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<br />If he/she fnIB to pay any sum or keep any covenant primed for in this mortgage, the Idortgagee, at
<br />its won, may pay or perform the same, and all expenditures so made shall be added to the principal sum
<br />owing on the &hove note, shall be secured hereby, and shall beau' interest until paid at the rate provided
<br />for In -the principal indebtedness.
<br />T. Upon request of the mortgagee, .Mortgagor shall execute and deliver a supplemental note or notes
<br />for Mite sum or sums . advanced by Mortgagee for the alteration, modernization, or improvement made at
<br />the ms's request; or for maintenance of said premises, or for taxes or assessments against the
<br />same, and f4 -xny other purpose elsewhere authorized hereunder. Said note or notes shall be secured
<br />hereby an a panty with and as full; as tf the advance evidenced thereby* were included in the note first
<br />described above, Said supplemental none or notes shall bear interest at the rate provided for in the prin-
<br />cipal tedness and shall he payable in approx mateiy equal monthlS payments for such period as mar
<br />be agreed upon by the Mortgagee and Mortgagor. Failing to agree on the maturity, the whole of the sum
<br />or stuns so advanced shall be due and payable thirty f 30) 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 />hbe hereby aasigt:s, and sets over to the Morsgagm. 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 />ticros of this mortgage or the said note, all the rents, revenues and income to be derived from the mort-
<br />& geed premises during such time as the mortgage indebtedness shall remain unpaid; and the Mortgagee
<br />"tail have power to appoint any agent or agents it may desire for the purpose of renting the same and Col-
<br />pay fife rents, mvenurfs and income, and it mat pay out of said incomes all necessary commissions and
<br />e3Lpeases 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 />S. Malaise will continuously maintain hazard insurance, of such type or types and amounts as
<br />Mongsgee may from time to time require, on the improvements now or hereafter on said premises and
<br />=vept wben payment for all such premiums has theretofore been made under fa! of paragraph 2 hereof,
<br />-A pay promptly when due any premiums therefor upon default thereof, Mortgagee may pay the same.
<br />ALI moutsnce 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 lass payable clauses in favor of and in
<br />form ocoeptWAe to the Mortgagee. will give immediate notice by mail to the
<br />lltort{prgee, who may matte proof o #`1 n04 by Mortgagor, and each insurance company
<br />concerned is hereby authorized and • �Aa m it+e:payment for such loss directly to the Mortgagee
<br />instead of to the Mortgagor and the `1@!`7ohTtlY and -the insurance proceeds, or any part thereof,
<br />av be applied by the MurWagee 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 />taardder of tilde to the mortgaged property in extinguishment of the indebtedness secured hereby, all
<br />nght, title 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 collateral security for the payment of the note descrJwd, and all sums to become
<br />due under this mortgage. the 1liurtgagor hereby assigns to the Mortgagee all lease honti-S. profits, reve-
<br />nues, royalties, rights, and other benefits accruing to the 3ortgagor under any and all oil and 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 same and apple them to said indebtedness as well before as after rtefault in the conditions of this
<br />mortgage, and the Mottgagc-c may demand. sue for and recover any such payments when due and pay -
<br />able. but shall not be reynired su to do. This assignment is to terminate and lK-come null and Void upon
<br />release= 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 rear and tear excepted. Upon any failure to so maintain, liortgagee, at its option.
<br />may cause reasonable maintenance work to be performed at the cost of 3ortgagor. Any amounts paid
<br />therefor by Mortgatae= shalt ixar interest at the rate provided for in the Principal indebtedness, shall
<br />thereupon become a part of the indebtedness secured by this instrument, ratably and on a parity with all
<br />other indebtedness secured hereby, and shall be payable thirty (30) days aster demand.
<br />i2. If the premi.4&s, or any part thereof, be condemned under the power of eminent domain, or
<br />acquired for a public use(% the damages awarded, the proceeds for the taking of, or the consideration for
<br />such acquisition, to the t-xter)t of the full amount of the remaining unpaid indebtedness secured by this
<br />mortgage, or hereby assigned to the Mortgagee, and shall be paid forthn-ith to said Mortgagee, to be
<br />applied un account of the last maturing installments of such indebtedness.
<br />73. If the a1u!•fgagor fails to make: any payments when due, or to conform to and comply -with any
<br />of the conditions r,r agr- tr,ents contained i.n this mortgage. c.r the notes cki:ii'h it secures, then the
<br />entire principal s1n1 and accrued interest shail at once income due and payabk>• at the election of the
<br />}rl artgagee; and this i gag in,ty thetcutKin be foreclosed immediatelti for fire tsheak of the indcbted-
<br />114'm h,�reby se4 ur d , 1.joi'rit he cr t o, +- Xtcmdrng the abstract of le front the date of this mort-
<br />gage t.ot% tun, of c „ir,n++-neing �suz-h ,.urt, a rcas unable attorney's fc•c. at n 3t2} Surmn paid by th+ Veterans
<br />Administration n.tt ac;+,uiat of *,r1(- guaranty or it.surancc of the rndi,bi, r9t, ss 'Al all ,� "O "Ich
<br />:shall be iadudcui in ll)e dec.rc > of for+ - closure.
<br />14. if the indebtmintss sevurod herriry f e guararill—i or :rise, =•ri m l,r "Fta, : .
<br />,;w,h Title mvi RxwulalilmN is uo d thereunderatid in : fl_ t ,m 01 ist?,. , r r. tlr,' r,ghts, duo+ °s
<br />L stt+l ixsicrii +ifs of the tnsirtsr =s hereto, and an?' pt .=vt4 -inns of ti,:s ,r n, , tit urn -.its, a.YUt, =d it eons, rti, r
<br />w. tent will, aid ' E lti are h reh} allwrid?";
<br />th eRd ceieiitu th w tr t *t
<br />s oanf'arm. t:htr eu .
<br />The rti,xenaest+ fwve•aa: <- iritam'-d shall 1,inci, and thl - i , 6"s P41)d small vuz;re lo, tta+
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