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VOLUME 18

%,
REGISTER
934

AflTED

NUMBER 40

Washington, Saturday, February 28, 1953

tive of the Office of the Solicitor, the CONTENTS
State Director will execute and trans Chapter III Farmers Home Adminis mit to that representative the necessary Agriculture Department release or satisfaction of the mortgage See also Commodity Credit Corpo tration, Department of Agriculture which secures the indebtedness being ration; Farmers Home Admin refinanced. This document will be fo r istration; Production and M ar Subchapter B Farm Ownership Loans keting Administration.
warded to the County Supervisor when F H A In stru ctio n 443.3
instructions are sent by the representa Rules and regulations:
Determination of parity prices?
tive of the Office of the Solicitor to the P art 333 P r o c e s s i n g S u b s e q u e n t L o a n s County Supervisor concerning disburse wool__________________________
INTEREST RATES, SOURCES OF FUNDS, AND
ment of the proceeds of the loan. The Alien Property, Office of AMORTIZATION SCHEDULES
release or satisfaction will be filed for Notices:
Section 333.3, Title 6, Code of Federal record by the County Supervisor or the Vesting orders, etc.:
Regulations 17 F. R. 190, is revised to attorney who supervises the closing.
Bartels, J. H. L-----------------eliminate refinancing of outstanding Funds will be withdrawn from the bor H. Oyens & fconen, N. V_x., rowers supervised bank account to pay Farm Ownership indebtedness when sub Keppelman, Adolphus------
the indebtedness being refinanced.
sequent loans are made with respect to Saalfeldt, Margarete---------certain former Defense Relocation CorForm FHA-37, Receipt for Payment, Schreiber, K a rl______________
portion properties.
The section as will be used to acknowledge the with Civil Aeronautics Administra drawal of such funds. The appropriate amended reads as follows:
loan code number will be shown in the tion 333.3 Interest rates, sources of first column. The payment will be Rules and regulations:
funds, and amortization schedules. Va classified as an extra payment, and Alterations:
rious kinds of Farm Ownership financial the notation Payment-in-full by re Danger areas 2 documents.
assistance have been extended at differ financing will be printed prominently Minimum en route instru ent rates of interest and involving a on the face of the receipt. The receipt ment altitudes____________
number of sources of funds. Therefore, and the remittance will be scheduled Civil Aeronautics Board the following policy will govern the mak in the usual manner to the Area Finance Notices:
ing of a subsequent Farm Ownership Office.
Hearings, etc.:
loan so that future servicing will be sim ii Upon receipt of Form FHA-144, North American Airlines, plified: 1 The outstanding Farm Summary of Remittance, covering the In c________________________
Ownership indebtedness will be refi remittance which paid the outstanding Pan American World Airways, nanced if so provided in this section; indebtedness in full, the Area Finance Inc________________i_______
2 the benefit of the lowest practicable Office immediately will forward the orig South Pacific Air Lines______
rates of interest on outstanding Farm inal of Form FHA-597, Notice of Fully Ownership indebtedness will be retained Paid Notes, together with the notes Commerce Department for the borrower; and 3 unpaid bal stamped with a paid-in-full legend, to See Civil Aeronautics Administra ances on outstanding Farm Ownership the appropriate State Office. The tion; National Production Au debts will be reamortized.
thority.
stamped notes and the State Office a When making a subsequent loan copy of the mortgage which has been to a borrower whose outstanding Farm satisfied will be sent to the County Commodity Credit Corporation Ownership indebtedness represents: An Supervisor for delivery to the borrower. Rules and regulations:
Cotton, 1952 price support pro asset of a State Rural Rehabilitation 2 The interest rate will be 4 percent.
gram; schedule of base loan Corporation; or a credit sale of a farm 3 The subsequent loan will be amor and purchase rates for ware by a Defense Relocation Corporation the tized so as to mature within one year of, house stored cotton; Georgia.
accounts of which are not yet considered but not later than, the maturity date of Naval stores; 1953 gum price Government accounts; or a credit sale of the earliest outstanding Farm Ownership support loan program----------a farm by a land leasing or land pur note, unless the loan approval official chasing association or similar organ Economic Stabilization Agency determines that a longer payment period ization:
is necessary, but in no case will it be See Price Stabilization, Office of;
1 Sufficient funds will be included Rent Stabilization, Office of.
in the subsequent loan to refinance all amortized over a period longer than 40
years from the date of the subsequent Farmers Home Administration outstanding Farm Ownership indebted Rules and regulations:
ness. Interest on such indebtedness will loan note.
b When making a subsequent loan Processing subsequent loans;
be computed only through the date of to a borrower whose outstanding Farm interest rates, sources of the subsequent loan check.
funds, and amortization i In accordance with instructions Ownership indebtedness represents one schedules____________________
Continued on p. 1149
Previously approved by the representa 1147

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