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<br />4. That should he fail to pay any sum ar keep any covenant provided for in this
<br />Mortgage, then the tortgagee, at its. option, may pay or perform the same, and all
<br />experodtures so made shall be added to the principal sum owing on the above note, shaT1
<br />(`~ be secured hereby, and-shall bear interest at the. rate sat forth in the said note,. until
<br />paid.
<br />§. That he hereby assigns, transfers and sets over to the Mortgagee,. to be applied
<br />Inward the payment of the note and all-sums secured hereby in case of a default-ih the
<br />performance of any of the terms and cpndtions of this Mortgage or the said note, all
<br />the rents, revenues and income to tie derived from the mortgaged premises during such
<br />time as'the mortgage indebted"^e~,s shall remain unpaid; and the hortgagee sha U have
<br />power to appoint any agent or agents it may desire fbr the purpose of repairing said'
<br />premises and of renting the"same and collecting the rents, revenues: and income, and it
<br />may pay out of said incomes all expenses of repairing said premises and necPSSary
<br />commissions and expenses incurred in renting and managing the same ~nd'of collectizig
<br />rentals therefrom; the balance remaining, if any, td be-applied toward the discharge of
<br />said mortgage indebtedness.
<br />6. That he wii].keep. tfie improvements now existing or hereafter erected on he
<br />mortgaged property, insured as may. be required from time to time by the Mortgagee'
<br />against loss by'fire and other hazards, casualties and`cohtingencies in such amounts -
<br />and for such periods as maybe required by the Mortgagee.and will pay promptly„ when due,
<br />any premiums on such ihscrance provision-for payment'of which has not been made''herein-
<br />before. A11 hsurance shall be carried in companies approved by the Mortgagee-and the
<br />policies ahd renewals' thereof shall be held by *_he Mortgagee and have attazhed thereto
<br />-lass payableclausesin favor of and in ;:orm acceptable-tb the Mortgagee. Fn event of
<br />lbss Flortgagar will give immediate notice by mail tb the Mortgagee, who may make ,proof
<br />of'loss i<f hat made promptly by Mortgagor, and each ihsurance company concerned is
<br />hereby authorized and 'directed to make. payment for ,such loss directly to.the Mortgagee
<br />'iztstead of to the ^tortgagor and the Mortgagee jointly, and:±he insurance proceeds., or
<br />-any part thereof, may be apptied by the tortgagee at its 'option either to'the reduction
<br />of the indebtedness hereby secured or to the restcratioh or repair of the property
<br />damaged. In Event of foreclosure of'ths mortgage or other transfer df-title to the-
<br />mortgaged property in extingui-shrnent of tre indebtedness secured hereby,.all right,
<br />titleand interest of the Mortgagor in and to any-insurance policies then in force shall
<br />pass to-.the purchaser or grar~tee.-
<br />l. That as additional and collateral secarity for the payrr~ent of the note described,
<br />and all swim to 6ecorrae due uhder this mortgage, tk tiortgagor hereby assigns to' the
<br />Mortgagee all profits, revenues, royalties, rzghts and benefits accruingta the
<br />t4ortgagor under-any and all oil and gas leases o» said premises, with the right-to
<br />-receive and receipt for-the. same and apply them to said indebtedness as well as<after
<br />default in the conditions of this mortgage,. and the Mortgagee may ,demand, sue for and
<br />recover any such paymen s when'due and,payaole, but shall `not be-required so to do.
<br />Thos assgnment'i's to terminate and become null and void upon release of this mo~~ gage.:
<br />8. That the ?".ortgagor wi7'1 keep the buildings upon said premises in good repair,
<br />and neither commit nor penzzit waste upon said land, nor suffer the said premises to be:
<br />used far any unlawful purpose.
<br />9. That if the premises; or any part thereof, be conde,-nned'under the poirer of
<br />eminent domain,'or acquired for a public use,, the damages awarded,=the proceeds for the
<br />taking of, or the consideration far such acquisition, to the extent of the"full amount
<br />of indebtedness upon this mor gage and the note which is given to secure remaining unpaid,
<br />.are hereby assigned by- he Mortgagor to the Mortgagee,, and shall be paid forthwith to
<br />said Mortgagee to be applied by the latter on account of the next maturing instal meht
<br />of such ih~ebtedness
<br />The covenants herein contained .shall band, and the benefits. and advantages shall
<br />insur6 to the respec ve heirs, executors, administrators, successors ahd assigns-of
<br />the parties hereto, t~thenever used, the singular number shall include the plural, the
<br />;:iur~l the singular, and the use of any gender shal3 be applicable to all genders.
<br />The foregoing conditions, all and singular, being perforsoed according to their
<br />natural ar,d legal import, this conveyance shall be void and said premises released at t~~e
<br />expe^se of the rtgag[r; otherwise to be and rezzfain in full force and effect,
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