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<br />6:, If ha fails to pay any sum or keep any covenant provided for in this mortgage, tlae Mortgagee, st
<br />#ts option, may pay ar perform the same, and all expenditures so made shaEE be added to the principal aunt
<br />owing on the shave note, shall be secured hereby, and shall bear interest anti! paid at the rate provided
<br />fnrin the principal indebtedness.
<br />i. Ii pan request. of the Mortgagee, Mortgagor shall execute and deliver a supplements; note ar notes
<br />for the sum or sums advanced by Mortgagee for the alteration, modernization, ar improvement made at
<br />the Mortgagor's request ; ar far maintenance of said premises, or for taxes or assessments against the
<br />same, and far 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 evitianced %hereby were included in the note first
<br />descriV~ed above. Said supplemental note or notes shall bear interest at the rate provided for in the prin-
<br />cipal indebtedness and shalE be payable in appraximateEy equal monthly pagments for such period as may
<br />tae agreed upon lay the Mortgagee and Mortgagor. Failing to agree on the maturity, the whole of flee sum
<br />ar sunz.4 sca advanced shall Ire due and pag•able thirty i;$(1} days after demand by the Mortgagee. In no
<br />event shall the maturity extend beyond the ultimata maturity of the note first described above.
<br />$. ,Ile hereby assigns, transfers and sets over to the iViortgagee, to be applied toward the payment of
<br />the note and all seams secured hereby in case of a default in the performance of any of the terms and condi-
<br />tions ctf this. mortgage or the said Hate, a61 the rants, revenues and (n4..me to be derived from the mort-
<br />gaged premises during such time as the mortgage indebtedness shall remain unpaid; and the Mortgagee
<br />shall fiiave 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 />expenFSes incurred in renting and managing the same and of collecting rentatq therefrom; the balance.
<br />remaining, if any, to be :rppliEd tasc•ard the discharge of said mortgage indebtedness.
<br />9. Ha wall continuously maintain hazard insurance, of such type or types and amounts as Mortgagee
<br />shay fz^om Eime to-time renusre, on the improvements now or hereafter on said premises and except dvhen
<br />payment for elf such premiums has theretofore been made under f,a) of paragraph 2 hereof, will pay
<br />promptly ~vlaen due ar.}~ preziums therefor. Upon default thereof, Mortgagee may pay the same. AA
<br />insurance shaft be carric~r3 i^ companies approved lay the Mortgagee and the policies and renewals thereof
<br />.,mail be geld by the •.+:, ts;agee < :d have alto:.. ^d .ntrzty loss k,ayable ;,louses in fay„ of in form
<br />acceptable to the livrtgagee. [n event of lossciSlortgagor will give immediate notice by mail to the Mort-
<br />gagee, who may make proof <,#' loss if not made promptly by Mortgagor, and. each insurance company con-
<br />cerned is hereby authorized and directed. to make payment for such loss <iirectty to the Mortgagee instead.
<br />of to the .Mortgagor and the 14iortgagee jointly, and the insurance proceeds, ar any part thereof,
<br />magi be applied by the Mortgagee at its option either to the reduction of thesndebtedness hereby secured
<br />or to the restoration or repair of the property damaged. fn event of foreclosure of this mortgage, or other
<br />transfer of title to floe ma:a•tgaged laraperty in extinguishment of the indebtedness secured hereby, atE
<br />right, title and interest of ±.l:c. Mortgagor in and to any insurance policies then in farce shall pass to flee
<br />purchaser or grantee.
<br />tit. As additional zsaad collateral security for the Eaayment of the Hate described, and all sums to become
<br />due under this mortgage, the leSortgagar laereby assigns to the ivlortgagee ail lease bonuses, profits, reve-
<br />nues, royalties, rights, and other bonefits accruing to tl:s: Mortgagor under cry and all oil and gas leases
<br />naev, or dnrint; the life of this mortgage, executed cszs said premises, with the right tea receive and receipt
<br />for the same and applg• them. to said indebtedness as y4°ell bofore as after cletault in the conditions of this
<br />mortgage, and the l~xartgagee may demand, sue far and. recover any such payTraents when due and pay-
<br />able, but shall nut be ree}aired so to cEo. 'I`bis assignment is to Terminate acrd become null and void upon
<br />rc;lease of this mertgagw
<br />Il. He shall not canrmit or permit wasus; and shall mainai[z the property in as goad condition as at
<br />present, reasanahle wear and tear excepted. Upon any failure to so maintain, Mortgagee, at its option,
<br />may cause reasonable maizrteztance work to be performed at the cost of 3fartgagar. Any amounts paid
<br />therefor by Mcrz°tgagc~e stroll bear iuterest at the rite provided for in the principal indebtedness, shall
<br />thereupon became a part of the indebtedness secured by this instrument, ratably and on a parity with all
<br />other indebtedness ,toured hereby, and shall be payable thirty E30) days after demand.
<br />i~, If the prersslses, ar any part thereof, be condemned under ±ha power o£ eminent domain, os
<br />acquired far a public use, the damages awarded, the proceeds foa• the taking ef, or the consideration for
<br />suels acquisition, to the extent of the full amount of the remaining unpaid indebtedness secured by this
<br />mortgage, or hereby assigned tea the Mortgagee, and shall be paid forthwith to said Mortgagee, to be
<br />applied an account c,f the last maturing inslailments of such indebtedness.
<br />l3. I.f the isiortgagur fails to make any payments when r.Eue, ar to conform to and comply with. any
<br />Jf the corditions ar agreements coma#ned in this mortgage, aa• the aavtes whicl2 it securc;a, then the
<br />entire priuc;hal szun zend acerszed interest shall at onrz becomu,duerazzd payable, at the election of the
<br />'+9ssrtgagee,; and this aeecartgage may thereupon be foreclosed. immediately for the whole of the indebted-
<br />n~.¢;3. harel,E- ~~, ~- iucludta?g ~e ca`t. „~' px+nncz.,,g the abs*ra.='t of tit!e Fram, the da+.e of this most-
<br />gage tv Fhe :.irse of ccrsnmencing suds suit, a reasonable atzvrneg-'s fee, card azry sums paid lay the Veterans
<br />A:dmEn3PT ratica a crz ac;,~aunt of she guaranty ar insurance of. the indE.E~`~dnz~;>s soour~d hereby, all of which
<br />s3sall be ir:cludre ;rs fhe decree of fors:clasure.
<br />t :. It tE7e ,nciF~lrtedness se~urrd hereby be guarantee+3 car insur~.~l under Title 5t3, United States Code,
<br />latch I ~ . °- .+r,<r h ,~nr isL,~,n,> z,ue+I th~reusedz,r atxd~ r; . iSea ~~ an . _se date hereof shall govern the rights, duties
<br />;antl s~z ~ itie, > *.'rr partix.-s.:hee~eto, oral any pravisiv=as u1 ti,is Tar atlser zastr:.ements e::xeczated incYatuseactian
<br />.vir.h ~,a rac.cusz~ci~zatia ,.'trick are iacYansistezat ;volts said 't'itle or ltegulatioaas are hereEry amended to
<br />cT.;ti;;rrn Krr,,.a~,~tr,°
<br />tz~= etxs~r:s,trz_b lay ? c.<~,;taint?d ;tlsall kaend, acrd. the taenefts and advantages alaal7 intare to, the
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