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<br />_ _ u� �K • • 6. Ii he/ehe fa11s to pay aay e+ua or kap any covanant provided for in thie mortgaee�the Mortgaget,et -
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<br /> � : � Its opt�on may pay or pesfo�the same�and all expenditures so made shall bc added to th�priacipat aum owing r�
<br /> , � `, on the a�ov�uote.shalt be cecured hcre by.und mtiatt bear i�tci�t uei�i�ai�i at ti�te��ta pravided far in tlt:pria-;•- -
<br /> . cipal indebtedness. �RO
<br />_ � ,�r : 7. Upon request of the Mortgagee.Mortgagor shall execute and deliver a supplementel note or aote� for � -
<br /> ' the eutA or suma advaaced by Mortgagee for the alteratlon�madcraizutlon.or improvement made at the Mort- �
<br />��•'�.�:�-�.� �or's requ�►t;or for ra�intetwncx of seid premise�.or for taxes or assesamenta aga�nst the same.and for say� :
<br /> '�' : � other pwpase dstwhere suthoriza!hereuader.S�id note or notea shell be secured hereby on a parity wlth ead �
<br /> � ts fully ae i t the advaace evldenced thereby were included ln the note girat descrlbed above.5aid supplemcau►1
<br />�',����{ aote or notea sh�ll ba►c intenst at the rate provtdcd for in the princtpal iadebtednesa amd shAll be psyable in � . :
<br /> .'=-�-��'�� �►pproa[mttely equel montWy paymen+.s for such perlod as may be agrad upoa by the Mortgaga and Mortgagor.
<br /> ;1;�,'°� F�iltng to aga on the mtturity,!he wbole of the swn or suma so advanoed shall be due and payable thirtSr(30) i� ��
<br /> daye sfter deanand by the Mortgaga.In no event shaU the maturlty extend beyond the ultimate maturity of the
<br /> - � . :.-4 aou firat described above.
<br /> : � :.'�-�' 8. Hdahe hareby assiens�transfers and sets over to tha Mortgagee,to be appUed toward the paymene of
<br />' ,� .�°-:.°;��- `�; the aote ead all sums sxured heroby in sase of a defaWt in the perfonaauce of any of the terms and coaditions -=--
<br /> " "�� ' of Wa moxtgage or the satd note.aU the reats�revenues�nd iacome to be dedved from the mort ged psemiaes
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<br />.�i".`, ":�:�" durin�such dme as tlie mortgege iadebtedness shall remain uapaid;aad the Mortgagee shell have power to ap- �
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<br />, �'�r::��'��,�,,� point any a�ettt or agenta it may deatre for the purpose of rentlug tke same and colla�ng the rents.revenues -
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<br /> -:5::��;��,• : and income,aad it may pay out of eaid lncomes aU ae�sari►commisstons aad eapensa incurred in rentlag and --
<br /> �=:.o,��„ m�ns�ing ttie eame aad oP collecting rentats therefrom;the bnissace rematniu�,if anY.to be applis�toward thc ��_
<br /> ,,�,��F:a�a::,� d�Charge cst said mortgage iadebtedness.
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<br /> " �� 9. Ne/ahe wlll continuously malntaia hazard iasuraace,of euch type or types and amounts as 1V1ortBa8ee f,�.:
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<br /> nuy from time w tlme rcquice.on the improvemeats now or hereafter on said pnmises and a�cept whea pay-
<br />='r� ment fot eU such premiums has theretofore ban made uader(o)of para�aph 2 hereof,wtll pay promptly wheu �__
<br /> '�.'�, due anY Premituna therefor.Upon default thereof,Mort888��Y D�Y tha same.All insuraace shall be earcIed � '
<br /> -�'r'�<:� in oompaai.ea approved by the Mortgega a n d t he po ll c les an d ren e w a l s t heroo f s h a ll b e h e l d b y t h e M o rt g a g o e �"`�
<br /> '""'r`"� aad 6sve std�ched thada toss paya b le c lauses f n favor o f an d i n forai a c a p t a b l e w t t e�M o r t g a g e e.I n e v a►t '°°'�`
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<br />-::.;��r."�.� of losa�Vior��or wiU g[ve Immediete notta by mail to the Mort�sga. who may make proof of loss lf not mnde _
<br />_�;�,,.� promPUY bY•Mott�gor.un$�eacli insuranee compaay concerned is hereby authorized ead dlrated w make pay- —
<br /> -�-���• m�nt for auch less directly to the Mortgaga iastead of to the Mortgagor aad the Moatgequ jointty,aad th�
<br /> �:.3?�TM�4�. insuraQa Pr�s.ar�Y P�thercof may be applied by the Niortgagee at its opuon either to i�he nd�ion ,
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<br /> _-� ,�- of tbe iadebiedaess haeby sercured or w the restoration or npair o�the praperty demagal.Lat avent of ore¢osuEe
<br />;,�s� of this taortgag0.or other traasfer of titla to the mortgaged proper¢y in�acdnguishment of t�ae indebtedaess secured
<br /> -__.;;N° .` hereby►.sU dght,title aad intcrest of the Mortgagu:in and to any iasuranoe policles t�ea ia fora ahall pass
<br /> ,n,"•:�i,. �;7 t0 thC pt1tC�18bET O!�AAt6Q. _-
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<br /> _ lA.As additIonal�and collaterel sxurlty fo:ttio payment of the note descrIbeid,as�d all sums to ba�oate —
<br /> ��n:�+� due oiader thia mortgaga�the Mortgac�or henby assigns to the Mortgagce all lease boausea.profita,revaiues.
<br /> -__-====� royt[t�es►�hta.and other benefia i�C�tq the Mortgagor under any and aA oil ead gas leaaes now�or dur-
<br /> __:�:�,,:�,�� ��e llfe of this mor¢gage.exacutat n d premises� wlth the rlght to rcaive and ra�dpt for the eame and
<br /> �=�� I�pply them to asid indebudnea�as we11 befon as aft+e4 dtfaWt in the condittons of this mortgagc.and the Mat-
<br /> _ g�Ce tnay demaad,aue for an,d recover any suc h payments w hen dae an d payu b le.bu t a h a ll no t b e r e q n i r e d
<br /> -- -:� ao to do.'I4�is aa�ignmeqt�is�o f�{t�je;aad beFome null end void upon nlease of tlits mostgage.
<br /> � - 11.He/ehe shall aot commit or pern�it waste; and shall maintaia the property ia as good conditIon aa at -
<br /> ....--- praant.resaonsble wear and tear accxpted.Upos any failure to so matntain.Mortgega.at its optton,uoa►y cause
<br /> re�sonabla maiatenance w�rk to be performed at the cost of Mortgegor.Any amounts paid tteerefoz by Mart- --_--
<br /> ``�._�� �sgee shaii beu interest at tha rate provided for in the prLicipal indebtedae�s,shall thereugan bxome c p�rt
<br /> �� - �-u of the indebtednea�secural by this Instrumeat.ratably aad oa a parlty wlth all other indebiedaess savred hereby.
<br /> � -�='�" and shall be payable thtrty(30)days after demaad.
<br />- --= � 12.If thc premises.or aay part thereof,be a�:ademned uader the power of emdnent domain,ar acquired �_
<br /> -='"".'".'�"��� for a public uae,the damages awarded.the proaeds for the taking of.aT the consideration Por sncb a�guis[ttoa, _
<br /> -�--M`�'���� to the e�tent ot the falt amount of the r�nnainin8 e�npatd iadebteduess secured by this mortgage.or henby asaign- -
<br /> _'�-'"�''�`�� ed W the Mortgnga.aad ehall be paid iorthvv�th to satd Mortgagee.to be applied on accc�unt of the lest maturtn� �.
<br />�.r����� instwliments of such indebtWuess. __-
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<br /> �`� 13.If the Mortgegor feil�s to make any payments when due.or to cam�4'mrm to and oomply wlth eny of the __ _
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<br />=:Nl�.',"�;.�x.� <, canditions or agreements conta�ncd in tbia mortgage.or the notes whicb I3 sa�ueea.then the entire prjnclpal su� _^
<br /> ��''�'�c'��`•° `� and ecc�ued int�est ahall at onoe besome due and payable.at the electioa of the Mortg�iga;and tl�iis�ortgage ��;;
<br /> " '=`�`'• �� `�� may theresapan be foreclosed icnmcdiataly for the whole of the indebtcdaess hereby sxured,including the oost �`
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<br /> �,*�:L=':�::;� of axtendi�tha abstract of t[tle from the daYe of this,mo�g�agp to the tinie of oommeadng such su{t.a reasonable =
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