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10&' 20..309
\T. lfIn[ COUNTY, rLA,
TO HAVE AND TO HOLD, the said property, togetMr with all and siDaular the riahta. members.
hereditamentll, ~ appurtenances thel"leunto ~ or in any wile a~, unto IeC.'Ond
party, ita successon and assigns, in fee simple fOl'e\"e1'; and lint party hereby bind8 hlJUelf (It-
self). his (ita) hein, execuiora. adminlatuton. IAlcceuora and --ens. to warrant Il!\d forever defend
said property unto second party, ita auccesson aM-"'", froai and agaiDst frfat party. the heirs,
, executors, administrators, succeuon and auign8 of first party and all other pe..nons whouuloever
lawfully claiming or to claim the same or any part ~-eof.
. PROVIDED ALWAYS, NEVERTHELEss, and it is the true intent and meaning of the parties to
these presenta, that if first party shall pay, or cause to be paid, unto second party, ita succeaors or as-
signs, said debt or sum of money, with interest thereon.. aforesaid, and shall perform all tem-.s, con-
ditions, and covenanta according to the true intent of said note and thb mortgage ana any other instru-
I ment securing said note, and comply with all the provisions of the Federal Farm LoaD. Act and all
I amendments thereto, and with the regulations issued and that may be issu~~r the Farm Credit Ad-
t' ministration, all of which are hereby made a part hereof, then thia;mortgage ceese, determine, and
be utterly null and void; otherwise it shall remain in full force and effect.
! FOR THE CONSIDERATION AFORESAID, fint party covenanta u folloW8:
I 1. First party is lawfully seized of said property in fee simple and has a perfect right to convey
, some; there are no encumbrances or Ii.... who......r on sald property ezeept tIUs morta..
I 2. First party will insure and keep insured as may be required by second party from time to time
all groves and orchards now on said property or that may hereafter' be thereon against loss or damage
by fire, windstorm, hail, frost, freeze, and/or. other casualty, and all buildings now on ~dpropl!rty, and
i all buildings which may hereafter be erected thereon, against loss or damage by fire, hall. windstorm.
'! and/or other casualty, in such form, such amounts, and in such company or companies, as shall be salis-
, factory to second party, the loss, if any, to be payable to second party as its interest inay appear at the
! time of the loss. Firat party will deliver to IecOnd party the policy or policies of insurance with mort-
. gagee clause attached thereto satisfactory to second party, and will promptly pay when due all premiums
i for such insurance. If any grove or orchard sb.all be destroyed or damaged by fire, windstorm, hail,
\ frost, freeze, and/or other casualty, the amount received in settlement of the loa or damage may be
applied at the option of second party on such part of the indebtedness ,secured by this instrument as
second party may in its sole discretion determine. If any building on said property so insured shall be
destroyed or damaged, the amount received in settlement of the loss or damage may be applied at the
option of first party to the reconatruction or repair of the buildings 80 destroyed or damaged, subject to
the regulations bsued or that may be issued under the Federal Farm Loari Act or acta amendatory
thereol or supplemental thereto; and any portion of the proceeds not so used shall be applied on the
debt hereby secured in such manner as IecODd puty, in ita sole diJcretion, may determine.
3. First party will pay, when due and payable, all taxes, --ents and other charges that may be
levied or uaeaed against said property. and all judgmenta and all other amounts that may be,or become
a lien thereon.
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