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L I Position S ' Ii F tnHA Form nu Fm HA 427.1 Na �� (Rev. 3.86) ••e 103001 REAL. ESTATE MORTGAGE FOR NEBRASKA THIS MORTGAGE is made and entered into by Laverne L. Moss and Patricia A. Moss Husband and Wife residing in Hall County, Nebraska, whose post office address is Route 3,, Box 49, Wood River , Nebraska 688„3 herein called "Burrower," and the United States of America, acting chrvugh the Farmers Home Administration,. United States Department of A<e*iculture, herein called the "Government ": �g WHEREA_-S Borrower is indebted to the Government, as evidenced by 9i Eil�(r>i' A7BFftr>1lMIeIRd9�t� jW jp), hertia called "note," which has been executed by Borrower, is payable to the order q f the Government, amikomx WX otters m and is described as follows: Annual Rate Due Date of Final Date of Instrument Principal Amount —of lnteiest Installment Juste 5, 1989• $35,751.02 NA June 5, 1.999 4The interest rate for limited resource farm ownership or limited resource operating loan(s) secured by this instrument may be increased as provided in the Farmers Home Administration regulations and the note.) And the note evidences a loan to Borrower, and the Gavemmeht_ at Any time, may assign the note and i noun the pay- ment thereof pursuant to the Consolidated Farm and Dural $eWlbjt nt Act, or Title V of 9c Housing Act of 1949 or any other statute administered by the Fanners Home Administration: And it is the purpose and intent of this instrument that, among other things, at all times when the note is held by. the Government, or in the event the GocernMant should assign this instrument without insurance of the note, this instrument shall secure payment of the note. but when the note is held by an insured holder, this instrument shall not secure payment of the note or attach to the debt evidenced thereby, but as to the note and such debt shall constitute an indemnity mortgage to, q-cure the Government, against loss under its insurance contract by reason of any default by Borrower: And this instrument• also secures the recapture of any interest credit or subsidy which may be granted to the Borrower by tree Government pursuant to 42 U.S.C. § 1490a. NOW. THEREFORE, in consideration of the loan(s) and (a) at all times when the note•i:0idd by the Government, or in the event the. Government should assign this instrument without insurance of the payment of the note, to secure prompt payment of the note and any renewals and extensions thereof and any a&reements contained therein, including any provision for r6e gaymoht of an insurance or other charge, (b) at all times when the note is held by an insured holder, to secure per- form-try", of Borrower's agreement herein to indemnify and save harmless the Government against loss under its insurance contract by reason of any default by Borrower, and .c3 in any event and at all times to secure the prompt payment of all advances and expenditures made by the Government. with interest, as hereinafter described, and the performance of every covenant and agreement of Borrower containeu' herein- or in any supplementary agreement. Borrower does hereby grant, bargain. sell, convey and assign, with general warranty.. unto the Government the following property situated in the State of Neb'ra.ska. County ics) of Hall See.Attachment FmHA 427 -1 NB (Rev. 3-88) 7 ta•�- s =r -i i r»