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<br />86- 105072
<br />made shall be added to the principal sum owing on the above
<br />10. That the Mortgagor will keep the buildings upon said
<br />note, shall be secured hereby, and shall bear interest at the rate
<br />premises in good repair, and neither commit nor permit waste
<br />set forth in the said note, until paid.
<br />upon said land, nor suffer the said premises to be used for any
<br />unlawful purpose.
<br />7. That the Mortgagor hereby assigns, transfers and sets over,
<br />to the Mortgagee, to be applied toward the payment of the note
<br />11. That if the premises, or any part thereof, be condemned
<br />and all sums secured hereby in case of a default in the perfor-
<br />under the power of eminent domain or acquired for a public
<br />manse of any of the terms and conditions of this mortgage or the
<br />use, the damages awarded, the proceeds for the taking of, or the
<br />said note, all the rents, revenues and income to be derived from
<br />consideration for such acquisition, to the extent of the full
<br />the mortgaged premises during such time as the mortgage ia-
<br />amount of indebtedness upon this mortgage and the note which it
<br />debtedness shall remain unpaid, and the Mortgagee shall have
<br />is given to secure remaining unpaid, are hereby assigned by the
<br />power to appoint any agent or agents it may desire for the put-
<br />Mortgagor to the Mortgagee, and shall be paid forthwith to said
<br />pose of repairing said premises and of renting the same and col-
<br />Mortgagee to be applied by the latter on account of the next
<br />letting the rents, revenues and income, and it may pay out of
<br />maturing installments of such indebtedness_
<br />said incomes all expenses of repairing said premises and necessary
<br />commissions and expenses incurred in renting and managing the
<br />12. The Mortgagor further agrees that should this mortgage
<br />same and of collecting rentals therefrom; the balance remaining,
<br />and the note secured hereby not be eligible for insurance under
<br />if any, to be applied toward the discharge of said mortgage
<br />the National Housing Act within days
<br />indebtedness.
<br />from the date Itereof (written statement of any officer of the
<br />g. 'Brat the Mortgagor will keep the improvements now ex-
<br />Department of Housing and Urban Development or authorized
<br />isting or hereafter erected on the mortgaged properry, insured as
<br />agent of the Secretary of Housing and Urban Development dated'
<br />may be required from time to time by the Mortgagee against loss
<br />subsequent to the days' time from the date
<br />by fire and other hazards, casualties and contingencies in such
<br />of this mortgage, declining to insure said time and this mortgage,
<br />amounts and for such periods as may be required by the Moot-
<br />being deemed conclusive proof of such indigihiiity), the Mor-
<br />gager and will pay promptly, when due, any premiums on such
<br />tgagee or holder of the note may, at its option, declare all sum
<br />insurance provision for payment of which has not been made
<br />secured hereby immediately due and payable.
<br />hereinbefote. All insurance shall be carried in companies ap-
<br />proved by the Mortgagee and the policies and renewals thereof
<br />13. That if the Mortgagor fails to make any payments of
<br />shall be held by the Mortgagee and have attached thereto loss
<br />mo c-v when the saute become dux, or fails to conform to and
<br />payable clauses in favor of and in form acceptable to the Mor-
<br />comply with any of the conditions or agreements contained in
<br />tgagee. In event of loss Mortgagor will give immediate notice by
<br />this mortgage, or the note which it secures, then the entire prin-
<br />mail to the Mortgagee, who may make proof of Ioss if not made
<br />apal sum and accrued interest shall at once become dire and
<br />promptly by Mortgagor, and each insurance company concerned
<br />payable. at the election of the Mortgagor: and this mortgage tray
<br />is : creby authorized and directed to make paymenr for stub less
<br />thereupon be foreclosed immediately for the whole of said
<br />directly to the Mortgagee instead of to the Mortgagor and the
<br />money; interest; monthly payments, costs. ground rousts; kaxes _
<br />"Mortgagee jointly. and the insurance proceeds. or any pas[
<br />and the cost of exteadiug the abstract of dtk from flit date of
<br />thereof. may be applied by the Mortgagee at its option either to
<br />il: loan to the time of commencing sueb.forerlosure suit, and a
<br />the rkAuction of the indebtedness hereby secured or to the
<br />reasonable anoroWs fee, alt of which sball be included in the
<br />restoration or repair of the property damaged, In event of
<br />decree of foreclosure; and the contract embodied in d-is mortgage
<br />foreclosure of this mortgage or other transfer of title to the mix -
<br />and the mare secured hereby, shall in all respects be governed,
<br />tgaged property in rxtingui%hanent of the indeitetioess secured
<br />construed and adjudged by the laws of Kaska; wh=the same
<br />hereby, all right, title and interest of the Mortgagor in and to
<br />ev in
<br />any insurance policies then in force shall pass to the purchaser or
<br />The Covenants herein contained shall bind, and the benefits
<br />grantee-
<br />an d ad.amages shall inure to, the respeattvc heirs, executors, ad-
<br />-
<br />nttrustramm successors, and assigns of the patties hereto-
<br />9. That as additional and collateral security for the paymen -
<br />_
<br />11'ieaever tried, the singular number shall tnciude the plural, the
<br />Of the note described, and alt sums to bec the due ttat#er this -
<br />plural the sunguiar, and the use of any gender shall inodtde all
<br />mortgage, the Mortgagor hereby assigns to the Mortgagor all
<br />rs-
<br />profits, revenues, royalties, rights and benefits accruing to the
<br />Mortgagor under any and all oil and gas leases on said premises,
<br />The foregoing conditions, all and shigular, berm.- performed ac-
<br />with the right to receive and receipt for the same and apply them
<br />cording to their natural and legal import. this conveyance sball
<br />to said indebtedness as well before as after default in the comb-
<br />be void and said premises released at rise expense of the Mort-
<br />tions of this mortgage, and the Mortgagee may demaod, we for
<br />gager; otherwise to be and remain m full forte and ef_ect, .
<br />and recover any such -pay writs -when due and - payable: but shall
<br />' trot be required so to do. -Mrs; assignment is to terminate and
<br />become Pull and void upon release of this mortgage,
<br />Is witness whereof the Mortgagor(s) ha s hereunto set
<br />ti hand(s) the day and year first above written_
<br />r`
<br />In presence of:
<br />- _a e 'i21Sa� iSdt1l
<br />NOW
<br />('Seal)
<br />�. _. tit
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