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<br />H. if he fans *Ja pag any sum or keep any covenant provided far in this moxtgage, the Moxtgagee, at
<br />its option, may payor perform the same, and aIl expenditures sa made shall be added to the prineipaI sttm
<br />awing on the snore note, shall 6e secured hereby, and shah bear interest anti? paid at the rate provided
<br />far in the prieeipal indebtedness. _
<br />7. Upon request cf the Mortgagee, Maxtgagor shah execute and deliver a supplemental Hate or notes
<br />for the sum ar sttms advanced by Mortgagee for the alteration, wader^izatior_, ar improvement made at
<br />the 33oxtgagor's request; or far maintenance of said premises, or fur taxes or assessments against tixe
<br />same; and for any other purpose elsewhere authorized hereunder. Said Hate or Hates shall be secured
<br />hereby on a parity with and as fully as if the advance evidenced thereby were itieluded in the note first
<br />described above. Said supplemental note or notes shall beax• interest at t}te rata ptrovidecl far in the prin-
<br />cipal-indebtedness and shall be payable in approximately equal monthl}- payments for such period as may
<br />le agreed upon by the Slartgagee and Mortgagor. railing to agree am the maturity, the whole of the sum
<br />or sums so advanced shall be due and payable thirty {30) days after demand by the yortgagee. In no
<br />event shall the maturity extend beyond the ultimate maturity of the Hate first described a'oove.
<br />8. He hereby assigns, transfers and sets over to the RiorLgagee, to le applied taw•ard the payment of
<br />tite note and all sums secured hereby in case of a default in the performanrn a:` any of the terms and co[xdi-
<br />tions of this mortgage or the said Hate, all the rents, recanues and income to be derived Tram the mort-
<br />gaged premises during such Time as the mortgage indebtedness shall remain unpaid; and the 3ortgagee
<br />shall have power to appoint any agent or agents it may desire for the purpose of renting the same and coi-
<br />lectiisg the ,-cots, revenucc_ and income, and it may nag out of said incomes all necessary cammissians and
<br />expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance
<br />remaining, if any, to ba applied toward the discharge of said mortgage Sndebtedness.
<br />9. Ae will continuously maintain hazard insurance, of such type or types and amottnts as 3ortgagee
<br />may fron7 time to time remtice, on the improvements now or hereaftet• ott said premises and except when
<br />payment for all such premiums has thexetofore been made under (ex) of paragraph ?hereof, w•ili pay
<br />promptly when due any premiums therefor. Upon default tltereaf, Mortgagee may pay the same. All
<br />insurance shalt be carried in companies approved by the Mortgagee and the lolicies and renen-als thereof
<br />shall he held 6y the :Mortgagee and hate attached thereto loss payable clauses in favor of arcl in form
<br />acceptable to the Mortgagee. In event of loss 'Mortgagor will give immediate nonce ly mail to the Mort-
<br />gagee, who may make proof of loss if not made promptly by Mortgagor, and each insurance company con-
<br />cc;rtxed is hereby authorized and directed to make payment for such loss tiirertly to the Mortgagee instead
<br />of to the Mortgagor and the 1ortgagee jointly, and the insurance proceeds, ur any part thereof,
<br />ma}• be applied by the Mortgagee at its option either to the reduction of the indebtedness hereby secured
<br />ar 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 ary insurance policies then in fei•cc chat] pass to the
<br />purchaser or gx°antee.
<br />I0. As additional and euihrteral sorority fur the payment of the irate descriin d. anti ail sums to bncotuc
<br />due under this mortgage, ilie itiiartgagor hereby assigns to tha Mortgagee ail lease bonuses, profits, r,~vE:_
<br />ones: royalties, rights, and other benefits accruing to the Mortgagox• urcier any and ail oil and gas 3eases
<br />nb;a°, or durii:g the life of: tuls mortgage, executed :;n said premises, with rlt~• fight t~ ecei=.=e and receipt
<br />for the same and app!} them fo said indebtedness as ~a•ell before as after clei~ttilt iu tho conditions at this
<br />mortgage, and the Mottgagee may demand, sue for and recover any such payments when due and pay-
<br />ab]c, buC shall not le required so to do. This assignmont is to terminate and become null and cold open
<br />release of this mortgage.
<br />11. He shall not commit ar permit waste; anei shall maintain the property in as good condition as ai
<br />present, reasonable wear and fear excepted. Upon any failure to so maintuiu, Mortgagee, at its option,
<br />may cause reasonable maintenance work to be performed at the cost of Mortgagor. :1ny amounts paid
<br />therefor by Mortgagee shall bear interest at the rate procidect for in the principal utdebiedness, shall
<br />thereupon become a part of the indebtedness secured by this instrument, ratably and uu a parity n•ith all
<br />other indebtedness secured hereby, and shall be payable thirty (30) days after demand.
<br />12. If the premises, or any part thereof, be condemned under the power of eminent domaita, or
<br />acquired for a public use, the damages awarded, the proceeds foe the talciug of, ur the cousideeatian for
<br />such acquisition, to the extent of the full amomxt of the re[naining unpaid indebtedness secured by this
<br />xnartgage, or hereby atssigned to the Mortgages, and shalt be paid forthwith to said hlortgagce, to le
<br />applied on account of the last maturing installments of such indebtedness.
<br />13. if the 9ortgagor Fails to make ant payments when due, or to conform to and comply Leith any
<br />of tlc eonditiaais ar agreements caritaineci in tlis mortgage, ot` the itatea which it secures, then the
<br />entice principal stun and accrued interest shall at nneB bucome due and laayable, at the election of the
<br />~int•tgagee; and this mortgage may thernupon be foreclosed immediately for the tehale of the indabted-
<br />ness hereby secured, inclusiiug the cost of extending the abstract of title ftront the date of this mort-
<br />gage. Lathe Cime of eomntenCing such suit, a reasonable attorney's fee, and any sums paid by tha h'eterans
<br />Administration on account of the guaranty or insurance of the indebterincss secured hereby, all uC which
<br />sha]! be included in the decree of foreclosure.
<br />'-=1d, Yf the indebtedness secured hereby be guarantezd or insured under I`itle 33, United St~•ttes Code,
<br />st#ttl Tftte and Itegulatians issued thereunder and in effect on the date het~eof shall govern the rights, duties
<br />slid ttattilities of tle parties hereto, and any provisions of this ar other instruments executed in connection
<br />with saiii indeltedness which are inconsistent with saki Title or Regulations are hereby amet:decl to
<br />coxxfvrm.tltereta.
<br />The covenants herein containe<! shall bind, and the benefits and advantages shall inure ta, the
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