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202401506
<br />TO HAVE AND TO HOLD the property unto Trustee, Trustee's successors, grantees and assigns forever and
<br />in fee simple;
<br />IN TRUST, NEVERTHELESS, to secure (a) the prompt payment of the note and any renewals and
<br />extensions thereof; (b) the prompt payment of all advances and expenditures made by the Government, with interest,
<br />as hereinafter described; and (c) the performance of every covenant and agreement of Borrower contained herein, in
<br />the note, or in any supplementary agreement.
<br />BORROWER for Borrower's self, Borrower's heirs, executors, administrators, successors and assigns
<br />WARRANTS the title to the property to the Government against all lawful claims and demands whatsoever except
<br />any liens, encumbrances, easements, reservations, or conveyances specified herein above, and COVENANTS AND
<br />AGREES as follows:
<br />(1) To pay promptly when due any indebtedness to the Government hereby secured.
<br />(2) To pay to the Government such fees and other charges as may now or hereafter be required by
<br />Government regulations.
<br />(3) If required by the Government, to make additional monthly payments of 1/12 of the estimated annual
<br />taxes, assessments, insurance premiums and other charges upon the property.
<br />(4) The Government may at any time pay any other amounts required herein to be paid by Borrower and
<br />not paid by Borrower when due, as well as any cost and expenses for the preservation, protection, or enforcement of
<br />this lien, as advances for the account of Borrower. All such advances shall bear interest at the rate borne by the note
<br />which has the highest interest rate.
<br />(5) All advances by the Government as described in this instrument, with interest, shall be immediately
<br />due and payable by Borrower to the Government without demand at the place designated in the latest note and shall
<br />be secured hereby. No such advance by the Government shall relieve Borrower from breach of Borrower's covenant
<br />to pay. Any payment made by Borrower may be applied on the note or any indebtedness to the Government secured
<br />thereby, in any order the Government determines.
<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, encumbrances, and assessments lawfully attaching to or
<br />assessed against the property, including all charges and assessments in connection with water, water rights, and
<br />water stock pertaining to or reasonably necessary to the use of the real property described above, and promptly
<br />deliver to the Government without demand receipts evidencing such payments.
<br />(8) To keep the property insured as required by and under insurance policies approved by the Government
<br />and, at its request, to deliver such policies to the Government.
<br />(9) To maintain improvements in good repair and make repairs required by the Government; operate the
<br />property in a good and husbandlike manner; comply with such farm conservation practices and farm and home
<br />management plans as the Farm Service Agency from time to time may prescribe; and not to abandon the property, or
<br />cause or permit waste, lessening or impairment of the security covered hereby, or, without the written consent of the
<br />Government, cut, remove, or lease any timber, gravel, oil, gas, coal, or other minerals except as may be necessary
<br />for ordinary domestic purposes.
<br />(10) To comply with all laws, ordinances, and regulations affecting the property.
<br />Initial ��, i9 date or, • 26.Z V Page 3 of 6
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