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<br />6. If he fails to Pay any sum or keep any covenant provided for in this mortgage, the Mortgagee, at
<br />its optiott, may pay or perfatztt the same, and all expenditures ao 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 />i. upon request of the Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes
<br />far the sum or sums advanced by Mortgagee for the atteration, modernization, or improvement made at
<br />the Mortgagor's request; or for maintenance of said premises, or far taxes or assessments against the
<br />same, and for any other purpose elsewhere authorized hereunder. Said note or notes-shall be secured
<br />herebv on a parity with and as fully as if the advance evidenced thereby were included in the note first
<br />described above. Said supplemental Hate or notes shall bear interest at the rate provided 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 by the bortgagee and Mortgagor. Failing to agree on the maturity, the whole of the sum
<br />or sums so advanced shall k[e due and payable thirty (30) days after demand by the Mortgagee. In no
<br />event shall the tnaturitY extend beyond the ultimate maturity of the note first described above.
<br />8. He hereby assigns, transfers and sets over to the Mortgagee, to be applied toward 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 condi-
<br />tions of this mortgage ar 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 Mortgagee
<br />shall have power to appoint 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 an}•, t.o he applied taw•ard the discharge of said mortgage indebtedness.
<br />9. fie will continuously maintain hazard insurance, of such type ar types and amounts as Mortgagee
<br />may tram time tb time rt>cntire, on the improvements now or hereafter on said premises and except when
<br />payment for all such premiums has theretofore been made under (rt) of paragraph 2 hereof, •x•ill pay
<br />promptly when due any premiums therefor. Upcm default thereof, Mortgagee may pay the same. All
<br />insurance shall he r.arried in compani~a approved by the biottgagee 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 />acceptable to the lIm•tgagt:e. In event of lass yortgagor will give immediate notice by mail to the Mort-
<br />gagee, who may make proof of Lass if not made promptly by Mortgagor, and each insurance company con-
<br />... ^ed i< [,»rr>bv authurizerl and directed to make payment for such lass directly to the Mortgagee instead
<br />of to the Sortgagor and the Mortgagee wiiYtly, ..;.' «t•e i.._......_a nw,u•aPrts• or anv part thereof,
<br />may 1>t• applied by the Mortgagte at its option either to the reduction of the indebtedness hers=by secured
<br />ur to the restoration or repair of the property damaged. (n event of farecloaurc of this mortgage, at• other
<br />transfer of title to the mortgaged property in extinguishment of the indebtedness secured hereby, all
<br />right, title and interest of the ~lortgagar in and to any itsurance policies than ir[ force shall pans to the
<br />purchaser or t[ranttw.
<br />10. As additional a:ut r ullaterai security for the payment of the Hato descr:hal. and all sums to become
<br />duo under this ma[•tgagr', the alor•tgagar het-eby aastgns to the ;liurtgage:~ :tll teacw bonaaes, profits, reve-
<br />nues, royaltiej, rights, a[[d uthfr tte?rtetits accruing to the biortkagar under any amt all oil and gas leases
<br />now, ur clurmg the life r,f this mnrtgage, exr_cuted an said premixes, Berth the right to receive and rt~c•eipt
<br />foe the srtmt t:v;>1 app!. th.,n to .aid ir;dt•btv;lnc3 :~ ti~ell bet+r,re as afre[• default in the conditions of this
<br />nu~rtgtyp', and fltr 1lortgttrry tutu dsnarrd, sue f+±r artd recr,ver an}' sui•}t 1>sayments when Elue and pay-
<br />able, but ,hall trot tm requu~etil su to do. This assignment is to terminate and become null and void upon
<br />rr±leaae. of this mar•tgage.
<br />li. He shall not ctanmit .,r Ixtrnut waste; and shall maintain the prol~rty in as gaud condition as at
<br />present, reasunahle wear and tear excepttai. [;pon an}' failure to su mainuun, Mortgagee, ut i[a option,
<br />may cause reasunahIe maintenance work [n be perfurmeci at the cost of 17urtgagor. Any xmouttts patd
<br />thereior by Murtgal;ee shut! Isar interest at the rate provided for in the prvtcipal indebtedness, shall
<br />thereupon htcome a part of the indebtedness secured by this instrument, ratzthly and ott a purity wtth all
<br />ether indebtedness secured hereby, and shall be payable Ehirty (80) days after demand.
<br />lY. Lf the premises, or any part thereof, he condemned under the power of eminent domain, ur
<br />acquiro>ct far a public use, the dtunages xwarded, the proceeds for the taking uf, ar the aatsidr•ratiun fur
<br />such acyuisitiou, to Lhe r~t,rnt of the full artruutrt ut th+^ reruainutg unpaid in,lrbttatnetut sca~un•d by this
<br />ntut•tgage, or hereby assigned to the Mortgagee, and shall be paid 1'orthwit.h to sairi biuetgagt>e, to lx
<br />applitx! au accauat of the last maturing installrr[ents of such indebtedness.
<br />13, if the Fiortgagt;r fails to make arty paymcata when due, or to,vwr"m'm to anti comply s ith any
<br />of the ctutditii,tts ur agreements cuntainecl in this ttturtXage>, -,r the rt~tr> =. hisli it scicurox, then the
<br />eutirtt principal sum rtnti aecrne-d interest shalt at „nee here>nte due and payahte, at khe etrrtiun r,f the
<br />'kiurtgaq.~; and this [uurtgagr may thereupon be furealosed imntcdiately fur thcr whole of the indebtt•ri-
<br />nesx hereby soured, including the cosy -~f extending the abstraia r,f title From ttre dai~• r,f this rnurt-
<br />$aqa to the etme of ct,nunertcing such suit, a reasanabie attorney's fee, and nn ~ sums laid tty the ~'etevans
<br />Adrntnistrat[un un accnunt r,f the guaranty ur insw•auce of the utdcbtudueas st*run~d hr•rehy, till of wh[c6
<br />shall t,e included in the riecrt•e of fareulosure.
<br />14. If the indebttklnt~ recur<~.~ hen:by be guarantt~e>d rn. inaurrKt outlet Title 38, t'nrted Stakes Codt>,
<br />x[n~h Title anti itegttlatitnta rued thereunder and in effect mr ti[e data hertvtf shall govern the riglrtx, duties
<br />and habllttiea a[ thrt. paetit~ 1[ereta, ttrrd any provtsiuns of this ur ut-hr>r in3trumv~ntri exta•uttai i[[ runm~.•rlwn
<br />with :aid indnbtednexa wt[ich are irtcart~xixtent with said -15tie or keAUiatiur[s are he[^eby ants>ndtal to
<br />~unfarr'n thereta~.
<br />The .;fvenants t[eresirt ~rntattter'1 shall hind, and the tursNfitw and aeivant.ag+=s Rl[ail ,pure ta, th.>
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