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89103633
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Last modified
10/20/2011 5:06:29 AM
Creation date
10/20/2005 9:45:08 PM
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DEEDS
Inst Number
89103633
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r i <br />143633 <br />together'with all rights (including the right,$ to mktinc oroducti. ¢ravel_ oiL_ pss. coal or nther inineralel inrorw.. n.e,nette. <br />here&arbehts and spViurienances •tiiereunto belcagin� the rents. issues.:rritO' "profits thereof and revenues and Inc use there. <br />from, all improvements and personal pro erty now or later attached thtgeto or reasonably necessary to the use thereof, <br />including, but not limited to, ranges, refprigerators, clothes washers, clothes dryers, or carpet in purchased or financed in <br />whole or in put with loan funds. all water water rights, and water stock pertaining th ►r *►o, ?n, all psytncttts sr any ti.-.:e <br />owing to Borrower by virtue of any sale, lease. ttans7er, conveyance, ow condemnation of any part thereof or interest there- <br />in -all of which are herein called "the property "t <br />70 HAVE AND TO HOLD the property unto the Government and itt'aus- s forever in fee simple. <br />BORROWER for Borrower's w1f. Borrower, heirs, executors. administrators successors and assigns WARRANTS THE <br />?ME to-tho property to the Government spinst all lawful cUbms and dercoa s wk;tsoever except an liens, encumbrances, <br />easements, resery ations, or conveyances specified horeinabove, ausefCOVEI� .ANTS AND AGUES as follows: <br />(1) To pay promptly when due any indebtedness to the Government Nteby secured and to indemnify and save harm- <br />less the Government a,ggaainst loss under its insurance of payment of the note.Sy reason a..aay default by Borrower. At all <br />'times when the note t'shald by an insured holder: "Borrower shall continue 6.make paymerti op the note to the Government, <br />as collection agent foe &e holder. <br />(2) To ps to. *e Government such fees and other charges as may now or hereafi:er b'e required by regulations of the <br />Farmers Home Administration <br />(3) If requir+.4,:1 y the Government, to �.raaxice additional monthly pigyments of 1/12 of the estimated annual taxes, <br />assessments, insurance premiums and other charges upon the mortgaged premb es. <br />(4) Whether or not the note is insured by the Government, the Government may at any time pay any other amounts <br />required herein to-be paid by Borrower and not paid by Borrower when due, as well as any costs and expenses for the pre- <br />servation, protection, or enforcement of this lien as advances for the account of Borrower. All such advances shall bear <br />interest at the rate borne by the note which has the highest interest rate.. <br />(S) All advances -by the Government as described in this instrurnen.t. vwi2h interest, shall be inr6cAi ,ceIr due and pay. <br />able by Borrower to the- Government without demand at the place de*tio od in the latest note and i1all ISe, cowed hereby. <br />No such advance by the Government shall relieve Borrower from breich of Borrowert covenant ro'pay: 51 -*ca advances, <br />vrit4s interest, shatl be repaid from. t1a a f`ust .vsilalrlt collections'; <br />eceived from Borrower. Oiherwise; : v payrizerct'made by <br />Borrower may be applied on the tactic or any indebtedness to the Government secured hereby in anp wader the Government <br />determines. <br />i <br />' S <br />J <br />4 <br />
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