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<br />8. lf°;heis he sites to pay arty s m or keep. my ,,ant °prrovi&d for in timmortgoee, the `Morrtgoeee,;at
<br />ita.®ption, mayp v or per -form the acme, snd ail e q enditum so,made shall be added to the principoi sum
<br />owing o the shove note, shall be secured hereby, and shall bear interest until.paid at the:ra Provided
<br />ftminthe .,principral.indebtedn .
<br />7. Upon- rega>teat of ihe3l ortgagee, r Shan execute, and deliver a supplemental note or$ot�es
<br />for the sum'or sums advanced by- 11ort;agee for the alteration, modernization, or improvement msde:St
<br />the.�r 's .request; or for maintenance of said premises, or -for taxes or assessments,agsiust the
<br />acme, and for any -other purpose elsewhere authorized hereunder. Said note or notes shall be secured
<br />hereby oh a parity with and as -fully as if the advance evidenced .thereby were included in the note first
<br />above. Said supplemental mote ornotes shall bear
<br />: interest at the r iate provided forn the prin-
<br />cipal indebtedness and shall, be payable in approximately equal monthly payments for
<br />auchperiodas:may
<br />be .agreed upon by the Mortgagee and' Mortgagor. Failing to agree on the ma turity ,:the whole of the sum
<br />or sums so advanced shall be due and payable thirty (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 />8 Heimbe hereby —iP transfers and;sets over to the Mortgagee, to be applied-towardthe 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 /ihe will continuously maintain hazard insurance, of such type or types and amounts at'
<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 2 Hereof,
<br />will pay promptly when due any premiums therefor. Upon default there f, 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 `bt dd 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'maiito the
<br />Mortgagee, who may °maike proof of loss 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 />instead 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 in extinguishment of the indebtedness secured hereby, all
<br />right, 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 desr•ribc•d, and all sums to 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 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 appi them to said indebtedness as well before as after default in the conditions of this
<br />mortgage. and the /Mortgagee may demand, sue for and recover any such payments tivhen due and pay-
<br />able, but shall not be retiL Trod so to do. This assignment rs to terminate and become 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 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 o1' Mortgagor. Any amount's paid
<br />therefor by Mortgagee shall hear interest at the rate: provided for in tilt' principal indebtedness, shall
<br />thereupon become a hart of d the indebtedness secured by this instrument, ratably an on a parity with all
<br />other indebtedness secured hereby, and shall be payable thirty (30) days after demand.
<br />12. If the premises, 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 extent of the full amount of the remaining unpaid indebtedness secured by this
<br />mort "ge, or hereby asst -greed to the Mortgagee, and shall be paid forth xith t,� said Mortgagee, to be
<br />applies) on account Of the last maturing installments of such indebtedness.
<br />13. if the 3ortgagor fails to make anv payments when due, or to conform to :end comply «•ith any
<br />of the conditions or agreements contained in this mortgage, or the notes ctilwil it secures, then the
<br />cmtire principal sum and acer'ued interest, shall at once become due and pa >o-ahl. , at the election of the
<br />.Mortgagee; and this mortgage May thereupon he foreclosed immediately for the 10-le of the indebted -
<br />ness hereby sveli fi. ',ov 111d i iig the cost of extending the abstract of title from the date of this mort-
<br />gage to the time of cornn 'ell eing such Suit, a reasonable attorney's foq, , and any sum:, paid by the Veterans
<br />Administration nn account Of tiie guaranty Or insurance of the• indebtedness seemed hereby, all of which
<br />shall be included ire t,Jke decree of foreclosure.
<br />14. If the indebtedness secured hereby be guaranteed or insured under Title :39, United States Code.
<br />Hoch Title soil llr rrlactions iSrraed thereunder, nd in 01'eci, on Ow data. Ire reoi'shall gov i rn the rights, duties
<br />and liabilities of the parties hereto and any provisions of this or other Instruments 1 ,Xr -voted ill ronnvetion
<br />with ,wait/ indebtetin«Mis which are inconsistent with said 'Title or Regulations are hereby amended to
<br />conform thereto.
<br />The covenants herein crnrrtscura:•d rshull /:roil, and the borwfil., and adrantage� oha13 omit' tn, th.
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