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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 />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 purposeelsewhere 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 due and payable thirty (30) days after demand bythe Mortgagee. Ili 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 anyof the terms and condi- <br />tions of this inortgage 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 onagents 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 tlierefrom;'tlie 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 />.M,ly 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.paragraplh 2 hereof, will pay <br />promptly when due 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 held 15y the Mortgagee and have -attached theretoloss 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 play male proof of loss if not made promptly by Mortgligor, 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 />maybe 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 .the 1Iortgagor 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, neve- <br />noes, royalties, rights, and other benefits accruing to the Mortgagorunder 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 sand apply them to said indebtedness as well before as.after default intlhe conditions of this <br />mortgage, and the k1ortgagee may demand, sue for and recover any such payments when dile and pay- <br />able, but sliall not be required so to do. This assignment is to terinlnate and 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 work -to be performed 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 on a parity with all <br />other indebtedness secured hereby, and shall be payable thirty (30) clays 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 forthwith to said Mortgagee, to be <br />applied on, ount 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 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 />ness hereby secured, including 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 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 or insured under Title 38, United States Code, <br />such Title and Regulations issued thereunderand in effect on the date hereof shall govern the rights, duties <br />and liabilities of the parties Thereto, and any provisions of this or other instruments executed in connection <br />with said indebtedness which are inconsistent with said Title or Regulations are lhereby 'amended to <br />conform thereto., <br />The covenants :herein contained shall bind, and, the benefits' and advantages shall inure to, the <br />