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Home My WebLink About0857 . . i t _ - - ' - - ± - = _ - - - _ __-_z-~-. _ . ~ orctuvds against loss or damaga by flre by awldn~ and maintaining proper firebreaks on and around said prop- ~ e~rty, and by keeping undergrowth cut, to tbe s~dsfacdon ~ seoondparty Firatparty will not top-work the grove ~ or orchard trees without first obtaining the writteo co~seat oE second -party. Second party is hereby a~ithori~.ed ~ and empowered to have appraisals of said p»~at~? made by a Land Bank appra~i~ser, or by others, at such timcs ` ~ as seoond party, in its sole dlscxetion, may desin. Tbe oost of sueh appraisals stuaU be paid by first party immedi- ! ~ ately upon prasentatiou ~ an it~mizod ~ta~ane~t t1~eof and shal1 be secured by this insaumenG 8. T~I11C ~.4 Of t~l@ CSSCIIOA OE Si~d AO~ STId Of ~ ~I1Sh'UI11eA~. If firat, party fails to comply with any cove- I aant, conditlon or ageemeat in this iatdniment ar in the s~id note or in any reamortization, re~ewal, deferment, or ~ extension agre~:mment, secoad party may, at iEs option, ~xercise any one or more of the following rights, powers. ~ privileges, and remedies: ~ (a) perform any one or more of the ooveaants of firstparty un this instrument and in the said note, and ~ all amounts advanoed by seo~ndparty in doing so shall be due and payable by first party to second ' party immediately without notice, and shall be secured by this instrument, and sl~all bear interest from ~ the date of advanoe by seoond pazty at the highest rate provided in said note. ~ (b) Dedare all amounis secured by this instrument immediately due and payable without notice. ; (c) Prooeccl immediately to foredaae this mortgage, and pursue such other remedies as may be author- ~ ized by iaw. • 7, As further security for the payment of the note herein described and for the performance of all the terms, oonditions, and cove~?ants of said note und of this mortgage, first parly hereby transfers, assigns, and sets over to secondparty all of the crops sowa or growing upon the said moztgaged premises at the time of filing suit for foreclosure 1~ereof and thereafter, and all of tlie rents, issues, and profits of the said mortgaged premises unpaid and unoollected at the time of filing suit for foredosure hereof and thereafter, and upon f'iling suit for i foredosure, or at any time thereafter, seoond party shall be enHded to have a receiver appointed M take charge of the said mortgaged premises and the cropa sown orgro wing thereon, together with the said rents, issues, and profits arising therefrom and hereby assigned, and hold the same subject to the order and direction of ~he court. 8. First Party covenants that he will not perform any act which might impair or tend to impair the con- tinuation on the prope~rty hezein descxibed of all crop sIlotments and acreage allotme~nts now established or here- after established on any of the property herein described. ' 9(a). In the e~rent second pariy becomes~~ to any legal Prooeedin8 (excluding an action to foredose ~ ' this mortgage or to oollect the debt hereby , mvolving this mortSage or the premises described herein ( in- duding but not limited to the tide to the lands d~n'bed above),.se~nd party may also reaover of first party all ~s~ andexpenses reasonab]y incurred by the ~ge~, induding a reasonable attorney's fee, which costs, exp~s and attprney's fee whea~paid by seooad ~arty shall boome a part of the debt sec~ued h~eby and shall be immediately gayable upon demand, aad shall draw mterest from the date of advance by seoond party until paid at d~e highest rate provided in said note. 9(b). In tl~e event said debt, or auypazt ihereof, is established by or in any accion for foredosure of this mortgage, second party may also reoove~r of f~rst party, in addition to the said debt or so much thereof as shaU be unpaid, a reasonable fee for the attorne~? of ~second pruty for }~rofessional seivioes rendered- in such action, such fee to be incorporated in the decr~ee of foredosure in such action. 10. Firstparty shall hold and eajoy the said premises until default in payment of any of the installments as provided in said note or a breach of any of the cove~uants or conditions of sazd note or this mortgage shall be made; }wwever, any agent or einployee of seaond party or any person designated by second party may enter upon said pre~mises at any time for the purpgse of iaspecting same or for any other purpose desired by seoond party. 11. All amounts that may her~after be awarded for conde~nnation of, and waste and tortious injury to, any ' of the property hereby encumbered are hereti assigned and shall be payable unto second party for application, ~ : after payment therefrrnm of attorneyi s fees an~eapenses incurred by first partY and by second parly in connection iherewith, oa such part of the indebtedness secured he9reby as seoond party may determine, with no duty ~ ~a ~ to ~n~c_~ f 12. This instrument is subjeet to the Federal Farm Loan Ad and all acts amendatory thereof and svp- pleanentary thereto, and regulations issued theteunder. All rights; powers, privileges, options and remedies and rights allowed by law, may be pwsued coneurrently, and shall extend to and may be exercised and en2oy ed by the successors and assigos of second party, and hy any agent, officer, attomey or representative of second party, its succ~sors or assigns. All obligations of, and assignments by, first party herein and hereunder shall extend to ~ and be binding upon the heirs, ea~ecutors, administrators, successors, and assigns of first pazty. IN WITNESS WHEREOF, first party has hereunto set his hand and seal (and if first party is or includes a cY~rporation it has causecl these presents to be e~ecuted and its rnrporate seal to be hereto affixed by its proper officers thereunto first duly authorized), this day xnd year Eirst above written. Signed, Sealed, and Delive~red in the presence of: n % _ ~ fi(~Cii' ~ cJ '~L~ ~ - - ~ ~ J . _ ~ ~ . EAL) ~ ~_____~____----------------------(SEAL) ; ~ ~ SEAL) _ (SEAL) - ~S~) . ~ ~ 5 . _ - - - - < ~ ~ ~ ~ ~ : ~ ~ ~ - ~ ~ ; - ~ ~ _ -