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<br />4. That ;should he-fail-to_pay any sum or keep any covenant provided for in this
<br />Mortgage,' hen the tortgagee at its option, may pay or perform the-same, and alt-
<br />expenditures so made shall be added to'tlie principal sum owing on'the above note, shalt
<br />be secured hereby, and shall bear interest at the rate set forth in the said note, until
<br />.paid.
<br />5. That he: hereby assigns, transfers and sets over to the tortgagee, to be'apptied
<br />tavdrd the payment of the note and all sums secured hereby,in case of a default in the
<br />performance of any of th'e terms and`eondtions of this Mortgage or the said note, ail
<br />-.the rents, revenues-and income to be derived"from the mortgaged premises during such
<br />time as the mortgage indebtedness shalt remain unpaid; and the tortgagee shall have
<br />prn~er to appoint any agent or agents it may desire for 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 staid ,incomes all expenses of repairing said premises and necessary
<br />commissions and expenses incurred in renting and managing the same`and of col ecting
<br />rentals therefrom; the balance remaining, if any, to be applied"toward the discharge of
<br />said mortgage indebtedness.
<br />6. That he'aill keep the improvements now existing or hereafter erected on the
<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 contingencies in such amounts
<br />and for such periods as`may be required by the Mortgagee and'will pay promptly, when due,
<br />any premiums on such insurance provision fpr payment-of which has not beenJJ,made-fierei -
<br />before. Alt insurance shall be carrietl in companies approved by'the Mortgagee-and the
<br />policies and renewals thereof.; shall be-held by the.Mortgagee and have attached thereto
<br />doss payable c ause5 in flavor of and in form acceptab e to the Mortgagee.- In event of
<br />.loss Mortgagor will give immediate notice 6y mail to the tortgagee, who may make proof
<br />of oss if not,made promptly 4y Mortgagor, and each-insurance company concerned is
<br />hereby authorized and directed to make paymentfor such loss`tlirectly to the Mortgagee
<br />instead of'to the Mortgagor and:.the Mortgagee jointly, and the insurance proceeds', or
<br />-any part thereof,-:may be.app led by the tortgagee at its option ei~her to he 'reduction
<br />of 'the indebtedness hereby secured or to the restoration or repair'of the property
<br />`,damaged. In event of .`foreclosure of this mortgage or other transfer of title to_the-
<br />mortgaged-property in extinguishment of the indebtedness secured hereby, all right;
<br />title and`irrterest of the .Mortgagor in and to any insurance policies then in force shall
<br />`pass to the purchaser, or grantee.
<br />7. 'That as additional and collateral securit;; for the payment of the note described,
<br />and all sums to'become-due under this mortgage, the'tlortgagpr hereby assigns to-the
<br />Mortgagee ail ern#its,-revenues, royalties, rights and benefits accruing to the
<br />Mortgagor under any and ail oil and gas leas es, on said premises, with the right to
<br />receive `and receipt for he same and apply them to said indebtedness as welt as 'after
<br />.default in~the-conditions of this mortgage, and the ~lartgagee may' demand, sue for-and
<br />recover any such .payments when due and 'payable, but shall not be ;required.~o to dp.
<br />This assignment is to terminate and becpme null and void upon release of his mortgage.
<br />8. That the Mortgagor will keep the buildings-:upon said premises in-good repair,
<br />and neither commit nor 'permit waste, upon said land, nor suffer the.-said premises 'to txe
<br />used for any unlawful purpose:
<br />9. That if the premises,'or any part thereof,'be condemned under therrpower of
<br />eminent domain, or acquired fora pu4lic use, the damages awarded, the proceeds for i:he
<br />taking of, or the consideration for such acquisition, to the extent°of the,full :amount.
<br />of indebtedness upon this mortgage and the note which is given to secure remaining`unpaid,
<br />are hereby assigned by the 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 installment-'
<br />of such indebtedness,
<br />The covenants herein contained-shall bind, and the benefits and advantages shall
<br />insure to, the respective heirs, executors, administrators, successors and assigns of
<br />the parties herein. Whenever used, the singular number shall include the plural, the-
<br />plural the singular, and the use of any. gender shall be applicable to all genders.
<br />The foregoing conditipns, a33 anal singular, being performed'accprdina to their
<br />natural and legal ',import, this conveyance shah be void and'said premises released at the
<br />expense of the Mortgagor, otherwise to be and remain in full force and effect.
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