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6. If he /she fails to pay any sum or keep any covenant provided for in this mortgage, the Mortgagee, at
<br />its option, may pay or perform the same, and all expenditures so made shall be added to the principal sum
<br />owing on the above note. shall be secured hereby, and shah bear interest until paid at the rate provided
<br />for in the principal indebtedness.
<br />7. Upon request of the Mortgagee, Mortgagor shall execute and deliver a supplemental note or noteQ
<br />for the sum or sums advanced by Mortgagee for the alteration, modernization, or improvement made at
<br />the Mortgagor's request; or for maintenance of said premises, or for taxes or assessments against the
<br />same, and for any other purpose elsewhere authorized hereunder. Said note or notes shall be secured
<br />hereby on a parity with and as fully as if the advance evidenced thereby were included in the note first
<br />described above. Said supplemental note or notes shalt bear interest at the rate provided for in the prin-
<br />cipal indebtedness and shall be payable in approximately equal monthly 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 />or sums so advanced shall be due and payable thirty (34) 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 />8. He /she 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 case of 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 have power to appoint any agent or agents it may desire for the purpose of renting the same and col-
<br />lecting the 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 assurance, 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 and
<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 shall 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 Ioss 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 />imstead 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 is extinguishment of the indebtedness secured hereby, all
<br />right, tale and interest of the Mortgagor in and to any insurance policies then in force shall pass to the
<br />purchaser or grantee.
<br />10. As additional and oollaterai security for the payment of the note des <:ribtA, an4l alI sums tc,'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 odand 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 came anti apply them to said indebtedness :rs well Before as after default in the conditions of this
<br />mortgage. and the litortgagee may demand, sue for and recover any such payments when clue and pay-
<br />ab' +e, but shall not be requiregi so to do. This assignment is to terminate and become null and void upon
<br />releas% of this mortgage.
<br />11. He /she shall not commit or permit waste; and shall maintain the property in as good condition as at
<br />present, reasonable wear 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 prodded for in the principal indebtedne:s.:,hall
<br />thereupon become a part of the indebtedness secured by this instrument, ratably and on a parity with all
<br />other indebtedness securi,,d hereby, and shah be payable thirty (iii) days after demand.
<br />12. If the premises, or any part thereof, be condemned under the INjt4er of eminent domain, or
<br />acquired for a public use, the damages awarded, the prtweeds' for the taking of, or the consic+c_rationi for
<br />such acquisition, ti, the extent of the, full amount of the remaining unlxsici inaiebtedstass Sccua ed by this
<br />rnartgage, or hereby assigned to the Mortgagee, and shall be itaid ftirtha4nh ft) s id M•srfgcge >,, t; be
<br />applied un account 4 the liars* maturing installments of such indebtedness.
<br />13. If tilt= Jlortkagm- faits to make am payments when due, or to conft.rm to arse# cornply %a ith any
<br />of the cortditsosts car ag rcments curitained in this mortgage, or th,= notes Match it Secttres, thf n tl,,
<br />clitire- principal ruin and acq�rljed interest shall at face become clue and p.. }zti� ti�, at the c =le- t °tinrt ;.t, the
<br />- Mortgagee; and tl i r.rrtgagu may thereapon be fr,re .losed immediately tnr 11tv =chole of the €nd ted-
<br />lwss noreby �,ecw . ntritttling,'he cost of �teratiing the abstract of title 'Nom th., : ate <if this mci t-
<br />gage to the. Limo elf t'otnrt,encing sur.h suit, a reasonable attorney's f', -A ant - _,ant_ Pa ;ii bs the, ViAerans
<br />Administration on ao ount of the guaranty- or insurance of the it dc•iri 3r,t y t .a c4i h, -I ''f, a,', Ahi[[ t,
<br />shall be included in the decree. of foreclosuce.
<br />14. If the indebtedness wrmNi hereby be guaranlimt,,i or in- sim -,,j t.rntFer 'F*t1e ati. I'rtttrc �tatrs € "�vlf .
<br />such Title and 1 1 j;tflat.ifKts 1fiSU5!d therennii'8r and in , °floi z nn zh : , tt t 1 !,,,f 5�ltti� �{�� • t t, th rig h, ,iuts, a
<br />and liabihties of the loonies hereto, and any prnrt<i", s tif tfor or , +th,•r irictrumrrtt.+ M rotinetOI; %
<br />with said indebtedness which are inconsistent with said Title c.r 11,vgtslati <i11s tarry hereltt amonlit'd td,
<br />t,onform thereto,
<br />The t�tvcnants i.ur, art contained -,hit!) hin,i, and talc- i---ti its and ad%anfstvyr, shall ;s,tar
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