HomeMy WebLinkAbout2688 AIORTGAi''i08 DOI~S FURTHER too , truna!'er, set over, aa~ign and pled~e unto ~urt~asee ~ll erop~ noMr
~rowin;~ und hereaiter `rnwn on the mort~a~premises, hareby giving and eranting unto U[ort~sg~e a fir~t ~nd prior
lien tber+eon, pro~ided, lwwe~er, thst a~ch lien ahall be pnd ia hereby made exprea~ly subjecL and ~ubordinaLe to any _
rrop lien or crop mort:a~e encumbering etopa which come into exiatence prior to forerlosure sale Rs pmr?ided by this
mort~~,c. tha provisiau of elawe 10 hereot notlewitkatandin~. Any such crop lien or erop mort~?~e sb~ll nol~bo~wever.
be • liea prior to t6is mortsa~ on sn~+ crup coaoi into ez~atence au!?scquen! to said lorecloaure a~be. "Cwne inLo
exietence" and "comine into e~cistence shall, for ~e purpose of thie mortgagr, mean bloom in the case of erops fro~
perennial plsntinas and orchards, and nhall mean pianting in the caae of crops irom annusl or more ire4uent piant-
tnqs. Nothing henin contained, however, sh~U operate to subordinaUa tht lien of this mortg~s~e ae affeeling~+Lreea or
other perennial piants hut shaU w operate as to the cropr harvested therei'rom,
TO IiAVE AND TO XOLD tbe abo~e rrsnted and deecribed premiaea unto Mortgsgee, ita succpaars and aaai~as
forever.
Mortgagor hereby covenants that Mortgagor is indefe~?aibly aeized of the ~ortgaged Premieea in fee aimple; th~t
Mortg~or is in sctusl pa~as~sion thereoi •nd hns full power and lav?ful riRht to convey the same in fee ~unple rs
. aforesaul; that it ahsll be lawiul i~r Mortgsgee at all timea to peaceab:y And quietly eriter upon, hoid, occupy and
enjoy sli of the Mortga~ed Premiaes; that the Mortg*ged Premiaea are free irom all iacumbmncea except ra afore-
aaid; that biortgagor w~il make snch further assurance tn prove Mortgagor's fee simple title ~a insq be reaaonsbly
required and that Mortgagor will snd shatl fully warrant snd defend the title to the axme unto Mort~a~ee a~sinet
the lswful claims and demanda of atl peraona whomecever.
YROt'IDED, AL{i'AYS, and theee presenta sre upon the expreas condition that if Mortg~ag~or ahall pay unto
Mortgagee the sums of moneY as provided in the promissoay note aforesaid and any extenaions or renewals thereaf and
intereat thereon, at the time and in the manner t}:erein ~rovided, whether in due course or under any covenants or etipn-
lati~ns herein conta~ned, and shall puy all other indebtedness or liabilities aecured hereby and shall well and truly keep,
perform and compty with all ~he covenanGs, aqreementn and stipult~tions herein contained, then the estate hereby granter3,
barqained, suld and conveyed ahall ceaae and determine; otherwise these presents shall be and remain in iull force
and efYect.
And Mortgagor herebp jointly and aeverally covenanta and agrees tu and with Mortgsgee as foliowe:
1. To pay ait sums xecured hereby when due.
'l. To pay all taxes and asaessments at any time imposed, levie3 or sasessed on the Martgaged P'remieea or the
indebtednecq serured hereby, or the Mortgagee's interest in the mort{~agr~d premises before they become delinqutnt
(and produce receipts therefor upon demand), and any claim, lien or incumbranre agaisut the Mortgaged Premiaes
which may be or become prior to this mortgage.
3. If the Mortgaged Premiaes or any part thereof became embraced wi~hin the beund~ri~s of r?ny irrigstion,
levec, drainaQe or other irnprovement district (except school or roadl and nuch district shal! have povrer to isaue bonda
or other evidence of indebtedneas requiring the levy and collection oi taxee in payment thereof, the note herebq secuted
shall at the option of the holder thereof, ~vithout notice, become due and psypble, notwithet~nding anythfin~ contiained
in said note, or thia mortgage, ar any taw that may hereatter be enscted.
4. To keep the Mortgag~ec3 Premisee other than tand continuouely insured againet loea by i{re and auch other
hazerds ae ms?y from time to time be requested by Mortgagee in companies and in amo~nta in eseh oompany aa may
be appmved by rnd be accep.table to l~ortgagee; all insurance policies ahall contrin the u~ual ~tandard mort~s~ee
clsuse making the losa payable, withouL conttibution, to Mart~s~e ae ita interest maq ~ppear, snd ~h~U be deiivered
promptly to and hstd by Mortgagee. Not leaa tt~an Len days in advsnce of the expintion oi each policy, to deliver
to Mort~agee s renewal thercof, to~ether with reee~i~ pt for the premium o! auch renewal. The proceeds of ariy such
inaurance or any part thereof may be applied by Mortgagee at ita option, either W the indebtednaas bereby secnrsd
or to the re~toration or :epair oi the property damage~i.
b. 'That Mortg~gor (i) will not nmove or demolish nor siter the deei~n or etructu:al character ot any buildin~
now or heresiter erected upnn the premiees unlesa Motga~ree ahall first conaent thereto in writin~; (ii) ~vill maintsin
the premiaee in good condition and repair; (iii) will comply ~vi~th all laws, ordinancea, re~ulations, covenante ~nd
restrictiona alfecting the premisen, and R-ill not suffer or permit ~ny violation therevf; will furnieh such informstian
respecting use an~' op~rration of the preznisea sn Mortgagee may from time to time demand.
6. That Mortgagor (i) wil! not comm;t or eufier waeie of the premisea or impairment in tny manner oi t,he
egricultural value oi the ls~nd and without,limitin the ¢eneralit~+ oY the foregoing, will cuitivate, irri~te, tertilize,
apray, prune, re~lsnt orchsrda and citrua groves, ~eeg the non-t~mber Iand free from ioul snd noxioua w+eeds, braeh
ar.d other undes~rable growtha provide for ntock eeiection, crop rotation, draina~e, prevention of eroston ~nd paeture
maintenance in ac¢ordsnce wit~ good husbandry and the new approved methods of agricultural development; aill not
cut or remove or suffer cuttirig or removing any trecs or timber on the premiaea (except tor domsat~c purposee) or
remove turpentine or permit anq cupping for turpentine witnout Mortgagee's written conaent; (ii) will Aperste the
timber landa on the premises in accordance with sound practicea of production, care, and harvesting; (iiij wil! tatke
those ~accepted forest ~anitation and contml measures which are ~asonably nece~aary to protect said timber lands
from disease and insect infesiation; (iv) will take all measures which are reseonabIy neeessary to protect said timber
lands from toss by Yire, which measurea shall be at least equal to fire control practi~ces generaily followed on timber
producing property in the same general arem, includina the adoption o.' auitable prevention and cantrnl ~mesauree, the
mair,tenance of rnsda in auch manner as to permit secess of mobile fire-fightinq equipment to all parta oi the timber
landa, the maintenance of fire lanr_s, proper diepoeal oi slaah and slahs snd fuil co-operation with atate and tcderal
agenciee on matter of fire prevention snd con4rol.
That aa often as forest, wild fire ar other hazard, including windstorm, damage the timber lands, Mortga~gor
~.hall deliver to Mortgagee within ZO days after the happening of each such occurrence, a detailed statement in wri~
ing, specifyin~ Lhe number of acrea damaged and sn estimate of the nature and extent of the reaulting damage; that,
if in the opin~on of bSortgagee, euch measvrea or equipment are inadequate, the ~iortgagor will, upon wzittea requeet
of the ~tortgagee, sdopt auch sdditional measurea uns3 acquire and mafntain euch additional tire-tighting equipraant
aa the Mortgsgee may require.
7. To psy to Mortgsge~e upon demsnd atI euma, including costs, expenee and reaaonable s~ent'e and sttarney'~
~ feea ivhich it may ezpend or become obligated for in proceedings, legai or otherwiae, to establiah or awtafn the lfen
hereoi ar ita priority, or in defending agxinat liens, claima, righta, estatea or easementa of anq penon or peasonR
~ ssaerting priorety hereto, or in papment, aettlement, dischnrge, or releeae of any asaer~ted liena, clAima, rights, essr
menta or estatea on counsel advia'rng Martgsgee that the same is superior to the lien hereof, or for an abstract or
eupplemental abetrsct, to¢ether with intereat on all ssch sums ~o paid at the rate of Len per cent (10%) per snnum
on the date the eame are paid. Mortgagor aleo covenants and agreea to pay all casts, charges and ezpienaea, includin~
rr.sson~sble attorney'a feea and commiasiona end ebstract cherqea or ezpensea pard or incurred by Mortgag~ee In con-
nection with anq euit to eniorce tollection or tn foreclose this mortgage in the event thia mortgsge snd the nott or
other indebtednesa and amounts hereby aecared be placed in the hanaa of an attorney ior collection, and far the pap-
ment of ai1 auch amoanta this mortgage ahall atand as eeeurity and any auch sum or auma so paid aha:i become s part
of the indebtednesa secureci hereby.
8. In case Martgsgor sha~t fait to pmmptly discharge any ob]i,qation or covenant as provided hezein, Mortgs~e
ahRll h~ve the option, bat na obligation, to pertorm on behalf of blai-tgagor. Any amount which Mortgwgee may expend
in perfortning nnch act or in connection therewith, with intepeat thereon at the rate of ten ptr cent (lOqo) per annurn,
Lo,~e~ther with all ezpenaes, includin~ resaonsble sttorney's fees incaned by Mortgagee, ahall b~e immediately psy~ble •
by MortgsAvr •nd ehsll be secured by thia mottg~e~e, and Mortgagee ahall be aubrogsted to sny righte, equitiea or liene
eo diashar~d.
r
SG~,t ~k. ~
~~J