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81--801980 <br />together with all rights, interests, easements, hereditaments and appurtenances [hereunto belonging, the rents, issues, and <br />profits thereof and revtnuta and income therefrom, all improvements and personal property now or later attached thereto or <br />reasonably necessary to the use thereof, includthg, but not limited to, ran s, refrigerators, clothes washers, clothes dryers, <br />or cupetin¢ purchased or financed in whole or in part with loan funds, al~wates, water rights, and water stack pertaining <br />Li:¢r¢to - ] ail y~l;: cots u « y ~•n~ ^~^.g r_o Bnrrnwrr by vvtgt of any sale; lease; transfer; conveyance, or condemnation <br />of any part thereof or irteeest therein-all of which are herein called "the property ": <br />TO HAVE AhFD TO HOLD the peoptety unto the Government and its assittrts forever in fee simple. <br />BORROWER for Borrower's self, Borrower's heirs, execueors, administrators, successors and assigns WARRANTS THE <br />TSTLE to the property to the Government'against all lawful claims and demands whatsoever except any liens, encumbrances, <br />euements, reservations, or eonvevanccs spcctFied htreinabove, and COVENANTS AND AGREES as follows= <br />(1} To pax promptly when due any indebtedness to the Government hereby secured and to indemnify and save harm- <br />kss the Government against any loss under its insurance of payment of the rote by reason of any default by Borrower. <br />At all timer when the notais held by an insured holder, Borrower shall continue to make payments on the note to the C,overn- <br />tr~nt, as collection agent for the hol~r <br />(2) To pay to the Government such fees and other charges as may now or hereafter be required by regularions of the <br />Fumers Home Administration. <br />(3} !f required by the Governmene, to make addieionai monthly payments of iii "c of the estimaeed annum taxes, <br />assesamdnts: insurance premiums and other chuees upon the mortQaQed premises. <br />(4} Whether or not the note is insured by the Government, the Government may at any time pay any other amounts <br />requutd herein to be paid by Borrower and not paid by Borrower when due, as well~as aqy costs and expenses for the pre- <br />servation, protection, or enforcement of this lien, as advances for the account of Borrower. All such atvances shall bear <br />interest at the rate borne by the note which has the highest :.-serest rate. <br />{S} All advances by the Government as deursbed in this instrument, with interest, shall be immediately due and payable <br />by Borrower to the Government without demand at the place designated in the latest note and shall be secured hereby. No <br />such advanu by the C,overnment steal[ relieve Borrower from breach of Borrower's covenant to pay. Such advances, with <br />interns[, sha#1 6e [epaid from the first available collections received from Borrower. Chherwisc, any payment made by <br />Borower fete}' be applied on the note or any indebtedness to the Government secured hereby in any order flit Government <br />determines. <br /> <br />L <br />6~..., <br />