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<br />I <br /> <br />....... <br /> <br />83-0060.17 <br /> <br /> <br />together with all rights. interests, ea-t.emenu., hereditaments and <lppurtenances thereWlto helonging, the rents. issues, ;md <br />profits thereof a.nd revenues a.nd income therefrom. all improvements and personal property now or later attached thereto or <br />reasoubly necessary to the use thereof, including, but not limited to. ranges, refrigerators, dothes washers, clothes dryers. <br />or carpeting purchued or ftnanced in whole or in part with loan funds. all water, water rights. and water stock pertaining <br />thereto, and all payment.s at any time owing to Borrower by virtue of any sale, lease. uansfcr. conveyance, or condemnation <br />of any part thereof or interest rherein...ll of which are herein called "the property": <br />TO HAVE AND TO HOLD the property unto the Government and its assigns forever in fee simple. <br />BORROWER for Borrower's self, Borrower's heirs. ex.ecutors, administrators. successors and assigns WARRANTS THE <br />TITLE to the property to the Government ag.ainst aU lawful claims and demands whatsoever except any liens, encumbrances? <br />eatemenu, reservations, or conveyance. specified hereinabove, .nd COVENANTS AND AGREES .. follows: <br />(l) To pay promptly when due any indc-btednes$ to the Government hereby secured and to indemnify and save harm~ <br />less the Government a.p..inst lou under its insurance of payment of the note by re&son of any default by .Borrower. At all <br />times when the note is hdd by an insured holder. Borrower shall continue to m.ake pa)'ments on the note to the Government, <br />.. collection >gent for the holder. <br />(2) To pay to the Government such fees and other charges M may now or herea.fter he required by regulation! of the <br />F.a.rmen Home: Administration <br />(3) If required by the Goverrunent? to mae- additional monthly pa.yments of 1/12 of the estimated annual taxes, <br />aaaeasrmmts, insurance prc-miums;,a.nd other charges upon the mortgaged premises. <br />(4) Whetbcr or not tbe nOte is insured by the Gove:cmnellt. the Government mOlY at any time pay any other amounts <br />required herein to be paid by Borrower and not paid by Borrower when due, ", well .. .ny co.t> .nd expense. for the pre- <br />servation, protection, or enforcement of this lien, as =.d-vances fot the account of Borrower. All such advances shall bear <br />mtetest at tbe rate bome by the note which has the highest: mtere5l nte. <br />(5) AU adnnc;es by the Government.. described in this instrument, with intere.t, .h.1I he immediately due and p.y. <br />.ble by Borrower to tlte Government without demand at the pl..e design.ted in rhe L.te.t note and .hall be secured hereby. <br />No such advance by the GOverlUllcnt shall relieve Borrower from breach of .8orrO"Nel'11 covena.nt to pay. Such advances, <br />with inter.... .hall he repaid from the fust availahle collection. received from Borrower. Otherw;.., .ny p.yment m.de by <br />Borro-wu may be applied on the note- or .any indebtedness to the Government seGured. hereby in any order the Government <br />determines. <br /> <br />L <br /> <br />L <br /> <br />L <br /> <br />~ <br /> <br />~ <br />