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<br /> 6. If he/s�e fails to pay any�um o€ks,ep eay c�ven�nt provided for ia this mortgage,the Mortgageg,az its oprian may ��
<br /> pay or perfozm the same.aa�d a11 e�ud�tuaes s�m�e e�111����o the principai sum owIng on the atsoae note,shall b� .�,,:,-
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<br /> secured hereby.�d shaU t�ar iateFest undl paid at the rffie pmvided for in ttas prIucipa!indebtedness. �,�a;.-�-
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<br /> T. Upon mc�uest of t3t�Niortga,a,ee. Mortgagos shall execute nnd deliver a suppi�sntal nou or antes far t3ie sum or �W;�
<br /> �- sums advans�by Mortgagee for the alteiation, �aSem�ation, or improvemsnt made a�the Moxtgagar's:equesr, or for �.r�,
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<br /> ` maiutea,wce of said gremisea.or for taues or A4�°�a�►�±r�agaiast the same. and for any uttier purpo�e elsev�here authorized �'�`
<br /> he:eunder. Said nota or notes shali he secured hstaby oa a pariry with and ag fully as if the advaace evidsnoed thaaeby were �:.`. -.
<br /> ' isclu�d ia th�note qtat dtscribed Ebove. Sai�supptemental nose or nQtes shalt��r imerest a[th�rate pmv�ded for ia t� ��=
<br />.�`, princigal inde�te�s ancl�Il be payahie in�pproaimately eqius!moathlY paY�tents for such geri�d as may be agreed uFon by :,L;..:'�,
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<br /> �� ths Moxtgag�mxt ld�artgagar. Fa�iag to a�Ce,°on the matiuIty.the wflola of the swn or sums so advance�f shall be du�and _-_
<br /> p�,ra�L�icty(30)�ys after demand Uy th�Mongagee. In no event shall the maturlty extend beyand the ultimate manuity of _r'�^
<br /> � �� the note fusc dessribed above. ._-
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<br /> assi ¢ransf,rs and seis over to the Martgagee,to be applied tow�d tUe payment of the note and ����a=�
<br /> S. Ha/she lteieby gis. -°:-- -
<br /> al1 eums sc�t�l1 he�by�n e�se of a defmilt in the peafaimanae of any of the terats and conditions of dris mortgage ar the said �,;,���
<br /> t.�:�;'• note. all tho rtmts. reveat�s and incvma to be derived from tha uiortgaged prcmises du�g such time as the unort�ag¢ .. :"
<br /> indebt�shall c+emain unpa�d;and the Mortsagee shaU have pawer to apg�int any ageat ar agents it muy desire far t8e . ..�,
<br /> . . �pu�se of rentiag tbe same aad collectin8 the rents,reveua�aud income,aad it may gay out af saId iacamea a1t aec�s��}r ^;�,'`xi;
<br /> oammissions aud expanses iacucre� in renting an� manuging the same and of voIlecdng rentals theie&om: the balance _��- �: ,
<br /> retnaiaing,if aay.to be apglied toward the dischatge of said mortgage indebteduess. �.•.:°
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<br /> 9. H�/shewill oontinnously maintain haz�d insuiance,of sut�typear types andamoumts a.Mortgagee may fromt�ta ��_=
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<br /> ` time tequire, oit the improvements now or hereafter on sa�d premises aud except when gaym�nt for alI s�pnmiunas has .�.
<br /> then€afore ban m�k ander{a�of paragraph 2 heroof,u+i�1 Pai+PromP�Y whm due any premiwas theref�s. Upon defauit �
<br /> thereof,Moitgagee mal+Pay the sa�e- All insurance shaU be carried in comgaaies appmved�y c�e Mortgagee and the palici�s
<br /> and�efle�rals theteof sba}i be hstd by the Moitgag�and have attached ther�to loss payable c"�uses 9a favor of aud in form �;;,.�
<br /> tgag
<br /> acoeptabie ta th$Martgagee. In event of loss Mortgagor�v�l give immediate IIotice by ma�to tlu Moagagee,who may malce - ---
<br /> , pr�of of lass if not made pmmgtlY hY��8a8or.ard each insuranc�compaay cancemed is hereby anthorized and directed to
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<br /> ' maYe gaymeni for suc�loss di�ectlY to the Mortgage�instead of m the Mortgagor and the Mortgagee jo3ntly,and the insuraace ���--
<br /> � �inceeds,or aay part theiwf may be applied by the NloMgagee ai its opdan eithet to the reductioa of the indebtedness hereby _
<br /> '. secur2d or co the reswration or repais of tIIe property dama8ed• 1n event of foreciosa�of this mongage, or otTner uaasfer of _=
<br /> . tit�e to the mo�tgaged PrapertY in ex6n8uistimeat of the indebudness secured hereby, a11 right, titls and inter�t of the �,.
<br /> • ' Mortgagor in and to auy insurance gollcies dua i-e E,�ce shall pass w the p�c�aser or grantee. , �-
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<br /> �,,°:: I0. As additional and colIateral secu,zty for t�e payment of the note d�:a_'�.�nd all sum.,to b�om�due under this i�:_�.:--
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<br /> _r.,-f;,� mortgaga�the Ntortgagor herQby sssi�us ta the Mortgagee all L�banuses,t��fits. reve.:r,t�, royaldes.rl8tus.and other .'�
<br />:':::;�'� peneRts srx�:3ing ta tLe Mort��gor�sny and all oil and ga.s�s�aow.or dusing the�of this mostgage�executod on
<br /> :�`'. .., said pnmis�.with the right to receive and cecei➢t�r che sam.�nd apply them w said indebredness as well fsefore as after
<br /> � ' ` def�lt i�the canditions of this mortBaEe.aad tlse�s�tgagee may de�,sue for and recover aay such payments wheu doe . i�:.=
<br /> . aad pay�b2e,buts�all�ti be re,qnire�so to do. This assignment is to urminate and beco�null and voi8 upon release of this '�,;
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<br /> � �rt��„� .., . �r,: ''�'� ,I r''` (h�' r oo4slitton as at present, �
<br /> • 11. .Hetsbe sh�ll;�ot abrum€t°ur P2rmit aasee;aad sball maintain P aP�Y in as good
<br /> ' reasonpble wear aad�c�sr excepted. Upon any failuie to so maiatain. MQZ�3a&ee. at Its opt�oa, maY cavse reasonable . � ,
<br /> . .:,' . m�intcnauce work to beprrfoimed at the cbst of Mortgagor. Any amo�ats gai,��t5erefar tby Mortgagez sbsll bear intcrest at ,
<br /> • ' the rate pmvidEd far in the p�incipal iadebtedness. shall tbereuPou become a part of the_indebtedr�tss sewred by �hLa
<br /> ::.;'--;:` insu�r,sr:.�bly+�md on a pa:ity�cv�th ali other i�debiedness se�d hereby. and shal�6`�payabte[l�irty (34)daYs aftet -
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<br /> • � � 12. IS the gram:�.or a�y part ttsereof,be condemmed uader the poa+er of emiaent damiin.or acquired for a public —
<br /> ' � u�e�the damages awacded,th�praceeds for the t�fcing of,vr the consideratton for sucD aciqnisidon,to tht ext�nt of the twll
<br /> amoaat af t�e nmainin8 aaPaid indebtedntss set�ued by tLis mortgsge.or hereby assigne4 to ths Mortgagee�asd sbalI be�id
<br /> forthwitls t�r said Mortg�gee.to be applied on accaimt of the last maturing installments of sucli indebteQaess. . —
<br />� " 1�. �£t6e M�gs�a fails to maTce at�Y Pa7►��a��due.oz to coa��r�,:o and comp:Y with any cf the conditla�-.+,s er • --
<br /> � agtzem;�.�mmtaiIIt�i��tis mortg�ge.or ths no��ich ft secures.then t�e�id�princiy�:!sum and accmed interest sha;�.at �_-_
<br /> ';s,i� �. onx itcam�due and payable.at tII��Ze�csian of the Mortgagee;and tHis manSagp maY�ros�:on be fox�cIosed immed;�y r'
<br /> ��.`�`�.; for thc�ilra'la of the indebtedness h�3y secured. inetuding the cost of eatending the�s��st of title from the due aCt�.i�
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<br /> � � mortgage t�the t i m e o f commeac�g s^.�s u i t.a r�aso n a b l e a u o n a e y'a f a,a n d�t y x u m s p a i�b y t h e V e u r a n s A d m i n i s u a t i r s c�on �
<br /> . ��; xcauat oY the guu�n�y or insaranr,e of the indebiedness secured hentry. �:vf which shaU be incl�ad�in the d�cres of . �,
<br /> � . foccclosrue. ' --
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<br /> � 24, Lff tne iadebtedn�s aeau�d hereby be�uaraateed or insuied�nder Tide 38,Ut�at�d States cade. auch Tit"�t acd -_
<br /> . � Regulatt�o�t ias�ed thenunder aad tr�effect on the date hereof shall govem the rights� duri.*s and llabiliries of tha g�cima
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<br /> haeto,aad atry pmvis;ons of tbis or ather insuumtnts exewted in wnnectEoa with said indebtedness wLich are incdnsi.,^tent `--
<br /> � with sii4'Fiile or Regul�tiuns are hezeby amended to conform thereto. �:;'_ .
<br /> . � 'P6e cuven�ts hen9n oantained shAll biud,and the be�fi[s and sdvaatages shall inure tcx,the respe�tive hel�s.executcrs, �`
<br /> adminisuators,successo�and ass3gns of the parties hereto. Vlhe�ver iued.the singula�number shull includ:ttte pltu�l'.the o
<br /> . . D1ur�]the singuiar,aad ths use of any gender shalE be appUcuble to a11 gendeis,aad tDe term'Mortgagee'shall include miy -_
<br /> , � payee of the tadebtedness hezeeby secaral or any dansferoe thereof whethor by aperntion of iaw or otheravlse.
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<br /> � 92258C&v.dJ93(G^&A) NFA_,��e VA MOFTPGAGB . �
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