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<br />- con Lain ing 3.84 acres, more or less, together wt th all of the right, title, and 'n terest
<br />(now owned or hereafter acquired) of the Mortgagors In saki property, Snclutling all DuiLdirlgs, improvements, iLxtures, ~ '
<br />or appurtenances thereon or hereafter placed thereon; al.l water, irrigation, and drainage rlgh ts; the tenements,
<br />heredl Laments, and appurtenances thereto and the rents, issues, crops, and prod is arising tram Bald lands; and (it
<br />Lhe Mortgagors righ is Sn the public domain are required by Mortgagee far secw icy purposes) all leases, perml ts,
<br />licenses, or Fr Svl leges, appurtenant or ^onappur tenant to Bald mortgaged oreml ses, now ar hereafter issuad, extended,
<br />or renewed to the Mortgagors Dy the Unl tetl States or the state Sn which the above-Cescribed property Ss located or
<br />arty dep?~Gmen[, bureau, or agency u.arevf.
<br />This mortgsge is giver. to secure a promissory note of even date herewl t.h, axec!:cetl Dy Mortgagors to Mortgagee, Sn
<br />the prin cfpai sum of F'f1R "'Y-FTt^:;T -i .{;}t'CG v'i7 AL'il Utl% 7 "}~ _ - COLLARS,
<br />payable with Interest according to the terms of said note, the Pinal pzymert D?1sg -*.., ?gin payabl- o„ ,.,~ ,,. ., ..
<br />of PSarCh. LQlU This conveyanre shah be v,,. ,, uprn t.. psyment vt salt promissory note.
<br />:his mortgage Ss suDJ ett to the prvvi slons of THE rARM CREDIT ACT and ali ac[s amendatory cherecf cr supplemen tai
<br />tharaen_ mhe pry eeds of tha loan secured hareDy will be used Iar the p' „-3e,, -p-,,,.,a„ ,,. t,°.e Morc3a3ors~ appii-
<br />cation far said loan and authorized Dy said Act.
<br />The Mortgagors, and each of them, hereby warrant that they are fee awn<_rs vi the mortgaged real property. that they
<br />will defend the title against all claimants whomsoever, and that said property is tree from all encumbra.c es; that
<br />.. they will keep all the Improvements, fixtures, and appurtenances occupied and 1n good repa!r and permit re oats cf
<br />waste; and they wl ll relinquish all rights of homestead In said premises, and covenant and agree with the Mar *.gagee,
<br />a,s follows:
<br />(1) 'foot they will ply when due all taxes, liens. Judgments, or assessments whSCh may De lswtui ly assessatl arza trs ~.
<br />the property herein mortgaged.
<br />(2) That Chey nlll insure antl seep insured boil dings or ether Smprovemen is now an or wnich may hereafter be plr.:rtl
<br />- ~ on said premises to the satl sfactlon of the Mortgsgee, such insurance policy shall be endorsetl with a mortgage slsuse
<br />with the loss thereunder to be payable to the Mortgagee. Arty sums received may be used to pay tvr ratans tru,~t +. cn
<br />at tha destroyed impravamehts; ar, if not so applied, mQy, at the option of Lhe Mortgagee, be applied Sn payment o
<br />achy Sndeb tedness, matured or unmatured, secured by this mortgage. `
<br />(3) To pry all rents, fees, or charges now due or to become due under the terms of each lease, nermlt, i!cerse, ~.r
<br />privilege on the public Qomai^ which Is appur Conant or nonappurtenant to the mortgaged premises, which has been
<br />issued, extended, or renewed by the Unitatl States or the state !n which the above-described Property !_ ;oca [ed;
<br />to perform and observe every act, covenant, conditl On, and stipulsti on necessary to keep each of the GS Sine !r; p,u^
<br />standing; and to Lake every necessary step CO secure the reissue, renewal, or exten5lan of each of the ssme; a. to
<br />assSBr, waive, pledge, or eadorse to the Mortgagee each lease, permit, license, or privilege it Mortgagers~ rl~;,h is
<br />' In DuD11c domain are requl red Dy Mortgagee for security purposes.
<br />.~'. ~ (4) ThaC to the event the Mortgagee is s party W any lltlgatlon aif acting tha security or the lien of Its n.
<br />Baga. 1ncluQing etyy atilt by Che Mortgagee to foreclose this mortgage or any suit In whl ch cha Mvrtga'ea may n.~ .,,,m ~,
<br />a Darty defendant In which St is ob ll gat ed to protect its rights or lien, including condemnatl on -u!d Dank n.:prr:v
<br />proeeedings, the Mortgagee may incur expenses and advance payment for abstract Cees, attorney foes (except to ~hr
<br />extent prohibited by law}, costs, expenses, and other charges.
<br />(5) That Sn the event the Mortgagors fail to pay when tlue any taxes, Hens, Judgments, or assessments, cr fall to
<br />maintain tnsurance as herelnbefore provided, or tail to pay rents, tees, or charges under the [arms of any tease,
<br />permit, license, or priv Ile or Mort ee Is re ulred
<br />6e gag q to incur expenses for abstract tees, attorney fees, costs,
<br />expenses, and other charges Sn connection with lltlgatlon, Mortgagee may make such payment ar provide such Snsur:u!ce,
<br />or incur such ob llgatl on, and the amounts paid therefor shall become a psrt of the indebtedness securetl hereby due
<br />aad p~}!aDle Smmedlately, and shall bear Interest from the date of payment at Lhe same rate as provided for defau l*
<br />in the note.
<br />(~.
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