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6. 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 acid deliver a supplemental. note or notes
<br />for the stim 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 />sante, and for any other purpose elsewhere authorized hereunder. ..Said note or notes shall be secured
<br />hereby ona.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 1Iortgagee and Mortgagor. Failing to agree -oil the maturity, the whole of the sum
<br />or shills 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 tlre• 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 from the mort-
<br />gaged' premises during such time as the mortgage indebtedness shall remain unpaid; and the Mortgagee
<br />shall have pm'�er to appoint any agent or agents it may desire for the.purpose of i.eilting the same and col-
<br />lecting the resits, revenues and income,.aild it may pay out of said incomes all necessary commissions and
<br />expenses incurred in renting and massaging the same and of collecting rentals'therefrom; the'balaiiee
<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 />payment for all such prenliiuns has theretofore been nlade'under (a) of paragraph 2 hereof, will pay
<br />promptly when dile any premiums therefor. Upon default thereof,. Mortgagee may pay the same. All
<br />insurance shall be carried in companies approved by the llortgagee..and the policies and renewals thereof.
<br />shall be held by the 1Iortgagee and have•attaclled thereto loss payable clauses in favor of and in form
<br />acceptable to the 1\1ortgagee. In event of loss Mortgagor will give immediate notice by snail to the Mort-
<br />gagee, who play make proof of loss if not made promptly, by Mortgagor, and each insurance company con-
<br />•cerned is hereby authorized and directed to make.paysnent for such loss directly to the Mortgagee instead
<br />of to the \lortgagor 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 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 thee -Mortgagor 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 sums to become
<br />due under this mortgage, the Mortgagor hereby assigns to the -TIortgagee 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" tile 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 file 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 termiriate and become null and void upon .
<br />release of this mortgage.
<br />11. He shall not commis; 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 asnotints paid
<br />',herefor 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 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 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 \ellen due, or to conform to 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 sum and accrued interest shall at once become clue and payable, at the election of the
<br />,Mortgagee; and this mortgage may thereupon be foreclosed imillediately 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 sums paid by the Veterans
<br />Administration oil account of the guaranty or insurance of the indebtedness secured llereby, 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 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 which are inconsistent with said Title or Regulations are hereby amended to
<br />conform thereto.
<br />Tile covenants herein contained shall bifid, and. the benefits and advantages shall inure to, the
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