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<br />83- 004607
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<br />6. If he fails to pay any sum or keep any covenant provided for in this mortgage, the Mortgagee, at
<br />its option, may payor perform the same, and all expenditures so made shall be added to the principal sum
<br />owing on the abov'e 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 Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes
<br />for the sum or sums advanced by Mortgagee for the alteration, modernization, or improvement made at
<br />the Mortgagor's request; or fOt. maintenance of said premises, or for taxes or assessments against the
<br />same, and for any other purpose elsewhere authorized hereunder. Said note or notes shall be secured
<br />hereby on a parity with and as fully as if the advance evidenced thereby were included in the note first
<br />described above. Said supplemental note or notes shall bear interest at the rate provided for in the prin-
<br />cipal indebtedn..ss and shall be payable in approximately equal monthly payments for such period as may
<br />bf? agrf?ed upon by the Mortgagee and Mortgagor. Failing to agree on the maturity, the whole of the sum
<br />or sums so advancer; .,hall be due and payable thirty (30) days after demand by the Mortgagee. In no
<br />event shall the maturity extend "','yond the ultimate maturity of the note first described above.
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<br />8. !Ie hereby assigns, transfm's and sets over to the Mortgagee, 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 />tions of this !nortgag,' 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- agimt or agents it may desire for the purpose of renting the same and col-
<br />lecting'the rents, n.."v('nut.'s and incnnw. and it rnay payout of said incomes all necessary commissions and
<br />expt-'nse-S. incurred in n'ntjng and rnanaging the game and of collecting rentals then~fronl; the balance
<br />renlaining, if any. to hl:' applied toward the discharge of said Jnortgage indebtedness.
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<br />9, He \\"ill I..'ontinuously maintain hazard insurance, of such type or types and mnounL" as r.fortgagee
<br />may from time to timt. ;'en~lir(". on the improvt'lnents now or hereafter on said premises nnd except when
<br />pa~'m_ent for aU such prr<miurns has theretofor€ been made under (a) of parngraph 2. hereof, will pay
<br />promptly when due allY pr('miums therl'for. Upon default thereof. Mortgag('e may pay the same. All
<br />insurance ~haH l.x> t'a.rri~>d in companies approv(~d hy the Jlortgage-e and tht' pt1lieies. and renewals thereof
<br />~hal1 tw held by tilt:' :\Iortgaget. and han10 altadH'd tlH4l't1otn !I)SS pa,\'abie i..'la{l:;~'s in fayor of and in fOrln
<br />;..H:ccptabh: to the ~-1ortg'ag-i'(,. In {'H_'nt df lo~~ ).fortga,.;or will gh'i.~ immediate notice h~y mail to the :Mol't-
<br />gag-Nl. who may makt.. prllof ;.1' Joss if not made prumpt.ly by ?\IortgaKor, and t.'ach insurance eompany l:on~
<br />c(~rned is h~:'n4by authl..ri,:e-d ;tlid din-'ct-f..'d to make payment for ~ueh loss dircctly to the .:\tol't!{agt't:' instead
<br />1'[ to I he .:\lortR"a~ilr ;~tHi t he "\lo1.tRa~(~' jllintly. and ! he insurance prp('t'f'{!s, Of' any part thereof,
<br />may IJe apphpd by lih' M')l"!g-HU"!.- at it.s option j'lttWl' 10 th(\ reduction of thi.' IlH:Jt.bh'drwl5s hereby secured
<br />or to th(' rt'~t(lrat!\)H ur ;'{;p~-lll' ;.r thp prop~'rty dama~f'.d, In c\,pnt. of fon'dnsHn' (;t this mortgag-e, Ur' ot.her
<br />trallsf~'r \If titk. to HH' r::"l'tga~'t'd projx:rt.y lH ;'xtirll,(Ui~hrnt'ut 01 tJw indehtl,dIl(,SX --':'t'cun'd hen'by, all
<br />n~~ht, title- .:Hltj Hlt("rt'."-t uf the "lort~aKor lU and to any insuranct' polich';'. tlWIl In f!,llTe shall p~L~S to the
<br />ptn-f.haser or gra.ntee_
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<br />10, As ~Htd.:th)nal ;did \ nl!att.ral ::'txHrJly flit I fit, paynwnt of the Huh: fk~.;.('nh.._'d. ~!Jld all .slUll:i to IW{'f)fllP
<br />Juc under this mort~ag!" iL,' :\Iort)i::agor h~>rl~lJy a~ig!ls to the :\ltH*t~agt'(~ all l~'ag!' honus('s, protits, r(>\"\....~
<br />HUes. royaltIes, rights, ~lf\d othu' i)t'llPtlt.~ ateruinK tu the ~toI't,gaw_}r UIHk>l' any aud all oilnfld gas least'S
<br />now, or {h.ning Uw lift' Hf this nwrt~agt>. cX~:l"utt'd uit s-aid pH:rnises, with Ok right to n'tr.ive Hnd n,'{'('ipt
<br />for thf' :-;~Ul"i:t. and apply thHn to ;o;.~U(1 !tal('htedne...:; ;'1.$ \~t,U hp(of\' H.;i afkr dt'fautt in the (.OIHiitiollS of this
<br />murtg.agl.'. and the )tung-~lgt't> !Hay dt'm.lHd, ~Ut.' for and n't.:O\'t,'r auy :>;lwh pa.\'fllpllt.s when due and pay-
<br />abk. hut ~;lall Hot ill' i'\.'IjUll t,d :';0 ((I ,j,)" T'his .as~i~Tdndlt IS tu tenllifwtc alHi bl:('I_Hne null :wd void upon
<br />!'t;'ll:'ase of this rl'llH"tg-a1{t',
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<br />11. He shail f\(It 1.:011lmit pf Ih:I'IfHt \\ aste; and ::.hail maintain lhe' pn'pt'rt~' in as g-o(ld condition a:; at
<br />prl'~eBt, rt.'a.sonattl,' ',~\'ar and It"ar t'Xl~~.ptetl, rpon any fadurt'- to so Hlitintain, ~lurtg"H{\~~~, at its option,
<br />may cauSt~ l't,laso-nabL' fllainklulUt.:l' work t~) l"t.~ ~Jt.~rformt..d at the ('ost u1' ~lortg'ag(}t'. ;\uy aIllOUIlt..~ paid
<br />thtTelol' by Mvrtga./.,{\'''' shall lw.u' inten.st at thl~ rate IH'o\'lde,i [OJ' if! the pl'Illtipal indt'btednl'ss. shall
<br />tht<l.'tluj.:wm he\,'oll1e H part of ttw ,indehte-dnt-'88 st>t:urt..d by this instrunwllt, I'atahl)' and on a parity With all
<br />oHwr tndt?btpdnt>-s"';; ~t"{'lU't.d ht-'n--by. and l'hall be payabJe thirty (:10) days aft!'!" dl.-'IlUHH-t.
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<br />12. If th!:., pr('-mi~{->s. (11' any part tht.l't'of. t.H:.' (;tJJH.lemned under the PO\\'('t' nf t..'fnilll:'nt dumain. or
<br />at:-quiri~d fur a publil' US-t", tht' damagt:s &\,,-atde-d, the pro<:l.t,~ds for the taking of. or tl!(. niflsidt'ration for
<br />5ut.:h aC"juisitiou. tu thf:' ('.''-It.'llt 1.11' th~ full amount of the n~mamjng unpaid ind..btt'dllt"SS ~\'l'lin'd by tlus
<br />rnortgage, or herf.by a.s.signt>ti to HiP _MortgaJ{ee, and shaH be paid fnl'th\\ ith 10 :-.:.zurl )lnrtgilKl't>,' to lw'
<br />appii~\l on acc()unt (If th\:' last rnaturing in~tallment,s of ~ud\ indd)l-t'dnes.."i. ~
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<br />13, If th(~ ~{ongagoJ" fads to make .any payments \-viwn due, l)r to COnfn1'lH to and cumpiy with any
<br />of th(' i.:onuitio-ns or agreements eontainE'tl Hi thls murtgagt:>, \)1' thl' links \,'hidl it !-i€'CHr'es. t~ll'n the
<br />~mtire principal sum and at.Tru{'d lnt-l'-I'Pst $ha.1J at once be\:t..mh: due aud pi~yablt" at till.' i-'k.t:tion of t.he
<br />~ti,)rtgagt.o.e; and Hus, mvrtg.agt; may the.reup<In be fOf"t'Closcd immpdialely (or the wholv (If tht:! indebted..
<br />IH:-S-$ hert~hy st:'cuivd. HH.:iudiug th~:~ cost of extend!ng the abstract of t.itlt' from t Iw datt~ tlf this nHut-
<br />gage- to. the tinl..: i~f {~lilnHlt'!llCJng st.H:h suit, a I't'itsonable attonH_~)"s fet\ and any :-,UlHs paid by thf' V-I..'tl"l"a.HS
<br />Ad111-inisttation on w.:('ount of the jtu.arauty or iruiHraIH_T~ of the illdt,i;h'dnf.~~s ~\'curt,d h"j'(\b.y, all ()f whidl
<br />shan 00 inelu<.l~1 in the deeI''''' of f"J'(",losul't'. '
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<br />14~ l-f the ind~t-edn€"-ss set~un>(t hereby b{~ guarant(!(~d nr jnsu.r\~d IIndl~)' Tjtlt;' :~~. t lnited States Code,
<br />,'iluth TiU~ and Regulations issu~d thereunder- and in f,\tft!l't Oll tht., d-att.. hen.'Hf shaH gv\'t.'rfl Ow ril{hts, dutu!ti
<br />ll-ud nablbti~ of too partit..'S hereto, aod any ~lrt)Vl",.ions of thi~ ot' other in~tt'unwllt-s t~xl"\'lHed in t'tJtme-dioH
<br />w~th said inde1,tedllttU which a~1:' inc,vfU;}gtent with S-aid TH.Jt\ or He)tulations Hre hel'""(lby nrllt'fHie.d tll
<br />r:onform thereto,
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<br />The co'V\mau-ts her~in f:;ontaint~i ~haH hind, and the lM:--UtdltS nnd adV-il-Ht-J\W>:"\ shail 1 HtH'(1 tn, tht,
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