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gcowing upon the said mong,aged premises at the tirm of t`iling suit fo~ foreclosure hereof and thereaftar. and aq oC the rents, ~4
issues, and profits of the said mortg,aged prenuses unpaid and uncollecttd at the time oC filing suit for fortclosure he~eof and ~
thereafter, and upon P~ling suit for foreclosure. ar at aily time thereafter, second party shall be entitled to havr a receiver
appointed to take chuge ot the said mortgdge premises and the crops sovm or growing thereon, together with the said rents.
issues, and profits uising therefrom and her~by assigned, and hold the same subject to the order and d'uection of the court.
10. First pury uov~enants that he will not perform any act wiiich might impair or tend to imQair the rnntinuation on ~
the property herein described of ~l~crop allotments and acreage allotments now established or hereafter established on any of ~
th~ property heroin described.
11(a). ln the ev~ent stoond puty becomes a puty to any kgal proceeciing (excluding an action to toreclose this
mortgage or to coUect the debt hereby secured), involving this rnortgage or the premises described herein (including but not ~
timited to the title to the Iands described above), seoond party may aLSO rernver of fust party all oosts and expenscs
reasonably incurred by the mortgaga, induding a reasonabk attotney's f~e. which oosts, expensas and attorney's fee when
paid by second party shall become a part of the debt secured hereby and shall be immediately payable uport demand, and
shall draw interest from the datc of advana by secand party unt~7 paid at thc higticst rate provided in any note or other
iruwment secured henby.
11(b). ln the event said debt, or any put thereof, it esublished by or in any action for foreclosure of this mortg,sge,
second party may also reoover of first party, in addition to the said debt or s~ much thereof as shall be unpaid, a re3sonable '
fee for the attorney of seoond party tor professiona[ services rendered in such action, such fee to be incorporat~d in the
d~cree of foredasun iu wch action.
12. Firat party shall hold and enjoy the said premiaes unW default in payment of any of the inatallments as provided
in said note or other instrument secur~d hereby or a breach of any of the covenants or oonditions of said note or other
insvument secured henby or this mort~ shaft be made; how+ever, any agent or employee of second puty or any person
designated by s~cond party may enter upon s~id pnnas~t at any time for the purpcue of uupecting same ot for any other ~
purposes desired by second party. i
13. All amounts that may hereafter be awarded for condemnation of, and waste and tortious injury to, aay of the ~
property hereby encumbered are hereby assigned and shall be payabk unto second puty for application, after payment
therefrom of atiorney's fzes and expenses incurred by fust party and by seeo~d puty in connection thenwith, on such part
of the indebtedness secured hereby as seoond party may determine, with no duty on seoond puty to rnllect same. I
14. Firri partY agreea as a candition hereaf that all obligations, assignmeats, nlea~es of resl property and/or peraonal ;
liability; rearnortizations, renewah, deferments~ extensioas or any other agrament, in writing, made by u?y one or more of I
the puties hereiu de~gnated as first puty with seoand party ue hereby authoriud and consented to by all parties herein i
designated u fust puty and shall extead to and be binding upoa the heirs, exocutors, adminisUators~ successors and aasigna ~
of all the puties herein 3esignated u fust party.
15. First puty agcees u a condition hereof that if s conv~eyana should be made voluntarily by fust party (or by any I
one or more of the partiea dasignated henin as first partY) of any titk or intenst in and to the real property described above,
or any part thereof, without the written consent of the lawful holder af ttiis mortg~ge, or if wch tide or interest of fust party +
(or of any one or more of the putia designated herein u first party) is involuietarily c~nveyed or transf~rted u the ntult of I
foreclosure of a junior lien or ia required under oourt order or decree u the result of fitigation (conveyana or transfer of tide ~
or interest resulting fmm death of fust puty, or any of the fust puties, if mon than one, exapted), without thc written
consent of the lawful holder of this mortg,age~ then and in either of said ~venta, and at the option of said holder, and without
notice to the first pariy, al! sums of maney secured hereby shall beoome due and psyabk and in default immediately and ~
concurrendy with such conveyana or tran:fer, w6ether the rame are so due and payable and ia default by the specific temns `
hereof or not.
16. 'D?is inswment is subject to the Federal Farm Loan Act md all acis amendatary thereof and supplemenwy ;
thereta, and regulations issued thereunder. All rights. povrtrs, priv~7egcs, options and nmediea and rights allowed by law, may ~
be pursued concurrendy, and shall extend to and may be exerased and enjoyed by the suc~cessors and assigns of second party, ~
and by any agent, officer, attomey or representative of seoond puty, its sucassors or assigns. ~l11 oblig~tions of, md ?
assignments by, fint party herein and hereunder shall extend to and be hinding upon the heira, executors, administraton, 1
succeuors, and as.ogns of fust party. i
W WITNESS WHEREOF, fust i~
party has hereunto set his hand and aeal (and if fust party is or includes a
corporation it has caused these presents to be executed and its oorporate seal to be hereto affuced by its proper officers
thereunto First d'uty auihorized), ihi: day and yeaz fusi abovt vrritten.
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Signed, Saied, and Deliv~ered !
in the presena of:
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~ COt.' C 'F.' ?tA.~iCH, INC.
BY: i? ~
" (SEAL) ~ ;
' Thom.as L. S1oan, President ~
r~ SEAL
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ATT T J
o Ann Raulerson Sloan, Secret,~ ~G
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