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81~-•-U035f~ <br />Subject to a mortgage in favor of Winifred R. Vierk recorded as <br />Document No. 79-002'}29 and subject to a mortgage in favor of <br />United States of America recorded as Document No. 80-004875. <br />Nether with all rights, interests, easements, hereditaments and appurtenances thereunto belonging, the yenta, issues, and <br />profits thereof and revenues and income therefrom, all improvemeau and personal property now « later attached thereto or <br />reasonably necessary to the use thereof, including, but not limited to, nngcs, refrigencors, clothes washers, clothes deye- <br />« carpeting purchased or ~,..~nced in whole or is part with loan funds, all wun, water rights, and water stock ppertaining <br />thereto, and all payments u any time owing to Borrower 6y virtue of any saL°°, lease, transfer, conveyance, or condunrution <br />of nay part thereof or interest thereinall 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 Borrower's ~If, Borrower's heirs, executors, administrators, successors and assigns WARRANTS THE <br />TITLE to the property to the Government aaggaa~rt~st all lawful chims and demands whatsoever except an liens, encumbrances, <br />easements, reservations, « conveyances specified hereiaabove, and COVENA.':'TS AND AGREES as Follows: <br />(1) To pay promptly when due any indebtedness to the Government hereby secured and to indemnify sad save harm- <br />less the Government against loss under its insurance of payment of the note by reason of any default by Borrower. At all <br />times when flue note is held 6y an insured holder, Borrower shall continue [o make payments on the note to the Govermnent, <br />u collection agent for the holder. <br />(2) To pay to the Government such fees and other charges as may now or hereafter be required by regulations of the <br />Fainters Home Administration <br />(3) If required by the Government, [o make additional monthly payments of 1(12 of the estimated annual taxes, <br />assessments, insurance premiums sad other charges upon tke mortgaged premixs. <br />~4) Whether or not the note is insured by the Government, the Government may at any time pay any other amoums <br />required herein to be paid by borrower and not paid by Borrower when due, as well as any costs and expenses for the pre- <br />xrvation, protcetion, or eafarcameat of this lien, u advances for the account of Borrower. All such advances shaA bear <br />interest at the rate borne by the r:osc which has the highost interest rate. <br />(5) All advances by the Government ss described in this insttumeny with interest, shall be immediately due and pay- <br />able by Borrower to the Government without demand at the place designated in [he latest note and shall be secured hereby. <br />No suck adsaace by the Government shall relieve $orrower from breach of Borrower's covenant to pay. Such advances, <br />with intuut, shall be re aid from the fuss available collettions received from Borrower. Otherwise, any payment made by <br />Borrower may be applied on the cote or any indebtedness ro the Government secured hereby in any order the Governnreni <br />determines. <br />1 <br />u <br />J <br /> <br />