Laserfiche WebLink
~... <br />. ___. <br />~. <br />83--t~U09~-4 <br />SUBJECT TO A LAND CONTRACT in favor of Lue Al1an,Sr, affecting only the East Half <br />of the South Half of the Northwest Quarter (E'~S~NW'~} of Section Twenty.-Four (24) <br />in Township-Eleven (21) North, Range Twelve (12), West of the 6th P.M. <br />~. <br />togech« with all rights, ins«ests, easements, hercditaments and appurtenances thereunto belonging, the rents, issues, and <br />profits thereof and rerenues and income therefrom, all improvements and personal property now or later attached thereto or <br />reasonably necessary to the use thereof including, but not limited to, ranges, refrigerators, clothes washers, clothes drys, <br />ar carpeting purchased or financed in whole or in pazt with loan funds, all wet«, water rights, and wat« stock pertaining <br />th«eto, and aIl pa meats at any time owing to Borrower by virtue of any sale, lease, transf«, conveyance, or condemnation <br />of any put thereof or interest th«ein-all of which are h«ein called "the prop«ty"; <br />TO HAVE AND TO HOLD the pmp«ty unto the Government and its assigns forever in Fee simple, <br />BORROWER for Borrower's self, Borrow«'s heirs, executors, administrators, successors and assigns WARRANTS THE <br />TITLE to the property to the Gov«nmentag ainst all lawful claims and demands whatwerer except an liens, encumbrances, <br />easettteats, reservations, or conveyances specified hereinabove, and COVENANTS AND AGREES as follows: <br />{I) To pay promptly when due any indebtedness to the Gov«nment hereby secured and to indemnify and save hum- <br />less the Government against loss under its insurance of payment of the note by reason of any default by BarrOW«. Ae all <br />times when the note is held by an insured hold«, Borrow« shall continue to make payments on the note to the Government, <br />u rn(lection agent for the holder. <br />(2) To pap to the Government such fees and oth« charges as may now or h«eafter be required by regulations of the <br />Fum«s Home Administration <br />(3) tf required by the Gov«nnrent, to make additional monthly payments of 1(12 of the estimated annual taxes, <br />assessments, insurance premiums and oth« charges upon the mortgaged premises. <br />(4) Whethu ar not the note is insured by the Gorernmrnt, the Government may at any time pay any other amounts <br />required h«ein to be paid by Borrow« and not paid by Borrow« when due, as well as any costs and expenses for the pre- <br />servation, proracdon, or enforcement of this lion, as advances for the account o[ Borrow«, All such advances shall beaz <br />ins«eu at the rate borne by the note which has the highest int«est rate. <br />(5) All advances by the Gov«nmmt as described in this instmment, with int«est, shall be immediately due and pay- <br />able by Borrow« to the Gov«nment without demand st the pace designated in the latest note and shall be secured hereby. <br />No such advance byp the Government shall relieve Borrow« from breach of Borro,ver's covenant to pay. Such advances, <br />with ins«est, shall be repaid from the first available collections received from Borrower. Otherwise, any payment made by <br />Borrow« may be applied on the note or any indebtedness to the Government secured h«eby in any ord« the Government <br />det«miaes. , <br /> <br />i. <br />