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_. _ _ __ __ _ __ -T ____ _ <br /> �. __ <br /> � _ ___ <br /> � � <br /> I <br /> �`��"'1U680� - <br /> � � <br /> (9) Ta maint�in improvemcnts in goad�epair and make�epaira cequired by the Govcrnment;operatc the property <br /> in a good and husbandmanlilce manner;comply with such farm canservat�on practices and fa:tn and home management plans <br /> u ehe Gove�nment from time to time may presc�ibe;and not to abandon thc property,or cauu or permit wa�tc.les�cning ar <br /> impairment af the aecurity covered hereby,or,without the written consent of the Gavernment� cut. remove, or lease any <br /> timber�gravel,oil,ga�,coal,or other mineral�eacept as may be necesaary for ordinary domesdc purposea. <br /> (�0) To comply with all laws,ordinancas,and regulations�ffecting the property. <br /> �Il) To pay or reimbu�se the Government for expensea reasonably necessuy or incidental to the protectton of the lien <br /> �nd priority hereof and to the enforcement of or che compliance with the provisiona hereof and of the note and any supple- <br /> mentuy agreement fwhether befare or after default), includin�bue not limited to costs of evideace of title to and survey of <br /> the properry, costs of recording this and osher inetrument�,attorneys'fee�,ttustees'fees,court cous,and expenses of adver- <br /> tising,selling and conveying the proprcty. <br /> (]2) Except aa otherwlte pra�vided by the Farmers Home Adtnin�siration regulationa, neither the property nor any <br /> pordon thereaf or interest therein shall be leased,assigned,sold, t�anqferred, �r encumbered voluntarily or otherwise�without <br /> the written cansent of t6e Governmeat. The Govornment shaB�ha�.: the s�.• and e c14-iveng ts as mortgagee hereunder, <br /> including but nat limited to the power to grant consents, putial releases, eubordinations, and satisfactian, and no insured <br /> holder shaU have any ri{thts,title or i�tcreet in or to the lien or any benef ts 3�ereof. <br /> (13) At all reuonable times the Government and its agents may inspect tha prop erty to ucertain whether the cov- <br /> enants and agrecments contained hecein or in any supplementuy agreement ate being performed. <br /> (l4) The Gavernment �nay �al ad'ust the intcrest rate, payment, tcrms or balance due on the loan, (b) increaee the <br /> mortgage by an amount equal to deferre�interest on the autstanding principal balance,(c)eatend or defer thc maturity of, <br /> and renew and reschedule the payments on, the debt evidenced by the note or any indebtedness to the Government secured <br /> by this instrument, (d) release any p�tty who is li�ble undcr the note or for the debt from liability to the Go�ernment. <br /> (e)retease po�tions of the property and subordinate its lien,and(f)waive any other of its rights undec this in�trument.Any <br /> and all this can and wip be done without affecting the lien or the priority of thi�instrument or Honower'� or any other <br /> party's liability to the Government for payment of the note or debt secured by this instrument unlesa the Government says <br /> otherwise in writing. HOWEVER, any forbearance by the Government-whether once or ofte�-in exercising any right or <br /> remedy under this insLrument,ar atherwise atforded by applicable law,sha1)not be a waiver of or precl�sde the exercise of <br /> any such right or remcdy. <br /> (lSj If at any rimc ic ahaU appcar to thc Gavcrnment that Borrower may be able to obtain a loan from a production <br /> credit associsuon,a Federal land bank,or other responsible cooperative or prlvate credit source,at reasonable rates and terms <br /> for loans for similu purposes and periods of time, Borrower will,upon the Government's reque�t,apply for and accept such <br />. �^"_.1! 2^ ny�i�II� �RlL`i��� et� a� !�? P.^!L a,P�g!!j jAa��so�,n��gk�_�.���1�tfY�?�:SlL� LST�^.°.� fA!8L`r �L^ �' .^.L�� �'S f`^_ � ..:. <br /> purchased in a cooperative ien�mg agency in connection with such loan. <br /> (l6) Default hereunder�hall conatitutc default undcr any other rcal estate, or under any persona)property or other, <br />' sccurity instrument held ur insured by the Government and executed or assumed by Boaower,and default under any such . . <br /> other security instrument sh�ll constitute defauDt hereunder. <br /> (l7) Borrower further agrces that the loan(s)seeured by this instrumcnt will be in default should any loan prceeeds _ <br /> be used for a purp osc that will contributc to czccssivc crosion of highlq crodible land or to the conversion of wet�ands to <br /> pr�duce an agricultural commodity,�s further explained in 7 CFR Patt 1940,Subpart G,Exhibic M. <br /> (18) SHOULD DEFAULT occur in the performance or discharge of any obligadon in this instrument or secured by �j <br /> this instrument, or should the puties named as Bonower die or be dec[ared an incompetent,or should any one of the puties <br /> n�med as Borrower be discharged in bankruptcy or declared an insolvent or make an assignment for the ber.eft of creditors, s <br /> thc Covernment, ai its option, with or without notice, may: (a)declue the entire amount unpaid under the note and any <br /> indebtedness to the Govetnment hereby secured immediately due and payable, (b)far the account oft Sonower incur and pay i <br /> reasonable expensea for repair or maaateuance of and take posses�ion of.operate or rent the property,(c)upon application , <br /> by ic and production of this insuument�without other evidence�nd without notiee of htuing of said apphcation, h�ve a � : <br /> receiver appoiated for the property, with the usual powers of receivers in like cases,(d)foreclose this inst�ament u pravided ' �? <br /> hercin or by law,and(c)enforce any and all other rights and remedies provided herein or by present or future law. ''-`•r'• <br /> (19) T9�e proceeds of foreclosure sale shal)be applied in the following order to the p�yment of: (a)costs and expenses .;� <br /> ineident to enforcing or complying with tfie provisions hereof, (b)any priar lien�required by law or a competent court to be ..�. <br /> so paid, (c.) the debt evidenced by the note and all indebtedness to the Government secured hcrcby, (d) inferior liens of . <br /> record rec�uired by law or a compeeent court to be so p�id. (e) at the Government's option,any other indebtedness of Bor- <br /> rower owu�g to or insured by the Government,and (f) any balance ta Borrower. At foreclosure or other sale of all or�ny <br /> part af the Qroperty, the Government and its agents may bid and purchase as a strangcr a.nd may pay the Government's shue <br /> of che purchase price by crediting such amount on any debts of Bonower owing to or insured by the Government, in the <br /> order ptescribed above. <br /> (20) Bonowcr agrecs that the Government will nat be hound by any preseat or ��ture State larv. (a) providing for <br /> ' �sluation, aggraisa3, hamrsteac3 or eserry ption of the property. (bj pruhibiting maintenance af an action for a deRcieney <br /> judgment or limiring the amount thereof or the time within which auch aedon must be brought, (c) prescribing any other <br /> statute of limitations, (d) allowing any righc of redemption or possession following any foreclosure sale, or (e) limiting the <br /> conditions which the Government may by regulation impose, �ntluding the interest rate it may ch�rge, as a condition of <br /> approviag a transfer o6 the property tu a nrw Borrawer. Borrower expressly waives the benefit of�ny such State laws. <br /> 'M <br /> L_ � l_ _J �� <br />. ,ti� <br />: � ���. <br /> L_ _�f <br />