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_ ~ _ ._ <br />SiP3JECT TO 9 Lf1D'D COf1TRACT in favor of Lue J. Allan, affecting, only the East Half <br />of the South Half of the Plorthtset Quazter (Ti'~S'~NW'~)-of Section Twenty-Four (2G), <br />in Township Eleven (11) North, Range Twelve f12), ~.~ies[ of the 6th p.M. <br />1 <br />t-- <br />N <br />together wi[h all tights, interests, easements, henditaments sad appurtenances thtteunta belonging; the rents, issues, u~d <br />profits thereof and menues and income therefrom, all improvements and'personal property now oz titer. attached thereto nr <br />reasonably necessary to the nse thereof;' including, but not limited to, rznges, reErigenrors, clothes washers, cloches dryers. <br />of carpeting purchased or financed in whole or in part with .loan funds, all water, water rights, and water. stout ppertaining <br />thaceo, and all pa ems u any time owing co $orrower by virtue of any sale, Iease; transfer, Conveyance; or condemn :ion <br />of any part thereof or interest therein-all of which are herein called "theproperty"; <br />TO HAVE AND TO HOLD.. the property tmto the Government and its assignsfonver in fee simple. <br />BORROWER for Borrower's xlf, Botrowa'sheirs, executors, administrators, successors and assigns WARRANTS TI-IE <br />TI'T'LE to the property co thaGovanment agautsx alllawful claims and demands whatsoever except any liens, encumbranres, <br />casements, rexrvations. or comeyanees ~tectfred heteinabove, andi.0 PENANT$ ANI) AGREES as followsi <br />(1) Tc pay promptly whey due ang indebtedness to the Government hereby secured and co indemnify and save harm- <br />less the Government against loss under its insurance of payment of the note by reason of any default by; Borrower. At ail <br />times when the nom is hdd liy are insured hoIda, Borrower shall continue to male payments onthe note to the Government, <br />as collection agent for he holder. <br />!2) To pay ro the Government stuh fees and other charges as maynow or hereafter be required byregulscions of the <br />Fumers F3ome Adminiuntion <br />(3) IE regtired by thrGovernment, to make additional'monthly;payments of 1/12 of the estimated annual takes, <br />assessments; inwuana praaiums and other chargea,upon the moregaged.premises. <br />(4) Whether or not the note is:insured 6y the Government, the Govunment:may at any-time pay airy other antour.cs <br />required herein to be paid by Borrows-and not paid by Borrower when due, as well as any,costs and expenses for the pre- <br />servation, proteceion;'or estformaent of thu lien, a advancesfox xhe account'of Borrow«. All such advances shall bear <br />interest at the me borne by the note which has the highest interest nte. <br />(5} All advances 6y the Grnannient as described in this instrument, with interest, shall be immedutely due and pay- <br />able by Borrows to the Government without demand at the place designated is the latest nou and shall be'secured hereby. <br />No such advastce byp the Government shall relieve Borrower from breach of $otto~'cr's covenant co nay. Such advances, <br />with interest. shall be repaid from the first`ava$able collecdonsseceived"from Borrower. Ptherwise, aaypayment made by <br />Borrower may Ix applied on the note or any indebtedness to the Government secured hereby in any order the Go~mrnment <br />determines. <br /> <br /> <br /> <br />