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<br /> . ,� ...,�+ „ 8. It h�%h�LW to p�y any sum or keep any coven�nt provided for in'ffIb7ROrt�g��.at �
<br /> � it�optioa�may psy or perform the�ame.and ali expendituree rw rrwde 8h�ll lua added to the principal aum
<br /> • "°�'� ,,�� : � owin�on the above note,ihall be wcured hereby� �tnd�twll bear interest until paid at the rote provided
<br /> � ��„ "'�•y,:',;- :r.`' for in th�prinelpal indebtedneas.
<br /> �' ���"w'- '` 7. Upon requeat at the Mortgagee,Mortgagor ahall execute and deliver a aupplemental note or notea
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<br /> � ;�::.V;,�;,,,,,.. ,� for the nun or sume ndvar►ced by Mort�aQee for the altersttion�modernization,or improvement made at
<br /> �- �' the 1[ort�a�or's reque�t; or for maintenance of s4id premisea,or for taxea ur aasrsamenta a�ainet the --
<br /> �..� 6S Y�� �ma, and for any other purpose elsewhere Author[zed hereunder. 3aid note or uotes shall be aecured
<br /> �°.° '. �'`',�"�r' hereby on a parity with and as fuUy ae if the advance evidenced thereby «•ere included in the note Hrat �
<br /> � rb � `" �� `�'f'�' deacribed Above. Sstld eapplementt�l note or notes ahall bear intereat at the rate provided for in the prin-
<br /> _ �'„���„?�'�. --
<br /> -a=�-�,��.__.,,,,, clpa!indebtedneae and shall be payAble in approximately equal monthly payments for auch period as may � __ _
<br /> '�'"`'"'�'��N•"`"• be st�reed upon by the Mortga�ee�tnd MoMgaQor. Failing to agree on the maturity,the w•hole of the sum =-
<br /> ���`�'''�� or surpa ao advanced ahAll be due and pAyAble thirty (80) days after demand by tha Mortgagee. In no
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<br /> - - �, event�hall the rnAturity extend beyond the ultlmate maturity of the note flrat described above.
<br /> .�� y�.;;�„ , t�•.ie=?�f 8. He%he heieby aai��,trantfen�nd Qeb over to the Mortgagee.to be eppUed toward the payment ot
<br /> � • �� �� i�''"• the note And all au�ru seeured hereby in caee of A dePault in the performance of nny of the terms and condi-
<br /> =--� `� �^"�"�~`-: :<=.��__. tione of thia mortga�e or the aaid note.all the rente. revenues and incorne to be derived from the mort� _-.=T�-
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<br /> �aged premiaea durinQ auch time as the mortgage indebtedness ahall remain unpaid;and the Mortgagee _
<br /> . � ahall have power to appoint any aaent or agenta it may desire for the purpose of renting the same and col-
<br /> lectin�the rents, revenuea and income,and it may pay out of said incomea all neceesary commisaions and
<br /> � � �� T � expensea incurred in renting and mnna�ing the same and of cullecting rentals thQrefrom;the bolance
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<br /> �� remaining,if Any.to be applied toward thu discharge of eaid mortgage indebtedneas. ----�-
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<br /> = �,.�� 9. He/she wW aontinuowly malntain hazard insurance, ot auch type or type� and amounta as �"__°^
<br /> •• �' Moetga�ee may irom tlme to time require, on the lmprovement� now or hereafter on aaid premiaea and —
<br /> � � e:cept when p�►yment for aU such premiva�hae theretotore been made under (al of para�raph 2 hereof. �--
<br /> . � wjll pqr promptly when due any premiuma therefor. Upon default thereof, Mortgegee may pay the same. ' �
<br /> " All in�ur�uace shall be carsied in compeniea approved by the Mortga�ee and the poltcies and renewals _�.���-
<br /> _ _-_ _ ---_ ° �_____ --_--_ the[eoi �h�ll 6e held by the Mortgagee and bave att�ched thereto lae paysble clauae4 in iavor oi and in .�-
<br /> form accepCabla to tt�e Mortgagee. In event of loss Mortgagor wW give immediate notice by mail to the °`
<br /> , � _ • ° Mort�agee�who may make prooi oi lose if not made proa►ptly by Mortgagor,and each inautance company
<br /> • concerned is hereby authoxized and directed to meke payment for such loss directly to the Mortgagee
<br /> . .�., Lutead of to the Mortge�or and the Mortgegee jolntly,and the lnaurance proceeds� or any part thereof,
<br /> mqy be appHed by the Mortgagee at its option either to the reduction oi the indebtedneea hereby recured ��-�
<br /> �. ' � � ' or to the reetorat[on or repair of the property dameged. In event of foreclosure of thi�mortgage,or other ------m---
<br /> � trwfer oi ttt�e to the mortga�ed property in exttngulshment oi the indebtedness secured hereby. aU "��' '`r'
<br /> � nght, 13i1e and interPrt of the Mort�a�or in and to�y ineurance policicw then in torce �hall pata to the �-.-,.�=_.--
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<br /> ' ,. � purcha�er or�tntee. ----
<br /> j: ` � 10. As additionnl and collateral aecurity for the payment of the note described,nnd all sums to become .•������=___.
<br /> •�;y due under this mortgnge,the Mortgagor hereby assigns to the Mortgagee al l lease bonuses, proHts, reve- '=•�:
<br /> aues� royaltiea, righta, und other beneflts accruing to the Mortgagor ander uny nnd all oil and gas leases -
<br /> now, or during the life of this mortgage.executed on said pcemises,«•ith the right to receive and receipt .
<br /> / •. . _ -
<br />; f•".�. " „ for the same and apply them to said indebtedness as well before as aftcr default in the conditions of this �_
<br /> mortgage,and the Mortgagee may demand� sue Por and recover any suci► payments when due and pay- ,
<br /> � able,but ahall not be required so to do. This asai�nment is to terminate and become null and void upon „ •,._,.-�
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<br /> ,_- release oP thie mortgage.
<br />� - 11. He/fhe ai►all not commit or petmitwacte;and shell maintaln the properiy in es good condition aa at --' - "��
<br /> ` preaent,re�sonable ��ear and tear excepted. Upon any failure to so maintain, Mortgagee,at ita option, ':�s--
<br /> � may cause reasonable maintenance work to be performed at the cost of Mortgagor. Any amounta paid .--'�=:�,
<br /> � ,�4a , thereYor by blortgagee shall bear intereat ut the rate provided for in the principal indebtednrss, $hall -i=
<br /> thereupon become a �art of the indebtedness secured by this instrument,ratnbly and on a pnrity with ali =_
<br /> • . other indebtedness secured hereby,and shall be payable thirty (30) days aft���� demand. "�'�� � '
<br /> � 12. I! the premises�or any part thereof. be condemned under the po���cr of eminent domain. or
<br /> ' � acquired for a public use, the damagea awarded, the proceeds for the tnkinq of,or the considrrution fur ,
<br /> such aequisition, to the extrut of the full umount of the remaining unpttid in�lobt���iness secu�•ed by this
<br /> mortgage, or hereby assigne� to the Mortgag�e, and shall be pnid forth��•ith to said Murtgngee, to be 'f
<br /> . Applied on account uf thc lnst maturing installmenta af auch ind��bt��(II1P33. 4 .
<br /> 13. If the biorc8aaur fails to mulcc an�� E�i���ments�shen due,oe to cni1fnrm tu and compl�•�ti•ith uny :
<br /> of the conditiona or ugreements contxined in this murtgug��, or thr notrs �chich it sr.curns, then the �
<br /> , entire principal surn and acc�ved intrr�st sh�ll at unce become du�� :in�l pa�•nblr, at thr el��ction �►f the
<br /> Murtgagee; and this mrn•tKnge mxy thereupon be forcclos��d imm��diat��ly for thr ��•hnlo of th�� indcbted-
<br /> — l�-----. � ...-- L-••-�.. ............� :....i,..u�... eh.. .,�,�� .,f Net�,ndinv fhn ahatrnrt �if titli� from lhi� drtti� of this mort- .
<br /> - ---- - ..... -- �° uraa uc�ruy �.�......� .�..........r, ..._ '--' -- -�-- .. .... , .
<br /> . � gage to the tim�•of��oinm��ncing such suit,n r��s�sunabl�� :tttorney's f��e,:ind:ui�•�ums pni�1 b�• the�'��tei•ans
<br /> . Administratiun �m su�•ount uf tiio�unranty ur insur�ince uf the iud��bl��dnrs�����•in•od h��rrb�•,aiU��f��•hich !
<br /> shall be included in tlie dcc•rec of forrclosuri�.
<br /> 14. If the indebtrdn�:ca s�•curnd h�r��by Fx� guitrantrr�i ��r in�un�d iindrr Titl��:iK, ITnit��d�tat��s('��d��.
<br /> � such Titlr nnd Retttilaticmx i+tiuod th��r��undrr eind in��It'rct��n tli���I:ito h��rr��f shal l Ku�•rr�i th��ri Kht::,duti�:ti
<br /> nnd liabilities of th��p�►•tirs hcvrto,nnd anY pr�i�•isiona��f this��r nth��r in�U•urn��ntx�����cut���l in ronn��cti��n
<br /> witlt s:tid indehtednt�gs which �u•e inronsi�tent with s�tid Titlr m• R�•gulntinns arr hi�r��hy :�nu�nd��d t��
<br /> . cunform thereta.
<br /> Th� c����enants hereiii cuntainrd shall hind, and th�� brni�lits ;u��1 a�i�•c►ntaK��� :�hall inmr tu, thr
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