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$7- 10287
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<br />6. If he/she fails to pap any sum or k
<br />its option, tray pay or keep any covenant Provided for in this mortgage, the Mortgagee, at
<br />perform the same, and all expenditures so made shall be added to the principal sutra
<br />owit� he flu above note, shall . secured hereby, and shall bear interest until paid at the rate provided
<br />forth'tim pr}aeipa� indebtedness.
<br />7. Upon request of the Mortgagee, Mortgagor WISH execute and deliver a supplemental note or notes
<br />for the sum or sums advanced by Mo
<br />the Mo for the alteration, modernisation, or improvement made at
<br />Sag's request; or for maintenance of said Premises, or for taxes or assessments against the
<br />eases, and tt� <any other Purpose elsewhere authorized hereunder. Said note or notes shall be aecured
<br />hereby on a parity with and as fully as if the advance evidenced thereby were included in the note first
<br />md,� � ape. Said supplemental note or notes shall beat interest at the rate provided for in the print
<br />sad shall be payable! in a roximately equal monthly payment$ for such
<br />be agreed upon by the
<br />or sum& so advanced rbe due and Mortgagor. Failing to agree on the maturity, the whole period of he may
<br />arced shall be due and Payable thirty (30} days after demand b the Mortgagee. event ateall the maturity extend beyond the ultimate maturity of the note first described above,
<br />S gee. In no
<br />& He /she hss'ebY assigns, ft Wen and seta over to the Mortgagee to be
<br />the note and all sums secured hereby itt case of a default in the molted toward the Payment of
<br />gaged a of this es Burin or the said note, ail the rents, revenues and income to be derived from the mort-
<br />Premises during such time as the mortgage indebtedness shall remain unpaid; and the Mortgagee
<br />shall have power to appoint any agent he or
<br />Ming tie rents. revenues and income, agents it may desire for the purpose of renting the same and col -
<br />and it may pay out of said incomes all necessary commissions and
<br />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/she will continuousy maintain hazard
<br />M may how time to time require on the improvements now or ereatteryon p� ��� as
<br />wN PaYmerht for al such pm'etni" has theretofore been made under ft of promises and
<br />?, P�►PtlY when due say premiums therefor. Upon default thereof, M 2 hereof,
<br />All itwsamee shall he Carried in cohnpartiae approved o fief M Mortgagee mat' Pay the same,
<br />thereof shall be held by the Mortgagee and have a ° eQ and the Policies and renewals
<br />foam accePtable to the Mortgagee. In event of lop � thereto lose Payable clauses in favor of and in
<br />Mom. who may make proof of lop it not made WZ give immediate node by mail to the
<br />casheeaaud Y authorized and directed to make by Mme, and each insurance company
<br />instead of to the h1ottgagor and the g>i y, and the for such logs directly to the Mortgagee
<br />may be applied by the M °ogee then inVAUXe proceeds, or an pan
<br />or to the restoration or repair of the Property option either d. the reduction of the indebtedness hereby thereof,
<br />transfer of teals to the mortgaged pCOperty damaged. In event of foreclosure of this mortgage, ��
<br />ri�tt, title haul i to the m the M property m ex In
<br />of the indebtedness secured hereby, an
<br />P s Wit". t>u<tgagor in and to any irewrancs Policies then in force stall Pass to the
<br />10. As additional and collateral security for the payment of the note described, and all sums to become
<br />sae under this mortgage. the Mortgagor hereby sa�igns to the Mortgagr, all lease bonuses. Profits, reve-
<br />nues, royalties, rights, and other benefits accruin to the Mort
<br />now, or during the life of this mortgage, Mortgagor under any and all oil and
<br />for the same slid apply them to said�ndc executed �, � before premises, after default the conditions e this
<br />right receive and receipt
<br />mortgage, and the Mortgagee may demand, sue for and recover any such Payments when due and pay-
<br />able, but shall not are required so to do. This assignment is to terminate and become null and void upon
<br />release of this mortgage.
<br />11. He /she dull not commit or Permit waste; and stall maintain the
<br />pre 11.
<br />reasonable wear and tear excepted. Upon any failure to acr maintain, M good condition as at
<br />MAY cause reasonable maintenance work to be performed at the cost of Mortgagor. g �' at its option,
<br />therefor by Mortgagee shall bear interest at the rate Any amounts paid
<br />thereupon became a part of the indebtedness the
<br />by this entistrumenthe P"I y n l onda ptedness, hall
<br />other indebtedness secured hereby, and shall be payable thirty (30) days after demand.
<br />12. If the premises, or any part thereof, be condemned under the Power of eminent domain, or
<br />acquired for a public use, the damages awarded, the proceeds for the taking of, or the consideration for
<br />such acquisition, to the extent of the full amount of the remaining unpaid
<br />mo , or hereby assigned to the Mort g paid indebtedness secured by
<br />applied on account of the last to then gam, and shall be Paid forthwith to said Mortgagee, to be
<br />g installments of such indebtedness.
<br />13. if the 3lortgagre fails to make an.r
<br />of the conditions or agre payments where due, or to conform to and comply with any
<br />ements contained in this
<br />entire principal sum and accrued mortgage or the notes shier it secures, then the
<br />interest shall at once
<br />Mo ; and this mortgage may thereu become flue and payabic, at the election of the
<br />hereby ecured, i tclodin the cost of on e extending o � immediately for the whale of the indebted-
<br />Administration t g
<br />saw
<br />to the time of commencing such suit, a reasonable attorney' attorney's and title
<br />am from sums tile date of this mort-
<br />rnen�tration an a ,count of the guaranty or insurance of the indebtedness secured hereby, all of which
<br />shisill be included in the decree of foreclosure. staid b the y wrhans
<br />1e. If the indebtedness see
<br />mred hereby be
<br />and latians issued thereunder and in affect onrtile date hereof shall 48, United States Code, Tftk such
<br />and of the Pattie hereto. and an go .0 n the rights, it Y provisions of this or other instruments e- %ecuted in connection
<br />with said indebtedness which are inconsistent with Bald Title or Regulations are hereby atnendati to
<br />The a hrrvin contained shall bind, and the henefits and advantages shall imrt•o to. the
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