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<br /> '''k'-=-` ' •n'. "� (9) To malntaln improvamcnts in good cepair and make rePain•raquimd by tho Gorernmenci operate che property
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<br /> " in�good and hu�bandmmUkt mumar�eamply vvith�ueh fum conKrvaHon pracdces�nd fum�ad home man�ement lant
<br /> ' '= u the Covamment from time to time m�y prturibat and not to absndon the property,or cawe or permit wute,letuning or
<br /> : ,:F� �� in+pdcment of the �ecurity covered hereby,or,without eha written con�ent of the Government,cut,remav�,or ban�ay
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<br /> � , . �.'k,:c�� Nmber,grave�.oll,ga�,cool,o�otl�er minenl�exeept a may be neceu�ry for ordinary dome�dc purpaei, _
<br /> �� .; „ ,�:,;.;;�, (10j To comply with aU I�wi,ordinaneo�,and re�ulation�affecdng ehe property.
<br /> ` ° ti. (11) To pqy o��eimburu the Gov�rnmant for ezpen�ea rouon4bly neceuuy or.incldental to ehe protecdon of tl�e Ibq
<br /> ��-�``^;,"`��°• "�-•-�� aad priority hereof und to the enfacement of or the compliance arith the provfsion�hereof and of the aote and any supple. — ���
<br /> � w montary agretment(whethee beforo or�fter def+ult),including but not limited to co�q of evfdence of dtle to�nd wrvey of
<br /> • i�`, �he property,cou�af recordins thi�and oeher initrumenp,attorney�'fai,w�ne�'f�e�,coua cotu,and expen�s�of adv�r-
<br /> diln�,�elling and conveying the property.
<br /> � �� ��•''��" (12) Exeept �u otherwLe prmrided by the Farmer�Home Admint�tcadon regulation�.nelthrr the praperty nor any
<br /> ��: ;�. �,;.�:c�,.!Kx.:�.�� pordon thcreoEor interest theroin�hd16e leosed,astigned,wld,tran�fened,or encumbered vo�untaiily or otherwLe,wlthout
<br /> --��•,� ± •'����' �� •..u�.� the written cantcnt of the Guvernment. The (iovernmcnt ihaU have the sole and exeludvcrtghu a�mortQagea hcreundae ��
<br /> � " .�:.,°���v' including but not limit�d to the power to geant con�ent�,panial relea�e�,iubordination�,a�d ati�faaioa, and no iniurs�
<br /> °.+-`= „ ..-: .�•,�.-' holdcr rhall hav«py�q„tLy,�jp��t jq�or,to thc lien or any beneflu hereof. • . °l..�
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<br /> • • :��•o (l3) At r nabi�,�E'i}Kd Y3ovs}tGnOnt and it�agenq mAy intpett ehe property co ucenain wh�thee th�aov-
<br /> ° � �;��, enanti and agre�en q�t1i11�ad hlNei�lbr iM wry supplementary agreemeat are be�ng performad. •
<br /> ° ,�. t. .,.� (14) 7fie�Cw�{yf.1�y1y�(p ' �''it��e intercit rate,payment,terms or balance due on thc loan, (b increaae the --
<br /> . ,,�,�, moregage by an amount equal to de ene atcreu on the outatanding principal balance,(e)extend or defer tl�e matu�fty of =-�
<br /> . ;�� snd remw and re�chedufe the paymenu on,the debt e�ideneed by the note or�ny indebtednea to tho Covernment ucure� -
<br /> by this instrument, (d) release any party who is liable under the note or for the debt fcom liabiliry to the Covernment, �} �
<br /> •� ' +;'��� � "'^'� (c)rol�ue portton�of the property and�ubordipnte iq Uen,and(f)waive any other of its r3ghta under thb Irotrumcnt.My
<br /> " , ' .,'�' and aU thii can and wUl be done wichout affecdng the Ilen or the prtodty�f thi�in�aament or Borrowar'�or any other ��`�,:t.
<br /> ' h party'�liability to the Covernment for payment of thc notc or debt�ecured by thi�inurument unle��ehe Government�aya
<br /> othocwiu in wrlt(og, HpWEVER� any forbearance by the Government-whather once or often-in e:erciiing any dght or
<br /> � ° � ,�". , romedy under thb imtrum�nt,or otherwire�ffordad by applicabb I�wy�hall not bs a walwr of or praclude th�extrtito of
<br /> �t,, any�uch dght or remedy.
<br /> � � '=`- � `= _ (]5) if�t W�y tLnc ic shail appoar co the Government thot BoROwer may be able to obtain n loao from o producdon � -
<br /> credit awciation,a Federal land bank,or other re�pon�fble coaperadve or pdvate ctedit iource,at reaionable rates and torms " '�`�
<br /> " . for loam for iimUar purpo�et and poriods of Nme, Barower will,upon the Government's requeit,apply for ond accept tuch � . ...i�l�';'
<br /> lwn in wfEictent amount to pay the note ond any indebtednei�secured hereby and to pay foe any�toek neeesary to be 6
<br /> ' purchaxd in a cooperative lending agency in connecdon with auch loan. =i�,_-.� �
<br /> _ "�; (16) Ikfault hercunder�hall conuitutc default under any othcr rcal estote,or under any penonal property or other, � ��.
<br /> � �,=, , . security Instrument hald or iniured by ehe Govcrnmenc and exeeueed or a��umed by Bor►ower� and default under anq sueh ••�^
<br /> � • , other security inurument�hall comNtute dafoult hcreunder, —;�....,:_,.`_
<br /> • " (l7) Boreower further ag�eee that the loan(i)secored by thie initrument wW be in default�hould any laan proeeed� _-•��
<br /> be u�ed for a purp oae that will contributc to exceasive eroaion of highly crodiblc land or to the eonversion of wcdand�to � �'"-"'�'`
<br /> � , �',. produce on agrleultural commodity,at further cxplained in 7 CFR Purt 1940,Subpart C,Eahibit M. — ;- --
<br /> ° ' " �~�� (18) SHO[1LD DEFAULT oceur(n the performonce or discharge of ony obligs►tion in this instrumene or secured by J � ` '�'`"�`
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<br /> � • thi�inatrummt. or�hould the partics named as Borrower die or 6e declared an incom etcnt,or�h�uld nn one of the arttes ="F='`��
<br /> � • -�fw•»- � ��� , named o�Borrower be di�choreed in bankruptcy or declared an iniolvcnt or make an as�ignment for the benefit of crcditon, ���` "'T"
<br /> )f; • � the Govemment,at iti option, with or without notice, may: (a)declue the entire amount unpaid under the note anr any -•T.--_ '-=
<br /> - indebtcdness to the Covenimcnt hereby secured immediately due ond pvyable,(b)for thc aecount of Borcower incur and pay �
<br /> ! • , reatonable expen�ei for repair or maintenance of and toke posaeuion of,operatc or rent tl�e ropercy,(c)upon application
<br /> :"���•� , by it and production of thi�initrument,without other evidcncc and wlthout notice of licar n of�id a '
<br /> �B pplieadou,have a
<br /> +.' • ' . rcceiverappointed for the property,with tha usual powers of receiven ln like ca�es,(d)foreelose ehis ininumcnt a:provided �,::..;,,,,,.-��
<br /> ' hcreln or by luw,and(c)enforce any and al)other righes and remcdies provided herein or by presrnt or fucure law,
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<br /> • ''��� . , (l9) The proceed�of foreclosure a�le�hall be applicd in the following order to thc payment of:(a)coats and expeoies �� �' °
<br /> incident to enforcing or complying with the provhion�hereof,(b)any prior liena required by law or a c�mpetent court to be ±'-r"?n'-�
<br /> x� � :a paid, (c) thc debt evidenecd by the notc and all indebtedne�:to the Governmcnt uwrcd hereby,(d)infer�or licna of �T' ,vf'�
<br /> . ' ",�-.rt•� , record required b y law or a com pe t e n t c o u r t t a b c s o p a i d,(c) a t t he Government'e opt(nn,pny ot her in de btc dnc�e of Bor- I J
<br /> ° rower o w ing to or Inwred by the Government, and (f)any b o lance to Bonower. At forccloaure or other�Ale of oll or any � ..J,.� `
<br /> , '•. • part of thc proparty, tho Covernmer�t and its ogents moy bid and purchasc as a strangcr and may pay the Govcrnment'�thare � �
<br /> ''r of the purchate price by aediting auch amount on ony debu of Bonower owing to or in�ured by the Government,in the
<br /> � �'"�''�' o�der preuribed above. -
<br /> . " � � (20) Borrowor a�cc� that thc Govcrnment will not be bound by any present or futurc 5tatc law,(a) providing for �
<br /> valuation,appraiial, homestead or exempt�on of the praperty. (b) prohibiting maintenance of an action fo�a deAciency "
<br /> judgment or limiting the omount thereof or the time within which aurh action mutc be brought, (c)preacribing any other �
<br /> sWtute o[Il�nitationt, (d) allowing any right of reden�ption or posscisian following any forcclosure aale, or(c)limidng the i
<br /> „ condition� which ehe t:ove�nment may by regulotion Gnpo�e, including the intere�t rute it m,�y cliarge, as a condition of '
<br /> approvtng n trantfar of the pruperty to �ncw Borrower. Borrower exprca�ly waives thc hencfit of any�uch State lawt. '
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