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Home My WebLink About1597 :.lDt • r~, 4 ~f ' ' - ~ ~ . ~t . ~ f _ . ~ ! ~ ~ . r . ~ t; ~ ' i ~ I i V ~ ~ ri ~ H~~! ~ Sa1d ~T~~s ~~'T Wl~l ~ ~ $1Dgll~r ~}It f1g~Sl ~tlE~ ~ ~ meats. aud ap~urtes~agoes tbem~ubo ~loogiug or ia aay w~se u~~o seooud party, its snooe~aors and as- E signs, in fa s~mpie for~ver: and first party fienby binds ' (i~df), hia `(its) he[r~s, execntors, ~s, suooesso~a aad assigns, to warrant and forever defend said pcapaty unW second_ party, its auoce~ors and from ancl against 5rst party, th~ heirs, executors, snaessors and assigns of firat partp aad all~ pecsoos vv6o~nsoever larrfully c~S.or b~ claim the s~tne oc any part thaeof. PROVIDED AI.WAYS, N$VERTfI~LESS, and it is the tra~ intu?t aad meaaing of tlx parties to d~eae praentis, tt~at if firat ~arty ahall pay. or cause to be paic~ nnb~ aeoond party,~ its suocesaors or assigns, sa'id debt or sum of m~ey. with mterest thacon aa aforesaid, aad shall perform aD terms, condittons, and oaveaants aooording to the trne inteat of said note and this mortgage and suq otha msh~t securing said note, aad oomply with aU tt~e pravisio~s of the Federal Farm Loan Act and all ammdments therebo, and with the regulations issued and tbat may be ia,wed by the Farm Credit Administration, a11 of which arc he~rby made a part ha eof, thm d~is ~agt shall aase, determine, and be utterly null aad void; otherwise it sha]1 remain in ivll fone aad effaK. FOR THE CONSIDERATION_ AFORESAID, fust party oovenaats as follows: 1. First party is lawfully aeiud a~ said ~mperty ia fee simple and has a perfect right to aonvey sanne; then are no a~cumbrances or lirns whatsoever on said properl}? exoept this mortgage. . 2. ~irat party will insure and keep insured aa may be required by sa~ond party from time to tinne all groves and orchards now on said property or that may hereaftei be thereon against toss or damage b}? fire, windstorm. irail, fr+oat, freeu. and/or other rdsualty, and a11 bw'ldings now on said pmperty, and all buildings which may here- aker be erected thaeon, against loss or daa~age by fire, hail, windstorm, and/or otha casualty, in such form, such amounts, and in such oompaay or oompaiues, as shall be satisfactory to second party, the loss. if any, t~ be payaWe to seoond party as its intereat may apQear at the time of the loss. First party will detiver b~ second party the policy or policies of insurance wid~ mortgagee clause attached thereto satisfactory to secand party, and wiU gro~nPVY PaY when due all premiuma for such insaranoe. If aay grove or orchard shall be desti+oyal or damaged by 6re, v+nnd- storm, ha~, frost, freeze, and/or other caaualty, the amount received in settlesnent of the loss or damage maq be applied at the option of seoond party on such part of the indebtedncss secured by this instrument as seoond party may in its sole dixretion determine. If aay ba~dmg on s+id property so insured shall be destroyed or damaged, the amoimt received in settkinent of the lose or damage may be applied at th~ option of first party to the raonatn~ctiop ~ or repair af ~the buildings so desttoyed ot damaged, subjcd to the rrgulations issued ot that• may be issued under . the Federal Farm I.oaa Act or ub ameadatory thereof or snpplemental tbereto ; and aay portion of the proceeds not so nsed shall be appliod on the debt herebq secured in such manner as second partq. in its sole discretion, may detemuna 3. ~irst party will pay, when due and payable, alt taxts, aases.unenb aad other charges that may be levied or assessed against said property, and all judgments and all othet arnoimts that any be os booome a lim thereon. . _ ~ - ~166 ~~5~ _ - - - - ~ ~.~-,~,w: ' ~ _ _ - - _ _ _ . _ _w;~. . - ~M:~.::