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growing upon the said mortgaged premises at the time of tiling suit [or foreclosure hereof and thereafter, and all of the rents,
~ issues, and rofits of the said mortgaged premises un d and uncollected at the time of filing suit for foreclosure hereof and
thereafter, utd upon filing wit for forecloswe, or st~any time thereafter, second poly shall be entitled to have a receiver
appointed to take chuge of the said mortgages premises and the crops sown or growing thereon, together with the said rents,
iswes, and profit: wising therefrom and hereby assigned, and hold the same wbject to the order and duection of the court.
10. Fiat poly eovenanu that he will not perform any act which might impair or tend to impair the continuation on
~i the property herein described of cell crop allotments and acreage allotments now established or hereafter established on any of
the property herein described.
11(a). In the event second party becomes a party to any legal proceeding (excluding an aMion to foreclose this .
mortgage or to collect the debt hereby secwed), involving this mortgage or-the premises described herein (including but not
~ limited to the title to the lands described above), second party may also recover of fast party all costs and expenses °
j reasonably incurred by the mortgagee, including a reasombk attorney's fee, which costs, expenses and attorney's fee when
' paid by second poly shall become a part of the debt secwed hereby and shag be immedutely payable upon demand, and
shall draw interest from the date of advance by second poly until paid at the highest ate provided in any note of other
!I instrument secured hereby.
11(b). In the event said debt, or any put thereof, is established by or in any action for foreclosure of this mortgage,
xcond poly may also recover of Cirri poly, in addition to the said debt or so much thereof as shall be unpaid, a reasonable
fee for the attorney of second puty for professional services rendered in such action, wch fee to be incorporated in the
decree of foreclosure in wch action.
Lj 12,' Firri party shall hold and enjoy the said premises until default in payment of any of the installments as provided
in said note or other instrument xcwed hereby or a breach of any of the covenants or eonditior>: of said note or other
instrwnent xcwed hereby or this mortgage atoll be made; however, any agent or employee of second poly or any person
":i designated by second party may enter upon said premises at any time for the purpose of inspecting same or for say other
~ pwposes desired by second party.
13. All amounts that may hereafter be awuded for condemnation of, and waste and tottious injury to, any of the
property hereby encumbered ue hereby assigned and shall be payable unto second poly for application, after payment -
'u`rerefrotn of attorney's fans and. expenses incurred by fist poly and by second party it conntction therewith, on such put
of the indebtedness secured hereby u xcond party may determine, with no duty on second party to collect same.
14. First party agrees ss a condition hereof that all obligations, auignments, releases of real property and/or personal
liability, ramortizations, renewals, deferments, extensions or any other agreement, in writing, made by any one or more of
the parties herein designated as fast poly with second party ue hereby authorized and consented to by all parties herein
designated as fiat party and shall extend to and be binding upon the heirs, executor, administrators, successor and assigns
of all the parties herein designated as fuYt poly.
1S. First party agrees as a condition hereof that if a conveyance, kax of other disposition should be made
voluntarily by fast poly (or by any one or more of the parties designated herein as fast party) of any title or interest in and
to the real property described above, or any part thereof, without the written consent of the lawful holder of this mortgage,
or if such title or interest of fast poly (or of any one or more of the polies designated herein as first poly) is involuntuily
oonvcyed or transferred u the result of forecloswe of a junior lien or is required under nowt order or decree as the result of
litigation (conveyance or transfer of title or interest resulting from death of fast party, or any of the fast puties, 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 firri poly, all awns of money xcured hereby shall become due and
payable and in default immediately and concurrently with such conveyance, transfer, lease or other disposition, whether the ~
same ue so due and payable and in default by the specific terms hereof or not.
16. Second puty shall have the right, exercisable at its discretion so tong as this mortgage is in force and effect, to
demand in writing the assignment of and transfer to second poly, its successors and assigns, and first poly hereby agrees to
so assign and transfer, any and all rents,. profits, royalties, income or other consideration to be paid or accruing to firri party
' from any oil, natural gas, mineral, timber, kaxhold or other interest of any kind and nature whatsoever, derived from,
connected with or affecting the within descrrbed real property but not otherwix subject to, conveyed and/or xcured by this i+
mortgage, with the right of, but no duty upon, xcond party, its successors or assigns, to collect same. - fI
17. Fiat party will comply with all the terms and conditions of any instrument heretofore or hereafter executed by _
~ first poly in connection with the ban(s) xcwed by this mortgage. -
r !8. A default under this instrument or under any other instrument heretofore or hereafter executed by first
f party to second party shall at the option of second party constitute a default under any one or more or all instruments
executed by first party to second party.
19. If firri party (or either of them, if more than one), his heirs, successors or assigns, or any assumer of the
indebtedness hereby xcured, files a petition in voluntary bankruptcy, for receivership, for corporate reorganization, or for
~ other debtor relief of any character or kind, or is adjudged a bankrupt, then and in the event, and at ttx option of the xcond
poly, its successors and assigns, the xrnnd party, without notice to the first party, shall have the right to dectue all wms of
i money xcured hereby immediately due and payable and in default whether the same are so due and payable and in default
by the specific terms hereof or not.
20. This instrument is subject to the Farm Credit Act of 1971 and all acts amendatory thereof and wpplementary
ttxreto, and regulations issued thereunder. All rights, powers, privileges, options and remedies conferred upon and given to
xcond party are cumulative of all other remedies and rights allowed by law, and may be pursued concurrently, and shall e~
extend to and may be exercixd and enjoyed by the successors and assigns of xcond party, and by any agent, officer,
attorney or reprexntative of xcond poly, its successors or assigns. Atl obligations of, and assignments by, furi poly herein
and hereunder shall extend to and be binding upon the heirs, executors, administrators, successors, and assigns of firri party. Ii
IN WITNESS WIiE1tEOF, first poly has hereunto set his t?and and xal (and if fast party is or includes a
corporation, it lus cauxd this instrument to be executed, sealed by its corporate xal and delivered by its duly authorized ~i
officers), this the day and year firri above written. '
i
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Signed, Sealed and Delivered
the prexna of:
SEAL)
Talbert Cooper, Jr.
(SEAL)
~ EAL)
Mar ar a B. Cooper
(SEAL) '
(SEAL) ,
(SEAL)
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