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<br /> � 6. It he%2te fs�s to gAy any aum or keep any cavenant provided for in this martgage.the Mortgagee,at • •
<br /> �ts option,may pay or pArfarm the same,and ail exgenditures so made shall be added to the principa}sum
<br /> � owiag on the above note,shall be secured hereby. attd shall bear interest untiI paid at the rate Frovided •
<br /> fer in the principal inde6tednesg.
<br /> — , ?. Ugon request of ths Mortgagee,Mo�tgagor shall exece�te and deliver a sugplementsil note�nr notc�
<br /> for the etun or avms advanced by Mortgagee for the alteration,modernizatioi�,oi•img�•otement maaeat
<br /> the Mortgagor's request; or for maintenanee of said premises, or fpr taxes oi•assessments against the
<br /> name, and for any oth�r purpose elsewhere authorized hereunder. Said note o.r notes shall be secured
<br /> �, hereby on a parity with and as fully as if the advance evidenced thereby t�-ere included in the note first
<br /> descrit�ed afwve. Said supplemental noLe or notes shall bear interest at the rate pi•ocided for in the prin-
<br /> --- cipal inde6tedness and shall be payable in approximately equat monthly�aayments far such periad as ma�
<br /> b��greed upon by the Mortgagee and Mortgagor. Failing to agree on the maturit�•.the«•hole of the sum
<br /> - ar;��sns so advanced�.shall be due and payable thirLy (30} days after demand by the:�iortgagee. In na
<br /> c;t�nt shall the maturity extend beyond the ultimate maturity of the note first described above.
<br /> .. � 8. He/she hereby assigns,fzansfe:s and sets aver to tdie Mortgagee,to be applied tnward the payxnent of
<br /> tCr��.pte and all aums secured herebq in case of s default in the perfor=nancs of any of the terms aad condi-
<br /> . `;; �, ti�nt�s of tlzi.�rrQrtgage or the said note,all the rc-nts;r+rt_�ues and income to 6e derived from the mort- �
<br /> � gaged pre��during such time as the mor��:ft�`ri�t�.i�ess s}�aU rernain unpaid;anci the l�fortgagee �
<br /> . shall have power to appninti any agent or agent�it����+i�s:r,.far.�i��urpose of rentin�thn same and col-
<br /> lecting the ren'ts, revenu�and ineorae,and it�v-��,i� ,I��of sai�}iitv�mes all necessar}•commissions and �
<br /> e�penses incurred in renting and managing tisn 1��=a;nd af eoit�tting rentals therefrarn; the balance � �
<br /> _ � �naining,if any,to be applied t���rd tNe dis�zarge��"r�id mortgage indebtedness. � ' � •
<br /> : 9. He%he will contuiuouslq maintain ha�ard iaisurance, of such typ� or types and amounts as �
<br /> s ; Martgagee may from time to time require, a� #he unprovements now or hereafter on �id premises and
<br /> - : except when payment for all such premiu�F�:s theretofore been made under(a)of paragtaph 2 hereof, �
<br /> : w�l pay pru�.ntly when due any gremiu=ns therefor. Upan default thereof, M��rtgagee may pay the s;:me. : "
<br /> ` AI1 inaivaac� sbell be carried ia r�mpanies approvesi li�- the Mortgagee and.f,}te policies and rea�c�als � �
<br /> Wereof str:eIIl F� held by the Mar'��:�ee and t�ave attach�d thereto Io�s�payai�I�clauses in favor of and in � �
<br /> . fann �c.'�l���e to t� Mortgagee. �!n event of loss Mortgagor will �;� immediate notice by mail to the
<br /> IVio .s�� �o may�.e� proof of loss if not snade psomptly by rcurtgagor,aaa each insurance company ��'.�
<br /> '. ca��f�r� �Iigreby authorized a.scd d'uected to make payment for such las_ directly to the Mortgagee � �
<br /> inetead of �r� �e Mortgagor and t�c-Mortgagee joint�y,a..�d the insurance pr�c:r_-eds, or any part thereof,
<br /> may be ap�plied by the Mortgagee az its option either to the reduction of the indebtednes,hereby secared • -}:
<br /> or.b2 the restoration or re�air of the piopert�ds.cnaged, In event of foreclosure of this mastgage,or other �Ir"`,-:
<br /> ; frsu�`'er of titte to the m�rtgaged psopesty irc �xtinguishment of the indebtedness secured hereby,all �'`�''�
<br /> rlght, titte �� intereat of the hfortgagor in and to an<<insurance policies tha� in force shall pass tc rhe -
<br /> . purcha�eroz�antee. —
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<br /> _ • 10. .As additionnl and eollateral security for the payment of the r�c�te clesct�:i,c�d,and all:sums to become '�
<br /> , dae under tiiis mortg�ge�the Mortgagor hereby assigns to the Mortgagee aU [r�;se bonuscs,profit.�, reve- j
<br /> nues,royalti�,rights,and other Ix�=r��fits accruing to the Mo��tgagor under�n;� .�ad all oil and gas t�.��ses
<br /> � nQ�v,or during tne life of this mor.�:�;age, executed on said premises,�c•ith the r��ht to f•ecei�e anci i•eceipt .
<br /> fur t�i�same and apply them to said indebtedness as tivell before as after clefault in the conditions of this ���-
<br /> ; mrjctgage, anct the Mortgagee may demand,�ue for and recover any such payments when due and pay- ?�«f�� �
<br /> : abie,but shall noL be requit•ed so tn do. This assignment is to termiriate and become nu11 and vaid u�on ��
<br /> release of this mortgage. ��'j"
<br /> 11. He/she shall not commit or permit waste;and s�all maintain the property in as gaod condition r::r�at
<br /> - present, reasonable«•ear and tear excepted. Upon any failure to aa maintai», Mortga�;ce,at its aptian,
<br /> may cause reasonable maintenance�tiork to be performed at the cost of Mortgagoi•. Any amounts p,}i�
<br /> . therefor by Mortgagee shall bear interest at the rate provided for in the pri�scipal i�idc�btedness, 511�i11
<br /> thei•eupon become a part of the indebtedness secured by tbi�instrument, rafal�ly a»ci oii u purity with all
<br /> other indebtedness securrd hereby,and shall be payable thitty (30) days aite�• drmand.
<br /> � 12. If the premises, or any part thereof, be condemned under the pou•rr of eminent domain, or
<br /> � acquired for a public use, the damages awarded� the proceeds fnr the talsing uf,nr the consi�ie�•ation for
<br /> ' such acquisitian,to the extent of the full amount of the i•emaining unpaid indc�btedne�s secured by this
<br /> mortgage� or her�by assigned to the Martgagee, and ahall be p�aid fo�•tha�ith io s:ii�� Mui•tg�gee, ta be
<br /> spplied on account of the last maturing installments of such indebtcdness. "
<br /> _,.. 13. If the bToy�tgagor fails to m�ke anv paymenta when due,or to confc►rm ta and camply ��•ith any
<br /> of the conditions or agreements contained in this martgage, ar the �iutcs ��•hich it secures, then the
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<br /> entire principal sum and acerued interest shaU at once become c1uE� and p�y<<blr. at the elrction uf the
<br /> Me�rtgagfe;and this mortgage may thereup�on be foreclosed immediately for the 1sF�o1�� �,f the indebted-
<br /> ness hereby securE�d. i��cludiug the cost vf extending the abstract of title fl•um the d�ate of this md�•t-
<br /> � _ gage to the timE�af commencing such suit�a reasonabl�attorney's fee, and .iny sums paid by the Veterans � .
<br /> �dministration on �ecovnt af the guarunty or insur8n�e bi` the inde�iLeBne�ss se�etn•t�d Iu�t•c�L��,a11 of�shich
<br /> eh�ll be included in t}�e decree o8 forectosure. �
<br /> n_ s_cur..d hQreby b.,gttn2'antc�c��l r.r insiii-c�i iiii�i:•r Titir.��. li��it�ci.�uiEe�s t �,ilr, • �'t -
<br /> � � �4. If�FlE' !I!�_iaFjlni�_nce n n n .,.. �.. r ��
<br /> auch Titic�And Regul�tinns issued thereuncler and in rffrc�t un th�•�lat��h<•reE�f shr�ll gu�•ern th��ri�►hts,�iut i��ti w
<br /> and tiabilities of the partirs hereto,and nny pro�•isirn�s c�f tf�is��r��th��r instram��nt5����rutrci in��nn��rrtiun ' ���
<br /> with s�id indeLtedt►ess which are inr.�n:;istent tvith sa�id '1'itl�� e�r i:t����l;itiun� ;erc• he•e�el►}• :mie�n�l���t t��
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