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>.�:. <br /> �; _ <br /> r ' <br /> �.� �: � <br /> z, . <br /> c � .� <br /> >.":�::°',�: ,..".:� <br /> �-.�}n-�=�'.�'y a� � — <br /> " T;ti <br /> ��� � . <br /> �'�' � 76, �) 0 � ,) �3e) <br /> K h <br /> 6� .� <br /> 6. If he fuils to pay nny sum or keep any covenant provided for in this mortgage, the Morlgugee, at <br /> its option, mny puy or perform tiie same, nnd all expenditures so made shall be ndded to the princi�ul sum <br /> owing mt the above note, shtill be securecl hereby, and shall bear interest witil paid at tlie rute provided <br /> forinthe principalindebtednesa. <br /> r 7. Upon request of the Mortgagee, Mortgagor shnll execute and deliver a supplementnl note or notes <br /> � for the sum or sums advanced by Mortgagee for tlie alteration, modernizatio�i, or improvement mnde itt <br /> the Mortgugor's request ; or for maintennnce of said premises, or for taxes or assessments againat the <br /> same, and for any other purpose else�vhere autliorized liereunder. Said note oi• notes shall be secured <br /> hereby on n pAri 'ty �vith and us fully as if the ndvance evidenced tliereby «�ei•e i�icluded in the note first <br /> described nUove. Said supplemental note or notes shall bear interest ut the rute pro��ided for in the Nrin- <br /> cipAl indebtedness and shnll be paynble in approximately equal monthly p�i��ments for such period as may <br /> be ngreed upon by tlie 1lortgagee and Mortgagor. Failing to agree ori the maturity, tlle whole of ihe Fum <br /> or sums so udvanced shnll be due and payable thirty (30 ) days nfter demand by the liorlgagee. In no <br />� � event shnll the maturity extend beyond the ultimate maturity of the note first c:escribed above. <br /> ` 8. He hereby ussigns, transfers and sets over to the Mortglgee, to be applied towai•d the pny�ment of <br /> the note aud all sums secured hereby in case of a default in the performance of auy of the terms nnd condi- <br /> tions of this mortgage or tlie said note, ull the rents, revenues and income to be derived from lhe mm•t- <br /> gaged premises during such time as the mortgage indebtedness shali remain w� psid ; and the Itlortgngee <br /> shall have power to appoint any agent or ugents it may desire for the purpose of rerting the slme and col- <br /> lecting the rents, re��enues and income, 1nd it may pay out of said incomes all necessary commissions �tnd <br /> expenses incurred in i•enting and managing the same and of collecting rentals therefrom ; tiie balzince <br />� remaining, if any, to be applied towttrd the discharge of said mortgage iudebtedness. <br /> 9. He �t�ill continuuus]y maintain hazard insurluce, of such type or types and amounts as i4Tortgagee <br /> ' ' may from time to time require, on the improvements now or hereafter on said prcmises nnd except when <br /> puyment for nll such prr.miums hns theretofore been made tmder (a) of paragr.�ph 2 hereof, n�ill paq <br /> � � promptly �vheu due nny premiums therefor. Upon default thereof, il4ortgagee may pfly the sxme. All <br /> insurance shall be carried in compnnies appcoved by the �Iortgagee and the poticies and rene�vals thereof <br /> � ' shnll he held by the llortgagee and have attached thereto ]oss payable clauses in favor of nud in form <br /> � ' acceptable to the �lortgagce. In event of loss \Sortgagor �eill give immediate notice by mail to the Mort- <br />, i I gngee, �aho may make proof of loss iP uot made promptly by Mortgagor, and each insurance compuny con• <br /> cerned is ]tereby uuthocized and directed to make ptiyment for such loss directly to the Dlortgagee instead <br /> of to tlie 1Ioi•tgngor �ind the \Iortgngee jointly, nnd the insurnnce proceeds, or any part thereof, <br /> mny be applied by tlte Mortgagee at its option either to the reduction of the indehtedness hereby secured <br /> � , ur to tlie restorltio�i or i•epaii• of the property dnmaged. In e��ent of foirclosure of this mortgage, or other <br /> tra�isfer of title to the mortgaged property in extinguishment of tfie indebteclness secw•ed hereby, all <br /> right, title and interest of the llortgagor in and to any insurance policies then in force shalt pass to the <br /> a '. purchaser or grantee. <br /> - : 10. As additional and collateral security for the p.�ymait of tlic �iote desci�ibe�l, an�i eill sums to become <br /> due under this mortgnge, tl�c nloi�gagor hereby assigns to the liortgagee all lelse bunuses, protits, re�•e- <br /> nues, royalties, rights, nnd other benefits accruing to tlie Rlortgagor under any� a�id all oil a�id gas leases <br /> no�s�, or during tne life of tl�is mortgage, executed on said premises, 15'1tll t�1C 1'I€,�ht to reccive :�nd receipt <br /> n ` <br /> for the same and apply tl�em to said indebtedness as `cell before ns after defaull in thc conditions of this <br /> mortgage, nnd the \Iortgagee mny demand, sue for and recover any such pn��ments �rhen due and pay- <br /> � ', ablq but shall not Ue required so to do. This assigument is to tei•minate and become null and aoid upon <br /> � release of this mortgage. <br /> 11 . He shall tiot commit or permit �vaste ; and shall maintain the property in as good condition as at <br /> j; present, reasonnble �ce1r and tcar excepted. Upon auy failure to so maintaiu, �Ia�tgagee, at its option, <br /> ma}� cause reasonable maintenance «'orlc to be performed at the cost of 14orlqagor. An3� amounts paid <br /> Lherefor by Mortgugce 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, ratably and on a parity ��•ith all <br /> f : <br /> other indebtedness secured hereby, and shall be paynble thirty ( 30) days after dcmund. <br />' ] 2. If t}te premises, or any part thereof, Ue condemned undcr the po�rer of eminent domain, or <br /> acquired for a puUlic use, the damnges a�vnrded, the proceeds for tlic talcing ot, or the co�isider:itioti for <br /> such acquisition, to the extent of the full nmomit of the remaiuing unpaid indebtedness s�cured bv this <br /> mortgage, or hereUy nssigned to the Mortgagee, and shall be paid forth�rith to said hlortgagee, to be <br /> applied on accowit of the last maturinq instaliments of such indebtedness. <br /> 13. If the \iortgagor f�ils to malce an�� payments �chen due, or to conform to and comply w�ith any <br />' �� : of the conditions or agi•eements contained i�i this mortgage, or tf�e �iutes ���hicli it sr.cui•es, then the <br /> entire principal sum und accrued interest shall at once become due and paynble, 1t tlie election of the <br /> :ltortgugee ; and this mortgage muy thereupon be foreclosed immediately for the �chole� of the indebted- <br />, F . ness hereUy secured, including the cost of extending the abstract of title from the dnte uf this mort- <br /> � gnge to the time of commencing such suit, a reasmiable nttorney's fee, and any� sums plid by the Veterans <br /> Administrntion on account of the guaranty or insurance of the iudebtedness secured hereby, all of «�hich <br /> shall be included in the decree of foreclosure. <br /> 14. If the indebtedness secured hei•eby be guaranteed or insured under Title 38, United Stntes Code, � <br /> ` such Title and ReKulations issued thereunder and in e(Fect ou the datc hereof shall go��ern the rights, duties <br /> � and liabilities of the parties hereto, and any provisions of this or other instruments executed in connection <br /> with snid indebtedness which are inconsistent �ti�ith said 'fitle or I:egulations m�e Itereby amended lo <br /> `� conform thereto. <br /> � The coeenants herein contained shall Uind, and the bene(its and ncieantages shall inw•e to, the <br />� �� � , <br /> «�,� <br /> �. <br /> �� � <br /> �..:z:.�., <br /> :�:__�� . <br /> �,., � <br /> �' = � � <br /> � :° � <br /> _ ,-� <br /> _ <br /> { <br /> � <br />