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� ' i : ,�?.» � � � � r � 6. If lie fails to pay nny sum or keep any coventtnt provided for itt this mortgttge, tY�e Mortgagee, at ita option, may pny or perform the same, and all expenditures so made shall be added to the principal sum owing on the above note, shall b� aecured hereUy, and sl�all bcac interest until paid t�t the rate provided for in the principal indebtedneas. ' � 7. Upon request of tlie Mortgagee, Mortgagor ehall execute and delivei• a supplemental note or notes for the sum or sums advnnced by blortgagee for the alteration, modernization, or improvement nade at the Mortgagor's requeat ; or for maintenance of said premiaes, or for taxes ur assessments against the same, attd for uny other purpose elsewltere authorized hereunder. Said note or notes ahall be secured hereby on a parity «�ith and as fully as if the advance evidenced thereby n�ere included in the note firat described above. Said supplemental note or notes shall bear interest at the rate pro��ided for in the prin- cipul indebtedness und shall be payable in npproximately equal monthly� payme�its for suclt period as may be agreed upon by the :liortgagee and 11Zortgagor. Failing to agree on the maturit��, the «•hole of the sum or sums so adeanced shall be due and payable thirty (30 ) days after demand by the illortgagee. Iit no eveut shnll the maturit�� extend beyond the ultimate maturity of the note first described above. 8. He hereby assigns, trunsfers and sets over to the Mortga�ee, to be applied to�vard the payment of the note and all sums secured hereby in case of a default in the performance of any of the terms and condi- tions of tltis mortgage oi• the suid note, all the rents, re��enues and income to be derived from tt�e mort- ` gaged premises during such time as the mortgage indebtedness shall remain tmplid ; and the Dlortgagee sha11 have po�ver to appoint any agent or agents it may desire for the purpose of renting the same and col- lecting the rents, re�•enues and income, and it mny pay out of said incomes �ll necessai;v commissions and � expenses incurred in reuting and mannging the same and of collecting rentals therefrom ; the balance remaining, if any, to be applied to�vard the dischar�e of said mortgage indebtedness. 9. Iie ��ill continuously maintain hazard insurance, of such type or types and amounts as Dtortgagee y may from time to time rec,uire, on the improvements now or hereafter on said premises and except �shen payment for all such premiums has theretofore been made under (a) of paragraph 2 hereof, �cili pay promptty �vhen due any prc�miums therefor. Upon default thereof, �fortgagee may pay the same. All insurance shall be carried in companies approved by the �Iortgagee and the policies and rene��ats thereof shnll be held by the lfortgagee and have attached thereto loss payable clauses in fa�ror of and in form acceptable to the Blort�agee In event of loss 11oi•tgagor �siq give immediate notice by mail to the N1oi•t- gagee, �stto u�ay malte proof of loss if not made promptl}� by Mortgagor, and each insurance compnny con• cerned is liereby authorized and dii•ected to make payme�it foi• such loss dii•ectly to tlie 3lortgagee inste�d of to the �fortgagor and the liortgagee jointly, and the insm�ance proceeds, or any part thereof, � may 6e applied by the Mortgagee at its option either to the reduction of the inclebtedness hereby secured ur to the restoration or rcpair of the property damaged. In event of foredosure of this mortgage, or other transfer oT title to the mortqaged property in extinguishment of the indebted��ess secured hereby, all right, title and interest of the Dfortgagor in and to �ny insurance policics then in force shall pass to the purchaser or grantee. 10. As addition�tl and collateral security for the payment of the note described, uud all sums to become " due under this mortgnge, the Dloi�tgagor hereby nssigns to the 1lortgagee all lc�se bmnises, profits, reve- mies, royalties, rights, and other benefits accruing to the Mortgagor under any� and all oil nnd gas leases � 110�5'� or during tne life of this mortgage, esecuted on said premises, ��ith the right to receive and receipt � for the same and appl�� them to said indebtedness as «�ell before as after default in the conditions of this �; murtgage, nncl the :lIortgagee may demand, sue for and recover an�� such pa��ments u�hen due and pap- able, but shall not Ue required sa to do. This assignment is to terminate and become null and void upon release of this mortgage. 11 . He shall not commit or permit �s�aste ; and shall maintain the properh• in as good coudition as at present, reasonable n�e1r and tear excepted. Upon any failure to so maintain, :ilortgagee, at its option, � may cause reasonable maintenance ��•ork to be performed at the cost of 1lortgagor. .�ny amounts paid s tiierefor b�� Murtgagee shall benr interest at the rate pro�•ided for in the princip:�l indebtedness, shall thereupon become a part of the indebtedness secured by this instrument, ratably and mi a parity n•ith ail other indebtedness secured hereby, and shall be payable thirty (30) days after demnnd. � 12. If the premises, or any� part thereof, be condemned under the po�cer of r.minent domain, or ' acquired for a puUlic use, the damages awarded, the proceeds for the talcing of, or the consideration for F such acquisition, to the extent of the full amount of the remaining unpaid indebtedness secured by this ' mortgage, or hereU3� assigned to the hiortgagee, and shall be paid forth«�ith to said Mortgagee, to be 1 apnlied on account of the I1st maturing installments of such indebtedness. ,' 13. If the �Ioi•tgagor fails to make anY payments when due, or to confm•m to a�id comply «�itli any of the conditions or agreements contained in this mortgage, or the uotes ��hich it securey, then the ' entire principal sum anci accrued interest shall at once become due and pa��able, at the clection of the .liortqagee ; and this mortgage may thereupon be foreclosed immediatel�� for the �chole of ihe indebted- ness hereby securnd, including the cost of extending the abstract of title from the dnte of this mort- gage to the time of commencing such suit, a reasonable attorne�•'s iee, and a�i}• sums paid b�� the �'eterans Administration on account of the guaranty or insurattce of the indebtedness secui•ed hei•eby, all of ��hich shall be included in the decree of foreclosure. i 19 . lf the indebtedness secured hereby be guaranteed or insui•ed under Title 38, United States Code, such Title and Regulations issued thereunder and in effect on the d:ite hereof shall govern the rights, duties N ':" � and liabilities of the parties hereto, and any provisions of this or other instruments e�ecuted in connection � '. ' �eith said indebtedness which are inwnsistent �rith said Title or Regulations are hereby amended to a conform thereto. �`' ' � � The covenants herein contlined shall bind, and the benefits and advantages shall inure to, the u? �,. _ � �� _. a � J :-' � " — _ � � .s ! �