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6. If he 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 <br />owing on the above note, shall be secured hereby, and shall bear interest•until paid at the rate provided <br />for in the principal indebtedness. <br />7. Upon request of the Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes <br />for the sum or sums advanced by Mortgagee for the alteration, modernization,, or improvement made at . <br />the Mortgagor's request; or for maintenance of said premises, or for taxes or assessments against the <br />same, and for any other purpose elsewhere authorized hereunder. Said nnote or notes shall be secured <br />hereby on a parity with and as fully as if the advance evidenced thereby were 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 approximately equal monthly payments for such period as may <br />be agreed upon by the Mortgagee and Mortgagor. Failing to agree on the maturity, the whole of the sum <br />or sums so advanced shall be due and payable thirty. (30) days after demand by the Mortgagee. In no <br />event shall the maturity extend beyond the ultimate maturity of the, note first described above. <br />8. He 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 condi- <br />tions of this mortgage orthe said note, .all the rents, revenues and income to be derived from the mort- <br />gaged premises during such time as the mortgage indebtedness shall remain unpaid; and the Mortgagee <br />shall have power to appoint any agent or agents it may desire for the purpose of renting the same and col- <br />lecting the resits, revenues and income, And it may pay out of said incomes all necessary commissions and <br />expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance <br />remaining, if any, to be applied toward the discharge.of said mortgage indebtedness. <br />9. He will continuously 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 <br />payment for all such premiums has theretofore been made under .(a) of paragraph 2 hereof, will pay <br />promptly when due any premiums therefor. Upon default thereof, Mortgagee may pay the same. ; All <br />insurance shall be carried in companies approved by.the Mortgagee"and the policies and renewals thereof <br />shall be held by the Mortgagee and have attached thereto loss payable clauses in favor of and in form <br />acceptable to the Mortgagee. In event of loss Mortgagor will give immediate notice by mail to the Mort- <br />gagee, who may male proof of loss if not.made promptly by Mortgagor, and each insurance company con- <br />corned is Hereby authorized and directed. to make payment for such loss directly-to the Mortgagee instead <br />of to the Mortgagor and the Mortgagee jointly, and the insurance proceeds, or any part ,thereof, <br />may be applied by the Mortgagee at its option either to the reduction of the indebtedness hereby secured <br />onto the restoration or repair of the property damaged. In event of foreclosure of this mortgage, or other <br />transfer of: title to the mortgaged property in extinguishment of the indebtedness secured hereby, all <br />right, title and interest of the Mortgagor in and to any insurance policies then in force 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 />clue under this mortgage, the llortgagor.lnereby assigns to the I ortgagee all lease bonuses, profits, reve- <br />nues, royalties, rights, and other benefits accruing to the Mortgagor under any and all oil and gas leases <br />now, or during the life of this mortgage, executed on said premises, with the right to receive and receipt <br />for the same and apply them to said indebtedness as well before as after default in the conditioiis of this <br />mortgage, and"the Mortgagee may demand, sue for and recover any such payments when flue and pay- <br />able, but shall not be required so to do. ,This assignment is to terminate and become hull and void upon <br />release of this mortgage. <br />11. He 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, <br />may cause reasonable mainntenance work to be performed at the cost of Mortgagor. Any amounts paid <br />therefor by Mortgagee shall bear interest at the rate provided for in the principal indebtedness, shall <br />thereupon become a part of the indebtedness secured by this instrument, ratably and on a parity with all <br />other indebtedness secured hereby, and shall be payable thirty (30) clays after demand., <br />12. If the premises, or any part thereof, be condemned under the .power of eminent 'domain, or <br />acquired for a public use, the damages awarded, the proceeds for the taking *of, or the consideration for, <br />such acquisition, to the extent or the full amount of the remainingunpaid indebtedness secured by this <br />mortgage, or,hereby assigned to the Mortgagee, and shall be paid forthwith to said Mortgagee, to be <br />applied on account of tlie;last maturing installments of such indebtedness. <br />13. If the Mortgagor fails to make any. payments when due, or to conform to and comply with any <br />of the condition's or agreements contained in this, mortgage, or the notes which it secures, then' the <br />entire principal -'sum and accrued interest shall at once become due and payable, at the election of the <br />• Mortgagee; andltliis mortgage may thereupon be foreclosed immediately for the whole of the indebted- <br />ness liereby secured, -including. the cost,of *extending the abstract of title from the date .of this mort- <br />gage to the time of commencing such suit, a reasonable attorney's fee; and any sums paid by the Veterans <br />Administration on account of the guaranty or insurance of the indebtedness secured hereby, all of which <br />'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, <br />such Title and Regulations issued thereunder and in effect on the date hereof shall govern the rights, duties <br />A.0 liabilities of the parties hereto, and any provisions of this or other instruments executed in connection . <br />wnd with said indebtedness which are inconsistent with said Title or Regulations are liereby. amended to. <br />