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r <br />Lots One (1) and Two (2) in Section Thirty <br />Ten (10) North, Range Ten (10) West of the <br />Nebraska, subject to the unpaid balance of <br />Contract with Dorothy Lepp. <br />81--664643 <br />One (31), Township <br />6th P. M., Hall County, <br />an Installment Land <br />togethu with all rights, interests, eaxments, hezedicaments and appurtenances thereunto belonging, the rents, issues, and <br />profits thereof and revenues and income therefrom, all improvements and personal property now or Inter attached thereto or <br />reasonably necessary to the ux thereof, including, but not limited to, ranges, refrigerators, clothes washtts, clothes dryers, <br />or carpett'ng purchaxd or financed in whole or in pazt with loan funds, all water, water rights, and water stock pertaining <br />thereto, and all pa ents at any time owing to Borrower by virtue of any sale, leax, uansftt, conveyance, or condemnation <br />of any part thereof or interest therein-all of which aze huein called "the proputy"; <br />TO HAVE AND TO HOLD the property unto the Goveramutc and its assigns Eorever in fee simple. <br />BORROWER for Borrower's xlf, Borrowtt's heirs, executors, administrators, successors and assigns WARRANTS THE <br />TITLE to the property to the Government against all lawful claims and demands whatsoever except an liens, encumbrances, <br />eaxments, rexrvations, or conveyances specified hereinabove, and COVENANTS AND AGREES u follows: <br />(I) To pay promptly when due any indebtedness to the Government hereby secured and to indemnify and rave harm- <br />less the Government agntnst loss under its insurance of payment of the note by reason of any defzult by Borrowu. At aQ <br />times when the note is held by as insured holder, Borrowu shall continue to make payments on the note to the Govermnent, <br />u collection agent for the holder. <br />(2) To pa to the Government such fees and other chuges u may now or hueafter be required by reguladons of the <br />Farmers Home Administration - <br />(3) If required by the Government, to make additional monthly payments of 1/12 of the estimated annual rues, <br />aaetunenta, insurance premiums and othu charges upon the mortgaged premises. <br />(4 Whether or not the note a insured by the Government, the Government may at any time pay any other amounts <br />requimd herein to be paid by Borrawtt and not paid by Borrower when due, u well u any costs and expenxa for the pre- <br />servation, protection, or enforcement of this lien, u advances for the account of Borrower. All such advances shall bear <br />intuest at the rate borne by the note which has the highest interest rate. <br />(5} All advances by the Governmen[ u described in this instrument, with interest, shall be immediately due and pay- <br />able by Borrower to the Government without demand at the place designated in the latac note and shall be xcured hereby. <br />No such advance byy the Government shall relieve Borrower from breach of Borrower's covenan[ to pay. Such advances, <br />with iutttest, :hall be repaid from the fuse available collections received Erom Borrower. Otherwise, any payment made by <br />Borrower may be applied on the note or any indebtedness to the Government xcured hereby in any order the Government <br />determines. ' <br /> <br /> <br /> <br /> <br />