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<br />006833
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<br />6. If he fails to Pll-Y any sum or keep any cove~t provided for in this mortgage, the Kortppe, at
<br />its option, may Pll-Y or perform the same, and all expenditures so made sh~!l be added to the priJlcipalaum
<br />owing on the above note, shall be secured hereby, and shall bear interest until paid at the :rate provided
<br />for in the principal indebtedness.
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<br />7. Upon request of the Mortpgee. :Mortgagor shall execute and deliver a suppleme&tal mUGI'DOtles
<br />for the sum or sums advanced by Kortgagee for the alteration, modernization, or ~ mIllIIe at
<br />t.he Mortgagor's request; or for maintenance of said premises, or for taxes OJ' us' 'MeMII agaimIt..tbe
<br />same, and for an"v other purpose elsewhere authorized hereunder. Said ~ ~ DOtea shaD be~
<br />hereh~' 0!1& parit). with and as fully as if tile advance evidenced thereby were mdndeIimUw ...'~
<br />described above. Said supplemental note or notes shall bear interest at the rate ~ for mfll:ec~
<br />eipal indebtednellS and sh::ll be Pll-yable in approximatel). equal monthl)' pa~ for aueh ~-mar
<br />be ~reed upon by the Mortgagee and Mortpgor. Failing to agree OIl the maturity, the w~ oitiw,aum
<br />or sums so advanced shail be due and payable thirty (30) days after demand by the M.....I}. ;gee fa DO
<br />event shall the maturity extend be)'ond the ultimate maturity of the note first deecribed aboft.
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<br />8. He hereby assigns, transfers and se~ over to the Kortpgee. to be ~ ~the ~ em: fIf
<br />the note and all sums secured hereby in case of a default in the performance of any of the tenu aad.CI:IIIdi-
<br />tions of this mortgage or the said note, all the rents, revenues and income to be derived from tbe ~
<br />gaged premises during such time as the mortgage indebtedness shall remain unpaid; aad the M~
<br />shan have power to apiX'int any agent or agents it may desire for thepurpoae of l't'.nting tbe UDieaad.coI-
<br />lecting the rents, re\'enU€5 and income, and it may payout of said incomes aU neeessary............-""iOMaad
<br />ex~nses incurred in renting and managing the same and of collecting rentals therefrom; the braiaRce
<br />remaining, if any. to he applierl toward the discharge of said mortgage in~
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<br />9. He win continuously maintain hazard insurance, of such type or t}--pes and amounts as K~
<br />may from time t.o time require. on the improvements now or hereafter on said premises and except when
<br />payment for all such premiums has theretofore been made under (a) of p&nlgnph 2 hereel, wiD P8F
<br />promptly when due any premiums therefor. Upon default thereof, Mortgagee may pay the aame. All
<br />------ffi;;1..'l'lHl<Jt'.~-y:.rjPd ;" <'nmI"'nies..apprnvM hy the->>4lrt~.JInd..:!:.hI>-P"lieifi all
<br />shall he held by the Mortgagee and have attal'lled thereto lOBS payable clauses in favor of aad m form
<br />/l.cct>ptable to the Mo-rtgagee, In event of lOBS Mortgagor will give immediate notice by mail to the Jlort-
<br />gagft'. who may make proof of loss if not made promptly by Mortgagor, and e&ch insurance company COIl-
<br />cerned is hereb)' authorized and directed to make payment for such loss direcily to the Mortcacee instead
<br />,[ to the Mortgagor and the Mortgagee jointly, and the insurance proceeds. or any part tkeleM,
<br />may be applied by the Mortgagee at its option either to the reduction of the indebtednellS hereiJ)' secured
<br />or to the restoration or rcpair 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 pasIS to the
<br />purchaser or grantee.
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<br />10, As additional and coiiateral security for the payment of the note descrilM:d. and all SUl1UI to become
<br />due under this mortgage. the Mortgagor hereb)' assigns to the Mortgagt'(' all lease bonuses, profits, reve-
<br />nues, ro~'alties, rights. and other benefits ac.cruing to the Mortgagor under any and all oil and gas leases
<br />nolA', or during tne life of this mortgage, executed on said p"emises, with the right to receive and receipt
<br />for the same and apply them to said indebtedne,>s as well before as after default in the conditions of this
<br />mortgage. and the MortgagN' may demand. sue for and recover any such paymt'nts when due and pay_
<br />able, but shall not lx, n-':luirpd so to do, This assignment is to terminate and become null and void upon
<br />release of this mortgace.
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<br />n. He shall not commit or permit waste; and shall maintain the property in as good condition as at
<br />present, reasonable we.ar and t.ear excepted. Upon any failure to so maintain, MortgagL>e, ai its option,
<br />mil)' cause reasonable maintl'nance work to be performed at the CWit of Mortgagor. An)' amounts paid
<br />therefor by MOI1l;..gl~ sll..l1 bear interest at the rate pro\'ided for in the principal illdebtedneu, wi!
<br />tht'I'eYpon 1x'{'0ITlt' a part of the indebtedness .secured by this instrument, ratabl~' and on a parit}. with ail
<br />other indebtedneM s~'eured h"rt'by, and shall be pa~'able thirt), (30) days after demand.
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<br />12, If the premises. or any part therftlf. be condemned under the poWt'r of eminent domain. or
<br />acquired for a public:: WW, the damages awarded. the proceeds for tilt, taking of, or Hit' consifk'ration for
<br />such ~isition, t.o the f'l(tkllt of the full amount of the remaining unpaid illdd_'h...Jn~ss St'l'ured bv this
<br />m{l~. or hert'oy assignt'-d to the Mortgagl'e. and shall be paid forthwith 10 said Mortgagt't': to be
<br />&pptied 00 UCOUllt of the last maturing installments of such indebtedneS!l_
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<br />13. If' till" MOl"t~agor fail!! to make allY pa~'ments when due. or to ('<lIlform to and ('omp!y' witll an~'
<br />of the conditimlJi or agret.ment1l contained III this mortgage. or tht: TH.te:; which it. St"CUlbIl, then t.ht'
<br />t~lltire principal !lum and accrued interellt shall at once bN'ome due alld paYlibi... at t.he f'ledion of the
<br />)Jlo~; and this mortg~ may thereupon be foreclosed immediately for the whole of the indebted-
<br />- ~ ll<t'Cur..d., ii1l'lu(!ing tht' coM of extE-nding the ~tract of tit~ from the dll.k' of this mort-
<br />PII9 totbe time ()f ('llIDmencillg l!och !luit. a reuonab1e attorneY'1! ft't,. and any ~ums paid by the \'eteralls
<br />Admi!lietratioo on au'oullt of the guanmty or iTlllUrallCt, elf the indt'b!Nillt.s~ sl'('un'\llwrd,y. all of which
<br />~ 9ft jKI~ in l;he decree of foreclosure.
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<br />]4. If the i~Wd_ 1l<t'C1ll'l!<:! ht'n-by be J'Wlrlllnt('(...J or iniluf'!>fl UlHIN 7'IU" :lX, 11nillod Stat,,!! e"d...
<br />~ Ttttf: 11M ~ilitiootl i!!lllued thert'unoor and illl'lff'Ct Oil Hit' <lat., hl'l'.'of !thllil ~'W'rl1 tnI' righlll. dutiell
<br />llIM ~i~t~ of too INU1.i81w1"~'. amllWY !If'lWi!!K.llll of tni!! or oUwr im,truml'nts t'},,'(~uWd ill ('(}nll('(.tinll
<br />with -'d i~:n_ which art' iOOfJNlUltMt with I!IlI.id Tille or J:el!'Ullltiom, art' hereby amt'lld,,,j in
<br />~_ toom..
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<br />'MlI' f'l>>W'lll6l!1il1 hef"l"in ~mlAjood !!hall bind, and th" hefwfilll II1nd !&dvanta~,~, ~hllll inun. 10, HH'
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