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<br />6. If he fails to pay any sum or keep any covenant provided foz• in this mortgage, the Mortgagee, at
<br />its ciption, znay pay or perform the same, and all expenditures sa made shall be added to the principal sum
<br />owing on the above nose, shall be secured hereby, and shall bear interest until paid at the rate provided
<br />for izitlie principal indebtedness.
<br />?. l~pon request of the&loz•tgagee, biortgag4r shall execute and deliver a supplemental Hate ar notes
<br />.far she sunx ur sufns advanced )sy Maz•igagee far fhe alteration, modernzzatian, ar improvement made at
<br />the ll~lcrtgagnr's request; or for maintenance of said premises; or far taxes or assessments against the
<br />sazsxe, aria fax• fatly atlcer purpose elze~vltere autfiarized liereuzzder. Said Hate ar Hates shall be secua~eel
<br />here"3- c : a parity ~vitli and as fully as if-the gcivance evide'need thereby were included in the rate l~
<br />described above. Saul supplemental note ar notes shall- bear-interest at the rate provided for in the grin-
<br />cip.^ki indebtedness aizd shall lie payable in approximately equalmonthly payments for suciz period as may
<br />he agreed upon by-the Mortgagee and ~SOrtgagor: Failing t4 agree on the maturity, the whale of the sum
<br />or sums- sa advanceei shall be due and payable thirty- (30) -days after demand by the ?tfortgagee. In no
<br />event skull;1:s maturity- extend beyond the ultixr#ate maturity of the note first described above.
<br />S: FIe hereby assigns; transfers and sets over to the Mortgagee; to be applied toward the payment of
<br />the note and all soma secured hereby in case of a default in the performance of any of the terms and condi-
<br />- bona of-this mortgage ar 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 i4lortgagee
<br />shall Have paver to appaiizt any agent ar agents it may desire for the purpose of renting the same and col-
<br />lectizg the rents, revenues and income, and it may pay oui of said incomes all necessary commissions and
<br />expenses incurred in reztiing and managing the same and of eallecting rentals therefrom; the balance
<br />repzdining, if any, to be applied toward the discharge of said mortgage indebtedness.
<br />_ 9. He cr ilI cozxtinuausly maintain hazard insurance, of such type ar types and amounts as ~artgag~
<br />niay from time to t=.me require, on the improvements now or hereafter an said premises and except when
<br />payment far all su¢h premiums has theretafare been made under (¢) of paragraph 8 hereof, will pay
<br />promptly when due any premiums therefor. iTpon default thereof, Mortgagee may pay the same: All
<br />iasuraaee shall be carried in companies apprnved by the Mortgagee and the pali~ies and renewals thereof
<br />shall he held by the Mortgagee and have attached thereto toes payable clauses in favor of and in -form.
<br />acceptable to the Mortgagee, In event of loss Mortgagor will give immediate notice by avail to the Mort-
<br />- gages, who may make proof of lass if net made promptly by ~lartgagar, and each insurance company cor_-
<br />cerne8 is hereby authorized and directed to make payment far such. lose directly to the Mortgagee instead
<br />- of to the i4iortgagar and the :Mortgagee jointly, and the insurance proceeds, ar any part- t$er<af;
<br />_ may be applied by tz-- !bioa-tgagee at its aeries either to the reduciioa of the inrlehtedness hereby secured
<br />oa• to the restaratian or repair of the property damaged. In event of foreclosure of ibis mor'..gage, ar other
<br />--arenas"er of title to the max•tgaged gropersy in ex€ingnishi[zeni of the indebteziaess seouxad hereby, ati
<br />3 right; title and interest of the Mortgagor_in and to any insurance policies then in force shall peas to the
<br />purchaser or grantee.
<br />_ - 26: As additional and ecllateral security far the payment of the note described, anal all sums to became
<br />due ender this mortgage; the Mortgagor hereby assigns to the 3iar't„gagee all lease bonuses, profits, r~ve-
<br />Hues, royalties, rights, and atlzer benefits accruing tzz the ~Sortgagar under any and all oil and gas leas®
<br />- no~v, ar during-the life af_this mortgage, executed an said premises, n-ith the right to recetre and receipt
<br />far the sense and apply them to said indebtedness as well before as after default in the eanditions of this
<br />maz•tgage, sad the Mortgagee may demand, sue for and reeaver any su_Iz payments vrhen due and pay-
<br />= able, bat shall Hat be required so to do. This assignment is tQ terminate and become null and void aeon
<br />re3ease of this mortgage.
<br />Il. He shall Hat commit or pezmit waste; anal shall maintain the property in as goad condition as a1
<br />present., reasatzable wear anal tear excepted. Upon any failure to sa maintain. Mortgagee, at its aptian,
<br />map cazz.~e reasanahle zzzsinierzrnce wort: to be performed at the cast of Mortgagor. Any a.~tounts paid
<br />therefor by Maz•tgag~ shalt bear interest ai the rate provided for in the principal indebtedness, shall
<br />= thereupon became a part of the indebtedness secured by this instrument, ratably and on a parity R•ith all
<br />ether indebtedness soured hArebF, and shalt be payable thirty (3fl) days after demand.
<br />i2. If the premises, ar any part thereof, be condemned under the po:ver of eminent domain, or
<br />acquired far a public use, Ilan danryzges awarded, the graeee8s far the taking of; ar the caasideratian for
<br />such acquisition, to the extent of the full amount of the remaining unpaid indebtedness secured. by this
<br />mortgage, or herelzy assigned to the Mortgage, ;end sltail be paid forthwith to said Mortgagee. to be
<br />- applied on aecaunt of t3ze last maturing instatiments of suck indebtedness.
<br />23. if the 3iorigagar fails to make any payments when due, or to conform to and comply with ~uq
<br />of the conditiar,~a or agreements contained in this mortgage, or the dotes which it secures; then the
<br />_ entire principal -sum and accrued. interest shall at anee became due and payable, at the eteetion of the
<br />fi~o* ~~gee> and this zra~gage vnay thereuprsa be fi3reclosad i~liataly for.--the wliiile of the indEls~ii-
<br />Hess hereby secured, including the cast of extending the alzstract of title from-the date of this zsort-
<br />il to tiza~ ai commeneirxg such-snit; a ~•easonable attorney's fee;. and any sums-paid by the Veterans
<br />r 13dministratiEZn on account of ttte guars:nt5- or insizranae of the indebtedness secured hereby, all of tiahieh
<br />slzail i?e included in the tieeree of foreclosure.
<br />74. If the indebteda~as secured hereby be guaranteed or insured under Titl€ 3$; United ;states trade,
<br />t9tzch Title xnd Regitlafians issued #hereunder and in effect +zn the date hcreaf shall gav«zrn the rights, ditties
<br />and liabilities of the p3!-tieslzeretn. and any provisionsof this or rhhee• instrizmeuts esteeutedivsa3nnneetilrtz
<br />v,~irt, a;d ir~?ebtedness :}ti~h are incoz•.siof~ .t :Y:th said Title or Pagination's ~i`e hez~b,~ amen to
<br />ccnforrn thLreta,
<br />Tae ce*~enaaks herein contained shall bind, and the bereiits and advantages shall-inure to, -the
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