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<br /> 6. If }te fails to pay� nny sum or ]ceep any covenant provided for in this mortgage, the Mortgagee, at
<br /> its option, may pay or perfoi•m the same, and all expei�ditures so made shall be added to tlie principal sum
<br /> o�eing on the above note, shall be aecured hereby, and shall bear interest until paid ut the rate provided
<br /> forin the principalindebtedness.
<br /> , �^ 7. Upon request of the Mortgagee, Mortgngor shnli execute and deliver a supplemental note or notes
<br /> � for the sum or sums �tdvanced by Mortgagee for the alteration, modernizatimi, or improvement mnde at
<br /> the Mortgagor's request ; or for maintenance of said premises, or for taxes oi• assessments agninst the
<br /> same, and for nny other purpose elsewhere authorized hereunder. Said note or notes shall be secured
<br /> hereby on a parity ���ith nnd as fully ns if the advance evidenced thereby �rere 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 indebtedness and shall be payable in approximately equal monthly payments for such period as may
<br /> ; be agrecd upon by the 1Iortgagee and Mortgagor. Failing to agree on the maturity, the whole of the sum
<br /> � ' or sums so ndvanced shall be due and payable thirty (30) days after demand by the llortgugee. In no
<br /> event shall the maturity extend beyond the ultimate maturity of the note fiist described above.
<br /> 8. He hereby assigns, transfers and sets over to the hlortgugee, to be applied to�vard the payment of
<br /> ' the note and all swns secured hereby in case of a default in the performance of any of the terms and condi-
<br /> tions of thia mortgage or the said note, all tlie rents, revenues and income to be deri��ed from the moi•t-
<br /> gaged premises during such time as the mortgage indebtedness shall remain unpnid ; and the llortgagee
<br /> slinll have power to uppoint any� agent or agents it muy desire for the purpose oP renting the same a�id col-
<br /> lecting the rents, re��enues and income, and it ma3� pay out of said incomes all necessary commissions and
<br /> expenses incurred in renting aud managing the same and of collecting rentals theretlrom ; the balance
<br /> remaining, if any, to be zpplied toward the discharge of said mortgage iiidebtedness.
<br /> 9. He will continuousiy maintain hazard insurance, of such type or types and amounts as 1lortgagee
<br /> �� may from time to' Lime<t.�e�uire, on the improvements now or hereafter on said premises and except �vhen
<br /> ` payment foi all ;sticTi' ple.miums has theretofore been made under (� ) of paragraph 2 hereof, �vill pay
<br /> promptly «�lien due apy pi•emtums therefor. Upon default thereof, hiortgagee may pay the same. All
<br /> .� insurance sl�aU be,aai�t�l in compunies approved by the llortgagee and the policies 1nd rene�vnls thereof
<br /> shall be held by' tHe i�'fmkgagce and have attnclied thereto loss payable clauses in favoi• of and in form
<br /> ' acceptable to the �\Ioi•tgagee. In e��ent of loss lfortgagor �cill give immediate notice by mail to the hlort-
<br /> gagee, who may malce proof of loss if not made promptly by Mm�tgagor, and each insurance compnny con-
<br /> cerned is hereby authorized and directed to make payment for such loss directl}• to the \fortgagee instead
<br /> of to the .14ortgagor nnd the :liortgagee jointly, and the insurance proceeds, or any plrt thereof,
<br /> � may be applied by� the Mortgngee at its option either to the reduction of the indeUtedness hereb�• secured
<br /> or to the restoration or rcpair of the property damaged. In e��ent of foreclosure of this mortgage, or other
<br /> transfer of title to the mortglged property in extinguishment of the indebtedness secured hereby, all
<br /> right, title and interest of the Diortgagor in and to any insurance policies then in force shall pass to the
<br /> pui•chaser or grantee.
<br /> 10. As additional and collaterll security for the payment of the note described, and all sums to Uecome
<br /> f due under this mortgage, the llortgagor hereby assigns to the llortgagec all ]else bonuses, profits, re��e-
<br /> �;' nues, royalties, rights, and other benefits accruing to the iiortgagor under any and all oil and gas leases
<br /> `s no«•, or during tne ] ife of this moi•tgage, executed on said pi•emises, ���ith the i•ight to i•ecei�•e a�id receipt
<br /> # for the same and appl�� tliem to saicl indebtedness as ��•ell beforc as after defaiilt in the conditim�s of this
<br /> � mortgage, and the l[ortgagee may demand, sue for and recoeer any such payments ���hen due and pay-
<br /> able, but shall not be required so to do. This assignment is to terminate and Uecomc null and �•oid upon
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<br /> release of this mortgage.
<br /> 11 . He shall not commit or permit �vaste ; and shnll maintain the property in as good condition as at
<br /> ° pi•esent, reasonable �ti•eai• �nd tear excepted. Upon any failure to so maintain, 3ioi•tgagee, at its option,
<br /> may cause i•easonable maintenance �rork to be performed at the cost of Bfortgagor. �n}� amounts paicl
<br /> lherefor by Mortgagee shnll bear interest nt the rate pro��ided for in thc principal indebtedness, shall
<br /> � thereupon become 1 part of the indebtedness secured by this instrument, ratably and on a pnrit�• «•ith all
<br /> � other indebkedness sectu•ed hereby, and shall be payable thirty (30) da��s aftcr demand.
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<br /> � 12. If the premises, or nny part thereof, be condemned under the pon•er of eminent domain, or
<br /> ; acquired for a puUlic use, the damnges awarded, the proceeds for tlie talcing of, oi• the consideration for
<br /> '� such acquisition, to the extent of the full amount of the remaining unpaid indebtedness secured by this
<br /> mortgage, or hereby assigned to the blortgngee, and shall be paid forth�rith to said 111ortgagce, to be
<br /> �: applied on account of Uie last maturing inst:tllments of such indebtedness.
<br /> ` 13. If the 1lortgagor fails to make any payments when due, or to conform to and comply �eith any
<br /> of the conditions or agreements contaitied in this mortgagc, or tlie notes ���hich it secui•es, tlieti the
<br /> entire principal sum and accrued interest shall at ouce become due and p.iyable, at the election of the
<br /> lfortgagee ; and this mortgage may thereupon be foreclosed immediately for the �cholc of the indeUted-
<br /> ness hereby seciu�ed, including the cost of extending the abstract of title from lhe date of this mort-
<br /> gage to the time oF commencing such suit, a reasonable attorne5•'s fee, and an}� sums p.iid by the Veterans
<br /> Administration on account of the guaranty or insurance of the indebtedness secured hereby, all of �chich
<br /> shall be included in the decree of foreclosure.
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<br /> 19. If the indebtedness securnd hereby be guaranteed or insured ut�der Title 38, United States Code, � �
<br /> such Title and Regulations issued thereunder and in effect on the date liereof shall govern the rights, duties N :'/•
<br /> � 1nd liabilities of the parties hereto, and any provisions of this or other instruments executed in connection � " '.
<br /> with said indebtedness which are inconsistent «�ith said Title or P.egulations ,u•e hereby amended to ;�
<br />�; conform thereto. r�
<br />� The co��enants herein contlined shail bind, and the benefits and �civanfages sh111 inure to, the �
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