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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 Opti6n, may pay or perform the same, and all expenditures so made shall be added to the principal sum
<br />oNving oil thd above note, shall be secure. . d hereby, and shall'bear interest until paid at the rate provided
<br />for in theyrfficipal indebtedness.
<br />7. Upon �equest of the Mortgagee,. Mortgagor shall exe�� ute and deliver a sti I ppleillental note'or notes
<br />for the'sum * or sums advanced by Mortgagee for the alteration, modernization, or improvement, made at
<br />tile Mortgagor's request; or for maintenance of said premises, or for taxes or assessments against the
<br />same, and for lily other purpose elselviiere authorized hereunder. Said note or notes shall be secured
<br />hereby oil a,parity Nvith and as fully as if the advance evidenced thereby were hicluded in the note first
<br />described above. Said supplemental note or notes shall bearlinterest at tile rate 1 rovided for in the prin-
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<br />cipal indebtedness aiid shall be payable in approximately eqi ' ial n�`Ontlily payments for such period as may
<br />be agreed upon by tile 111ortgagee and Mortgagor. Failing td agree oil the niatur.ity, the whole of the sum
<br />or sunis so advanced shall be due and payable thirty (30) days after demand by the Mortgagee. Ill no
<br />event shall the maturity extend beyond the ultimate inaturi�y of the note first described above.
<br />8. He. hereby assigns, transfers and sets over to the Mortgaged, to be applied toward the payment of
<br />the note and all sums secured hereby in case of a default ill the performance of any of the terms and condi-
<br />tiolls of this.niortgage or the said note, all the rents, revenules and income to be derived from tile mort-
<br />gaged premises during such time as the mortgage indebtedness shall remain unpaid; and tlie: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 4 said incomes all necessary commissions and
<br />expenses incurred in renting and managing the same and!of collecting i-eiitalg therefrom; the balance
<br />reinaining,if any, to be applied toward the discharge of said;niortgage indebtedness.
<br />. 9. He will continuously maintain hazard insurance, of'such type oi- types and amounts as Mortgagee
<br />may from time to time require, oil the improvements now o hereafter oil said promises and exnpt when
<br />payment for all such premiums has theretofore been made under' (a) of paragraph 2 hereof, will pay
<br />promptly wl ' ibn due lily premiums therefor. Upon default diereof, Mortgagee may pay the same. , All
<br />insurance shall be carried in companies approved by the Morltgagee.,And tile policies and renewals thereof
<br />shall be held by the )IJortgagee and have attached theKeto loss payable clauses in favor of and in form
<br />acceptable to, the 111ortgagee. In event of loss Mortgagor Nv'�ll give immediate notice by mail to the Mort-
<br />gagee, Nvho play inake proof of loss if not made promptly by Mortgagor, and each insurance company coil-
<br />c�riled is libreby authorized and directed to make payment for such -loss directly to the Mortgag'ee instead
<br />of to the 'NIortga.-or and the 111ort.-agee jointly, and the I insurance proceeds, or any part thereof,
<br />may be applied by the Mortgagee at its . option either to the r,educti6n of the hidebtedness hereby secured
<br />or to the restoration or repai r of the property damaged. In event of f oreclosure o� th is mortgage, or other
<br />transfer of' title to the mortgaged property in extinguislime I nt of the indebtedness secured hereby, all
<br />right, title-a'nd interest of tile Mortgagor in and to ally instiraile'd policies then fil force shall pass to tile
<br />purchaser'Or grantee. 1 7
<br />10. As additional aiid.collateral security for the payment of tile note described, aii(l all suins to become
<br />due under this mortgage, the Mortgagor hereby assigns to thle 111ortgagee all lease bonuses, profits, i-eve-
<br />nues, royalties, rights, aiid 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 aud apply them to said indebtedness as well before as after default in the conditions of this
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<br />age, and the 111ortgagee may demand, sue for and recover any such payments when due and pay-
<br />illortg,
<br />able, but shall not be required so to do. This assignment is I to terminate and become null and void upon
<br />release of this mortgage.
<br />11. He'sliall not commit or permit waste; and shall inai i litain the property in as good condition as at
<br />present, reasonable Nvear and tear excepted. Upon any failure to so maintain, Mortgagee, at its option,
<br />niay cause reasonable niainteiiance work to be performed at the cost of Mortgagor. Any amounts paid
<br />therefor by Mortgagee shall bear interest at the rate provi I ded for in the principal indebtedness, shall
<br />thereupon become a part of the indebtedness secured by this instrument, ratably and oil I parity Nvith all
<br />other indebtedness secured hereby, and shall be payable thirt I y (30) (lays after demand.
<br />12. If the premises, or any part thereof, be condeiiiiie( I I under the power of eminent domain, or
<br />acquired for a public use, the damages awarded, the.procceds for tile taking of, or tile coiisideration for
<br />such acquisiti ' oil, to the extent of the full'aniount of the reniaining unpaid indebtedness secured by this
<br />mortgage, or hereby assigned to the Mortgagee, and slialli be paid forthwith to said Mortgagee, to be
<br />applied oil account of the last maturing installments of such indebtedness.
<br />13. if tile Mortgagor fails to make''any payments wheii due, "Or to conform to and coniply Nvith. any
<br />of the conditions or agreements contained in this mortgage, or.', the notes which it secures, then tile
<br />entire prinCipal sum and accrued interest-sliall at once bec81ne dife and payable, at the election of -tile
<br />.AL,1ortgagce;'and this mortgage may there,upon be foreclosedlininiediately for the whole of the indebted-
<br />ness liereby,'S'ecured, iticluding the cost of extending the abstract'.of title from the (late of this illort-
<br />gage to the time of coil ' in.ieiichig such suit, a reasonable attorn I ey's fee, all(] aiiy sunis paid by the Veterans
<br />Administration oil accouut.of the guaranty or insurance of 6ie indebtedness secured hereby, all of which
<br />shall be included in the decree of foreclosure.
<br />ill. if the indebtedness Secured hereby be guaranteed orl, insured under Title 38, United States Code,
<br />such Title and Regulations issued thereunder and ill effect oil the (late hereof shall govern the rights, duties
<br />and liabil ' ities of the parties hereto, and any provisions of this; or other instruments executed in connection
<br />with said indebtedness which are inconsistent with said �itle or Regulations are* hereby amended to
<br />coiiforni thereto. I
<br />The covenants herein contained shall bind, and tile benefits and advantages shall inure to, the
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