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f 89- -10300 (6) To use the loan evidcn..ed 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 pro petty, including all ehar;es 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 in- debtedness under the laws of Nebraska, and promptly deliver to the Government without demand receipts evidencing such payments. (8) To keep the pr ¢?� ' a�Q under insurance policies approved by the Government and, at its request, to deliver such p 0 (9) To maintain im ov :to c repairs required by the Government: operate the property in a good and husbandmanl etitlt farm conservation practices and farm and honte management plans as the Government front time to time may prescribe; and not to abandon the property, or cause or permit waste. Iessening or impairment of the security covered herebv or, without the written consent f the Gove nment. -ut remove, or lease any timber, grave) oil gas, ck al. or other minerals except as may be necessary for ordinary dom,.tic pur„ use (10) To comply with all laws. ordinances and regulations affecting the property. (11) To pay or reimburse the Government for expenses reasonably necessary or incidental to the protection of the lien and priority hereof aad to the enfurco rent 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 r wording this and othe, uu%trtuments, attorneys' fees, trustees' fees court costs, and expenses of adver- tising selling and conveying; the prupert.v. (12) Except as otherwise j,v ,v &:ed by the Fanners Home Administration regulations, neither the property nor any portion thereof or interest therein s4atr be leased, assigned, sold, transferred, or encumbered voluntarily or otherwise, without the written consent of the Government. The Govemaent shall have the sale and exclusive rights as mortgagee hereunder, including but not limited to the power to grant consents partial releases, subordinations. and satisfaction, and no insured holder shall have any rights, title or interest in or to the lien or any benefits hereof. (13) At all reasonable times <<te 'Coverrm.ent and its agents may inspect the property to ascertain whether the cov- enants and ag*reendcnts contained herein pr trt atic !•applemcntary agreement are being performed. (14 The Governrr:emt ortw ta' extend or, Jvf,r the maturity of acrd} renew and reschedule the payments on, the debt evidence by the nute vp ,t:ty indehtednes_s ra• cl,e• Government secured bi- this instrument, (b) release any party who is friable under the note or For the debt from liabdity. to the Govcrnmdent. (cj release portions of the property and subordinate its lien, and (d) waive any other of its rights unde "r this instrument. Any and all this can and will be done without affecting the lien or the priority of this instrtcd +rent or Borrower's or any other party's liability to the Government for payment of the note or debt secured by this instrument unless the Government says otherwise in writing. HOMMVER, any forbearance by c wircilscr uncr or often —in exercising any right or remedy under this instrument, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy. (lj) If at any time it shall _p rear tc� the Government that Borrower may be able to obtain a loan 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 �ay the note and any indebtedness secured hereby and to pay for any stock necessary to be purchased in a cooperative Ient ing 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 instrument held or insured by the Government and executed or assumed by Borrower, and default under any such other security instrument shall constitubr default hereunder. (17) Borrower further agrees t.bat, the loan(s) secured by this instrument will. be in default should any loan proceeds be used fur a purpose tfi,nt will contribute to excessive erosion of highly erodible, latztf.or to the conversion of wetlands to produce an agricultural commodity, as further explained in 7 CFR Part 1940ysubpaft G. Exhibit M. (18) SHOULD DEFAULT ycCur in the performance or dischargge of any obligattion in this instrument or secured by this instrurnent or should the part- mv.itamed as Borrower die or be declared an incompeeert.E, or should any one of the parties named as acrrower be discharged ;n l,ankruptcy or declared an Insolvent or make an as- -*nment for the benefit of creditors the Government, at its option, with or without notice, may: (a) declare the entire amount unpaid under the note and any indebtedness to the Government hereby secured ini,mediately due and payable, (b) for the account of Borrower incur and pay reasonable expenses for rep„ir or maintenanee.rf and take possession of, cnlrerate or rent the property, (c) upon application by it and production of t1ii11 m"'trumeot. without other evidence and without notice of hearing of said application, have a .receiver ap�poiuted for the prone: n ,. ,Kith the usual powers of receivers in like cases. (di foreclose this instrument as provided herein or by- law, and (c) enfc•rce any and all other rights and remedies provided herein or by. present or future law. (19) The proceeds; of foreclosure sale shall be applied in the following, order to the payment o&(a) costs and expenses incident to enforcing nr co,.mplying with the provisions hereof (b) any prior limns required by law or ac,utrtpetent court to be so paid. (c) the debt evidenced by the mote and all indebtedness to the Government secured hereby, (d) inferior liens of record rrcluired by law or a .umpetcnt court to be se paid. (e) at the Government's option, any other indebtedness of Bor- rower owing to or insured by the Government, and (f) any balance to Borrower. At foreclosure or other sale of all or any part of the property, the Government and its agents may bid and purchase as a stranger and may pay the Government'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. i n dr i r= . I.