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rite property othemise after default, the .'+tortgagee shall apply, at the time of the commencement of such proceedings, ar at the time the property is otherwise acquired, the amount thee, remaining to credit of Mortgagor under (a1 of paragraph 2 preceding, as a credit an the interest secured and unpaid and the balance to the principal !hen remaining unpaid on said n:ste. 4. The lien of this instrument shall remain in full form and effect during any postponement or exten- a"son of the time of payment of the indebtedness or any part. thereof secured hereby. 5. He wilt nay all ground rents, *axes, assessments, watRr rates, and other governmental or municipal charges, fines, or :mpositians, levied upon said premises and that he wilt pay all taxes levied upon this mortgage, or the debt secured thereby, together with any other taxes or assessments which may be levied under the laws of Nebraska against the Mortgagee, or the legal holder of said principal note, on account of this indebtedness, except when payment for all such items has theretofore been made under (a) of para- graph 2 hereof, and he will promptly deliver the otl5cial receipts therefor to the Mortgagee. In default thereof the Mortgagee may pay the same. 6. if he fails to pay any sum or keep any covenant provided for in this Mortgage, the Mortgagee, at its option; may pay ar perform the same, and ail expenditures so made shall Le added to the principal sum owing on the shave note, shatI be secured hereby, and shall bear interest at the rate provided for in the prinetpal indebtedness until paid 7. Upon:equeatof the Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes for the sum or sums advanced by Mortgagee for the alteration, modernization or improvement made at the Mortgagor's request; or for maintenance of said premises, or for taxes or assessments against the same, and for any other purpose elsewhere authorized.herettnder. Said note or notes shall be secured hereby on a parity with and as fully as if the advance evidenced thereby were included in the note first described above. Said aupplemertal note or notes shall bear interest at the rate provided for in the principal indebt edness and shall be payable in approximately equal monthly payments for such period as may be agreed upon by the Mortgagee and Mortgagor. Failing to agree on the maturity, the whole of the sum or soma so advanced shall be due and payable thirty (30) days after demand by the Mortgagee. In no event shat( the tttaturity extend beyond the ultitnate maturity of the note first described above. A» $e hereby assigns, transfers and sets over to the Mortgagee, to be applied toward the payment of the note and all sutra secured hereby in case of a default in the performance of any of the terms and con- ditions pf this Mortgage or the said note, a[1 the rents, revenues and income to be derived from the mort- gaged premises during such time as the mortgage indebtedness shall remain unpaid; and the Mortgagee shaII have power to appoint any agent or agents it may desire for the purpose of renting the same and collecting the rents, revenues and income, and it may pay out of said incomes all necessary commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaintng, if any, to be applied toward the discharge of said mortgage indebtedness. Ae will continuously maintain hazard insurance, of such type or types and amounts as the Mort gagerrray frCim time to time require, on the improvements now or hereafter on said premises, and except when ~raydient for all such premiums has theretofore been made under (a) of paragraph 2 hereof, will pap promptly when due any premiums therefor. Upon default thereof, Mortgagee may pay the same. Al] ittsuranee shall be carried in rnmpanies approved by the Mortgagee and the policies and renewals thereof sY,s€€ be held by the Mortgagee and have attached thereto loss payable clauses in favor of and in form scceptabie to the ~iartgagc~, in event of loss Mortgagor wit} give immediate notice by mail to the Mort- gagee, rvho may make proof of foss if not made promptly by Mortgagor, and each insurance company concerned is hereby authorized and directed to make payment for such loss directly to the Mortgagee instead of ie the Mortgagor and the -Mortgagee jointly, and the insurance proceeds, or any rt thereof, may ba applied by t he Mort pagee at its option either to the redo; tion of the indebtedness h~~ehy secured or to the; restoration ar repair of ±he property damaged. In event of foreclosure of this mortgage, or other transfer cf title to the rnnrtgam>d .,r~.,orr,• i.^. extinguishment of the i ~dettedness secured hereby, ail right, title and interest of the Mortxagor in and to any insurance policies then in force shall pass to th.• purchaser ar grantee. 10. As additional and collateral security for the payment of the note described, and all sums to become due under this mortgage, the Mortgagor hereby assigns to the Mortgagee al] lease bonuses, profits, reve- nues, royalties, rights and other benefits accruing to the Mortgagor under any and ail oil and gas leases now, or during the life of this mortgage, executed on said premises, with the right to receive and receipt for the same and apply them to said indebtedness as well before as after aefault in the conditions of this mortgage, and the Mortgagee may demand, sue for and recover any such payments when due and pay able, but shall not be required so to do. This assignment is u. terminate and become null and void upon release of ±l»s mortgage. lI. He shall rat commit or permit waste; and shall maintain the property in as gone condition as at present, reasonable wear and tear excepted. Upon any failure to so maintain, Mortgagee, at its option, mryy cause reasonable maintenance work to be performed at the cost of Mortgagor. Any amounts paid therefor by Mortgagee stall bear itttere=t at the rate provided for in the principal indebtedness, shall thereupon become a part of the indebtedness secured by this instrument, ratably and on a parity with al] other indebtedness secured hereby, and shall be payable thirty ;30) days after demand. 12. He will not execute ar file of record any instrument which imposes a restriction upon the sale ar occupancy of the property described herein on the basis of race, color or creed. 13. if the premises, or any part thereof, be condemned under the power of eminent domain, or xcGuired for a public use, the damages awarded, the proceeds for the taking of, ar the consideration for suit requisition, io the extent of the full amount of the remaining unpaid indebtedness secured by this mort gage, are hereby assigned W the Mortgagee, and shall be paid forthwith to said Mortgagee, io be applied on account of the last maturing installments of such indebtedness. ld. If the Mortgagor fails to crake any payments when due, or to conform to and comply Witt any of the conditions or agreements contained in this mortgage, or the notes which it secures, or if the Mort gagor be adjudicated bankrupt or made defendantin a bankruptcy or receiyerahip proceeding, then the entire principal sum and accrued interest shall at once become due and payable, at the election of the Mort- _ r~ .r, ==°tga~z r.-,ay thereupon ce forec:iosed immediately for the whole of the indebtedness ~iereby secured,~includin$ the cast of extending the abstract of title from the date of this mortgage to the time of cotnnrencing such suit, a reasonable attorney's fee, and any sums paid by the Veterans Administra- tion an account of the guaranty or insurance of the indebtedness secured hereby, all of which shall lx included in the decree of foreclosure, lie. Title RL United States Code, and the Iiegulatiotts issued thereunder shall govern the rights, duties arad lialailitiea of the prrties hereto. acrd any provisions of this ar other instruments exocuted in connection xith said indebtedtteaa which are inconsistent with said Title or Regulations are hereby amended and sulrplc.~tenied ;,^, conforan thereto.