� . . . . � . . . . . � . . . . , 0.. MAi . �. . . . �
<br /> y � . . . . . .. . . . � . . . � . . . . . � fiW •� . �.
<br /> R � ' �
<br /> ��: . ,
<br /> '>:
<br /> '`; 7b. O 0 5 '7 �? �
<br /> . �
<br /> �
<br /> , ��
<br /> ,;�; � � ;
<br /> , nr:rzcr.r vix i �
<br /> ;
<br /> �,: � �
<br /> ,
<br /> =i��� . . . . . � . . � . . 9 .
<br /> �;� zrvvrsTn+rraT;, �
<br /> ,� �
<br /> �� �
<br /> :;? Section 1 . Planey , held f� r the crcdit of any Cund or.
<br /> ,
<br /> ��
<br /> � account under thi , P +ortqage , sha11 be hept invc � ted �� nd reinvested f ,
<br /> � by ttie 't'rustee in direct obliaations of thr. United Stnte , c;overnmen � �
<br /> ;z y,
<br /> >;? :
<br /> � or in obliqr� tions of anencies or issuers �ehich are quaranteed by i
<br /> � ;
<br /> Y the United State > Government , or in ot? .liqati. on � is , ued t�y any of
<br /> � :
<br /> � the Peder. al L<1nd 13anks , Pedr.r�11 Intermecli� te Credi. t 17an }: s or. ri��nks ;
<br /> F� Ear Cooperatives under the su�ervi .^, ion oE L- he I'arm Credit Adminis -
<br /> t,. ;
<br /> � tration , �allich have maturity dates , or ar� > ul�ject to redemE� tinn ;
<br /> ' ;�
<br /> ,� or. sale by the holder , aL• t}te o�� tion of the holder , on or. prior to ; ;
<br /> �itt �
<br /> z�; the dates the funds will he needed , cil � .ligation � so Purchased nci �n S �
<br /> ;� �
<br /> .� investment of money^, shall be held b�� or. under the control oE the '
<br /> ,� 9'rustee and shall be deeme�l at all times a >>ar. t of thr L• mict � r. nccount i ,
<br /> � � from �ahich invested , c� nd tlie interest accruinn ther�on and any pr. ofit `
<br /> * �
<br /> z realized [ rom � uch irivestments ,hall. be crec.ii. � ed t� such f: und or.
<br /> '. .;.
<br /> ,�
<br /> , account , and any loss rc ,ultin � frnm such i.nvcstmr. nt shall. he charc7r_ d
<br /> ,3
<br /> $ to such Eund or .lccount . The 'Prustee shall :;e .11 and mc9uce to c�ish
<br /> >.i; �
<br /> q4
<br /> "3 f: unds any investment in the Constructi.nn Fund uron �ari. tten advice
<br /> �
<br /> ; fr. om the Lessee .
<br /> , s�
<br /> 'i � ection 2 . In ncldition to ,� ncl not��i. lh � t �lndinR the limitn -
<br /> ;,�J
<br /> °, tion� on investments in Section 1 hercof , any monoy � held by 7` rustec
<br /> ,,
<br /> ' � in any fund or �iccount may I�e 1. nvest�d in bank savinqs ar. counts
<br /> ';
<br /> ;� or certificates of clei�o :; it• i. ssuc� d l�y b�� n }: s , inclu�iinq 'i'rustce
<br /> � .;� itself , to thc extent Chat such crrtifi. cates nf d�� po .^, ii: �1re fully
<br /> � r;3
<br /> �; insured hy the T'ederal. beposit Ine. urancr Cm� ��nr,� t� i � n or nre coll .� ter -
<br /> `� alized to the same extent nnd in thc s�vne manner as other hank
<br /> ���-s � � � �
<br /> � '� deposits of the Cnunty nre recTuised to hr. :� ecured ; provided , hrn,�ever. , :
<br /> :�`:'i;
<br /> r ; no such collaleral shall 1�e rec � uired as to ccr. tifi. cate � of dei�osit
<br /> j � ":e,, � a +' �:
<br /> t
<br /> t`� =! ( a ) lSSllO (� LiY banks hnvin�7 cani � � l. stock , sur. plus �� ncl und .ivided 4 `
<br /> � C;r � i`` :
<br /> � , : � Yr
<br /> ; �
<br /> � �. � ;
<br /> -r s
<br /> � - �,
<br />�
<br />�
<br /> �
<br /> _ � �
<br />
|