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<br />6. I'f he fails to laay any sum or keep any covenant prvvided far in this mortgage, the Mortgagee, at
<br />its option, may^ ply c>r pet•form the same, aril all expen(litttt•crs so made shall be added to the principal sum
<br />o+vir?g act the al7vve uotr~, shall be secured hereby, and slta~lt bear interest until liaid at the rate provided
<br />for in the principal indebtedness.
<br />i. Upon reauest of the Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes
<br />for the sum or sums advanced by Mortgagee for the alteration, modernization, or improvement made at
<br />the Mortgagor's request; or for maintenance of said premises, or for taxes or assessments against the
<br />same, and for any other purpose elsewhere authorized hereunder. Said note or notes shall be secured
<br />hereby on a parity ++~ith and as fully as if the advance evidenced thereby were included in the note first
<br />described above. Said supplemental note or notes shall bear interest at the rate prvvided 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 b}• the :1lortgagee and A'Ivrtgagor. Failing to agree on the maturity, the tchole of the sum
<br />or sums so ach-anced shall be due and payable thirty (30) days after demand by the Mortgagee. In no
<br />event shall the maturity extend beyard the ultimate maturity oY the note first described above.
<br />S. FIe hereby assigns, transfers and sets over to the Mortgagee, to he applied tot+•ard the payment of
<br />the note and all sums secured heresy incase of a default in the performance of <uty of the terms and condi-
<br />tiaus of this mortgage yr the said note, all the rents, revenues and income to be derived from the mort-
<br />gaged premises during such time as the mortgage. iudebtedness shall remain unpaid; and the Mvrtgagee
<br />shall have pvtver to appoitrt 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 />expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance
<br />remaining, if any, t~? be applied to+card the discharge of said mortgage indebtedness.
<br />9. He +eill cvntinunusly mauttaitt hazard insurance, of such type or types and amounts as Mvrtgagee
<br />msy iron? time to time rc'<nttre, vn the improvements now or hereafter on said premises and except when
<br />payment for all such premiums hats theretofore been made undet• (a) of paragraph ? hereof, will pay
<br />promptly when due any prr~miums tltet•efvr. Upon default thereof, Mortgagee may pay the same. A8
<br />insurance shall be carrie.~ci in companies approved by the Mortgagee and the policies and renet+-als therevf
<br />shall he held by the 9lortgagcc and have attached thereto loss payable clauses in favut• of and in form
<br />acceptable to the tiurtgal*ce. In event of toss Mortgagor will give immediate unties by mail to the Mort-
<br />gagc~e„ who may ntal:e pronf of loss if not made promptly by Mortgagor, and each insurance company con-
<br />cerned is hereby authorized and directt~i to make payment for such loss directly to the ~Iortgagef• instead
<br />of to fife Mortgagor and the Mortgagee jointly, and the insurance prcxeeels, or any part therevf,
<br />may be apl}lied by the Mortgagcti at its option either to the reduction of the iudebtedness hereby secured
<br />or to the restoration ur repair of the property damaged. In event of foreclosure of this mortgage, ar other
<br />transfer of title to the mortgaged propcu•ty in extingtnshment of the indebtedness secured hereby, all
<br />right, title anti interest vP the ;4ortgagor in arts to any insurance policies then in lures shalt paw to the
<br />put•chaser or grantee.
<br />10. As additional and collateral security for the payment of the note described, and tsli sums tv beeatno
<br />due under this mortgage, the &lot•tgagor hereby assigns to the Bortgagee all (ease bonuses, profits, reve-
<br />nues, royalties, rights, and other benefits accruing to the Mortgagor under any and ail nit and gas leases
<br />note, yr during tre life a?f this mortgage, Executed an saiii premises, Leith thel right t«t rc=ceiti-c and receipt
<br />for the same and apply them to said indebtedness as well before as after default in the conditions of this
<br />rxtor•tgage, and the llnrtgagcw may demat,d, sue fvt• at?d recover any such payments evh«=n <1ur• and pay-
<br />able, but shall nut be required so to do. This assignment is to terminate and b~~?me null and void upon
<br />release of this ntvrtgage.
<br />Il. Ile shall not cvrnmit ,~r permit tvarste; and shall maintain the property in ru gcxxl c_c~ndiiim, aR xG
<br />pr~seui., r~nsunable t+ear and tear Gxcr=ptod. Upon any failure to so maintain, Mortgagee, at its option,
<br />may cause reasonable rnainlenartce work to be performed at the cost oC Murtgagvr. Any amounts paid
<br />therefot• by Mortgagee shall bear interest at the rate prvvided for in the principal indebtedness, shall
<br />thereupon become a part of the indebtedness secured by this instrument, ratably and un a parity with all
<br />other indebteeness secured hereby, and sha}i be pati•able thirty (30) days after demand.
<br />12. If the premises, or any part thereof, be condemrted under the lw+ver of eminent domain, or
<br />acquired for a public tree, rite damages awarded. the pt•oceeds for the: taking uf, or the evnsidetativn for
<br />such acquisition, to fire extent of the full amount of the remaining unpaid inciebt«=dress secured by this
<br />mortgage, w• hereby assigned to the Mortgagee, and ahail be paid for•thtcith to slid Mortgagee, to tx
<br />applied oft account of the last maturing instttllutents of such inderbtedness.
<br />IS. If th«« Mortgagor fails to maker any paytrtents when duo, or tv ctutl'orm tv and comply with any
<br />of the conditions yr agreements contained in this mortgage, ur the notes tvhic}t it socure:s, titer the
<br />entit•rs principal sum and accrard interest shall at once become due and payable, at tiro el«-etivn of the
<br />Mvrtl~agce; and this mortgage may thereupon be foreclosed immediately for the whole of ttte indtrbtud-
<br />uesls he,relty s«•etu•ed, including thc• <:ust of extettcTing the abstr~t of kitte frutn the sat€~ of this mort-
<br />gage to the time of cumment;ing such suit, a reasvnttble attorney's Fee, and any sums paid by the !'etorans
<br />Adtninistratiuu on account of the guaranty or insurance vC the indebtedness secure-d he^r.rby, all of ~°hich
<br />shall-be }ncludt=d in the tieeree of .foreclosure,
<br />14. if the indebtedness secured het•eby lee guaranteed or insured under Title 3$, united States Gods,
<br />such Title and Regulations issued thereunder and in effect vn the dale hereof shalt govern tits rights, duties
<br />and lial?ilities of the parties hereto, and any provisions of this or other instruments executed in cunnrctivn
<br />- with said indebtedness which are inconsistent with said Title or Regulations ttre hereby tunended tv
<br />conform thereto.
<br />The covenants herein contained shalt bind, and the benefits and advantages shall inure to, the
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