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6. If Ile 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 oli the above note, shall be secured hereby, and shall bear interest until Haid at the rate provided .
<br />for in the principal indebtedness.
<br />7.1 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 kortgagor'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 qn 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 ofthe 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. IIe •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 timeas the mortgage illdebtedness'sllall 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 din 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. IIe will continuously maintain Hazard insurance, of such -type or types and amounts as Mortgagee
<br />ihay from time to time require, on the improvements now or hereafter on said premises and except when
<br />payment for, all such premiums has theretofore been made under (a) of paragraph 2 hereof, -will pay
<br />promptly when 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 reneNdals 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 immediate notice by mail to the Mort-
<br />gagee, who lilay make 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 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 deduction 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 aiul 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 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 Mortgagee 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 sambe and apply thein 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 wheel due and .pay-
<br />able, but sliall 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'sliall 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 work to be performed at tlle.cost of. Mortgagor. Any amounts paid
<br />therefor by Mortgagee shall bear interest at the rate provided for in he principal indebtecliless, shall
<br />thereupon- become a part of the indebtedness secured by this instkument, ratably and on a parity with all
<br />other iiulel tedness 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 eminent domain, or
<br />acquired for a public use, the damages awarded, the proceeds fol• the taking of,. or the consideration for
<br />such acquisition, to the extent of the full amount of the remaillillg 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 when due, or to conform to and comply with any
<br />of the conditions or agreements contained in this mortgage, or the notes winch it secures, then the
<br />entire principal sum and accrued interest shall at once become due and payable, at the election of the
<br />Mortgagee; and this mortgage may thereupon be foreclosed immediately for the whole of the indebted -
<br />mess 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 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 oi• 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'o)• Regulations are hereby amended .to
<br />conform thereto.
<br />The covenants herein contained shall bind, and the benefits and advantages shall hJure' to, the
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