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1 03633 (6) To use the loan evidenced by the note solely for purpoASS authorized by the [:Qvo•rontent, (7) To pay when due all taxes, liens, judgments, encumbrances, and aratc}amrrits lawfully attaching to or assessed against the property, including all chaMes and assessments in connection with water, water rights,. and water stock pertaining to or raaswn- ssecaamy to the use of the real property described above, and all taxes and assttssntcnts levied upon this mortlpr 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 Governmont without demand receipts evidencing such payments. (8) To keep the property insured as required by and under insurance policies approved by the Government and, at its request, to deliver such policies to the Government. (9) To maintain improvements in good repair and make repairs requued by the Government: operate the property in a good and husbandmanlike -t.. d; -.r, c�_ , -- , .- , r , . t.•� «.... Mn.-a—Vot,v,. roui,wa■+,u,aim and trorttc management plans as the Government from time to time ins prescribe; and not to abandon the property, of cause or pennit waste, lessening or impainnent of tl �ep�,tjt� eq"ee# I", ,fart without the written consent of the Government, cut, remove, or lease any timber, gravel o g coal;'o .W*4 except as may be necessary for ordinary domestic purposes. (10) To abm w11t�, =6i etsiii M0ft, 70d regulations affecting the property. (I1) To pll 'd celinburA die'Caveranrent for expenses reasonably necessary of ocidental to the protection of the lien and priority hereof and to the enforcement of or the compliance with the provisiorrsltireof and of the note and any supple - mentaxy agreement (whether before or after default). including but not limited to cosr.* 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 adver- rising, saUing and conveying the property. (11. Except as otherwise provided by the Farmers Horne Administration regulations, neither the property nor arty portion thereof or interest therein shall be leased, assigned, sold, transferred. or encumbered voluntarily or otherwise, without the written consent of the Government. The Government shall have the sole and exclusive rr'��hts as mortgagee hereunder, including but not limited to the power to grant consents, partial releases, subordination$, and satisfaction, attar no insured holder shall have any rights, 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 t4 :ts.es �r.tr whether the cov- enants and agreements contained herein or in any supplementary agreement are being performed. (14 )The Government may (a) extend or-Anfee the maturity of and renew and reschedule the payments on, the debt evidetrat di by the note or any indebtedness to the Governir,ent secured by this instrument, (b) release any party who is liable trainer the note or for the debt from liability to the lGovernment. (c) release portions of the property and subordinate its lien, and (d) waive any other of its tights under this instrtttttent. Anv and all this can and will be done without affecting the lien or the priorityy of this instrument or Borrower's or any other lrarty's liability to the Government for payment of the note or•.debt securarl by this instrument unless the Government says odzerwise in writing. HOWEVER, any rorbearance by the Government - whether once or often -in exercising any right at re ' ttv un &-r thh in" ",!Vent, or oth r•.:.i= Af b;acd br appikab a law, shall not be a waiver of or preclude the exercise of any such right ar re -Me-4. If at any tune it shall appear to the Government that Borrower may be able too brain a loan from a production credit association, a Federal land bank, or other responsible cooperative at private credit source, at reasonable rates and terms for loans for similar purposes and periads of true. Harrower will. upen the C—_. r; rmc, -,t +s reyucst, apply far and accept such loan in sufficient aamo tint to pay the note and any indebtedness securtd hereby and to pay for any stock necessary to be purchased in a eooporrative lending agency in connection with such loan. (16) Default hereunder shall constitute default under any other real estate, car ander any persuttal pruperty sir other, security instrument held or insured by the Government and executed a.r. assunted ba. Ei:rrower, and default under any such other security instrument shall constitute default: hereunder. used 71 Borrower further agrees that the .10au(,i)• secured by this iholun'rant will be in default should any loan proceeds be used ffor a purpose that w' contribute to excessive errsien of highly erodible:la.eul or to the conversion of wetlands to produce an agricultural commodity, as further explained ilt T. MFR Part 1940. Subpart 0, Exhibit M. (14) SHOULD DEFAULT occur in the petfortnangp..m,d*harge of any obligation in this instrument or secured by this in*istnent, or should the parties named as Borrower •j a or be declared an incompetent, or should any one of the parties named As Borrower be discharged in bankwptcy 4i, ,w' an insolvenc or make an assignment fhc.the benefit of creditors. the Gamsrnmenty at its option, with or without max;,� mi,p :, (a) declat i the entire amount unpaa, under the note and any indebtedness to the Government'hereby secured,ttvime'dEatcl� due and payable, (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 evidence and without notice-of hearing. of said application, have a, receiver appointed for the property, with they awal powers of receivers in, like cases, (d) foreclose rl�is instrument as provided herein or by law, and (e) enforce any and all other rights and remedies ltrov- 5fed herein. or by prese:ir tit future law. (19) The proceeds of foreclosure sale 'shill be applied in the folr",ing order t(:b the pa—enc of: (a) costs and expenses incident to enforcing or complying with the provisions hereof (b) any prior liens rcquirc3 by lava or a competent court to be so pikL (e) the debt evidenced by the note and all indebtedness to the Government secured'hrreby, (d) inferior liens of record required by law or a competent court to be so paid. (e) at the ..6overmnent'c option. an-y.-oilier indebtedness of nor- kower owing to or insured by the Government:; and (f) any balance to- Mcrrower. At f„rcclosure•ci- other sale of all or any pan of the pproperty, the Government and its agents may bid and purc4s;&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. IN I 7 is: