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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 payor perform the same, and all expenditures so made shall be added to the principal sum
<br />!` 1 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 were included in the note first -
<br />described above. Said supplemental note or notes shall bear interest at the rate provided for in the 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. 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 lIortgagee. In no
<br />event shall the •maturity extend beyond the ultimate maturity of the note first described above.
<br />S. 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 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 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 tinerefroin;' 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 />payni6iit for all such premiums has theretofore been made under'Qt) of paragraph 2 hereof, will pay
<br />promptly whein clue 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 lheld 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 matte 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 lIortgagee 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 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 ti,ie indebtedness secured hereby, all
<br />right, title and interest of the Mortgagor in and to any insurance policies then in force shall pass to tiie
<br />:purchaser or grantee.
<br />10. As additional and collateral security for the payment of the mote described, and all sums to become
<br />due under this mortgage, the Mortgagor liereby assigns to the lIortgagee 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 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 becone 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'rnairntain, lIortgagee, at its option,
<br />may cause reasonable maintenance work to be performed at the cost of Mortgagor. Any anhotints 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 enninent 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 />mortgage, or hereby assigned to the Mortgagee, and shall. be paid forthwith to' said lIortgagee, 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 clue, or to conform to and comply with any
<br />of the conditions or agreements contained in this mortgage, or the notes which it secures, .thein the
<br />entire principal stun and accrued interest, shall at once become due.."And payable; at the election of the
<br />lIortgagee; and this mortgage may thereupon be foreclosed immedir tely for the, whole of the indebted-
<br />ness hereby secured, including the cost of extending the abstract of title from the (late 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 />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 ontlhe (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 *e 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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