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___. <br />Position 5 <br />.USDA-FmHA ~~"'~" rl w i ~ <br />~~ °~ <br />Form FmHA~4211-NB <br />~~ <br />r--- (P.cv 11 21-SQ) <br />~ REAL ESTATE MORTGAGE FOR NEBRAcKA <br />JANE-M. i$C ALLISTER <br />THIS MORTGAGE is made and entered into by.. <br />a single person <br />residing; in Hall County'; Nebraska; whose posroffice address is <br />Donphan ;Nebraska 68832 <br />, <br />herein called "Borrower,,, ands <br />WHEREAS Borrower'is indebted to the.United Sates of America, acting through the Fazmers Home Administration, <br />United States Department of Agricultwe, herein called the "Government;" as evidenced by one or more promissory note(s) <br />or assumption agreement(s), herein c~~ "note,°' which has becnexecuced by Boaower, u payable tolthe order ofthr= <br />Governmmq authorizes acceleration of zhe entire indebtedness ax the opxion of the Government upon any defaulrbyBor- <br />xowe:, and is described as`followsd <br />dnm,ad Rare Due Datt of Finab <br />Date orlrtstrurnenY Principal.imounr of Interest InstaRmenY <br />September 17,'1982 $43,000.00 13.258 September 17,2:015 <br />(If the interest rase is less thane % for farm ownership or operating loan(s) secwed by;this imtniment, xhen the <br />rato may be changed as provided in the note.) <br />And the note evidences a loan. to Borrower, and'the Government, ak any time, may`assigo the note and inswe the pay- <br />ment chereo£pwsuanr co the Consolidated: Farm and:Rural.Development Act, or Title. V of the. Housing ncYOf 1949 orany <br />ocher sxatutc administered by the Farmers Hvme Adtninisvation; <br />And it is the purpose and intent of this instnument thaq among other things, ac all times when the note is held by he <br />Government, or in tht event the'Government should assign this instrumenrvrichout inswance of the note,:.this instrument <br />shall secwe payment oEche note; bux when the note is held byan_insured holder, this instrument shall norsecwe paymc .+- <br />of the noto- or breach to tht debt evidenced thereby; but as o the note and such debt shall constitute an indemnity mortgagr <br />to secwe the Governmentagainatloss under its insunntecontradby reason of any default by Borrower; <br />And this instrument also secures the recapture of any interestcrodit oz subsidy which maybe granted to the Borrower <br />by the Government pursuant to 42 U.S.C. §1490a. <br />NOW,1'FiEREFORE, inconsideration of thedoan(s) and (a) ac alltimes whenthe notris held by the Governmenc,or <br />in the event the Government should assign this instrument wixhout inswanccof the paymenx ofthe note, to secure prompt <br />payment oE`the note and any renewais and extensions thereof and any agreements contained therein, including any provision <br />for the payment of an insurance or ocher charge, {b) at all times when the-note ishdd by an insixred holder; to secure per-' <br />formance of Borrower'sagreementhereinto indemnifyand saveharmleas:the:Government againselossunder its. inswance <br />contract by reuon of any defaulEhy Borrower, and (c) in any. event and stall times co secwe.rhe prompt payment of atl <br />advances and expenditwes made by the Government, with interest, as hereinafter described, and the performancE o£ every <br />covenant and'agrcement of Borrower contained herein or in any... supplementary agreement, Borrower does hereby grant, <br />bargain, sell, convey and assign, with general warranty; unto the Govertunent the followingproperty siruated in the State of <br />Nebraska;County(ies)ofi Hall <br />The East Forty (40)`feet of Lot Six (6} and '.the invest Twenty (20) <br />Feet of Lot Seven (7) Block.. One (1} Rief's Addition to 'the <br />Village of Donphan, Hall County;, Nebraska <br />FmHA 427-1 NS {Rev. 11-21$0) <br />L__. <br />t <br />+s #' <br />