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Home My WebLink About0856 i~ . • i M'L . ' • . tr' . _ I ' . c'~__-- • • _ ' _ ' _ ' . - ~ ~ ~ I • I ' i ~ I 1 I,I ' I~ II I ~I ~ ~ I II ~i ~i li ' j il I' ~ I . i ~ i~ . . ~ i' I~ li Ij ~ ' ~ _ I~ ' 1'O HAVE AND TO HOLD, the said pr~perty. together with sill stnd singulaz ~ts, members, Letedi- taments, and appurtenances thereunto belonging ~ in any wise appertaining, unto pazty, its sva~ssors and assigns, in tee simple forever; and first party hereby bind,s hunsclf ( itself his ( its ) heirs, e~tecutors, admin- ~ istritors, successors and assigns, to warrant and forgver defend said property unto aeoond pariy, its sucoessoss i and as~igns, from and against fust party, the heirs, eaecutors, adnninistrators, suooes.tors and assig~ais of first party Ij i' and all other persons wbomsoe.wer lawfully claiming or to claim the same or any part ihereof. PROVIDED ALWAYS, NEYEflTHELFSS, and it is the true intent and meaning of the pazties to these I Presents; that if first party shall pay, or cause to be paid, unto seoondparty, its suocessors or assign4, said_ debt ae sum of money, with interest diereon as aforesaid, and aball perform all terms, conditions, and eoveaants aoour~ `j ing to the true intent o# said note and this mortgage and any other iastrument secxiring said not~ and oo~?ply ; ii w;th all the provisions of the Federal Farm I.oan Act and all amendnne,nts tberebo, and with the regulati~ns k issued and that may be issued by the Fazm Creclit Administration, all of which are hereby made ap~r~ hereof, then this mortgage shall cease, determiney and be utter}y null and void; othe~+ise it shall r~nain in fu71 foroe and ~ effect. ; f Ii FOR THE CONSIDERATION AFORESAID, first party oovenants as follows: ~ 1. First party is lawfully seized of said property in fee simple and has a perfect right to oonvey sam~ there ~ are no encumbrances or liens whatsoe~ver an said psope.rt~? exoept this mortgage. m j` 2. Firsc party will insure and keep i~sured as may berequired by seoond fr~om cime to rime all. groves and orchards now on said property or that may hereafter be thereon ap,ainst oss a~ d~ fire, wind- storm hail, frost, freeze, andlor other casualty, and all building,s now on sai7 ~r~perty, and all dingt wluch may ~iereafter be erected thereon, against loss or damage by fire, hail, windst~orm, and/or ot~x c~alty, in such form, such amounts, and in such oompany or canpanies. as s6all be satisfaMory to seoond patty, the loss, if any, to be payable to seoond party as its interest may appear at the time of the laas. First party will deliver bo second party the policy or policies of insurance with mortgagee dause attached thereto satisfadory to seoand ~i pazty, and will prompdy pay when due al1 premiums for such iosurance. If any girove or ord~ard shall' be de- stroyed or damaged by fire, windstorm, hail, frost, freeze, and/or otlicr casualty, the amount reoefved in settle- ~ ment of the loss or damage may be applied at the option of second party on suc6part of the indebtedness secured by this instrument as second party may in its sole discretion determine. If any building on said praperty so inswed shall be destroyed or d~aged, the amount receiyed in settleznent of the loss or damage may be ap- plied at the option of first party to the reconstruction or repair of the bufldings so destroyed or damaged, sub- ject to the regulations issued or that may be issued under the Federal Farm Loan Act or acts amesdatory ~ thereof or supplemental thereto; and any portiun of the prooeeds not so usecl shall be applied on the debt hereby _ ~ securecl in such manner as second party, in its sole discretion, may determine. ~ ~ 3. Fint party will pay, when due and pa~~able, all taxes, assessments and other charges that may be levied j; or assessed against said property, and all judginents and all other amounts that may be or become a lien thereon. ~ ; i; 4. First pazty will keep in good order and oondition, preserve, and repair, rebuild and restore all t~raoes, buildings, graves, orchards, fen~es, fixtures, shrubbery and other improvements, of every kind and nature, now on said land and hereafter erected or plaoed thereon tha# may be destroyed or damaged by fire, windstotm or ' othervvise, and will not pernut the change, injurv or removal thereof, will not commit or pernut waste on said land, and will not, except with the written oonsent of second party, cut, use or rea~ove, or pennit tbe cutting, use ; or removal of, any timber or trees on said land for sawmill, turpentine or other uses or purposes, except for fire- ' ~~~ood and other ordinary farm purposes. First party will also preserve aad keep in good order and oondition all trees and timber now and hereafter growing upon the aaid property, and will at all times protect the trces a~d timber against toss or damage by fire~, all to the satisfaction of the seoond party. 5. First party will at all times properly fertilize, cultivate, care for, and maintain in a productive condition all the grove and orchard trees naw on said property o~ beretfber plaoted d~ae+eoo, and will protect tht groves and ~ - ;i ~ ~ a-i. ~ w. _.p;,~,, .s - - , ~ r~n ~ 'r_ ,