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<br /> ' -,� (Rev.7-89) ' ,-
<br /> � . REAL F9TA�'E MORT(DAGG I�'Olt NFBRA31(A
<br /> � ';���„ 'FHI9MQR7YiAGBi�madeondenteredinteby MICHALI.� A. Rk:1t'NQI.AS �1Nn _ _ ' , '
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<br /> � DESRA A. REYNOLD3 Huc�b�nd and Wi.fe ��
<br /> :, „ , � rcefding in HA�+L _ Couory.Nobro�ka�whoae poat uffice addro��ia _ -
<br /> 17901 W. CEDARVIEW ROAA WOOD RIVER --,Nebraka 6�8..�.�... �� , =
<br /> , ' heeein called"Bonowxr;'and ehe United State:of Amedca,acrtng through che Farmere Home Adminiaaation,United 5tatea .
<br /> Ikpartmont of Agdculture,hecetn aalled the"Governmen t": �""
<br /> � WH6R�AS Eorrower la indebted to the Govorrmcrit,an evfdenced by one or more promiuory note(�)or aa�umpdon f:.—
<br /> , agFeemenc(s)or any shared ap�preeiaaon or recapture agreemenc,he�ein ealled"note,"which ha�been exeeuted by Bortower. - '. ;, ��;
<br /> i�payoble to che o:der of�he Coverament.aut6norir.ea icceleration of the entire indebtedneas at the option of the Guvem- , � ��.�'F
<br /> . ment upon any defa�nit 6y Boerower,and is described as fo]lowa: . .. �
<br /> � . a�=_
<br /> Annual Rate Aue Date of 4Gtnal r , • �, v
<br /> lt��.'�•�.. �_.
<br /> � • ,. Aate ojF'Insln+ment Prlrufpat Amount o 7nterert I�statlknevat �c:.�,. . • _. .,;"
<br /> �.`., �,;i
<br /> Febru�ry 08,2994 $66,400.00 5.�5� February 0�, 2001 , � � '
<br /> �'ebru�ry 08,1994 $68, 3(�0.00 5.25$ March 08, 1995 �; _ • . � . �
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<br /> �''��_ (The interest rate for limited nsource faan ownership or lirtaited resource operating loan(s)seeured by thia lnstrutnent � ' �`,"''
<br /> . map be inaeased as provided in the Farmem Home Administration reguladons and the note.) � �� 'l'.�'�,,��{� _�
<br /> E#nd the notc evidences a loan to Borrowcr,and tise Governmerit.at any time,may auiga the note and inaure the p4y- �- a�, _
<br /> � ment tiureof putsuant to the Consolidaced Farrr,a��J Ru�al Ikvelcpmcnt f.ct,or Titic 1�af the Eieaang Act of l949 x enY r - -. --__ ��' -.- -'!;'
<br /> w,.,.�, other statute administered by the Farmers Ho±ne Adminisaation. fi'; , � '• ,.�
<br /> � ''. Md it is the purpoae and intent of thia;nstrumenc that,among other thinga,at aU times whm the note ia held by the ��." ' �
<br /> � Government, or in the event the Government should atsign chis insaument wi t hout insuranee o f t he nau,t h ie instruanent � � ��`'h�;, ' �
<br /> 'i;,�. � � ` ahall secure payment of the note•�ut Nhen the note is held by an insured holder,this insmsmeat sha}1 not aeeure payrnent ,!��•_'� '_
<br /> of the note or attach to the debt evidenced thereby,but as to the note and such debt shall conatitute�n fredemnit}tnortgage � '�';`•;;:d`�• i
<br /> ; + i..E'� ..
<br /> %,�'� � ' to secure the Government againet loss under its insurancc eontract by reason of any deFault by Borrower; ' �''R+'' ���
<br /> Md this i�strument�Iso secures the recapture of any interest credit or subsidy which may be granted to the Borrower � ,.�'��4
<br /> by che Government pursuant to 42 U.S.C. §1490a, or any amounts due t:nder any Shared Appreciation Agreement/Recap- , �
<br /> � ture Agreement cn[ered into pursuant to 7 U.S.C. 20U1. ,
<br /> NOW,THEREFORE,in consideration of thc loan(s)atid ;aJ at a11 times when the note is helef by the Governmetat,or i
<br /> in the event ihe Govcrnment should assign this instrument without insurancc of the payment of r�c note,to sccure prompt � ''•,;J� _�, )� �tt
<br /> , payment of the no�e and any renewals and estensions thereof and any agreements contained therein,including any provis�on • ��r.�;;'!; - "��F
<br /> for the payment of an insurance or othcr charge,(b)at all times whcn thr note is held by an insured holdcr.to secure per- -•�.s•�' � • �
<br /> formance of Borrower's ageement herein to indemmfy and savc harmless the Government against IoSS under ita in�urance , ;' t��
<br /> • contract by reason of any default by Borrower, and (c) in any event and at all times to eecure the prompt payment of all � .;'� ��I t
<br /> advances and expenditures made bv the Government,with in�erest,as hereinafter deseritird, and the performance of every � �. ' `:• ,. �.�,
<br /> i.,,, � covenant and ageement of 13orro�+��r contained herein or in any supplementary agr<<•ment, Borrower does here'by gant, ; '.�' -
<br /> bar�in, sell,convey and assign,with gcncral warranty,unto thr Covcrnmcnt th� following property situated in the Statcof l;',_
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<br /> Nebraska,Counry(ics)of ' ���'
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<br /> . . Northw�et Quar?.Fr �w �j,^. N[a !�4) or �PC��..iot. Foar (4 j , Townshap }"�'
<br /> : � • Nit�e (9; N�rth, i:ar.qe `I1M1P�.Vf,' ( li , W�sr of :.he Sixth P.M. , Hall �"�
<br /> � C�unty, NE �;, •;''
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