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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 sum
<br />owing on the above note, shall be secured hereby, and shall bear -merest 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 />for the sum or sums advanced by Mortgagee for the alteration, modernisation, 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 with and as fully as if tF.e advance evidenced thereby were included in the note first
<br />described above. Said supplemental note ar notes shall bear interest at the rate provided for in the prin-
<br />cipal indebtedness and shalt be payable in approximately equal monthly paytents for such period as may
<br />be agreed upon by the Mortgagee and Mortgagor. Failing to agree on the maturity, file 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 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 incase 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 lortgagee
<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 any, to be applied toward the discharge of said mortgage indebtedness.
<br />9. He «~Il continuously maintain hazard insurance, of such type or types and amounts as Mortgagee
<br />may from time to time renuire, on the improvements now or hereafter on said premises and except when
<br />payment for all such premiums has theretofore been made under (a) of paragraph `L hereof, will pay
<br />promptly when due env premiums therefor. Upon default thereof, Mortgagee may pay the same. All
<br />insurance shall be carried in companies approved by the Mortgagee and the policies and renewals thereof
<br />shall be held by the \iortgagee and have attached thereto Ioss payable clauses in favor of and in form
<br />acceptable to the Mortgagee. In event of loss Mortgagor will give immediate notice by mail to the Mort-
<br />gagee, who may mal:e proof of loss if not made promptly by Mortgagor, and each insurance company con-
<br />cerned is hereby- authorized and directed to make payment for such loss directly to the 9ortgagee instead
<br />of to the Mortgagor and the 1lartgagee jointly, and the insurance proceeds, ur any part thereof.
<br />may be apph~ option either to the reduction of the indebtedness hereby secured
<br />at• to the tcstt~t t i ut~pf~aproporty damaged. In event of`'oreclosure of thts mortgage, ur other
<br />4rattsfer nt txtlet~te et~~tig+Age~ pf~iikerty in extinguishment of the indebtedness secured hereby, all
<br />right, title and interest rf -the rlortgagor in and io any insurattec: poficir~s then in fur cc shall pass to the
<br />purchaser or grantee.
<br />IC. As additional and ccl-atcrrl security fee. the payment of ±lte ttute des. riCtd, and all sum.; to became
<br />due under this mortgage, the Mortgagor hereby €tssigns to t}re °~iortgag€'v =t11 Idass hanus~s, 1:,.,i;ts, reve-
<br />nues, troyalties, rights, mxi other benefits accruing to the Mortgagor under auty and all uit and gas leases
<br />.,~ th ..,
<br />nau•, ar n-art-.~ _--e !tie nt this mortgage, executed on said [aremtses, w!th the r ght to r___i.:e a.....__eipt
<br />for thc• same and apply thc~.n to sold ittdebte~3ness as «el! t E rc tc ~_ .-ft-. ._t,tt.~t ..; khc t•andatians caf thts
<br />mortgage, and the 9ortgagee may demand, sue for and recover any such payments tehen due and pay-
<br />able, but shall not be required so to cko. This assignment is to terminate and become null and void upon
<br />release of this mortgage.
<br />11. He shall not commit or permit waste; and shall maintain the property itt as good condition as at
<br />present, reasonable wear and tear excepted. Upon any failure to so maintain, Mortgagee, ai its option,
<br />may cause reasonable maintenance work to be performed at the cost of Mortgagor. any amounts paid
<br />therefor by Mortgagee shall bear interest at the rate provided fut• in the principal indebtedness, shall
<br />thereupon become a part of the indebtedness secured by this instrumenC, ratably and on a parity with all
<br />other indebtedness secured hereby, and shall be payable thirty (30) days after demand.
<br />P2. If the premises, or any part thereof, be condemned under the paver aF eminent domain, ur
<br />acquired for a public use, the damages awarded, the proceeds far the taking of, ar the cunsideraciou rbr
<br />such acquisition, to the extent of the full antouttt of the remaining unpaid indebtedness secured by this
<br />mortgage, or hereby assigned to the Mortgagee, and shall bo paid forthwith to said Mortgagee, to be
<br />applied on account oP the last maturing installments of such indebtedness.
<br />13, If the tliartgagoc fails to make any payntc nts when clue, or to cottfa m lu and comply with any
<br />of the eonciitiatxs ur agreements contained in this morigage, ur the Holes ~~hich it secures, then the
<br />entire p*incipal sum and accrued interest shall at once b•~catne due =tnd pay~rtWr, at the t~luc•t.ion ut the
<br />:4ortgagee; and this mortgage may thereupon be foreclosed immediately far the Whale of the indebted-
<br />ness hereby secured, including the cast of extending the abstract of title tYurn the date of this mort-
<br />gage to the time of commencing such suit, a reasonable attorney`s fee, and any sums paid by the Veterans
<br />Administration on account of the guaranty or insurance of the indebtedness secumd hereby, all of which
<br />shall be incluuded in the decree of foreclosure.
<br />14. Sf the indebtedness secured hereby be guaranteed or insured under Title 323, I)nited Suites Code,
<br />such Title and Regtt{ations issued thereunder attd in effect on the date hereof shall govern the rights, duties
<br />and liabtlitiea of the parties hereto, and any provisions of this ar other instrnmcats oxccuted in connection
<br />:vith said indebtedness which are inconsistent with said Title ar Regulations are hereby amended to
<br />conform thereto.
<br />Tl:e covanarts hereixt catttzined shall bind, and the bone its and advantages shall itturr to,
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