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REGISTE
VOLUME 17

í
NUMBER 25

/V /TE O
A

Washington, Tuesday, February 5, 7952

State Director. Section IV of the form CONTENTS
contains general provisions and condi Agriculture Department Pag Chapter III Farmers Home Adminis tions applicable to the loan.
c F o r m FHA-360, PromissorySee Commodity Credit Corpora tration, Department of Agriculture tion; Farmers Home AdminisNote Insured L o a n Form FHA-360
Subchapter B Farm Ownership Loans tration; Rural Electrification will be signed by the applicant and his Administration. .
wife at the time of loan closing to evi P art 332 P r o c e ssin g I n s u r e d L o a n s dence the loan debt and the manner of Alien Property, Office of MAKING INSURED LOANS FROM STATE RURAL
repayment. The amortization rate for Rules and regulations:
REHABILITATION CORPORATION FUNDS
regular installments payable on the note Vesting orders; time of effecis 4.326 percent. Form FHA-360 also Paragraphs b and c of 332.2, and __ tiveness, property or interest contains a form of Insurance Endorse paragraph h of 332.10 are amended, located in the Philippines____ 1082
ment for execution by the State Direc and 332.2 e and 332.23 are added, to Civil Aeronautics Board tor. The date on which the mortgage provide processing procedures for mak Notices:
insurance becomes effective will be in ing insured mortgage loans from State Accident occurring near Fair serted in the Insurance Endorsement Rural Rehabilitation Corporation funds banks, Alaska; hearing______ 1137
by the County Supervisor at the time of which have been transferred to the Ad Rules and regulations:
loan closing. When the loan is made ministrator of the Farmers Home Ad Airplane airworthiness, normal, from State Rural Rehabilitation Corpo ministration for administration under utility, and acrobatic cate ration funds under an agreement exe section 2 f of the Rural Rehabilitation gories; miscellaneous amend Corporation Trust Liquidation Act 64
cuted pursuant to section 2 f of the ments________ ______ :________ 1083
Rural Rehabilitation Corporation Trust Stat. 98, 40 U. S. C. 440.
Airplane airworthiness, trans 1.
In 332.2 13 F. R. 9413, para Liquidation Act, the name of the payee port categories; miscellane in the promissory note will be The graphs b and c are amended and ous amendments____________
1087
United States of America, Trustee of the paragraph e is added to read as fo l Aircraft engine airworthiness. 1101
lows:
Assets of the insert name of Corpora Aircraft equipment airworthi tion . In the States of Delaware, New 332.2 Additional forms.
ness_________ ________________
1107
Jersey, New York and Pennsylvania, b Form FHA-359, Borrower-In Aircraft propeller airworthi Form FHA-360A, Bond Insured Loan
surer-Lender Triple Agreement Sec ness _____________ ___________
1105
is used in place of Form FHA-360.
tion I o f Form FHA-359 contains certain Certification and operation

agreements of the applicant with respect rules for scheduled air carrier e Form FHA-5, Loan Voucher.
to the insured loan and will be signed by operations outside the con The applicant for a loan to be made the applicant and his wife when it is tinental limits of the U. S.;
from State Rural Rehabilitation Cor evident that the applicant will qualify operation rules_____________
1107
poration assets made available under an for the loan. Section I I of the form con Certification, identification, and agreement executed pursuant to sectiofi tains a commitment on the part of the marking of aircraft and re 2 f of the Rural Rehabilitation Corpo Farmers Home Administration to en lated products; certification ration Trust Liquidation Act, will sign dorse the original note or bond for in of aircraft and related prod Form FHA-5 as prescribed in 331.2 a surance at the time of loan closing; this ucts_________________________
1083
of this chapter.
commitment will be signed by the State Glider airworthiness__________
1100
Field Representative. Section I I I of the 2.
Paragraph h of 332.10 13 F. R. Irregular air carrier and offform contains a commitment on the part 9415, is amended to read as follows:
route rules; miscellaneous of the lender to advance the loan funds amendments_______________
1108

332.10
Closing of loan.

when the note or bond, endorsed for in Rotorcraft airworthiness; mis h
The due date of the first install surance, and security instrument are ex cellaneous amendments.____
1101
ment on the loan will be the first March ecuted and delivered by the applicant;
Scheduled air carrier rules;
31st following the date of the loan clos this commitment will be signed by the miscellaneous amendments__1108
ing. The amount of the first install lender after section I is signed by the ap Commerce Department ment, not to exceed 4.326 percent of the plicant and prior to acceptance of the See National Production Author loan, will be agreed upon mutually b., option. When an insured loan is made ity.
from State Rural Rehabilitation Corpo the County Supervisor and the borrower, ration funds under an agreement pur taking into consideration the borrowers Commodity Credit Corporation suant to section 2 f of the Rural financial circumstances, and the extent Rules and regulations:
Rehabilitation Corporation Trust Liqui to which he will receive income from Tobacco; 1951 loan program 1082
dation Act, the State Director will com the farm during the calendar year pre Defense Mobilization, Office of plete section I I I of the form, by desig ceding the date of the first installment.
Notices:
nating the Mortgagee as follows:
Whenever possible, the first installment Determination and certification United States of America, Trustee of the should be not less than the interest that of a critical defense housing Assets of the insert name of Corpora area; Trona, Calif., area----- 1139
Continued on p. 1081
tion, and will sigh in his capacity as
TITLE 6 AGRICULTURAL CREDIT

1079