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<br />6. If he /she fails to pay Any sum or keep any covenant provided for in this mortgage. the Mortgagee, at
<br />its option may pay or perform the same, and all expenditures so made shall be added to the principal sum owing
<br />on the above note, shall be secured hereby, and shall bear interest until paid at the rate provided for in the prin-
<br />cipal indebtedness.
<br />7. Upon request of the Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes for
<br />the sum or sums advanced by Mortgagee for the alteration, modernization, or improvement made at the Mort-
<br />gagor's request; or for maintenance of said premises, or for taxes or assessments against the same, and for any
<br />other purpose elsewhere authorized hereunder. Said note or notes shall be secured hereby on a parity with and
<br />as fully as if the advance evidenced thereby were included in the note first described above. Said supplemental
<br />note rw notes shall bear interest at the rate provided for in the principal indebtedness and shall be payable in
<br />approMantely equal molt bly-1pyments for such period as may be agreed upon by the Mortgagee and Mortgagor..
<br />Failing to agree on the maturity,. the whale of the sum or sums so advanced shall be due and payable thirty (30)
<br />days. after demand by the Mortgagee. lit ao, event shall the maturity exten& beyond the ultimate maturity of the
<br />aotg first described above.
<br />ff. He /she hereby assigns, transfers and sets over to the Mortgagee, to be applied toward the payment of
<br />the note and all sums secured hereby in case of a default in the performance of any of the terms and conditions,
<br />of this mortgage or the said note, all the rents, revenues and in uj. to be derived from the mortgaged premisM:
<br />duripS. such time as the mortgage indebtedness shall remain unpaid. and lhi , Mortgagee shall have power tv :tr(a
<br />poiiiG n uy agent or agents it may desire for the purpose of rentitr the souls and collecting the rents, reveu)tit',
<br />and income, and it may pay out of said.incomes all necessary coiiali fissions and expenses incurred in renting -414.
<br />managing the same and of collecting, rentals therefrom; the balaj, e.= remaining, if any,. to be applied t�rwws the
<br />discharge of said mortgage lndebtedees�i,
<br />9. He /she will continuoµsly maintain hazard insurance, of such type or types and amounts as Mortgagee
<br />may from time to time require; on the improvements now or hereafter on said premises and except ,when pay-
<br />ment for all such premiums has theretefoTe been made under (a,), of paragraph 2 hereof, will pay promptly when
<br />due any premiums therefor. Upon defx& thereof. Mortgagee may pay the .same. All insurance shall be carried
<br />in companies approved by the Nfortgaget and the policies and renewals th�rcof shall be held by tk Mortgagee
<br />and have attached thereto loss payable clauses in favor of and in form Acceptable to the Mortgagee. In event
<br />of loss Mortgagor will give immediate notice by mail to the Mortgagee, who may make proof of loss if not made
<br />.promptly by Mortgagor, and each insurance company concerned is hereby authorized and directed to make pay-
<br />ment, for such loss directly to the Mortgagee instead of to the Mortgagor and the Mortgagee jointly, and the
<br />insurance proceeds, or any part thereof may be applied by the Mortgagee at its option either to the reduction
<br />of the indebtedness hereby secured or to the restoration or repair of the property damaged. in event of foreclosure
<br />of this mortgage, or other transfer of title to the mortgaged property in extinguishment of the indebtedness secured
<br />hereby, all right, title and interest of the Mortgagor in and to, ,any insurance policies then in force shall pass
<br />to the 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 Mortgagor hereby assigns to the Mortgagee aO lease bonuses, profits, revenues,
<br />royalties, rights, and other benefits accruing to the Mortgagor under any and all oil and gas leases now, or dur-
<br />ing the life of this mortgage, executed on said premises, with the right to receive and receipt for the same and
<br />apply them to said indebtedness as well before as after default in the conditions of this mortgage, and the Mort-
<br />gagee may demand, sue for. acrd recover any such payments when due and payable, bitt shall not be required
<br />so to do. This assignment is to terminate and become null and, void upon release of this mortgage.
<br />11. He /she shall -not commit or permit waste; and shall maintain the property in as good condition as at .
<br />present, reasonable wear and tear excepted. Upon any failure to so maintain, Mortgagee, at its option, may cause
<br />reasonable maintenance work to be performed at the cost of Mortgagor. Any amounts paid therefor by Mort-
<br />gagee shall bear interest at the rate provided for in the principal indebtedness, shall thereupon become a part.
<br />of the indebtedness secured by this instrument, ratably and on a parity with all other indebtedness secured hereby,
<br />and shall be payable thirty (30) days after demand.
<br />12. If the premises, or any part thereof, be conde=ed under the power of eminent domain, or acquired
<br />for a public use, the damages-awarded, the proceeds for the taking of, or the consideration for such acquisitionk
<br />to the extent of the full amount of the remaining unpaid iridebtec hits secured by this mortgage, or hereby assign-
<br />ed to the Mortgage, and shall-be paid forthwith to said Marsgag�e, to be applied on account of the last maturing
<br />installments of iuclt.indebtednass.
<br />11, If the Morigagor fails to make any payments w#ien-due, or to conform to and comply with any of the
<br />conditions or, agreements contained in this mortgage, or the nct.Os which it secures, then the entire principal sum
<br />and accrued interest shall at once become due and payable, at the election of the Mortgagee; and this mortgage
<br />may thereupon be foreclosed immediately for the whole of the indebtedness hereby secured, including the cost
<br />of extending the abstract of title from the date of this mortgage to the time of commencing such suit, a reasonable
<br />attorney's fee, and any sums paid by the Veterans Administration on account of the guaranty or insurance of
<br />the indebtedness secured hereby, all of which shall be included in the decree of foreclosure.
<br />14. If the indebtedness secured hereby be guaranteed or insured under Title 38, United States Code, such
<br />Title and Regulations issued thereunder and in effect on the date hereof shall govern the rights, duties and liabilities
<br />of the parties hereto, and any provisions of this or other instruments executed in connection with said indebtedness
<br />which are inconsistent with said Title or Regulations are hereby amended to conform thereto.
<br />The covenants herein contained shall bind. and the benefits and advantages shall inure to, the respective
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