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<br />6. If ha fella 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 sa made shall be added to the principal sum
<br />owing on the above note, shall be secured hereby. and shall bear interest until paid at the rate provided
<br />for in the principat indebtedness.
<br />7. Upon request of the Mortgagee, Mortgagor shall execute and deliver a supplemental Hate or notes
<br />for the sum or soma advanced by Mortgagee far the alteration, modernization, ar improvement made at
<br />the i~iortgagor'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 an s parity with and as fully as if the advance evidenced thereby were included in the note ffrat
<br />described above. Satd supplemental Hate or notes shall bear interest at the rate provided far in the pria-
<br />cipai indebtedness and shall be payable in approximately equal monthly payments for snch 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 soma so advanced shall be dne and payable thirty (30} days after demand by the Mortgagee. In no
<br />event shalt the maturity extend beyond the ultimate maturity of the note first described above.
<br />i3. He hereby assigns, transfers and sets over to the Mortgagee, to be applied toward the payment of
<br />• the note and all soma 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, al! the xents, 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 far the purpose of renting the same and col-
<br />lecting the rents, revenues and income, and it may pay out of said incomes al] 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 u•ilI continuously maintain hazard insurance, of snch type ar types and amounts as Mortgagee
<br />may from time to time reeluire, an the improvements now or hereafter on said premises and except when
<br />payment for all snch premiums has theretofore been made under (a} of paragraph 2 hereof, viii pay
<br />promptly when due-any premiums therefor. tipon 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.I~ortgagee and have attached thereto loss payable clauses in favor of and in form
<br />acceptable to ttae Mortgagee. Tn event of Sass Mortgagor will give immediate notice b}• mail to the Mort-
<br />gage, who may make proof of lase if not made promptly- by Mortgagor, and each insurance company con-
<br />cerned is hereby authorized and directed to make payment for suck ions dircctl}- to the liortgagee instead
<br />of to the Mortgagor and the Mortgagee jointly, and the insurance proceeds, or any part thereof,
<br />may be applied by the Mortgagee at its option either to the reduction of the indebtedness hereby secured
<br />or to the restoration or z•2pair 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 incleb±edaess secured hereby, a!1
<br />right, title a_nd interest of the '4iartgagor .n and to any insurance policies then i :farce shall pass to the
<br />purchaser or grantee.
<br />I0. As additional and collateral security for the payment of the note described, and all sums to become
<br />due under Lhis mortgage, the Mortgagor hereby assigns to the ltartgagee sit lease bonuses, profits, reve-
<br />nues, royalties, rights, and tither benefits accruing to the Mortgagor under any and all oil and gas leases
<br />nos=, or during floe life of this martgago, executed an said premises, with the right to receive and receipt
<br />for the same and apply them to said indebtedness as well before as after ±tefault in the conditions of this
<br />mortgage, and the llartgagee may demand, sue for and recover any such na}•ments «•hen due and pa}•-
<br />able, but shall Hat be required so to do. 'This assignment is to terminate and became null and void upon
<br />release of this mortgage.
<br />t2. He shall not commit or permit waste; and shall maintain the property in as good condition as at
<br />prezRen*, reasonable wear and tear excepted. Upon any failure to sa maintain, 4Sartgagee, at its option,
<br />may ease reasonable maintenance work to be perfc-med at the east of Mortgagor. Any amounts paid
<br />therefor by iiortgagee shalt bear interest at the rate provided for in the principal indebtedness, shall
<br />thereupon become a part of the indebtedness secured by this instrument, ratably and on a parity with all
<br />other indebtedness secured hereby, and shall be payable thirty (30} days after demand.
<br />12. if the premises, ar any part thereof, be condemned under the pAwer of eminent domain, or
<br />acquired far a public use, the damages awarded, the proceeds far the takittg af, or the consideration for
<br />such acquisition, to the extent of the full amount of the remaining unpaid indebtedness sc~ut•ed by this
<br />mnrtgage, or hereby assigned to the Mortgagee, and shall tae paid forthwith to said Mortgagee, to be
<br />applied on account of the last maturing installments of snch indebtedness.
<br />I8. I€ the Mortgagor fails to make any payments when due, or to conform to and comply with any
<br />of the conditions or agr~ments contained in this mortgage, or the Hates which it secures, then the
<br />entire principal sum and accrued interest shall at anc•e become due and payable, at the election of the
<br />3dartgr,gee; alai this martgago may thereupon L~ farecloaed imsediately for the whole of the indebted-
<br />nea$ hereby secured, including the cast of extending the abstract of title from the date of this mort-
<br />gage in iltl: ~~° of commencing such suit, a reasonable attorney's fee, and au}- sums paid by the E'oterana
<br />Administration an acraunt of the guaranty ar insurance of the Indebtedness secured iaereby, all of which
<br />ehaU he included in the decree o€ foreclosure.
<br />1:3. If the Indebterin$sa secured hereby be guaranteed or insured under Title 38, United Stales Cade,
<br />a~SiC-t'd ~ amt r',sirstiofis irsuad th+ereander and in erect an the date hereof shall govern the rights, duties
<br />ttrtd Tiebilities of the partite berets, and any previsions of this ar ether instruments executed in iFonnection
<br />with maid fnd~etstednes$ which are inconsistent with said Title ar ReguPatiatts are hereby amended to
<br />corfforan tlserea~u
<br />'Phe envenartte herein ecuetaincxi stash bind, anti the tnen+fits anti advantages shall inure to, the
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