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�. 100808 6. If he /she fails to pay any sum or keep any covenant provided for in this mortgage, the Mortgagee, at its option. may pay or perform the same, and all expenditures so made shall be added to the principal sum owing on the above note, shall be secured hereby, and shall bear interest until paid at the rate provided for in the principal indebtedness. 7. Upon request of the Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes for the sum or sums advanced by Mortgagee for the alteration, modernization, or improvement made at the Mortgagors request; or for maintenance of said premises, or for taxes or assessments against the same, and for any other purpose elsewhere authorized hereunder. Said note or notes shall be secured hereby on a parity with and as fully as if the advance evidenced thereby were included in the note first described above. Said supplemental note or notes shall bear interest at the rate provided for in the prin- cipal indebtedness and shall be payable in approximately equal monthly payments for such period as may be agreed upon by the Mortgagee and Mortgagor. Failing to agree on the maturity, the whole of the sum or sums so advanced shall be due and payable thirty (30f, days after demand by the :Mortgagee. In no event shall the maturity extend beyond the ultimate maturity of the note first described above. 8. He /she hereby assigns, transfers and sets over to the Mortgagee, to be applied toward the payment of the note and all sums secured hereby in case of a default in the performance of any of the terms and condi- tions of this mortgage or the said note, all the rents, revenues and income to be derived from the mort- gaged premises during such time as the mortgage indebtedness shall remain unpaid; and the Mortgagee shall have power to appoint any agent or agents it may desire for the purpose of renting the same and col- lecting the rents, revenues and income, and it may pay out of said incomes all necessary commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining, if any, to he applied toward the discharge of said mortgage indebtedness. 9. He /she will continuously maintain hazard insurance, of such type or types and amounts as Mortgagee may from time to time require, on the improvements now or hereafter on said premises and except when payment for all such premiums has theretofore been made under (a) of paragraph 2 hereof, will pay promptly when due any premiums therefor. Upon default thereof, Mortgagee may pay the same. All insurance shall be carried in companies approved by the Mortgagee and the policies and renewals thereof shall be held by the Mortgagee and have attached thereto loss payable clauses in favor of and in fora acceptable to the Mortgagee. In event of loss Mortgagor will give immediate notice by mail to the Mortgagee, who may make proof of loss if not made promptly by Mortgagor, and each insurance company concerned is hereby authorized and directed to make payment for such toss directly to the Mortgagee instead of to the Mortgagor and the Mortgagee jointly, and the insurance proceeds. or any part thereof, may be applied by the Mortgagee at its option either to the reduction of the indebtedness hereby secured or to the restoration or repair of the property damaged. In event of foreclosure of this mortgage, or other transfer of title to the mortgaged property in extinguishment of the indebtedness secured hereby, all right, title and interest of the Mortgagor in and to any insurance policies then in force shall pass to the purchaser or grantee. 10. As additional and c,rllateral security for the payment of the note descri!x.I, •rr,d all sums to become due snider this mortgage, t1W Mortgagor hereby assigns to the Mortgaget., all lease bonuses, profits, reve- nues, royalties, rights, and other benetits accruing to the Mortgagor under an; and all oil and gas leases now, or during the life of this mortgage, +executed ors said premises, With the right to receive and receipt for the same and apph th,,rr, to said indebtedness as well before as after default in the conditions of this mortgago, and the \l,,rtg:rg.« • mac fill d, sue for and recover any such payments hen clue and pay- able. but shall not he rr, ;aired so to do. This assignment is to terminate and become null and void upon release of this mortgage. 11. He /she shall not commit or permit waste; and shall maintain the property in as good condition as at present, reasonable •.%ear and tear ,,xcepted. l'pon any failure to so maintain, Mortgagee, at its option, may cause reasonabL• maint«-•nance work to he performed at the cost of Mortgagor. Inc amoun ts paid therefor by Mortgagee shall it, ar interest at the rate provided for in the principal indebtedness, shall thereupon ht•come a part of the indebtedness secured by this instrument, ratabh• and on a parity with all other indebtedness See'm'ed hereby, arid shall be payable thirty l30/ days after demand. 12. if the premises, ,r any part thereof, be condemned under the power of eminent domain, or acquired for a public use, the damages awarded, the proc•ecds for the taking of. or the consideration for sa :h acquisition, to the extort of the full amount of the remaining unpaid indebtedness secured by this mortgage, or hereby assigned to the Mortgagee, and shall be. paid forthwith t, said Mortgagee, to he applied in account of the last maturing installments of such indebtedness. 15. if ttre NSortgag.u• fails to make any payments when due, or to confor•nr to and comply c: ith any of the conditions or agreements contained in this mortgage. or the not, s .+'hich it s,,cures. then the entire principal sum and accruefl interest shall at once become due and at the election of the 11t�rtgagee; and this mortgage may thereupon he foreclosed immediately for Ow •%11,14• ,f the inciebted- li a heretic st -pr •d, ,tu'liniing the cost of extending the abstract of title fif,m the data of this mort- gage to the time ,t ,'omnu•ncing ,uf h quit, a reasonable attar ney's fee 11,d an'. •um; li•r id by the Veterans Administration ,.in w—unt "f the guaranty or insurance of the rid t :t4 l.ie ..:.erur,•d hcr,h },all of wflich :hail be included in the decree of foreclosure. 14. If the indebtedness seeure•d hereb% be guaranteed ,r msureil nndr•r 'fide 'ih, 1'nttrd States ('ode, �y such Tittt and ltegul at:ons r: ♦ued the�reunfler and in effect on tlt, :iat I r •t i ul gm r i t w r igli ifutJos anrt liabilities of the parti s r •r,•t: and ant provi i nip of 01I ,r "s' , i i arum d t1%CCU1.1,i I It 4 n11,•ction •xitlt said IRdeht(di,P3ti Wndla !U'f 'f:fnrlRrltPOt kith raid Title „r l.eeula,.Tls :ue her•ehy .tr,ee,ded t,i n ,,,rafnt'ri therc•t.,, � 9'he .,tti'erianE - .;= rf �a '�,r:';c4n +•,l Out il t >uul, and the c•r.f ri.s anal adcautas« t". J