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.
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