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<br />79--`~ll~F'l~ <br />(b) To use the loan evidenced by the note solely for purposes authorized by the C,overmnent. <br />(7) To pay when due all tales, liens, judgments, encumbrances, and assessments lawful! attaching to or assessed <br />against the property, including all charges and assessments in connection with wateq water rights, and water stock <br />pertaining to or reasonably necessazy to the use of the real property described above, and all rases and assessments levied <br />upon this mortgage or the note oz any indebtedness hereby secured or against :u:y legal holder hereof or of the note or of <br />lard indebtedness under the laws of Nebruka, and promptly deliver to the Government without demand receipts evidencing <br />such payments. <br />(8) To kelp the property- insured as required 6y and under insurance policies approved by the Government and, at its <br />request, to deliver such policies to the Governnent. <br />(9 To rt~.aincain improvemc~a in good repair and make repaia required by the Governmen4 operate [he propertt~ in a <br />good and husbandmanlike manner comph~ wet such .arm consrrvanon pPracnees and farm and home management plans as <br />the Government from time to tune rray Prescribe; and nor ro abandon the property, or cause or permit waste, lessening or <br />impairment of the secudtc covered here c, or, without [he written consent of the Government, cut remove, or lease any <br />timbeq gravel, oil, gas, coal, or other minerals reseept as may be necessary (or ordinary domestic purposes. <br />101 To comply with all laws, ordinances, and regulations aff=ccing the property. <br />I1) To pay or reimburse the Government for expenses reasonably necessary or incidental to the protection of the lien <br />and priority hereof anti to the enforcement of or the compliance witi: tiro provisions hereof and of the note and any supple- <br />mentary• agreement ;whether before or after default), inducting but not limited to costs of evidence of title to and survey of <br />the ptaperty, costs of recording this and other instruments, attorneys fees, trustees' Fees, court costs, and espensrs of <br />advertising, selling, and canveying the groperty- <br />~121 Neither the property nor anti portion. thereof or interest therein shall be leased, assigned, sold, transferred, or <br />enetunbered, voluntarily or otherwise, without the written consent of the Government. The Government shall have the sole <br />ana exclusive rights as mortgagee hereunder, inciu~iing but not limited to t,re power to grant consents, partial releases, <br />subardinations. and satisfaction, and no insured holder shall have any right, zitle or interest in or to the lien or any benefits <br />'rerrof. - <br />i3` At all reasonable tunes the Governmtnt and its agents may inspect the properrv to ascertain whether the covenants <br />and ag, eements contained herein or in am• supplementary ax+retment are bring performed. <br />'14; Thr Government mac ja) extend or defer the maturity of, and renew and reschedule the payments on, the debt - <br />rvidenced by the note or anc indebzrdnrss to the Government secured by this instrument, (bl release any party who is _ <br />liab}e under the note e-r far the debt tram liabilin~ to the Government. ~, c! release portions of the Property and subordinate <br />iu lien, and id' waive any other of its rights under this in strmnent. Any ant: all this can and will be done without affecting <br />the lien. er the priority of this instrumrn*. or So:-rower's of :mc other Parn•'s liability to the Government for payment of the <br />Hate or debt secured by this instrument unless the Governmem sac> otherwise. in writing. HOWEVER, any forbearance by <br />ilre Gavarnmeat-whether once or wren-in exercising any right or remedy under this instrument, or otherxise afforded by <br />applicable law. sh all not 6e a waiver ei or preclude the exercise of any such ri_tht or remedy. - <br />:1~' If at any time i; shall appeaz to -he Government zhat Borrower may bt able to obtain. a loan from a production <br />ezedit association, a Federal land bank, or other responsible cooperat{vt or private credit source, at reasonable rates and terms <br />far loans for similar purposes and periods of time, Rarow~rr wvl, epos the Government's request, apply for and accept such <br />Iran in suf icient amount to ppay the note a^~ anc indebtedness secured hereby and to pay t"or any stack nzctssan- to be <br />pu:chased in a coogeraavr lending agency in ronrertion xizh such loan, <br />Ib Default hereunder sha{i constitute defatdt under am other real estate, or tmdrr arty personal property e: other, <br />security instrument held or insured by the Government and executed or assumed by Borrower, and defau!z order any such <br />other security instrtunent shall canstizutr detadt hereunder. <br />7" SHOULD DEFAULT orrvr in the perform anrr or discharge of am• nbligacian in this mstrumem ~-x secured be this <br />irs*sument, or i-oeid zhr parties named as Barrower die or be declared a.-r incompetent, or should ar,c one of the parties <br />named as Borrower be declared a bankruP*., or an _-.sohent ar make an assign-ment for the benefit of crzditors, the Gevern- <br />men;, alts oprion, with ar without notice, mac: la'. declare the entire amaunt unpaid under the note and any indebtedness <br />to the Gavernntent hereby seatrrd immediately due and pa}'ablt, b'. far the account of Borrower incur and pay reasonable <br />espensrs for regain or maintenance of and take possessian at, a~eratr or rem the pragcrn-. _ -`~ upon app'i~ation by it and <br />produttion of *h is instrument, wit'raut other eyidrrcc and w•ttnout notice of hearing of said applicara , have a receiver <br />appointed for the p:aperty, with the usual powers of receivers in like case=_, ;_d; foreclose [his instrument as Provided heron <br />cr by law, and ,e? rnior:r any and a;l other rights and rtmrdirs Provided herein or by gresen: or future law. <br />' I8i The prorreds of fareciosure sale shall be appl{ed in the followin¢ order to the pavmrrt of; :, a; costs and expenses <br />incident ro rntarcing or complcing with the prrn~isians heseot.:b`. any prior L•cns required ny lax or a competent court to <br />be sa paid. 'c"; tlx debt rvidrnctd by tht Here and all indebtedness to the Gavesnnrent secured lrerrhs~, ;dt inferiar Tens <br />of retord rcauired by law er a rarrrprtrnt court to ae sa paid, 'e; at *_hr Ge.+ernment's ;rpron, any other indebtedness of <br />Borrower owing ro ar insured by the Government, and t any balance to Rortow•tr. At iorrclosurt vz ather sale o{all or any <br />part of the property, the Goxrtuncnt and its agenzs may bid and purchase as a stranger and may gay the Gevemment's slrarr <br />u} the purchase Dnce by err'itin¢ sac;. amount on am del+ts of Borrower owing to or insured be the Government, fn d~.e <br />order prescribed above. <br />14j Borrower agrees tb a: the Government will not br bound be anc present or fugue State law, :_a; providing for <br />valuation, appraisal, homestead ar rsemgtien of the property, ~,b. prohibiting maintenance of ar. action ~tor a deficiency <br />judgment or limiting the amaent turret er the time wither which such action must br broug}r:, r- prescribing any other <br />sutnxe of Imitations, (d ailou-ing any -_~,t of :edemptier. ur i.autssi:>r. following ar.y t, rrclosure sa)e, or e limiting the <br />eondi*i::u which the Government may by rrguLzion impose, including the ir.trr_st rate it mat charge, as a condition of <br />appravin¢ a transftz of the propc.rn~ zo a nevy Rerrow:r. Bee-.oxen express! waives the benefit :.f am' such Start 1~'ws. <br />Rotrawts lrerrby relinquishes, uaivrs, a.^,7 c~avtcs a;l :i~h ts, rn.hoate or cor.;ummatt, ~~! des:en r. dox~rr, and cvrtesc. <br /> <br /> <br />