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8~--~(i2S`' (1SpA-FmHA pO"~O" s Fdrm PmFiA 427-1 NB (: 5-15-74) REAL ESTATE MORTGAGE FOR NEBRASKA THiS b10R'PGAGE-is made and entered into by _~.~ra..~_dM~--a+s_.:_- -_.~'@z~ ~.?~= azld ~he~'_awn ril2it. arr3--as --°€_ the=°t--'-------•-•--------_~_.:-- . -,_~i81~1,--,_~_-_- -- - County; Nebraska, whoa pt»t ofE`ict addrett. is residmB ~- u...w..._.~_--..- -----...._. ----°-._ __.-.._._- -- ...~~..---------...---°_•----'---°---------J._---°-•----__--...i!btid RkV2t._---°------------------r__._, Nebraska ~------, herein called "Borrower," and: WIiEREAS Borrower is indebted to the United Sntcs of America, acting through the Farmers Htmre Adininistrapon, L`nited Stater Department of Agriculture, herein called the "Government," as evidenced by one or more promissory no~t~{a} or assumption agreement{s), herein called "note," which has been-executed-by Borrower, u payable to the~ordec-of:th'e Grnerument, authorises acceleration of the entire indebtedness at the-option of the Government-upon any default by Borrower, and is described u follows: Annual Rate Due'Daa bf Ft~ Date of tnstrumenY principal.9mount o Interest tnstalbnent spay 2Zx 1981. $ 86x000.00 5.00$ ~Y 2hr Z~OI. ~y 21x 1981. $3I2x1?00.00 13.25$ May 23:r 2f111:.-. (If the intrzest rate is less than _-___~_ _?9o for farm ownership or operating loan(s) secured by this instrument, then the rate may be changed u provided in the note-j Artd tlse note evidences a loan to Borrower, and the Government, ax any time, may assign xhe note and insure the pay- ment thereof purattanx to the Consolidaeed Farm and Rural Bevelop:nent Act, or Title V of the Housing Act of 1949 or any other statute administered by the Farmen Home Administration; Aml it is the purpose and intent of this instrument that, among ocher things, at all times when the note is held by the Government, or in the event the Goverr~nene should assign this instrument without insurance ui the note, this instrument shall securt payme"t of the note; but when the note is held by an insured holder, this instrument shall oat secure payment of the nou or attach to the debt evidenced thereby, but as to the note and such debt shall constituee an indemnity mor[gage to secure the Goverrunent agi~tst loss under its insurancr cc mract by reason of ary default by Borrower; Amt this instrument also xcures the recapture of any inrerest credit or subside which tnay be granted to the Harrower by the Government pussuaat to 42 U.S.C. ~1494a. NOW, THEREFORE, in consideration of the loan(sj attd (a; at ail times when the note is held by the tiovernment, or in ~ event the Government should assign this instrument without insurance of the payment of the note, w secure prompk payment of the note and any renewals and extensions xhereoti and any as:reemencs -.oncained therein. including any provision for the payment of an insurance ur other charge, ;b~ at all tunes when the note is held Uy an insured holder, to secure per- &srtrtanee of Bonowei s agreement herein to indunnifv and sane ltunticss the <:overrtment aKainsc toss under its insurance afutraet by reason of any default by Borrower, and cj in any event amt at all eimes to secure the prompt payment of all advwccs and expettditures moue ~y the Government, wn;t mutest, as ftereinaftcr dcscribai, and ti,e periarmance ot` every covenant and agreement of Borrower conuined hercht ur in anv supplunentnry aa~g~''~ement, Burrower does hereby grant, bargsirt, sell, convey and assign, wikh general _:arranty, unto the Govcmntcnt thr tollowing property situa[ed in the State of Nebraska, County~iesj of -..-__-~~. See "Fathibit A" 8ttached 1'c>. FmHP. ~t3?-1 NB t)tev.. 5-i5-79) J