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g6,� 104047 fi. If he /she fails to pay any sum or keep any covenant provided for ir, 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 tile. above note , shall be secured hereby, and shall bear interest until paid at the rate provided for in the principal indebtedness. i. 'Upon request of the }Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes for the sum or Burns advanced by :lfortgagee for the alteration, modernization, or improvement made at the Mortgagor's 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 (30) days after demand by the Mortgagee. In no evert shall the maturity exti!nd 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 Burns 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 poorer to appoint any agent or agents it may desire for the purpose of renting the same and col- lecting the rents, reveuue and income, and it may pay, out of said incomes all necessary commissions and expenses incurred in rentitr }C and managing the same and of collecting rentals therefrom; the balance remaining, if 'My. to b,_ 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 form 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 loss 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 collateral security for the payment of the note described, and all sums to become clue under this mortgage, the ;Mortgagor hereby assigns to the Mortgagee all lease bonuses, profit.-,, reve- nues, royalties, rights.:uud ether benefits accruing to the Mortgagor under any and all oil and gas leases now, or during the hi'o ,oI- this mortgage, executed on said premises, with the right to receive and receipt for the same and apple tir,�m to said infebtedrtess as well before as after default in the conditions of this mortgage, and the llortynagee may demand, sue for and recover any such payments when due and pay- able. but ,hall nut be so to do. 'rhis assignment is to terminate and become null and void upon release of this nuu•tgMge- 11. He /she shall riot commit or permit waste; and shall maintain the property in as good condition as at e prsent, reasonable �.coar :ul:i t,�;tr excepted. Upon all failure to so maintain, Mortgagee, at its option, stay cause r, asonahi, ntaiw, tutnce work to be performed at the cost of Mortgagor. Any amounts paid therefor br Monk;, --, ;:half lwar interest at fill' rata provided for' in the prurcipal indebtedness, shall thereulwn bot once a tart ut tit(' indebtedne S secured by this instrtunent, ratably and on a parity with all outer d ir,_r,Ly, and shall be payable thirty 00) days after demand. l°. If the or :wY Hart thereof, he condemned under, the lancer of eminent domain, or acquir-i for puh!l, ,,.,, . tim ,iaoutgcs awarded. the proceeds for the taking of, or the cortsidcratiat for such ac411;11 i<ur, to tip, "\t, lit. „t the full amount of the remaining unpaid indebtedness secured by this nloltgage, or iwr,h, t,, the Mortgagee, and :shall be paid forthtrttit to said Mortgagee, to be aIll)lied on ric, „unt .. ti;.: 'ast ntsturmg ins+_allrncnts of Such indebtedness. 13. If th, St,,,': ,err „r I;ul< ±o ❑tape atty pant <nts loiter. due. �,r to conf,n'm to and comply with any ( the t ntubteu�,: .,;�r,,m,•nts c,vit:un,d in this mortgage, or tilt, notes tthich it secures, then the nt,re prim , ai .un, .,,.:i a, crucd uttcrest a,nll at uuce ber „me due and pad �tbl, , at the eloct.ion of the 1luriga,t,,t: a Ili i tl,. >. IiV,(,l! • mac t111, kIpuu he i'oT."k,Ii.s,.(I inunediately for the ttholo of, the indebted - ns ni>r tiOl ,..t f ., u,iurg the abstract of title from the date of this nlort- gake t., thr tin, , ;,.:n, r, Ing, an, h curt, are asonabh ,111,o Iw 's fir, and ;w% sUnu Raid by tilt' Veterans :1 =bmnis': ra! r <_ii n ., .But , gtr;,r;.nty uan an.r , hr nuicht,,irr. s, >. < ured h. r, br, all of which iw nu!urir,i an ti . i,, n • of fur„ Nit ,,,1 to un,l, r illd t r i,r+ ,f "hall the r�t;nt:, r'utrrs _rut ..,. , ,, !; .:u'.i alit irr: � „ �ia ru n;rnt. ,•v�,��.�t,•�1 itr r, n, n,�, I i n ,, .,.. .. ,,..,., .,,. i ,na_•...r. ,..tl: .u�,i - I;t1,. }:,{:uL,'.i, n. ar, ` ,.. , ;, ,i..... h : ;�i, :i t. ! 'I, , I t:. 1 , :t,i ;i `l,.l A� . 'i':t,l i,,., ti . tt:..