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ti. if he /she fails to pay any sum or keep Any covenant provided for in this mortgage, the Mortgagoo, at
<br />its option, fully pay or perform the aame, and all expenditures no made shall be added to the principal sum
<br />owing on the above note, shall he secured hereby, and shall bear interest until paid at the rate provided
<br />for in the principal indebtedness.
<br />7. iipon 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 improvement M440, at
<br />the Mortgagor's request; or for maintenance of said premises, or for taxes or assessments against the
<br />same, and for any other purpose elsewhere authorized hereunder. $aid note or notes shall be secured
<br />hereby oil a parity with anti 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 shall be payable in approximately equal monthly payments for such period as may
<br />be Agreed upon by the Mortgagee and Mortgagor. Failing to agree on the maturity, the whole of the sum
<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 ultimate maturity of the note first described above,
<br />8. He/she hereby assigns, transfers and lets over to the 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 of 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 the same and col-
<br />lecting 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 ally, to he applied toward the discharge of said mortgage indebtedness.
<br />9. He /she will continuously maintain hazard insurance, of such type or types and amounts as
<br />Mortgagee may from time to time require, on the improvements now or hereafter on said premises and
<br />except when payment for all such premiums has theretofore been made under In) of paragraph 2 hereof,
<br />will pay promptly when due any premiums therefor. Upon default thereof, Mortgagee may pay the same.
<br />All insurance shall be carried in companies approved by the Mortgagee and the policies and renewals
<br />thereof shall be held by the Mortgagee and have attached thereto loss payable clauses in favor of and in
<br />form acceptable to the Mortgagee. In event of loss Mortgagor will give immediate notice by mail to the
<br />Mortgagee, who may make proof of loss if not matte promptly by Mortgagor, and each insurance company
<br />concerned is hereby authorized and directed to make payment for such loss directly to the Mortgagee
<br />instead of to the Mortgagor and the Mortgagee jointly, and the insurance proceeds, or any part thereof,
<br />may be applied by the Mortgagee, at its option 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 extinguishment, 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 securitl for the payn_ nt of the note described, and all sums to become
<br />due under this mortgage, tilt 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 the lift, of this mortgage, ex,,cuted on said premises, with the right to receive and receipt
<br />for the same and apply them to said indebtedness is Well before as after default in the conditions of this
<br />mortgage, ared the Mortgagee may demand, sue for and recover any such payments when due and pay -
<br />ablr, but shall not be requi"Od so to do. This assignment is to terminate and become null and void upon
<br />release of this mortgage.
<br />11. lie /she shall not commit or permit waste; and shall maintain the property in as good condition as at
<br />present, reasonable wear atuf tear excepted. Upon any failure to so maintain, Mortgagee, at its option,
<br />may cause reastmabie maintenance work to be p orformed at the cost of Mortgagor. Any amounts paid
<br />therefor by Mortgagee shall bear interest at the rate provided for in the principal indebtedness, shall
<br />thereupon become a part of the indebtedness secured by this instrument, ratably and on a parity with all
<br />other indebtedness sf•cured hereby, anti 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, tile: proceeds for the taking of, or the consideration for
<br />such acquisition, to the t,xtent of the full amount of the remaining unpaid indebtedness secured by this
<br />mortgage, or hereby assigned to the Mortgagee, anti shall tm_ paid forth--vith to said Mortgagee, to be
<br />applitA (Tar account of the fast maturing installments of such indebtedness.
<br />13, if the Mortgagor fails to make anv payments when due, or to conforn: to and comply with any
<br />of the conditions nr agrocments contained in this mortgage, or the notes nhieh it secures, then the
<br />entire pritwipal sum and accrued interest shall it once become due and pa:s•able, at tilt+ election of the
<br />Mortgagee; arid this mortgage may thereupon be foreclosed immediately for lilt, whole of the indebted-
<br />ness hereby Secured, if,cludiug the cost of extending the abstract of title from the date of this Mort-
<br />gage to the tines ,rf ronnnencing such suit, it reasonable attorney's fee, and ally % stuns paid by the Veterans
<br />Administration roil account of the guaranty or insurauu e of the indebtedrwss secured hereby, all of which
<br />shall he included in the+ decree of foreclosure,
<br />I,C If the indebtedness secured hereby be guaranteed or insmod under Tithe 3S, United States Code,
<br />such Titl,, and lt,rgulatinris issued theveunder and in eil'od un the'fate hereof Shall govern the right.S, ditties
<br />and itsa omies of the parties hereto, and ;toy provisions of this or other ristrurnents executed in connretw1i
<br />%iith said indebtedness which are inrnnsistent with Said 'ritiv or Regulations are hereby amended to
<br />4:9,r}fc>rnl ills ^reef,,
<br />'fine rovenant,, herein contained shalt hind, and the tHan, °lies and advantages Shall inure to, th,,
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