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<br />81- OO+D34t~
<br />$. If he fails to pay any sum ar }reap any covenant provided for in this mortgage, the Mortgagee, at
<br />its option, may pay or perform the same, and all expenditures so made shat! be added to the principal sum
<br />awing on the above note, shall be secured hereby, and shall bear interest until paid at the rate provided
<br />for in the ptintipalindebtedneas.
<br />7. 1; pon re.~t}est of the ?dartga~, *uortga~r s+d°oll executza and deliver a strppleinentai notes or notes-
<br />for the sum or sums advanced by Mortgagee for the alteration, modernization, or improvement made at
<br />the Mortgagor"s request; or for maintenance of said premises, or for taxes or aassesaments against the
<br />same, and for any other purpose elsewhere authorized hereunder. Said note or notes shall be secured
<br />hereby on a parity with and as fully as if the advance evidenced thereby were included in the note- first
<br />described above. Said supplemental note or notes shall bear interest at the rate provided for ifl the prin-
<br />cipal indebtedness and shall be payable in apprn~ximately equal monthly payments for Stich period as may
<br />be agreed upon by the Mortgagee and Mortgagor. Failing tc agree on the maturity, the whole of the sum
<br />or sums so advanced shall be due and payable thirty (30} days after demand by the Mortgagee. in no
<br />event shall the maturity extend beyond thv ultimate maturity of the note first described above.
<br />$. Fie hereby assigns, transfers and safe 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 natc, all the rents, revenues and income to be derived from the mort-
<br />gaged premises draring such time av the mortgage indebtedness shall remain unpaid; and the Mortgagee
<br />she!) have paver to aratint any agent or agents it may desire for the purpose of renting the same and col-.
<br />letting the rents. r~~venars and incom+~, and it may pay out of said incomes all necessary commissions and
<br />expenses incurr d in renting and managing the same and of collecting rentals therefrom; the balance
<br />remai?i :g, it any, to lur s1',plied tuvard the discharge of said mortgage indebtedness.
<br />0. He wi11 contintt:ntslc maintain haaard insurance, of such type ar types and amounts as Mortgagee
<br />may from time to time rrHrurr, nst the improvements now or hereafter on said premises and except when
<br />payment for alt such pi-E-,~.tatms has theretofore been made under (rz) of paragraph Z hereof, will peg
<br />promptly when due any premiums therefor. Upon default thereof, 3ortgagee may pay the same. All
<br />srtsurance shalt be carried in companies apprar-ed by the Mortgagee and the policies and renewals thereof
<br />shall he held by the Mortgagee and have attached thereto l~ payable clauses in t'avar of and in farm
<br />accNptable to the Mortgagee. In event of toss Jortgagor will give immediate notice by mail to the i4fort-
<br />gagee. ~vho :nay make prat of loss if nut made promptly by liortgagar. and eact: insurance company con-
<br />tented is hereby authuriae=l and dir.~ted to make payment fur such cuss zliret,tly- to the Mortgagee instead
<br />of Yu the Mortgagor .tnd the \lurtgagee jrtintly, and the insurance prrxeeds, yr any part thereof,
<br />may }~ applied by the Mortgagee at i~ aptian eithet• eo the reduction of the iarlebtedness hereby secured
<br />or to the mstorstizm or repaar of the property dsmagert. in event of foreclosure z,f this mortgage, or other
<br />tr~asfer of title to t#ta nturtg-aged property in .•xtirguishment err the indchtr~lncss ,ecured hereby, all
<br />right, title and interest of the ~{arfgagor m and to vny insurance pr»icie:< ;ltz•n in fa*ce sharp pass to the
<br />purchtut'rr or grantrx_•.
<br />10.:~s additicsnal st:d ovliatc=cal xrurity i'or the paytnesst r,f ti.c rote dc.,=_rzbr~ah anzi alt surt>~ to becurne
<br />due under this murtgatkz•, t.hz• Mortgagor henrby astttgns to t}te ~2ortgage+• nil l~~as~- Ix,nuses, profits, rrtire-
<br />nu+'a, royaltic~, rights, arul ofher betrefits acrrtting to the Mortgagee under anp and all vfl and gas letitses
<br />Hots°, ar during the hie vi rhea mortgage-, ,~zzn-utezi ern ~tid pr-e•tnise=~, ii-ith th+• right to t•rxei~•e and receipt
<br />fur the same and app}; thrnt to ..+aid 3rtriebtedneav as i4~e11 laefure as after +.efanlt i:z the conditions ot• this
<br />nlurtgagc, and the :4{ortgagz~+• may detttatul, sue Eric and r+roter any such paayma•nts •.i•hen due and pay_
<br />able:, but shalt not rte r+Kn:.,,i w to +io. This :ustgnmeru is to terminate ausi beerme r,ulI and ;~uid upon
<br />reiea3e~ of this mmurtgagr-.
<br />{{, He shall nvt cununit sr lh=emit ,:sate; and shalt maintain the property in a3 gr>.xl rendition as at
<br />present, reason;wlt wear attzi *«-ar '°xcrl,iezi. Cpun any failure to w maintain, i{artXagae, at its option,
<br />tnay cause r?asuttable ntltintenanre ;Turk tv bz~ Itz-rfarrne:i at the r_ost of 5tartgagur. Arty amouuLs paid
<br />t~iet~.;lar b~. Mortgagee shalt irtrar sntet•evt 3t the rate pru:ided iur in the principal itidebtedneas, shall
<br />th+rtupon becutne a Bart ~,f th+~ ndebteiint?ss secured by ibis instrument, ratably and uu a parity with all
<br />other indebtodne."u seeurzni hz=,relt~, sod shalt be pad°able thirty- i30} ,lays niter demand.
<br />il. If tltr, lsremi,~~•s, r,r arty part therFVf, ,">c <_E,ndemnecl nnsler the lwxer of eminent danairt, or
<br />at~uiraxl fat- a pubitc: ttse, tlae damages aw~arzlezl, the gx•veN~=rls frig rhea taking oi, c1• the conefderation for
<br />sorb ac~uisitiart, to the extent „f the tail amount ai the remauting unpaid indebtedness seeurecl by this
<br />nturtgag{z, ur hereby r€:signed t~, tisz: y{urtgagee, and shall ttu paid farth«ith to said A{urigagee, to t>e
<br />applied on acc+~nt uT dt.., last ntatursng :r,talinr€-exs =,f such indebte~,ess.
<br />t3. !£ the .~iottg;€gv,r :`ails to make an;~ pag~tttz.rt.. ^.~hen duo, ,r to rrntorm to and eampiy with any
<br />of rite eottditiorzv ur agrF~entents <~rN#ia=r..~l =ts tells mr~r2gage, n€ the ttutcs sE }rich it secau•es, then the
<br />ettfir,~ principal .~um attri etecn€€ci rntrzrc-,t =1rai1 at n„rr.. ~.,,me due anr3 lray:€bi3=, at thK election of the
<br />Mza'tga{[eE; and tltts t3rsrtgagz: ma} thereup,,n Esc i°r~rr-closed ;trmetliately fur the ~ti-hole of the indebted-
<br />ac=~ hereby *e~rur,~rl, ,trcltrairrg tht• r•.,,t : , c•s2~•teiiets~ the atktra, t- o!' title f=•unt ilte elate of this rnart-
<br />g t<y t#se tirn•_• ezf rrlntmer,c:ttg such ..oat, a rt•:~;ts;rbie ztlturnc~'s fee. a€rd :nr~ :um paid 6y the Veterans
<br />Adgnini>ttt`atitsn ou a€iuuut z,i tree guarantu rzr inauraatcss r,f rite an=i?Utrdtt+~ss sk•cured hereby, ail of which
<br />shat) 1~ inelurled =.n the dt~r~ of fur~tiltssure.
<br />{.1, It tlae indFbttv9nt~~ a<tiurezl hereby bt: ttuarantt-t~zl •., rtr_ uzc-a un !er 't'it?e tg, ! inited Siat~s t'ntle,
<br />acich fiitlr acrd liregulat-icsnst tsuuFnl tlrvreunder and in efft4, t on the rate het,=of sha31 gucerr4 the rig};ts, dutic~
<br />an{t l~abi{itivs-of the patrUes In;reta, aatd any prs€•isious ui' t,itis ur „thee tnstrr;meai!c ,a~rq.utcd':n evnnc~ftt~n
<br />with tsairi indebtedness ralticia are inronsiaGtnt ;vith sand `t`ale rr Itegulatirms .ere ?aereYy ,unendccl ±u
<br />Y'vaa~t+rrn tb+erutu.
<br />'~ t•eevn~ lzcrcin sxfatait~3 sahall t,inr~ st,nd rite berie~i'i[s atxi xtdvantag=:, shall inure tu, the
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