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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 option, may pay or perform the same, and all expenditures so made shall be added to the principal snm
<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. Upaa request of the Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes
<br />for the sum or sums advanced by 3lortgagee for the alteration, modernization, or improvement made at
<br />the Blortgagor'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 shah be secured
<br />hereby on a parity with 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 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 Mortgagee and Mortgagor. Failing to agree on the maturity, the whole of the sum
<br />or sums so advanced shall he due and payable 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. 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 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 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 coI[ecting rentals therefrom; the balance
<br />remaining, if any, to be applied toward the discharge o€ said mortgage indebtedness.
<br />9. He will continuously maintain hazard insurance, of such type or types and amounts as Mortgagee
<br />map from time to time require, on the improvements now or hereafter on said premises and exceptwhen
<br />payment for all such premiums has theretofore been made under (a) of paragraph 2 hereof, will pay
<br />promptly when due any premiums therefor. Upon default thereof, Mortgagee may pay the same. Ali
<br />insurance shall be carried'in companies approved by the Dlortgagee and the policies and renewals thereof
<br />shall be held by the Mort~•agee and have attached thereto loss payable clauses in favor of and in form
<br />acceptable to the Mortgagee. in event of loss14ortgagor evill give immediate notice by mail to the Mort-
<br />gagee, who may make proof of loss if not made promptly by Aortgagor, :urd each insurance company con-
<br />cerned is hereby authorized and directed to make payn-lent for such loss directly to the 3lortgagee instead
<br />of to the `Iortgagor and the itiortgagee jointly, and the insurance proceeds, ar any, part thereof,
<br />may be applied by the Mortgagee at its option either to the reduction of the inclebtechtess hereby aeeurecl
<br />or to the restoration or repair of the property damaged. In event of foreclosure of this mortgage, or 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 instatance policies then in force shall pass to the
<br />purchaser or grantee.
<br />iia. As additional and cailateral security ti~rr the payment of tht~ note ,-iest~rib,~ti, and ail sums to become
<br />due under this rnartf,agr, thr Mortgagor hereby assn, ns to rho. ltortgiagee all lease irarrttses, profits, reve-
<br />nues, t^ayalties, rights. and rather benefits riecruing to the ,Mortgagor under any and ail ail and gas leases
<br />r.~eo-, ar during lire file ~,( this martgagr--, exe4uted c_z rt solo prtrntice°. r *.}, th+_= ri;--E,t t-- -~~_ ._? &nd rec:eipt
<br />for the same znd a ,,l{ them to slid indebtedness a, ,=•eli F.efor.= ;s rt'.'er ,.:atilt in t:te eranditions of this
<br />mortgage, :uu,i the iiiortgagee may demand, sue for and reserver any such pct>rucuts when due anti PaY-
<br />abla, But shall nut be required so Lo rio. This assignment is to terminate anti become nail and void upon
<br />release of this mortgage.
<br />ll. He shall not commit or permit tiraste; amt shall maintain the prolxrty in as good condition as at
<br />presc!ut, teasonable wear anti fear excepted. i?yon array Iailuro to su nraiut:rin, Mortgagt>c, at its option,
<br />may cause reasonable maintemutce work W be peri`ornted at the cost of Mortgagor. :yny mnounts paid
<br />thereior by Mortgagee shall bear interest at the rate provided for in the principal indebtexiness, shall
<br />thet-ettpon become a hart of the indebtedness secured 6,v this instrucuent, ratably and nn a parity with all
<br />other iudebtedncsi secured hereby, and shall Be payable thirty (30) days after demand.
<br />72. lt" the preuriaes, nr any hart thercul', be cundetuued under tho puwrr of etniztent domain, or
<br />acquit•<~d 1'ac :r laulrlic use, the damages awat•ded, tht• Proceeds for the E.d<mg of, or Ute cunsideratian Gn•
<br />such acquisition, to the extant of the full amamtt of the rvntaiulug unpaid ituic•bt.edusss s~•cured By this
<br />mortgage. or here-by` assig7ted to t-he ~ttirtgagee, and snail 6u paid furthw-ith to s:ud ii~Ior[gagt,e, to be
<br />applied on account of the last txaturing ntstaliments of such indebtedness.
<br />13. If thral~tartgagor Cai1;; to make any iray~menia when due, or Lr runf,rrut to ztztd €untpiy ~r-ith any
<br />of ha conditions or agr€cmenta coutainrd in this anurtgaga. tar [tia notes tt}tich i[ hecurt•s. i.here the
<br />entire principal Burn and acxrued interest €hall :r~ arse hsvo:rte due and pay , :tt t. e election of tits
<br />.'vlartgagee; and this mortgage may theeeulxat bayforeclosed immediately fort#tc o'hcrle aC the indabte+l-
<br />nc=ss het•eby secure=d, incluriiatti the cr„t of e~tcnding tFi~ alsstraet of ti#le t`rom Uic dato at" this rnurt-
<br />gage to the tins ai' cartuneucing such sui#, a reasonable atti,rney''s fei, :utd ang .,unrs paid by the b'eter:urs
<br />Administration on at,count of the guaranty ur iasurauue of the indebtednesK aerurud h,+r.~by, allot which
<br />strati be inelUded iu lire decree of for-trelosua•er.
<br />14, If the indebtedness secured hereby bo guar•an[ead ur insua~d nntlec `1`iUe tS~, 1'rtiteKl States Cade,
<br />such Tula anc# liegrilations issued hereunder and in etl'ect on the date hereof shall Y,rrvrrn the rights. dutic=s
<br />and liabilities of the ptu•tics hereto, and any Provisituts of t-hi or other itrstrumcuts e•secutt~d in rattn~ct.iutt
<br />with said indeBtedneKS which are inconsistent with said 'Pine or ReAulritions acre ktrrebY :wrendnd to
<br />ranYarrrr hercio.
<br />The cavenaAts herein ctautaineti shall Bind, and h~- hrtrciita wnd :ulvantages shalt inure ta, the
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