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<br />fF, it~ P4+_ ~tJhi; ~t~i~ ,,d~i~- .;~i ~,~ .ht,r~rt ~u,r i, R:~A, ~~~~~iit?I+' i i, I, r.u~~~ ~iut u~ ~rulr~~~i~ .uy 'u~~~~ii ~r: ,~I~3 r._a~t°~'G,i, ~~€~ ~~i;t~,e?! ~~I~p~rr.:„ti ~ ,, .,~~
<br />~'i~IL rMjJ~'! ~M1'?I_ 113 I,j ~~~1t~1' q}_ lil_E -y!ICII~7i 13,11 '~ z.~T11L~., tJ.4 Ulf) Z~li ~'2Gf;d S~Mi7l~Li~tlil il'i:w^^~! ~'iliU~ A4~I'dr9~~l;. I-~!1;'~;4F~! i... ail ~9i,~C.t,,.l ~..! t~,1N !~1...NJM.' ) . .
<br />ar:~Vrl~ ~E~n. i-i^._ ti,~s~ai~~ :a;~te, ~.9asly ~~l;~~n ,~c~r eFI~ 1':~?~r,-~!:~~, at~~ s~'~a 1 ~~~~- i~.a'.~~~~~t u:.}!d fy~i~ at _I~+~ Y^a,~ arc:, tai
<br />( r. L pe:i t•equest <ai t~ e ~.arigag~, ~iortgager shall ex~:-^;st_ and deliver a suppiernental n a;~ ar notes
<br />fa= the uL:n ar :3:1;:: acl':;~n;;ed s; ~=~"t5.5.'1~~~ f;fir sI;2 alter U.tiG . air nlZ~~l ~_ ; r•r i7n~?f vti>r1fi~~at rfiade c`a1.
<br />the Moi°tt;_s~,oa's regtees±; ar for maintenance of said ; remiss, or for Lazes or a3aes~n3ents agai~t tho_
<br />cant-~, ai',d fcr any other pury~'~e eLzetivhere authorized :rereunder. :aid Hate ar notes shall be secured
<br />i~ee~€'l'i;~ on a p~rit=• v.•ith ant} as fully as if tl<e ad~-arce evidnr_ced t= pz°;= ;.ire in~Iud?d in iho nn#~ €u•st
<br />deaf ribed above. `.'aid supplemental nom or Hates steal. car interest at the rate provided far in the grin-
<br />- eipal inleatndncss a.:d shall be payable in approximate?}- equal monthly payments for such period as may
<br />be ag}eed up:;~a b y th:: 1IIo. ~gage2 a::d Mortgagor. I?ailing to agr€e on the maturity, t e whole of the sum
<br />ar 3ua.a3 sa advanced shall be due and payable thirty {30) days after demand by theaMortgagee. In no
<br />ev/_nt shall the maturity extend beyond the ultitazate maturity of the note first described above.
<br />iI. IHe hereby assigns, transfers and sets ever to the Mortgagee, to he applied toward the pay-r~tent of
<br />the note and all sums secured hereby in ease of a default in the performance of any of the terms and candi-
<br />Lions of this mortgage or the said note, all the rents, revenues and income to be deri;-ed from the mort-
<br />gaged premises during such time as the mortgage indebtedness shall rt,main unpaid; and the ~Riartgagee
<br />°Ita'i h3.`e ^°"'^"' ~w i~"""''-tan a Brat ar a an`ti' it i[~a d~,YiiY; far t118 4Y 8C Of rcntin the Same aiid ~:vi-
<br />,.. yv..ea Nlsvi,e y x g y P I~ g
<br />lea~ing the rents, revenues and income, and it may pay out pf said incomes all necessary commissions and
<br />expenses incurred in reuti~.g and managing the same and of collecting rentals therefrom; the balance
<br />remaining, if any, to bP applied to;vard the discharge of said mortgage indebtednP..ss.
<br />9. Ile will continuously maintain hazard insurance, of such type or types and amounts as Mortgagee
<br />may from time to time recuire, on the improvements now or hereafter on said premises and except when
<br />payment for al! such premiums has theretofore been made under {¢) of paragraph 2 hereof, will pay
<br />promptly when due any premiums therefor. ITgon default thereof, Mortgagee nay pay the same. All
<br />inQuran~ shall be vEa tied in Eoinpani~~ appaiaved by the iti!oicgagee and trte policies and rez3esvais Enereoz
<br />- shall be held by the I4lortgagee and have attached thereto Toss payable clal~ses in favor of and in farm
<br />acceptable to the 9iartgagc~e. In event of loss Mortgagor will give immediate notice by mail to the Mort-
<br />gage~, tv#?o may make proof of foss if Hat made promptly by Mortgagor, and each insurance company con-
<br />cerned is hereby authorized and directed to make payment fox such less direct}y to the Mortgagee instead
<br />of to the Mortgagor and the i4lortgagee jointly, and the insurance proceeds, or any part thereof,
<br />_ may be applied by the Mortgagee at its option either to the reduction of the indebtedness hereby secured
<br />or to the restoration. or repair of the property damaged. In event of foroclosure of this mortgage, or ether
<br />transfer of title to the mortgaged property in extinguishment of the indebtedness secured hereby, all
<br />right, title and interest of the Mortgagor in and to any insurance policies then in force shall pass to the
<br />• purchaser or grantee.
<br />10. As additional and collateral security for the payment of the Hate described, attd all sums to become
<br />_ due under this mortgage, the Mortgagor hereby assigns to the Mortgagee all lease bonuses, profits, reve-
<br />nuts, ray alties, rigli#s, and other benefits accruing to the Mortgagor under any and ail aiI and gas igsaes
<br />Haw, or during Life life of this mortgage, executed on said premises, tvitli the tight t-0 receive and receipt
<br />for-the same and apply them to said indebtedness as well before as after default in the conditions of this
<br />mot°tgage, and the ~iartg3gce may demand, sue for and recover env such p~vna~rts ..-1:r; ; un a :u
<br />- - ;ffis°
<br />_ - LI L. ..L..11 ~-y~5 Lea .,__ ....~ a.~ t. .l TS .a r--' ~ .u
<br />_ __ ac~li;, u:3t se a::. ,..., _ , ._...e - v t.: „a. sails mss: 3g'':.::a~iii 2s-tv to fiz3i#:ate aZ,' R'~3.°,~oC;i€ ~;}Il wt; ;'a71it' u~:~.u
<br />fale of 4hiA-mnrtgagP,
<br />- I:: ;~U shall fiat L~~m:t ~;: ;~~ ~:;it ~vast~; r.:au shall rnainta:n the prayer; y it as good eorditiau as at
<br />present, reasonable wear and tear excepted. Upon any failure to so maintain, Rortgagee, at its option,
<br />may cause reasonable maintenance work to be performed at the cost of Mortgagor. Any amounts paid
<br />therefor by Mortgagee shall bear interest at the rate provided for in the principal indebtedness, shall
<br />thereupon become a part of the indebtedness secured by this instrument, ratably and an a parity with alt
<br />other indebtedness secured hereby, and shall be payable thirty (30) days after demand.
<br />Il, If ttie premises, or any pact thereof, be condemned under the pax•er of eminent domain, or
<br />acquired for a public use, the damages awarded, the pracseds for the taking of, or the consideration for
<br />such acquisition, to the extant of the fait amount of the remaining unpaid indebtedness secured by this
<br />mortgage, or hereby assigned to the Mortgagee, and shall be paid forthwith ±o said Mortgagee, to be
<br />applied on account of the last maturing i.:stallments of such indebtedness.
<br />• h3. If the Mortgagor fails to make any- payments when due, ar to conform to and comply with any
<br />of the conditions or agreements contained in this mortgage, or the notes to°hich it secures, then the
<br />-- entire principal sum and accrued interest shall at once become due and payable, at the election of the
<br />AS.,p}~~rnn _ a~r~t_ %his rl~:-tg9ga. ~.,~~ z~~..e3x~h ten furl?-~r~~d i?n.~ai.-^-t„?Iy fa-• th ° ::'ham=ice f the irr:F'-tc'u
<br />mess hereby cured, in4~uding the Cost of extending the abstrnet of title from the date of this snort-
<br />gage tv the time of commencing such attic, a reasonable attorney's fee, and any sums paid by the 1'et;'rana
<br />Administration on account of the guar~ity or insurance of the indebtedness securrd hereby, all of which
<br />steall ke included in the decree of fm~eeiosure.
<br />1~1, l tl~ iudei>nesr3 see€treci here#glie guara~itged rtr itt~itred under ~'itle 38, Lnited States-Code;
<br />l at,ch Title 2nrl Ftegulatio'ns iasued`fitereundernnd iii effect an the date hereof shall govern the rights, duties
<br />k and liabilities of the partiss hereto, anr}~tny=uoaiaions"o€-this or o`thet• instruments executed in canaeetlan
<br />with said indebtednez~a tvl-,iCh ate iitcsnsisit with said 'T'ft'.a or I{egulatlons are hereby amended to
<br />conform thereto..
<br />tie nVeBaili~t IiN,.iC'3ri.-=~in:~~ gill hinri, anr3 the.-. 13anifit_a and aricantaa a a_hnlt innro ta, the
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