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6- 106512 (6) To use the loan evidenced by the note solely for purposes authorized by the Government. {7) To pay when due all cues liens Judgments, encumbrances. and assessments lawfully attaching to or assessed against the property, including all charges and assessmen f` described bowrvehawitd allwtaaites a�indtawesanenn levied u�ptonhu to or reasonably necessary to the use of the real property f said in- debtedness, or the not; or any in hereby secured or against any legal holder hereof or of ore note or o nment without demand receipts evidencing such debtednew under the laws of Nebraska, and promptly deliver to the Gover paymernts (8) To keep the property insured as required by and under insurance policies approved by the Government #nd, at its request, to deliver such policies to the Government. {9) To maintain improvements n good repair and make repairs required by the Government-, per the property in a good and husbaadmanlike manner comply with such farm conservation practices and farm and home management plans as the Government from time to time may prescribe; and not to abandon the property, or cause or permit waste, lessening or impairment of the security covered hereby, or, without the written consent of the Government, cut, remove, a lease arrY ttrtber, gavel. oil, gas, coal, or other minerals except as may be necessary for ordinary domestic purposes. (lOj To comply with all laws, ordinances, and regulations affecting the property. (S I) pay or reimburse the Government for expenses reasonably necessary or incidental to the protection nythe p n and pity t'�of and tro the enforcement of or the compliance with the provisions hereof and of the note and an wvey mend � renint+� etfier f� aAa ter dr fault). t instruments. mays �feeess, trustees' fees, court costs, costs, and expenses of advrrf the propee , g rising, selling and conveying the property. (S2} Neither the property nor any portion [hereof 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 or andinai exclusive rights satisfaction, action nand no insured holder including have lanyrerights t tle or interest inter st in or to the lien or y benefits hereof. (13} At all reasonable times the Government and its agents may inspect the property to ascertain whether the cov- enanrs and agreements contained herein or in any supplementary agreement are being performed. (an The Government may (a) extend or defer the maturity of, and renew and reschedule the payments on, the debt evidenced by the note or any indebtedness to the Government secured by char instrument, (b) release any party who is liable under the note or for the debt from liability to the Government, (c) release portions of the pro rty an d wbordnace its lien, and (d) waive any other of its rights under this instrument. Any and all this can and will be done without affecting the lien °r the priority of this instrument or Borrower s or any other party's liability to the Government for payment of the note or debt secured by this instrument unless the Government says otherwise in writing. HOWEVER, any forbearance by the Government - whether once or often -in exercising any right or remedy under this instrument, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy. {15) If at any time it shall appear to the Government that Borrower may be able to obtain a loan from a production credit association, a Federal land bank, or other responsible cooperative or private credit source, at reasonable rates and terms for loans for similar purposes and periods of time, Burrower will, upon the Government's request, apply for and accept such loan in sufficient amount to pay the note and any indebtedness secured hereby and to pay for any stock necessary to be purchased in a cooperative landing agency in connection with such loan. (16) Default hereunder shall constitute default under any other real estate, or under any personal property or other, security instrument held or insured by the Government and executed or assumed by Borrower, and default under any such other security instrument shall constitute default hereunder. (17) SHOULD DEFAULT occur in the performance or discharge of any obligation in this instrument or soured by this instrument, or should the parties named as Borrower die or be declared an incorn tent, or should any one of the parties named as Borrower be declared a bankrupt, or an insolvent or make an assignment for the benefit of creditors, the Govern- ment, at its option, with or without notice, may: (a) declare the entire amount unpaid under the note and any indebtedness to the Government hereby secured immedutely due and payable, (b) for the account of Borrower incur a,� pay reasonable sun by it and expenses for repair or maintenance of and take possession of. Operate or rent the property, (c) p pp � receiver production of this instrument, without other evidence and without notice d foreclose thisrinstrument as provided hern appointed for the property. with the usual powers of receivers in (lice rases, (d) or by law, and (e) enforce any and all other rights and remedies provided herein or by present of future law. (18} The proceeds o[ foreclosure sale shall be applied in the following order to the payment of: (a) costs and expenses incident to enforcing or complying with the provisions hereof, (b) any prior liens required by law or a cons inferior iens of so paid, (c) the debt evidenced by the tote and all indebtedness to the Government secured hereby, (d) record required by law or a competent court to be so paid, (e) at the Government's option, any other indebtedness of Bor- rower owing to or insured by the Government, and (f) any balance to Borrower. At foreclosure or other sale of all or any part of the propetty. the Government and its agents may bid and purchase 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. (19) Borrower agrees that the Government will not be bound by any present or future State law, (a) providing for valuation, a taisal, homestead or exemption of the pro perty, (b) prohibiting maintenance of an action for a deficiency judgment or limiting the amount thereof or the time within which such action must be brought, (c) prescribing any other statute of limitations, (d) allowing any right of redemption or possession following any foreclosure salt, or (e) limiting the of conditions which the Government may by regulation impose, including the interest rate a may charge, asuah Sate n approving a transfer of the property to a new Borrower. Borrower expressly waives the benefit of any On U J