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<br />6. 7t ha fails to pry any sum or keep any covenant provided for in this mortgage, the Mortgagee, at
<br />its option, may pay or perform the same, and all expenditures so made shall be added to the principal sum
<br />owing 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. tipon request of the ~llortgagee, Mortgagor shall execute and deliver a supplemental note or notes
<br />for the sum ot• sums advanced by Mortgagee for the alteration, modernization, or improvement made at
<br />the Mortgagor's rz<~uest; or for maintenance of said premises, or for taxes or assessments against the
<br />same, and for am other purpose elsewhere authorized hereunder. Said note or notes shall be secured
<br />hereby on a parity with and as fuil_r- 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 provided for in the prin-
<br />..ipai indebtedness and shall be pa}-able in approximately equal monthly payments for such period as may
<br />be agreed upon by the Mortgagee and Mortgagor. Failing to agree on the maturity, the whole of the sum
<br />or sums so advanced shall be due and payable thirty (30) days after demand by the Mortgagee. In no
<br />event shall the maturity extend beyond the ultimate matm•itp of the note first described above,
<br />S. He hereby assigns, transfers and sets over to the Mortgagee, to be applied torcard the payment of
<br />the note and all sums secured hereby in case of a default in the performance of any of the terms and eondi-
<br />tiotis of this mortgage or the said note, all the rents, revenues and income to be derired from the mort-
<br />gagivd premises during such time as the mortgage 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 coi-
<br />lt~ Ling the rents, revenues and income, and it may pay out of said incomes all necessary commissions and
<br />axper..ces incurred in renting and managing the same and of eolieeting rentals therefrom; the balance
<br />renwining, if at~•, to t~ applied toward the discharge of said mortgage indebtedness.
<br />9. He gill continuously maintain haaRrd insurance, of such type or types and amounts as Mortgagee
<br />ntay front time to time r~luire, an the improvements nou• or hernafter on said premises and except when
<br />payment far a31 such pr,~ntiums has tlseretofom been made under (n) of paragraph ? het•eof, will pay
<br />promptii• when due any premiums therefor. Iipon default thereof, '_Hortgag,~> ,nay pay the ssme. Ail
<br />insurance shall be carri+~cl in companies approved by the Mortgagee and the policies and renewals thereof
<br />shall be held by the Mortgagee and have attached thereto lass payable clauses in favor of and in form
<br />accep#able to 'the Mortgagee_ In event of loss Mortgagor will give immediate notice by mail to the Mort-
<br />gagee, wha may ma1;e pr•oc+f of Ioss if not made promptly by Mortgagor, and eaih insurance company con-
<br />cerned is herehv authorized attd directed to make payment for such loss direct.iy to the ;+furtgagee instead
<br />c+f to the Mortgagor and the Mortgagee jointly, and the insurance pr,xeeds, or any part themof,
<br />may be applied by the Mortgagee at its <~ption either to the reduction of the in,lehte<lness hereby secured
<br />or to the rest+~ration or repair of the property damaged. in event of foreclosure of this mortgage, or uttter
<br />Lransfer of Title to Lhe mortgaged property in extinguishment of t]te indebt~>r]n<,cs secured hereby, all
<br />right, tit3e and interest of the Mortgagor in and to any insurance policies then in Toyer shall pass is the
<br />gur•chaser or grantee.
<br />Ill. As additional and collateral security fey the payment of th=> note descritnvi, and all sums to become
<br />due undea• t3tis mortgage, t1,c Mortgagor hereby assigns to the Mortgagee all le:.se bunusrs, profitz, reve-
<br />nues, royalties, rights, and oti:er betaefits ac..-uing to the Mortgagor under any and ail oil and gas leases
<br />no.~•, ur during the h#e of this mortgage exeeutad on said pretises, Frith the right to rett i~~e and receipt
<br />for the same and apply rrhrm t<r saki indebtedness as n e]I befare a, after default in the cond:*.ions of this
<br />murtga$e, and the Rlortgagt~ may demand, sue for and recover an}- such payments when due and pay-
<br />able, but shall nat be r~vluir <kd so to do. 17tis assignment is tzi terminate and itecome null and said upon
<br />re}~ of this mortgage.
<br />II, $a shall nat commit ++r permit waste; and ,hail maintain the pmprrty in as gcx+d condition ss at
<br />grr~nt, reasonaul. hear and ir-ar excepted. L'pnn any failure to sa maintain. Mortgagor, at its option,
<br />may catty rrasonaUle maintenance work to lx per#nrntad at the cast of Mortgagor. Any amounts paid
<br />therefor b}• 3dcrtlgager ,]tall Ixar inder~t at ihr' rate prot•idt~ri for is the principal indebtedness. shall
<br />t3serevpon lx~-csme a part of the indehtednt~m srrurc~ by this instrument, raiablp and on a parity H°ith ati
<br />other indebtedness si+cuted hereby, and shall br payable thirty t3Q) da}s after demand.
<br />i~ If the pr~ttises, or any part ther~af, be randrmned under the pn,ter of eminent domain, or
<br />aaquit>rd for a gublic~ use, tl+r ;lamages a~+-anled, ffie proceeds for fire taking of, or the cansideratiun for
<br />stmn accluisirion, to ihr rxtrnt of the full amount of the n-maining unpaid indebtcdnt';s stvut•ed by this
<br />mortgage, or hereby- assignc>,i to tr.a Martgagc~, and shall Ire paid fortht=, ith to .:lid 1+4ortgagee, to be
<br />applied oft aoeottnt of the last :_.atcring installtnrnta of such ir:dobtednesc-
<br />I3. If the Mortgagor #aiis tv make am ga,-ments xhen due, ar to c-„nf<>rm to and comply with any
<br />crf file rvtsditiona cry agr~zux=nts runtzir~d in This mi;rtgagc, c+r- the nut,. +r hic•h it secures, then tht.
<br />ent.te principal sum and accrued interesi shall at once hei>ume due and pa} ably. at the election of the
<br />~iorigag•re; and this ntortgagz may iltereupor br foreck~d immediately for the whnk• of the indebtad-
<br />nesa her+e#ry secured, it,eluding Lhe cyst of estenciing the abstract of title faun the elate c}f this mort-
<br />gage to tlae time of rnmrnencirig stub suit, a rYasunable attorney's fc~-_ and aui .,outs patd by the ~'eter'atts
<br />1#dtniniatratinn on atxv+unt of the guaraniy or insurance of the lrzde6trYim~~, acrurrrl h,•n~h}-, all of which
<br />.e,stt ire included io trite drer,es of fetr~rtkasurr.
<br />i~. If t3~ iode~ttediscss cured hcrehy~ be guarantc>r•ct ur ursurtrt under ?'itle Sit, 1 ~niteri flares t'rrrle,
<br />snack T`itlr-nod Slargplatioas iaaugrl #}tereundor gnd in rtYc^ct an the {igtr hrrer,# sits]] gcrvrr-rt the rights, duties
<br />a"~'-':_ ~. of tke ~raa3ittKlterzto, snd arty prveiait+ns of this rfr cKher in4trum+=r,ts ;rx+rrutal in connPatic+r,
<br />tiiiia iadt~tedtu+axa which am inccar,aistent +~rith said Tii1+s ,+r I2egttlatiuns xre haretry .unendN<i io
<br />txx3nfa~m tbeto_
<br />Thy rnc•easaatta herein ctwtxix~d shall bind, anti thw -bent>fiL~ and aci~~xtstagc•. sl;aA it,ur•c= tu, the
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