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B0 7 PAGE590
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<br />norm I'H,1 11,^.--07 !KITED STATES DEVARTMENT OF AGRICULTURE
<br />rR":. ?-li' t) FAN~T1HRS nOnIL'' ADMWS1'RATION
<br />1.0nN Acf(t:r:an•;:ti r
<br />(Association)
<br />lHI Ire Unitei itSila s11_ IAmennered akc this
<br />throtugh1Me Forners VGA Ad:nuinl :loaf United Stated Dope~rac nt „I
<br />~.c
<br />reinnfler efor. cd to as the
<br />"Government"
<br />,,ad tii<'.._.....
<br />....._1'_?r..
<br />.Cnu _
<br />m'
<br />r,•:.^.::a o: n•fcrr, vi to as
<br />WITNESSETH:
<br />IiHEREAS, the Association intend:, to acquire, construct, enlarge, improve, and/or extend its
<br />_ r. tr, area iau4urly a^f!tin iL: jurisdiction to serve;
<br />WHiCR A. A necessary for the A:rncintinn to raise a portion of the east of such
<br />o, iw ru:ant to the revisions of r'.:, ..;solo, ri - , r r r; 1; ,
<br />4~IIh:wF,:. S. Pun" to the paovisinns of the Cetfsolidatcd Farman: We Ai!miuislr:IIroa Act 1'or!
<br />C. r c :niq we GiWonmi m Intends o want the Association in thr• planniul I'in u.,.tnr , .
<br />to 9 „ 'o n..rchwar the bond., lamfully Issued by Me A•.sociati,m in the cy, nt no other
<br />s~lh 'oo_ds it; found by the Association;
<br />HER FORE, in considcrtion of the premices and of the r.,utua: cowmants and under hugs ba,
<br />..cm...t ag:ecS to ;,:rcl:asc from the Association, by p!acint; a bid at the adecrt:sed sale .
<br />'nanne: as the Government determines, amnstwo with the Star(, laN.
<br />;
<br />n ::.°Lant ❑6I e:(CCCd:❑j; the amount of 5
<br />..I4 5!v V'1(.e,l Iq (h,' ,
<br />Csc"Aws from the Go•:c:nsent to the A.ssochdion dated ..August, b.... 14 /j. ,
<br />• . n..,. u.,i,
<br />non ¢...r .lan:: Of this A('feeme'n 1. .
<br />li. Th, A:; ;or i;dion aga
<br />, . ,.p:: r,.d on behalf and to adopt an ordinance. or romdut:nn p:ov:d:nl', for Oo :.-,urn,.
<br />. .
<br />, 't _.s Ira! in such form .
<br />• as are n:quned 6}' Sfal,: shim n and .,o ai',;. I,! _
<br />2. 'To prrvide for a public sdo after due advertisement of such bonds in a manner consistent with app]:( ;,fdo ti:.,t
<br />statute:; and acccptablc to file Government.
<br />3. To rrfin:mcr. the unpaid balance, in whole or in part, of its bonds upon the request of thin 6,,rn:um at „m
<br />limo :I ofin!1 appear to the Govvtnmont that the At:n..ri:dion is aklo to so refinimrr t:: bonds by ,.Lie nunr
<br />for :;,o )I purposes from n:oymmblc coopcr,tivc or pnv:tc snort:,:: at n-asnnahlu r,to:: and 1,:n L.;
<br />enmd a; purposas and periods of time as required by soaion 3a3 (r), of and Consolidat'd F;n:n r
<br />IraLon Art (7 U.S.C. 1933 (c)). . Ac
<br />
<br />4. 1o provide for, execute, and comply with Form FIIA 100-1, „Nondiscrimination Aj;rx•,ml,:r and i I j!A ;of: i,
<br />Equal Opportunity Agreement", including, an „Equal Opportunity Clause" wliich clause Is to Lc in, orpor:t,
<br />ie„ or rdtachca as a rider fr, each construction ccntn,ct and subcontract involving in evcoso of SIO,hnr
<br />5. To indemmfy the Government for any payments made or losses sufferer) by the Gm',•rnrncrri ,if hrhalf of wo :1
<br />ton.
<br />(o Thad upon celault in the payments of any principal and accrued interest on the hands or in the pvcfotmuo), c of r,';
<br />revenant or agreement contained herein ar in the instruments incident to making or insuring the loan, tilt Gocsa-
<br />m.,eot at its option may (a) declare the entire principal amount then outstanding and accrucri interest immet'i.:tcic
<br />due aad payable, (bi for the account of the Assommica incur and par rcasonubl:: expose:, for o,p.or, .tnac!;,
<br />r
<br />:l- e:.. ...,d Suer aloe.
<br />rod n t, ,r,pr - _
<br />t awn rl the }'^tcn, rr;pnlr, :m:aau:, and oprra!r or tool it I:,Ianl: n°:!,
<br />In;c Ai. rrassent or any instrument incident to the making or in::urin; of the loan may he conelrur.d by tilt Gm amm, nt
<br />to constitute default under any other instrument held by the Government and executed or assumed by the Asnw aoue,
<br />and defaull under any such instrument may he constron by the Government In constitute duf:mh humunder.
<br />v, .
<br />FHA 442-47 Rrv, 17 -1,
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