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i 86-- 100736 l the property otherwise after default. the Mortgagee shall apply, at the time of the commis + t 'e r" •c tiedit•of then remaining proceedings, or at the time The property is otherwise acquired, the amount Mortgagor under (a) of paragraph 2 preceding, as a credit on the interest a,:,:rued and unpaid and the balaace to the principal then remaining unpaid on said note_ r 4. The lien of this instrument shall remain in full force and affect during any Ir sthtyttenu °nt or eaten- the time of payment of the indebtedness or any part thereof secured hereby. Sion of 5. He will pay all ground rents, taxes, assessments, water rates, and other governmental or municipal levied upon said premises and that he will pay all taxes levied upon this charges, fines, or impositions, mortgage, or the debt secured thereby, together with any other taxes or assessmentsµ hich may be levied holder note, on account of under the lays of Nebraska against the Mortgagee, or the legal of said principal except when payment for all such items has theretofore: been made under (a) of para- this indebtedness, 2 hereof, and he well prompetleiver tare official receipts therefor to the Mortgagee. in default graph thereof the Mortgagee may pay h 6. If he fails to pay any sum or keep any covenant provided for in this Mortgage• tits Mortgagee, at may pay or perform the same, and all expenditures so made shall be adders to the principal sum its in the option, owing on the above note, shall be secured hereby, and shall bear interest at the rate provided for principal indebtedness until paid. 7. Upon request of the Mortgagee, Mortgagorshall execute and deliver a supplerriental Hate or notes for the alteration, modernization or improvement made at the for the sum or sums advanced by Mortgagee Mortgagor's request; or for maintenance of said premises, or for taxes or assessments against the same, be secured hereby and for any other purpose elsewhere authorized hereunder. Said note or notes shall on a parity with and as fully as if the advance evidenced thereby were included in the note first described for in the indebt- above. Said supplemental note or notes shall bear interest at the rate provided principal be in approximately equal monthly payients for such period as may be agreed edness and shall payable upon by the Mortgagee and Mortgagor. Failing to agree on the maturity, the whule of the sum or Burns (30) days after demand by the Mortgagee. In no event shall so advanced shall be due and payable thirty the maturity extend beyond the ultimate maturity- of the note first described above. 8. He hereby assigns, transfers and sets over to the Mortgagee, to be applied t(rward the payment of secured hereby in case of a default in the performance of any of the terms and con - the note and all sums ditions of this Mortgage or the said note, all the rents, revenues and income to be derived from the mort- time as the mortgage indebtedness shall remain: unpaid; and the liorigagee gaged premises during such shall have power to appoint any agent or agents it may desire for the purpose of renting the same and of said incomes all necessary commissions collecting the rents, revenues and income, and it may pay out incurred in renting and managing the same and of collecting rentals therefrom; the balance and expenses if any, to be applied toward the discharge of said mortgage indebtedness. remaining, 9. He will continuously maintain hazard insurance, of such type o" types and ani uints as the Mort- hereafter on said premises, and except gagee may from time to time require, on the i iprovements noµ or for all such premiums has the•r etafnre lreen made under (a) of paragraph ' hereof, will pay All when payment promptly when due any premiums therefor. Upon default thereof, Mortgage.( may pay the sa w in approved b}- the Mortgagee and the policies and renewals t.hareof insurance shall be carried companies shall be held by the Mortgagee and have attached thereto loss payable clauses in favor of and in form will immediate notice by mail to the Mort- � acceptable to the Mortgagee. In event of loss Mortgagor give ggree, who may make proof of loss if not made promptly by Mortgagor, and each insurance company for loss directly to the Tslorigagee concerned is hereby authorized and directed to make paynunt such to the Mortgagor and the Mortgagee jointly, and the insurance proceeds, or any par t thereof, �s instead of may be applied by the Mortgagee at its Opt either to the rechtction of the indebtedness hereby secured of the property damaged. in event of foreclosure of this mortgage, or other g or to the restoration or repair transfer e title ±o the mortgaged property in e >xtinguishment of the indebtedness secured hereby, all insurance then in force shall pass to the right, title and interest of the Mortgagor in and to any policies purchaser or grantee. 10. As and collateral: security for the payment of the note described, and all sums to become additional due under this mortgage, the Mortgagor hereby assigns tip the Mortgagee. all lease bonuses, profits. "eve - Mortgagor under any and ail oil and gas leases nues, royalties, rights and other benefits accruing to the now, or during the life of this mortgage, executed on said premises, with the right to receive and receipt default in the conditions of this for the same and apply them to said indebtedness as well lief ire as after and the Mortgagee may demand, sue for and recover any such payments µ'hen due and payable, mortgage, gnment is to terminate and become null and void upon release but shall not be required Soto do. This assi of this mortgage. 11. He shall not. commit or permit nastrr; and shall maintain the property in as good condition as at its present, reasonable wear and tear excepted. Upon any failure to so maintain, Mortgagee, at option, maintenance work to be performed at the cost of Mortgagor. Airy amounts pair! t, may cause reasonable therefor by Mortgagee shall bear interest at the rate provided for in the principal indebtedness, shall by this instrument, ratably and on a parity with all thereupon become a part of the indebtedness secured other indebtedness secured hereby, and shall be payable thirty (30) days after demand. r 12. He will not execute or file of record any instrument which imposes a restriction upon the sale or the basis of race, colo. or creed. occupancy of the property described herein on or any part thereof, be condemned under the power of eminent domain, or acquired 13. If the premises, for a public use, the damages awarded, the proceeds for the taking of, or the consideration fnr such the unpaid indebtedness secured by this mort- acquisition, to the extent of the full amount of remaining gage, are hereby assigned to the Mortgagee, and shall be paid forthwith to said Mortgagee. to be adplied on account of the last maturing installments of such indebtedness. due, to conform to and comply with any 14. If the Mortgagor fails to make any payments when or of the conditions or agreements contained in this mortgage, or the notes which it secures, or ilf the Mort then the gagor be adjudicated bankrupt or made defendant in a bankruptcy or receivership proceeding accrued interest shall at once txrome due and payable, at the election e f the Mort - entire principal sum and gagee; and this mortgage may thereupon be foreclosed immediately for the whole of the inleht.•dness hereby secured, including the cost of extending the abstract of title from the date of this mortir sre to the time of commencing such suit, a reasc.r ".: attorney's fee, and any sums paid by the Veterans Administra- insurance of the indebteedness secured hereby, all of which shalt €ye tion on account of the guaranty or included in the decree of foreclosure. Title 39 Unified States Code, and the Regulations issueel there under shalt govern the rikn +,, dut.ies Ixnri n. and liabilities of the parties hereby, and anti• provisurns of thin •fir other instr em nt5 e xeti `rr €` ° i r "iteti3 with saki m(lebtednes+s which are inconsistent with r ;aid Title r;, }.ekt,il(tuim arc tiuiit�lemeRLed to cuntorrri thr.re €e:.