagor hereby assigns to the D4o2•tgagee all lease bonuses, profits, reve-
<br /> ' nues; royalties,. rights; and other benefits accruing to the Rlortgagor under any and alt oil and gas leases
<br /> ° now, or during tne 7i1'e of tllis mortgage, executed on said prernises, «rith the right to receive and receipt
<br /> ,`, for tHe same and apply them to said indebtedness as �vell Uefore as after default in the conditions of this
<br /> y mqrtgage, and tlie M�i•tglgee may demand, sue for and reeover any such payments ���hen <lue and pay�-
<br /> able, but shall �iot be required so to do. This assignment is to terminate and become null and void upon
<br /> release of this mortgage.
<br /> ¢ 11 . ' He sliall not commit or perrnit �vaste ; and shall maintain the px•opei•ty in as good condition as at �
<br /> ' y . preseut, reasonable ��-ear anc3 tear excepted. Upon any failure to so maintaiti, Moi•tgagee, at its option,
<br /> � may cause reasonable maintenance w�ork to be performed at the cost oF Mortgagor. Any ainounts paid
<br /> � ? ' theref�r by Mqrtga�;ee shall 6ear interest at the rate pi•ovided fox• in the principal indebtedness, shall
<br /> ; thex�eupon become a ��art of the indebtedness secured by this instrument, ratabl.v and on a parity �5- ith all
<br /> � other 'indebtedness secured Itereby, and shall be payable thirty (30) days after demand.
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<br /> i ' 12. If the premises, or any part thereof, be eondemned i�nder the pon•er of eminent domain, or
<br /> � acquix•ed for a public use, the damages awarded, the proceeds fox• the talcing of, ar• the consideration for
<br /> 1 such acquisitioii, to the extent of the full amount of the remaining unpaid indebtedness secui•ed by this
<br /> j mortgage, or hereb,y assigned to the Mort�agee, and shall be paid forthw�ith to s:�id Mort�agee, to be
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<br /> applied on account of the ]ast maturing installments of sucli indebtedness.
<br /> , � .: 13. If the 14iortg•agor fails to malce any payments when due, or to confoi•�n to and co�nply with any
<br /> j of the conditions or agf•eements contained in this mortgage, or the notes �vliich it secures, then the
<br /> entire principal sum ancl accrued interest shall at once become due and payable, at the election of the
<br /> D�ortgagee ; and t}�is mortgage may thereupan be foreclosed immediately foi• tfie ���hule of the indebted-
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<br /> u�ss 2�ereby se4ui �d, in�luiiiiig• i,lie cu�t of ea:tending che abstract of title fi•om the date of this rnort-
<br /> r gage tg the time of cc�mmencing such suit, a reasonable attorney's fee, and any sums paid by the Veterans
<br /> t � Administx•atiori on account of the guaranty or insurance of the indek�tedness sectu•ed hereby, all of which °
<br /> ! shail be included in the decree of foreclosure. � �
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<br /> j 14. ° If the indebtedness secured hereby be guarariteed or insux•ed under Title 38, ilnited States Code, � A"^� �"`>' '
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<br /> f such T9tle and Regvlations issued thereunder and in effect on the ciate hereoF sha11 govern the rights, duties "' ��
<br /> � � and lial�ilities of. the garties heretv, and any provisions of this or other instrumeats executed in connection � -'`�` �`
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<br /> with said indebtedness :which are inconaistent with said Title or Regulations are hereby amended to ' r� '
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<br /> " The coven�i3ts hex-ein contained shai] birxd, aud tIiC beriefif.s atid advant,ages shall inure to, the
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