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6: If he fails to pay any shim •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 prithcipal sum
<br />owing on the above note, sliall be secured Hereby, and shall bear interest until paid at the rate provided
<br />O for in the principal indebtedness.
<br />7. Upon request of the Mortgagee, Mortgagor shall execute and deliver a supplenieiifA,1 rote 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 />cleseribecl above. Said supplemental note or notes shall bear interest at the rate provided for -in the prin—
<br />cipal indebtedness and sliall 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 clue and payable thirty (30) days after demand by the Mortgagee.'In no
<br />event sliall 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 rents, revenues and income to be derived -frons the'mort-
<br />gaged premises during such time as the mortgage indebtedness shall remain unpaid; and the Mortgagee
<br />sliall have power to appoint any agent or agents it may desire for the purpose of renting the sanle,and col-
<br />lecting the rents, 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; tihe':balaihce
<br />remaining, if any, to be applied toward the discharge of said mortgage. indebtedness.
<br />9. Ire will' continuously maintain hazard insurance, of such type or types and amounts as Mortgagee
<br />slay 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 />prohllptly when, due airy plcnllnMs therefor., Upon default thereof, Mortgagee may pay the same. All
<br />insurance shall be car ri&.li in conVpaihies -Approved by the Mortgagee and the policies and renewals thereof
<br />shall be held by the lforUagee iii ha. v attached thereto lOSS payable clauses in favor of and in form
<br />acceptable to the Mortgagee,R.Ineven:U4'loss'Mbrtgagor will give immediate notice by mail to the Mort-
<br />F:' k
<br />gagee, who may make proof of loss if not made• Romptly by Mortgagor, and each insurance company con
<br />cerne(1 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 liereby 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 and interest of the Mortgagor in and to any insurance policies then in force sliall pass to tlhe
<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, lines other benefits accruing to the Mortgagor under any and all oil and gas leases
<br />now, or during tike 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 due,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, reasonable 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, sliall
<br />thereupon becoine a part of the indebtedness secured by this instrument, ratably and oil a parity with all
<br />other indebtedriess 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 ehhhiihent domain, or
<br />acquired for a public use, tie damages awarded, the proceeds for the taking of,or the consideration for
<br />such acquisition, to the extent of tlhe full amount of the remaining unpaid indebtedness securedby this
<br />mortgage, or liereby assigned to the Mortgagee, and shall be paid forthwith to said Mortgagee, to be
<br />applied on account of tlhe last maturing installments of such indebtedness.
<br />13. If the Mortgagor fails to make any payments when clue, or to confor'nl t0 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 stun and accrued interest sliall at once become dile 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 />I shall be included in the decree of foreclosure.
<br />1 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 -wlhich are inconsistent- with said Title or Regulations are hereby amended to
<br />conform thereto.
<br />1 The covenants herein contained shall bind, and the benefits and advantages sliall inure to, the
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