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TO HAVE AND 'PO HOLD, the said pmperty?. together with all and singular the ts, members, heredi-
pmper
taments. and appurteaances thereunto belonging o~ in any wise appertaining, unto seoon party, its wooessors
and assigns, in tee simple forcver; and f~rst party hereby binds himself ( itself his ( its ) heirs, execufiors, admin
istrators, successors and assigns, t~o warrant and forever defend said property unto seoond party, its successois
and assigns, from and against firstparty, the heirs, iacecutors, administrators, sucaessors and assigns of first ~arty
and all other persons whomscever l~awfully daiming or to claim the same or any part d~eof.
PROVIDED ALWAYS, NEYERTHELESS, and it is the true intent and meaning of the parties M d~esa
presents, that if fust party shall pay, or cause to be paid, unto seoondparty
, its sucoessors or assigios, said debt ac
sum of money, with mterest thereon as aforesaid, and ahall perform a71 ternns, oonditions, and oaveuants acoor~
ing to the true intent of said note and this mortgage and any other instrument seairing said note, a~id oamply
with all the provisions of the Federal Farm Loan Act and all amendments thetetu, and with the tegulatio~s
issued and that may be issued by the Farm Credit Administration, all of wluch are hereby made apazt hereaf,
the.a this mortgage shall cease, detezminay and be utteriy null and void; otherwise it shall reanain in full forae and
~ effect.
j FOR THE CONSIDERATION AFORFSAID, first party covenants as follaws:
' 1. First party is lawfully seized of said prope~ty in fee simple and has a pesfect right to ooavey sam~ tLae
~ are no encumbrances or lie,ns whatsoe~ver oa said p~oparty ezcept this mortgage. ~
~ 2. First party will insure and keep insured as may be required by seoondp~ty from time M time all.
~ groves and orchazds ~w on said pmperty or that may hereafter be thereonag~nst Ioss -or e fire, win~
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~ ma hereafter be erected thereon, against loss or dama
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e, hail, windsto
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h form, such amounts, and in su
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h oompany or oampanies, as shall be satisfadory to seoond party, the loss, if
a any, to be payable to seoond party as its interest may appear at the time of the loss. First party will deliver b~
seoond party t6e policy or policies of insuranoa with mortgagee danse attached thereto satisfactory to secnnd
~artY, and will prom dY PaY when due all emiums for such insurance. If any grove or orcharci ahall'be de- ~
~ ment of the loss8o~r dama~e, m~a ~be~~, Led i
t~h o~on of seoond ~~tys~u~ ~part of the vindebtedness
securedby this instrumeng as se
and ~rty may in its ~le disczetion dete~rmine. If any building on said praperty
so insured shall be destroyed or damaged, the amount received in settlement of die loss ar damage may bea~
plied at the option of first party M the rewnstruction or repair of the buildings so des~royed or damaged. sub-
; ject to the regulations issued or that may be issued under the Federal Fazm I.oan Act or acts amendatory
~ thereof or supplemental thereto; and any portion of the prooeeds not so used shall be applied on the debt l~eby
secured in such manner as seoond party, in its sole diseretion, may determine.
;
~ 3. First party will pay, when due and pay
able~ all taxes, assessmenta and other diarges that may be levied
~ or asse,ssed againct said property, and all judgments and all other a~o~ounts that may be or beoome a liea thereon.
~ 4. First party will keep in good order and condition, preserve, and repair, rebuild and rest~ore all ben~aces,
~ buildings, grrn'es, orchazds, feuoes, fixtures, shrubbery and other im eaients, of every l~?d and nature, naw
~ on said land and hereafter erected or plaoed thereon that map be ~ wili ed or damaged by fir~ windsto~m a~ !
~F otherwise, and will not permit the change, injury or removal thereof, not oo~nnmit or permit wasbe an said
~ land, and will not, e:oept with the written oonse~t of seoond party, cut, use or remove, ar permit the cuttin~ use ~
~ or removal of, any timber or trees on said land for sawmill, hupentine or other uses or Purnoses, ezoept for fire-
~ wood and other ordinary farm purposes. First party will also preserve and keep in good order and oondition all
~ trces and timber now and hereafter growin8 nPon tLe said P~P~tY, and will at all times protect the trees and
~ timber against loss or damage by fire; aU to the satisfaction of the seoond party. -
~ 5. First party will at all times properly fert~'rr.e, cultivate, care for, aad maintain in a productive condition
all the grave and orchard trees now oa said property or hezeafter planted tLer~eon, and wiD protect the gmves and
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