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" No loan may be made except upon the security of first mortgages. 2. The amount of the mortgage can not exceed one-half the appraised value of the land and 20 per cent of the permanent Improvements thereon, which must be Insured. "
State Socialism, Pro and Con: Official Documents and Other Authoritative ... - Halaman 58
diedit oleh - 1917 - 649 halaman
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Farmers' Bulletin, Masalah 1376-1400

United States. Department of Agriculture - 1918 - 1680 halaman
...lie in the regulations that land bank loans are granted only on first mortgages and only up to half the appraised value of the land and 20 per cent of the value of insured permanent 11 Cray, LC,and Turner, Howard A.: Buying Farms with Land Bank Loans. Agriculture,...
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The New International Year Book

1919 - 904 halaman
...pay one-half the purchase price, he shall apply to the farm loan bank for a loan of 50 per cent of the appraised value of the land and 20 per cent of the value of improvements and turn this over to the board, the balance to be paid in amortized payments...
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A Compilation of the Messages and Papers of the Presidents, Volume 19

United States. President - 1916 - 594 halaman
...Federal land bank, no matter how large Its holdings of stock may become by the growth of the association. 1. No loan may be made except upon the security of...live stock, fertilizers, equipment and Improvements. 4. Every mortgage must contain an agreement to pay off the debt (principal and Interest) In fixed annual...
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A Compilation of the Messages and Papers of the Presidents, 1789-1922, Volume 19

United States. President - 1917 - 662 halaman
...Federal land bank, no matter how large its holdings of stock may become by the growth of the association. 1. No loan may be made except upon the security of...must be insured. 3. The proceeds of the loan must he used for the extinguishment of pre-existing indebtedness or for productive purposes, which Includes...
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Paine's Analysis of the Federal Reserve Act and Cognate Statutes: Including ...

Willis Seaver Paine - 1917 - 452 halaman
...management, powers and limitations of National farm loan associations. Said limitations are as follows: 1. No loan may be made except upon the security of...exceed onehalf the appraised value of the land and twenty per cent. of the permanent improvements thereon, which must be insured. 8. The proceeds of the...
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Annual Report of the Commissioner and the Board of Agriculture and Immigration

Virginia. Department of Agriculture and Immigration - 1917 - 164 halaman
...his stock to the amount of his loan, providing this does not increase his loan above 50 per cent of the appraised value of the land and 20 per cent of the permanent improvements thereon. But the owner must keep the buildings insured. This plan of buying stock makes the national farm loan...
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Money and Investments: A Reference Book for the Use of Those Desiring ...

Montgomery Rollins - 1917 - 528 halaman
...appraised value of the land and 20 per cent of the permanent improvements thereon, which must be insured. "1. No loan may be made except upon the security of first mortgages. "3. The proceeds of the loan must be used for the extinguishment of preexisting indebtedness or for...
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Transactions of the Commonwealth Club of California, Volume 12

Commonwealth Club of California - 1917 - 730 halaman
...Federal Farm Loan Bank at Berkeley, under the provisions of the Federal Farm Loan Act, for 50 per cent of the appraised value of the land and 20 per cent of the value of the improvements. The balance on the land shall be paid in amortizing payments extending over...
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The Place of Agriculture in Reconstruction: A Study of National Programs of ...

James Bale Morman - 1919 - 392 halaman
...classes of land banks can make loans only on first mortgage on farms or farm lands up to 50 per cent of the appraised value of the land and 20 per cent of the appraised value of the permanent insurable improvements. They may charge interest as high as 6 per...
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The New International Year Book

1919 - 896 halaman
...pay one-half the purchase price, he shall apply to the farm loan bank for a loan of 50 per cent of the appraised value of the land and 20 per cent of the value of improvements and turn this over to the board, the balance to be paid in amortized payments...
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