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HomeMy WebLinkAbout2636 1KORTGAGOR DOSS FUR1'NER mo txansier~ ~at nver, e~ss~n ~nd pledre unto Murt+t~ all trop~ now trowint and hera?tter~ro wn on the mortga~mises, henby givin~ and ~?ntin~ unto Mort~~ee a firrt ~nd prior lscn thereon. pravided~ how~evtx, th~t ~uch lien s all be ~nd is hereby made expresa y subjeet and ~ubordinate to any crop lien or trop tnortsa~e eneamberinr crnps ~which tome into ezietence prior Co toreclosure aale ~ pro~ided by thu moryCars, tb~ proriaions at eLwe 10 herwf nothwithetan~dinf. Any such crap lien or crop raortga~+e ahall aot baw~e~es. be ~ Zian priar to Wb morfsa~ on an~? erop eonaap~ into esutence aubsequenL to wid fox~eclosure s~?le. "Come inLo acistence" and "eomin~ into e~ciitanee shall, for tht purpoee of this mortgage, mean bloom ia the tase o! cropr trom pereunial plantinas and orchards, snd shaA mean planting in the dtae ot crops from annual or more frequen! plunt- ~nqs. Nothine henin contsined, ho~vever~ shall operate to subordipRte the lien ui this mortga~e u dfectin~ traea or othe: perennial planta but shaU w opersLe ai to the cropi harvestsd theretrom. 7'O NAVE AND 3"O HOLD the abo~e ~ranted and described prrmiaes unto Most~agee, ita ~uccea~ora and aesi~ns forever. Mortgxgor he~eby eorenanG that Marteagor is indefeaaibly eeized af the Mortgaged Premises in fee aim~le; thst Mortga~or ia in actual paasesoion thereo! and h~a fall power xnd ls~ul right to convey the ume in fee sxmple as aforeaa~d; thAt it shall be lavrinl for Mort~s~ee at sli timea to peaceably and quietly enter upca, hold, occupy snd enjoy sll of the Mortgz~ed Premiaes; thst the Mortgrtged Premiaea are free irom all ineumbrancea eucept as dore- an~d; thaE Mortgagor w~ll make auch further asaurxnce to prove Ddortgagor's fee simple title aa may be reasanably req~~ired and Lhat 8dortgagor will and shall fully warrant rnd defend the title to the same unto Mort;a~ee a~ains: the 3awiul claima and demands oi aU peraons whomeoever. PROVIDED, AL~i'AYS, and theee preaenta Are upon the expreas condition that if Mortgagor shall paq unLo Mortgagee the sums af money ae pmvided in the promissory note afornsaid and any extenaian~ or renewals thereoi and interest thereon, at the time and in the manner therein pmvided, whether in due coume or under any covenants or atipu- lations herein contained, and shall puy sll other indebtedneas or liabilities aecured hereby snd ahall well snd truly keep, perform'and camply with all Lhe co~enants, aqreements and stipulntiona herein contained, then the estate herebygra nted, bsrgained, sold and conveyed ~hsll ceaae and determine; otherwise these presents shall be and remain in full force and effect. And Mortgagor hereby jointly and eeverally covenanta and agrees to and with Mortgsgee aa followa: 1. To pay all suma secured hereby when due. 2. To pay all taxes and aaseESmenta at any time impoaed, levied or iessessed on the Mottgaged P~miaea or the indPbtedness secured hereby', or ihe Mortqagee`s interest in Lhe mortgaged premise~ before ihey bet.rome dtlinquent (an~? produce receipts therefor upon demand), and any claim, lien or incumbrance against the Mortga~ed Premisea which may be or become prior to this mortgage. 3. If the Mortga~ed Premises or any part thereof become embraced within the boundariea of snq irrigation, levec, dr~inage or other improvement district (e:cept achoo! or road) and such district sh~ll have power to isnue bonda or other evidence oi indebtedness nquiring the levy and col~ection of taxea in psyment thereof, the note hereby secuied ehali at the option oi the holder thereof, without notise, become due snd payable, notwithstanding etnythix~ coatsined in said note, or this rnortgage, or any law that may hereafter be enacted. 4. To keep the Mort~aQed Premieea other than lsnd continuoaely inaured agsinat loes by !!re ~nd' duch other hazards as may from time W tirne be requeeted by Mortgagee in companiee and in amounts in each companq u may be spproved by and be arceptsble to Mortgagee; sll ineurance policiaa shall cont~in the . u~ual standard mort~gee clause mxking the loes payable, without c~ntribution, to Mort~a~ee aa ita intenat zssay sppear, and shall be deliverbd promptly Co and held by Mortgagee. Not lees than ten days in advance of the axpiration, of each policy, to deliver to I4tortgagee a renewal thereof, together with receipt for the premium of such renewal, The proceede of any such ineurance or any part thereof may be applied by Mortgsgee st ita option, either to the indebtedness hereby soenred or to the reatoration or repair o1 the property damaged. 6. 'T'hat Mortgagor (i) will n~+t remove or demoliah nor slter the deaign or s~ructnrrl chars~er o! any bnildtn~ now or hereaiter erected upon the premiaea unlesa Motga~tee ahall first consent thereto in .writinQ; (ii) will maintain the premises in good condition and repair; (iii) will cornply with all isws, ordinances, regulations, covenanta ~snd restrictiona slfecting the premises, and will not euffer or permit any violation thereof; will fumiah such information respecting use and operation of the prcrniaee sa Mortgagee may from tirne t~ t:tne demand. 6. That Mortgagor (i) will not commit or suffer waate of the premises or impairment in anq msnntr o! the agricultural value of the land and without limiting Lhe generality, of the foregoing, will cultivate, irrigate, fertilize, apray, prune, replant orchards and citrua groves, keep the non-t,imber land free from foul ~nd noxioua oveeda, bruah and other undes~rab2e growths, provide for atock aelection, erop rntaii~n, drainage, prevention of erosion and paature maintenance in accordance v~rith good husbandry and the new approved methods of a~;ricultural development; will not cut er remove or suffer cuttil~g or removing any treea or timber on the premi~es (except for domeatic puzpoeea) or rernove turpentine or permit ~nq cupping for turpentine without Mortg~agee's written consent; (ii) wiU opente the timber lands on the premises in accordance with sound practices of production, care, and harvesting; (iii) will take those accepted forest aanitation and control measures whi~h are reasonably necessary to protect said timber land~ from disesse and insecL infestation; (iv) will tske all measures which are reaaonably neceasary to protect asid timber landa from loss by fire, which rneasurea shall be at least equai to fire control practices generally follawed on timi>er producing property in the ~ame general area, includin~ the adoption of suitable prevention and control measurea, the maintensnce of mads in such msnner es to permit access of mobile fire-fightir.r~ equipment to aIl parW oi the timber landa, the maintenance of fire ]anes, pzoper diaposal of slash and slabs and fnll co-operation with atste snd federal agenciee an mstter of fire prevention and control. T'hat as often es forest, wild fire or other hazard, inc~uding windstorm, damage the timber lan~a, Mortgagor r.hsll deliver to Mortgagee within 2'0 days sfter the happening of each such occurrence, a detaile~i atatement in writ- ing, apecifyin~ the number oi acres damaged and an estimate of the nature and extent of the resulting damage; thsL, if in the opinion of Mortgag~ee, anch measures or equipment are inadequate, the M~rtqaqor will upon vrritten request of the Mort~a~e, adopt auch add9tional measurex uru7 acqvire and maintain auch additional ~ire-figh~ting equipment sa t~e Mortgagee may require. 7. To pay to Mostgagee upon dernand all auma, inclnding coets, ~xpenee and reaaonsble agent's an~d attornsy's iees which it may expend or become obligated for in proceeding., legal or otherrovise, to eetabliah or austain the lien he;eof or ita priority, or in defending against Iiena, claims, righta, eatatea or esaemente of anq peraon or peraon~s aaaerting prioritq hereto, or in psyment, seGtlement, ~ischarge, or release of any ssserted liens, claimn, ri hts, eaae- menta or estates on counael ad'vising Mortgsgee that the same is superior to the lien hereoi, or tor an ~atr~ct or aupplementsi sbatr~ct, together with interest nr~ all such sums so paid at the rate of ten per cent (lOq~) per annum on the date the eame a~e paid. Mortgagor algo covenants and agreea to pay aii coats, charges and expenaea, includin~ reasorsable attorney'e feea and rammias~ona an~i aMtract charges or expenses paid or incurnd bq Martgagee in con- nection with any euit to enforce co!]ection or to foreciose this morkgage in the event this~mortgage and t}~e note or other indehtednesa and amount~ hereby secured be placed in the hands of an attorney for coElection, and for ths pay- menk af sll auch smounta thia mortgage ahsll a'tsnd as aecurity and any euch aum or suma so paid xhall l~eome s part of tkie indebtedneas secured heteby. 8. In case Mortgagor shall fail to prompLiy discharge any obiigation or coeenant as provided herein, Mortga~ee eh~tll have the option, but no obligation, to perform on behalf of :4fori~agoT. Any amount which Mortgagee may expend in periorming nuch sct or in ccrnnection therewith, with interest then:~n at the rate of ten per cent ~109'0) per annum. to~ether with ~il expenaea, incIudin~ res:wnable attorney'a fees ineurred 'uy Mortgagee, shall be immediately payable by lsortgagor and ehall be secured by this mort~g~~e, snd ldortgagee shall be subrc~gated to any rights, equities or liena so diarhar~ed. ~ ~ 1?2 ~~~x ~