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TO HAVE AND TO H~LD, the saia property, toS~a' with sll and siag~ilar tbe righb, membcrs, heredita-
mmts~ and sp~urtenances dxre~mto bdooging or m~y wise , nntiu seoond portr, its suaessocs sad as-
signs, in fee s~mple iac+~ver; aad 5sst party haeby b~ads ' (itsdf), his (its) heirs, aoect~ors, adm~
succeasoss and ss~OS, ~o warraat and forrver dafead raid pnopecty imLo ~ooo~ad party, its aoooeseors and :suga:.
fr~ and against 5s~st pa
qtt
, the heirs, executors. administrators, su~rs and ass~gns of first partr and sII other
persons vvLo~.soevu lawfiilly chiming or to claim the same or au~r gart thereof.
PROVID$D AI.WAYS, NEVERTHEL$SS, and it is du truc intent and maaing of the puties to thae
p~+eaenb, thst if 5rst pnrt~ sball pay, or ~xse to be p~id, u~a seooad party, ita snocessors c~ asaigas, said debt or
sum of moncp, v~ith inba^est theteon ss afoz+esaid, aad shall paform all tierins, coaditions, and co~ts aooordia~?
to die trae intmt of said no~e aad this mortgage and smy otha ~t a~r~ said note, and compl~ with all the
p~ovi3ioas of the Fedual Farm Laaa Act and all aaxndments thereto, _ and with the regulations isaned and that
may be issued by the Farm Credit Administration, aU of which are haeby made a part heraof, thm this martgage
sball aase, determine, arid be ~rttedy null aad void ; otherwise it shall remaun in fu1! fora aad eflect.
FOR fiIi~ CONSIDERA'rION AFURESAID, 5rst party covenaats as foltows: •
1. First party ia hrvfnlly seized of said ~roperty in fa simple aad has a perfect right to c~nvey same ; ther+e
are no ma~mbraao~s ar lieas whatsoevu oa sad property ef_cept this mortgage. ~
2. F'u~t party will insure and keep insnred aa may be required by seooad party from m~ae to time all gmv~es
aad oraou+ds now on aaid propatp ar that may haeafter be thereon againat loss or fire, windatorm,
e damsge by
ba~, fr~st, freeze, and/or othar casuaity, and ait bu~dings now on said property, and a~l buildings which may bero-
afoer be erectea thueon, against loss or damage by fire, ha~, windstorm, and/or other casnalt}r, in such form, such {
an~ounts, and ia snch company or compatues, as shall be satisfactory to seoond party, the loss, if anq, to be payable ~
to second pazty as its interest may appear at the tim~ ~f the loss. ~irst party vrii( deliver to second party the policy
or polieies of insurance with nx,rtgagee cL3::se attached thereto satisfactorp to sacond party, and will F~P~Y PaY ~
when de~e all premiums for such insuranoe, If any grove or onhard shall be destr+oyed or damaged by fire, v~nnd-
storm, hail, frost, fneze, aad/or other casualty, the amount reoeived in seltlement of the loss or daznage may be
applied at the option o~ seoond p~ty on such part of the indebtedness secnred by this instrument as seoond party
may in its sok dixretion detamme. If any building on said proprrty so insured shall be d~r~y~d or e~, the
aznount received in settkrneut of ihe loss or damage may be apQlied at the option of first party to the reco~nstruch'on
or repair of the buildings so destroyed or damaged. subject to ffie regulations issued or that may be issued under
the Federal Farm I,oan Ad or acts anta?datory thereof or snpplemental theretio ; aad any portion of the proceeds
not so uxd shall be apptied on the debt hereby _socured in snch manner as aeoond party. in its sole discretioa, may
deternrina . ~
3. F~irst partp w~l pay, when due and payable, all taxes, assessments and other charges that may be levied or
assessed against said properg. and aU judgmeats and all otha amonnta that may be ar beoane a lien thereon.
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