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U , % <br /> <br /> <br /> <br /> <br /> <br /> 81-1 0402'%) <br /> (G) To nu: s!i;c loan cuilk-reed by the note solely fear pccrptxse.,i.aurhl Mixed lap the Government, <br /> (7) To s.•'wy vvitr a diac 0 twtex, :)iew., jwlgn:s, tnctmtbraratxs,"and asat=ai;etits 1awrftr311: attarcjjng t.o at AIACS=d <br /> a.gz zss the pro~acrt} , ai i Iuetairz~; all c~Za g_,r,, and s~sunents in C' On t tinia With wmtl r, ~Oaitw'c rigbfr, and water swabpistxinin <br /> to or ircaat+rwably r+:e a to the ust of the mal propcsty dcscrilaed above; :~trtd 311 strut►:s sand aiasessrt'~ts lsvied r~pnoat thti <br /> met r-tg,iW,r: err r1c ,nr.. t or, nn y indebtet-Inds hereby secured or t~ant any lid 1Z.el~irr,lstrcof or of the aso c ar o said in <br /> debtrdness uo&.r la,,vs of Nebraska, and promptly; deliver to the Government 'without dcrn nd receipts` evidencing i.h <br /> pAymenrs. <br /> (f;) To ktt,,, tl,c :a+,aerty insured ,as mquired by and ttl tier insurame polikits apprc-veil by the Goverrsrneent and, at <br /> its request, to det,v, wr t polici.•,; to the Gcm-ernment <br /> (9) 4I+a taaxr lai.aa iszaYxravczneTits in gaud repair and rm&r rt:paixx xcelui~rel. by the Garerantsaent, rperstr the property <br /> in A good and hu `-xm ncir,aanl.jke rnanner°, comply With:snctx farza on.-mrwation Fractkxs and ulm Arad hc~wt .sanagement plans <br /> as the GoverrLmr= t .eta time to tine may prescrilse; and tint trcf; abaaattn xl:c ipxol►e-.g, t . cause or p-a miit.waft, lessening or <br /> irnpaLnnent of the stc covertd hers y, or,:rxritlaout 'the.vrxitteaa ±corasent.cur the:Gknernia'tent, cut.'move, or lease any <br /> tirn6er, gravel' a, 91"", t, r or other minerals except as may be ne,cemwy far oidirtaxy. dorne51iic 1raTrpases., <br /> (10) 7,I17o comply with sr.li lags, ordiutiances, acad rcg~laticr~s.~~~ting the, property. <br /> (11) 're pay or reimburse the Government for tatpensaes, teslsfana►laly raecesr ar ineidenta.1 to the knotectiion of the lien <br /> and ~priorit~y h,:reof and to the enforcement of of the urstnplaaatce +aritli the psro vy'l"'tut hereof w4 of the mote and any xuppl,t- <br /> mentaxy agreement (whether before or after default), mcluding icaaat not limhod to costs of esrid-race of :it1e to aaaa suive elf, <br /> the propcrtir, costs of recording this and other initruutents; attaartye refs., trusttee fees, cos xt coma, and expenses of aaylver- <br /> rising, selling and cony e.j iaag the property.. <br /> (12) Neither the property nor any portion thereof or interest. therein shad! be leased, assigned, sold, trahsferted, Or <br /> Cncuanberecl: voluntaard-v or othr-wist, wit'kour the.wr£tten ciarnwnt of the Government. The Goverrin*nt shall have thet soli <br /> and e'arclusirys raglats az:s :mortgagee hereuiader, including bnt .watt lirnitcd to the power to grant. Consenta', partirai releases, sub, <br /> nrsliratiryns„ and satis4laxction, zod no insured holdttr sl*; n1 halm any rights, title or in "st in or to the am or any lx neftts <br /> hereof. <br /> (13) At ;iE re ronaakale times tite Gat+erttrnent arsd its agent:; may inspect the pro y to ax, rtain whether the cov, <br /> cv..ants and :aweemcrits contained facrerv,. or -Ln any mpplernentary agreement are being perrrcl. <br /> (131 Tice G )v:ex nment Ynny (a,) t:xtend or defrx the, maturity of, and renew and reschedule the payrrzcnts on, the debt <br /> evidtnxcJ by sl.c nett 11e a zy indebt~edszrss to the Gr,,s:ernmen:t se:°cumd by this instrument, (b relcwx any~xnrry wl!ao is <br /> lial'lc under the ztotc or for .the. debt l'a~[)m liabibry 'ca the Goverrataent, (c) release portions of the pro; erty asa subcsat:i,nate <br /> ir.a lien, and (d) •r►ai-rc amy other of its Tights unaf.T thi insuurntnt. Away and all dais can and will be done without afrt:r_ring <br /> the lien or the r'lority of this instrument o*' l3or rr~*aars'a' or any. other party's liability to the Gov'err:ment for payment of the <br /> note or tl'.rbx sec%ired by this instrument-unless the Goverrment says otherw''Mse in writing. HOWEVER, any forbearance by <br /> the Gov,ernnivnt--whethta; once or otten"in exercling any night, or temedy undcr•tfus inat7tuarsent, or otherwise aafiforded by <br /> applicable law, shall not be a waiver of or preclude the. exercise o4. my such right or remedy. <br /> 15) If at any time it shall appear to the ,overnment chnt Borrower' may be able to obtain a loan from a production <br /> credit assOCiatiOn, a .Fedcxal land bank, or other re5ponsiolr. cooperative or private, cr-;lit icurr:e., at.. reasonable rates and terms <br /> for loaxn;a for similar purposes and pet'iods of tmae,.Borrovrer will, upon the Govertunent's req.ucit, apply for and accept such <br /> loan in sufficient xrnount to pay the note. and any in&btedness secured hereby and to pay for any stock necemry to be <br /> p,archasrd in a coopf;rative len. ng agency in zonntciion with ,such u>an. <br /> f1.6 Nfaul+t hereunder sh,-W tonstitrt~ Jcfxuat ; ;xcl any voter real estate, or wader Any personal property or other, <br /> :security 7.astrwmnt held or insured by the i'ovtrnroent`;&nd executted or assumed by Borrowrr, and default under any such <br /> Other srr:,,arity rnstr+arncrit shall c+snxtitaatc 6e< jzalt fberrM.ndrr. <br /> (17) SPOULD DEFAULT occur n :l,e perforrraantrr or diW.harrg,e of any obligation ire this instrument or secure.: by <br /> this instrument., or sho,ald the parties n::mcJ1 'zs,Sorrezivt.r'6e or be declared a.n incwn t,rant, or t:hould any one of the parties <br /> named as Borrovrer be declared a bankrupt, at an bmlvznt or ra akc an assignment far the bcnr fit of creditors, the Govern- <br /> ment, at its option, with or vrithout notiar, rnayn (a) +I:claure the entire *,mount unpaid under the not,r and any indeb*.eciness <br /> to the Gcrvtrnrae:nt hereby secured imme&ately dire ,nl payable, (b) far the account of Borrower inucur and pay reasonable <br /> expenses for repair or main i.4riance eA and take posse-wizit'o of, operate or rent the. property, (c) upon application by it and <br /> pro-iucilon of this instrument, without ocher e.viaenrx %:nd without notice of hearing of :cal ,application, have a receiver <br /> appointed :!sr the property, with 6& usu:a powers cif rtctimrs in lace gases, (d) foreclose this instrument as provided herein <br /> or by law, sand (e) enforce, any aand.all othet rights and, a"+rme:dief- prolvidtcl,he rein or by present or future law'. <br /> (IS) The anroczesds of fortt.lotu a sale shaxli 6e applied in the: following order to the payrtient of. (a) coats and expenses <br /> incident to enforcing or comply `og mrith the rarovi.s<r:,nz herrn£,,1%) any prior liars require„ d by law or a compet,.nt court to be <br /> so paid, (c) thc &A3t cvidenced by the- saute and «il 'net6tca~ras to the Government: secured hereby, (d) inferior liens of <br /> record required by ixw or a c:ornr ,!Yenr, court ter: Iat sea pr,,itl, (I- M; the Government's option, any other indebtedness of Bar- <br /> ra~~ftr ovrra7 to or ilt,uzred by the. Govtrnnu:nt, and. (f) any once ,o Borrower. At foreclosure or other sale of all or any <br /> part of tlie olaerty, tine Government and its agents araay bill ::ltd purchav,ms a strngm and may pay the Government's share <br /> of the ptzr-- se' }Trice by crccihing such. 2motnat on Any debts of Porrawa owing to or insured by the. Government, in the <br /> orc'tr'prr..sc..riiac4 sboYe. <br /> (1 Barr±rwcr aprers that the e;;i}vcraaeneaat w'91 not be bourn J `by Tony present, or future State law, (a) providing; for <br /> valuatGon, appndsal, homc49'ea•i or ec!mption of Liar property, (b) prohibiting mai.ntenanze of an action for a defickncy <br /> juapn,!n.t or limiting the amown t.`•,evmf or'the time wit rn which sucli action must be brought, (e) rescribing any other <br /> statute of 'iuraitttions, {d) allowing any riot of redo Mptio:a ut po:~isex.ria:,m fallovring any foreclosure •dc, or (e) limiting the <br /> con.didions which the Go~vernmant ,Doti by regulaCion iernj:4me, inclacling the interest rate it may charge, as a candition of <br /> ,approve ng a transfer, of ene proprer:y to a new $orrowrr. 11orrower expressly waives the benefit of any such SrAte laws. <br />