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<br /> <br /> <br />006853 <br />84",..... Po..,.. 5 <br /> <br />USDA.JilDHA <br />Form FmHA 427-1 Nil <br />(Iln. 11-21-80) <br /> <br />,',.., <br /> <br />IlEAL ESTATE MOllTGAG!: roa NBlJ~.A <br />PATlUCK A. GLYD <br /> <br />nus MOtlTGAGE.~ -___ -.by . <br />husband, and wife, <br /> <br /> <br />residins in <br /> <br />Hall <br /> <br />111 Brookline Street, <br /> <br />Doniphan <br /> <br />lMnin caDed "JSorroww," aad: <br />WHEUAS Borrower is indebted to the United Silica of Amtrica, actiDa dIIouP. .. <br />uDitcd S_ Department of ~, h_in c:aDed the "Gowmment," 81 ......."'-- <br />or aasumption ..-_nt(s). bcnin ~d "note." whidt has been a:~ br ~,iI"""'" <br />Gcm:rnmc_. aUthorizes acceleration of the entire indebtedn_ at the option of the Go_ nIt upoa lIBY ~ .". ~- <br />rower...d is deacriW as follow., . <br />A..... We Di.i~~jJIIiJ <br />Dille 0/ ~ PriftcipJ A_nt of""'" J-- . ""-"".., <br /> <br />December 27,1984 <br /> <br />$34,000.00 <br /> <br />11-7/8% <br /> <br />December 21, 2017 <br /> <br />(If the_iR~e!t_~!!..!s_~_~J.!lm _ _~~r(jplftfijiI1oii{ifiCi:ured by tbilm-t, daa. .. <br />.-.- -- -- -. __may--jiC c:haapd as pIOrided in the note.) <br />ADd the note evidences a loan to Borrower, and the Government, at any time, may usip the DOte aad m.r." pay- <br />ment thereof pursuant to the CoDIolidated Farm ud Rural Oeftlopment Act, or Title V of the HOIUIiDs Act of 1949 or lIDY <br />other lC&Qate adminilItered by the Farmers Home Adminimarion; <br />And it is the purpolC ..d intent of this instntment that, amoag other thiRp, at aD times when the note is held by the <br />GowclllRClnt, or in the Cftnt the Governmcot Mould usip this inllnUllCllt without iuuranc:e of the note. this Uutrumcat <br />shaD IKUte payment of the note; but when the note is held by an insun:d holder, this instnunent shaD not _ paymat <br />of the note or attach to the debt evidenced thereby. but as to the note and IUCh debt shaD constitute an indemnity mortpp <br />to IKUte the Gowmmcnt apinSllou under its insurance contract by rcuon of any default by Borrower; <br />And this inSlrument aI.o llICures the recapture of any intere.t c:redit or subsidy which may be .antod to the JSorroww <br />by the Gowrnmcnt punumt to 42 U.S.C. A 1490L <br />NOW. THEREFORE, in cOllaidention of the Ioan(.) and (a) ...t all tima when the note is held by the Gcnernmeat. or <br />in the C"ftat the Goftmment mould auip this inltrUmcot without insurance of the payment of the note, to _ prompt <br />payme_ of the note and any re_ab and otensions thereof and any aanements contained therein, induding any proriIion <br />Em- the payment of an inan_ or other charp, (b) at all times when the note is held by an ituumllaolder, to - per- <br />iilrawIc:e of Borrower's .._nt herein to indemnify and _ hamtleu the Go'IVnment apiIliat Iou under ill iasunnc:e <br />c:oatrlIct 117 rcuon of..y default by Borrower. and (c) in any event and at all time. to _ the prompt payment of aD <br />..m-. and expenditures made by the Gavernment, with interell, as hereinafter dac:ribed, and the pcrformanaf of 4IYW)' <br />~ aad ,,_Ilt of Bonoww contained herein or in uy IUpplcmentary agreement. Borrow.. does IMnby .ant, <br />harpin, ..a. cO11ft}' and ...... with pllC"'! w.raaty, unto the Government the folJowias propcny .tII&tIcd in the State of <br /> <br />Hall <br /> <br />NeIIruka, County{ic.) of <br /> <br />The Easterly One-Half (1/2) of Lot Two (2) and <br />Forty Feet (40') of Lot Three (3) in Block One <br />Addition to Doniphan, Hall County, Nebraska. <br /> <br />the westerly <br />(1) in Rief <br /> <br />FmHA 427-1 HI (Rn. 11-21-10) <br /> <br />L <br /> <br />L <br /> <br />L <br /> <br />~ <br /> <br />..J <br /> <br /> <br />..J <br />