1
<br />USDA-)h'mHA O~"® ~ (~ -~ ~ ~ 6
<br />~orzu Fmt3A 42' S, NB
<br />(Rev.ll-21$0) -
<br />REALBSTATEMdRTGAGE FOR !Y~;HRASIiA
<br />I~RtTIN 9J[1i.~ etld 7 a~~__~F rt> mr:NRU-ttt^ -
<br />THIS ENORTGAGE is made and etttered into bp, S'3~+~~
<br />F,t,.t,ar,ri 3SIL~ 1 laC.Yl i21 hiE 31Y7d I1Q' ~Yfi LI~ B}~ AB 9pDl1aB of t21C Qtllgl.
<br />rcudiag in ~' County, Nebnska, whose post office address v
<br />Aot11tC 1r: Ek9C I73 C81so ,Nebraska 68924 ,
<br />herein called "Borrower,>, amd:
<br />WHEREAS Borrower is Indebted to the United Statesof America, acting rhtougli the Fumers liomc Administtatinrt,
<br />United States Deparrnisac of Agtinrlttue;' herein called the "Govcrntneat," as etiden«d by one ormote promissory rsote(s)
<br />or uvumptmn agt~ment(a), herein tolled.."'rtote.° which.:ktas: been executed by'Borrowec, u payable to the order of the
<br />C,overnmeat, autfiorirts accelerarionofthe enure iitde'vtcdrsess at the.option-oftlie Government-tipon arty default by Bor-
<br />rowrr, sad is described as{ollows:
<br />.3r»rsal Raft Due Date of Fi.wl
<br />..Dote of InstrrsrntssE Prirscipal.,9mounf of Interest /nttallmmt
<br />~C,f.l 27 r I9$Z. $12fl P 0€10.00 3.3.25$ ~1Z? r 2012 .
<br />(Lf rile Interest me is less tbaa ~ ~ for farm ownership or opecattng loants) secured by this inittument, then the
<br />ntc may btchaagedu prrsvided.:ut tluttote.)
<br />And the Host e~ideaees a loan to Boretrwer, and rift Government, zt any time, may assign the note and insure the pay-
<br />mcnt themof pennant zo tlrrC,onsotidaaed Farm grid RuralTaevelopinent Act, or Title V of xhcHo>-siugAct of ] 949 oc any
<br />orlter statute admitsiatered bq clic Farmers Home Administration;
<br />`And is ;s the purpose sad intent of'titis inatsuasent that, amon~g'otber things, at all times when the note v held by the
<br />Governmen[, or in the dent the Government should assign,'this inatruracnt without instrance of the note, this instrument
<br />s1u16 sccttrc paymetu of the note; bnt when the note is held: by an insured holder, this uss~meat shall not. secure payment
<br />of else note or atncL co the debt tvideated tlrerebyi but as to the Hate and such debt shall constitute an indtmnity mortgage
<br />to secure the Govsxnrnent against loaf trt,der its irrsuraace contract by reason a£ any default-by Borrower;
<br />And the mstrirmen< also seetaer the recapttue of aay intcrurcredit or subsidy which may be granted to the Borrower
<br />bytbeGo.ernmentpurruantto42U.S.C.1490x.
<br />NOW, THEREFi)RE, in ccxs.ideruian o! the loanjs) and (aj at all rimes when else note u held by the Government, or
<br />its dte cocas the Government should asY61t this ;nstrument withrntt insurance of the paytr.rnt of the note; to secure prompt
<br />payment of the note and any rersewds and ascensions thereof ind any a}pecmrnu contained therein; ifwchtd;ng any provision
<br />f« the psyrnent of an mwsrance or other charge. (b) ae all times when tha noee is held by an insured holder, to secure per-
<br />formassce of Borrower's agseemrn[ herein to indcmnifq and save harmkss the Government against loss under its insurance
<br />mntnct by mason of any default by Borrower, and c) is any e-ent a-ud at all times to secure the prompt payment of all
<br />advances and espeaditures msde by the Government, with in eaten, as hereinafter described, and the performanu of every
<br />covenant and agreement of Borrower contained herein or in any suppkmrnta:y agreemrnt, Borrower dons hereby grant,
<br />bargain, sell, comry and assign, with general war nnty, unto the Covrrnment the following property sinrued in the State of
<br />Nebras~,Countv(ics)of X11 _,
<br />.-• l~If .Gwsfl~-- Qiit~t Cf the Sotlttl~Yt Qllait.~ (~lt~ Of S0L•t~G[I empty-thLG~e
<br />_ (23); and
<br />'~IItL past ~ th Np[ttlsast Qtlarh~ 01 ell! SOtlt]l~it: ~klEtttl~ (P4:.:lF~$!~t) Cl'P $[iC-
<br />tfAl Tr>~sty-six (26) r rtiic3i lies meth of ter noxth~rly ric#nt of way Iiiee of tote
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<br />FmHA 427-1 NB (Rrr 11-21-&O)
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