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<br /> 6. If he faila to puy any sum or keep nny covenant provided for in this mortgnge, the Mortgagee, at
<br /> its optlon, mny pay or perform the same, und nil expenditures eo mnde shnll be added to the principal aum
<br /> owing on the above note, ahall be secured hereby, and shall bear interest uutil puid at the rate provided
<br /> for in the principal indebtednesa.
<br /> 7, Upon request of the Mortgngee, Mortgagor ehall execute and deliver a �upplementnl note or notea
<br /> rfor the sum or sums advanced by Mortgngee for the alteration, modernization, or improvement made at
<br /> thQ Mortgagor's request ; or for maintennnce of said premisea, or for taxea or assessmenta uguinat tha
<br /> same, nnd for any other purpose elaewhere authorized hereunder. Snid note or notes shail be aecured
<br /> ; " hereby on aparity �vith and us fully as if the advance evidenced thereUy �vere included in the noto first
<br /> described ubove. Said supplemental note or notes shall bear interest ut the rate provided for in the prin-
<br /> + - cipal indebtedness aud shall be payable in approximately equal monthly pnyments for such period as muy
<br /> be agreed upon by the 11lortgagee and Mortgagor, Failing to agree on the m�tur;ty, the «•hole of the sum
<br /> or sums so ndvanced shall be due and payable thirty ( 30) days after demand by tiie nlortgagee. In no
<br /> event shall the muturity extend beyond the ultimate muturity of the note first described nbove.
<br /> ., 8. He hereby assigns, transfers and sets over to the Mortgagee, to be applied totivard the puyment 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 /> tions of this mortgage or the said note, all the rents, revenues and income to be derived fran the mort-
<br /> gaged premises during such time as the mortgage indebtedness shnll remain unpaid ; and the Dlortgagee
<br /> shall have power to appoint 1ny agent or lgents it may desire for the purpose of renting the snme and col-
<br /> lecting the rents, revenues nnd income, and it may pay out oi said incomes ull necessary commissions and
<br /> expenses incurred in renting and managing the same and of collecting rentals therefrom ; the balance
<br /> ; remnining, if any, to be applied toward the discttarge of said mortgage iudebtedness.
<br /> 9. He �vili continuously maintain hazard insurance, of such type or types and amounts as bfortgagee
<br /> may from time to time require, on the improvements now or hereafter wt said premises and except �vhen
<br /> pa�•ment for all sucU premiums has theretofore been made under (a) of paragraph 2 hereof, ��•ill pay
<br /> promptly �vhen due an5� premiums therefor. Upon default thereof, D2ortgagee may pay the same. All
<br /> insurance shall be carried in comp�nies approved by the Mortgagee and the policies and renewnls thereof
<br /> shall be held by tF�e hlortgagee und have att�lclied tliereto loss paya6le clnuses in fa��or of and in form
<br /> acceptable to the Dfortgagee. In event of loss Biortgagor «•ill give immediate notice by mail to the Mort-
<br /> gugee, «�ho may make proof of loss if not made promptly by Mortgagor, and eacli iiisurance company con•
<br /> cerned is liei•eby authorized and dii•ected to malte payment for such ]oss di:�ectiy to the �iortgagee instead
<br /> of to the ;�Iortgagor and the i�fortgagee jointly, and the insurance proceeds, or any part thereof,
<br /> may be npPlied Uy the Mortgagee at its eption either to the reduction of the indebtedness hereb�- secured
<br /> ` or to the restoratian or repair of the property dnmaged. In event of foreclosure of this mortgage, or othe:
<br /> trnnsfer of title to the mortgaged property in extinguishment of the indebtedness secured hereby, all
<br /> right, title and interest of the Diortga�or in and to any insurance policies then in force shall pass to the
<br /> pui•chaser or gruntee.
<br /> 10. As additional nnd collateral security for the payment of the note described, and ali sums to become
<br /> � ', due under this mortgnge, the :�tortgagor hereby assigns to the :liortgagee all lense Uonuses, profits, reve-
<br /> nues, royalties, rights, and other benefits accruing to the hfortgagor under any 1nd all oil and gas leases
<br /> ' now, or during tne life of this mortgage, executed on said premises, «•ith the right to receice and receipt
<br /> for the same and apply them to said indebtedness as ���ell before as after default in the conditions of tliis
<br /> mortgage, and tlie lfortgagee mny demand, sue for and reco��er uny such pa>�ments �clien due and pay-
<br /> ablc, but shall not Ue required so to do. This assignment as to terminate and become null and void upon
<br /> release of this mortgage.
<br /> 11. He shall not commit or permit �vaste ; und shall maintain the propert}• in as good condition as ut
<br /> ry present, reasonable �s•ear and telr excepted. Upon any� failure to so maintain, biortgagee, at its option,
<br /> F inay cause reasonaUlc maintenance work to be performed at the cost of Diortgagor. Any� amounts paid
<br /> therefor by Mortgagee shall bear interest at the rate pro��ided for in the principnl indeUtedness, shall
<br /> thereupon become a part of the indebtedness secured by this instrument, ratably� and on a parity «•ith all
<br /> `= other indebtedness secured hereby, and sl�all be payable thirty (30) days after demand.
<br /> 12. If tlie premises, or any part thereof, be condemned under the po��•er of eminent domain, or
<br /> acquired for 1 public use, the damages awarded, the proceeds for the talcing of, or tlie consideration for
<br /> � such acquisition, to the exteut of the full amount of the remaining unpaid indebtedness secured by this
<br /> mortgage, or hereby assigned to the hSortgagee, and shall be paid forth«�ith to said biortgagee, to be
<br /> applied on accomit of the last maturing instalLnents of such indebtedness.
<br /> 13. If the 1Soi•tgagor fails to make anY payments when due, or to confoi•m to und comply �eith any
<br /> of the conditions or agreements contained in this mortgage, or the notes «�hich it secures, then the
<br /> entire principal sum and acerued interest shall ai once become due and pa�•able, at the election of the
<br /> lfurtgagee ; and this mortgage mny thereupon be foreclosed immediatel}� for the u•hole of tlie indebted-
<br /> ness hereby secured, including lhe 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 nuy sums paid by the Veterans
<br /> Administration on account of the guaranty or insurance of tlie indebtedness secui•ed liereby, nll of ��•hich
<br /> shall be included in the decree of foreciosure.
<br /> 14. If the indeUtedness secured hereby be guaranteed oi• insui•ed under Title 38, United States Code, '""� ; ` ; '
<br /> such Title and Regulations issued thereunder and in effect on the date hereof shall go��ern the rights, duties �j .=: `
<br /> ( and liabilitics of the parties hereto, and any provisions of this or other insti•uments executed in connection s�
<br /> ��•ith said indebtedness which are inconsistent with said Title or I;egulations are hereby amended to
<br /> conform thereto. n il-
<br /> The co��ennnts hcrein wnt�lined shall bind, and the benefits and advatttages shall inurc to, the � ,
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