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(6) To use the loan evidenced 6y the note solely for purposes authorized by the Government. <br />t7) To pay when due all [axes, liens, judgments, encumbrances, and assessments la+vfully attaching to or assessed <br />against the property, including all charges and assessments in conneetion with u~axzr, water rights, and water stock <br />pertaining to or reasonably necessary to dte use of the zeal propert}' described ab ove, and all rases and assessments levied <br />,~ upon this mortgage or the note err any indebtedness hereby secured or against any legal holder hereof err of the note oz of <br />sad indebtedness under the laws of Nebraska, and promptly deliver to dre Government writhaut demand receipts e+ddencing <br />such payments. <br />(8) To keep the propert}' insured as required by a^.d under insurance polities approved by the Government and, at its <br />,^ request, to deliver such policies to *he Goverztmrnt. <br />~ '9) Ta maintain improvrmrnls in good re~air aad make repairs required by the Gavernmenr. operate the property m a <br />`~ `ood and hnshandmaailike manner: comply +sitn such farm canserc-atioa practices- aad farm and home maragrmenx plans as <br />tts Government from time to time mac prescribe; and not to abandon the property, or cause or p<rmit was[e, lessening or <br />~ impairment of the srcuri[Y covered he:e p, or, without the written consent of the Government, cut remove, or lease dry <br />~ timber, gravel, ail, gas, coal, or other minerals except as ma+^ be nrcessa:-y for ordinary domzsdc purposes. <br />i0? To rcmply with all laws. ordinances, and regulations affecting the property. <br />13) To pay or reimburse the Government far expenses reasonably necessary az incidental to the protection of the lien <br />and priority hemaf and to the znfartemcnt of or the romp?iante whit rite pracisions hereof and of die note and an}' supple- <br />ttxntary apzerment twhethez berate or titter default':, including but not limited to casts of evidence of tide to and survey of <br />the proptrty. costs of retarding this and a[her instntments, attornres' ties, trustees' Tres, court casts, and expenses of <br />advertising, szlung, and cane: sing the property. <br />ii2;: Neither the property nor any portion thereof err interest tt;trrin shall be leased, assi5r[rd, sold, transferred, or <br />enrumbtred, roluntazily err other~+visr, without the written consent of the Government. The Government shall have the sole <br />any etc?usi+e rights s nartgaget hereunder, induct=:n5 ;nut Herr lintitrd to rite pr--wee to grant consents, partial releases, <br />subardinatiaas. and saticfacrioa, aad na insured haidrr shall leave am' right, tide er interest in err to d+e lien err any benefits <br />better?. <br />3 i+ A; all reasonable timts the Govet,-tmetrt and its agents may ins•~l~rc.t the property to ascertain whether the covenants <br />and a;?trmtnu rantained htrein or in aav supp?ementar+~ ar.tra:zrt are heini; aerlormrd, <br />.3+! T7+r Gortnn!ent may a; extend err dtfer [hr maturity ,>,. and r: new and reschrdulr the )rautrnts on, the debt <br />tcidrnted b+ ikt note err tiny indcbtrdnzss to the C;avernn[rr,: sec tired t+}' :leis instriunrn[, 'b-~ rtcea>r an}• party wiaa is <br />liable under the Hate or fzr the debt tram ?iabilin~ to the {>.nermacn;..c': ;elcxsr ranions of the properts and subordinate <br />its iitn. and ,d'- waivt any tither of its ^-lt rs undo: this instrument, .qtt+~ and all this can and will be done wideout affrt'iny <br />v!rr lien er r.?;r pzic;rty of tlr is insuument or t3orrower ; or an+~ otht: partc's liability to thz Gaeernment far payment of Li.e <br />rcrs!t err debt srcu*rd be :his ins*.r^,rmrnt unless the inx-rrnment says otherwise in writing. HOWE\'ER, an}' Torbrazanre by' <br />tt:r Ge+~nmrnt-waztlter onto err aftrn-i*t exrrtisin;, acv right or remedy under tni.+ insrrumtnt, or otherwise afforded by <br />snlitablt Iaw, shill nor be a wasvrr of err prrdudt vet err. list of an. sorb right or rtmtdc. <br />"! 3f at tine ?in[t it shai appear to the Government that Borrower may bt able to obtain a loan from a produerion <br />a+edit' ~ =rien, a Federal land bank, err tither rtsporsiblt cooperative or pri+atc credit source, at reasonable rafts attd trnna <br />far loans for simuar purposes ar+d periods of rarer. BaLrawer wv , upon the Govrcnmrrt's toques[, apply fnr and accept sorb <br />loan i:t safx~txnt amount to pay the notz and tine indei+tednres sectued hereby and to pa}' far tine stack ntcessary [a be , <br />}*nrcha.+ed in a raaprrativr lending a2en.'v in c~onneczian w-itir su.t.'s loan. _ <br />36'~ IJefault hcrrundr. shall car.stirute defaut under dry tither real estatt, oz under arty personal praperty tie othtt, <br />seta.-in- irsrrumen: held err insureu ;z}' the Ga.'rrnmrnt and executed or assert ;rd by $cr:ow,r, and default ;tnir~: anp rurh <br />ax}ttz stctztity insaumen: shall construtr default herrtmdtr. <br />-' 3? : SI-lilLlLi3 DIrFAt'LT attar ir, *,ht prrfarranc=- err dischartir of any obligation in this ins*_ntmrnt err stt tired he this <br />in[:trt,mcrx, or sh old the parti=s Ham rd as Bor. a,a-rr die or '.re declared err. inramprtenr, or shoui.t any ant at thz parties <br />named as Barrcw•ez ht de;.iYZrd a banks^,*., as an insolvent or make an assignment tar the benrftt of rrrditors, the Gavtrn- <br />mtnr, az its ap.rian. aith cs wZt4out aeticr, may: - a` declare the rntin amount unpaid under the rote aad an}' indebtedness <br />va tbt Gavernnaent hcr.bc se:t~xtd immrdi«tris due and payable, ^b` !or the attount ai BonaweL incur and pay reasonably <br />rzprnsts for repair or tnait:trnanrr .•f a..(1 take passruion nf, ,5-grate or rent t$r szac+rrz•.:c~~ u{'•''^ sp..-litution by it and <br />p~r-aduc.iats t~1 this ~,strrmrnt, u~tha~~t ether evidence anti n:trau: n~.~rcr ui hrarzny ai sasd applicat;; •r. have a zrerzvr: <br />appointed iar the praperty, a th !err u•sal pawns of rras+ers i_n 13:r -asrs. _d-. foreclose this brst;tunent o.s pea+-id^d hrr_in <br />t>Q bj iaYc, YnCa ,.tt rnIar'it a3il' Ind till atbti Tty'ntE Yn3 rrmedtti pea+aoed htrr[n t=[ 1*\ pz°. Sen.L err taLUrr law. <br />+9S} Tl:r re$s of f~~r-3ost;re sale snaLt lac applied is der caliew•iag atdtt !o the payment c,i'::,a1 costa and exptnsts <br />inz-idcst *_a tnfor',tng oz rutugiyirg with dtt g:i+visio,-zs hrzecf. -b? err:. pricat itet;s ; yuirrd by law .a : ca=;.{z<trnt ra:t:t to <br />lae tier paid, ;r flat debt n'i:itnted by ~e not. aria all indrbudntss to the Gavrramtnt >rturrd berth}-, .:,d) irtieztoz urns <br />ai tetrad nquirrd ny law or a truaprtm[ cvur. to br ;a pair, ,e~ at thr Go+crnm_nx's aptie;±. an}- itlrrr irrdehLtdness of <br />Bt+rronrt c>w-i.,~ to or in>-.:re3 by rite Govertuarsit, aad ;il any balance t.. 3:~ar+~rr. At ^,urrtlaaure or other sale n all err nay <br />part of tam the Gwerstnent aad its agrau max bid and purrnasr as a suangtx and may pay the Ga+ernment's share <br />tsT Ll.'e ~ br trx.3tiag sat:; amcwstt tin any :irbts at Br,rrvu-er ,mow^n: *< «r ms•.+:rd i'r <.i.r C:ernrarnt, in zl:e <br />order prtscx>~+ed abG.°e. <br />3f Bt+tt-s~wrz a~er> chat zht Ga+st'nmtnx w•il not i,t bound by any prrscn: err :orate Starr law=, a, providurg far <br />ealuauon, appraisal. 6omratr.ad err tsrm~tian of the pr.prrt}, ;t~s prPhihitirg m:intrranct ;i an a>rtor, Fa: a deixiencv <br />~ad~eat ;err l.~titir~ t!~r ar.;aunr r~+ereoi cr the time vc-.t}*in tchiclt such araan count bt bntucht, r, prescribing any other <br />suture of latitYCans, i-3? allau=ttg ant ;iglrt of rr3rmpticn ~?z possession iollaw3ng .~t+,' iosrd.',<.::r saic, ~•r a-~ ;uniting the <br />caddiziant. whim the Ga+rrzzrntnt gnat i,v re3ulation impcsr, intludiu,: Litz interest rate :L mas ,l:ar.e..s a condirian of <br />appravizng a transfer of fnr praprrt3- to a nrw~ 3arrawcr. BaLrowrr espnrss?v w'aivcs tlu l+rnrtit oY ant' such Starr lawn. <br />Sorr'owrr eerebt reiiagt:ishet, w-ai+es, and cots:r y's ai: rights, utch~,xtr :,r .unss;nmatr, ~:: ors: ent, 3,e+vrr. _nd cur[rsv. <br />,,,.,J <br /> <br />