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85- ..00407
<br />!Gi To use the loan evidenced by the note soleh for purposes .wthorized by the Government.
<br />') To pay when due all taxes, liens, judgments, encumbrances. and assessments lawfully attaching to or assessed
<br />against the property, including all charges and assessments in connection with water, water rights, and water stock pertaining
<br />to or reasonably necessary to the use of the real property described al ove, and all taxes and assessments levied upon this
<br />mortgage or the note or any indebtedness hereby secured or against any legal holder hereof or of the note or of said in-
<br />debtedness under the laws of Nebraska, and promptly deliver to the Government without demand receipts evidencing such
<br />payments.
<br />!8) To keep the property insured as required by and under insurance policies approved by the Government and, at
<br />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 property
<br />in A Good and husbandnlanlike manner, comply with such sane conservation practices and farm and home management plans
<br />as the Government from time to time may prescribe; and not to abandon the property, or cause or permit waste, lessening or
<br />impairment of the security covered hereby, or, without the written consent of the Government. cut. remove, or lease any
<br />timber, gravel, oil. Gas, coal, pr other minerals except as may be necessary for ordinary domestic purposes
<br />I w To comply with•QNlaws, ordinynces, and regulations affecting the property.
<br />11 To nay nr rein 6vp% })e Government for expenses reasonably necessary tit incidental to the protection of the lien
<br />and priority hetcof aril- to- rhe�ettf'ltiL"1tYPn'iiS� "or the compliance with the provisions hereof and of the note and any supple-
<br />mentary agreen)ent (whether before or after default I. including but not limited to costs of evidence of title to and survey of
<br />the property. costs if recording this and other instruments, a:tornevs' fees, trustees' fees, court costs. and expenses of adver
<br />rising, selling and crulveving the pr,perry.
<br />12 Neither 'i property n „r any portion thereat .)r intcre•sr therein shall be leased, assigned. sold, transferred, or
<br />encumbered voluntarily nr Utht:rw"isc. without the written e'rnsent of the Government The Government shall have the sole
<br />and exciusiv'c rights as mortgagee Hereunder. including but nor hinite;i to the power to grant .onsents. partial releases, sub -
<br />ordinarlons, and satisfariotl. and no iiis.lrrd holder ,hall have any rights, title or interest in •.,r Ill the lien ur any benefits
<br />hereof.
<br />13, At 411 reaxxtable tints the Gt,vrrnrnenl and it; agents i!wa inspect tile nr.j,crty ti ascertain whether the cov-
<br />enants anal Agreements ':"!!tallied itch "in r,r Ill III%, sl:p ple'llle tlla r \- alere ment are t`CIng t,t'rfOrmcd.
<br />14 ' The Govetnincia tliay v \z,rid •. -,r :liter tilt' !natUrttl' :)t, arld :enety and reseha•du'1e the payments on, the debt
<br />evidenced b \' the not,” - Anv ind'I"'drlt-5s to tilt' :r,)l'Cr lllne lit Se, v,ej by this Instrument, 1, release any party who is
<br />liable under the note nr tan the .lcht tram Labihn' TO the l:.rscrnul'.nt. relcasr porrions of the property and subordinate
<br />its lien, and 4i! waive Any other of i S rpbtl i:n,icr this instnlrnent A!;•: anti all ;his ear amt will be done without affecting
<br />the lien or the priority If this msvur,ler.; •.r Bf,ln,wcr', an\ .rti:er part'."ilabihty" ;o the (: ,ermllent fair payment of the
<br />note or debt secured by this Instrument unless the Government says otherwise In writing. HOWEVER. anv torbearance by
<br />the Government -- whether once i:r Olten -in exer !sine .fny right or !cnivdy i!ntiet this instrument, or otilerwise afforded by
<br />applicable law, shall not be a waiver of ,n preclude the exercise r)f any such right or remedy.
<br />'15) If at any time it shall ..Pp—l' ter the (-Iovenunent that RoriOwer mac Ix Jbit' i) obtain a !,)all from a production
<br />credit ass„clation. 3 Federal lall,i 1r,11tR, .rr <,thc'r rl pOmible e Oi,CratlVe : -t pr ^'ate cre'dlt Y,U ICC, ,t reast,rtat:le rates and terms
<br />for loans for snndai pulp--, and period, It [line. 11 —ri—er 'Kell!, upim the Govenunent :. reUUCSt- apply for and accept such
<br />ll)dll in Snlfielent ,111-olt :(I lido: tilt' tl "tt' a:ld .r ll \' lll<ie•bte•d:leii secura i ll Cfee,ti and - ;,ay li)r ant' stock ne'ccs5ar\' to be
<br />puti.h,w'd In a etr,lper,,rivc lelld;tlg agCni\' !Ir ,cell rice tl(!'1 K'Itl \Uc It It!Ar.
<br />1I, I)e la u it ,I,,c' :I ll.iet .had C' n It It Ule tic 1.1 iii[ !!Mlle, ally lit her reel !'Start'. 'ir !l rid ei any net Iinal property or other,
<br />X•l Urlt%' :n St rll rile tit kC Iii : , it I Stl led 1,t 11,!' (.: r eve t l l filet: .,!id t'\,ctl[ed •ir —m —d h1' li•.rc t+)K'('t. a:ld cie•faUlt '. lyder any SUih
<br />,.,they s Ullt'l Ill StnlnlCnt s6..11 ."n +t ll:a: Jrraul% i,rrcundcr .
<br />i" SH 11-1) MA AI I . iii ui tilt m tens :nstnunc•n[ nr "Cured b% .
<br />ail:, invr-new "r sH:: -t' ua, •r.,i'.ed ,s R,rrrr „yrr .fu , rr lui,i .i., •: , nl'eter t ,. :ilo,il,: ant ,roc „i the parties
<br />Ildllled .f5 Rirtrt)'wc'I ha' ()t', :ata':i .I .r,i rl k: ti fr[, nit :11: f !"fit" TS, S, the G')—til
<br />rile lit. Ar Its :'ptl(lrl. ,!t I, •.,I lvlt h<,111 r11, . Illay' a .:eclat'. :. c1: t!!i .r.li<'tn;t r: 11JIAl•i Illl:it'r tilde IlOte and ai)% Indebtedness
<br />ti) till' (rl,yl'tI1lller[ her'.bl .eCri!a'iI nrouc„IAtely litre ..)Id i +a..ttria'. Ir •!rt r!it' a,c"(lrlt It RI.,r!rrw'e'r Iri tit ind pAy rCa)()ridblC
<br />evpenw, till Iepair .rr niauvc na n+'. )1 and take p.rsc .i,,:i .,t .,per.,,a rl !enl tLr property, apo .i pplieation by it and
<br />p:'.du.!Ion lit chi, wstr.:inenr, wuin't,t .,rhos avuien,c .old .yrti: "ct nr,n,c .,t hrarul4 •.;f „rid appl —two, have A receiver
<br />appointed ir+r :!I;' pnrp-tl,, welt, tha '.r- :al ; ;•wcr5 ell t, ... ..1 ilk t' „f S.'S I i• li i l—, till, In,trU:nent IS pr()vldCti ilv,c rl
<br />or Cy law. anti a eniort e' all\ Gild •ill Om-r tlghtl ill'i rc•Illed!t', i'll >';Lied hITVil! err b%' I +rc Se ill 'it llllllrC JAW-
<br />IS 'File pro, red; :,I tone.! +isure sale shall be appiied ;r, IHC f:rlhlw'ing tinier to tilt p,vment'it: a; costs and expenw,
<br />inei den, ti, enG,r, uqz ')t , '- plying '.. -rib .1i, - i i -:, I , d,rr c,rt F n 1 n" -r Inns ley n;e,l 1'1, law' I ( nr '.Lent court t” lx
<br />so Laid. ` tale .1cbt avldca, ed I,, tin : tie ",.,i .ill ,ndeblcdnia t ,. u( ( strn•nent Sa.rlrrd iu'nly i�: inferior liens of
<br />record required, b\ law Air a cnndpetent ,our% to lie so paid• c, at ;ill, 1: Ncr;lmcnt'S r.pn„r., any ruher indebtedness of Rut .
<br />rower owing to it insured by the GoI, crlltnent, Arid f any haian,c tO Ri,rm\%cr. At tnrC, OSUIC „r other sale •:,f all or any
<br />part of the property, the Gr)verrinictit and its agents may bi,i .old piirhase aS .1 stranger and !pAy p.ly the Goverrunem's share'
<br />of cite purchase price b% ,rediti!m such amount on any del,ts of Rorrow' T ')svu:g tit of Insured by the Govvnuncnt. in the
<br />order prescribed above.
<br />119) Borrower ipecs that the (roverrunent will Il,it tic' bound by alt% present or lut'arC State law', 4; providing t,rr
<br />valuation, appraisal, homestead or Cxelnlition of (he- property', !b,, pr(,hiblling in Airlte'nalice' Of an action f(lr A liCtlClCllel'
<br />judgment or limiting the ainowIt thereat or the tirne within which such .knoll :Wrist be brought. C) vs, titling ally ,!tiler
<br />statute' Of lutlitattons, (d) allowing, any right of redemption 1,r possession following ally foreclosutC sd�C. Or C'' limiting the
<br />conditions which the Governrucnt may by rei;ulAtion impose, including the interest rate it may charge, as A condinan of
<br />approving A transfer of the property to a new borrower Borrower expressly waives tile benefit of any such StAlc law's
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