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(6) To use the laen evioenced ~y the ~ote solely fat putposes authotized by t6e Governmeat.
(7) To poy when due all taxes. 4eas. judgments. eacumbraoces. aad assessments Ipwtully attaching to or as~essed
against the p~operty and promply deliver to the Goverament without demend receipts evideacia6 such peya~ents.
(81 To keep tbe prope~ty insured as required by aqd ucder iasuraace policies epproved by, delivered to. aad retaiaed
- ~y the Governmeat. ~
(9) To meintaia impro~~emeats in good repair aad make cepeics requited by the Goverame~t: opecate the property in a good
and husbaadmanlike ~nner; co¦ply with such [arm caoservatiaa practices and [arm aad hoae maaa~emeat plaas as the
Go~~ernmeat fcon time to time ~wy prescribe; and aot to abaadon the propecty, ot cause or permit waste. lesseaiag or
i:r.~aument ot the secucity carered hereby, o~. withaet the v~rittea coaseat of the Governme4t. cnt, reoove. or lease any
timber, g~ravel. oil. ps, cavl, a otber minerals except as mey be oecessary Eor cxdiaary daoestic. purpoaes.
(10) To canply with all 1aws, ordieaoces, Spd reBnlations affecting the pcoperty.
(111 To pey or reimburse the Govemment fa expenses reas:x~ably necessary or incidental to the protectioa of the lien
and priority hereof aod to the eafacement af or the compfiance with the Provisions hered aad ot the aote and aay supple- _
mentary agceement (whether beface or after default). includ"wg but not limited to costs oE evideace of title to and survey of
the property, costs d recording this aad other instruments, attaaeys' tees, trustees' tees, coiut costs, and e:penses of
advectising. selling, and conveyiag tbe propetty.
(12) Neither ti~e Qroperty ca any portioa thereof a eMerest thereio sliell be leased, assigned. sold, traasfe~ted, or
racumbered, voluatarily a othecwise, without the vrrittea coaseat of t6e Gavernmed. T6e Go~verameat sball 6ave the
sole and exclusive rights as mo~tgagee heceunde~. includi~ but not limited to the power_to graat ~ro~sents, partial releeses,
subocdiaatio~, and satisfactioa, and no insured lender shall have any right, title ot entecest ia or to the lien ar aay
benefits heteaf. •
(13) At all reesonable times the Governmeat and its agents may inspect the property to ascertain whet6er the cavenaots
and agreetcents contained herein a in any supplemeatary agreement are beiag pecformed.
(14) The Goti•ernment ma~• eatecKi and deEer the maturitt• ot and renew and~>rtur the debt e~~~denced b~• thr nute ur am
~ndebtc-dness to the Go~ernment secured hereb~~, release [rom liab~lits'to thc Go~~ernment an~• party~ so i~able thereon, releasc
'I porhuns c~f the properh• from and s~bord~nate the licn hcrcof, and w•ane ant• other rights heteunder, veilhout alfecting the lien
, or pnur~t~• hereo( or the liability to the Gu~~ernment of f3orruw~er or an~~ other parh• for pa~ment of the note or ~ndebtedness
sc~•ured hereb~ except ac ~periGed b~• the Gocemment in wTdmg_
(15) If at an~ ti~~e ~t ~hal! ap~+ear tu th~• i;urernment that Burtuwer cna~ be able to obtain a loan from a production credit
assa~~at~on, a F~deral lan~ bank, or vther :espuns~ble cooperah~e or pm~ate cred~t source, at reasonable rates and terms for
loans for ce^.:ilar purpuses and per~odc of t~me, l3orrov~er w~ill, uEwn thr Gu~ernment's request, appk (or and accept such loan
in suff~rient amuunt to pa~ the nu!e• ana ane indebtedness sc~•urcd herebt and to pay (or an}~ stock neressar~- to be purcF+ased
in a c~wperah~r iend~n~ agenc} ~n cunnechun w~ih surh loan.
(16) Default hereunder shall constitute default unde: am• other real rstate, or under am- pcrsunal properh~ or other.
serunh~ tnsVument hetd or insurc~l bt• the Go~'ernmcnt and exer:;ted ~K :~~~umed b~• B~xr~raer. and defauli unc~E~r .im such _
uthe~ securitc ~nstre;rnent shaU con~titvte default hereander.
(17) SNOULD DEFAULT occur ~n the per[«mance or discharge of any obl~gat~on secured by this in~tcument, or should ~
- any one oE the p~nies aamedas Borrower die or be declared an iacompetent, a bankrupt, a an ensolvent; ot iaake an assign-
ment for the benefit of cred~tors, the Government, at its option, with or without notice, may: (a) declare the ent?re aer:ount
uapa~d under the note and any ~ndebtedness to the Government hereby secured immediatelv due arxf payakrie, (b) (or'the atcount '
of Borruwer ~ncur and pay reasonable expenses for mpair or maintenance of and take po~session of, operate or rent the
~operty. (c) upon appl~cat~on by ~t and production of this instrunent, without other ev~dence and x~thout notice ot heanng of
said ap~lication, ha~~e a rece~ve~ appo~nted fa the property, with thc+ usual p~wers of ~ece~~ers ~n like cases, (d) toreclase
this instrument as p~orided here~a or by law. and (el enforce any and all other r~ghts and remediec provided here~n or b~
present or future law. . .
(18) The proceeds of Eoreclosure sate shail be applied in the Eollow~ng order to the paymer~t uf: (a) costs and expenses
:ncjdent ro en[acing or complying :?~~th the provis~ons hereof, (b) any prior f~en~ requ~red b}~ lavr or a competent court to be s~~
paid, fci the debt e~•idenced by the note and all indebtedness to the Go~•ernment secured hereb~, (d) ~nfenor I~ens of ~ecord .
tequued by iaw or a competent court to be so paid,. (e) at the Goverament's option, anq other ~ndebtedness of Borrower ow•~ng
to or inswed by the Go~•emment, and (n any balance to Borrower. At forcclosure or other sale of all or am• part uf the pro-
perty, the Gavemment and ~ts agents :nay bid and purchase as a stranger and may p:i}~ the Gmernr~ent'~ sharP of thr purc-ha~r
pe:ce hy ctedttsng such amuunt on am• debts o( Borrower ow~ng to or ~nsured b~ the Goretnmenl, io the ordet pc^scnbc•d abu~e. .
~I~~ ~s aqainst t~i• Cr~! r•~.•denr.~d b} the n~:te .,nd an~ indrbtt~ane•.s tu the• Gu~rtn^~.~•nt h~•t~•h~ :c•curc~l, :+~th r~~.pect tu
'he gropest~, Bua~xer fai he~eb~ relinqu~~hes. ~~ar.t~, end :un~e~s ~11 n~nt~, sn.h~;~te~ ur ~un~ummatc•, ul d••scent,~duwc•r. :
~ uct~•,:. !~o^c~~tred. :af~~at~~.n. :,pPre~tial. ~nd c~armpt~~~n. io ahich E3urruwer ~~r hrcu,T~•c rnh~li•+1 undrr [he l~w~.~nd ~
, c„~st~'ut:un c,t the ~ut~~ichun v?ht•re tht~ pru~•rh It~~s. .~nd lo? hi~mh~ :~~,r~~•~ that ,?n? r~Khl pru~~d~•~! M.urh i.,w~ ur
:-:,nsti+ui?r,n (us rc~demphon nr ~wssess~on (u1lu~tinR tornclusurr cali• shall nut :~pplc, and that nu nght ot rrdrmptioa oe -
;a>~sr,ti~~,n ~,ha11 t•xist afte•r fr~rect„wre sale. -
IZO) "('~;ti F~~t:ur,:c•nt tihall tx• sub~c~t't to She pte~ent u•gulaUuns uf t~~~ F:~rm~~::: ~I~~mr Admin~.trahon, and to ~te future• ,
:c•~L;.~t~~~^s aut ~nu,nsttitin~ uith thr ~•xprrss pru~~swns h~•re~o(.
/?1 ~ tivt:~ eti g~~~-n h~•u•undr: ~:ha11 tic~nt hti i~~rt!(utit T~~t. cnl~~~s t~thrrw~sc n•quu~~i b~• l;~x. :iddms~cal. unli•s. and '
unt:i •-~,T,r uthrr .,ddrrss i~ dt•~z~,~.,t~-d ~n m~h~ c s~~ g~t~~n. in th~• c:~sr th~• G„ti~•rnm~•~t t~~ Farm~~rs Humc AJm~nlstrahon,
L~~ted Stdtr, I)rpatt;~,•-nt of Ayfn ulture•. a! (;.,~n~•r;~. ill~•. F tund:i ;h,01. .~nd ~n ihi• r:~~t• ~~f }i~xrow. r to him a! h~c puc!
~,Ih~ t• d~;r,r~•~s ~r.,~r~i ~ta.<<.. ,
g~R~ 193 1604 ~