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<br />6. H beyhe tails to Ply any sum or keep my covenant pro 'farm #its _mortgage, 3>�e Mores,
<br />U option, may pay or perform the same,;and all expenditures so made shall be added to the Vr- ind1ma sum
<br />owiag ton the -abow .note, shall be :secured hereby, and shall bear interest until paid at the rate provided
<br />for 3n the 7pru+eiAsl.indebtcdtseas
<br />'f. Upon ,,request of the Mortgagee, 11origagar "V execute deliver a supplemental note or notes
<br />for the sum or swats advanced by Mortgagee for the alteration, modernization, or improvement made at
<br />the Mortgal Wa request; or for maintenance of said premises, or for taxes or assessments against the
<br />rySarno— and for any other purpose :elsewhere .authorized hereunder. .said note or notes shall be secured
<br />hereby osi,a panty with and as fully asif the advance evidenced thereby were included in the not* 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 mordhly 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 />i 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 />& He/s be'hereby assigns, transfers and sets over to the Mortgagee, to be applied toward the payment of
<br />the note.and all sums secured.`hereby in caseof 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 haveower to appojnt any agent or.agents it may desire for the purpose of rentingthe same and col-
<br />shall
<br />ilia 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/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 ant
<br />except when payment for all such premiums has theretofore been made under (a) of paragraph thereof,
<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 shy 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:made 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 />ill. As additional and collateral security for the payment of the note described, and all sums to become
<br />due under 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 the life of this mortgage, executed on said premises, with the right to receive and receipt
<br />for the same and applY them to said indebtedness ass well before as after default in the conditions of this
<br />mortgage, and the Rortgagee may demand, sue for and recover any such payments ,vhen due and pay-
<br />able, but shalt not be required so to do. This assignment is to terminate and become null and void upon
<br />release of this mortgage.
<br />11. Ile /she shall not commit or permit waste; and shall maintain the property in as good condition as at
<br />present, reasonable ~year and tear excepted. Upon any failure to so maintain. Mortgagee, at its option,
<br />may cause reasonable_ maintenance work to be performed 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 />thereulxtn become a part of the indebtedness secured by this instrument, ratably and on a parity with all
<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 tilt, extent of the full amount of the remaining unpaid indebtedness secured by this
<br />mortgage, or hereby assigned to the Mortgagee, and shall he paid forthwith to said Mortgagee, to be
<br />applievl on account of the last maturing installments of such indebtedness.
<br />13. If the Mortgagor fails to make any payments when due, or to conform to and comply with any
<br />of the conditions or agreements contained in this mortgage, or the notes which it secures, then the
<br />enure principal sum and accrued interest stall at once become due and payable, at the election of the
<br />- mortgagee; and this mortgage may thereupon be foreclosed immediately for- the whole of the indebted -
<br />ttess hereby secured, including the cost of extending the abstract of title from the date of this mort-
<br />gage to the time of eomrttcmcinyt streh suit, a reasonable attorney's fee, and and sums paid bv the Veterans
<br />Administration on account of the guaranty or insurance of tile indebteduess socure•d hereby, all of which
<br />shall be included in the decree of foreclosure.
<br />19, if the indebtedness secured hereby be guaranteed or insured under Title aN, united States Code,
<br />such Title and Itegulat -ions !sued thereunder and in effect on the date hereof shall govern the rights. duties
<br />and liabilities of the patties hereto. and any provisions of this or other tustrntnonts executed in connect Too
<br />with said indebtedness which are inconsistent with said Title or itegulations are hereby amended to
<br />confornithereto_
<br />-'lie covenants herein contained stiall hind, and the henefit.a and mivantages shall inure Iii. till,
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