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REGSTER
VOLUME 6

1934

W ash ington, F r id a y ,
Rules, Regulations, Orders T ITLE 6A G R IC U LTU R AL CREDIT
CH APTE R I F A R M C R E D IT
A D M IN IS T R A T IO N
P art 25 F ederal L and B ank O rleans
of
N ew
DIVISION OF LOAN FEES

Part 25 of Title 6, Code of Federal R eg ulations, is amended by adding the fo l lowing section:
25.6 Division of loan fees. In each case in which a Federal land bank or a Land Bank Commissioner loan is divided among separate owners o f the mortgaged property, there shall be charged a regular appraisal fee computed in accordance with the schedule appearing in 25.1, as amended 5 F.R. 2193, based upon the amount of loan outstanding, plus an ad ditional sum of $5 for each loan resulting from the division. The total amount of such charges shall accompany the appli cations for division. Sec. 13 Ninth , 39
Stat. 372, Sec. 26, 48 Stat. 44, Sec. 32, 48
Stat. 48, as amended; 12 U.S.C. 781
Ninth , 723 e , 1016 e , and Sup.; 6
CFR 19.4019 Res. Ex. Com., March 18, 1941
seal T he F ederal L and B ank of N ew O rleans , By R. L. T hompson , President.
Confirmed:
J no . S. R y an , Vice President.
F. R. Doc. 41-4403; Filed, June 19, 1941;
11:38 a. m.

P art 27 F ederal L and B a nk P aul
of
S a in t
FEES FOR SUBORDINATION OF MORTGAGES, PARTIAL RELEASE OF MORTGAGE SECURITY, PARTIAL CONVEYANCE OF CONTRACT SECUR
IT Y , RELEASE OF CONDEMNATION AWARD
FUNDS, SUBSTITUTION OF SECURITY AND
DIVISION OF LOANS, FEDERAL LAND BANK
AND/OR LAND BANK COMMISSIONER MORT
GAGES

Section 27.10 of Title 6, Code of Fed eral Regulations, is amended to read as follows:

NUMBER 120

M IT E O %

/w/ie 20, 1941

27.10 Fees fo r subordination of mortgages, partial release o f mortgage security, partial conveyance of contract security, release of condemnation award funds, substitution of security and divi sion of loans, Federal Land Bank and/or Land Bank Commissioner mortgages.
The following fees and charges shall be paid to The Federal Land Bank of Saint Paul for subordinations of mortgages, partial releases of mortgage security, par tial conveyances of contract security or for releases of the gross, net or any part of the net amount of condemnation award funds, substitution of security and division of loans:
a 1 Where a single mortgage to the Federal Land Bank or a single mortgage to the Land Bank Com missioner is involved________________$10.00
2 Where a contract for deed from either the Federal Land Bank or Federal Farm Mortgage Corporation is involved_________________________ 10.00
3 Where mortgages to both the Fed eral Land Bank and Land Bank Commissioner are involved________ 12.50
4 Where mortgages to both the Federal Land Bank and Land Bank Commissioner are involved and one loan is paid in full as the result of such partial release_________ -,------ 10. 00
5 Where a contract for deed from the Federal Farm Mortgage Corpo ration and a mortgage to the Fed eral Land Bank is involved---------- 12. 50

CONTENTS
RULES, REGULATIONS, ORDERS
T itle 6 A griculture C redit :
Farm Credit Administration:
Federal Land Bank of New Orleans, division of loan fees_______
Federal Land Bank of St. Paul, fees for subordination of mortgages, etc___________
T itle 10 A r m y : W ar D epartment :
Organized Reserves:
Officers Reserve Corps, ap pointment and promo tion_____ ________ i________
T itle 29 L abor:
W age and Hour Division:
Drug, medicine, and toilet preparations i n d u stry, minimum wage rate_____
T itle 32 N ational D efense :
Office o f Price Administration and Civilian Supply:
Combed cotton yarns, Price Schedule No. 7, amend ment_____________________
Office of Production Manage ment:
Freight car construction, ma terial and equipment en tering into; general pref erence order_____________
Nickel bearing steel, supple mentary order___________

b 1 No partial release or partial release conveyance fee shall be charged if the consideration for the acreage to be released or conveyed is $100.00 or less.
2 No fee shall be charged for the re T itle 38 P ensions , B onuses, and V eterans R e lie f :
lease, conveyance or transfer of gravel, Veterans Administration:
timber, buildings, or other material, Soldiers and Sailors Civil R e where the. consideration or evident value lief Act o f 1940, form of thereof is $250.00 or less.
report by insurer________
c Where reappraisal of the security is deemed necessary by the Federal Land T itle 46 Sh ip p in g :
Bank, a reappraisal fee of $10.00 shall be Bureau of Marine Inspection charged, irrespective of whether any par and Navigation:
tial release or partial release conveyance Schenectady, N. Y., and M ilfee is or is not charged.
linocket, Maine, clear ance of aircraft__________
d No fee shall be charged for subor dination of mortgage s in connection NOTICES
with any oil and/or gas lease where the rents and royalties are assigned to the Department of Agriculture:
Farm Security Administration:
m ortgagees and the annual rental, un Florida, designation of locali der said lease, is not more than $250.00.
ties for loan purposes----e In cases of condemnation or cases subject to condemnation, the net amount
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