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<br />6. If lee fails to pay any sum ar keep any covenant provided for in this mortgage, the Mortgagee, at
<br />its option, may pay ar perform the same, and all expenditures so made shall be added to the principal sum
<br />owing an the above note, shall be secured hereby, and shall bear interest unti` paid at the rate provided a
<br />for in the principal indebtedness.
<br />~• Urn r~naat of fl?e ll'lartgaget; Mortgagor shall execute and deliver a supplemental note or notes
<br />for the sum or sums advanced by Mortgagee far else al`~eratian, madernizatior~, or improvement made at ,
<br />the Martgagar's r~uest; or far maintenance of said premises, ar for taxes or assessments against flee
<br />same, said for any ether purpose elsewhere authorized hereunder. Said note or notes shall be scented
<br />hereby an a-parity with and as fully as if the advance evidenced thereby were included in the mote Rrst
<br />dt.Pribed above. Said supplemental note er notes shall bear interest at the rate provided for in the prin-
<br />cipal indebtedness and shall be payable in approximately equal monthly payments for such period as may
<br />be agreed upon by the Mortgagee and Mortgagor. Failing to agree an the maturity, the whole of the sum
<br />ar sums so advanced shall be due and payable thirty (3Q) days after demand by the Mortgagee. Ia aia
<br />avert shall the maturity extend beyond the ultimate maturity of the note first described- above.
<br />8. He hereby assigns, transfers and sets over tQ the Mortgagee; ±a be applied toward the payment of
<br />rht nat~ and all sums sec~,z•td hP,-eby in r~o 4f a default in the performance of any of the terms and candi-
<br />tiars of ibis martgage or the said note, all the rents, revenues and income to be derived from the moa-t-
<br />gaged premises during such time as the martgage indebtedness shall remain unpaid; and the Mortgagee
<br />shall have 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 />axpenses incurred in rentir_g and managing the same and of collecting rentals therefrom;-the. balance
<br />remaining, if any, to be applied toward the discharge of said mortgage indebtedness.
<br />~, Fit Evill continuously maintain hazard insurance, of such type or types and amounts as Mortgagee
<br />may fresh time to time require, on the improvements now or hereafter on said premises and except when
<br />pa}°naent for all .such premiums has- theretofore been made under {u) of paragraph 2 hereof, will-pay
<br />promptly when due any premiums therefor. Upon default thereof, Mortgagee may pay the -same. All
<br />insurance shall be carried in companies approved by the Mortgagee and the policies and renewals thereof
<br />slaali ba held by the A~ortgagee and have attached thereto loss payable clauses in fever of and in forth
<br />aceeptable to the Mortgagee. In event of loss Mortgagor will give immediate notice by mail to the 3dort-
<br />gagte, who may make proof of toss if not made promptly by Mortgagor, and each insurance eampang c~n-
<br />cerned is hereby authorized and directed to make payment for such loss directly to the Mortgagee instead
<br />of to the ;t•lortgagar and the Mortgagee jointly, and the insurance proceeds, or any part- thereof,
<br />shay be applied b}-the l4lortgagee at f#s option either to the reductiota of the indebtedness lae~tsy secnrzv
<br />or to tfie restaratian as r~; flair of the property damaged. In avant of foreclosure of this mortgage; ar ether
<br />transfer of title to the mortgaged property in extinguishment o* the indebtedness secured laerehy, al}
<br />right, title and inteatst of the Mortgagor in and to any insurance policies then in farce shall pass to the
<br />purchaser ar grantee.
<br />19. As additional and collateral security for the payment of the note described, and all sums to become
<br />due under this martgage, else Ma~gagor hereby assigns tcs -the ;4lartgagae all lease bonnets, profits, rtvt-
<br />nuts, royalties, rights, and other benefits accruing to the Mortgagor under any acid all oil and gas ]eases
<br />no«•, or during the Iife of this mortgage, executed on said premises, with the-right to receive and z'tceipt
<br />1'. ar . l' f ~:~. , r~ a f
<br />for ts!r same sad apply t e~ to said in.,~bt~d..ess as €' . be ore as ° ..~~ c,e~Qu,t in else canditi€ns a this
<br />martgage, and the Mortgagee may demand, sue for and recover any such payments 3vhen due and pay-
<br />able, taut shall not be reQUirtd so to do. This assig:ament is to tazzninate and become null and void upon
<br />release of this mortgage.
<br />11, Fla shall amt commit or peamit waste; and shall maintain the nraperty in as good condition as at
<br />present, reasonable wear seed tear excepted. Upon any failure to so maintain, Mortgagee, at its option,
<br />ma}= cause reasorable maintenance work to be performed at the cast of 14iartgagor. Any amounts paid
<br />tlierefar by Mortga~te shall bear interest at the rate provided for in the principal indebtedness, shall
<br />thereupon become a jaart of the indebtedness secured by this iaastruztient, ratably and on a parity with all
<br />other indelatednts.q secured hereby, and shall be pa}>alale thirty {3fl) days after demand,
<br />12. If the premises, or any past thereof, be coederaned under the pau-er of eminent domain, or
<br />acquired for a public use, the damag,~s awarded, the proceeds for the taking of, or the consideration for
<br />such acquisition, to the extent of ~;~r- full amount of the remaining unpaid indebtedness secured by this
<br />moz•tgAse; or hertbs- assigned to the Mortgagee, and sltail be paid forth4vith to said Mortgagee, to be
<br />applied on aecoant o£ the last maturing installaaaer;ts of such indebtedness.
<br />lg. if the Mortgagor fails to make any payments when due, or to conform to and comply with any
<br />of the conditions ar agreements contained in this martgage, or the notes which it secures, then the
<br />entire principal sum and accrued interest shall at once betwme dne and. payable, at the tleetfan of t}te
<br />:~#artgagee; and this mortgage may thereupon be foreclosed immediately far the whale of the indebted-
<br />heel hereby secured, including the cost of extending the abstract of title from the date of this ~rt-
<br />ga to the time of coraantneing such saiit, a reasonable attorney's fee, and any sums paid by the t?eterAl3R
<br />Administration on account of the ~zaaa•anty ar insurance of the indebtedness secured hereby,. all of cvhieh
<br />shall-be included in the decree oi' foreclosure,
<br />2d. ~f the indebtedness secured- herelay zee gnarsziteed or insured ceder Title 3&; United States bode,
<br />ca'i.T`itle and Reg~alatians issuadi thtreuiscler and are~ect on the daft hereof shall govern the rights, duties
<br />and liabilities of the pretties hereto, and arty provialons of this or other instrumentsexecuted in conxaeetion
<br />~vitla said itidebtednes~ -s~Pii^.,Ia- a isaeiiiiez'stent nth saiai Title ar liegulatlons are hereby aaiiendezl to
<br />conforatz thereto,.
<br />The eavenants herein contained shall liind; and the benefits and advantages shall inure to, the
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