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Home My WebLink About2722 ~ h i: ~ _ . _ . . . . . ~ . ~ ,t'~~~~, ~ ' ' g~uwine upon the ~id murt~ed prsmi:ei at the time of tilins wit for faeclowro hercof and theroafter. and all of the rcnts. ~ iuua. snd prufit: of 1he :aid mortp~edpremises uripaid and ut~cdlected at the time c~f tilin~ swt for f~xeclowre he~eof and I ttrereatter, and upon filina wit for forcclo:ure, or st any time the~cattet. ~eax+d paNy shsll be entitkd 1o have a receiver ~ appointed to take chuge of the s~id rtwrtpee p~en~ses snd the anp~ sown ur ~owin~ thereon. together wilh the :aid rentt. ~ i~ues. and profit: ui~ therefrom and heceby sdgied, and hold the same wbject to the otder and duection of the oourt. i 10. Fint puty oov~enant: that he wiU not perfam any act which might impair or tend to impair the cootinwtion on ! the property herein described of all crop aUotments and acroage allotment: now atablished or hereafter atablished on any of ; the propbrty herci~ dacribed. i l!(a). In the event ~eoond puty becomes a puty to any kgal prceeeding (excluding an action to foreclo~e tlw ; mortgsge or to colkct the debt hereby ~ecured). involving this mortgsge or ihe pcemise: de~ribed herein (including but not I limited to the title to the 4nds desc~ibed aboMe), second party may also recover of first party aU ooats and expenses ' rcawnably incurred by the mortgaga, induding a rcasonabk attaney's fee, which costs. expenses and attorney's fa when ~ paid by seoond puty ahall become a put of the debt secured hereby and shall be immediately payable upon demand, and shall dnw interest from the date of advana by second puty unt~ paid at the higheri ate provided in any note or other~ i~utrument secured hereby. 11(b). ln the eveat said debt. or any put thereof, is ensbli~ed by or in any action for foreclosun of this martg~ge. seoond party may also reoover of firstpu ty, in addition to the said debt or so much thereof as shall be unpaud, a reasonable ; fa for the attomey of noond party tar profeasional services rendered in such action, such fee to be incorporated in the ! decree of foreclawre in wch action. ~ 12. First puty shall hold and enjoy the said premisa unW default in payment of any of the inatallments as provided ia said note or other instrument secured hereby or a bnach of any of the cov~enanta or oonditions of said note or other instrument secured hereby or this mortg~age shall be made; howev~er, auy agent or employa of seoond puty or any person I designated by s~oond puty may enter upon said pnmiaes at any time for the purpose of iiupecting same or for any othcr purposes desired by aeoond puty. 13. All unounts that may hereafter be awarded for condemnatian of, a~d waate and tortious injury to. any of the ~ property hereby encumbered ue hereby sstigned and ahall be payabk unto aecond parjy for application, after payment ' therefmm of attorney's fees and expenses incurnd by first puty and by ~eoond ~rty in coanection therewith, on such put of the indebtedness secuced hereby ss seaond party may determine, with no duty on second puty to coUect same. 14. Firat partY agrtes as a condition hereof that aU obligations, ass~uneats, releasea of real property and/or per~onal ; liability, ramortizations, renewals, defern~ents, extensio~ or my other agreement, in writing, made by any one a mora of the puties herein designated u Puat puty with seoond party an hereby authorized and oonaented to by all putiea herein d~ted as fust puty and shall extend to and be binding upon the hein, executas, administraton, auccessors and assignt ' of all the parties herein designated as fitst party. 15. Fust p~rty agrees u a condition hereof that if a conveyaaa should be made v~oluntarily by fust puty (or by any one or more of the puties designated hecein as fust party) of any title or interett in and to the nal property described above, or any part thereof, without the written consent of tIu lawful holder of thia mortg~ge, or if auch titie or wterest of fint puty . (or of any one or more of the puties dGti~ated herein as first party) is inv~oluntuily oonveyed or transferred u the result of foreclosure of a junior lien or is rcquind under court order a docree as the result of fitig~tion (ounveyana or tru~sfer of tide or interest rexulting from death of fust puty, or any of the fustpart~a, if more than one, exapted), without the written oonsent of the lawful holder of thi~ mortgage, thea and in either o~ said evenb, md at the. option of aaid holder, and without notia to the fust party,. all sur~ of money secund hereby shall bceome due and payabk and in default immediately and ooncurrently with such conveyana or traaafer, whether the same are so due and payable and in default by the specific tern~s hereof or not. ~ 16. 'I7~is inswment it subject to the Eederal Farm Loan Act and all acts ameadatory thereof and wpplementary thento~ and regulations iuued thenunder. All rig~ts, pow~en, priv~eges, options and remedies and rights allowed by law, may be pursued ooncvaendy, and itWl extead to and may be exercised and enjoyed by the sucoes~ora and aasigns of second puty, ~ and by my ageat, offxxr, attomey or npresentative of second puty, iis wceasocs or aasigna. All obli$ations of, and ! ' assignmenta by, first puty herein and henunder shall extend to and be binding upon the heirs, executon, administrators, succasocs, and assig,ns of fust puty. ' IIV WI'INESS WHEREOF, fust porty has hereunto set his hand and aeal (and if first party is or includes a ; oorpontion it has caused these presents to be executed and its oorporate seal to be hereto affixed by its proper officera ; thenunto first d'uly authoriud), this day and year fust abowe written. ~ ( ' Signed, Sealed, and Delivered ~ in the presena of: f / SL~AL) , ~ ~ /`~"r1 ~ ~ f~ (SEAL) % . (SEAL) ~ (SEAL) ; (SEAL) ~ ~ _ (SEAL) ~ ~ ~ ~ ~ - ~ : ~ ~ ~ ~ e~~~ 189 2~'14 ~ ~ ; _ - ~ ~ ~ ~ - . -x- : : ~ _ ~sr_.w~- ~ . - , •