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<br />6. If lie fails to pay any sum or keep any'covenant provided, for in this mortgage,.the Mortgagee, at
<br />its optio . I . i, may. pay or perform the same, and all expenditures so made shall be added to the principal surft
<br />owing oil the above note, shall be secured hereby, and shall bear interest until paid at the rate provi&d
<br />for in the principal indebtedness.
<br />7. Upon request of the Mortgagee, Mortgagor shall execute and deliver a supplementatnote or notes
<br />-for the sum or sums advanced by. Mortgagee for the alteration, -modernization, or improvement made at
<br />the Mortg - agor'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 inteiest at the rate provided for* in the prin-
<br />cipal iiide6t*ediiess 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 by the Mortgagee. Iii.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 overto the Mortgl�gee, 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'niortgage or the said note, all the rents, revenues and income to be derived from the inoilt-
<br />gaged pr.emises. during such time as the mortgage indebtedness shall remain unpaid; and the Mortgagee
<br />shall fiavd 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 mail aging the same and of collecting rentals theref rom; 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 amountsas Mortgagee
<br />may from time to time require, oil the improvements now or hereafter oil said premises and excelA when
<br />payment for all -such premiums has theretofore been made under (a) of paragraph 2 hereof, will pay
<br />11romptly when due any premiums therefor. Upon default thereof, Mortgagee may pay tile same. All
<br />insurance shall be carried in companies approved by the Mortgagee and the policies and renewals thereof
<br />shall be held by the 1\1ortgagee 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 Make proof of loss if not made proniptly by Mortgagor, and ea6li insu rance *conipany coil-
<br />cerned is'liereby authorized and directed to inake p aynient for such loss directly to the 1),Iortgagee 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 it 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, titl� and interest of the Mortgagor in and to any insurance'policies then in force shall pass,to the
<br />purchaser or grantee.
<br />10. 1 AS additional and collateral security for the' payment of the note describe(], and .111 SLIMS to become
<br />due under this mortga.ge, the Mortgagor lierebyassigns to the Mbrtgagee all lease bonuses,. profits, reve-
<br />nues, royalties, rights, and other bene . fits accruing to the Mortgagor under any and all A andgas leases
<br />now, or.during tile life of this mortgage, executed oil said premises, with the right to receiveand 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 tile 111ortgagee 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 ferminate and become null and void upon
<br />release of this mortgage.
<br />11. He shall not commit or perillit waste; and shall maintain the property in as good condition "is at
<br />present, reasonable wear and tear excepted. Upon any failure'to so maintain, Mortgagee, at its option,
<br />may -Cause 1',chsonable 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 oil a parity with all
<br />other indebtedness secured hereby, and shall be payable thirty (80) days after demand.
<br />12. If the premises, or any part thereof, be condemned under the i power of eminent domain, or
<br />acquired for a public use, the damages awarded, the proceeds for the taking of, or the coils i deration for
<br />such acquisition, to the extent of the full amount of the remaining unpaid indebtedness secured by tlii�
<br />mortgage, or hereby assigned to the Mortgagee, and shall be paid forthwith to said Mortgagee, to be
<br />applied oil accou * iit of the last maturing installments of such -indebtedness.
<br />13. If the Mortgagor fails to make ally payments wl * len due, or to conforin 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 pi-filcipal sum and accrued interest shall at once become due and payable, at the election of the
<br />Mortgagee; and this mortgage may t1lereupon be foreclosed immediately for the whole of tile indebted-
<br />ness licreby: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 hereby, all of',whiell
<br />shall be included in tile 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 ther ' eunder and in effect oil thd (late hereof shall govern the rights, duties
<br />and liabili ' ties of tile 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 th6reto.
<br />The covenants herein contained shall bind, and the benefits and advant��ges shall inure to, tile
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