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<br />ITSllA-FntHA
<br />Form FmHA 427-1 NB
<br />(Rev. i-3=rte)
<br />Position S
<br />REAL ES`TATfi~. fvfC)R`TGAGIr Ff7R ivtFl}RASItA
<br />`3'Ei15 Z90RTGAGE is made and entered into by ~' ~ alb t~ S' ~'
<br />$t arxi.~v_ife~_each in his _att~_her csan right ~,3,as s of the other,
<br />residing in ---~--_.......__._~._~..~.~Z~._._~___._.___~ -County, Nebraska. whose post office address is
<br />~~ ~ h`ebraska -•-~8~-
<br />herein ceded "Borrower," and:
<br />WHEREAS Borrower is indebted to the United States of America, acting through the Farmers Home Administration,
<br />United States I?epartment of Agriculture, herein called the "Government," as evidenced by one or more promissory note(s)
<br />or assumption agreements}, herein called "note; ' which has been executed by Borrower, is payable to the order of the
<br />Government, authori~xs acceleration of the emire indebtedness at the option of the Government upon any defatilt by
<br />Borrower, and is described as follows:
<br />,4nnunl Rate Due Date of Final
<br />Dafe of Instrument Ptincfpei Amormt_ o In4erest Installment
<br />March 2, 19?9. $13Q;~c_3t7,46 5.5~ March 2, 2419.
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<br />And the note evidences a loan to Borrower,-and the Governmenk, at any time, may assign the note and•insure the payment
<br />thereof pursuant to the Consolidated Ferns and Rural Development Act, or T isle Y of the of the Horsing Act of I949;
<br />And it is the purpose and intent- of .his instarment that, amoung other things, at aft times when the Bute is held b3' the
<br />Govemment, or in the event the Govemment shouid assign this instrumazt without insurance of the note, this instNmeat
<br />shall secure payment of efie torte; but when flue note is held by an insured holder, this instrnm~t shell not secure paym~,,.
<br />of the-note ar attach to the d::t evidenced thereby, but as to tfie note and such debt shah constitute an indemnity mortgage
<br />to secure the Govemment against-lass under its insurance contract by reason of any defavli by Harrower.
<br />iVt)~, Tf1ER&FORE, in consideration of the loan(s) and {a) at alt times whey the note is'held by the Government, ar is the
<br />event Else Govemment should assign-this instrument without insurance of the payment at the note, to secure prompt payment
<br />of the note and any renewals and extensions thereof and any agreements contained therein, including any prevision far the ---
<br />payment of an insurance oe other charge, {b} at all times when the note is-held by an insured holder, to secure performance of
<br />Borrower's agreement herein to indemnify and save harmltss the Govemment against loss under its insurance. contract by
<br />reason of any default by Borrower, and {c) in aay event and at al} times to secure the prompt payment of all advances and
<br />expenditures made by the Government, with interest, as hereinafter described, and the performance of every covenant and
<br />agreement of Borrower caatained herein or ir. any supplementary agreement, Borrower does hereby grant, bargain, sell, convey
<br />arh assign, with general warranty, untri the Govemment the fallowing property situated in the State of Alebrssica, County{ies) of -
<br />HAZt, OfRR~TY:
<br />7.9te South Half of the 23orl-hsaest ¢tarter (SSd} of Section Eight (8) , in ~-P
<br />Fsl.eve~t (11) Nort.'~i, Twelve (12} , West of the 6th P,M. ;
<br />The- South Half of the Southtaest Quartps (So} of Section Zt~enty-eight {28} , 1
<br />Tos~tehi~ E3.~ {ll} l`dartPt, lie Twe7,ve (12), Nest of the 6th P,A#.; artel
<br />Tt~e iJorth half of the Norttgre~'t Quarter (~} of Section Thjzt~three (33} , in
<br />nsh~p ~levert Cll) North, Range Twelve (12}, West of The 6th P.M.
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