|
<br />.,
<br />
<br /> (6) Zo rear the lout evidenced by the nore solely for purposes authorized by nc~ Government.
<br />m
<br />d
<br />a
<br />g
<br />la
<br /> asseas
<br />{7p To p;,y when due aU rases, 1sens, lodgments, encttmbtanccs, an
<br />pertaining
<br />tock
<br />htsllandwattr s
<br />i[ex
<br />agairuc th.. pro , astchtding all. charges and assessments in conncctian wixh water, rig
<br />bnecestmry to tare use. of the zeal property described above, and all teats and auessmenta lsvied ufpon thin
<br />s
<br /> ra or reasona
<br />g such
<br />rcrmgtly deiver to t~ esGovtrnm~ent wtfiout demand receipts evidettcin
<br />adh
<br />k~
<br />b
<br />f
<br />~ ~
<br /> p
<br />a
<br />ras
<br />Ne
<br />;sg timder the lawss o
<br />debt
<br /> payn:,ents.
<br />i81 To keep the property inurred as requtaed by and under insurance policies approved by the rovernment and,. at
<br /> its request, to deliver ststlt paliciea to tlse Government.
<br />ood repay and make rcpain required. by the Ga~vernmentt operaxe the property
<br />ments in
<br />i
<br />l
<br /> g
<br />n tm~prwe
<br />ena
<br />(g) To mainta
<br />good: and huabandmanltlte matmer; comply with such. Eazm conservation pracrirzs and fum and Name management p
<br />lessening or
<br />ermitwaste
<br />in a
<br />nse or
<br /> ,
<br />;
<br />p
<br />as flee Government from torte to time may prescribe; and net to abandon the property, or te
<br />nt of the security covered hereby, or, without the written consent of the Government, cut, remove, or lease any
<br />i
<br />i
<br /> rme
<br />mpa
<br />:gravel, oil, gas, coal, err ether minerals eacepe as may be neccssazy for orduary domestic purposes.
<br />tisnbet
<br /> ,
<br />~lOj Ta comply wixlr alt laws, ordinances, and regttlarions affecting the poeperty.
<br />or incidental to the protection of the lien
<br />e
<br />ar
<br />bl
<br /> y
<br />y nec
<br />ss
<br />if ~) To pap or reimbtux the Governmeat for eapenxs reasona
<br />mtnz of or the compliaoce with the pror_~ns hereof and of the note. and any supple-
<br />fa
<br />h
<br />. tct
<br />e tn
<br />and priority hereof and to t
<br />mtsr$ary agrtanenr (,~1~„jy{gt,~gr,,tft~fault}, including but not limited to costs of eviatnce.of title to and storey of
<br />court casts, and expenses of adaer-
<br />trustees` fees
<br />s' fees
<br /> ,
<br />,
<br />sod o instruments,. attorney
<br />Prey. ~
<br /> rising, selling ud nwriW6 C ttty.
<br />'up
<br />or<ton thereof or interest therein shall. bt lcaud, assigned, sold, transferrtd; or
<br />-
<br />"
<br />'
<br /> ter. ang-p
<br />(StYdfltrty
<br />ie
<br />(12~ Cvtt a I
<br />encumbered valuntuay or axherwtse, without clre written conseax of the Government. The Govcrnmenx shalt haves the soh:
<br />sub-
<br />aztial rt[easts
<br />'
<br /> ,
<br />united to the power to gent cotestnts, pp
<br />and eaclusve r is as mortgagee hereunder, including but net L
<br />title or interest in or to the lien or any beaefiu
<br />rights
<br />ll hart an
<br />h
<br />d b
<br />ld
<br /> ,
<br />y
<br />er s
<br />a
<br />a
<br />ordinations,. sad satisfaction, :end no insure
<br /> huaof.
<br />{I3) At all reasonable tents the Government and its agenu may inspect the prop~erty xo ascertain whether the cw-
<br />lementary agreement are being performed.
<br />su
<br />n
<br />i
<br />d h
<br />i
<br /> pp
<br />y
<br />n or
<br />n a
<br />ere
<br />enatxts acid agreements containe
<br />extend oe defer the maturity of, and renew and reschedule ehe payments on, the debt
<br /> (14] The t.averamcnt may ;aj
<br />evidenced by the nett err any indebtedness co the Gaverr:ment secured by this instrrtmtnt, (b} release any party who is
<br />c) release portions n£ the proggt~rty and subordinate
<br />to chc Government, f
<br />om liabilit
<br />f
<br />d
<br />b
<br />f
<br />h
<br /> .
<br />y
<br />t
<br />r
<br />t
<br />~~ .,;;~a~ taw note or
<br />ar t
<br />e
<br />ll .h:; a;,a w.lt t,. done without affecting
<br />its lien. and {d} waive any other at` its eights under thu iRSttumenr. nny and . .
<br />so the Government for payment of fire
<br />bilit
<br />li
<br />'
<br />h
<br />'
<br /> y
<br />a
<br />s
<br />er party
<br />s nr any et
<br />the lien or the priority of this instrrerrttnt as Bareowrr
<br />note or delsi .secured by this instrument unless the Govemrnent says otherwise in writing, HOWEVER, any forbearance by
<br />err otherwise afforded by
<br />ument
<br />hi
<br />i
<br />t
<br />d
<br /> ,
<br />r
<br />ns
<br />er x
<br />s
<br />the Government-whether ante or after-in exercising any right or romtdy un
<br />shall nest 6t a waiver of err preclude the exercise of env such right or remedy.
<br />i~ai,le law
<br />a
<br />i
<br />d
<br /> ,
<br />pp
<br />on
<br />uct
<br />(l5} If at any rime it shall esppear to chc Government that Haaower may be abet to obtain a loan from a pro
<br />or other responsible cooperative or private credit sourer, at reasonable rates and terms
<br />Ftderal land bank
<br />a
<br />tion
<br />i
<br />h
<br />di
<br />d
<br /> ,
<br />,
<br />.
<br />a
<br />t assoc
<br />accept suc
<br />cre
<br />far lwtxs for similar purposes and penods of time, Borrower will, upon the Government's request, apply for an
<br />and ra pay for any stock necessazy xo lx
<br />d hereb
<br />d
<br />d
<br />b
<br /> y
<br />nus secure
<br />tt
<br />c
<br />loan in sufftcient amount to pat !:~ :.~•- =nd any in
<br />agency in connection with such loa:r.
<br />ative len to
<br />d i
<br /> g
<br />n a cooper
<br />pnrchast
<br />(16) lltfault hereundc: shall constitute default ands any ether seal estate, err under any personal property or other,
<br />and default under any such
<br />Borrower
<br />ed b
<br />d
<br /> ,
<br />y
<br />or assum
<br />secuurity inatrurnent ]told or insured by the Governmens and txrcutt
<br /> ache sezurizy instrutntnt shall constitute dtfau.ix Irczeundex.
<br />e of any obligation in this instrument or sect:red by
<br />ncc err dischar
<br />`
<br />h
<br /> g
<br />arrna
<br />e pert
<br />{I7J SNOULll pEpAIILT c}ccur in t
<br />err slrauld fire parits narntd as Borrower die err be declared anrncampetent, az should any one of the parties
<br />thisurstrument
<br />Govern-
<br />th
<br />di
<br /> ,
<br />e
<br />tors.
<br />natmrd as .Borrower Ise declutd a bankrupt,. oe an insolvent s>r make an assignment for the benefit of cre
<br />der the note and any indebtedness
<br />id
<br /> un
<br />mcnt, at its apcian, with ear without notice, may: ;,a) declare xht entire amaant unpa
<br />to tht Government l+rstby :etcurtd imrncdiatcly :iue and payable, `,b) for the account of Hurrawer incur and pay reasonable
<br />(c} upon applseation by it and
<br />trty
<br />ett the
<br />ro
<br />f
<br /> -a
<br />p
<br />,
<br />. a tract err n
<br />expenses for repair or tnaistxcnanct of and take possession o
<br />without narut of hearing of said applicaston, have a receiver
<br />idence and
<br />th
<br />h
<br /> .
<br />er ev
<br />out e
<br />pzaductiwt of zhu instrumcnr, wit
<br />txinttd far the Property, witia the usual gave:s of rrccivers in tilte cases ;d} foreclose this insuurnent as provided herein
<br />a
<br />l
<br />f
<br /> pp
<br />aw.
<br />uture
<br />and {tt enforce any and all atltsr rtgitts and rcmed'tes prevideti herein or by present err
<br />or ]sy Iaw
<br /> ,
<br />18) Tix proceeds of fareclosurt sak shall lac appliedra the. follawmg ardtr to the paymenx of: (a) casts sad eapensts
<br />incident to en#or, ire:; ox complyutg with xht peovisans huaof, {b} any prior tiens.required by law err x coc~petenr court to"be
<br />of
<br />li
<br />n
<br />E
<br />io
<br />7
<br /> e
<br />s
<br />) tn
<br />~°:
<br />r
<br />so pain. (c; the d.;bt svidor?ced by flat rtatt and aIS indebtedness to the Grcsvernmtnt secured hereby, :
<br />tj at xhe Govtrasnent's option, any othtrinaltbtedness af:Har~
<br />aid
<br />ourt to bt ~
<br />e
<br />x
<br />l
<br /> ,
<br />p
<br />c
<br />ten
<br />aw err a conap
<br />record rcquaed by
<br />.rower owing to err insured L-ti the i~oveztuatnt, and (f} any balance to 3ortower. At foreclosure err ashtr salt of all or any
<br />Governmtrrr's share
<br />xh
<br />d
<br /> e
<br />may pay
<br />part of :hr e~roperty, flee t ivvcznnncnt and: ita agents may hid and purchase as a stranger an
<br />rice by reediting such amount an any debts cf Borrower aw%aq to as insured by the Government- in the
<br />ur
<br />:~ta.
<br />e
<br />=
<br />c
<br /> ,
<br />.
<br />p
<br />a
<br />n
<br />~ p
<br />:xder Frescribee abort,
<br />br bound 6y any .present or future Stott law, (a) pcovidisrg for
<br />not
<br />ertunent val
<br />t the Go
<br />h
<br /> .
<br />.
<br />v
<br />a
<br />ter) Borrower egrets t
<br />valnarn,n.:tFpraisRl. lttzmextcad a= exemption of the property,. fib} prohibiting mairtttnanct of an action far a deftcienry
<br />;:stigtnent err I'tcvcit~,.the atnottnt. tlrtreaf or the. eiurt witF.in whgh such action. must be brought, tc} ppresert6ingg any atires
<br />err (e) limasing the
<br />foreclosure sale
<br />i
<br />n
<br />f
<br />llo
<br />i
<br /> ,
<br />ng, a
<br />w
<br />y
<br />on
<br />o
<br />statute o± li~rritaitans, '_s; allowing any right of redempt~n or possess
<br />s w4tir tare Gauctnment may by regrslatian impose; vxclrtdiszg the irrttrest raft it may t:harge, as a condition of
<br />diri
<br /> can
<br />an
<br />spptsrsuig a transfer of the property to a new Harrower. Borrower expressly waives the btnent of any sssch 3tace laws.
<br /> ~,
<br />
<br />
<br />
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