The URL can be used to link to this page

Home My WebLink About0405 1 • ~ ~ ~.a3~ ~V i i i ~ ~ growing upon the said mortg~ged pnmi~s at the time of filing sujt fa foreclowro hereof and thereafter, snd all of the renb, ~ iswa. ~nd profit: of the ~id mort~agedpremisa unpaid and uncollected at the time o[ filing wit for foreclosure hereof and thereafter, and upon C~ling suit for forecloaure, or at any time thereafter, second party thall be entiUed to have s reaiv~er + ~ appointed to take chuge of the said mortg~ge premis~ and tha cropt ~own or growing thereon, together with the aaid rents. ~ isaues, and profits arising therefrom and heceby auigned, and hold the same aubject to the order and direction of the oourt. ~ 10. First puty oorenants that he will not perform any act which mig~t impair or tend to impair the oontinwtion on ~ the property herein deacribed of all crop allotments and acnage allotmtnta ~ow established or hereatter eatablished on any of ~ I the property henin described. 11(a). In the ev~ent seoond party becomea a puty to any kg~l prooceding (excluding an action to foreclose this ! mortgage or to oollect the debt hereby aecured), iavdving thia mortg~ge or the premise: described herein (including but not limited to the tide to the lands descdbed :bove), aeoond party may also recover of fint party all oosts and expensea reasonably incurred by the mortg,agee, including a nasonabk attoraey'a fee, which co~ts, expentes and attorney's fa when ; paid by seoond puty shall become a part of the debt secured hereby aad shall be immediately payable upon demand, and I shall draw intereat from the date of advancx by second party unt~7 paid at the highen nte provided in any note or other j instrument aecund henby. ; 11(b). Ia the ev~ent siid debt, or any put thenof, is eatablished by or in any action for fonclosun of this mortg~ge. ; second party may als~ reoover of fust ~y, in addition to the aaid debt or so much thenof as shalt be unpaid, a reasombk I fee for the attoraey of seooad party or profesaional aervices rendered in auch action, such fee to be incorporated in the ; decree of fonclosuce in such action. ~ 12. First party ~all hold and enJoy the said premisa until default in payment of any of the inatallments as provided in said note or other instrument secured hereby or a brwch of any of the coveaants or oonditions of said aote or other instrument secured henby or thia mortgage shall be made; howev~er, any agent or employee of seoond party or aay person ~ designated by seoond party may enter upon said premius at any time for ihe purpome of inspocting sune or for any other pwpoaes desired by aceond p~rty. 13. All amounts that may hereafter be awuded fa coademnation of, aad waate and tortioua injury to, my of the property henby enciunbend an henby a~d and shall be payabk unto second party for application, after payment ` therefrom of attomey's faa and expenses incurrad by fuat party and by seoond puty in connection therewith, oa such pact ; ~ of the indebtedness secured henby as seoond puty may deternrine. with no duty on aeoond puty to collect same. 14. Firat party agrces aa a condition hereof that all obligptions, as~nents, nleaaes of real property aad/or personal liability, reamortizationa, renewals, deferments, exteasio~ or aay other ageement, in writiag, made by any one or mon of the puties herein de~gnated aa first party with aeoond party ue hereby authoriud and coasented to by all parties lurein d~ted as firat puty and ahall extend to and be bindiag upon the heira, executora, administrators, sucoessors and assigns i! of all the puties herein datignated aa fuat puty. i' 15. First party agas sa a condition hereof that if a conv~eyana ahould be made voluntarity by fust party (or by any ' one or more of the puties daignated herein as fust party) of any titk or intenst in and to the real property described above, or aay part thereof, without the written conaent of the lawful holder of this mortgage, or if wch tide or intenst of fuat party (or of any one or mon of the parties designated henin as first puty) is involuntu~ly conveyed or transfernd as ttre re:s~ilt of ~ forecloaun of a junior lien or isrequired under oourt order or decree as the result of litig~tion (oonveyana or trausfer of title or interest resulting from death of firat party, or any of the fuat puties, if more than one, exapted), without the written oonsent of the lawful holder of this mortg~ge, then aad in either of said events, and at the option of aaid holder, and without ~i notice to the fust party, all su~ of money aecured henby ahali beoome due and p~yabk aad in default immediately and concurrendy with such oonveyana or tranafer, whether the same aze ao due and payable and in default by the apecific termt i hereof or not. 16. This in:trument is subject to the Federal Farm Loan Act and all acts amendatory thereof and supplementary thereto, and regulations issued thereunder. AU rig~ts, powen, privileges, options and remedies and rights allowed by law, may ;j be pursued voncurrently, aad ahall extend to md may be exercised and enjoyed by the suocessora and assigina of aeoond puty, and by any agent, officer, attomey or repnsentative of seoond party, its aucoessora or as~ru. All oblig~tions of, and f assignments by, fust party herein and henunder shall extend to and be binding upon the heirs, eaecutora, administrators, ; successors, and asaigns of fuat puty. See paragraph below. ~ IN WITNESS WHEREOF, fust party has hereunto set his hand and seal (and if fust party is or includa a corporation it has caused these presenta to be executed and its oorporate seal to be hereto affixed by ita proper officers ! thereunto first duly authoriud), this day and year fust above written. - Signed, Seal~d, and Delivered . , in the presence of: ~ ! ~ l~~ ~ ~ ~ 1 - (SEAL) ~ ~ • ~ ; ~ ~ ~ ! C ~ (SEAL) , , / ~5~~ _ ~ ' As to all parties . . ~ ~ i i - (SEAL) ~ ~ ; . (SEAL) i ~ - i i ~ ~ (SBAL) ~ I ;;I - ~ ~ I 17. First party will comrply with all the terms and conditions of any instrument , heretofore or hereafter execu~ed by first party in connection with the loan(s) ~ secured by this security instrument. ~ ~2~l3 ~ ~06 ~ _ ; , ~ - I _ _ _ : - _ , ,a . _ : -