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6. If he fails to gray any sum ar keep any covenant provided tar in this mortgage, the Mortgages, at <br />ltd a'f.Mtialr, nvay pay t'7r pc.~rform the same, and all expexzditurt>s so made sh,ail 7e added to tkte principal sum <br />~ owing onn the above note, shall be secured hereby, and shall bear interest until paid at the rate provided <br />for in the principal indebtedness. <br />?. Upon request of the Mortgagee, Mortgagor shall execute and deliver a suppternental note or notes <br />for the sum or sums advanced by Mortgagee for the alteration, modernization, or improvement made at <br />the ,iiortgagor's request; or for maintenance of said premises, or for taxes or assessments against the <br />same, and for any other puxpase elsewhere authorized hereunder. Said note or notes shay, be secured <br />~ hereby on a parity with and as fully as if the advance evidenced thereby were inch:ded in the note first <br />described above. Said supplemental note or notes shall bear interest at the rate prodded for in the prin- <br />cipal indebtedness and shall be payable in approximately equal monthly payments far such period as may <br />be agreed upon by the 3ortgagee and Mortgagor. I• ailing to agree on the maturity, the whole of the sum <br />or sums so advanced shall be clue and nayabie thirty (30) days after demand by the Mortgagee. In no <br />event shall the maturity extend beyond the ultimate maturity of the note first described above. <br />8. Fie hereby assigns, transfers and sets over to the Mortgagee, to be applied toward the payment of <br />' tine Hate and ail sums secured hereby in case of a default in the performance of any of ±he terms and condi- <br />tions o£ this mortgage or 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 141ortgagee <br />shall have power to appoint any- agent or agents it may desire for the purpoc_e of renting the same and col- <br />lecting the rents, revenues :end income, and it may pay ottt of said incomes all necessary commissions and <br />expenses incurred in renting 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 />J. IIe will continuously maintain hazard insurance, of such type or types and amounts as Mortgagee <br />may from time to tinta~ ro-•cruire, on the improvements now or hereafter on said premises and except when <br />payment far .ill such premiums has theretofore been made under (a) of paragraph 2 hereof, trill gay <br />promptly when due any premiums therefor. Upon defau]t thereof, Mortgagee ma•v pay the same. AII <br />insurance shall be carried in companies approved by the Mortgagee and the policies and renewals thereof <br />shall be held by the hiort$agee t?,trd have attached thereto loss payable clauses in favm• of and in farm <br />acceptable to the 4lortgagee. In event of loss Mortgagor will give immediate notice by mail to the Mort- <br />gagee, who may make proof of loss if Hat made promptly by Mortgagor, and each insurance company eon• <br />ecrned is hereby authorized and directed to make payment for such !ass directly to the Dortgagee instead <br />of to the Mortgagor and the Mortgagee jointly, and the insurance proceeds, or any part thereof. <br />txray 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 foreclosure of this mortgage, ar other <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 farce shall pass to the <br />purchaser or grantee. <br />id. As additional and collateral secm•ity for the payment of the note described, and all sums to become <br />due under this mortgage, the Riartgagor hereby assigns to the 1liortgagee all least: bonuses, profits, reve- <br />nues, royalties, rights, and ether benefits accruing to the Mortgagor tinder any and ail oil and gas leases <br />rtrnv, ar during the life of this mortgage, csecuted on said premises, tt ith the right t~? rte}ve atttl receipt <br />1'ar the name and appk• them to said indebtedness as tt°et} befall as after defanFt in the conditions of this <br />ms]rtg;age, antl flu>.iuatgagee Wray demand, sue for and rc~caver any sorb ltaytnrnts tt-hen due and pay- <br />.tin sl..=.. n,.~ ;`~tgtt:t€_.. set tct o. I'll z Le;aim; ;*'~ er _r- t. <br />i3711ia 1]] r ]3tI rxr ~Lx - - rt ~ ( ~ n [a=~ti •~ t tCr~_ ]; ~..... 1•-Y'i'(`:~t' iiti,a a nd iari( trp~3~ <br />t•eluase of this natrtxatre. <br />ti, I~ t~ a}1 rzc?t {',~~t~iit c,r permit tv,zst~; an€1 ah411 *naint .,, tl• p=q-~--- n <.s gt,t~; ~anii:~r an ut <br />pre~nt, reasonable tvcar and tear excepted. [I~n any frulure to st; maintain, Aturtgagee, at its option, <br />Wray cause reasonable maintenance work to be performed at the rust of Mortgagor. ~1nt• antaunts paid <br />therefor by Mur•tgat;ee shall bear interest at the talc prut~ided for itt the principal itidebtedne~e. shat} <br />thereulxtn became a part of the indebtedness secured by this instrument, rstat>}v and urt a parity with all <br />other indebtedness secured hereby, and shall bu payable thirty (~0) days after ,,lemattd. <br />i2. (f the premises, ur ary part thereof, be condemned under the puuer of eminent ,1=attain, ar <br />acquired Sur a public use, the datnagea awarded, the praceecis fur the taking af, or the eansic?,~?-rttion &~r <br />sorb aci~gzgsitic[n, tct the e~tettt of the lull atnuant of the remuiuittg uup:~tid indebtedness securc`~ b_t this <br />nr,~ igaga, ar• hc•r•eby assiKned Ut the Mortgagee, and shall kxt paid fort}twith to said Mortgatgc,•, let tx~ <br />appli]rd nn :u•count ul• the hint maturing instalimrvrts of such indebtedness. <br />1~. if the ~i±trxg;tg=r fall-~ to make _zn~° payments whe-tt due, or to conform to and comply a-ith any <br />of the. eonditiorte nt• at;teetxtr_nts cuntaittt~l get this mortgage, ar the Hates which it securrs, ihett the <br />entirv~ principal sum and accrued interest shall at once kxronte due and payable, at the election of the <br />ittur`tgayfc~ta, and this mortgage may thcrr=upon be fvreelaaed irnmediatel~` far flu] whale of the [pdahc~~n <br />nt~ss h~rehv sc-rttred, irfehtduzt~ the cost of Nxteradittg t}te abstr~et ut' title from the date of €hia ttta,t- <br />gage its fire time ar eummenciag such :suit,:x reasanabic: atfarney's fee, and xuy° sums gtagd by the 1'eterans <br />Admiugstratlan an account of the gaarattty ar ixtsurancQ itf the indebtedness secure d herelty, all of n°hieh <br />shall be ineludeel in the clatsroe of fateclasute, <br />14. If the indebtedness soured hetr±l>y !~ gtaarantca+d ctz• ittsur•ecl ender Title :lg, United States Cade. <br />stteh Title and Regttlatiana issued thereunder anti in e~c~ct an the date hereof shall govern the rights, duties <br />and liabilities of the parties hereto, qnd any provisions of this ar outer instruments uxec:uted in connection <br />'with said indebtedness which are incanaistent with said Title or IteKttlatians are hereby amended to <br />conform thereto. <br />• The covenants herein contained shall bind, and the benefits and advantages shall inure to, th<~ <br />