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(8) To keep t{re propert}• insured as required by and under insurance policies approved by the (:~~rtptent and; at•tts
request, to deliver such policies to the Government.
(9) To maintain improvements in good repair and rnakc repaus require) by the Govcnuucnt; operate the property in
a good and husbandntanlil:e manner; comply with such faun conservation practices arrd farrtr and home management plans
as t{re Government from time to time may prescribe; and not to abandon the property, or cause or permit waste, lessening or
unpairntent of the security covered hereby or, without the written consent of the Government, cut, remove, or lease any
timber, gravel, oil, gas, coal, or other minerals except as ntay be necessary for ordinary domestic purposes.
(10) To comply wit{r all laws, ordinances, and regulations affecting the property.
(11) To pay or reimburse the Government for expenses reasonably necessary or incidental to the protection of the lien
and priority hereof and to tlrr enforcement of or the compliance with the provisions hereof and of the note and any supple
mentary agreement (whether before or after default), including but not limited to cost of evidence of title to and survey of
the property, costs of recording this and other instruments, attorneys' fees, trustees' fees, court costs, and expenses of adver-
tising, selling, and conveying the property.
{12) Neither the property nor any portion thereof ur interest tfrerein shall be leased, assigned, ,old, transferred, or
encumbered, voluntarily or otherwise, without the written consent of the Government. The Government shall have the sole
and exclusive rights as beneficiary hereunder, including but not limited to the power to grant consents, partial releases,
subordinations, and satisfaction, and no insured holder shall have any right, title or interest in or to the lien or any benefits
hereof.
(13) At all reasonable times the Government and its agents may inspect the property to ascertain whether the cov-
enants and agreements contained herein or in any supplementary agreement are being performed.
(14) The Government may (a) extend or defer the rrraturity of, and renew and reschedule the payments on, the debt
evidenced to the Government secured by this instrument, (b) release any party who is liable under the note or for the debt
from liability to the Government, (c) release portions of the property and subordinate its lien, and (d) waive any other of its
rights under this instrument. Any and all this can and will be done without affecting the lien ur the priority of this instrument
or Borcower's or any other party's liability to the Government for payment of the note or debt secured by this instrument
~'~ unless the Government say s otherwise in writing. HOWEVER, any forbearance by the Government-whether once or often-in
exercising any right or remedy under this instrument, or otherwise afforded by applicable law, shall nut be a waiver of or pre-
clude the exercise of any such right or remedy.
15) If at any time it shall appear to the Government that Borrower may be able to obtain a loan from a production
~ credit association, a Federal land bank, or other responsible cooperative or private credit source, at reasonable rates and terms
for loans for similar purposes and periods of time, Borrower will, upon the Government's request, appl}• for and accept such
loan in sufficient amount to pay the note and any indebtedness secured hereb}• and to pay for any stock necessary to be pur-
chased in a cooperative lending agency in connection with such loan.
16j l~fault hereunder shall constitute default under any other real estate, or under any personal propert}• or other.
~ security instrument held or insured by the Government and executed or asswned b}• Burrower, and default under any such
other securit}' instrument s}rall constitute default hereunder.
(l7) SHOULD DEFAULT occur in the performance or discharge of any obligation in this instrument or secured bq
this instrument, ur should the Parties named as Borrower die or be declared incompetent, or should any one of the parties
Warned as Borrower be declared a bankrupt or an insolvent, or make an assignment for the benefit of the creditors, the Gov-
ernment, at its option, with or without notice, ma}•: (a) declare the entire amount unpaid under the note and any indebted-
ness to the Government hereby secured immediately due and payable, (b) for the account of Borrower incur and pay reason-
able expenses for repair or maintenance of and take possession of, operate or rent the propert}'. (c) upon application by it
and production of this instrument, without other evidence and without notice of hearing of said application, have a receiver
appointed for the property, with the usual powers of receivers in like cases, (d) foreclose this instrument as provided herein
or by law, and (ej enforce any and all other rights and remedies provided herein or by present or future law.
(18) The proceeds of foreclosure sale shall be applied in the following order to the payment of: (a) costs and expenses
incident to enforcing or complying with the provisions hereof, (b) any prior liens required by law or a competent court to be
so paid, (c) the debt evidenced by the note and all indebtedness to the Government secured hereb}•. (d} inferior liens of
record required by law or a competent court tv be so paid, (e) at the Government's option, any other indebtedness of Bor-
rower owing to or insured by the Government, and (f) any balance to Borrower. At foreclosure or other sale of all or any
part of the property, the Government and its agents may bid and purchase as a stranger and may pay the Government's
share of the purchase pricy by crediting such amount on any debts of Borrower owing to or insured by the Government, in
the order prescribed above.
(19) $orrower agrees that the Government will not be bound by any present or future laws, (a) providing for valua-
tion, appraisal, or exemption of the property, (b) prohibiting maintenance of an action for a deficiency judgment or limiting
the amount thereof or the time within which such action must be brought, (c) prescribing any other statute of limitations.
(d) allowing any right of redemption or possession following any foreclosure sale, or (e) limiting the conditions which the
~ Government may by regulation impose, including the interest rate it may charge, as a condition of approving a transfer of the
property to a new Borrower. Borrower expressly waives the benefit of any such State laws. Borrower hereby relinquishes,
waives, and conveys all rights, inchoate or consummate, of descent, dower, and curtesy.
(20j If any part of the loan for which this instrument is given shall be used to finance the purchase, construction or
repair of property to be used as an owner-occupied dwelling (herein called "the dwelling") and if Borrower intends to sell
or rent the dwellingg and has obtained the Government's consent to do w (a) neither Borrower nor anyone authorized to
act for Borrower wJl, after receipt of a bona fide offer, refuse to negotiate for the sale or rental of the dwelling or wdl other-
`r wise make unavailable or deny the dwelling to anyone because of race, color, religion, sex, or national origin, and (6) Bor-
rower recognizes as illegal and hereby disclaims, and will not comply with or attempt to enforce any restrictive covenants
~ cn the dwelling relating to race, color, religion, sex, or national origin.
(21) This instrument shall be subject to the present regulations of the Farmers Home Administration, and to its future
regulations not inconsistent with the express provisions hereof. ~~~~ ~~~'~ a