; � , �
<br />� (i. [ 1' li �� fxils in � ; i �� � u � ; ., inn � , r kr� � p uu � � �rn ��� � n �uil � � ru �� id , vi f� , r ui t !� is trr , �•t ��:ap�� , th � � ?t7 � �rtf;a�r� , ut
<br />' its � � plinu , rnt��� ( ui� i � r � mrl� u• in tli �� stm �a , .wd ull oxpondu.urrs :q tnu � lr shz� il Lc a � id � �d t � � cli � � pnnc � � ial su ;n
<br />� uu� ing � � n thc ulro ��c nut �� . :, htill l�o secw�i�d hrral,}' , tmd shall licur iutcrrst uutil � �air1 ut tho rt� t.r pru�' idcd
<br />�, for in lhc priuci � ial iudebtedness.
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<br /> 7 . L1��itm rt�ryuest uf the 141ort�ngee , Mortga�,�or shtill executc ttnd r.lelicur n t�. upplctueuLnl nute <��r notcs
<br />� � for Uic vutn or sums .id ���u � cud L�>• Mortgagu�� fur tli�t ultai•atiou , niodc• ruization , ur in�iprovement mnde a�t
<br /> tl�� a Murtgugor 's requcs� ; ur Tor tYu� i �ite�nance �ri' ha� iii prmnisea, or for taxes nr assi�ssments atiuinst Lhe
<br /> sume, xnd 1'or wiy' olher purpcise else�t�herE uuthorized hercunder. Said not�� ur unte� shall be Hecured
<br /> hereU�� uu u purity «�ith amd as full�� ns if the tulti•unce evidenced thereb�� �aere included in the note tirst
<br /> describi�d ubove. Saicl suppletnentnl note or u::tes shull Lenr interest ut Lhc rute pt�ovided fur in the �rin-
<br /> cipnl indebtedness and shull Ue taeiyable iii uppruximately equul monthl�• puyments foi• sucti perioi! us muv
<br /> be ugrec+d upc�n by the N1cu•Lgugee ur,d Mortgugor. Fxiling to agi•ee an the mutui•ity�, the a•hole of the sirm
<br /> or sums �o ach•unced shttll be due 1nd pnvn�le tturty ( 30 ) dttti�s nfiter demnud by the Mm•kgagee. ln no
<br /> evenC shull the matw�ity extend be}�ond the ultimatem�tni'it,y of the note first de�cribed ubove.
<br /> S. He hereby assigns, trunsfer� und sets over to the Mortgttgee, to be fit�plied to«•ui•d Lhe pxyment of
<br /> the note ttnd all sums secw�ed hereby in cnse of u defauit in the performance of xny of' the terms azid condi-
<br /> tions of this mnrtguge or the said note, ull the rents, reveiiues and income to L� derived from the u�o.�c-
<br /> gtiged }iremises iluring such tim� t3s �iie snortgu�e indebtednesc shall remain im�iaid ; and the Mortgagee ,
<br /> shail hace pa���er tn appoini any agent or ugents it may desire for the piu•pnse of reritir,� the same und col-
<br /> lecting the renls, revenues and income, und it may pay out of said incomc;s al] necessc�rS ��c:':imissions �nd
<br /> e�penses incurred in rentiug flnd man¢ging the same and of coilecting rentals ther�from ; the Uulauce
<br /> remxining, if un�•, to be applied to�card the dischurfie of said mortgnge iudebtedness.
<br /> 9, He will c:nnCinuuusly maintain liazard insurunce, of such ty,pe or t��pes �nd amauuts as Morf:�agee
<br /> f may: Irom time to time :renuire, on the improvements now or hereufter on said premises and excepY «•hen
<br /> pa��ment for all such premiums has theretofoi•e been made under ( a ) af pni•agrttph 2 ]rereof, �rill pa3�
<br /> protnptly n�hen due avy premiums therrfor. Upon default thereof, Mortgagee mn�� puy the same. All
<br /> iusurunce shall �ie carried in companies fipproved by the iVtc�rtgagee anfl the policies und rene�rals thereof
<br /> shall be held bY the \4oi•tgagee nnd huve attached thereto ]oss pn�*able clauses iii favcir of and in form
<br /> acceptat�le tc� the Moi�t6agee. ln et�eut of ]oss Mortgagor ���ill give immediute notice Uy mail to the Moi•t-
<br /> gagee, «•ho mt�y mal;e prc�of of loss if not made promptly by Martgagor, nnd each insuramce compan3' con-
<br /> cerned is hereh,� authorized s�t�d directed to muke payment for such loss directl�� t� the i4lortgagee instend
<br /> of to the �l4ortgagor nnd the Mortgngee jointly, and the insurunce proceeds, or anti- pt�rt thereof,
<br /> ma}• be upplied by the Mortg� gee ut its option either to the reduction of the indebtedness hereh}� sectu•ed
<br /> ui• to the restoration or repuir of the property damaged. In erent of foreclosure of. this mortgage, ur other
<br /> �rftnsfer of title to the morl:glgCcl p1•�pel•ty� in extinguishmetit of the indebteclness seeu .ed hereb�� , all
<br /> right, title und intei�est 'of' the ➢�Iortgagor in and to any insurance policies then in force shail pass to the
<br /> purchuser oi• gra�itee.
<br /> 10. As additionll and collaterut securitp i'or the puSnnent of the note desci•ibecl, and axll sums to become
<br /> due mider this mortg�age, Lhe Mm•tgagor h.erebg assigns to the Mortg'agec �11 leasc bonuses, profits, reve-
<br /> ; ;; nues, i•o5>ulties, .rigHts, aud other benefits acctving to tlie Mortgngor under any .and all oil t�nd gas .leases
<br /> � nn��; or diuing tne life of this m�rtgage, execuic:d on sttid premises, lrith the riglit to i•ecei��eand rsceipt
<br /> ' ; for the same and applti• them to suid indebtedness as ��•ell befoi•e as aftei• clefault iii the conditions of this
<br /> mortgnge, and the 114ortg:tigee may demand , sue i'or and recover � n,y such pa�•ments �s•hen due and pay-
<br /> able, but s8a11 not be reqnii•ed so to do. This assignment is to tei•minate ai� d become tiiill and void upon
<br /> " ` release of this mortgage.
<br /> ] 1 . He shtxll tiot commit ar permit «�Rste ; and shall muivtuin the pi•oriertp in as gooci condition tts nt
<br /> preseTrt, rr.tisonuble u�car und tet�i• excepted. Upcm any failui•e to so maintait�, Moi•tgagee, at its option,
<br /> may cause rensonaUle maintenance ���orlc to be performed ut the cost c�f Mortgagor. AnS� amounts paid
<br /> Cheretor 6�- Mortgagee shall I�eur iuterest at the raCe provided for in the principal indebtedness, shall
<br /> thereupon becer•�,e a pai•t of the irulebtedness securei! b�� Chis instrument, ratablc aud on a parity �vith nll
<br /> other indebtedttess secui•ed her�b��, ai�d shttll be pu�-nbie thirt�• ( 30 ) dai•s ai'tt,i• demand.
<br /> 12. If the premises, or anv purt thereof, be condemned tmder the po«•cr of eminetii: domuin, or
<br /> acquired for a puUlic use, the tiamages uwarded, the proceeds for the taking of, or th<a consi<lerxtion for
<br /> such acquisition , to the exte>ut of. the full amouut of the remuinin�; unpaid indebtetlness secux•ed by this
<br /> mortgxge, oi• hereby nssigned to the Mot•i.gagee, flnd shall be pnid f'orthn•ith ta said Mortgagee, to be
<br /> applicd on uccount oi' the last mxturing :nstnliments of s��ch indebCeclness.
<br /> ; 13. lf the MorCgagor 1`ails to malse anv pa��merits ti�•hen due, or to confm•m to and compl,v w-ith any
<br /> � of thc conditions or agreements contained in this mortgage, or the notes �rhich it secui•es, then Che
<br /> entire -principal sum unri accrued interest shall at once becnme dae tind pa}<ibie, �t the election of the
<br /> Mortgagee ; and this mc�rtgttge ma�� thereupon be forecloved immediately for the �ehnle of the indebted-
<br /> ness hereUy secured, inclucling the cvst of extendiug the �ibstruct of LiCle from the dnte of this moz•ti-
<br /> gitge to the time of cixnmencing such suit, a i•easonabl� attor.ne�-'s fee, and an�� sums paid by the Veterans
<br /> Administration on Ficcount of the gvart�nt5� cr insurnnce of the indebtedness seciu•ed herebt-, all of �rhich .
<br /> shall be included in the decree of foreclosure. � . 1
<br /> 14. If the indehtedness secui�ed hei•eby be guarantced nr insured undei• Tit1e �8, linited States Code, � � � ,
<br /> such fitle and Itegulat��ns :issued thereun.der and in effect on thedate hereof sht�ll �overn the rights, dvties x,
<br /> and I�aliiiities of the partiet� hereto, anil Any provisions nf this or other instruments exec;uted in conneetion , °� fr
<br /> ���ith sni�l indebtedneas which tti•e inconsisl:ent «•ith said 'Pitle or I�egulaitions ai•e hei•eby umended to � `i
<br /> confoi7n thereta :
<br /> The covenants herein contained shall biud, and the benefits and adv�mtages shall inure tn, the
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