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<br />6. If lie fails to pay any sum or keep any covenant provide *or in this mortgage, the Mor:tgdgee, at
<br />its option, may pay or perform the same, and all expenditures so Aihde "shall be added to the prificipal sum
<br />oNving oil the above note,"sliall be secured hereby, and shall bear nt6rest until paid at the rat!,e provided
<br />for in the principal hfilebtedness.
<br />7. Upon request of the IMortgagee, Mortgagor shall execute laild deliver a supplemental no�e or notes
<br />for the suin or sunis advanced by Mortgagee for the alteration, i odernizatioii, or improvelnekmade at
<br />the Mortgagor's request;..or for maintenance of said premises, r f6 r taxes or. assessments against the
<br />same, and for any other purpose elsewhere authorized liereunc e a d note or notes shall be secured
<br />'hereby on a parity Nvith and as f ully as if the advance evidenced t i-ereby were included in thO note first
<br />described above. Said supplemental note or notes shall bear inter it at the rate 'rovided for' ip:,the prin-
<br />p
<br />cipal indebtedness aild shall be payable in approximately equal in ntlily payment's'for such pp�Jod'as may
<br />be agreed upon by the Mortgagee and Mortgagor. Failing to agi e on the maturity, the whole'of the sum
<br />or sums so advanced shall be due and payable thirty' (30) days after� demand b3; the '111ortga 'gee.:-,, In 110
<br />event shall the matu 1-ity extend beyond the ultimate maturity o�, I lie note first described above..
<br />8. He hereby assigns, transfers and sets over to the Mortg, I ig cc; to be appl ied toward the �a yment of
<br />the note and all sunis secured hereby in case of a default in the pei-lorniance of any of the tdrinsl,and'condi-
<br />tious of this mortgage or the said note, all the reiits� revenues aild. income to be deriN',ed froni''the mort-
<br />gaged premises during such thile as the mortgage indebtedii ss sliall'remain unpaid; and theI1116rtgagee
<br />e I
<br />shall have power to appoint any agent or agents itma:y desire fo lie purpose of rentingthe saine'and col-
<br />lecting the rents, revenues and income, and it may pay out of said incomes all necessary conim'issibiis and
<br />expenses incurred in renting and managing the same and of c I ol lect , ing rontals' therefrom'; ilig -balance
<br />remaining, if any, to be applied toward the discliarge�of said i ago indebtedness.
<br />9. He will conthitiously maintain I�nard insurance, of such type or types and amoinits a"';�'Alfortgagec
<br />may f roni time to time r ou i re, oil the'improyements now or- llei!
<br />eafte'r oil said premises and -except when
<br />payment for all Such pl-0111illins has theretofore been made und( r Qt) �of paragraph 2 liereQfi" will pay
<br />promptly when due any premiums therefor. Upon default there6j, -Mortgagee may pay the isanie. All
<br />insurance shall be carried in companies approved by the MortgaLI(e and the policies and reneN�als: thereof.
<br />shall be held by the Mortgagee and have attached thereto loss 1),`ly of a; '.in form
<br />a bl� clauses in favor lid I
<br />acceptable to the lklortgag)ee. Ili event:of loss Mortgagor will g -IN 1.11i.inediate notice by mail to the Mort-
<br />gagee, Nvlio may mahe proof of loss if not made promptly by IN or I ago I r, and each insurance Coln pally coil -
<br />corned is hereby authorized and directed to make payment for s I c1i lo ss directly to the Mortg.i gee instead
<br />of to the 1\1ortgagor azid the 111ort.-agee jointly, 'and the insliiranc�e proccods, or any part thereof,
<br />may be applied by the Mortgagee at its option either, to the reduction,of the hidebtediless llcr�by secure(]
<br />or to the restoration or repair of the property damaged. Ili evend of foreclosure of this mortgage, -or other
<br />transfer of title to the mortgaged property in extinguishment of the indebtedness secured ;libreby, all
<br />right, title and interest of the Mortgagor in and to4 any insurai c policies theii ill force shall! 1:)"qss to the
<br />purchaser or grantee.
<br />10. As additional mid collateral security for the-paymentof Jie note described, and all suilsto:become
<br />due under this mortgage,: the Mortgagor hereby assigns to the M I oi -tga gee all lease bonuses, profits, reve-
<br />lilies, royalties, rights, and other benefits accruhig to the 111ortgag r under any and all oil and,glis leases
<br />now, or during the life or this mortgage, executed oil said prom S2s, w ith the right to receive1and receipt
<br />for the same and apply them to said indebtedness as well before '13 after derault in the coudit!ions of this
<br />mortgage, and the 111ortgagee may demand, sue for and rec mly !such payments when due.and paS�-
<br />able, but shall not be required so to do. This assignment is to teiiiiiiiate and beconie null andygid upon
<br />release of this mortgage.
<br />11. He shall not commit or permit- waste; and shall maintai Ili tlie� property in as good coi�'dltioii as at
<br />present, reasonable wear all(] tear excepted. TJpon:.iiiy failure to so'Mailitain,' Mortgagee, 'at its option,
<br />noi i ts
<br />may cause reasonable maintenance w6rk to be performed at the :ost:of Mortgagor. Any am i i paid
<br />therefor b�, Mortgagee shall bear interest at the rate provided� f " r i ii the principal indebte"Plies's, shall
<br />thereupon become a par ' t of the indebtedness secured by tlii.s in�ti um6nt, ratably all(] oil a pai-ity with -all
<br />ble thirty (30) days after demand.
<br />other indebtedness secur'ed hereby, and shall be pay.1'
<br />12. If the premises, or any part thereof, be c6ndenined ul'ker the power of eminent Idoinain, or
<br />acquired for a public use, the daniagog awarded, the proceeds f
<br />�r the* taking of, or the consi�lc' ation for
<br />such acquisition, to tile extent of the full amount of the renialnii,g unpaid indebtedness seef,ired. by this
<br />mortgage, or hereby assigned to the Mortgagee, and shall be �);iid forth Nvith to said Mortkilgeo, 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 coliforpi to and comlily �Nritli any
<br />of the conditions or agi.eements contained in this mortgage, r the notes which it securds,: then the
<br />-entire principal sum and accrued interest shall at once becorlIC!dUe all(] payable, at the election of tile
<br />Afortgagee; and this in I -
<br />o)-tgage may thereupon be foreclosed immediately foi- the whole of,the':indebted-
<br />liess hereby secured, ilicluding the cost of extendifig the abstrid t of title from the date of this mort-
<br />gage to the time of commencing such suit, a reasonable attorney's I f cc, and ally suins paid by theVoterans
<br />Administration oil account of the guaranty or insurance of the i iidebtedness secured hereby, all of which
<br />shall be included in the decree of fore'efosure.
<br />14. If the indebtedness secured hereby be guaranteed or insured mider Title 38, United:States Code,
<br />such Title and Regulations issued thereunder and in effect oil the- d. to hereof shalf govern the rights, duties
<br />and liabilities bf the pal:*ties hereto, and any provisions of this orlother instruments executed' in -connection
<br />Nvitli said *indebtedness' --which are inconsistent with said Title 6r Regulation are liereby;aniended to
<br />conform thereto.
<br />The covenants herein contained shall bind, and the benefits and 'advantages sitall ihbre to, the -
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