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<br />6. If lie fails to pay any sum or keep any covenant providedlor 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 />oNving 911 tile above note, shall be secured hereby, -and shall bear interest until paid at the rate provided
<br />fo� 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 Improvenient made at
<br />the Mortgagor's reque�t; 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: i 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'sliall be payable in approxim , ately equal monthly payments for such period as may
<br />be agreed upon by the Mortgagee and Mortgagor. Failing to agree oil the maturity, the whole of the suin
<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 ultimatdinaturity of the note first described above.
<br />8. He hereby assigns, transfers and sets over to tile 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 bf this mortgage 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 or agents it may desire for the purpose of renting tile same and col-.
<br />lecLing 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 therefrom;.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 aPdaniounts as Mortgagee
<br />may from time to time require, oil the improvements now or hereafter oil said premises and except when
<br />payment for all such premiums has theretofore been made under (a) of paragraph 2 liereof, will pay
<br />promptly when due any premiums therefor. Upon default thereof, Mortgagee may pay the saine" All
<br />insurance shall be carried in companies approved by the Mortgagee and the policies and renewals thereof
<br />shall be held by the Mortgagee afid have attached the retor loss payable clauses in favor of and in forill
<br />acceptable to the -Mortgagee. In event of loss Mortgagor will give immediate notice by mail to the Mort-
<br />gagee, who. may niahe proof of loss if not made promptly by Mortgagor, and each insurance company con -
<br />corned is hereby authorized and directed, to make payment for such loss directly to the 111ortgagee instead
<br />of to the Mortgagor and the Mortga . gee jointly, and the insurance proceeds, or any part thereof,
<br />may be applied by the Mortgagee at itsoption 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 extinguishinent of. the indebtedness secured hereby, all
<br />right, title and 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 tinder 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 tile life of this mortgage, executed o ' ii said premises, with the right to receive and receipt
<br />for the same and apply them to said indebtedness as well before as after default in the conditions of '.his
<br />mortgage, and the TMortgagee may demand, sue for and recover any such payl�leiits wheii due and pay-
<br />able, but shall not be required so to do. This assignment is to terminate and become null and void upon
<br />release of tiiis mortgage.
<br />11. He shall not commit or permit waste; and shall maintain tile property in as good condition as at
<br />present, reasonable wear and tear excepted. Upon ' any failure to,'So maintain, Mortgagee, at i.ts option,
<br />may cause reasonable maintenance work to be performed at the cost of Mortgagor.. Any amounts paid
<br />th'erefor by Mortgagee shall bear interest at the rate provided for in tile principal indebtedness, shall
<br />thereupon become a part of the indebtedness secured by this in�strumeiit, ratably and oil a parity with all -
<br />other indebtedness secured hereby, and shall be payable thirty (30) days after demand.
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<br />12. if the p�cniises, or any part thereof, be condemned under the power of eminent domain, or
<br />acquired for' a public use, the damages awarded, tli'e proceeds for the taking of, or the consideration for
<br />such acquisition, to the extent of the full, amount of tile remaining unpaid indebtedness secured by this
<br />mortgage, or hereby assigned to the Mortgagee, and shall be paid fortlINvith to said Mortgagee, to be
<br />applied on -account of the last maturing installments of such indebtedness.
<br />13. If tile 111ortgagor fails to inake any payments when due, or to conform to and comply with any
<br />of the con ditions or agreements contai ' ned in this mortgage, or the notes which it secures, theli the
<br />entire principal sum and accrued interest shall at once become due and payable, at the election of the
<br />11fortgagee; and this mortgage may thereupon be foreclosed immediately for the whole of the indebted-
<br />iiess hereby secured, including the cost of extending the abstract of title from the date of this mort-
<br />gage to the time of conmiencing 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 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 thereunder and in effect oil the (late hereof shall govern tile rights, duties
<br />and lia6ilities of tile parties hereto, and any provisions of this or other instrunients7executed in connection
<br />with said indebtedness which are inconsistent with said Title or Regulations are hereby amended to
<br />conform thereto.
<br />The covenants liereiii contained shall bind, and the benefits -and advantages shall inur6l to, the
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