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<br />6. If he fails to pay any sum ar keep any covenant provided for in this mortgage, the Mortgagee, at
<br />its option, may pay or perform the same, and all expenditures so 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 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, modernization, 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 othet• 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 beat• 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 11lortgagee 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 extenr: beyond the ultimate maturity of the note fit•st described above.
<br />8. He hereby assigns, transfers and sets over to the Mortgagee, to be applied toward the payment of
<br />the note and all sums secut•ed hereby in case of a default in the performance of any of the tet•ms and condi-
<br />tions of this mortgage or the said Hots, all the rents, revenues and income to be derived flrom 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 ii may desire for the purpose of renting the same and col-
<br />lecting the rents, revenues and income, and it may pay out of said incomes all necessat•y 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 amaunts as Mortgagee
<br />may from time to time require, on the improvements now or hereafter an said premises and except when
<br />payment for all such premiums has theretofore been made under (a) of paragraph 2 hereof, will pay
<br />promptly when due any premiums therefor. Upon default +.hereof, Mortgagee may pay the saws. dll
<br />insurance shall be carried in companies approved by the Mortgagee and the policies and renewals thereof
<br />shall be held by the Martgagee and have attached thereto toss payable clauses in favor of and in fot•m
<br />acceptable to the Mortgagee. In event of loss bortgagor will give immediate notice by mail to the Mort-
<br />gages, who rosy make proof of loss if not made promptly by Mortgagor, and sack insurance company cun-
<br />cernsd is hereby authorized and directed to make payment £or such loss directly to the llurtgagee instead
<br />of tip the Mortgagor and the tlortgagee jointly, and the insurance proceeds, or any part thereof,
<br />may be applied by the Mortgages at ire option either to the reduction of the indebtedness hereby secured
<br />or to the restoration or repair of the property damaged. In event of foreclosure ut this mortgage, or other
<br />transfer of title to the mortgaged property in extinguishment of the indebtedness secured hereby, all
<br />right, title and interest of the Mortgagor in and to any insurance policies then in force shall prt.4s to the
<br />purchaser or grantee.
<br />10. As additional and collateral security for the payment of the note described, and all sums to become
<br />due under this mortgage, the Rortgagor hereby assigns to the Mortgagee all lease bonuses, profits, rive~-
<br />nuss, royalties, rights, and cat;ter benefits accruing to the Mortgagor under any anti all oil and gas lessee
<br />now^, ar• dur•in$ ttts life of this mortgage, executed on said ptimises, ~t°1th thtt right to rteaivs and r°t~rsip€
<br />for the same and apply them to said indebtedness as ~;vell before as after default in the conditions of this
<br />rnur't#Tags. atnd the ;tlurtgagee may dsmartd, sue fur and recover any such payments when clue and pay-
<br />ablkt„ but shall not be required so to do. This assignment is to tsrminats attc€ lascams null and void upon
<br />refs of ibis mortgage.
<br />TI. I•Ie shall not commit or permit wrests; and shall main€ain the property in as goad cunditian as at
<br />present, reasonable wear and tear excepted. Upon any Failure to so maintain, MurtgttgE~t>, at itv ctptiun,
<br />may cause reasonable maintenance work to be performed at the cast of biortgagur. :1ny amaunts paid
<br />therefor by Murtgabse shall bear interest at the rate provided fur in tht~ principal indcbtechtess, shall
<br />thereupon become a part of the irtdebtednesa secured by this instrument, ratably and urt a parity with all
<br />other indebtedness secured hereby, and shall tae payable thirty {30) Jaya after demand.
<br />12. If the premises, or any part thereof, bs condemned under the power of eminent domain, ur
<br />acquired for a public use, the damages awarded, the proceeds fur the tttl<ing of, ar the consideration for
<br />such acquisition, to the extent of the full amount of the remaining unpaid intlebtedniss soured !ay this
<br />mortgage, or hereby assigned to the Martgagee. and shall be paid forthavrth to said Mortgagee, to Gc:
<br />applied on account of the last maturing inatallmsnta of such Indebtedness,
<br />19. If the Mar•tgagar fails to make ant payments when clot, or• tt> confor'nm to utrd comply with any
<br />of Che conditions or agreements contained in this mortgage, ur the notes which it secures, tht=n the
<br />entire principal sum and accrued interest shall at once become dos and -auy°ablc=, ut the election of the
<br />Martgagee; and this mortgage may thereupon tae foreclosed immetliatsly° for the whole of the indibtsd-
<br />rtess hut•eby secured, irscludirtg €ho cost of c£xtctading the abstt=act of title Frum the date of rhea rttort-
<br />gaga to the time of commencing such suit, a rsasoualile attornNy's fee, sine troy :;trots laaitl by the 1'ottxans
<br />Administration cut account of the guaranty ear insurance of the indebtedness secured hirc~lay, all of w•hielr
<br />shall be inctuded in the decree of fursclasurs.
<br />19. If the indebtedness secured hereby be guarantied or insurrd ruttier Titre 3R, Linitid States t'odr,
<br />such Titre and Iiegutationa issued thereunder and in etftwt un the date hereof shall govern the rights. dtttiis
<br />and IlabilitIes of the parties hereto, and any provisions of this or other insh•umints executed err connictiun
<br />with said indebtedness which are inconsistent with said Title ut• Regulations ors hereby amrnde+t to
<br />conform thereto.
<br />The ccavenants het•ein evntainsd shall bind, acrd the benetlts and advantages shad inure tu, the
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