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Re -re-ea -C/o a/ 86Z-004394 85-- 009M 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 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 tint 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 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 be 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 adtlitional tsar collateral security for the payment of the note described, and all sums to iveoine. due under this mortgage, the Mortgagor hereby assigns to the Mortgagee all lease bonuses, profits, reve- nues, royalties, rights, and other benefits accruing to the Mortgagor under any and all oil and gas leases now, or during the We of this mortgage, execrated on said premises, with the right to receive and receipt for the same :sill apply then- tai said indebtedness as well before as after default in the conditions of this mortgage. and the dlortgage0 may demand, sue for and recover any such payments when due and pay- able. [)lot shall not be nNtuired so to do. This assignment is to terminate and beeonte n1111 and void upola release of this mortgage. 11. He /she shalt not commit or permit waste; and shall maintain the property in as good condition as at present, reasonable wear and tear excepted. Upon any failure to sea maintain, Mortgagee, at its option, may cause reasonable maintenance work to he performed at the cost of Mortgagor. Any amounts paid therefor by Mortgagee shall War interest at the rate provided for in the principal indebtedness, shall thereupon become it part of the indebtedness secured by this instrument. ratably :sill nn a parity with all oth.or indebtedness secured hereby, and shall be payable thirty (30) days after demand. 12, if the premiers, or any part thereof, be condemned under the Imwer of eminent domain, or acatuired for is public use, the daunages awarded, the proceeds for the tithing of, or the ca ►nrsiairration for such acquisition, to the extant of the full amount of the remaining unpaid secured by this mortgage, or hereby assigned to the Mortgagee, and 24111111 be paid forthwith to said 1lortgagee, to he applied oil account o1' the last maturing installments of such indebtedness. 13. if the Mortgagor fails to make anv payments when due, or to conform to and nd comply with any of the condition-4 or agroement24 cotrtainecl in this nuolgage, or the notes which it seeurl's, thou the entire principal sam and accrued interest .4ludl at once become slue .11141 payahlv, at the election of the Marti agee; and this morIgage trsay thereupcnt he foreclosed immediately for the aisle of the indebted- ness hereby .4ocured, ipchiding the cost of extending the abstract of title from tilt' date of this nlort- galte to the time of eonnnameing such suit, a reasonable att►n•ncy's fee, and aany xurlas 11s1d by the Vl0teran.4 Administration on account of the guaranty or insurance of thu indclrt0dnexs secured trerehy, all of which shall be included in the decree of foreclosure. 14, if the indebtedness secured hereby be guaranteed or insured under ' title ;iii, 1lnite(i states t'ode, such Title and Regulations issued thereunder and in elfect oil the slat(- hereof 8111111 govern the rights, dntiex and liabilities of the parties hereto, t►nd any provisions of this or 0010- instruments exc•cutrd ill connew•tion with satid Indebtednes.4 which are inconsistent with salilt 'Dille or Regulations are hereby aunendecl to conform thereto. The covenants herein contained shall Imid, and the 1rendits and advanlagex shall inure to, the ., `q9 !!