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<br />the pommy otherwise after deiaull, the Mortgagee shall apply, at the time of the csmmence^rznt cti suc;n
<br />of at The time tb& property s otherwise acquired. the aaaourt then remaining to r..edit of
<br />ldtntt 3 °ffiades . °, :of �`b ? pmr•eding. as a credit on the interest k . -r and unpaat! and fife
<br />beirmce to ttim rema niag unpaid tau said note.
<br />�e 1jen of ttki ' t shall re in m ju i form and erect during :sn3• poi pernement ,or ex#:en-
<br />of the time of t ' the in AWsna� 9 tai a ured hereb-v-
<br />jpvund rents,taxeas, AsSeSSINerita, Water Yates, and other ge'vernmenLai or municipal
<br />kvied'upon said mouses and that be will pay all taxes levied upon this
<br />tar 4he aiebd a thy., vvit}i ans ottner faxes car assessments u <hichtt►ay be level
<br />a>r> tree lariRS �f i3ks atMh�t or fife irgal bolder <Af said principal rotate,, tan acectunx of
<br />»ilia - •� %.� sudi items has t%eretofore been made wader {a) tf para-
<br />� h�f, and tae '. � de�srs tlae cdfrcial rc�:eipts therefor to t31e l[ortg�ee. In default
<br />] f } 3s to pW MY sum car 3C + an3* earenar.: prox ided for in this Mortgage. the Mortgagee. at
<br />its �on may per' nr p"•form the same, anti all expenditures so made sftaI] be added t ci the �rtr_ctpal sum
<br />y aRr the:above Ante,,shall be secured hereht•, and shall bear !n *_ert�st at the rate provided for in the
<br />cipme in us'ta3'pata.
<br />7. Upon request of the Mortgagee, Mortgagor shall execute and ,deliver a supplemental note or ncthe
<br />feu t1w sum,or sumsad%wwed by MurLgagse feu° the alteration, mMernization or improvement oracle at file
<br />Y s request: or for maintenance of said premises, or for taxes or assessments against the same,
<br />a any other purpose elsew3aere authorized hereunder. Said note tar notes shall be secured hereby
<br />sn a parity with anti as hilly as if the advance e,. ide.nced thereby we- included .r. the mate firs ,#escritted
<br />above. Said supp'lemeental note or notes shall bear interest at the rate provided. or in the principal sndeht-
<br />ednews and shall be payable in approximately equal monthly payments for such period as may be agreed
<br />upon by the .M� acrd WortMor. Failing to agree tart the -maturity, the wbole of the sum or sums
<br />a© it� -shall be due and payable thirty (30) dais a+terdemandb the Mortgagee. In toevelit s}lall
<br />the maturity extend bevond the ultimate maturity of the note first described.above
<br />g. He }hereby assigns, transfers said sets over to the Mortgagee. to be applied toward the payment c.
<br />the ntidie sad all sums secured herAn in case of a default in the perfonsnance of any of the terms and cor-
<br />ditions of this Mortgage or the said note. all the rents, revenues and income to be derived from the mort-
<br />8 d prom ses during such time as ',all t emain ut paid -, and the Mortgagee
<br />g}" have power to. appoint any � !� for the purpcs, of remnlig the samle and
<br />collecting the rents, revenues and 1 ontMe 't:r+Rg o said *tcomes ah nc:cessar y eommissions
<br />and expenses .incurred in renturg anti mlg'oIicc�tn _ntal ittereflnr.s;th balance
<br />a
<br />remaining, of any, to be applied tctw•a�d - , g g e inn btedress.
<br />q. He mill continuously maintain hazard insurance. of such 'Y- >r ;pea :and am >unts as tr :e Moil-
<br />9.
<br />may from time to time require. on the improvements noy or Hereafter on said premises, and except
<br />when payment for all such premiums has theretofore been made tinder ca) of paragraph n hereto %vill pal
<br />promptly when due any premiums therefor. upon default thereof, Mortgages may pay- =_he sa n, .iii
<br />insurance shall be carried in companies approved by the Mortgagee and the ,ul. yes and renew a s t --, <rI`
<br />shall be held be the Mortgagee and have attached thereto loss payable claus s favor of and ,n form
<br />acceptable to the Mortgagee. In event of loss Mortgagor will give immediate notice by mail to the Mort-
<br />gagee, w•ho may make proof of joss if not made pmmpt :iy sty Mortgagor. and each it curanc = company
<br />concerned is here }ay authorized and directed to make payment for such luss dire in ±lie Mcirtgagc
<br />instead of to the Mortgagor and the Mortgagee jointly, and the Insurance proceeds, or arty pat f thereof.
<br />may be applied by the Mortgagee at its option either to the rEdu( —ic n of the indebtedness hereby secured
<br />ortothe restoration or repair of the props rty- damage =d. lr. 4, ent if fo •e<losnr of thi trartgage or cit3tPr
<br />transfer of title to the mortgaged properly n exzingu,shment of the indebtedness secured hereby, all
<br />right, title and interest of the Mortgagor in and *..o at,y insurance pohc ies then in fio c f, shall pass to the
<br />purchaser or grantee.
<br />10. As additional and collateral security for the payment of the note described, and all sums if) become
<br />due under this mortgage, the Mortgagor hereby assigns to the Mortgagee a]1 lease ;tonuses, profits- reve-
<br />nues, royalties, rights and other :benefits accrumg to the Mortgagor under any and all oil and gas ]eases
<br />now, or during the We of this morlgaWt. exteuted o ,aid premises. +ith the ighi to � -ceitie and receip±
<br />for the same and apply them to said indebte =dness as cfl bef urf, as a.t:er defaulf in the conditions of this
<br />mortgage, and the Mortgagee may demand. sue for and i ec over an such pay rnents when due and payable.
<br />but o"ll not be required sit to do. Thig assignment is t.o term late and become null and void upon release
<br />of this mort9w.
<br />11. lie shall not commit or permit "a"te; acid shall maintain the property in as goon condition as at
<br />peat, r+esaonaMe wear and tear excepted. Upon any fa,lure t;o so maintain, Mortgagee. at its option.
<br />may cause reasonable maintenance work to l* performed at. the cost of Mortgagor. Any amounts paid
<br />Lhereior try 7itntgagee shall bear interest at the rate provided for in t:he princinal indettedness, shall
<br />thereupon become .a part, of the indebtednes, secured by this instrument. ratably and on a parity ii';th all
<br />other indebtedness secured hereby, and shall I" payable thirty (30) days after demand.
<br />12. He will not execute or file of rvc m d any instrument which imposes a restriction uTyin thv salt' or
<br />oecupaucy Of the property described herein on the basis of race, color or creed.
<br />1,.3. if the premises, or any part thereof, be condemned under the power of eminent domain; or acquired
<br />for a public use, the damages a%varded. the pra'w=ds for the taking of, or the consioe at so r sac }i
<br />saguisition . to the extent of they full amount o` the remaining unpaid indebtedness a:ecuren vy L i.s rrtort-
<br />gage,are hereby assigned to the Mor'tgugve, and shall be paid forthwith to -aid Mor•tiragee, tc, 1K- rirrplied
<br />on account of the last maturing installments of such indebtedness.
<br />14, if the .Wortgwir fails to make any paytntnts when due. or tf ronf rm if, and comps u ilh Wo
<br />Hof conditions or 'green mts contained an this msrt.gagce, or the ri ,t< tictiu h it s,K urea, ter ir, Lr'Vlnwt-
<br />gaypeaer be adyudica ed bankrupt or made, defendant in a banl ruptc•y ,r re�t'eiter.,shii, t>r r'fr ^ding beta +he
<br />entire principal am and arcrrued interest. shall at cmrq• lwfcmw due and payabl , at the milw t ion cif thf� M ,rt-
<br />saff*; and this merrtgsr� may therfa.,n be ffirec•losed imp—.dint;-1v for the' whf,it- ,f Litt
<br />eecrebu Wuted, rraclucifng kite cost, of e�xtesndltttt±.he' ahstratt � title from the ,late of 1} is 7ni> fiat ti,i'
<br />vmw of eavin! encing svL* {UIC ar readUnabli! atiorne v's fee:., and any %firms- pmts b> the st f tR rkin.
<br />ties vita sorount-of thre guaranty or tnnuranca ,Tf the indtMA—drlepw sfK�ure {d fwreby, all of w'hx}, shad he
<br />in the dwr•rw of fc rcck*urri.
<br />sad lfn. 'LiR$tFl i;rnrtrtd �tislefi (,'.citde. Arid tttp NegulaLonK sais!uet9 ther°r°uaicier si all Rc, +`F eta ti:e• n€rat .data•"
<br />baislit fs of the W hervut, Add iva?' ty Shia r father ,nsirtatTS� .tt�z ,•> � a? cs9 i nne� x +r
<br />W101 said indebtadneiss vRhst'h art i3tr1mKimew, r OJr %Wd 'T°rtl, ;,r 3is gulat >es ^e ore t
<br />say rri aFwexi�rl + , cxnnfcKrrn ither+l�tst_
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