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FOURTH: That the mortgagor agrees to keep said premises and ~
improvements thereon in good condition and repair and not to com- t
mit or suffer waste thereof; to operate all lands whether improve
pastures, groves, grazing, timber, or crop lands, in a good and
husbandmanlike manner in accordance with accepted principles of
sound agricultural and forestry practices; to take all reasonable
precautions to control wind and water erosion; to fertilize, im-
proved pastures, if any, where necessary to maintain a good stand
of desirable grasses; to protect groves and timber, if any, by
reasonable precautions against loss or damage by fire including
the maintenance of appropriate fire breaks; and neither to remove
nor germit the removal of any timber, buildings, oil, gas, mineral
stone, rock, clay, fertilizer, gravel or top soil without the pri
written consent of the mortgagees. The mortgagees shall have the
right to inspect the mortgaged property at such reasonable times
and intervals as the mortgagees may desire, to determine the mort-
gagor's compliance with the covenants contained in any clause of
this mortgage.
FIFTH: That the mortgagor agrees to procure, maintain and
deliver, premiums paid, to the mortgagees policies of insurance
against such hazards on the buildings now or hereafter located on
said premises as the mortgagees may from time to time require, in
such companies and in such amount and form and with such loss pay
able clauses as shall be satisfactory to the mortgagees. The
mortgagees are authorized to assign and deliver said golicies to
any purchaser of this mortgage or to the purchaser of said premise
at any foreclosure sale. In the event of loss the mortgagees are
expressly suthorized and effipowered to settle or compromise claims
under said policies, and the proceeds from said policies as well
as any other.policies procured by the mortgagor shall be paid to
the mortgagees who at their sole discretion may apply same or any
partthereof on account of the indebtedness secured hereby whether
or not then due and payable, or may apply the same or any part
thereof towards the alteration, reconstruction or repair of said
buildings, either to the portion damaged or any other portion ther -
of, or release same to the mortgagor. Such application or release
' shall not cure or waive any default or notice of default hereunder
or invalidate any act done pursuant to such notice.
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E SIXTH: That in the event the mortgagor shall fail to procure
~ ~intain and deliver the insurance policies, premiums prepaid, or
~ to pay, as the same became due and payable, any tax or assessment
imposed by Law upon said premises or any part thereof, ar the note .
or indebtedness secured hereby, or to pay any Iien, claim or charg
against such premises which might take pr~cedence over the lien of
~ fihis mortgage or to comply with the provisions of Paragaraph Four
hereof, the mortgagees may, without notice or demand, insure any
~ of the buildings and pay the cost of such insurance and pay any of
~ said taxes, assessments, liens, claims and charges, or any part
thereof, or redeem from the sale of said premises for any taxes or
~ assessments (irregularities in the levy or imposition of any tax
~ or assessment being expressly waived), or redeem from the sale of
~ said premises resulting from the enforcement of any such lien, cla
~ or charge, or expend such sums as may be necessary to correct the
~ failure of the mortgagor to comply with the provisions of said
~ Paragraph Fourth, and the mortgagor hereby agrees imnediately to
~ repay to the mortgagees, without notice or denand, any sums so
~ paid with interest thereon at the same rate as specified in the
~ note secured hereby on the principal thereof after default and
~ maturity, and all sums paid by the mortgagees with interest shall
~ become a part of the indebtedness secured hereby, and in default o
~ immediate repayment thereof by the mortgagor the whole indebtednes
CHARIES E. BECHT secured hereby shall at the option of the mortgagees become due an
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wC~ECOUNTr payabZe forthwith without notice.
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