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76 Qa1132a
<br /> (� ment. ..
<br /> (6) tT�f uae ,theloan evidenced byythe• note soleiyfor ptupos
<br /> ea aulhotized•by the Goverg
<br /> ' P aY when due all taxes, Ram. , judgmoata, .eaeumbrances; end assessments lawfully , attaching: to ter, assessed
<br /> ' , nga1aatath•e. pmP�Yr includiagTall cdargea and� Qsaesameots in conaeclloa . with water, -water ` tighta, and water gfock . _�
<br />.-. 1. pettainiis-, o or reasor thenot ea r, any I the use debted ess herby e real securedopeity aorgagaS described
<br /> aany veand
<br /> holder beteof or of the note 8r sessments o '
<br /> • upon = de to ness ,,under
<br /> the - note , or, any
<br /> srtidindbtednesa .under the ; lawe of Nebraska, and promptly deliver to the Government without demand' recaipts evidencing
<br /> such payments
<br /> (8)' Td liefii the property insured aS -Mquite& by and .undet insurance policies approved by delivered to ; and retained by
<br /> the Government. ::
<br /> (9) [b maintain Improvements In good repair and make repairs required by the Government , opetatethe property is a good '
<br /> hd , husbendriianf tie to time9mb,comply with tL°sd i6c suchfarm
<br /> not to abandon othe property, ordfarm - and;cause or peimit waste"management
<br /> lesseningplans
<br /> • or impair---, ,Gent - of' tt lly 7reb
<br /> 'tient of theecurdy covered dereby;; or, .wtthout the . written consent of the Government, cut, remove, or Pease any umber,
<br /> gravel oil, gas,ifoal , or 'other, mtneralsiexcept as may be necessary for ordinary domestic purposes . .
<br /> (10) To comply 'with all laws , ordinances, and regulations affecting the property,.
<br /> (11) 4 To pay of reimburse the . Government (or expenses reasonably necessary or incidental to the protection of the lien
<br /> and priorityagreement
<br /> and(whetherbeforebeforeooreafter default)ment _ of or , including but not limicompliance .with the' tedvto ( costs'of . evidenceisions hereof and of tof title to 'a d surveyhe note and any ,of
<br /> -
<br /> maatary ' ert
<br /> the • propertyy costs of recording this and other , instruments; attorneys' fees, tiusteet tees, court costs , ' and expenses of
<br /> advertising, selling: and conveying the property.
<br /> (14 Neither the property. nor any portion thereof, or interest therein shall be .leased, .assigned; sold; trans(erted,. ot encum-
<br /> bered;" voluntarily a otherwise, without the written consent of the Governmnt. The Governmentshall have the ante and -
<br /> dons, andtsgat sfaction, andeno insurred holder hallthavelany right, titlee ortinterresttin onto the!ep orrany benefittshereof
<br /> .(13) At • all teasonable- times' the .Government ' and its agents may inspect the propertyto ascertain whether the covenants
<br /> and agreements contained herein or in, any supplementary agreement are being performed ,
<br /> turity of and renew and teamortixe- the ebt
<br /> any land indebtedness Government
<br /> the G vernment'securedextend and eherebyerelease from liability to the Governments any pat y so 1 able thereoenced n,•
<br /> release , portions of. the property from and subordinate the lien hereof, and waive any other rights hereunder; without affecting
<br /> ' ' the =lien. or . priority hereof or , the - liability " to -the Government of. Borrower or any other party for payment of the me or in:
<br /> e`;..11:, ,.., debtedneas secured hereby .excelt as specified by the Government in writing. _
<br /> r;?, ' (IS) I II atvany time - it shall appear to the Government that Borrower may be able to obtain a 1 oan from a production credit
<br /> association, a Federal land bank, : or other responsible cooperative , orprivate credit source, at reasonable rates and tarms
<br /> the
<br /> for loans for .tient amount
<br /> . to and periods of tiid an Borrower
<br /> indebtedness secured � hereby ands request,pay for any apply tock neceaaary. to be
<br /> los»` in sufficient amount to pay the note : and . any ,
<br /> purchased in a cooperative lending agency in connection with such loan.
<br /> (16) Default `hereunder shall constitute default under any other real estate, or under any. personal property of other,
<br /> is security . instrument held or insured . by - the Government and executed or assumed by Borrower; and default under any such
<br /> other secutity instrument shall constitute default hereunder.
<br /> (17) SHOULD DEFAULT occur in the performance or discharge of any
<br /> rrower die or y obligation in this instrrument orsccured by this
<br /> instrument, or she an ssi• one
<br /> ent forr the benefit of arties credi oas rs, the Government,
<br /> at]its option,ed an withetent, a or. without notice; mayi'
<br /> or maktothe Government hereby secured immediately.
<br /> insolvent, �r under the note and any indebtedness rtes of and take•
<br /> " due and payta en (b)e foramthe account of
<br /> due anion' ofblc, (b) for account of Borrowerupond pay Edon by it ale nd expenses
<br /> sction rof epaws instrumeor nt.' wihout other
<br /> evide ce a d op«uta or rent o the .f ing of sai a P PP property ,
<br /> lication, have a
<br /> er
<br /> '-
<br /> o£ receivers in like cases, (d)eforeclosse this instrument as provided here or by law, and (e)enfoce any and all other powers -
<br /> .
<br /> andThe
<br /> oided off a osby present or future law.
<br /> ! '- (18) . proceeds of forpedosure sale shall be applied in the following order to the payment of: (a) costlaw or a eps and expenses
<br /> b)
<br /> rior liens
<br /> ietent court to
<br /> ncident to pc) the d debt evidenced bywiththepnotevandns hereof,all indebtedness to the Government s by
<br /> ed hereby, (d) inferiorliens
<br /> be rsoe paid. (c)
<br /> of record required by law or a competent court to be so ('aid; (e) at the Government's option, any other indebtedness
<br /> r sale
<br /> of Borrower-anyoarrtof the or insuredhe Gover Government and its agentthe Government, and s any
<br /> balance
<br /> urchase as a strnger. and may pay thsure or e Govern-
<br /> '-_Y-
<br /> overn-
<br /> : • ofall f p
<br /> ment's share. of . the apucchs price by «editing. . such. amount . on any debts of -Botrowu owing to or insured.. by: the
<br /> i' T Goverment; in the order prescribed. above. not
<br /> w' (19) Borrower recognizes that; pursuant t Federal law, the Government or exemption of the era utybe b prohibiting by anmaintenance of an
<br /> y present or future
<br /> iii:' , action
<br /> law, (a)deficiency
<br /> for valuation, l appraisal,, p
<br /> acJtion for r deficiency judgment or limiting the amount thereoforthe time within which such action must be brought, `
<br /> of
<br /> Sale. or (e) limiting the conditions limitations,
<br /> wh ch the Goverlmrient may anyright
<br /> regulation imposetion or , includingossession f the interest anrate foreclosure
<br /> charge, as a condition of approving a transfer of the property to a new Borrower. Borrower expressly waives the benefit
<br /> c of any such State laws. Borrower hereby relinquishes, waives, and conveys ill rights, inchoate or consummate, of descent;
<br /> . , . ' dower and curtesy.
<br /> f
<br /> may , • '
<br />
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