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G. If lie 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 note or notes shall! be secured <br />hereby on a parity with and as fully as if the advance evidenced thereby «ere included in the note first <br />described above. Said supplemental note or notes shill bear interest at the rate provided for in tlie.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. railing to agree, on the maturity, the whole of the sum <br />or suims so advanced shall be clue 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 llortgagee,.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 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*agelits it may desire for the purpose of renting the saine and col- <br />lecting the refits, revenues and income, and it may pay out of said incomes all necessary commissionsand <br />expenses indirred in renting and managing the same afid of collecting rentals therefrom; .the balance <br />remaining, if any, to be applied toward the discharge of said mortgage indebtedness. <br />9. IIe,Will continuously maintain hazard insurance, of such type or types and amounts'as.11ortgagee <br />may from time to tine require, on,the improvements now, or hereafter on said premises and except when <br />payment for all •suicli premiums has theretofore been made under (a) of paragraph 2 lle.reof,, Will pay <br />promptly when due any premiums tlierefor. Upon default thereof, Mortgagee may pay the same. All <br />insurance shall be carried in companies approved by the Mortgagee and the policies and ren6vals thereof <br />shall be held by the Mortgagee and have attached thereto loss payable clauses in favor of and' in form <br />acceptable to,tlne 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 1lortgagor, 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 1Iortgagee' 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 in(lebtedness herebjr.secured <br />or to the restoration or repair of the property damaged. Ill event of forec!osure 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 an'l collateral security for the payment of the note described, and all sums to become <br />' clue under this mortgal;e, the Mortgagorhereby assigns to; the lIortgagee all lease bonuses, profits, rove- <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 oil 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 lIortgagee may demaiid, sue for'and recover any such payments When due and pay- <br />able, but shall.not be required so to do. -This assigfimentiis to terminate incl 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 wort: to be perforined:; 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 oil a parity:'with all <br />other indebtedness secured hereby, and shall be payable thirty (30) days alter 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 secuired 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 malce' any payments when clue, or to confornn to and comply with any <br />of the conditions or agreements contained in this, mortgage,. or ,the notes Wh1Ch it secures, then the <br />entire principal sum and accrued interest shall at once Become dile and payable, at the election of the <br />• lIortgagee; and this mortgage may thereupon be foreclosed immediately for the whole of the indebted- <br />ness hereby secured, i►lclucling 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 aiiy 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 lnereby amended to <br />conform thereto. <br />..The covenants herein contained shall bind, and the benefits, and advantages shall inure . to, the <br />