|
<br />I
<br />
<br />84.__
<br />
<br />002949
<br />Position 5
<br />
<br />USDA-FmHA
<br />Form FmHA 427-1 NB
<br />(Rev. 11-21-80)
<br />
<br />REAL ESTATE MORTGAGE FOR NEBRASKA
<br />
<br />THIS MORTGAGE is made a.nd entered into by
<br />
<br />DAVID N. OGDEN, a single person,
<br />
<br />1
<br />
<br />residing in
<br />Rural Route 1, Box 10, Wood River
<br />
<br />Hall
<br />
<br />CU-Uilty, NebriAak., whoSE: po~ offICe ;u:!dress is
<br />
<br />, Nebraska 68883
<br />
<br />herein called '"Borrower ," and:
<br />WHEREAS BOtTowu is indebted to th~ United States of America~ ...-eting through the Farmers Home Administration,
<br />United Sta~e' Department of Agtkulture, berein e>1kd the "Go_JUneot," .. mdenced by one or InORpromiuory no~e(.)
<br />or UJumption agrttmel1t( .sj. he<<:in called Hnote," wbic.h h.u. hec:u executed by Borrower. is payable to the- order of the
<br />Government. a.uthottzt$ u<<la.r.ion of the e.ruire indehudness ~c: the option of tbe- Govcrnment upon any default by Bor~
<br />row<<. ..,n-d i:'*- d.escri.bed ,as foUows::
<br />
<br />[ldtt: oi ltutrwrurnt
<br />,
<br />
<br />Principal ,i f'tiJw.m
<br />
<br />A.......,j Rare
<br />of interest
<br />
<br />Due D4te of Find'
<br />1mt411m_
<br />
<br />
<br />June <, 1'184
<br />
<br />S74,OOO.OO
<br />
<br />10-3/4%
<br />
<br />June 1, 2014
<br />
<br />{if the mtnut rate 11 ie.M dun _ % f(}f f.a.rm ownership t..'lr operatmg loan(s) secured by thu inJUumeAt, then the
<br />ute m&f be du.nvd u provu.ieci in th~ nol~, ,I
<br />And tht nm.e -t"y\denul .. kn.., h i\onuwtt. ;,md th-~ G-ovet"nme-ut. at 2.ny time. ma.y ~.uign the notc and in.auft- the pay..
<br />nunt t~.reot' ~~ltU.nt t-tJ tI,.. Cwt.aohd.;tl'ed Farm ...u.d Rur:al f)t!nlo-pm.~nt Ac_t_. or Title V O-f tbe Hou.Jiins_Aet oi 1-949 <X'....y
<br />,,1fh_et Jla-tut~ sdmuua~d by th~ :f~nnen Home' Ad:muUstrat:KJn:
<br />""_nd H: u th.t' p-urp-<u.e ..nd U1tcnt nf thu In)trume-nt tht. .utl-OJ1i iJth<< t-hinJl. .,.t aD tSmIU when the DOte is held by the
<br />l.ri:rvunntt:nt. ():' HI the t"Vt'nt t~ C~"Tr"m('fU ~ouki auiCn thu tlutfUJIle-ut wtU.O-\lt in.Nr-an<< of the note. thit intttument
<br />>hall .,,,m< I"}'"",n. of th. note. b.., ...I>.n ,h. 00.. .. hdd hy an ituund holder, ,j,U i>wrv_nt "1l"<lt_I'~YJDlOf"
<br />0;.,1 the n(;f*~ -or ~t,ach tr..'l tb(: debt CYt<:ktft-i:-<<i rhef1-!.'-by.. bl"l:( u to th~ now litt4 such d~bt shaU (f".J.Q.Sljt.Ute:-a.ft ln~ity f.'ft(lIf~
<br />hJ- _(-un: lite Gow_nnnc1'lt ;tp_al Iou tL"tde:f lU- JA.Juun.ce t;outnU by fUlOn al my ~f.u-h by Borrtt-W<<'.;
<br />.'\no: thil tn!U'U-mtnt' >>i.o teCW'e-s tiN- rlf(:-.ptun 0-1 ..DY tutttUt c-nUn (.l:f subftdy _hkh m2-T be puted -to the-,-1kJr:nn;cr
<br />try th~ G-1.~n:l pm-~&t!-t tt.'t 42 U,S,C_ ~ I 49t):i-,
<br />NOW. THEREfORE, '" 'QMJden'~'n of ,h< k,,,,,,) ond (0).' all rim... ...h"n the no."...beld hy-th&Go~I:,<>t
<br />in tit.. ewut tm ~f'nm.d1t -.hould ~ th_Q m~f"umtnr W~hQU:1; lnlUfUCt: ~)J t~ p~:ym<<D-t of th~ nQle.. ~-~;prOmp~;
<br />f4'f~trt of :the ::otc ;ute a,Q'1 f~!'iCW.ab U-A ('"...~~mn~ :hc-rC'Ul ;tnd ~It'y agtnunenu toQnt.alncd -thc-ft'lo, ~ aay,_~
<br />fOf th~ v-.')'1'ftt'!U: o( .,. ~C' ill' !'.i'lhu t::hMp~ {h) .u- ...U -rimc-. w~t\ the flO:tc it held, by an ia..,..d-holdct. ttl-:trfCUfC\pe:t'...;-
<br />fiX~ of .8-onnwer-'J; .,,~m~n-t h~w to mdtml'1-tfy uui ;taft hantlleu the (ri,)ftf1'UlU"lt a~ __ UDdu itt --iftiURace-
<br />c'OnttKt hy n':U\'m of aJ1'r ~b:ult ~ &ff-owtW, ad {c} ia aftT ~-nt And ..t ~U tUn<< t() fC(';UU the prompt paym_. of..
<br />.dy,"".,.,. .nd npendi1ut'" m.... by ,I>. ",,_nm""t, with in...-, .. b.......f..... deocril>..d, """ the ~_' of ~.
<br />c""...... ..ul "l!'........"l oi 1l6tt_ cuntamed hot.in '" in ....y suWMm""wy ~t, B_ doe. ~ Pllllt;
<br />wpi=. ~.ll~ ccn'l't')' ~d it~, w~th r!\t"!.J w_n.tu.:'r, uaID [he< ~nUf"!1U ~ fo:l1owinfproperty aitu...iau.-S".,of
<br />
<br />N-<<htuk.. COUAty~' tel-I uf
<br />
<br />Hall
<br />
<br />The South Half of the East "aIf of the ;;orthwest. Quarter (S~EJs-NW%) of
<br />SeCtiOn fourteen (l4), Townsrnp Ten nO) North, Range TWelve (12) west
<br />of the 6th P.M., 'iall County, ;ciebraska, together with an easement for
<br />logress and egress as descrih€!d Hl a ;'Iarranty Deed recorded !'larch 9,
<br />1984 as Document #84-001246 in the Office of ~~e Reqister of Oeeds of
<br />Hall Coun ty, Nebraska ~
<br />
<br />FmHA 427-1 NB (R..., 11.21-80)
<br />
<br />u
<br />
<br />L
<br />
<br />-1
<br />
<br />L
<br />
|