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F <br />Lim <br />89- 0104217 <br />motors, plumbing fixtures, cabinets, refrigerators, <br />incinerators, all components thereof, sound and music <br />distribution systems, fire prevention and extinguishing <br />apparatus, water heating and conditioning equipment, carpets, <br />irrigation and drainage equipment, stock tanks, windmills, <br />grain storage facilities, pumps, water equipment, pipes and <br />casings, sprinkler systems, fences, and all other fixtures and <br />furnishings and all renewals or replacements thereof to the <br />extent deemed by law to be fixtures and made a part of the <br />realty; and <br />TO HAVE AND TO HOLD the same unto Mortgagee, its successors <br />and assigns, forever, for the uses and purposes herein provided. <br />MOREOVER, MORTGAGOR HEREBY COVENAMTS AND AGREES with <br />Mortgagee, its successors and assigns: <br />1. That Mortgagor is law -fully seized of the premises in <br />fee simple, has good right and lawful authority to mortgage and <br />convey the same, and will 'warrant and defend the title thereto; <br />and that the lien created by this instrument is a first lien on <br />the premises. -..tortgagor shall keep the premises free from all <br />other liens amt., security interests of every kind and will <br />protect the title and. ,possession of the premises so that the <br />lien of this lec eis gage shall be a first lien thereon until all <br />amounts hereby 'sticured shall be paid in full, or if forecicisure <br />sale be had hereunder, that . tts<e purchaser at said sale ash,41l <br />acquire good fee simple to said premises clear of any further <br />encumbrance. <br />2. To pay forthwith all: taxes, assessments and public <br />charges, general and special, now existing against the premises <br />and improvements, and the indebtedness hereby secured, and to <br />pay before they become delinquent all taxes, assessments and <br />public -charges, general: aid special, hereafter levied or <br />assessed . thereon. <br />3. To keep the improvettten' is and fiztures now locat4d or <br />hereafter erected or placed on the premises constantly i,nssrived <br />im licensed companies until all sums hereby securer. 'ar6 fully <br />pat-d, against loss by fire, and- exto= ycd coverage insurance for <br />the full amount of the insurable va :rte of the premises, but not <br />less than the amount: of this Mortgage plus arty superior <br />mortgage and encumbrandes, and to keep all policies of <br />insurance constantly assigned, pledged, and delivered: to <br />Mortgagee and the amounts of all such insurance made available <br />to Mortgagee, it successors, or assigns, to further secure the <br />sums hereinbefore described. In the event of loss, Mortgagor <br />will have immediate notice by mail to Mortgagee, who is hereby <br />authorized and empowered to crake proof of lass if same not. be <br />-2- <br />J <br />