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6. If he fails to paIy'Any. sum or, keep' any cbvenaint 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 />�j 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 />V 7. Upon request of the Mortgagee, Mortgagor shall execute and deliver a supplementai•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 note 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 grin-`'' <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 dile 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 or the said note,- all the Tents, 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 refits, 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 liereof; 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, make proof of loss if not made promptly by Mortgagor, and each insurance company con- <br />cerned; is liereby; 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 />inay be applied by the Mortgagee at its option either to the reduction of the indebtedness hereby secured <br />or, to- .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 ancl:`iiiterest 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 Mortgagor hereby assigns to the Mortgagee 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'tne 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 conditions of this <br />mortgage, and the Mortgagee may demand, sue for and recover any such payments when clue and pay- <br />able, but shall not be required so to do. This assignment is to terminate and become null 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, seasonable -wear and tear excepted. Upon any failure to so maintain, Mortgagee, at its option, <br />may cause reasonable maintenance 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) *days 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 of the full amount of the remaining unpaid indebtedness secured by this <br />agee, and shall be paid forthwith to said Mortgagee, to be <br />mortgage, or hereby assigned to the Mortg <br />applied on account of the 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 conditions 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; and this mortgage may thereupon be foreclosed immediately for the whole of the indebted- <br />ness hereby secured, including the cost of extending the abstract of title from the elate 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 (late hereof shall govern the rights, duties <br />and liabilities of the parties hereto, and any provisions of this or other'instruments executed in connection <br />with said indebtedness' which are inconsistent -`with said Title or Regulations are hereby amended to <br />conform thereto. <br />_The- covenants herein contained shall bind, and the benefits and advantages shall inure to, the <br />