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<br /> , G. If he fails to pay any sum or keep any covenaut provided for in this mortgage, the Mortglgee, at
<br /> its option, may pay or perform the same, and all expenditures so mxde shall be added to the principul aum
<br /> owing on the above note, shall be secured hereby, and shall bear interest until paid ut the rnte provided
<br /> for in the principal indebtedness.
<br /> � 7. Upon requeat of the hlortgagee, Mortgagor ehall execute und deliver n supplemental note or notes
<br /> for the sum or auma advanced 6y Mortgugee for the ulteration, modernizatimi, or improvement made at
<br /> the Mortgagor's request ; or for maintenance of said premises, or for taxes or assessments againet the
<br /> same, and for any other purpose elsewhere authorized hereunder. Said note or notes shall be secured
<br /> liereby on a parity ��•itli and as fully as if the advance evidenced thereUy were included in the note first
<br /> described above. Said supplemental note or notes shall bear interest at the rate pi•ovided for in the prin-
<br /> cipal indeUtedness and shall be payabte in approximately equal montlily payments for such period as may
<br /> be agreed upon by the \fortgagee and Mortgagor. Failing to agree on tlie maturity, the �ti�hole of the sum
<br /> or sums so ad��anced shall Ue dtte and payable thirty ( 30) days after demand by the Mortgagee. In no
<br /> event shall the maturity extend beyond the ultimate maturity of thr, note first described lbove.
<br /> 8. He hereby assigns, trinsfers nnd sets over to the Mortgagee, to be applied toward the payment of
<br /> the note and aU sums secured hereby 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 income to be derived fran the mort-
<br /> gaged pi•emises dm�ing such time as the mortgage indebtedness shall remaiu unpaid ; n�td the lfortgagee
<br /> shall have po�ver to appoint any agent or ngents it may desire for the purpose of renting the same and col-
<br /> ' lecting the rents, revenues 1nd income, and it may pay out of said incomes all necessaty commissions and
<br /> expenses incurred in renting and mannging the same and of collecting i•eiitals therefrom ; tlie balance
<br /> t remaining, if any, to be applied toward the dischurge oF said mortgage indebtedness.
<br /> 9. He �vill conti�iuousl�� maintain hazard insurance, of such type or types and amou�its 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 premiwns has theretofore been made under (a) of paragraph 2 hereof, «�ill puy
<br /> promptly �vhen due any premiums therefor. Upon default thereof, Mortgagee may pay the same. All
<br /> insurance shall be carried in companiea approved by the ➢fortgagee and the policies and rene���als thereof
<br /> sh�ill be held by the \ioi•tgagee and have attached thereto loss payabie dauses in favor of nnd in form
<br /> < , acceptable to the BSortgagee. In event of loss Dfortgagor ���ill give immediate notice by mail to the Mort-
<br /> " ' gayee, �ti�ho may malte pi�oof of loss if not made promptly by D4ortgagor, and each iiisurance company con•
<br /> cerned is hereby authorized and directed to make payment for such loss directly to the :llortgagee instead
<br /> of to the JIortgagor and the Alortgagee jointly, 1nd the insurar.ce proceeds, or any plrt thereof,
<br /> mfly be applied by the Mortgagee at its option either to the reduction of the indebtedness hereby secured
<br /> or to the restoration or i•epair of the property damaged. In eeent of foreclosure of this mortgage, or other
<br /> transfer of title to the mortgaged property in extinguishment of the indebtedness secured hereby, all
<br /> _ ' riglit, title and interest of tlie \Iortgagor in and to any insurance policies then i�i force shall pass to the
<br /> purchuser or grantee.
<br /> f 10. As additional and collateral security for the payment of the note described, and all sums to Uecome
<br /> : due under this mortgage, the 1liortgagor hereby nssigns to the .�Iortgagee all lease bonuses, protits, reve-
<br /> '' ; nucs, royalties, rights, and other benefits accruing to the Mortgagor under an3� and all oil and gas leases
<br /> no���, or during the life of this mortgage, executed on said premises, �ti�ith the right to i•ecei�•e and receipt
<br /> for the same aud apply them to said indebtedness as ���ell before as after default in the conditions of this
<br /> mortgage, and the :liortgagee may demand, sue for and recover any such payments �vhen due and pay-
<br /> ablc, but 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 ns at
<br /> a ' present, reasonaUle ���ear and tear excepted. Upon any failure to so maintain, �fortgagee, at its option,
<br /> may cause reasonabie maintenance work to be performed at tlie cost of Mortgagor. Any amounts pnid
<br /> ` therefor b}� M�rtgagee shall 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 «�ith ali
<br /> other indebtedness secured hereby, and shall be payable thirty (30) days after demind.
<br /> � 12. If the premises, or any part thereof, be condemned under the po���er of emiuent domain, or
<br /> acquired for a public use, the damages awarded, the proceeds for the ta]cing of, or the consideration for
<br /> '� such acquisition, to the exteut of the fuil amount of the remaining unpaid indebtedness secured Uy this
<br /> i : mortgage, or hereby assigned to the Mortgagee, and shall be plid forth���ith to saicl hfortgagee, to be
<br /> applied on account of the last maturing installments of such indebtedness.
<br /> 13. If the .liortgagor fails to make anv payments when due, or to conform to and comply w•ith any
<br /> of the conditions or lgreements contained in this mortgage, or the notes ��•hich it sectu•es, then the
<br /> entire prinripal sum and lccrued interest shall at once become due and payable, at the election of the
<br /> lfortgagee ; and this mortgage may thereupon be foreclosed immediately for the whole of the indebted-
<br /> t . ness hereby secured, including the cost of extending the abstract of title from the date of this mort-
<br /> t' gage to the time of commencing such suit, a reasonable nttorney's fee, and any sums paid bp the Veterans
<br /> Administration on account of the guaranty or insurance of the indebtedness secured hei•eby, all of «•hich
<br /> shall be included in the decree of foreclosure.
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<br /> 14. If the indebtedness secured hereby be gunranteed or insured under Title 38, United States Codc,
<br /> sttch Title and Regiilations issued thereunder and in effect on the date hereof shall go��ern the rights, duties N �;• �
<br /> and liabilities of the parties hereto, nnd any pro��isions of this or other instruments esecuted in connection � � '
<br /> with said indebtedness which nre inconsistent �vith said Title or Regulations are hereby amended to � , . '
<br /> r conform thereto. th '
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<br /> The covenants herein contained shall bind, and the benefits and advantages shall inure to, the �
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