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~~°~'OUOg44 (6} To use the loan evidenced by the note solely for purposes authorized by the Government. (7) To pay when due all taxes, liens, judgments, encumbrances, and assessments lawfully attaching to or assessed against the property, including all charges and assessments in connection with water, water rights, and water stock pertaining Yo or reasonably necessary to the use of the real property described above, and all taxes and assessments levied upon this .mortgage or the note or .any indebtedness hereby secured or against any legal holder hereof or of the note or of said in- debtednoss under the laws of Nebraska, and promptly deliver to the Government without demand receipts evidencing such paymetit3: (8)` To keep the proputy insured as required by and under insurance policies approved by the Government and, at its request, to deliver such policies to the Government. (9) To maintain improvements in good repair and make repairs required by the Government; opuaie the proputy - 1-• w~' ~^h fa.^tt a *' •=rri~P~ end farm and home management ohms in a good and husoandmaniue .. ar.r,~.; co...p y ..h s:. cons..wa_ ~~ p__------ _-- -- as the Government from -time to time may prescribe; and not to abandon the proputy, or cause or pumit waste, lessening or hnpairmeni of the security covued hereby, or, without the written consent of the Government, cut, remove, or lease any timber, gravel, oil, gas, coal, or other minerals except as may be necessazy for ordinary domesric purposes. (10) To comply with all laws, ordinances, and regulations affecting the proputy. (11} To pay or reimburse the Govunment for expenses reasonably necessazy or inddental to the protection of the lien and priority hereof and to the enforcement of or the compliance with the provisions hereof and of the note and any supple- mentary agreement (whether before or after default), including but not limited to costs of evidence of title to and survey of the proputy,-costs of recording this and other insauments, attorneys' fees, trustees' fees, court costs, and expenses of advu- tising, selling and conveying the property. (12} Neither the property nor any portion thereof or interest therein shall be leased, assigned, sold, transferred, or encumbered'voluncar$y or otherwise, without the written consent of the Government. The Government shall have the sole and exclusive rights as mortgagee hereunder, including but not limited to the powu to grant consents, paztial releases, sub- ordinations, and satisfaction, and no insured holder shall have any rights, title or interest in or to the lien or any benefits hueof. (13) At all reasonable times the Government and its agents may inspect the property to ascertain whether the cov- enants and agreements contained herein or in any supplementary agreement are being performed. (14) The Government may (a} extend or defer the maturity oE, and renew and reschedule the payments on, the debt evidencedd by the note or any indebtedness to the Government secured by this instrument, (b) release any party who is liable under the note or for the debt Erom liability to the Government, (c) release portions of the proputy and subordinate its lien, and (d) waive any other of its rights under this insaument, Any and all this can and will be done without affecting the lien or the priorityp 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 forbeazance by the Government-whether once or often-in exercising any right or remedy undo 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) IE at any time it shall appeaz to the Government that Borrower may be able to obtain a loan from a production credit association, a Federal land bank, or ocher responsible cooperative or private credit source, at reasonable rates and terms for loans for simile purposes and periods of time, Borrower will, upon the Government's request, apply for and azcept such loan in sufficient amount to pay the note and any indebtedness secured hereby and co pay for any stock necessazy to be purchased in a cooperative lending agency in connection with such loan. (16) Defauk hereunder shall constitute default under any other real estate, or undo any personal property or othu, security instrument held or insured by the Government and osecured or assumed by Borrowu, and default undo any such othu security instrument shall constitute default hereunder. (17) SHOULD DEFAULT occur in the performance or dischuge of any obligation in chic instrument or secured by this instrument, or should the parties named as Borrower die or be declazed an incompetent, or should any one of the parries named as Borrower be declared a bankrupt, or an insolvent or make an assignment for the benefit of creditors, the Govun- ment, at its option, with or without notice, may: (a} declue the entire amount unpaid under the note and any indebtedness to the Government hereby secured immediately due and payable, S 6) for [he account of Borrower incur and pay reasonable expenses for repair or maintenance of and take possession ot, operate or rent the property, {c) upon application by it and produetion of this instrument, without other evidence and without notice of hewing of said application, hale a receiver appointed for the property, with the usual powers of receivers in like cases, {d) foreclose this instrument as provided herein or by law, and (e) enforce any and all other rights and remedies provided herein or 6y present or future law, {18) The proceeds of foreclosure sale shall be applied in the foUowutg order to the paymene of: (a) costs and expenses incident to enforcing or complying with ehe provisions hereof, (b} any prior liens requited by law or a tomppetent court to be so paid, (e) the debt evidenced by the note and al! indebtedness to the Government secured hereby, (d} inferior liens of 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 ar insured by the Government, and {(~ any balance to Borrower, At foreclosure or other sale of all or any part of the proputy, the Govermment and its agents may bid and purchase as a stranger and may pap the Government's shaze of the purchase price by crediting such amount on any debts of Borrower awhtg to or insured by the Government, in the order prescribed above. (19) Borrower agrees that the Govenunent will not be bound b}' any present or future State law, {a) providing Eor valuation, apprai al, homestead or exemption of the property, {b) prohibiting maintenance of an action for a deficiency judgment or limiting the amount thereof or rho time within which such action must be brought, (c) rescribing any other statute of limitations, (d) aQowing any right of redemption or possession following any Foreclosure sale, or {el limiting the conduions which the Government may by regulation impose, including the interest rate it may charge, as a condition of approving a transfer of the property to a new Borrowu. Borrower expressly waives the benefit of any such State laws.