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<br /> 6. If he faila to pay any sum or keep any covenant provided for in thia mortgage, the Mortgagee, at
<br /> ite option, may pay or perform the satne, and all expenditures ao made shall be added to the principal sum
<br /> owing on the above note, shall be secured hereby, and shall bear inte>rest until paid at the rate pi•ovided
<br /> (� for in the principal indebtedness.
<br /> 1 ' 7. Upon request of the Mortgagee, Mortgagor ahaU execute and deliver a supplemental note or notes
<br /> for the sum or suma advanced by Mortgagee for tihe alteration, modernization, or improvement rnade at
<br /> the Mortga�or's requeat ; or for maintenance of said premises, or fuz• taxes or assessments against the
<br /> eame, and for any other purpose elsewhere authorized hereunder. Said note or riotes shall be secured
<br /> hereby on a parity �sith and as fully as if the advance evidenced thereby� ��ere included in the note first
<br /> described above. Said supplemental note or uotes shall bear interest at the rate provided for in the prin-
<br /> cipal indebtedness and shall be payable in approximately equal monthly� paym�:•nts for such period se may
<br /> be agreed upon by the Mortgagee and Mortgagor. Failing to agree on ttie maturity , the µ�hole of the sum
<br /> oi• aums so advanced shall be due and payable thirty ( 30 ) da�•s after demand by the 31oe•tgagee. In no
<br /> event shall the matui•ity extend beyond the ultimate matui•ity of the riote first desci•ibed above.
<br /> 8. He hereby assigns, transfers and aets over to the Mortgagee, to be xpplied toward the payrnent of
<br /> the note snd s!2 sums secui•ed hereby in case of a default in the perfoi•mance of any of the tei•ms and condi -
<br /> tiona of this mortgage or the said nute, all the renta, revenues and income to be deri� ed from Lhe mort-
<br /> �aYed premises during such time as the mortgage indebtedness shall remain unpaid ; and the Diortgagee
<br /> ehall haa�e power to appoint any agent or agents it may desire for the pw•pose uf' r� •nting the same and col-
<br /> lecting the rents, revenuea and income, and it may pay out of said incomes all necessaiy commissions and
<br /> expenaes incurred in renting and mansging the same and of collectinq rentals therefrom ; thc balance
<br /> remaininY, if any, to be applied tow•ard the diacharge of said moi•tgagr indebtedness .
<br /> 9. He will continuously� maintain hazard insurance, of such type or tl�pes and amounts as :4lortgagee
<br /> may from time to time require, on the impro��ements now or hereafter on said premises and except when
<br /> pa��ment for all such premiuma has theretofore been made under ( a ) of paragraph 'L hereof, ��• ill pay
<br /> promptly wheii due any preniiums therefor. Upon default thereof, Mortgagc�e may pay the aame. All
<br /> insurance ahall be cai•ri�d in companies approved by the Mortgagee and the policies and z•ene�+�als thereof
<br /> shall be held by the 4lortgagee and have attached thereto loss payable clauses in fa��m� of and in form
<br /> acceptable to the blortgagee . In event of losa ibfoi•tgagor ti•il1 gice imrnediate natice by mail to the Moi•t-
<br /> gaQee, w�ho may make proof uf losa if not made promptl}� by Murtgagoe•, and cach insurance company con-
<br /> cerned is hereby suthorized and directed to make papment for such luss directly to the 1lortgagee inatead
<br /> of to the :1lortgagor arid the Dlortgagee juintly, and the insui•xnce pi•oceeds, or xny� part thereof,
<br /> may be apj�lied by the Mortgsgee at ita option either to the reduction of the indebtedness hereby secured
<br /> ur to the restoratiat or repai r of the property damaged . ln e��ent of foreclusure of th is mortgage, or other
<br /> transfer of title to the mortgaged property in extinguishment of the indebte�lni�ss secured hereby, ail
<br /> right, title and intez•est uf the :�fortgagor in and to any insurance policie�s then iti Y'ot•ce shall pass to the
<br /> purchaser or grantee.
<br /> 10. As additionEil xnd cc� llateral security for the pa��ment of the note �lescrib��d , an�l ell sums to t�ecome
<br /> due under this mortg•age, the Mortgagor hereby assigns to the Dlortgagec all lease bouuses, profits , reee-
<br /> nuee, royaltiea, riyhts, nnd other benefits accruing to the Mortgagor under any and all oil and gas leasea
<br /> now, or during tne life of this mortgage, executed on said premises, ��� ith the right to recei ��e and receipt
<br /> for the same and appl�• them to said indebtedness as ��•ell before as after default in the conditions of this
<br /> mui•t�aQe, xnd the '_lfurtgagc�e may demand, sue for and recover any sucti puyments cchen due and pay�-
<br /> able, but ahall not be requirc:d so to do. This assigument is to terminate and become null and �•oid upon
<br /> releaae of thia mortgay�e.
<br /> 11 . He ahall not commit or pez•mit u�aste ; and shall maintain the pz•opert>- in as guod co�iditiun as xt
<br /> present, reasonable �ceai• and tear excepted. Upun a�iy failure to so maintai �i , Mortgxgee, at its option,
<br /> ma�• cause reasonable maintenance ���ork to be performed at the coat of Mortgagor. Any� amounts paid
<br /> therefor by Mui•tgagee �hall bear intereat at the rate provided for in the pi• incipal inde�tedneas, shail
<br /> thereupon become a part of the indebtedness secured by this instrument, ratabl�� and on a p:�rity with all
<br /> other indebtednrse srcured hereuy, and shall be payable thirty ( 30 ) day�s aft�•r �lemand.
<br /> 12. If the premises, or any part thereof, be condemncd under the po�cer uf eminent c9omain, or
<br /> sscquired for a public use, the damages awarded, the proeeeds for the taking of, or the cc�nsideration for
<br /> auch aequisition, to the extent uf the full amount of the remaining unpaid indebtedness srcured by this
<br /> mortgage, or hereb�� assigned to the Mortgaqee, and shall be paid fui•tti �� ith to ,a� id Moi•tgagee, to be
<br /> spplied on account of the last matui•ing installments uf auch indebtedness.
<br /> 13. If the Mortgagor faila to make anY payments when due, or to ronfoi•m to and comply H• ith any
<br /> of the conditions o:• agreements contained in this mortgage, ur the n�,tes �� hich it arcures, then the
<br /> entire principal sum ancl accnied intPrest. ahall at � n��P be�r��mE� due ar. �l p.i3�abl ,� , ut thc ,1���ti��n �,l the
<br /> MortgaQee ; and this mortgage may thereupon be foi•eclosed immedi &tel�� for the ��•holc of the indc-Uted-
<br /> nesa hereby secured, including the coat of extending the abstract of title from the date of this rnort-
<br /> gage to the time of commenciny such suit, a reasonable attorney's fee, aiid auy , ums paid by� the �'eterana
<br /> Administration on arcount of the guaranty or insurance of the iridrLtednrss ,ecui•ed her��by, all of w�hich ;
<br /> shsll be included in the decree of forecloaure.
<br /> 14. If the indebtednese aecured hereby be guarantced ur insured under Title 38, Ilnited States Co�ie, °3 " ' '
<br /> auch Titlt and Resulations iasued thereunder and in effect on the date hereof shall govern the rights, duties J �� t
<br /> and liabilities of the partiea hereto, and any provisions of this or c�ther instruments exe�cuted in connection - �r�``
<br /> wibh said indebtedt�ess which are inconaistent with said Title or Regulations are hereby xmendrei to
<br /> con!crm thereto.
<br /> The rnvensnte herein contained shall bind, and the benefits and advantages shall inui•e to , tht� �'
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