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REGISTER

FEDERAL
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VOLUME 7

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1934
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NUMBER 36

Washington, Friday, February 20, 1942
Rules, Regulations, Orders TITLE 6AGRICULTURAL CREDIT
CHAPTER IFARM CREDIT ADMIN
ISTRATION
P art 27 F ederal L and B ank of S aint P aul FEES FOR SUBORDINATION OF MORTGAGES AND
CONTRACTS, ETC.

Section 27.10 of Title 6, Code of Fed eral Regulations, is amended to read as follows:
27.10 Fees for subordination of mortgages and contracts, grants of and consents to easements, partial releases of mortgage security, partial convey ances of contract security, releases of condemnation award funds, substitution of security and division of loans, Federal Land Bank and/or Land Bank Commis sioner and/or Federal Farm Mortgage Corporation mortgages and land con tracts. The following fees and charges shall be paid to The Federal Land Bank of Saint Paul in connection with Federal Land Bank and/or Land Bank Commis sioner and/or Federal Farm Mortgage Corporation Mortgages and Land Con tracts:
a For subordination of mortgages and contracts, partial releases of mort gage security, partial conveyances of contract security and grants of and con sents to easements:
1 Where the consideration involved is $250, or less, no fee shall be charged;
2 Where the consideration is $251
to $500, the fee shall be $5.00; and 3 Where the consideration is over $500, the fee shall be $10.00.
b No fee shall be charged in any of the following cases:
1 Condemnation of security.
2 Release of acreage for highway purposes.
3 Subordination of mortgage to oil and/or gas lease, including any alloca tion of royalty income.

c Where sales of gravel, timber, or other material constituting security, are hereafter made, there shall be charged a fee, as set out in paragraph numbered 1, above, based upon the aggregate con-sideration paid during the 12 months period commencing with the date the first payment from such sales is re ceived by the Bank, or the date other disposition thereof is ordered by the Bank.
d Where sales of lots or other par cels of land, constituting security, are made hereafter, there shall be charged a fee, as set out in paragraph numbered 1, above, based upon the aggregate con sideration paid during the 12 months period commencing with the date the first payment from such sales is received by the Bank, or the date other disposi tion thereof is ordered by the Bank.
e Where substitution of security is involved, there shall be charged an ap praisal fee of $10.00 and a title determi nation fee of $10.00.
f Where new loans are made involv ing a part of the security underlying an existing loan, partial releases necessi tated thereby shall be made without fees.
g Where division of Federal Land Bank and/or Land Bank Commissioner loans is involved, there shall be charged an appraisal fee of $15.00 and a title de termination fee of $7.50 for each part into which the loan is divided.
h In any case arising hereunder, where no appraisal fee is specified, but the requested transaction is one which in the opinion of the Bank necessitates a new appraisal, an appraisal fee of $10.00
shall be charged in addition to the fee charges as stated above. Secs. 4, 13
Ninth, 39 Stat. 363, 372, Sec. 26, 48 Stat.
44, Sec. 32, 48 Stat. 48, as amended, Sec.
2, 48 Stat. 345; 12 U.S.C. 676 Seventh, 781 Ninth, 723 e, 1016 e and Sup., 1020a; 6 CFR 19.4019 Res. Bd. Dir., January 22, 1942
seal

T he F ederal L and B ank of S aint P aul, By: F. W. P eck , President.

F. R. Doc. 42-1475; Filed, February 19, 1942;
11:38 a. m.J

CONTENTS
RULES, REGULATIONS, ORDERS
T itle 6 A gricultural C redit :

Farm Credit Administration:
Federal Land Bank of Saint Paul, fees_____________

Page
1101

T itle 14 C ivil Aviation :

Civil Aeronautics Board:
Certification of Transport Category Airplanes, cor rection_______________

1102

T itle 16 C ommercial P ractices :

Federal Trade Commission:
Pink Ointment Co., cease and desist order----------------T itle 32N ational D efense :
Bureau of Mines:
Explosives, control in time of war or national emergency________________
Office of Price Administration:
Petroleum, etc., price sched ule amendment_______
Selective Service System:
Form prescribed__________
War Production Board:
Aluminum, supply and distri bution order__________
Copper, interpretation of preference order_______
Rubber, amendment of order restricting use------------S u g a r , direct-consumption, supply and distribution orders 2 documents----Track-laying t r a c t o r s and auxiliary equipment, lim itation order__________

1102

1103
1107
1104
1104
1105
1106
1106
1106

T itle 47T elecommunication :

Federal Communications Com mission:
Rules amended:
Aviation services 3 docu ments _____________
Coastal and marine relay services____________
Commercial r a d i o opera tors____________
Emergency radio services Experimental r a d i o serv ices_______
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