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Home My WebLink About2166 I ~ ' i - - - - - - - = ~ growing upon the said mortgaged premiua at the time of filing suit ~ur [oie~losure hereof and thereafter, and all ot the rents~ issues, and profits of the said mortgaged p~emisa unpaid and uncoliected at the time of filing suit for foreclosure hereof and thereafter, and upon filing wit for foreclosure, or at any time thereaEter, second party shap be entitled to have a reaiver appointed to take charge of the said mortgage prenuses and the cropa sown or growing therron, together with the ssid cents, issues, and proCta uising therefrom and hereby auigned, and hold the same subject to the order and d'uection of the court. 10. First puty cov~enants that he wiU not perform any act which might unpair or tend to impair the rnntinuation on the property herein described of all crop allotments and acreage allotments now established or heceafter established on any of the property herein descri~ed. I 11(a). In the eMent second party becomes a party to any tegal proceeding (excluding an action to foreclose thia m~rtgage or to copect the debt hereby secured), involving this mortgage or the premises described herein (including but not 'I limited to the dtle to the lands described above), second party may also recover of fi~st party all coats and expenses reasonably incurred by the mortg,agee, including a reasonable attorney's fee, which costs, expenses and attorney's fee when paid by seoond pury shall become a part of the debt secured hereby and shall bc immediately payable upon demand, and ~ shall draw interest trom the date of advana by second party until paid at the highest rate pcovided in any note or other ~ instrument secured hereby. ~ 11(b). In the eMent said debt, or any part thereof, is established by or in any action for foreclosure of this mortgage. fee for the attorney of seoond p~rty for tprofeuional services ndered in wch act ne sucha f~tol be inrn~rponte~in bhe ~ decree of foreclosure in wch action. 12. First party shall hold and enjoy the said premises u~til default in payment of any of the installments as provided ~ in said note or other instrutnent secured hereby or a breach of any of the covenanta or oonditiona of said note or other instrument secured hereby or this nmoitgage ~d be~~' t any dme for8he purpo elof inspecting same or foran~y o her j designated by second party may po~ P ! purposes desired by seoond party. ~ 13. All amounts that may hereafter be awarded for condemnation of, and waste and tortious injury to, any of the ~ properiy hereby encumbered are hereby assigned and shall be PaYable unto second party for application, after payment 'i therefrom of attorney's fees and expenses incuned by fust puty and by seoond party in connection therewith, on such part ~ of the indebtednesa secur~d hereby as second party may determine, with no duty on second party to collect same. 14. First party agrees as a condition hereof that aU obiig,atians, auiSaments. rel"~z~rs of nal property and/or personal ; liability, reamortizadons, renev~nls. deferments. extensions or any other agcement, in writing, made by any one or mon of the parties herein designated as fust party with seoond party are hereby authoriud and consented to by sll puties herein designated as fust puty and shall extend to and be binding upon the heirs, executors, administraton. successors and sssi8ns of all the parties herein desig~nated as first puty. ~ or other disposition ahould be made ' 15. First party agrees as a condition hereof that if a conveyance, voluntarily by fust puty (or by any one or more of the parties designated herein as first party) of any titk or interest in md to the real property described above, or any part thereof, without the written consent of the lawful holder of this mortg~ge, or if such tide or mterest of fust party (or of any one or more of the parties designated herein as first puty) ia im''oluntarilY conveyed or transferred as the resutt of faeclosure of a junior lien or is required under c~ourt order oc decra as the result of ' litigat'wn (conveyance or transfer of tide or interat resulting from death of fust party, or any of the first parties, J more than one, excepted), without the written ooasent of the lawful holder of this mortppge, then and in either df said events, and at the option of said holder, and without notia to the fast party, all sums of money secwed hereby shall become due and payable and in Jefault immsdiatdy and wncucrently with suc he~reofyor not transfer, lease or other disposition. whether the same are so due and payable and in default by the specdic terms 16. Second ty shall have the right, exerc~sable at its discretion so long as this mortgage is in force and effect, to ' demand in writing the assignment of and transfer to second party, its successors and as.signs, and first puty hereby agrces to so assign and transfer, any and all rents,. pcofits, royalties, income or other consideration to be paid or aceruing to C~rst partY from any oil, natural gas, mineral, timber, kasehold or other interest of any kind and nature whatsoever, derived from, ~ connected with or affecting the within descrbed real property but not otherwise subject to, conveyed and/or secured by this ~ mortgage, with the right of, but no duty upon, second party, its succes~ors or assigns, to collect same. ~ 17. First party will complY with a11 the terms and conditions of any instrument heretofore or hereafter executed by ~ first party in connection with the loan(s) secured by this mort8a8e• ~ heirs. successors or assigns, or any assumer of the S 18. lf first party (or either of them, if more than one), indebtedrnss hereby secured, fdes a petition in voluntary bankruptcy, for receivership, for corporate reorganization, or for other deblor relief 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, witl?out notice to the first party, shall have the right to declue all sums of ' money secured hereby immediately due and Payable and in default whether the same are so due and payable and in default ! by the specific terr~ hereof or not. 19. This instrument is subject to the Farm Credit Act of 1971 and all acts amendatory thereof and supplementary thereto, and regulations issued thereunder. All rights, powers, privileges, options and remedieu concurprent y ar?d sha11 second puty an cumulative of all other remedies and rights allowed by law, and may be p i extend to and may be exercised and enjoyed by the wccessors and assi~s of second party, and by any agent, officer, i and hereunderpsha extt nd t and be b ding upon the~h irsaex~ecutors, admin n a orsa~c e~rs and a~igns of fast hpartY- t WHEREOF first party has hereunto set his hand and seal (and if first party is or includes a ~ IN WI'I'1~FSS ~ corporation, it haa caused this instrument to be executed, sealed by its corporate seal and delivered by its dWy authoriz ' officers), this the day and year fust above written. ~ ~Signe ed an 'ver (SEAL) ; e pre o: arne e^ reene, ~ ~ ~ .,-~,c lV~~r ~ ib~ - i h~Q (SEAL) ~ ~ ario . reene c,~/~,~-,.,,.~~,___ (SEAL) ~ ~ (SEAL) ~ ' (SEAL) . I (S~~ (s~?L) e z; ~7- ~~E2'164 , _ ~ ~ _ ~ - t - - - - - - - - i~°'~ . s _