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USDA•F*HA
<br />Fors FmHA 427 -1 NR
<br />(Rsr. T-tw)
<br />1
<br />Positiat S
<br />89--
<br />:105283
<br />p 3
<br />528
<br />s RAL sr"MATE -M '�11t7�C Fn oust I.QK - -
<br />M
<br />.r ir . IGAMI it saa& and-cowed into by iud
<br />w_ J Schultz, agband
<br />and Irifar
<br />reswa t8 in Half County. N+tbtmis:ca, whose pnst office address is
<br />1
<br />Route ti, No 199,Cai7ro , Nebia "-, .. :AAA'Ji - ,
<br />i`iireis ended "Nowrewpsi,' utd the United States of America. acting throu# the Farmers Hosne Atbuiniitrstion, United Stoles
<br />iJspsrtwtai of Agricui(ure. herein called the "Government
<br />WHEREAS, Barrowwr is indebted to t1w. Gorerostent+: evidenced by ate ! tttt gr , : ;fit < -3 i;aspa!PR�iors s t,r:
<br />����r iwr idenc �.., 1�r,/�► (
<br />misra"Wat(s) or any A" a�kdon os :� a�r�t, �cis'..M1M� -
<br />is payrYe;ca tie.xo;=±sf_ sweat, atielt oai ►diE'ss�irxcfweetr
<br />meni triadeKaan Y be as fotilaii
<br />LQil g( "OR, '•PriMCipal of !. .r• �L.. .
<br />September 27, 1989 52,659.14 8.75% September 27, 2020
<br />(The interest rate for limited resource farm owner +hip or Whited resource operating loan(s) secured by this instrument
<br />may be increased as provided in the Farmers Home A&Walsamion regulations mind the note.)
<br />And the note. evidences a loan to Borrower, sad. the Government. at any time, may assist the note and .insure the pay -
<br />moat thereof pursuant to the Consolidated Farm and Rural Development Act, or Title V of the Housing Act of 1949 or any
<br />other statute admiaisured by the Farmers Now Administration.
<br />And it is the purpose and intent of this instrument that, among other things, at all t•. -man when -the note is beld by,.tha
<br />Gorersrneat, as ire the twat the Goveenrneen should assilps this instrument without insurance Qf the note, this instrument:
<br />shall secure payment of the note; but when the note is held by an insured holder. this instrument:'shall not secure payment
<br />of the :cote or attach to the 46. evidenced thereby, but as to the tote and such deb; J61,11 ctntstitute an inderiio f r�tWAq
<br />to secure the Government sgaLr.ia4,%s under its insurance contract by reason of any de�blc Beetower;
<br />And this instrument a1sc secures the recapture of any interest credic.or subsiely' K kay be granted to the Borrower
<br />by the Government pursuant to 42 U.S.C. 63490a. or any amounts duir finder any Shared Appreciation Agreement /Recap-
<br />We Agreement entered into pursant to 7 U.S.C. 2001.
<br />NOW, THEREFORE, in .atArsideration of the loan(s) and (a) at all times wheat: the note is held by the Government, or
<br />in the event the Government sfialuld assign this instruttent without insurance of rht payment of the note. to secure prompt
<br />Poayment of the note and any renewals and extensions thereof and any agreements orntained themit, includinE any prosisim
<br />e the payment of an insurance or other charge. (b) at all times when the note is held by an insured holder, to secure per.
<br />formance of Borrower's agreement herein to indemnify and save harmless the Government against loss under its insurance
<br />contract by reason of any defeAtr by Borrower, and (c) in any event and at all tithes to secure the prompt payment of all
<br />advances and expenditures ma& h}y the Government, with interest, as hereinafter described, and the performance of every
<br />covenant and ageement of Borrower contained herein or in any supplementary agreement. Borrower does hereby grant,
<br />bargin, sell, convey and assign, with general warranty, unto the Government the following property situated in the State of
<br />Nebraska. County(ies)of Hall
<br />The North Half of the Northwest Quarter (N %NWk) of Section Twenty —One (21), in
<br />Township Twelve (12) North,Range Eleven (11), West of the Sixth P.M., Hall County,
<br />Nebraska
<br />FmHA 427 -1 NA ([rev. 7 -89)
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