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<br /> G. If he flils to pny any sum or keep any covenant provided for in this mortgage, the Mortgagee, at
<br /> ite option, may pay or herform the same, and all expenditures so made shall be added to the principal eum
<br /> owing on the above note, shall be secured hereby, and shall bear interest until paid at the rate provided
<br /> for in the principal indebtedness.
<br /> � 7. Upon request of tlte blortgugee, Mortgagor shall execute and deliver a supplementul note or notes
<br /> for the sum or sums ad��nnced by ➢'Iortgagee for the niteration, mociernization, or improvement mnde at
<br /> the b4ortgagm�'s request ; or for maintenance of said premises, or for tases oi• assessments againat tlie
<br /> same, and for nny other purpose elsewhere authorized hereunder. Said note or notes shall be secured
<br /> hereby on a parity �vith and as fully ua if the advance evidenced thereby �sere included in the note firat
<br /> described above. Said siq�plemental note or notes ahall bear interest at the rate provided for in the prin-
<br /> � cipal indebtedness and shall be payable in approximately equa! monthly pa�mients for such period as may
<br /> be agreed upon by the ➢Iortgagee and Mortgagor. Failing to ugree on the maturity, the u•hole of the sum
<br /> or sums so advanced shall be due and payable thirty (30) days after demand by the lfortgagee. In no
<br />' event shall the maturity extend beyond the ultimate maturity of the note lirst described above.
<br /> 8. He hereby assigns, transfers a�td sets over to the lYfortgagee, to be applied to�sard the payment of
<br /> ` the note and all sums secured liereby in case of a default in the perfm�mance of any of tlie terms and condi-
<br /> tions of this mortgage or the snid note, all the rents, revenues and income to be dei•i��ed fi•om the mort-
<br /> gaged premises dui•ing sucli time as the mortgnge indebtedness shall remain unpaid ; and the bfoi•t�agee
<br /> shall have power to appoint any agent m� agents it may desire for the purpose of renting the snmc and col-
<br /> lecting the rents, recenues and income, and it may pay out of said incomes all necessaiy commissio�is and
<br /> ' expenses incurred in renting and managing the same and of collecting rentals therefrom ; the balance
<br /> I ` remaining, if any, to be applied to«•ard the discharge of suid mortgage indebtedness.
<br /> 9. He «•ill continuously maintain hazard insurance, of such type or types and amounts as i7ortgagee
<br /> may from time to time renuire, on the improvements now or hereafter on said pi•emises and except �shen
<br /> pa��ment for all such pi�emiums has theretofore been made under (a) of pai•agraph 2 liereof, «�iil pay�
<br /> F p�•omptl,y ���hen due any premiums therefor. Upon default thereof, Dfortgagee may pay the same. All
<br /> insurance shall be carried in companies approved by the 1lortgagee and the policies a»d rene�vals thereof
<br /> sh�ll be held Uy the :1lortgagee flnd have attached thereto loss payable clauses in fa��oi• of nnd in form
<br /> � acceptable to the :lioi•tgagee. In event of loss \fortgagor �eill give imrnediate notice by mail to the ➢4ort-
<br />� ; gagee, «•ho may make proof of loss if not made promptly by Aiortgagor, and each insurance company con-
<br /> ` ` cerned is liereby authorized and dii•ected to make payment for such loss dii•ecU}• to the .lioi•tgagee instend
<br /> of to the 1lortgagor and the :llortgagee jointly�, and the insurance proceeds, or any part thereof,
<br /> ; ma�� be anplied b�� the Nlortgagee at its option either to the reduction o: 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 moi•tgaged property in extinguishment of the indebtedness secui•ed liereby, all
<br /> ` rigfit, title and interest of tlie \Iortgagor in and to any insurance policies tlien in force shall pass to the
<br /> purchaser or grantee.
<br /> 10. As additional and collateral security for the pas�ment of the note described, aud all sums to bewme
<br /> due under this mortgage, the :�fortgagor hereby assigns to the \fortgagee all lense boniises, profits, re��e-
<br /> nues, iroyalties, rights, and other benefits accruing to the blortgagor undcr anp and all oil and gas leases
<br /> $ no«•, or during tne life of this mortgage, executed on said premises, �cith the right to recei�•e and receipt
<br /> i for the same and appl}• them to said indebtedness as �vell before as after defnult in the conditions of this
<br /> � mortga�e, and the biortgagee may demand, sue for aud recover any such payments �ehen due and pay-
<br /> ablc, but shall not be i•equii•ed 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 �raste ; and shall maintain tlie pi•operty in as good condition as at
<br /> present, reasonable �+�ear and tcar excepted. lipon any f�ilure to so maintain, biortgagee, at its option,
<br /> may cause reason3ble maintenance «•ork to be performed at the cost of Biortgagor. 9ny amounts paid
<br /> therefor b�� Mortgxdee sl�all bear interest at the rate pro��ided for in the principal indebtedness, shall
<br /> ` thereupon become a part of the indebtedness secured by this instrument, r�tablt� and on a parity �rith all
<br /> other indebtedness secured hereby, and shall be pa>�able thirty ( 30) days after demand.
<br />' •� 12. If the premises, or nny part thereof, be condemned under the po«�er of eminent domain, or
<br /> i acquired for a public use, tlie damages aw�arded, the proceeds for the ta]cing oF, or the consideration for
<br /> such acquisition, to the extent of the full amount of the remaining unpaicl indebtedness secured by this
<br /> mortgage, or hereb}• assigned to the hfortgagee, and shali be paid forthn•ith to said ➢tortga�ee, to be
<br /> � applied on account uf the ]ast maturing installments of such indebtedness.
<br /> 13. If the lfortgagor fails to make anY payments when due, or to conform to and comply with any
<br /> I i of the conditions or agreements contained in this mortgage, or the notes n�hich it secures, then the
<br /> entire principal sum and accived interest sh�ll at once become due and payable, at the election of the
<br /> .ltortqagee ; and this mortgage may thereupon be foreclosed immediately for the �rhole of the indebted-
<br /> x nvss 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 an�- sums paid by lhe ��eterans
<br /> Administration on account of the guaranty or insurance of the indebtedness secui•ed hereby, all of which
<br /> shall be induded in the decree of foreclosure. V �
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<br /> 14. If the indebtedness secured 'nereby be guaranteed or insured uuder 1'itle 38, United States Code, '�°
<br /> such Title and Requlations issued thereunder and in ellect on the date hereof shall govern the rights, duties °
<br /> I and liabilities of the parties hereto, and any provisions of tliis or other insti•uments execuled in connection o
<br /> with slid indebtedness which are inconsistent with said Title or Regulations .u�e hei•eby amended to �
<br /> conform thereto. �`
<br />� a � The covenants herein contained shall bind, and Uie benefits and adeant�ges shall inw•e to, the _ u
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