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8. If he fails to pay any sum or keep any covenant provided for in this mortgage, the Mortgagee, at
<br />itss option, may pay or pet•form the same, and all expenditures sa made shall be added to the prir,aipal 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 principal indebtedness.
<br />7. 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, moderni?ation, 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 outer purpose elsewhere authorized hereunder. Said note or notes shall bE secured
<br />1 hereby on a parity with and as fully as if the advance evidenced thereby were included in the note first
<br />r--i described above. Said supplemental Hate or Hates shall bear interest at the rate provided for in the prin-
<br />cipal indebtedness and shall be payable in approximately equal monthly payments for such 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 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 />S. He hereby assigns, transfers and sets over to the'_4fortgagee, 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 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 Mortgagee
<br />shall have power to appoint any agent or agents it may desire for the purpose of renting the same and col-
<br />le: ting 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 will continuously maintain hazard insurance, of such type or types and amounts as Mortgagee
<br />may from time to time retlaire, on the improvements now or hereafter on said premises and except when
<br />pa}-went for all such premiums has theretofore been made under fq) of paragraph 2 hereof, will pay
<br />promptly when due any premiums therefor. Upon default thereof, Mortgagee mar- par the same. All
<br />insurance shall be carried in companies approved by the Mortgag~° and the policies and renewals th :.~~f
<br />shall be held by the Mortgagee and have attached thereto lass payable clauses in favor of and in forth
<br />acceptable to the ;<Igrtgagee. In event of loss iortgagor will give immediate notice b}• mail to the Mort-
<br />gagee, who may make 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 tc the Mortgagee instead
<br />of to the ~Sortgagor and the illortgagee jointly, and the insurance proceeds, or any part thereof,
<br />may be applied by the 8Ip"rfgaAee at~its option either to the reduction of the indebtedness hereby secured
<br />or to the resUoratiitn ar 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 indebtethu•ss ,ecured hereby, all
<br />right, title and interest of the !Vforkgaggr in and to any insuratt~e policies then in force shall pass tq the
<br />pua•chaser or grantee.
<br />10. As additiemx! and cu!latera! s:~ut•ity fr:t- the pap-n:e:;t ::l' the .,ate d,=s«rl,r-d, and all sums to become
<br />due under this mortgage, the Mortgagor heresy assigns to the lturtgagee all lease bonuses, profits, reve-
<br />nues, royalties, rights, and other trenetits accruing to the Mortgagor under an} and all oil and gas leases
<br />now, or during the life of this mvrtgaga, :'xe<•uted on said premises, Frith the right to receive and receipt
<br />for the same and apply- them fo said indebtedness as :a ell before as after clefauit in the conditions of this
<br />mortgage, and the Mortgagee may demanl, sue for and recover any such payrneuts when due and pay-
<br />able, but shall nut be renlui¢ed suto do. This asstgnment is tr: terminate and become null and void upon
<br />t•ele:~tse of this mortgage.
<br />11. He shall not commit .,r prt'mit ~+~aste, and shall maintain the property in as good condition as at
<br />present, reasonable wear' aril tear F•xcrlrt~~l. 1'lxm ear :allure to so maintain, Mortgagee, at its option,
<br />may cause reasunabir rnarntenance uurk to l,e performed at the coat of Mortgagor. Any amounts paid
<br />therefor by Mortgagee shall lx•ur irttrrest at the rate Itrc,vided Cur in khe principal indebtedness, shall
<br />thereupon k~c~come a Dart of the irnlebtednesa st~rureai by this instrument, ratably and on a parity a ith all
<br />other indebtedness scrureci h~-reltp, and shall kw payable ±hirty t30) days after demand.
<br />1•l. If the ptenu>es. or any part thereof' l~ condemned under the power of eminent domain, or
<br />acquired fur a ltubhr use. the damages awar,ic~l, the pr:~ceeds fur the taking of, or the c:nuidet•ation for
<br />such acquisition, to the extent of the full amount s.f the remaining unpaid indabteliness secured by this
<br />mortgage, or hereby a,~ignr~tl to the Moetgage+-•, and saaid be paid forth~t•ith to said Mortgagee, tq be
<br />applied on account of the lit maturing irtst;tllm~=nts of such indebtedness.
<br />1 . If the Mortgagor fails to mai,e an payments when due, or tr. conform to and compl}- with env
<br />of the conditions or agre~ntents euutainal in this mortgage, nr the cotes u4tich it secut<es, Chen the
<br />entire principal sum and accrued interest shall at once become due and papabi~~, at the election of the
<br />3ortgagee; and this rnurtgage mac thereupon lte foreclosed immediately for the ti+'hole of the indebted-
<br />ness herebp secured, irxtuding the coat of extending the abstraci of title from the date of this mort-
<br />gage to the time of c:,,mmencing such suit, a reasonable attorney's fee, and anti- sums paid by the ~'r.•terans
<br />Administratiert an aa:owtt of the guaranty or insurance of the indebtedness secured herebp, alt of which
<br />xh~!t h~ inc?t~cl~-3 in rho dw,r~€a of fares lasurc.
<br />2=1_ if the indebtedness sec-ttred hereby be guarante=ed or insured under Title ;38, United States ('ode,
<br />such 'T'itle and Regulations issued thereunder and in etft~ on the +late hereof shall govern t-he rights, duties
<br />ant} liabilitioa of the partic~ heretr, anti an_v provisions of this ur other instruments cxcauted in connecti«,n
<br />with mid ind€b~ne~ which ar° inecnsi;tent with said `Cikle or F,ep~ttlafinns ore heretiy amended to
<br />conform thereto.
<br />The crrvcrnanta herein confatut«zd shalt bind, and the benetits artd advantages shall ir:ure to, the
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