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VOLUME 8

1934

eT

NUMBER 150

Washington, Friday, July 30, 1943
Regulations TITLE 6AGRICULTURAL CREDIT
Chapter IFarm Credit Administration P ast 10F ederal L and B anks INSURANCE REQUIREMENTS FOR BANK AND
COMMISSIONER LOANS

Sections 10.190 and 10.195 of Title 6, Code of Federal Regulations are hereby amended to read as follows:
10.190 Mortgagors option-to use loss proceeds for reconstruction. At the op tion of the mortgagor and subject to the provisions of these regulations any sum received in settlement of a loss covered by insurance required by these regula tions may be used to pay for the recon struction of the buildings involved.
Sec. 12 Ninth, 39 Stat. 370; 12 U.S.C.
771 Ninth 10.195 Application of loss proceeds to mortgage debt. If the mortgagor fails or refuses to exercise his option in ac cordance with these regulations, or to comply with all of the conditions of these regulations with respect thereto, or if the mortgage be in process of foreclosure, or if the mortgagor be in default in such manner that the mortgage is subject to foreclosure, the sum received may be retained for application upon the indebt edness secured by such mortgage or as collateral security therefor. Any portion of the sum received which is not used for reconstruction may also be retained for application upon the indebtedness or as collateral security therefor.
Sec. 12 Ninth, 39 Stat. 370; 12 U.S.C.
771 Ninth These regulations shall become effec tive August 2, 1943.
seal
W. E. R hea, Land Bank Commissioner.

6,. Code of Federal Regulations are hereby amended and 19.328, 19.334, 19.339 and 19.340 are hereby added as follows:
Sec.
19.320
19.322
19.326
19.328
19.330
19.331
19.332
19.333
19.334
19.335
19.339
19.340

Association application fees.
Bank application fees.
Bank closed loan fees.
Association fees on Commissioner loans; New Money defined.
Additional loans; bank fees.
Divisions of loans; bank fees.
Loans on specialized farms; bank fees.
Nonresident investigations; bank fees.
AppUcability of bank fees.
Appraisal fees.
Partial releases; bank fees.
Release of personal liability; bank fees.

19.320 Association application fees.
Associations may collect an association application fee of not more than $5.00 in connection with each application for $5,000.00 or less, and an association ap plication fee of not more than $10.00 in connection with each application for over $5,000.00; Provided, however, That the amount of any such fee shall not ex ceed 1 percent of the amount of the loan applied for. This fee may be collected at the time the application is filed. It may be retained by the association re gardless of whether the loan is rejected or closed as a bank loan, a Commissioner loan, or a joint bank and Commissioner loan; Provided, however, That if no as sociation appraisal is made after a fee provided for in this paragraph has been collected, the amount of such fee shall be refunded.
Secs. 11 Third, 17 d, 39 Stat. 369, 375, as amended; 12 U.S.C. 761 Third, 831 d 19.322 Bank application fees. The banks may collect an application fee of not to exceed $10.00 on each application.
Secs. 12 Ninth, 17 d, 39 Stat. 372, 375, secs. 26, 32, 48 Stat. 44, 48, as P. R. Doc. 43-12269; Piled, July 29, 1943;
amended; 12 U.S.C., 781 Ninth, 831 d, 9:41 a. m.
723 e, 1016 e Sections 19.323 and 19.325 are revoked.
P art 19 F ees and C harges on B ank and C ommissioner L oans 19.326 Bank closed loan fees. When REVISION OF REGULATIONS
a loan is closed, the bank may deduct Sections 19.320, 19.322, 19.326, 19.330, from the proceeds an amount not exceedContinued on next page 19.331, 19.332, 19.333 and 19.335 of Title
CONTENTS
REGULATIONS AND NOTICES
Agriculture D epartment .see also
component agencies:
Page Farm Security Administration;
authorization to make flood relief loans_____________ 10599
A lien P roperty Custodian:

Vesting orders:
Abe, Kentaro______________ 10633
Anaka, Peter---------------10633
Anker-Werke A G_________ 10629
Bausch and Lomb Optical Co.
and Ernst Leitz Firm____ 10625
Berdele, Emilie____________ 10634
Bischof, Fred___ __________ 10634
Blanc, Gian Alberto, and Felix Jourdan______________ 10631
Brebrda, Alex------------------ 10634
Centrale des Matieres Colorantes, et al___________ 10632
Colussi, Pacifico___________ 10636
Daly, Margaret P., and Corn Exchange Bank Trust Co.
4 documents________ 10635, 10637,10641
DiGiovanni, Enrico________ 10636
Eicher, Philip____ _________ 10636
Hirsch, Isaac E_______
10637
Horter, Charles__ ________ 10637
Horwitz, Orville_________ 10638
Humpfner, Adolph________ 10638
I. G. Farbenindustrie A. G. i2
documents______ 10625,10628
Integrity Trust Co_________ 10638
Jager, Harry C____________ 10639
Jahre, Richard____________ 10630
Keller, Wm_______________ 10639
Keppler, Frederick L_______ 10640
Krebs, Edouard___________ 10632
Kunze, Alfred_____________ 10640
Kupka, Emma Louise_______ 10640
.Lorenz, C., A. G____________ 10630
Luhn, Oskar, and Bruno Lange_______________ 10627
Lurgi Gesellschaft______ ,__ 10627
N. V. Internationale Alfol Maatschappij, et al_____ 10628
Nationals of enemy countries, abandoned patent appli cations_______
10631
Seailles, Jean Charles, et al 10630
Siemens-Schuckert Werke A.
G___________________ 10626
Strack, Otto, and Pfaelzischen Chamotte und Thonwerke__________ - 10626
Continued on next page
10595