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.010721 .0 (6) To use the loan evidenced by the note solely for purposes authorized -by the Government. (7), To pay when due all taxes, liens, judgments, encumbrances, and assessments lawfully attaching to or assessed against the- property, including all charges and assessments in connection with water, water rights, and ' water stock pertaining to or reasonably necessary to the use of the real property described above, and all taxes and assessments levied upon this -.mortgage or the note or any indebtedness hereby secured.or against any legal holder hereof or of the note or of said indebtedness under the laws of Nebraska, and promptly deliver to the Government without demand receipts evidencing such payments. (8) To keep the property insured as required by and under insurance policies approved by, delivered to, and retained by the Government. (9) To maintain improvements in good repair and make repairs required .by the Government; operate the property in a good and husbandmanlike manner; comply with such farm conservation practices and farm and home management plans as the Government from time to time may prescribe; and not to abandon the property, or cause or;permit waste, lessening or impair- ment of the security covered hereby, or, without the written consent of, the Government', cut remove, or lease any timber, gravel, oil, gas, coal,. or other minerals except as may be necessary for ordinary domestic purposes. (10) T6r'C4'ompI' with iill laws, ordin�nces,'and regulations affecting the property. , ; y (11) To -06y or reimburse the Governmeint for expenses reasonably necessary or incidental to the protection of the lien .and priority 6reof and to the enforcement of or the compliance with the provisions hereof and of the note and any supple- mentary agreement (whether before or after default), including but not limited to costs of.evidence of title to and survey of the property, costs' of recording this and other instruments, attorneys' fees, trustees' fees, court costs, and expenses of advertising, selling, and conveying the property. (12) Neither the property nor any portion thereof or interest therein shall be leased, assi gned, sold; transferred, or encum- bered, voluntarily or otherwise, 4ithout the written consent of the Government. The Government shall have the sole and exclusive rights as mortgagee hereunder, including but not limited to the power to grant con�ents, partial releases, subordini- tions, and satisfaction, and no insured holder shall have any right, title or interest in or to the lien or any benefits hereof. (13) At all reasonable times the Government and its agents may inspect the property to ascertain whether the covenants and agreements contained herein ' or in any supplementary agreement are being performed. (14) The Government may extend and defer the maturity of and renew. and reamortize the debt evidenced by the note or any indebtedness to the Government secured hereby, release from liability to the Government any party so liable thereon, release portions of the property from and subordinate the lien hereof, and waive any other rights hereunder, without affecting the lien or priority hereof or the liability to the Government of Borrower or any other party for payment of the note or in debtedness� Ejecured hereby excelt as specified by the Government in writing. . (15) If at any time it shall appear to the Government that Borrower may be able to obtain a I oan from a production credit association, a Federal land bank, or other responsible cooperative or private credit source, at reasonable rates and terms for loans for similar purposes and periods of time, Borrower will, upon the Government's request, apply for 'and accept such loan in sufficient amount to pay the note and any indebtedness secured. hereby and to pay for any stock necessary to be purchased in a cooperative lending agency in connection with such loan. (16) Default hereunder shall constitute default under any other real 'estate, or under; any personal property or other, security i'strument. held or insured by the �' Government and executed or Eissurned by Borrower, and default under any such rther security instrument shall constitute default hereunder. (17) SH.OULD DEFAULT occur in the performance or discharge of aq bli t'on in this instrument or secured by this instrument I , or should any one of the parties named as Borrower die or' e declared an incomFetent, a bankrupt, or ail insolvent, or make an assignment for the benefit of creditors, the Government, at its i or witlio'ut notice, may: (a) declai�e the entire amount unpaid under the note and any indcbtedncss�to the Government hereby secured immediately due and *p�yable, (b) for the account of Borrower incur and pay reasonable expenses for repair or maintenance of and take possession.of, operate or rent the property, (c) upon application by it and production of this instrument, without other evidcrice-and without notice of licarin f* id 1i sal app ication, have a receiver appointed forthe property, %vith tile usual powers of receiver's in like cases, (d) foreclose iis instrument as provided herein or by law, and (e) enforce any and ill other rights and remedies provided herein or by present or future law. (18) The r9ceeds of foreclosure sale shall be applied in the following order to the payment of: (a) costs and expenses incident to enforcing or complying with the provisions hereof, (b) any prior liens required by law ori a competent court to be so paid, (c) tile debt evidenced by the note and all indebtedness to the Government secured hereby, (d) inferior liens of record required by law or a competent court to be so paid, (e) at the Government's option, any other indebtedness of Borro%'ver owin� to or insured by the Government, and (f) any balance to Borrower. At foreclosure or other sale of all c- - - , , - the property, the Government and its agents may bid and purchase as a stranger and may pay the Govern- ment's share of the purchase price by -crediting such amount on any debts of Borrower owing to or insured by the Government, in the order- prescribed above (19) Borrower recotnizes that, pursuant to Federal law, the Government will not be bound by any present or future State law, (a) providing or valuation, appraisal, homestead or exemption of the property, (b) prohibiting maintenance of an action for a deficiency judgment or limiting the amount thereof or the time within which such action must be brought, (c) prescribing any other statute of limita:tions, (d) allowing any right of redemption or possession following any foreclosure sale, or (c) Ii * miiing the conditions which the Government may by regulation impose, including the interest rate it.may charge, as a condition of approving a transfer of the property to a new Borrower. Borrower ex . pressly waives the benefit of any such State laws. Borrower hereby relinquishes, waives, and conveys all rights, inchoate or consummate, of descent, dower, and curtesy.