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<br />d;[~ttb-;;';f~tb.~ M~rtg. may PaY the ;ame, <br /> <br />nlf 1'Il.,^,_ ~ '"'~......_ <br />iH '"'"""'9 U U t.J ij ij 7 <br /> <br />r <br /> <br />6. If he/she faiJg to pay any sum or keep any covenant proVIded for m this mortgage, tile Moripgee, at <br />its. option, may payor perfot'iTI the same, and all expenditures 30 Ir~de shall be a..lded t.o the -prin~ipal ~~ <br />owing Oll the above note, shall be secured hereby, and shall bear interest until paid Eot the rate provided <br />for in the prineipalindebte<lness, <br />7. Upon request of the Mortgaglle, Mortgagor shall execute and deliver a supplemental note'Ol'iJl.otea <br />in.- t h~ <lUm or ~n,"" "dvJlnc",d hv MortlrlUree for the alteration, moderni?:llt!on. or improvemelllirJljdeat <br />th~ --i;~~gc-;'; ;~ue5t; or for - maint.e~:1'!ce ~f _mti4' ~.mi$~1 or for taxes 'nr__ass~ta_~_-~~ttnf); <br />~t and for, any other pu:rpc-s-e elsewhel'e authoriz.ed hereunder~ ~nid- ~te- or not~ _ - <br />hereby on a parity with and as fully as if the advance evidenced thereby were included in <br />described above, Said supplemental note 01' notes shall bear interest at the rat,e'providlldf <br />cipahndebtedness and shall be payable in approximately equal mQuthlypannennfol'!!L'e.:lt . .... ' <br />be agre<.>d upon by the Mortgaglle and Mortgagor. Failing to agI'l!eOD thematul'ity, thewhQ1e.\)f;., <br />or sums so advanced shall he due and payable thirty (30) day!! after d~dby'the'M()~;,. <br />event shall the matudty extend beyond t.lte ultimate !!ltlturity l)f the note:--fii'st d~scribe(r_~->-: <br /> <br />9. Httfshc ""lHI ccn.tL~unt!!dv m!!i!lt~!n h~!t..~ inS'L~~~~ of sW"'-.-h t\t~ or- ~\I!...~ ~- -am~,. <br />Mortgagee may from time to thne require, on the improvem' .:"" now or -he-itei~ uid~1!l1d: <br />exee-pt when payment for all sucb premium.s has the}eto!'"',,.. - ,. ."'.<.1 made urH:t~ It!.} of ~-. 2',~. <br />will pay promptly when due any premiUlm the_"'efoT, Up'- '~etault thereof, M~ml!Y~~'--.. <br />All insurance' shall be carried in companies approved by the MOl'tp&ee and. thIt polieiea and~ <br />t&'1ereof shall be held by the Mo~ a..'1d have attached theret.o loa payable l'!1a.tHA8 in-mw-,of:)JM'm" <br />form acceptable to the MOrf&a&ee, In event of Iou Mortgag?r will give immediate notieeby mdtou. <br />Mortgagee, who may make proof of Iou if not made promptly by Mortpgor. lllld eech inItmuu:e ~ <br />concerned IS hereby authorized and directed to make payment for such losa directly to theM~ <br />il1$tead of to the Mortgagor and the Mongagee jointly, and the inIurance proceeda, or any pari; ~ <br />may be applied by the Mortgaget> at Ita option either t.o the It!duction of the ind~lI.eNiiY~' <br />or to the restoration or repmr of the property damaged, 1n event of forecl~ ot thiIlm~, or other <br />transfer of title t" the mortgaged property in extinguishment of tile indebtedness secured bllleby,aii <br />right, title and mterest of the MOl1i'Jl&Or in and to any inauraDce policiea then in foree IIhIll paM to the <br />puretulier or gantee, <br /> <br /> <br />~::,g <br /> <br />8. He/she hereby ll!l8.ilJn8, transfers and seta over to the MortgBgee, to beappliedto.W8Idthe~t9t; <br />the note and all sums St'CU red hereby in CASe of a default in the performance of any of tb.etel'm$8nd;~,' <br />dons or this tfiungage or the sa~d note, an tl:.e ren~, reve!!ues and inoome to be: del"hrm,ttl!(i~lt-~_~:~. <br />gaged premises during such time as the mortgage indebtedness shall remain unpaid,: aluHbe.M:~ <br />shall han' power to appoint any agent or agents it may desire for the purpose of renting;thlt.qini{&iUI~' <br />ll~ctil1g the rent..'\. r~\"enucs and income~ and it nl~Y pay Qut of said incomes aU neeessary,eomm~_".~:d",< <br />expenses incurred in renting and managing the same and of collecting rentals therefl'Om;tb.e~ee>' <br />remaining, if any, 10 ii,' applied (oward the discharge of said mortgage indebtedness. <br /> <br />1U. As .1:iditiunul ~'ind ~.oii.atErgl se~~urlt)t (or thv payment of the note dllSCTib('<i, and all SUJ!1S to become <br />du., under this mOI'tgag<', :iw ~t"rtgag"r hereby assign;; to the MortgaIl'El" allleaae bonuRs, profits, reve- <br />nue", royaltlt'S, l'ights, ,wd other benents aceruing to the Mortgagor under aD)"alld all oil aned gu lea8l!lI <br />now, or durinR" tn,. Hf~ of this nwrtgagl', ,'x,,,"ut.,d on !!Jill! premilleli, with the right to N!Ceive and receipt <br />;01' th.' :<an'" and appl\ th,'lll t,) ,alll ind..btedness as \\'(,n before as after default in the conditions otthla <br />m..rtgage, ;1IId !II<' :\lortjl"ag,'" may demand, sue for and recover any such paymellta when due and PllY- <br />abl\', hul shall not be r"\lUll'",l '50 t" ,10, This assignment is to terminate /lnd becom<, null and void upon <br />l"ett'as{\ of this mortga.K"t~. <br /> <br />iI, Heishe shall not commit or pNmit _te;and shall mainlllin the property to as good condition aa at <br />prt.scnt. n\~t:,una.bh' i\ ~'ar and (~>llr l'xef'pted. Cp(;n any t'~liluJ"e to so rnaintaiu, Mortgagee, at its option, <br />rnay e.au$t"l I~N\~)n:tbh. m.i.UHh:fHU1{'(> "Nork td bf~ performt~d at the eost of Mortgagor. ..-'\n)t amounts paid <br />th"N'fol' by' Mortii"l:'''' "ban h"ar "Hel'"st at th.. rate provllied for in the principal indebtedne88. shall <br />thl.r..upon b\,,'oml' a part OJf th,' lIld..btednt,llS Sl'CUrl't! by this instrument, ratably /lnd cn a parity with all <br />"th.'!' llld..bt..(hj{>~-' "',nn.d ht'l'O'by, and shall b<> payabl.. thirty (30) days aft,'r demand. <br /> <br />I:!. If the pn>-n1t,st'S. {\r any part thert:.of. be t'ondemn(~d under the po\\'Pl' of enlincnt domain, or <br />acquu'(~i for a p-ubh~' us\~. i hI," darnll)tes awarded. the pr..x"(."t'li~ ior the taking of, 0'- the consideration for- <br />such ai.~quisJtion. tn th~. l;"xtl'Bt of Hw fuii amount of the remaining unpaid indebtedness S'eI~ured b).... this <br />mortgllgt', .>1' Ikn'b\' ;b"Knl'd to the Mortgagt'e, and shall be paid forthwith to said MO'l'tgllgCt', to be <br />apph\'1.l on acnnlUt '.If t:w last matul'lng i'u-:~a~ln1ents of such lndebtedness. <br /> <br />13. if the \ltll.t~agvr tails to nlak't~ .an\' paynH~uts w'hen due. or to couf(wm to and comply with any <br />oJ{ the conditions. \l-r agr~'\~mt'nt5 J~fH1t'::lin('d in tilis mortgage, or the notes \\-Lidl it SeClires, lhen the <br />n1t!n' prinl'ipai xum and acerw:'d intere~.t shaii at once bt"l'ome dUl~ and p.aYHbk~, at tiw t.'h't'tion of the <br />:\tortgat(\"'t~: ann thb :HnrtJ,Cagf:' may thet~upon l>t:. fnn~losed immediately for the whoh~ "f the indebted- <br />rH'1\..5 h;l!'i'b~' ......."'<'Hn,d. 'i,,_-ll.!di~!:: tht, ".ost c't' ,.....~!.'nding the abstral"t uf tith:~ fl''(lfH Ow d~ih1 of thh:, mort- <br />gAge t(t Uw hmt~ uf (-,Imm.pn~.ltl$! ~u~:h ~U!t* a ff>H.sonahle attorney's ft'P. and an>- ...;,ums patd b.'i." Ow V(.tel'an.s <br />Ad:nuustration on ~H....'i.)unt ~.lf tet!' Kuarnntr or inSUnUH\.' uf the i!!,id)tt'dtH'~.s ~{\cnn',J hl'n'b~", aU tIt" whic-h <br />~hiUl ~ 1i'l\:lutll':-o.1 jil tia;. dt."t~r-it-~. t:f ft)r~>('!(!;j.UfY'. <br /> <br />i <br />'- <br /> <br />14. If thf" indebtedn(~!\..~ secUf{.',j hen.b,." be gl1artint(\t'd nr inSill"f.d undtc'r 'fitip :~~, {!ultH:l Stat.l's t\;de, <br />~urh ~ritlt" ~hd n...gulutloo.!'l t!-l.$UfI'fT th{'-f(l'under and In ptf,,(,t tm tll~' dah-' hpt'('nf ~hall !..;o\'(>rn the rlKht.s, dutH'N <br />~.nd U!thiJiliFS of th!" partH~s hm't"tn. and any pro\'~~inns of thl~ n!" i1tht'r iW~.tl'\HnPHt~ pXj1ellhlfi lH ~~oruH'djon <br />with said indebtfN:hl~~ whit~h ar~ In(,fln.5i~t~llt with Aaid TiOe (if HpR11lntiong an~ htll~by nm('mit"il to <br />wnfonn th..f'eto. <br /> <br />11ft' f'ownAnb. h~rt<in f:ontaUl-rd shaH bind. llnd the hf'JlptIts and ad\':ult.agt'~ ~haU inUtf~ tl). the <br />