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6. If lie fails to pay any sum or keep any covenant provided fail 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 />i.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, anal for any other purpose elsewhere authorized hereunder. Said note or notes shall be secured
<br />hereby on:a parity Nvith and as fully as 'if the advance evidenced thereby were included in the .note first
<br />described above. Said supplemental note or dotes 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 oil the maturity, the whole of the sum
<br />or sums so.advanced shall be due 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 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 most -
<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 tho purpose of renting the saiile-and col-
<br />lecting the refits, 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 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 as Mortgagee
<br />may from time to time require, on the improvements now or hereafter on said premises and except ivllen
<br />payment for _all such premiums has theretofore been made under (a) of paragraph 2 hereof,. AN -ill pay
<br />.promptly when clue any premiums therefor. Upon default thereof, Mortgagee may pay the: Sadie. All
<br />insurance shall be carried in companies approved by the Mortgagee'and the policies and renewals thereof
<br />shall be held 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 iimnediate 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 />corned is liereby 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 part. thereof,
<br />may be applied by the Mortgagee at its option either to the reduction of the indebtechless 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 inextinguishment of the indebtedness secured hereby, all
<br />right, title and interest of the Mortgagor in and to any insurance policies thele ill 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 becoine
<br />due under this mortgage, the Mortgagor liereby assigns to the Mortgagee all lease bonuses, profits, neve-
<br />noes, royalties, rights, and other benefits accruing to the Mortgagor under any and all oil atul'gas leases
<br />now, or during the life of this mortgage, executed on said premises, N �itll the right to receive and receipt
<br />for the same and apply thein to said iIldebtediless as well before as after default in the conditions of this
<br />mortgage, and the Mortgagee inlay demand, sue for and recover any such payments when clue and 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. He shall not commit of permit Nvaste; and shall maiIltain 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 wore: to be.perfornled 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 llereby,'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 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 fortliNvith 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, or the notes which it secures,' then the
<br />entire principal stun and accrued interest shall at once become clue. and payable, at the election of the
<br />Mortgagee; 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 (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 liereby,•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 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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