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<br /> <br />6. If he fails to pay any sum or keep any covenant provided for in th#a mortgage, the Mortgagee, at <br />its option, may pay ar perform the same, and all expenditures so made shall be added to the principal sum <br />oaring an the above note, shall be secured hereby, and shall bear interest until paid at the rate provided <br />for in the principal indebtedness. <br />?. ii"Tic ucat of the Psi-ui a a-"- wart-"3. ~3r 3hail ticei;iite and u'e)iVer a SU ICt-i'r~ntai nat~ ar nat@$ <br />i~ ~'- x ~. a- a pp <br />far ,h€ sum ar siatns advanced by Mortgagee iar the alteration, modernization, ar improvement made at -- <br />the Mortgagor's request; or far maintenance of said premises, ar for taxes or assessments against .`.Ile <br />seine, and fns any other purpose elsewhere authorised hereunder. Said note or notes shall be secured -- <br />l~reby on a parity with and as fully a~ if the advance evidenced thereby were included in the note flrat <br />daaarib~.l shave. Said supplemenUil Hate or Hates shall (tear 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 oP the sum <br />ar soma so advanced shall be due and payable thirty (3d) days after demand by the :1lartgagee. In no <br />event shall the maturity extend beyond the ultimate maturity of the Hate first described above. <br />8. He hereby assigns, transfers and sets over tta the Mortgagee, to be applied toward the payment of <br />ti~~ r. Teri - cell ' r r.n~-# F ., t <br />,_ Ti~~ _ll 3_r~ ~ared'ae_ by in ~ of _ . efa~ zn he , orm..,.~, a , ny of the erms and candi- <br />tiatts of this mortgage or the said Hate, all the rents, revenues and income to ~be derived from the mort- <br />gaged premises daring 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 />lecting the rents, revenues and inrnme, and it may pay out of said incomes al! necessary commissions and <br />expenses inenrred in zPnting and managing the same and of collecting rentals therefrom; the balance <br />remaining, if any, to be applied toward the discharge of said mortgage indebtc~clness. <br />9. Ile will continuously maintain hazard insurance, of such type ar types and amounts as Mortgagee <br />ma}• from tirue to time recnzire, on the improvements rota ar herea€ter on said premises and except when <br />payment far all such premiums has theretofore #teen made under ta) of paragraph ',: hereof, will pay <br />promptly when due an}- premiums therefor- Upon default thereof, 3fortgag~e may Itac the same. All <br />insurance shall be earrudih companies approved by the Mortgagee and the lwlicies and rene+vats thereof <br />shall tse held h}• the ~Iortgag+ee sad have attached thereto lass pay°ahlr claws in favor of and in form <br />acceptable to the ilartgagee. in event of loss lfartgagor wilt give immediate ztofice by mail to the Mort- <br />gage~r, who may make proof of loss if mst made promptly by :4lvrtgagar, and sash insurance company con- <br />__- nnri is 1t..rnhy gUthyri•rml -.w e?;r; ~.~ tit tw .T,a.~".:: pa}:: ent fir SiiCh ?voS diPP+~t#~ iu ti,e :ei0i`tKagee instead <br />ufr to the 14ortgagtrr and the ~lot2gagee jointly, xnd the insurance pt-oceeds, or any part thereof, <br />mai° br: appiic~cl by the Mortgage at its option either to the redaction ref th=< inc#ebtedra~ss hereby secured <br />ur to tht~ re>staratiaz ur ec•pazr ~>f the property damaged. In e=.ent cf fareclasure e,f this mortgage, sir other <br />trr~rasfar of Eitie tea the rn„ztf;tged property in extinguishment of the [nEictatedress .,ec;ured hereby, all <br />right, tii?e and interest of the Mortgagor in and to any insurance pc=?ic;es Shen in Farce steal! pass to the <br />purchaser or grantee. <br />IU. ~s additiat.ai xat:# +_,~llateral ~curity far the f:ayment of the hate descrti,c•d..tnd aI? sums to became <br />due under this mortgage, it.e 7riortgagar hereby assigns to the iiortgagc~ a?! l+~atie bonuses, profits, reve- <br />nues, rnyalties, rights, :nd =sther betzefits accruing ir, the 3lartg.rgar under any ;uzc? a?I oil and gas (eases <br />nrt~t-, or dur?ng the fig}: of this ztt~,t±gage. *~xc~cutld an sal;? ,sremises, ;a th t?rc= right to z-r~ci>irr~ acid receipt <br />foe the same xz:d aPP?> than to said irde-beeriness as :sell ?>efure as aftor ~lefauit ir; ih!t conditions of this <br />mortgage. and thr ~ici!tgag~^,t may demand, sue for and recoser any such ?,aymeets t+•hen due and PaY- <br />dp?e; but shalt nut ~ .,Erauirrv? so to da. This assignment is t ;terminate and 6ecomc null and raid tapan <br />t•ri:.~ of this ma~gage. <br />11. lie she?I nvt e,,mntit ,rr lxrnui 4r•astr: and shri! maintain th_,- n,•r=;~:r>.- ?. z , --- r•_ <br />- - S file%:A Lv,+tai~,tiri a3 ai <br />prr°sent, reasonals#e •.+ear au~; tear ::srept2d. L'pczn any failure to so Rtaintain, ~Iorigagee-at its option, <br />may cause r•r^as<,nable ntaintcttance ~si,rk to be perfermed at the cost of Mortgagor. .any 2maunts paid <br />thezrftsr lay k,iurtgxgtst s#ta?I tsar izzteresL at the rate pravidc;I far in the principal irsdelrtedness, sha#1 <br />tltrreupon ber*,me a ;,art of the inde6teelness sv',.-vred lay this itzstrument, ratably- and on a parity ccith ail <br />other indebterlna>ss st~ured hereby, and shall he payable thirty !3{1) bays after demand. <br />I'.'.. If the premr~-s, or cony part thereu=, he cond,:mned under thA ;waver rsf eminent r?amain. ur <br />aEx;uired far a public cse, tfte damages awarded, the prc,ceds far the faking af, er the consideration foe <br />such aequiaition, to the extent o€ the full amount of the remaining unpaid iniiaiitF~inF~ ~~•t.,rt !;y this <br />m©rtgage. or hez-why= axsignavi to the Mortgagee. and shall tae paid forthwith to said Sfnrtgagee, to lse <br />applied on account of the Dust maturing :zz.~;tai?meats of such indebtedness. <br />I3. If the ~IorigaRtsr fails to masse any pa3-znents when doe, or to conform to anr# comply, •,vith any <br />of !hQ cctnrlitiar_c <.r ..gteemesits eantair~ei €n this mortgagr_. ut• thF• states ~rhich it sf~ures, then the <br />entire principal sum and accruexl inter~si shall at Urce Itc~r,ztta~ slue and pagal>Ir~, at the eie~ctien of the <br />~tartgagee; and this m:srtgage may ihereupvtz Ile farecior.>zi irnntediateiy far thr rvha?e of the indebted- <br />n,°® hereby :xrture~rl, istr?ttdittg the a+st of extending thr atsstract of tit4t frnnt the date of this mort- <br />ga~ txs the time of cuzttznenc lug such suit, a reasonaltte attorney's fee, and r,ny -um3 {saki by the ~'r=terans <br />=~dxs:aimtratioit an acs-4unt of ±he guarankY or insurance of the ind~tstcdnes:, s,_~ured lasrebc, a!t r,f tshich <br />shall be iueluded in the dc~ree ttf foreelasure. <br />Pao .f the ittdett*.edn~i sa~curgrl hereby Ile guarantt~l ,~r insttrcKi under Title:it?, tTttited Stalest ('.cx?~, <br />I: ~t}e at'ad It~pitlatiotts ivauecl thereunder and in evert art Chet ,late ?zereof shall govern the rights, defies <br />a IialSIlti s? file ,forties beretcs, still £iny prrsyisians of ihix or o;her znstrumrtnts executed in t~annecti;,n <br />wins salts ibt~dt,gi~ wStieh are itvertnaistent with said Title +tr I:egulations z.t•e hereby amended trs <br />~~nPorm tlsereta. <br />'~ rnvcnatst€ I€et•ein r~ptaitied shalt hind, and the ttenefit+s and advanta>;ea shall inutr+ to, Ette <br />