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Home My WebLink About2732 t•. . . , TO HAVE AND TO HOLD, the said property~ together with all and singulaz the rights, members, hcxecii- taments, and appurteaances thereunto belonging a~r in any wise appertaining, unto seoond Party, its a~ooess~rs and assigns, in tee simple forever; and first party hereby binds himseif ( itself his ( its ) heirs, eaecvtors, admi~r istrators, successors and assigns, to warrant aad forever defend said property? unto seoond party, its successors and assigns, from and agunst first p~a~, the heirs, executors, administrators, suooessors and assigus of first party and au ocher persons whomsoever L y claiming or to claun the same or any parc thereo~. PROVIDED ALWAYS, NEYERTHELFSS, and it is the true intent and meaning of the parties fi~ d~ese ~~c pr~cents, that if first PartY Shall PaY, or cause to be paid, unto seoond party, its sucoessors or assigos, said debt ot ~~r f sum of money, with inter~st thereon as aforesaid, and shall perform a11 teru~s, oonditions, and ooveaants aocord- ; ing to the true intent of said note and this mortgage and any other instrument sec.vring said note, and oo~nply ~ with aU the provisions of the Federal Fazm Loan Act and all amendments therebo, and witb the regulations ~ issued and that may be issued by the Fann Credit Administration, all of which are hereby made apart hereof, ~ th~ this mortgage shall cease, determiney and be utteriy null and void; otherwise it shall remain in full foroe and ~ effe~t. ~ FOR THE CONSIDERATION AFORFSAID, first party oovenants as follows: ~ 1. First pazty is lawfully scized of said property in fee simple and has a perfec:t right to oonvey same; ffiere ~ are no encurnbrances or lieas whatsoever ~ said pmopert7? exoept this mortgage. 2. First party will insare and keep insured as may be required by seoondparty fm~o~ time to time all. groves aud orchards now on said property or that may hereafter be thereonag~wst Ioss or e b fir~ win~ ~ storm, hail, froat, freeze, and/~ other casualty, and all buildings now on sai'd pr~petty, and~~stll uilyding,s wLich ~ may hereafter be erected thereoq against loss or damage by fire, hail, windtt~rm, andlor ot~er casualty, in such form, such amolmts, and in such oompany or companies, as shall be satisfactory to seoond party, the loss, if any, to be payable to seoond party as its interest may appeaz at the tinoe of the loss. First party w71 deiiver to second party ttie policy or policies of insurance with mortgagee dause attached thereto satisfactary to seoond party, and will prompdY PaY ~*?t?en due all premiums for sudi insurance. If any grave or orchaid shall ba de~ ~ stroyed or damaged by fire, windstorm, hail, frost, freeze, and/~ odier casualty, the amount reoeived in setda- ~ ment of the loas or dannage may be applied at the option of seoond party on suchpart of the indebtedness secvredby this instrumeat s~s seoond party may in its sole discr~ion determine. If any building on said property so ins~ued shall be destroyed ~r damaged, the amount received 'm sEttlement of the loss or dau~age may be ap- plied at the option of first party to the reoonttruction or repair of the buildings so destroyed or damaged. sub- ject to the regulations issued or that may be issued under the Federal Farm Loan Act or acts amendatary ~ thereof or supplemental thereto; and any porti~n of the prooe~ds not so used shall be applied on the debt hereby ~ secured in such manner as second party, in its sole discretioa, may determine. 3. First party will pay, when due and payable,, aD dues, asseuments and ot6er chuges that me~y be levied ~ or zsscssed against said property, and all jud,g~neats aad all other amounts that may be or beco~e a liea thereoa. { ~ ~ 4. First pstrty will keep in good order and oonclition, preserve, and repair, rebuild and res~ore aD texraces. . ~ buildings, groves, orchatrds, fences, fixtures, sh~vbbery and other im emeats. af every kind and nature, na~w gro ~ on said land and hereafter ereded or placed thereon that may be ~ ed ~ damaged by fire, windstorm ar ~ otherwise, ~nd will not perir~it the c~ange. inj~m or rernoval ther~eof, ' aot oommit or permit was~e oa said land, ~1 will aot, e:oept with tLe written canaeat of seoond puty, ait, use ar remo~ve, ar pamit tbe catting, use or remaval of. aay tlmber or trees on said land for sawmill, turpentine or other uaes or purposes, e~ocpt for fire- ~ wood u~d other or ' farmp . First will also e and keep in good order and ooodition all ~ trees and timber caw ~ her te~f e~gio~?ing u~tbe said prop~y, and wtll at all times protect tbe trees aad ~ timber aga;r,sc lou or damage by firey alt eo che satisfaaion of t6e seoond party. S. First party will at all tia~es pc~perly fMilize, tultivat~ care for, aad n~aintain in a productive eonditioo ~ aq the grove and orchard trees no~w oa said property a~ here~fter planted d~+eon, aad wi11 Protect tbe gt~o~ves and ~ ~ . ~~n . z. W _ ~