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<br /> kl~xdtiran
<br /> 1JSDA-FmHA
<br /> d'crtrn fi araH13 X4.'7 1 rv""'i _ S. 1-004027
<br /> REAL ESTATE M.(;RTGAGE FOR NEBTtAW.4,
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<br /> `I IsI,t7T_ i K '
<br /> HIS Nat RTGAG~T ismule and entered into by Ash 1~'.~ HAD FrI `
<br /> HPOENFELDT,, HQsband and W.A.f
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<br /> rtsiding in WILL .....C:ounty, hd6=skat, whose post ofEicr address is
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<br /> Route, I CA11,16o 69924
<br /> herein calkd ` Borrowrex,'• amdc'
<br /> WHEREAS Borirowe r is iodebted to the 70aiterd States. of axcrk:a acting through th:c Farmers Horne A,dn nistrat'on,
<br /> United Sr ate:s DepaxtxrGient of Asricta. re, herein' called ene -Govc-rnment," as ividenorA )q one or morr., promissory note(s)
<br /> or aMrrrp't~arsra a. recxtrelar(s}. ter.-ein calwc.a "stoat," which has been exccutrd by Borrrswtr, is prayablAc to the order of the
<br /> G-c;^c:rnrrent, authorizes acceleration of the entire iedebtcrine:z Lt the option of the l', avecnmen.t upon arty default lay Ror-
<br /> rowtr, And is descriLacd ea cokws:
<br /> , n"U.4tlRate Due Date Of Firwl
<br /> Date of innrurnent 1Wtwim T.Amount crest InstaUrnent
<br /> AUG 5, 1981 $30,=;00.00 13.25% AUG 5, 2011
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<br /> Auc.- 5., 1982 $27,500.00 5t JXUG 5, 2001
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<br /> ' for farr:rr arvw ae:^ hip or op►tirzglaairi(s) sGe:tsre.d by this inst:ur»ent, then the
<br /> (if the interest rate is icss than
<br /> rate,nsay E+c charged rs provr3[► iat.the nott)
<br /> And &,e note ev.itknaxs a loan to,B a`irowff and the Ckwer,nment, at awl 06"e, rme,v ZA44n the note and it..atre the Fay`
<br /> meat th;:re of puxs'uant to the ConsoU&ted Faira and Rural Dirmlopment Act,, or`t"itk V of for Housing Act of 1949 or arty
<br /> other statute, art.r.Yinistrrtd by the.f armers Nome Atlrn.inistraiio,n;
<br /> And. it in the purpose and intent'of t1is ln. 3 'rnent'that, arnang other things, at all times When the note is held by t;ber
<br /> Goveria ne nt, or iri the event the Govir t'ent. shotd.d<uxign this inslvment witf Moult ins=Ance, of th't note, this instrument
<br /> shsil tscvre payment of tote note; but when the nat;e is held € y an ksured,huidcr,.this instrummat stuul not secure parmcnt
<br /> of the mote or attach to the debt evidenccd tbclvbry►„ but a: ter the note. and such, debt shad constitute an indemnity martgage
<br /> to'Ir-C ITC the Governhient agautst kiss undeir its nsartrce conaact by.reaison of any &&ult by Rorrrnver;
<br /> rt,nd this instruntznt also secuurer, the recapture, of any interrstti% itor subsidy which may be granted to the Dos rrower
<br /> by glee vave~r:~~sac~nt pxsr~ralat:to 4Z 1,~.."r.t::: ~i74'3`CFtie
<br /> NOW, TMMEFORE, in consideration of the Moan(s) and. (a) at :all times, nwhr.,n the note is held by the Gorrrrune:nt, or
<br /> in the .evrnt &e Goverrtnteat should sis ip `this, instritme►it, without itt:,ns`,2nm- of the payment of r1e note, to secure p.rornpt
<br /> µ,.yment of the mite and any renewals and extens6m 6 em-if and any' avreementa contained therein, including :Lny prr"ision
<br /> for the paymwrit of zn insurance or other charge, (b) at alt boors when the note isleld by, net insatred holder, to see:ure per..
<br /> RVnaance of BoTrowrer's agreement 'hcrtin to iwde~mnifp' and gave, hares len t1be' Goeerrsarrxot against toss under its iaisuratme
<br /> cuntr ct by ttasr.`u of, any, default SY Borrower, and (c) in any event and at all 't'unes to secure the prompt payment of &H
<br /> xt3vances .arid eatper:ds`tures ma Eryi zlt'e: G rt Anent, srritlt ii terest, as here £ttr'described, aria eke performaxtce of "err
<br /> Covenant a.nd, agoeaecnt of Bormi wer contained, here~a; of M any siappkriac~ntaiy agreement, Bar_ Dwyer does hereby grant,
<br /> LFgain, sell, convey and anip, with ;gener;el warranty, unto ithe: Gowrnrnent the fallowing pmpeny siruated in the state of
<br /> 14 btaska, CAunry(its;) of HALL
<br /> Seii3thea ;t Quarter -,f Section Twenty-Three (23) , Township Twelve (12)
<br /> 41'4o.rth, Range Twelve (12) Blest `cif the Sixth Principal Meridian.
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<br /> FrnHA 4274 N3 (Rev. 11.21-80)
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