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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 gilded 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 supplemeiit. ..dote or notes
<br />for the.sum or suiils 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 therekiy were included in the note first
<br />described. above.. Said supplemental note oi. notes shall bear interest at the rate provided for in the -
<br />prin-cipal indebtedness and shall be payable in approximately equal monthly payments for such period as may
<br />be agreed upon by tliZ 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 t11e.Mortgagee. In no ,
<br />event shall the maturity extend beyond the ultimate maturity of the note first described above.
<br />S. I -Ie 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 remail 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 rents, revenues and income, and it may pay out of said incomes all necessary commissions and
<br />expenses incurred in renthig a11d 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 , 1ortgagee
<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.pi•emiums therefor. Upon default thereof, 11Iortgagee may pay the slime. All
<br />insurance sllall-be carried in companies approved by the Mortgagee and the policies and renewals thereof
<br />shall be held by the 1-Iortgagee and have attached thereto loss payable- clauses in favor of and in form
<br />acceptable to the lIortgagee. 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 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 Dart thereof,
<br />may 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 and interest of the lIortgagor 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 dulls to become
<br />due 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 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 conditions of this
<br />mortgage, and. the Mortgagee Inay dei'iandl, sue for and recover any such payments When due *•end 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. Heshall not commit or pbrnlit'Nvaste; 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, 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 takingof, or the consideration for
<br />such acquisition, to the extent of the full amount of the remaining. unpaid 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 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, oi 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 />lortgagee; 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 date of this mort-
<br />gage to the time of commencing such suit, a reasonable attorney's fee, and any suns paid by the Veterans
<br />Adininistration.on account of the guaranty or insurance of the indebtedness secured hereby, all of whim
<br />shall be included in the decree of foreclosure.
<br />14. If the,indebtedness secured hereby be guaranteed or insured colderTitle 38, United States Code,
<br />such Title and Regulations issued: thereunder and in effect on the date 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 I 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
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