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<br /> w 6, 1f he fails to pay any sum or keep any covenant provided for in this mortgage, the Mortgagee, at
<br /> its option, may pay;or perform the same, andall expenditures so 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 nathe principal indebtedness.
<br /> 7. Upon request of the Mortgagee, Mortgagor shall executeand deliver :a supplemental note or notes
<br /> for the sum orsums advanced by Mortgagee for the alteration, modernization, or improvement made at
<br /> the Mortgage s request ; or for maintenance of :said premises, or for taxes or assessments against the -
<br /> same, and .for any other purpose elsewhere authorized hereunder. Saidnote or notes shall be secured .
<br /> hereby on-a :parity -with and as fully as if the advance evidenced thereby were .included in the note `first •
<br /> ' deathbed above. Said supplemental note or notes shall bear interest at the rate 'provided for in the prim- .
<br /> cipai :indebtednessand shall 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 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 maturity of the note first described above.
<br /> R. He hereby assigns, transfers 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 termsand 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 shall remain 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 cob '
<br /> lecting the rents, revenues 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 collecting rentals therefrom; the balance
<br /> remaining, if any, to be applied toward the discharge of said mortgage indebtedness. .
<br /> 9, He willcontinuously maintain hazard insurance, of such -type or types andamounts as Mortgagee
<br /> may from time to time require, on the improvements now or hereafter on said premises and except when
<br /> payment for all such premiums has theretofore been made under ( a) of paragraph 2 hereof, will pay
<br /> promptly-'hen due any premiums therefor. . 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 by the Mortgagee and have attached thereto loss payable clauses in favor of and in .form
<br /> acceptable to the Mortgagee. In eventof loss Mortgagor will give immediate notice by mail to the Mort-
<br /> gagee, who may make proof of loss if not made promptly by Mortgagor, and each insurance company con-
<br /> corned is hereby authorized and „directed to make payment for such loss directly to the Mortgagee instead
<br /> of to the Mortgagor -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 the restoration or repair of the property damaged. In event of foreclosure of this mortgage, or other ' __
<br /> transfer of title to the mortgaged property inextinguishment of the indebtedness secured hereby, all '
<br /> g.' • 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 the payment of the note described , and all sums to become
<br /> due under this mortgage, the Mortgagor hereby assigns to the Mortgagee all lease bonuses, profits, reve •
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<br /> nucs, royalties, rights, and other benefits accruing to the Mortgagor under any and all ml and gas leases . •
<br /> now, or during the life of this mortgage, executed on said premises, with the right to receive and receipt
<br /> for the same and apply them to said indebtedness as well before as after default in t.he -conditions of this •
<br /> i mortgage, and the Mortgagee may demand, sue for and recover any such payments when due and pay-
<br /> ' able, bat shall not be required so to do. This assignment is to terminate and become null and void upon ,
<br /> release of this mortgage..
<br /> 11 . He shall not commit or permit waste ; and shall maintain the property in as good condition as at
<br /> present, reasonable wear and tear excepted. Upon any failure to so maintain, Mortgagee, at its option,
<br /> may cause reasonable maintenance work to be performed at the cost of Mortgagor_ Any amounts paid
<br /> therefor by Mortgagee shah bear interest at the rate provided for in the principal indebtedness, shall
<br /> • thereupon become a part of the indebtedness secured by this instrument, ratably and on a parity with all
<br /> other indebtedness secured hereby, and shall be payable thirty ( 30 ) days after demand.
<br /> r 1.2. if the premises, or any part thereof, be condemned under the 'power of eminent domain, or
<br /> acquired for a public use, the damages awarded, the proceeds for the taking of, or the consideration for
<br /> such acquisition, to the extent of the full amount of the remaining unpaid indebtedness secured by this
<br /> mortgage, or hereby .assigned to the Mortgagee, and shall be paid forthwith to said Mortgagee, to he
<br /> :applied .an account of the last maturing installments of such indebtedness.
<br /> 13. U the Mortgagor fails to make any payments when due, or to conform to and comply with any
<br /> ?. of the conditions or agreements contained in this mortgage, or the notes which it secures, then the
<br /> entire principal sum and accrued interest shall at once become due and payable, at the election of the -
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<br /> Mortgagee ; and this mortgage may thereupon be foreclosed immediately for the whole of the indebted-
<br /> nils hereby secured: including the cost of extending the abstract of title from the date of this .mort-
<br /> gage -to the time of commencing such suit, a reasonable attorney's fee, and any sums paid by the Veterans
<br /> Administration on account of the guaranty- or insurance of the indebtedness secured hereby, all of which
<br /> 1 shall be included in the decree of foreclosure.
<br /> 14.. IS the indebtedness secured :hereby be guaranteed or insured under Title 38. United States Code,
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<br /> such Title and Regulations issued thereunder and in effect on the date hereof shall govern the rights, duties
<br /> and liabilities of the parties hereto, and any provisions of this or other instruments executed in connection
<br /> with said indebtedness which areinconsistent . with .said Title c,r Regulations are hereby amended to
<br /> conform thereto:
<br /> The covenants herein contained shall bind, and the benefits and advantages shall inure to. the
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