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lot O:ae (1) in-the Northeast s?taarter. (NE3a) of Ser`aort Sixteen (16). All <br />in Township Nine (9) North, Range Twelve (l2), West of the 6th P.M. <br />together with all rights, interests, easements, hereditaments and appurtenances thereunto belonging, the rents, issues, and <br />profits thereof and revenues and income thereffom, all improvements and personal property now or later attached thereto or <br />reasonably necessary to [he use thereof, including, but not limited to, ranges, refrigerators, clothes washers, clothes dryers. <br />or. carpeting purchased or financed in whole or in part with loan funds, all water, water rights, and water stock pertaining <br />thereto, and all pa menu at any time owing to Borrower by virtue of any sale, lease, transfer, conveyance, or condemnation <br />of any part thereofYor interest therein-all 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 $orrower's self, Borrower's heirs, executors, administrators, successors and assign: WARRANTS THE <br />TITLE to the property to the Government against all lawful claims and demands wbatsocvcr except any liens, encumbranc•_s. <br />easements, reservations, or conveyances specified hereinabave, and COVENANTS AND AGREES a; fclh.:r_: <br />(1) To pay pramptty when due any indebtedness co the Gavernment hereby secured and ro indemnify and save harm- <br />less the- Government against any-loss under its insurance of payment of t![e note 6y r€:asa,-= of any default by Barrocver. <br />At all times when the note is held by an insured holder, Borrower shall cantinuc to make payments on the Here to the Gavern- <br />ment, as collection agent for the holder. <br />(2) To pay to the Government such fees and other charges az may now or hereafter be required by regulations of the <br />Fuxners Home Administration. <br />(r) If required by the Government, to make additional monthly payments of 1112 of [he esrimared annual rases, <br />assessments, insurance premiums and other chazges upon the mortgaged premises. <br />(4) Whether or not the note is insured by the Government, the Government may at any time pay any other amounts <br />requited herein to be paid by Borrower and no[ paid by Borrower when due, as well as any costs and expenses Eor the pre- <br />servation, protection, or enforcement of this lecn, as advances for the account of Borrower. All such advances shall bear <br />interest at the race borne by the note which has the highest interest ram. <br />(5) All advances by the Government as described in this instrument, with interest, shall be immediately due and payable <br />by Bocrowet to the Government without demand at the place designated in the latest note and shall be secured hereby. No <br />such advance by the Government shall relieve Borrower from breach of Borrower's covenant to pay. Su:.h advances, with <br />htmrest, shall be repaid from the first available collections received from Borrower. Otherwise, any payment made by <br />Borrower may be applitd on the note ar any indebtedness to the Government secured hereby in any order the Government <br />determines. <br /> • l; <br />~:.... <br /> <br />:~' <br />