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i 6-- 100440 or, if not so applied, may, at the option of Mortgagee, be applied in payment of any, indebtedness, matured or unmatured, secured by this mortgage_ (3) To keep all buildings occupied and in good repair, and to refrain from the cowaission of any acts of removal, demolition or impairment thereof; not to cut or remove, or permit to be cut or removed, any wood or timber from said real property, and to ormit or permit no waste or impairment of the value of this security; to continuously practice approved methods of farming on said lands, to prevent erosion and the spread of noxious and damaging weeds, and to preserve the fertility of the soil. t4) That in the event Mortgagors fail to pay when due any taxes, rental charges upon any leases assigned as additional security for this mortgage, liens, Judgments, or assessments lawfully assrssed against the property herein mortgaged, or fails to maintain_ insurance as hereinbefore provided. Mortgagee may make such payment or provide such insurance, and the amount(s) paid therefor shall become a part of the indebtedness secured hereby, due and payable immediately, and shall bear interest at the current rate of the ?Mortgagee at the time the Mortgagee makes such payment. (5) That in the event ?Mortgagors default in the payment of said principal sum, or in the repayment of any additional advance(s) made as herein provided, or of any interest thereon, at the time when the same shall be due, or with respect to any covenant or condition hereof, then, at the option of Mortgagee, the entire indebtedness secured hereby small forthwith become due and payable, shall bear interest at the current rate of the mortgagee on the date of the default, and the Mortgagee may immediately foreclose this mortgage or pursue any other available legal remedy. In the event of any action by Mortgagee to enrorce collection of the mortgage debt, the ': Mortgagcrs agree that any expense incurred to procure or extend an abstract of title shall, when paid by Mortgagee, become a part of t4;e debt_ secured hereby, and shall be paid by Mortgagors together with all of the taxable costs of suc*; action. 16) That in the event action is broucht to `orecliose this mortgage for all or any ^art of the debt secured here'oy, the mottgagee shall be entitled to immediate possession of the mortgaged premises, and the court, or a Judge thereof in vacation, may appoint a receiver to take possession of said premises to collect and receive rents and profits arising therefrom; and from any moneys so collected, to pay taxes, provide insurance, make needed repairs to improvements upon the premises, and *sake any other expenditures authorized by the court; and apply any sum remaining after the payment of such authorized expenditures upon the mortgage indebtedness. (r) That failure or delay of Mortgagee to exercise any of its rights or pri%,ileges shall not be construed as a Waiver -3- U