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USDA-FmHA Position 5
<br />Farm FmHA $27-1 NB
<br />(Rev. S-IS-79) REAL ESTATE MORTGAGE FOR NEBRASKA
<br />THIS irdflltTGAGE i; made and entered into by ____...__ r?~JE. `7• _~7, :T7k • POND A~' V• AL~r
<br />h~ anr~_w,i..1Ee~. each_in_.his_arid,her cxa~_ri~ht-and. as_ spouse. of _tYe .cstt~s,
<br />residing in _-_-_-__._--_---------Ra'! 1"_---_--------- .------_..__---County, Nebraska, whose post office address is
<br />_~'...~.r 8z_..~--'------__---_.'-_'-'--_„_.-"_____'.__'--'•A]J~ t~1Ve~--".'-". , Ncbrzska _EiSSS~--_"-
<br />herein called "Harrower," and:
<br />WHSILEr1$ Borrower is indebted to tht United States of America, acting through the Farmers Home Administration,
<br />United States Lkparxment of 4griculture, herein called the "Gavttttmer_t," as evviderced by oar or more pramissory notes}
<br />ar autunption agreement{s), herein called "note," which has been executed 6y Borrower, is payable to the order of the
<br />Gavtmment, authorizes atzeieration o*` the entire indebtedness ac the oprion of the Government upon any default by
<br />Botrowez, a.~d is described as follows:
<br />.irrm,al Raze Due Date of Final
<br />.Llafe oflnstnemerrz Prit:ciP;ti -amount of tntzresf Irx;fal/went
<br />pGtober 9, 1979. $4,100,00 9.0$ Qctober 4, 2019.
<br />tIi tae interest rate is ltss than __._-___.._._~, fey farm awnershtp or optranng loans' secured b. this instrument, then the
<br />.art rear bt changed as provided in the no,c.'•
<br />And the nace tcidenees a Iona to Batn:wrr, and a§r Govtmmrrt, at ant rimy, mar as;ice the Wort and insurz the pa4•-
<br />tneax tkercof pursuant t¢ rBe Consolidated Farm and Kura? I3evelapmtnt Ara, ur Title V of die H¢using Act of 2949 ar any
<br />or'lrrs sa:utc adxrxin'tstertd by vte Fumr;s Home Adtninistzatian:
<br />An : it is site putpc>.se and inttat a2 this instrument that, a;nong othtr zhicgs. _, .'_::.:,,-••s when tht Wort u he23 b} the
<br />Govrrnntcnt, of in tar rvcnt the Givern;tnent should assign :his iosnvment a-ith, ut inst*_ran:r ¢f tht Wort, this instrument
<br />sha`! secc:,rt paym;~tt of rhr na:t; but wrtn the nozr is held y ac, insured holder, this itsstrumrat shy not secure payment
<br />a£ tar Warr ar attach to *he debt tvidrrctd ~erebr, but as ra zht Watt and such dtbt shall consticutt an indemnity mortgage
<br />m sreu-tr t3se G:mrtunrnt against lass under iu insurance contract by rtasan ai any dria_?; t~.~ S:~r:aa~tr:
<br />And this insentmrnt also sacures the rt%apturr of any interest 4ztdit ar st:Sssdv •ahi.l: pia. ter .~.aatrd to rhr Aorrower by
<br />the Gorezzunrnx pnrsuanz zo #2 L.S.C. ~2490a,
<br />?+tC)51', 1'HEREFOit£, in cattsidrt~tion of tht laan~,s; and 'a' at all times when rhr not:: is !rtld by tht Government, ar in
<br />z6t event tlsr G nxrnencnt shauld assir~ this instrument withaut inserance of iht payment of the Hatt, to seturt prompt
<br />pQ~svmrnt of the nou znd any rtnewals and tztrnsioas tatrroi and ant .;w-rrements .ontaine;! 2:^.trr=n, intltriin~ arty psovisiion
<br />~r tae psymtnt of .a xnsu.-utcr or etbr: charge b`. at ah times whtn the dolt is :old ; c an insured hcldte. to x,:tae per-
<br />fosmastkt -f B~rrtnvtr's agrea,-Went htrt;a to iaa~nrift- ary3 save hutr;itss rhr C;ovtrarnraz a~-in:,: nos.; etn3r: ins instuitsce
<br />cxssttsau by as;ascn of sac drfauIt be Bontrrrr< am! icy in any treat and at a!! times to stctart the p*tianpt Payment of aIl
<br />ad$aar;.zs as3d rapenditurts ma::r :. u.e Gra~rnntent, wit;a intrrut, as ntrt*_naitrr describt.;,~h *_i;t +rriormatct of treri
<br />usctssant -nd ag;ttasrnt of Bwrrc.,vzr tam mined l:trtin or t,, -ant supplttnentary a;~.remtnt, Banowrt does lttrebY grant,
<br />lru[asa, seB, canve± and assigrz. vaith grncral x:..-txnrxr, ante tht Go ~tnment rhr iahewin; proptrtt' seated in chi Start of
<br />t
<br />~israsis, Cattnn ;its! of .--_- ,-±.
<br />Ttte $nuth Afal f Gf tt~e !~o~res't Quarles {S) tzf Secti,cm 7Wenty-four i24j ,
<br />1=3..evc~t (1.1}, 2kel~e (12}, West of ~e 6th P.M.,
<br />~ a mra-kgage 3A fawr o£ RYte F'ed,~sa]. ISnd BAfIk Of t30dha ari the prin-
<br />ci~al aeotourtt of S2fl, 900.00: and
<br />fla+4F mr-IA 43'-i tiB 'Itr~. ~-IS-79+
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