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Home My WebLink About0182 ~ ~ . 0 i ~ ~a~ ~~c ~ a~s ~ by ~~a ,~t~unu~g prop~r f~lcs an and around said prop- i erty, and by keaping undergi~owth cut, to the satLsfactlon of seoondp~ty. F1rstputy will not top-work the grove or om.hard troes without first obtaining the wdttea cansent of seoond ~u-ty. Sec~n- nd party is hereby a~ithorized and ~apowered to have app of saidP ~ rtnade by a I.s~ad ~a -nk appra~L~ser, or by others, at such times ; as seooa~d parcy, in its sole dis~ u. may aesire~The oosc of such s~ppralsals shalt be paid by first parcy imA,edi- ately upon presencation of an icem3zed saiteaaent the~eof and shall be secured by thia instrumeat, i S. Ttme is of the essenoe of said Aot~e? sud of t~ it+strument. lf first, party fails to rnmply with any oove- ! aant, condiaon or a~eerr,enc;n d,~s inatrument a~ ~u d,e a~d noc~ or any reRmortizaa~, reAew~l, defern~ent, or ' e:t~sion agreement, second pArty may, at ib opHao, ezerdse any one or inore oE the following rlghts, powers, j privileges, and sea~edies: - - ! (a) P~form any aaae ar m~e of the oavenants of Nrstparty in this instrumeQt arya in ii~ suid nae, snc~ , all amounts advanood by seoond~arh? in doing so s7iall be due and payable first ta seoond ~ party innn~,ediately without notia~-,wd shall be sec„red by chis instrumen~ aud~shall beer ~ fi+ura ~e data af advaaoe by seoond party at the highest rate p~ovided in said note. ~ (b) Dedare all arnounts secured by d~is instrument inomediAtely due and payable without aatioe. i I ~c~ ized by lainnrmediately to foredose tbis mortga8~ and pursue such other remedies as may be Autho~ 7. As fiuther sccudty far tl~e ga~t of d~e aote herein clescribed and for the performance of all the terms~ oo~nditions, and oovenants of said note and of this nnortgage, fiistpa~y hereby transfers, assigas, and sets over to seooadp~y all af the sown ac growing upon d~e said mort$a ed premises at the time of filing suit for foreclosure bereof and d~ter, and all of the rents, issues, ~er?d p~ts of die said naoitgage~d prernises ~I unpaid and unoollected at ihe time of filiag sait for fo~edosure hereof and thereafter, and upon filin suit for ` foredasuse, or at any time thereafter, seoond pariy ahall be e~Hded to have a reoeiver appointed ta e char e ; of t~e s~id mortthere~from~hereb aui~ sowa orgrowu~g t6ereoq togethcr with the said rents, issues, and ; pmftts arisin8 Y gned. and hold t~e same sub~ect t~o the order aad direction of the court. I' 8. First Party oovenants that be vriU not_pe~fo~rm ~ny act which might impair or tend fio impair the con- ; tiauation on the properiy h~xeir? ciescribed af all crop allotments and aaeage allotmeats now ~stablished or here. ' af~r ~ablished on aay of tbe property he~n d~ed. . ; ir 9(a). Ia the event seoondp~ty beooa~es a to anY legal prooeedin8 (exduding an action M foreclose i1 this mortgage or M onllect the debt he~eby , involving ihis mortgage or tl~e premises described h~ein (in- i~ cluding but not limited to ths tide fio ti~e lands descnbed above), seoond party may slso recover of first ~ all ~ oosts and reasonably incurred by t~e mortgage~ induding a reavonable attorney's fee, whic oosts, an~ 's fee whea d seo~nd a shall boome a ' e~p~ ~ney Pai bY p~y part of die debt secured h~eby and sl~all be unmediately payable upc~n demand, and slzall draw interest fram the date of advance by seoond party untii paid at tbe highest rate provided in said note. i~ i! 9(b). In the e~vent said debt, or aay thereof, is established by or in any action for foreclosure of this '.:,';rr!e.-°e *v!*fi? aLa, reoover ~ pariy. in additioa fio the said debt or so much thereof as shall be unpaid, a rea.s~na~le ~ee for the attomey of s~ecand party for professional servioes readered in such action, sucii j fee to be inoorpo:ated in the d~e of foredoaure in such action. se I I0. First shall hotd and enjoy the said premises until default in payment of any of the installments as ~ provided in sai note or a breac~ of any of the cove~ants or conditions of said note or this mortgage shall be made; however, any agent or employee of seoond party or any peRSOn designated by second party may enter upon ;i said premises at any time for the purpose of inspecting same or for any other purlwse desired by seoond party, !i 11• A11 amounts that may hereafter be $warded for candemnation of, and waste and tortious injury to, any j of the property hereby encumbered are hereby assigned and shall be payable unto second party for application, ; i after payment therefrom of attorney s fees and e:penses incurred by first party and ~ seeond party in oonnection ! I tbeirewith, on such part of th~e indebte~ sec.vred hereby az sefaond pariy may etenmine, ~vith no duty on ~ seoond party to oollect sam~ ~ ! 12. 1'his instrument is subject to the Federal Farm Loan Ad and all acts amendatory thereof and sup- ~ ;i pleme~atary thereto, and regulations issued diereunder. Al1 n'~hts, powers, privileges, options and remedies and rights ailowed by law, may be putsued ooncvmendy, and shall extend to ard may be exercised and enjoy ed liy ? the sucoessors and assignc of second party, and byr any agent, officer, atton~ey or representative of second party, its successors or assigns. AA obligations of, and assignments by, first party herein and hereunder shall extend to ~ ; and be binding upon the heirs, executors, administraMrs, suoc~essors, and assigns of first party. ~ IN WITNESS WHEREOF, first party has heceunto set his hand and seal (and if first party is or includes a mrporation it has causecl tNese presents to be e~ecuted an~its oorporate seal to be hereto affixed by its proper _~ficers thereunto first duly authorized), this day and yeac ir~t above written. - i; 'i g;gnecl, Sealed, and Delivered , in the presenoe of: ; . . . ~ r ~ ~ ~ ~L./ y+~~ . ~Sr+l1L, ` Doro y f Stevens ~ J ---(S~~ ' ; ~vo witnesses as o Dorothy Huff ~ Stevens and W. Bonfoey Stevens ~~SEAL) W. Bon y Stevens ' -(SEAL) ,I ~ ----~SEAL) ~ ~ (SEAL) f ; i ~ ~ ~ _ ~ . _ _ ; - - - ~ : , ,s~