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F <br />0 <br />.Y Position 5 1 ) <br />USDA-.F=NA 89 -, <br />Form FmHA 427-1 ND 105984 <br />(Rev.?-") � — <br />i into by I <br />.pop" AWIU�Ww V 4 <br />-.4 <br />%Mtft: 1, - ,BCK- 1"* Caig* Nebraska 68M <br />havin C41ka 963amniver," and Am thkked States of America, saingthroulk the Farmers Hossie A;hrii"istration" United State <br />baparawat of Agriculture, hetain'tall&A the "Government ": <br />WHEREAS 5wrower is indebted to the Government. as evidenced by one or mom prendsory, noto(j). or a"Mapdon <br />spawsm(s) or asy shared aWsciation ot'recoptux affeensem. lw#W called "rwe," which has been executed by Borrower, <br />is paysible to the or4w of the Gov*rnsa ot. au*cwizft acceleration of As entity WdsWeduIspu; as the option of the Govern- <br />meat upon any default by 90"wer. avid is &Sctiw as follows- <br />(1rhc intemn. Iaz& for limited resource farm ownership or limited VcK=ce operating loan(s) secured by this instrument <br />may be increased is provided in the Fasrawn Home Administration repladons and the note.) <br />Ash the now evi6mom s,. tones to Borrower, and the 6vwwftor� at any ftep"May assign the note and inuan 4ke1poy. <br />10140ir-41wed t to time Call"da" farus. a".j[JW'4 Developti4st Ac4 w; ritio V of the Hou4ng Act of 1949 or spy <br />otbeficatute=- <br />that, ansaft Qtkr things, at all ti sees when the note is held by the <br />w jo;.dw event** Govetikwl% should anion this intiliument without Inautanot of tits note, this instrath"t <br />shall secure psymwt of the note: but wkoy. the note is held by an izasred holder, this instrument shall not secure payment <br />of the note or attach to the a ­. evidenced thereby, but as to the note and such debt shall con.n.tute an indemnity mortWe <br />to secure the Government agkinst lost under its insurance contract by reason of any default b ' * <br />Is d the Borrower <br />And this instrument also secures the recapture of any interest credit of subsidy war grunte to <br />by the Gowentimeisi pursuant to 42 U.S.C. §1490a, or any amounts due under any Shared Appreciation Agreenwnr/RecW, <br />ture Agreement .mr/lered into pursuant to I U.S.C. 2001. <br />NOW, THEREFORE. *m consideration of the loan(s) and (a) itz A times when the note is held by the Go"Mmentxv <br />in the event the Governmeio., iWould asW this instrument without insurance of the payment of the note, to secure prompt <br />payment of the note and at'f.-'reviewalsand extensions thereof and any agreements contained therein, including any provision <br />for the payment of an insuT**rr r;:F 6-i-mv charge; (b) at all times **tn the note is held by an insured holdei. to securt per- <br />formance of Scr"er's apvm4-,et to indemnify and save hArmL-u the Government against loss under Its inwroi�* <br />contract by reason of any &A�tJt by Borrower. and (c) in any event and at all times to secure the prompt payment cf all <br />advances and expenditures tn*de by the Government. with interest, as hereinafter described. and the perforinance of every <br />covenant and agreement of Borrower contained herein or in any supplementary a cement. Borrower does hereby grant, <br />barSin, sell. convey and assign, with general warranty, unto the Government the following property situated in the State of <br />Nebraska, County(its) of hall <br />The North Half of the Northwest Quarter (N%Nwj) of Section Twenty—One (21). in <br />Township Twelve 912) North, Range Eleven (11), West of the Sixth P.M., Hall County, <br />Nebraska <br />IN <br />FmHA 427-1 NB (Rev. 7-89) <br />�1 <br />I <br />a. <br />Ite <br />_1 <br />Doe DWte of FkW <br />Date of huftne"t <br />AWN ■iNmount <br />September 27, 1989 <br />157,950.99 <br />ITAI. <br />September•27, 1999 <br />Daft Of Instrument <br />&ww ftw of tat. <br />Dm vau of viad -2wtammt <br />September 27, 1989 <br />520,65�e14 <br />8.7S% <br />September 27, 2029, <br />September 27, 1989 <br />3,10*84 <br />8.903 <br />September 27. 2018 <br />(1rhc intemn. Iaz& for limited resource farm ownership or limited VcK=ce operating loan(s) secured by this instrument <br />may be increased is provided in the Fasrawn Home Administration repladons and the note.) <br />Ash the now evi6mom s,. tones to Borrower, and the 6vwwftor� at any ftep"May assign the note and inuan 4ke1poy. <br />10140ir-41wed t to time Call"da" farus. a".j[JW'4 Developti4st Ac4 w; ritio V of the Hou4ng Act of 1949 or spy <br />otbeficatute=- <br />that, ansaft Qtkr things, at all ti sees when the note is held by the <br />w jo;.dw event** Govetikwl% should anion this intiliument without Inautanot of tits note, this instrath"t <br />shall secure psymwt of the note: but wkoy. the note is held by an izasred holder, this instrument shall not secure payment <br />of the note or attach to the a ­. evidenced thereby, but as to the note and such debt shall con.n.tute an indemnity mortWe <br />to secure the Government agkinst lost under its insurance contract by reason of any default b ' * <br />Is d the Borrower <br />And this instrument also secures the recapture of any interest credit of subsidy war grunte to <br />by the Gowentimeisi pursuant to 42 U.S.C. §1490a, or any amounts due under any Shared Appreciation Agreenwnr/RecW, <br />ture Agreement .mr/lered into pursuant to I U.S.C. 2001. <br />NOW, THEREFORE. *m consideration of the loan(s) and (a) itz A times when the note is held by the Go"Mmentxv <br />in the event the Governmeio., iWould asW this instrument without insurance of the payment of the note, to secure prompt <br />payment of the note and at'f.-'reviewalsand extensions thereof and any agreements contained therein, including any provision <br />for the payment of an insuT**rr r;:F 6-i-mv charge; (b) at all times **tn the note is held by an insured holdei. to securt per- <br />formance of Scr"er's apvm4-,et to indemnify and save hArmL-u the Government against loss under Its inwroi�* <br />contract by reason of any &A�tJt by Borrower. and (c) in any event and at all times to secure the prompt payment cf all <br />advances and expenditures tn*de by the Government. with interest, as hereinafter described. and the perforinance of every <br />covenant and agreement of Borrower contained herein or in any supplementary a cement. Borrower does hereby grant, <br />barSin, sell. convey and assign, with general warranty, unto the Government the following property situated in the State of <br />Nebraska, County(its) of hall <br />The North Half of the Northwest Quarter (N%Nwj) of Section Twenty—One (21). in <br />Township Twelve 912) North, Range Eleven (11), West of the Sixth P.M., Hall County, <br />Nebraska <br />IN <br />FmHA 427-1 NB (Rev. 7-89) <br />�1 <br />I <br />a. <br />Ite <br />_1 <br />