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DERAL
VOLUME 20

REGSTE
1934

V>

-5 O//i t 0

NUMBER 103

Washington, Thursday, M ay 26, 1955

TITLE 6 AGRICULTURAL CREDIT consisting of 331.1 to 331.13 13 F. R.
Chapter III Farmers Home Adminis tration, Department of Agriculture
9410, 16 F. R. 10920, 17 F. R. 1409, 332.1 to 332.10 13 F. R. 9413, 17 F. R.
1079, 8375, and 332.21 to 332.23 14
F. R. 2161, 17 F. R. 1081, and to add a new Part 332, Processing Initial Loans, as follows:

CONTENTS

Agricultural Marketing Service p&
Proposed rule making:
Milk in Central Mississippi mar Subchapter B Farm Ownership Loans keting area________________ 3686
FHA Instruction 401.2
Pears, fresh Bartlett, plums, and Elberta peaches grown in Sec.
P art 311B asic R egulations 332.1 General.
California; expenses and fix FHA Instruction 411.3
332.2 Loan approval authority.
ing rates of assessment for 332.3
County committee certification.
P art 316A pplicants 1955-56 season_____________ 3686
332.4 Deferred payments.
Rules and regulations:
FHA Instructions 421.2, 421.3, 421.4
332.5 Second mortgage direct loans.
Pears, fresh Bartlett, plums, 332.6 Preparation of loan dockets.
P art 321 S election op F arms and Elberta peaches grown in
332.7 Action by loan approval official.
California; regulation by 332.8 Accepting option and requesting FHA Instruction 443.1
title service.
grades and sizes 4 docu P art 331P rocessing D irect L oans 332.9 Cancellation of loans.
m ents________________ 3673-3675
FHA Instruction 443.2; Administration 332.10 Increase or decrease in amount of Agriculture Department loan.
Letter 383 440
332.11 Occupancy of farms by Tenant Pur See also Agricultural Marketing P art 332P rocessing I nitial L oans chase and Farm Enlargement bor Service; Commodity Stabiliza rowers.
tion Service; Fanners Home FHA Instruction 443.3
332.12 Action by State Office after approval Administration.
of loan.
P art 333P rocessing S ubsequent 332.13 Action by County Supervisor fol Notices:
L oans Louisiana; designation of areas lowing receipt of closing instruc for production emergency Subchapter F Security Servicing and Liquidations tions.
loans______________________ 3692
332.14 Loans to homestead entrymen.
FHA Instruction 462.T
Au th ority : 332.1 to 332.14 issued under Air Force Department P art 371 O perating L oans sec. 41 i, 60 Stat. 1066, sec. 4 c, 64 Stat. Redelegation of authority to Sec 100; 7 U. S. C. 1015 i, 40 IT. S. C. 442 c MISCELLANEOUS AMENDMENTS
retary with respect to providing 332.14 also issued under R. S. 161, 5 U. S. C.
for temporary use by civilians of 1. In 311.23 of this chapter 19 F. R. 22. Interpret or apply sec. 44. b, 62 Stat.
certain Reserve Component fa 1363 reference to 321.41 to 321.44 of 1069, 7 U. S. C. 1018 b . Other statutory cilities and to establish a uni this chapter is changed to 332.3 of this provisions interpreted or applied are cited form procedure for manage to text in parentheses.
chapter.
ment and control thereof .see 2. Subpart C of Part 316 of this chap 332.1 General, a This part pre Defense Department.
ter, consisting of 316.41 and 316.42 scribes the authorities, policies, and pro 13 F. R. 9395, is revoked.
cedures for processing initial insured and Alien Property Office Notices:
3. Section 321.22 a 3 of this chap direct Farm Ownership loans.
ter 15 F. R. 4885 is revised to read as b As used in this part, preliminary Herschmann, Karl; intention to return vested property______ 3689
follows:
title evidence includes preliminary 321.22 Preparation of option a title insurance binder or other prelim Army Department inary report of title from the title in See also Engineers Corps.
Use of option.
3 When the option has been signedsurance company, or in appropriate Redelegation of authority to Sec retary with respect to providing by the seller and the buyer, the County cases, th e . abstract of title, attorneys for temporary use by civilians of Supervisor will determine whether it is preliminary opinion of title, or certifi certain Reserve Component fa satisfactory and unless corrections are cate of title. Final evidence of title cilities and to establish a uni required it will be held in the applicants means a mortgagees policy of title in form procedure for manage file pending action upon the loan surance, the attorneys final opinion or ment and control thereof see certificate of title after loan closing, or application.
Defense Department.
the abstract of title extended to the date 4. Subpart C of Part 321 of this chap of loan closing. Local representative Civil Aeronautics Administra ter, consisting of 321.41 to 321.44 14 furnishing title evidence means the tion F. R. 3913, is revoked.
local representative of the title com Rules and regulations:
5. In 321.65 of this chapter 13 F. R. pany, the abstracter, or the closing at Certification and operation rules 9400 reference to 331.1 to 331.11 and torney as the case may be.
for scheduled air carrier oper 332.1 to 332.10 of this chapter are ations outside the continental
332.2
Loan approval authority.
changed to Part 332 of this chapter.
limit of the United States;
The State Field Representative is au6. Subchapter B of this chapter Is average adult p a s s e n g e r Continued on p. 3669
weight; correction_________ 3675
amended to revoke Parts 331 and 332, 3667