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FEDERAL
VOLUME 16

ftEGISTER
NUMBER 241

Washington, Thursday, December 13, 19S1
from the cash proceeds of real property CONTENTS
insurance will be extra payments.
_ 3 Refunds. Payments derived from Agriculture Department Chapter III-Farmers Home AdminisSee Commodity Credit Corpora unexpended Farm Ownership or Farm tration, Department of Agriculture tion; Farmers Home Admin Housing balances in supervised bank acSubchapter S Account Servicing istration; Production and counts-will be refunds.
Marketing Administration.
b Installment on note and other P art 361R o u t in e charges 1 Direct Farm Ownership Alien Property, Office of MISCELLANEOUS AMENDMENTS
and Farm Housing loans. For a bor Notices:
1. The heading of Subpart B, Part rower with a direct Farm Ownership Vesting orders, etc.:
861, Title 6 of the Code of Federal Regu loan or a Farm Housing loan, the term Continentale Handlesbank, installment on note and other charges, lations is changed to read: Subpart B-
N. V ._______________
Servicing Farm Ownership and Farm as used in this subpart, will be the sum Ernest, Armand Raymond, of the following:
Rousing Loans.
and Andre Perreau______
1 The amount of the annual install 2. Subpart D, Part 361, Title 6 of the Feuchtwang, Wilhelm Gott Code of Federal Regulations 15 F. R. ment for the year as provided in his fried___________________
7973, 8621 is revoked except that promissory notes.
Philippi, Enrico____________
ii The amount of any recoverable 361.63 is transferred to Subpart B and Rindler, Maria Bieri________
cost charges paid by the Government redesignated as 361.31.
Roehl, Paul, et al__________
during the year.
These are payments 8.
Sections 361.21 to 361.24, Title 6, Unterweger, M aria ______
Code of Federal Regulations 13 F. R. for taxes, property insurance, special as Wolf, Friedhold____________
9437,15 F. R. 1969 are amended to make sessments, and other payments neces Army Department them applicable to Farm Housing loans sary for the protection of the security.
Rules and regulations:
2 Insured Farm Ownership loans.
as well as to Farm Ownership loans.
Claims against the United The sections as amended read as followsi For a borrower with an insured Farm States; mustering-out pay Ownership loan, the term installment 361.21 General. Sections 361.22 to on note and other charges, as used in ments___________________ _
361.24 define terms used in connection this subpart, will be the sum of the G vil Aeronautics Administra with servicing Farm Ownership and following:
tion Farm Housing accounts, provide proce i The amount of the annual install dures for the application of payments on ment for the year as provided in his Rules and regulations:
Standard instrument approach direct and insured Farm Ownership and promissory note.
procedures; alterations_____
Farm Housing accounts, and describe ii The amount of the annual mort Commerce Department Farm Ownership fixed and variable pay gage insurance charge.
also Civil Aeronautics Admin ment plans.
iii The amount of any recoverable See istration; Federal Maritime 361.22 Definitions-a Classifica cost charges paid for the borrower dur Board; National Production Au tion of payments. Payments on direct ing the year. These are limited to ad thority.
and insured Farm Ownership accounts vances incident to the loan for taxes, and on Farm Housing accounts will be special assessments, water rates, and Notices:
Advisory Committee on Priori payments of other amounts which may classified as follows:
ties Administration; estab 1 Regular payments. All payments become liens prior to the mortgage, and lishment and functions_____
other than extra payments and refunds for property insurance.
Commodity Credit Corporation will be regular payments. Usually, they iv The amount of any accrued in Notices:
will be derived from farm income, but terest on advances made out of the mort Sales of certain commodities they will include also payments from gage insurance fund.
and fixed prices; December off-farm income, inheritances, life insur c Schedule status1 Direct and domestic and export price ance, contributions made on section 503 insured Farm Ownership loans. A bor lists______________________
Farm Housing loans, and so forth.
rower with a direct or insured Farm 2
, Extra payments. Payments deOwnership loan will be on schedule when Defense Department rived from the sale of the farm, or from his cumulative regular payments See also Army Department; Navy refinancing of the real estate debt, or through the last preceding March 31, not Department.
from the sale of mortgaged property or Including the amount he has prepaid as Rules and regulations:
Defense contract financing pol from mineral royalties from leases which of that date, are equal to the accumuicy; advance payments -
Continued on p. 12539
depreciate the value of the security, or 12537

TITLE 6 AGRICULTURAL CREDIT

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12601
12602
12602
12602
12602
12600
12602
12601

12546

12561

12592

12591

12546