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<br /> <br />S. If he fails tG pay any sum or keep any covenant provided for in this mortgage, the Mortgagee, at <br />its option, n3ay pay Gr perform the same, and all expenditures so macia shall be added to the principal sum <br />olving on the above note, shall be secured hereby, and shall bear interest until paid at the rate provided <br />for in the principal indebtedness. <br />7. L'pon request of thellortgagee, Mortgagor shall execute and deiiver a supplemental note or notes <br />for the Slnn ol• sums advanced by Mortgagee for the alteration, modernization, or improvement made at <br />the Mortgagor's request; or for maintenaltce ,+i said premises, or for tales or assessments against t}Ie <br />same, and for any other pin?wse elsen 13ere authorized hereunder. Said note Gx• notes shall be secured <br />hereby on a parity n ith and as full>• ~ if the advance evidenced t-hereby were included in the note first <br />described above. Saic} suppirmentai note or notes shall bear interest at the rate. provided for in the prin- <br />cipal indebtedness and sha':l bc• pacabie in approxin.ately equal monthly pavme23ts for such period as may <br />be agreed upon by the Mortgagee and \Iorigagor. Failing to agree on the matm•ity, the \vhole of the sum <br />or sums sa ad,vancec; steal} 'tom <iue and 1>3 able ±hirty tdttl days alter demand br the _lortgagee. In no <br />event _ ._ ho L.a uri ;=x•_.,1 c,.. < ,...,mate nla..Irit} of t,3e note first , .eribeci above. <br />i. He hereb}- assigns, transfers and sets over to the liortgagre, to be applied unvard the payment of <br />the note and all sum, s<>curcu hereby in case Gf a default in the performance o+ atl~ of the term, and condi- <br />tions of this mortgage or the said r=ore, aii the rents, revenues and income t;: be derivi•;i fr_,m the nxort- <br />g~gec3 premises during .uvh time as the mortgage indebtedness shall remain :m,,aid: and the Mortgagee <br />shell have poker to app„ir.T. anc agent oz agents it n*_av desire for the purpose of rcming the sure and col- <br />lec•ting the renw~, revenue_ and income, and it m.:c pac out of ,aid incma3es ail necessary commissions and <br />es}x=nse5 rcur2•ed til r<m: ,g and managing ts";e same and of collecting rrr,tals ther~~iroiu; the balane~e <br />rcrlaining, if an}-. to he anplie~~l tolrard the discharge of said mortgage it:debterhless. <br />~. I3e n ill or.rar;~,u:.> ntahltain hazard insurance, of Bach h-pe or tcprs and amonr,is as Mortgagee <br />m 1 f:i?m time tti tin7i` '.~t^:!_SF', On Tale' ImprGS't'nlellto P.O1\' OI' ilPhattt'r tl;l +;ll,i lll'tlnla,__~ :_in:i .~~t?k_ni 11•ha_n <br />pzt"Ini•Ilt 3i, 1' 31] 3HC~1 ~II<'R331intS i1:tS t}3eretGtilFe tlei'n II7a.ie nltdrr (l7} t?f pat~!i;rai'~}i ~~ }l<•I•Pt,f, \1'I]l pa}' <br />l,rolnpt?~ learn dreiny in~~num~ns therefor. Upon defzluh iheret.f. Vor•tra~,>r nu3}- pay t}le same, call <br />it;sursnc :hall t~~ arri~ it3 roatpanies approvrei by the Mortgagee and the taolicin~s an,l rene» ail thereof <br />sera]] bi h: ld br th<a \i,vTgagl't and have attached thereto loos parab,!e clauses irl fal~or of and in form <br /><'z'ptat3lr to the 1gc,r..s':;g,>r- In event of '.ass _liortgagnr \vii; ~;.ve in3m,-\;late nnti~~~ }+~- mail to the i~Sort- <br />ga~re. v:ha may make pr_+o of loss if not-made prr,*nptic be ASortgagor. any: each in:utance camp3ny con- <br />_...,~3 is i.<•rrt;} ant}t::r=re4 and 7ireitz~ tG mak:~ pad nle;;i ?i,r sorb <,ss ,iirev;t', to tiie \Sortgagc~i instead <br />c,f tG the 1Sox•tgagrr and rite Mortgagee joint'.;•, anti .}!e irs.uru7cr pr,xec~is, ur anc caart (hereof. <br />mat- ire apl>iird h~ the Mortgagee at its option ei*.hel• to ;.-e redueti..n of thy- ir.,iebtedness hereb>• secured <br />.,..t+ t1;e n•steratio *.: vi• rc>pa_ir of file pr<~narty datnage,i. in event of forech,<ure of this morigagi , or Gt.4ex- <br />.•.,rsfer <~. .i*.le to the mortgaged propi•ity in zxtin~:;;;shm<>It[ itf the indeu*.ccin.•s; .,~und hereby, all <br />right, rifle and lore-lest cf t13e _liortgager in and to any insurance pc)hir_ tt:. n in f„rcc Sher}l 1:3.cs to the <br />pl;:'Chaber i,r gr$13ti';'. <br />lt3- 3s additicmal nTl coliaterai security for T he pad nrnt of ti'-, note d~~s, ~~~><,i.::.7,1 al! sums to come <br />Sue under t,.is mc,, :gage, the'tlor#gagor hereb}- ayigns to ttte Mortgag<•~• .Ill lease ht+nuses, profits, rece- <br />nnes, FGti-alti~, righ,s, c::d other #3enefits aerniing to the 3I,,T^.~agY\r uixier an> :tnd a!l oil and gas leases <br />non-, r-x• clueing tee lair „i :his n3nrtgage, ext>i-uted _rn saki (remises, 1\ ith t'l<• ri{l;t tt\ receire sod reeeipi <br />fc~r t?;c• san_3e and app}~ ti.<n3 t, said ircdrbi~dnessrs lv,>li b<•or._ a_s aft<I-;':_>t'at::t ill the c. r:^.tious of this <br />:n.::'T.~~;rr. alnd rite jin;t_alee may d<~mand, sue for and =_i-.'Derr arc snrh p:\~mrl,ts lrhr!i .rue and pay- <br />a,> . , nt s;7;~U _..' tee .«I:i; ~,} su t<• do. This assgr,m<=nt is to Te2-n3in.~.te <,!t,i in>~°eIa<- nu13 and void upon <br />release of the n~_+r+i:age- <br />II. FIe snail Heil c.....,,... -• ttx--*n.i..t ~,te; a,-d si,r.li n~;i-.aln the ~-,~ ~•r:r . <br />t - - ( .~ givld ii,ild!tiGn a5 at <br />pr:~~r. , rasvl~~t,le ..~,,..,:.,, .rF~_ <xi-opted. Upon aav fai}ore to s<, ma:'..,..., iforlnrge<>, ai its option, <br />naav cause x'ra;i,2°:a~:.. ..__.,,.~.:anc~ cl,lrk to be perfi~rm<-d at t} :<ast <_:f M~.,tgagur. .~r7ti' amounts paid <br />„ ly-,,. <br />thrrrfar bti ;S~~,rtga;;c-e saali G~~:ir intere t at the rate prori.ic~i it=r :.. *,t<r .,,ir~s3 i!;di•l,:to;iness, shall <br />rhrreupcan 3kr±une a p,t,,-t ii th:• indebtedness seeuri-,3 t3y thEs !nstr;Im~-a7:. rt+*.:ei,i~ aan,i c,n a parity \cith alt <br />Gt11er indebtedness s~ttrc-d i,rrc•Li>~, and shall b2 i~~a+11e t}tirt~- !, ~i>t ,+„7>s a•*.,-r ,Ictna!td. <br />I?. if t .e ,:rt•rni~t~s. - - a=.;}- 13rt titereof• ire ri,nciem7;ed ului<•r the ia:•.:; : r t,f >-minrrt domain, or <br />_ wired f.r _ =b~ der:. ag.._ a•~,~rd~d, ,t, ., pr+ •c-ds ic, E,, ,._.., t_ _..+r t , <br />sue}; acquxs;tlc,n, - Tt v,,. . ~ t_,7t ._*r!c;;.nt , f ..,_ ...,, , \ ct duration for <br />i< r , - , e , +:._ , , nerd bg ibis <br />mc;x-tgage, or h.,rrtn nss!i*r:,l ,, .-,N ?4Sc~r;gagi•e. and ~l.a.} ih- pa.o ,il.t;\ r}- ~ .•.;,} li„itgagee, to iu+ <br />app}xru on al't'{,ilrit c,f T.tIE~ ;.i.~i maiu:':ng InctBllnlint3 i,Z snrh Indc•I)Tc•dT;rti=. <br />I8. of the Mot g~g..r f~i1- tv !Hake an;. payments ivhrn due, or tc, r+..r';.=n; ;.: and rvmpl>~ x~ith any <br />cif Lhe €ro-datiorEs <+r gr~rn,cnys cos_ained in this m~+rtgage, or th._• .. .., };;,,- .. <br />' ;, ~. secur~'s, than the <br />enta'^e principal s7;-*n -~n ~ ;s.•-r~rurd in*:•res*_ shah at c,ncr• ht;.•omc i+t,r .;x,~-] In -;,-. ate<.};r e•l,-ct.un of ttlr <br />Sit>rt~ag=?, an:s _-ii n;<,rt~g; ;~,ay- thereupor: be fureiosed irnmedIatYh- ire the ~+'ts„1e r,j Chr indebted- <br />T1e23 Ilerebc srt-ur«i: ~i.l~fa~dicig the i'crst of extending the abstract o_ tltie :'I-;..=tr7 thc~ ciat< ,.+i this mort- <br />gage Wthe time of commenting such suit, a t raw~nable attorney's fee, eau;} :,n} >!srns ;:aid by t t!<• 1"vierans <br />zd=~iuz~t~ation on acra~.Rt of the guarant~• err ir,_,urance Ui the indebtcdn<-,; .,,•<~llr<,i ;,rr~Y>y, ail r+f H bleb <br />silaii be included ill the decree of forertnaure. <br />Id. If Llse indebta3ness secured hereby be guaranic>e,# r~,r 1!as7u-rd under'i`iite :;!;, Ltnited SCates Code, <br />such Time and ~'.~gulatisasissued thereunder and in et`fec oxl the date hereGi'shail govern the righter, duties <br />and iiabi3i#ies Gf the parties hereta, and anv provisions of this or other instruments; excK7>ted iIx conncrtion <br />with said i_ndebt~3nesc ~hictl are inexistent with said 'I~itie cn• f.eglliati+,ns are hereby amended to <br />CGnfOrm tI127etG- <br />The covenan!s herein eontaine? shall bind, and the }>enetits erne] advantages shall inure to, the <br />