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<br />,� 6. If he fails to pay an3� sum or ]ceep any covenaut provided for in this mort�nge, the hfortgagee, at
<br /> ita option, may pay or perform the s1me, and nll expenditures so made shall be added to the principal sum
<br /> owing ou the above note, shall be secured hereby, and ahull bear interest until paid at the rate provided
<br /> forin the principulindebtedness.
<br /> 7. Upon request of the h4oi•tgagee, Mortg�gor shall execute and delivei• a supplementa( note or notes
<br /> ffor the sum or sums advanced by Mortgagee for the alteration, modernization, or improvement mude nt
<br /> the Mortgagor's request ; or for maintenance of said premises, or for taxes or nssessments against the
<br /> same, and for any other purpose elsewhere luthorized hereuuder. Said note or notes shall be aecured
<br /> hereby on a parity «�ith and as fully as if the advance evidenced thei•eby ��'ere included in the note first
<br /> described above. Said supplemental note or notes shall bear interest at the rate provided for in the prin-
<br /> cipal indebtedness and shall be payable in npproximutely equal mo�itlily paymeiits for such period as ma3�
<br /> Ue agreed upon by the 1Iortgagee and Mortgagor. Failing to agree on the maturit��, the ���hole of the sum
<br /> or sums so udvanced shall be due and payable thirty (30) days after demzncl by tlie hlortgagee. In no
<br /> event shall tlie maturity extend beyond tlie ultimate maturity of tf�e note fii•st described above.
<br /> 8. He hereby assigns, transfers and sets over to tlle Mortglgee, to be � pplied toward the p<�yment of
<br /> the note and all sums secured hereby in case of a default in the performince of any of the terms and condi-
<br /> ° tio�is of this mortgage or the said note, all the rents, reeenues and income to be deri�•ed from the mort-
<br /> igaged premises during such time as the mortgnge indebtedness slinll remaiu unpaid ; and tlie �Iortgaqee
<br /> shflll ha��e po«�er to appoint any agent or agents it may desire fm• the purpose of renting the same and col-
<br /> � lecting the rents, revenues and income, and it may pay out of said incomes all uecessacy commissions and
<br /> expenses incurred in i•enting and mana�ing the same and of colleeting reutals therefi•om ; the balance
<br /> remaining, if nny, to be applied to��•ard the discharge of said mortgage indebtedness.
<br /> 9. He �vill continuously maintain hazard insurance, of such type or types and amowits as `fortgagee
<br /> may from time to time renuire, on the improvements now or hereafter on saici premises and except �ti•hen
<br /> payment for all such premiums has theretofore been made under (a) of paragraph 2 hereof, �eill pay
<br /> � promptly �vhen due an�• premitmis therefor. Upmi default thereof, 11lortgagee may pay the same. All
<br /> z insurance shall be carried in compnnies approved by the ,llortgagee aud the policies and rene�t�als thereof
<br /> � , shall be lield by the \Iortgagee and have attached thereto loss payable clluses in favor of and in form
<br /> ^ acceptable to the 1Iortgagee. In e��ent of loss 1lfortgagor ���ill give immediate notice by mail to the hlort-
<br /> gagee, «�ho may make proof of ]oss if not made promptly by 1ltortgagor, and each insiu�ance company con•
<br /> cerned is hereby authorized and directed to make payment for such loss directly to the .11ortgagee instend
<br /> of to the Dfortgagor nnd the \Im�tgagee jointly, nnd the insurnnce proceecls, m• any part thereof,
<br /> � may be applied by the Mortgagee ait its option either to the reduction of the indebteclness hereby sectu�ed
<br /> oi• to the restoratiott oi• repair of the property damaged. Iii event of Foreclosure of this moi•tgage, or other
<br /> transfer of title to the mortgaged property in extinguisliment of the indebtedness secured hereby, ali
<br /> right, title and interest of the lfortgagor in and to any insurance policics then in fmre shall pass to the
<br /> ; purchaser or grantee.
<br /> � 10. As additional and collateral security for the paYment of the note described, and all sums to become
<br /> due under this mortgage, the :1lortgagor hereby assigns to the :11m�tgagee all lease bonuses, profits, reve-
<br /> � nues, royalties, i•ights, nnd otlier benefits accruing to the 3fortbagor under anp and all oil and gas leases
<br /> no��-, or during tne life of this mortgage, esecuted on saicl premises, «�ith the right to recei�•e and receipt
<br /> F for the same and appl�� them to said indebtedness as «•e11 before as after default in the caiditions of this
<br /> mortgage, ancl the .11ortgagee may demund, sue for and recover any� such paymeuts ���hen due and pay-
<br /> able, but shall not be requii•ed so to do. This assignment is to tei•minate ancl becomc null and �•oid upon
<br /> rclease of this mortgage.
<br /> 11 . He shall not commit or permit �vaste ; a�id shall maintain thc propert�� in as good condition as at
<br /> present, reasonable «�ear and tear escepted. Upon any failiu•e to so mnintain, :ltorlgagce, at its option,
<br /> may cause reasmiable maintenance «�ork to be performed at the cost of DSortgagor. Any amounts paid
<br /> ' tiicrefor by Mortgagee shall beai• i�itcrest at the rate pi•ovided for in the pri�icipnl indebtedness, sliall
<br /> thereupon become a part of the indebtedness secured by this instrument, rataUly and ou a parity �cith all
<br /> ' other indebtedness seciu•ed hereby, and shall be payable thirty ( 30 ) days after clemand.
<br /> ; 12. If the premises, or nnp part tliereof, Ue condemned undcr the po��•er of emiuent domain, or
<br /> acquired for a puUlic use, the damages a�anrded, the proceeds for Che talcing of, or the consideration for
<br /> - such acyuisition, to the extent of the full amount of the remaining unpaid indebtedness secured by this
<br /> mortgage, or hei•eby assigned to the Mortgagee, and shall be paid foi•th��� ith to said :�lortqaqee, to be
<br /> npplied on account of the ]ast mahu•ing installments of such indebtedness.
<br /> _,' 13. If the �Iortg•agor fails to malce any paymettts when due, or to conform to <1nd compl}• �cith any
<br /> of the conditions or agreements contained in this mortgage, or the notes n•hich it secures, then the
<br /> � entire principll sum and necrued interest shall at once become due and pa}•able, at the election of the
<br /> �' .17ortgagee ; and this mortgage may thereupon be foreclosed immediltel�� for tlie �vhole of the indebted-
<br /> ness hereby secured, including the cost of extending the abstrttet of title from tlte date of tltis mort-
<br /> gage to the time of commencing such suit, a reasonable attorney's fee, and an}� sums paid by tlie �'eterans
<br /> ; Administration on account of tlie guaranty or insurance of the indebtedness secured hei•eby, all of «�hich
<br /> ' shall be included in tlie decree of foreclosuc•e.
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<br /> 14. If the indebtedness securnd hereby be guarantced or insured tmder Title 38, United States Code,
<br /> such Title and Requlations issued thereunder and in etFect o�i the datc licreof shall go�•ei•n the rights, duties e� �: .
<br /> and liabilities of the pnrties hereto, and any pro�•isions of this or other instruments executed in connection � '.•
<br />� with slid indebtedness which are inconsistent �ti•ith snid Title m• Regulations are hereby amended to d, ,
<br />� conform thereto. rcp. '
<br />',����' The covenants herein conlained shall bind, and the benefits and adv.intages sha11 inure to, the �!j
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