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growing u~n the said nwrtgaged premiszs at the time of filing suit f.x ioreclosure hereof and thcr~aftcr, and all ot~ the rents~
issues, ;~nd profits ot the said nwrt~ged prenuses unpaid and uncullected at the tinx of tilin~ suit for fureclusure hereof
and -
therea(ter. snd upon tiling suit for forec(uwre, or at a~y tune thereafter, second perry sliall be entitled to have a receiver
apFx~i~ited to take charge uf tl~e said nwrt~ge preuuxrs and the crops suwn or growing thereon, together with tl?e said rents. '
issues, and profits arising therefrom and hereby assig~~ed, and hold ihe same subject to the order sad direction of the court. I
l0. First parry cuvenants ti?at he will not perfor?n any ac1 which nugl~t impair ur tend to impair Ihe ro~~ti~~uation on i
the property herein desc~ibed of atl crop allutnients ~nd arreage allotnienix nuw establisl~ed or hercatter establ~shed un any of 'I
the property herein described.
Il(a). In tlie event second party becomes a parry to any Iegal proceeding (excluding an action to foredose this '
mortgage or to collect the debt heceby secured), involving tliis murtgage or the prenuses descriUed herein (inctuding but not ;
limited to the title to the lands described above), seco~d party may aiso recover of first party all costs and expenses I
reasunably incurred by the mortgagee, including a reawnable attorney's fee, which costs, expenses and atturney's fee when ~
paid by second party shall become a part of the debt secured liereby and shall be immediately payable upun demand, and
shall draw interest from the date of advance by secund party until paid at the highest rate provided in any note or other
instrun~ent sccured hereby.
I I(b). "[n the event said debt, or any part tiiereof, is established by or in any action for foreclosure of this mortgage.
second patty may also tecover of first party, in addition to the said debt or so much thereof as shall be unpaid, a reasonable
fee f~r ti~e attorney of second parry for proCessional services rendered in such action, such Cee to be incorporated in the
,
decree of fureclosure in wch aciion. ,~j
12. First party shall hold and enjoy the said prenuses until default in payment of any of the installments as provided
in said note or other instrument seeured hereby or a breach of any of the covenants or conditions of said note or other
instrw»ent secured hereby or tlus mortgage shaU be made; however, any agent or employee of second party or any person ;
designated by second parry may enter upon said prenuses at any time for the purpose of inspecting same or for any other ;
purposes desired by second party.
13_ All amounts that may f~ereafter be awarded for condemnation of, and waste and tortious injury to, any of the
property hereby encumbered are hereby assigned and shall be payable unto second part}~ for application, after payment
therefrom of attorney's fees and expenses incurred by first party and by second party in connection therewith, on such pact
of the indebtedness secured hereby as srcond party may determine, with no duty on second party to collect same.
14. First party agrees as a condition hereof that all obligations, assignments, releases of real property and/or personal `i
liability, reamortizations, renewals, defecments~ extensions or any od~er agreement, in writing, made by any one or more of
the parties herein designated as first party with second party are hereby authorized and consented to by all parties herein
designated as first party and shall extend to and be binding upon the heirs, executors, administrators, successors and assigns
of all the' parties herein designated as first party. ':~I
15. First party agrees as a condition hereof that if a conveyance. lease or other disposition should be rqade
voluntarily by first party (or by any one or more of the parties designated herein as first party) of any title or intecest in and.
to the real property described above, or any part thereof, without the written consent of the iawful holder of this morigage,
or if such title or interest of fust Party (or of any one or more of the parties designated herein as first party) is involuntarily
conveyed or tranaferred as the result of foreclosure of a junior lien or is required under court otder or decree as the result of
titigation (canveyance or transfer of title or interest resulting trom death of first party, or any of the fust parties, if more
than one, excepted), without the written consent of the lawful holder of this mortgage, then and in either of said events, and
at the option of said holder, and without notice to the first party, all sums of money secured hereby stiall become due and ,
payable and in default immediately and concurrenllv with such conveyance, transfer, lease or other disposition, whether the
same are so due and payable and in default by the specific terms hereof or not. ~
16. Second party shall have the right, exercisable at its discretion so tong as this mortgage is in force and effect, to ~
demand in writing the assignment ot and transfer to second party. iis successors and assigns, and first pazty hereby agrees to
so assign and transfer, any and all rents,_ profits, royalties, income or other consideration to be pai@ or accruing to Pnst party ,
irom any oil, natural gas, mineral, timber, leasehold or other interest of any kind and nature whatsoever, derived from, ~
connected with or affecting the within descnbed real property but not otherwise subject to, ronveyed and/or secured by this
mortgage, with the right of, but no duty upon, second party, its successors or assigns, to collect same.
t7. First party will comply with all the ternu and cunditiuns of any instrument heretofore or hereafter executed by ;i
first party in connection with the loan(s) secured by this mortgage.
18. if first party (or either of them, if more than one), his heirs, successors or assigns, or any aswmer of the ~
indebtedness hereby secured, files a petition in voluntary bankruptcy, for receivership, for corporate reorganitation, or for
other debtor reGef of any character or kind, or is adjudged a bankrupt, then and in the event, and at the option of the second ~
party, its successors and assigns, the second party, without notice to the first party, shalt have the right to declaze aU sums of ;
money secured hereby immediately due and payable and in default whether the same are so due and payable and in default !
j by the specific terms hereof or not. ~
j 19. "fhis instrument is subject to the Farm Credit Act of 1971 and all acts amendatory thereof and supplementary ;
j thereto, and regulations issued thereunder. All rights, powers, priviieges, options and remedies conferred upon and given to
~ second party are cumulative of all other remedies and rights allowe~d by law, and may be purs~ed concurrently, and shall ;
~ extend to and may be exercised and enjoyed by the successors and assigns of second party, and by any agent, o~cer, ~
attorney or representative of second party, its successors or assigns. All obtigations of, and assignments by, first pazty he~ein ~
and hereunder shall extend to and be binding upon the heirs. executors, administrators, surcessors, and assigns of first party. i
~ IN WITNESS WHEREOF, first party has hereunto set his hand and seal (and iC first party is or includes a ~
~ corporation, it has caused this instrument ro be executed, sealed by its corporate seat and delivered by its duly authorized i
~ officers), this the day and year first above written. '
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~ Signed, Sealed and Delivered
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