HomeMy WebLinkAbout2024TO HAVE AND TO HOLD, the said property, together with all and singulaz the rights, members, heredi-
taments, and appurtenances thereunto belonging or in any wise appertaining, unto seCOa party, its ~uoCessors
and assigns, in tee simple forever; and first party hereby binds himself (itself ), his (its) heirs, a:stators, admire-
istrators, sutoessors and assigns, to warrant and forever defend said property unto second party, its sucoessars
and assigns, from and against first party, the heirs, e=ecx~tors, administrators, successors and assigns of first party
and all other persons whomsoever Lawfully claiming or to Claim the same or any part thereof.
PROVIDED ALWAYS, NEVERTHELESS, and it is the true intent and meaning of the parties fin these :a
presents, that if first party shall pay, or cause to be paid, unto second party, its successors or assigns, said debt a ai
sum of money, with interest thereon as aforesaid, and shall perform all terms, conditions, and covenants aooor~
ing to the true intent of said note and this mortgage and any other instrument securing said nobs and comply
with all the provisions of the Federal Farm Loan Act and all amendments thereto, and with the regulations
issued and that may be issued ~y the Farm Credit Administration, all of which are hereby made a part hereof,
then this mortgage shall cease, determines and be utterly null and void; otherwise it shall ranain is full force and
effect.
FOR THE CONSIDERATION AFORESAID, first party covenants as follows:
1. First party is Lawfully seized of said property in fee simple and has a perfect right M Convey same; there
are no encumbrances or liens whatsoeNer on said property except this mortgage.
2. Firstc ap rty will insure and keep insured as may be required by second party Pram time M time sIl.
groves and or horde now on said property or that may hereafter be thereon agamst Ions _or a by fire, wind-
storm, hail, hest, freeze, and/or other casualty, and all buildings now on said ~perty, anduildings which
may hereaker be erected thereon, agamst loss or damage by fire, hail, windstorm, and/or other cz~sualty, in
such form, such amounts, and in such company or companies, as shall be satisfactory tD second party, the loss, R
any, to be dyable to second party as its interest may appeaz at the time of the loss. First party w~11 deliver m
second party the policy or policies of insurance with mortgagee douse attached thereto satisfactory to second
Party, and will Prompdy pay when due all premiums for such iruurance. If any grove or orchard shall be do-
stroyed or damaged liy fire, windstorm, hail, host, freeze, and/or other casualty, the amount received in settle-
ment of the loss or damage may be applied at the option of second party on such part of the indebtedness
secured this instrument as second party may in its sole discretion determine. If any building on said property
so incur shall be destroyed or damaged, the amount received in settlement of the loss or damage may beap-
plied at the option of first party to the reconstruction 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 amendatory
thereof or supplemental thereto; and any portion of the proceeds not so used shall be applied on the debt hereby
secured in such manner as second party, in its sole discxetion, may determine.
3. First party will pay, when due and payable aIl taxes, assessionents and other dearges that may be levied
or assessed against said Property, and all judgments and all other amounts that may be or become a Lien thereon.
4. First party will keep in good order and conditioq preserve, and repair, rebuild and restore all terraces,
buildings. groves, ord~ards, fences, fixtures, shrubbery and other improvements, of every kind and nature, now
on said land and hereafter erected or planed thereon that ma be d~toyed or damaged by fire, windstorm or
otherwise, and will not permit the change, injury or removal thereof, will not commit or permit waste on said
land, and will not, eztept with the written Consent of second party, cut, use or remove, or permit the cutting, use
or removal of, any timber or trees on said land for sawmill, turpentine or other uses or purposes, ezCept for fire-
wood and other ordinary farm purposes. First party will also preserve and keep in good order and condition all
trees and timber now and hereafter growing upon the said property, and will at all times protect the trees and
timber against loss or damage by fires all to the satisfaction of the second party.
5. First party will at all times properly ferh7ize, cultivate, raze for, and maintain in a productive condition
all the grove and ord~ard trees now on said property or hereafter planted thereon, and will protect the groves and
aaoK179 P~f2022