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,�Ilth the said party of the first part do further covenant to Pay all. taxes,' assessments, municipal or governmental rates, charges
<br />-or impositions which' may be levied or have been levied on said premises, 'or on this' mortgage,; or on the note 'or debt hereby secured; or on the lien
<br />created by this instrument, before the same, or any part 'thereof, shall become delinquent; also to.abstnin from the commission of waste or from per-
<br />mitting waste 'to be committed on said premises, and to:kcep the•buildinga in good repair and insured against loss or damage by fire and windstorm in
<br />companies and in amounts satisfactory to the said party 'of the, second part, his or its successors or assigns, with loss Payable to the Party of the sec-
<br />and part, his or its successors or assigns, as his or its interests shrill appear and deliver to him or it all policies of insurance on said buildings, and the
<br />renewals thereof; and in case of failure to do so, the said party of the second part, his or its successors or assigns, may pay such taxes, assess-
<br />ments, municipal or governmental rates, charges or impositions, make such repairs, or effect such insurance; and the amounts paid therefor, with in-
<br />terest thereon, from the"date of payment, at the rate of nine per cent per annum, shall be collectible with, as part of, and in the some manner as, the
<br />principal sum hereby secured.
<br />Calla the said party of the first part do agree that any monies received on account of any insurance loss, may. at the option of
<br />the party of the second part, his or its successors or assigns, "(a) be applied to repairing or rebuildim in a manner agreed to by, the party of the scc-
<br />'and part, his or its successors or assigns, or (b) be aPplied'toward payment of the indebtedness hereby secured, in a manner to be determined by the
<br />party of the second part, notwithstanding; the same may not then be .due, or (c) be paid to the party of the first part, or the successors in title of the
<br />party of the first part, without effecting the ]slit of this mortgage for the'full amount hereby :secured and remnining unpaid.
<br />Ila the said party of the first part do further covenant and agree that any and all•royalties, monies, rents, profits. damages
<br />or compensation arising directly or indirectly from any and all cont, oil, gas, gravel, or other 'mineral rights, i or leases, or from lthc operation of any
<br />gravel pit or pits, or. from the granting of any easement wlgatsoever, or by reason of the exercise of the right of eminent domain by any corporation or
<br />by any municipal_ county; state or federal government or any' subdivision. or agency thereof, shall at the option of the party 'of- the second Part, his or
<br />its successors or assigns; belong to and bepaidto his or Its successors or assigns. . Any. montes so paid to the Party of the second part shall be-
<br />applied in reduction of .the principal of the indebtedness hereby secured, whether clue or not, or; upon the interest accrued or accruing thereon, or on any
<br />advancements that may have been made under the termti of this mortgage, as the Party of the.second Part, his or its successors or assigns may elect.
<br />And further, the party of the first part do hereby transfer, assign and act over to the party .of the second part any and all .royalties,
<br />monies, rents, profits, damages, or compensation arising in any of the manners and front nny;of the sources above mentioned, and the lessee, assignee,
<br />sub-lessee, successor, or any person and/or corporation holding said royalties, monies, rents, Profits, damages or compensation 'ate hereby directed to
<br />pay and deliver.the same to the party of the second part, his.or its successors or assigns, upon demand therefore by the party of the .second part, his
<br />or its successors or assigns.
<br />Calla. the said party of the first part do hereby agree that in case of default in Payment of any installment of principal or
<br />interest required in the note secured hereby, or in the performance of any: of the covenants herein contained, then, or at any time thereafter, during de-
<br />fault, the said party of the second part, his or its successors or assigns, may without notice,'declare the entire debt hereby secured immediately due
<br />and payable, and thereupon the said party of the second part, his or. its successors orassigns, Wall be entitled to immediate possession of said premises '
<br />;and to collect the rents; issues and profits thereof, and may proceed to foreclose this' mortgage; and upon commencing proceedings for the foreclosure
<br />of this mortgage, shall-be entitled to'the appointment of w receiver to take possession of the premises above described, to collect the rents and profits
<br />of said premises during the pendency. of such foreclosure and, until the confirmation of the foreclosure sale, and out of the same to pay the expenses
<br />of said receivership, to make the necessary repairs and keep said premises in proper condition and repair Pending such sale and confirmation thereof,
<br />to pay all taxes, assessments, municipal or governmental rates,-charges or impositionsaccruing between the commencement of the foreclosure and
<br />confirmation of sale thereunder and all such taxes, assessments, municipal or governmental rates, charges or impositions unpaid and remaining unre-
<br />deemed at or prior to the confirmation of the foreclosure sale, and to pay insurance prcmiu mn`necenunry to keen said premises insured In accordance '
<br />with the provisions of this mortgage, and after paying the expenses of said receivership, said taxes, assessments, municipal or governmental rates.
<br />charges or Impositions and said Insurance Premiums, the said rents and profits shall be applied'toward the payment of the amount due on this mortgage
<br />and the debt hereby secured.
<br />t
<br />pit P.ftiless 1:lherenf, the said party of the first part hn 1re hereunto s/er '�, band= the day and year first above written.
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