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<br />104330
<br />(6.) To use the loan evidenced by the note solely for purposes authorized by the Government.
<br />(7) To pay when due all taxes, liens, judgments, eacumbraikccs, and assessments lawfully• attaching to or aswasod,
<br />• grind the property, including all charges and assessments in connection with water, water riAtL and water stock pertaining.
<br />to or reasonably necessary to the use of the real property described above, and all taxes and a_;�oasrnentn levied upon thixi`
<br />mortgage indebtedness
<br />or the note or any hereby secured or against any legal holder hereof-or of the note or of mid ii i•
<br />under thelaws of NebraAs, and promptly deliver to the Government without dem q4xfteipts evideacing.suc'
<br />payments.
<br />(8) To keep the property insured as required by and under insurance policies approved * Governuricar and.'at
<br />its request, to deliver such p6licift to the Government.
<br />(9) To maIntain,improvenithts in good repair and make repairs required by the Government.-. operate the prolirmv.
<br />in a .pod and hu3bandinatilike inamer; comply with such farm conservation practices and faun and home management plans
<br />as Government from time t - t, may prescribe; itA hot to abandon the property, or cause or permit waste, fawning or..
<br />impartment
<br />of the security covered hereby, or, witluitit the written aconstnr of the Government, cut, remove, or faim-AnIt.
<br />timber, gravel oil, ps. coal, or other minerals except as may be neceuikimyfor domestic
<br />ordinary purposes.
<br />(10) To comply with all laws, ordinances and regulations affening the property.
<br />(11) To pay or reimburse the Government for expenses reasonably necessary or inci&lrtal to the protection of the lien
<br />and priowity hereof and to the enforcement of or the ciiiiipliance with the provisions hereof and of the now So djmy qupple_
<br />mentary agreement (whether before or after default), iiieliaing but not limited to costs of evidence of title to "d' f
<br />of
<br />the
<br />the property, costs of recording instruments, fees,
<br />thin and other attarnifs11 trustees' fees, court co" and exis....
<br />rising, selling and conveying the property.
<br />(12) Except as otherwise provided by the Farmers Home Administration 11004do4k nVither t.6 Prapero, Cari4i
<br />thereof or interest thcW=shall be leased,
<br />portion assigned, sold, transferred, or encumbered valuntwily or odurrwile.-without
<br />the written consent of the Gf,,vemilicnt. The Government shall hav-_ the sole and exclusive * Into as tuartawft, httritanAer.
<br />but limited 'ands in't
<br />ITICludin not flit flower t9 grant consents, partial-titV46s, subordinations, anTsatisfaction. ins�
<br />holder Nall
<br />have any rights, title or interest in or to the lien or any baTeEts hereo•
<br />(13) At all reasonable times the- Co•vernment and its agents ir=-y inspect the property to ascertain,whether the 'tivv '
<br />ctw;t.3 and agreements contained herein or in any supplementary agreement are being perforated.
<br />(14) The Government may (a� extend or defer the maturity of and renew and reschedule the payment%; on, theJebt
<br />evidenced by the note or any indcbtednris;tq Government by
<br />the sectweii this instruments, b) release any at W is
<br />liable under the note or for the debt from 1I.Aflity to the Goveirnmesm '.'C) release portions of the property and
<br />its lien, and (d) waive ant other of its rigki under this instrument. Any be
<br />_,r. and all this can and will done withoutafft"
<br />the lien or the priority of this instrument or Borrower's or any other party's liability to the Government for payment of the
<br />note or debt secured by this instrument unless the Government says otherwise in writing, HOWEVER, any forbearance by
<br />the Government—whether once or often—in exercising any right or remedy under this instrument, or otherwise afforded by.
<br />applicable law, shall not be a waiver of or preclude the exercise of any 9utis right or remedy.
<br />(15) If at any time it shall appear to the Government that Bwnmcr may be able to obtain a loan from a produclim;
<br />credit association, a Federal land bank, ar other responsible cooperative or credit
<br />private source, at reasonable rates and terms
<br />for loans for similar purpows and periods of time. Borrower will, upon the Govetrunent's request, apply for .04 accept such
<br />loan in sufficient ansount to pay the note and any indebtedness secured hereby and to pay for any scq*- nixessary to be
<br />purchased in a cooperative lending agency in connection with such loan.
<br />(16) Default: hereunder shall constitute default under any other real estate, of tinder any personal property or other.
<br />security instrumacx. held (it insured by the Government Anti executed -,)r assumed by Borrower, and defa.g.ttuncler any such
<br />other security instrument shall constitute default hereunder.
<br />(17J Borrower further agrees that the loan(s) secured by this instrument will be in default shouU ova loan proceeds
<br />be used or a purpose that will contribute to excessive erosion of hiKhty erodible land of to the conversit-n - of wetlands
<br />to
<br />produce an agricultural commodity. as further explained in 7 CFR Part 2940, Subpart G, Exhibit M.
<br />(18) SMUD DEFAULT occur in the nerfaymmance or disch—mo, of any obligation In this instrument or 6ccurcd by
<br />this tstfument ov- tkould the parties nain(Al as Borrower die or be or
<br />an incompetent should any sues of the parties
<br />named as Borf ow.wc 1i`e in bankruptcy or declared an insolvent or mako an'. as*nment for the betty it of creditors.
<br />Government;
<br />tke with or without notice, inay= (a) declare the entire untount unpaid under the note and any
<br />indebtedness to iker hereby secured immediately due 4xid parble, M for the account of Borrower incur and pay
<br />reasonable exptiwii f,,t tqair or maintanuicc of and take posse"Vi'AF () operate or rent the
<br />I property, (c) u on application
<br />by it and prods :-:awn of this instrument, #yij-hout other evidence and without notice of hearing of said application. have a
<br />receive? appointed for the property, with the usual pcmtraof receivers: in like cases, (d) foreclose this instruniont asprovided
<br />h,cr0%..0r by law. and (e) enforce any and all other rights wtd remedies herein by future
<br />provided or present or law.
<br />(19 e proceeds of foreclosure sale shall lie applied in the following order to the payment of. (a) costs and expenses
<br />incident to Tice
<br />c or complying with the provisions hereof (b) any prior hem required by law be
<br />or a competent court to
<br />to paid, (c) the rikdl r. evidenced by the note and all indebtedness to the Government secured hereby, (d) inferior lien$ of
<br />record required fvy Ltw or a competent court to be se paid. (e) at die Government,
<br />tower owing insured by the Government. and (f) any balance to Borrower o;,P twn, any other indebtedness of Bor.
<br />- or other sale- of all or any
<br />part cif the prcj,-t-tx�. the Govcmvicitt and its agents way bid and purchase as a stranger and tnay pay the Gamtment's share
<br />of the. putchasi. 1,,,!ice by crediting such ausount on any debts.of Borrower owing to or insured by the Griowmment. in the
<br />order ptescribc'6 ve.
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