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Land titles

U. S. C.
Determination

Sec. No.
applicants for loans charged for expenses.

781
charges regulated by Farm Credit Administration.-- 831 (d)
Laws of States examined and report made.-

971-973
Liabilities
Federal intermediate credit banks, for debentures

1081
Federal land banks
agents of, liable for loans negotiated.---

807
consolidated farm loan bonds

action of board of directors with respect to... 879
on bonds issued individually..

872-874
Joint stock land banks
shareholder's liability--

812
National farm loan associations
endorsement liability

on loans through impaired association -- 724 (a), 724 (b)
on mortgages taken from shareholders by Federal
land banks.

761
upon organization by direct borrowers.

723 (d)
insolvent

capital stock in Federal land bank, cancelation
without impairment.--

964
contingent liabilities, determination of.

964
shareholder's individual liability.

744, 744a
in impaired association ----

724 (b)
Liens
On mortgaged land, covenant to pay-.

771, 781
paid

by mortgagee shall become part of mortgage debt 771, 781
Liquidation, see under appropriate main headings such as Federal

land banks, joint stock land banks, etc.
Litigation, see Suits under appropriate main headings such as

Federal land banks, Federal intermediate credit banks, etc.
Livestock loan companies

Discount and purchase of paper by Federal intermediate
credit banks, restrictions and limitations.

1031
limitation on amount..

1032
Loans by Governor for capitalization of..

1401
Loans to, by Federal intermediate credit banks..

1031
Loan committee, see main headings National farm loan associa-

tions, Production credit associations, etc.
Loans
Banks for cooperatives
fees and charges, power to prescribe----

1138
in drainage, irrigation or conservancy districts..

773a
loans to:
from Central Bank for Cooperatives..

1134j
from Federal intermediate credit banks..

1031
power to make...

1134c
stock ownership or subscription to guaranty fund by
borrowing associations.-

1134d
terms and conditions.---

1134c
to other banks for cooperatives..

11340
By Governor

for capitalization of agricultural-credit corporations,
livestock-loan companies, etc.--

1401
to farmers for crop production and harvesting purposes 1020i

see also main heading Crop and feed loans
Central Bank for Cooperatives
authority to make.-

1134j
fees and charges, power to prescribe..

1138
on security of commodities...

1134k
stock ownership requirements.

1134k
terms and conditions.--

1134j
to banks for cooperatives..

1134j

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power to make..

178
178
175
175
178
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175

power to make..

110
110

51
110
110

U.S. C.
Loans-Continued.

Sec. No.
Crop production and harvesting -

1020i
see also Production credit associations, infra, and main

heading Crop and feed loans
Federal credit unions
applications for

1761 (d)
approval of applications by credit committee..

1761 (d)
endorsement by officer, director or committee member
prohibited.

1757
interest rates on loans
determination of, by directors..

1761 (c)
maximum limita

1757
loans to, by Federal intermediate credit banks

1031
maturities, limitations on..

1757
maximum amount loanable
determination of, by directors.

1761 (c)
limitation on.-

1761 (d)

1757
repayment prior to maturity.

1757
security for..

1761 (d)
to directors, officers or committee members, limitation. 1757
to other credit unions, limitations.---

1757
Federal Farm Mortgage Corporation
extension of unpaid obligations
interest rate on---

1020d

1020d
in drainage, irrigation or conservancy districts.

773a
to Federal land banks, security for..

1020d
to joint stock land banks, limitation on..

1020d
Federal intermediate credit banks
in drainage, irrigation or conservancy districts..

773a
interbank.

1031
maturity, limitation on..

1033
of other banks, acquisition of, by any bank when re-
quired by Governor.

1051
organizations eligible for.

1031
sale of, endorsement...

1033
to banks for cooperatives.--

1134c
to Central Bank for Cooperatives..

1134j
to cooperative associations ..

1031
to production credit associations
direct loans.--

1131h
secured by oyster paper.

1131j
to regional agricultural credit corporations.

1148b
Federal land banks
acceleration.-

771
additional loan, how obtained.

771
reappraisal required..

771
additional security for, restrictions.

791
advance payments on principal.---

771
agents, lending through--

801 et seq.
agreement by borrowers as to use of.

771
agricultural value of lands mortgaged, basis for amount. 771
amortization payments may be used to make loans on
first mortgages.

897
amortization plan, agreement as to repayment.

771
amount loanable, limitation on.-

771
through branch banks.-

672
applicants

charged for expenses of appraisal and title determi.
nation.-

781
eligibility of..

771
must state on prescribed forms purposes for which
loan is to be used...

771

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110

Loans-Continued.

U.S.C.
Federal land banks-Continued.

Sec. No.
applications for

application and report of loan committee referred by

Federal land bank to land bank appraisers.-- 753
approval of, by loan committee where associations
have common board of directors.

747
false statement in application, penalty

981
filed with secretary-treasurers of national farm loan
associations.

745
form prescribed by Farm Credit Administration.. 771
referred to land bank appraisers for investigation. 753
referred to national farm loan association loan com-
mittee

751
report of association loan committee submitted with. 752
appraisals, see main heading Appraisals
borrowers
corporations, eligibility as----

771
deceased, assumption of mortgage and stock interest
of -

771
disclosing names of, penalty-

983
eligibility, restrictions on.

771
may elect to receive proceeds in farm loan bonds. 772
branch banks, loans through
interest rate.

672
maximum amount loanable.

672
term of loans.

672
by Federal Farm Mortgage Corporation to--

1020d
charges to applicants and borrowers, see main heading

Fees and charges
circulars to be issued by Farm Credit Administration
stating advantages of amortized loans..

664
conditional payments from borrowers, acceptance of.. 781
corporations, eligibility for loans.--

771
deceased borrowers, assumption of mortgage and stock
interests of

771
defaults

amount of default before national farm loan associa-
tion declared insolvent..

961
amount of default debited to reserve account atend
of two years.-

901 (c)
interest rate on defaulted payments.

771
notice to endorsing association..

921
making good defaults.

921
deferment of principal on..

771
definitions, see main heading Definitions
direct loans..

723
authority of Land Bank Commissioner necessary. 723 (a)
borrowers required to subscribe to stock in... 723 (c)
charges to applicants and borrowers_

723 (e)
conversion of, into loan through national farm loan
association, interest rate.

723 (d)
disbursement of proceeds in Federal Farm Mortgage
Corporation bonds at option of bank.

723 (f)
interest rate on.

723 (b)
mortgagors covenant to form national farm loan
association.

723 (d)
payment in full, retirement of stock in Federal land
bank.

723 (c)
provisions relative to loans through associations
applicable to----

723 (a)
rules and regulations prescribed by Land Bank Com-
missioner

723 (a)
security for
first mortgages on farm land as-

723 (a)

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Loans-Continued.
Federal land banks—Continued.

U.S. C.
direct loans-Continued.

Sec. No.
subscriptions to stock in Federal land bank..--- 723 (c)
transfer or hypothecation of stock held by borrowers

to Federal Farm Mortgage Corporation -- 723 (c)
directors of Federal land banks to pass on applications. 752
not bound by report of loan committee...

752
eligible purposes for -

771
eligibility of applicants.

771
exercise of unauthorized power by Federal land bank or
farm loan association does not impair.--

771
expended otherwise than agreed, whole may become pay-
able...

771
extension of unpaid obligations.-

781
false statements in application..

981
fees, see main heading Fees and charges
in drainage, irrigation or conservancy districts..

773a
installments, see main heading Installments
insurance of mortgaged property..

771
interest, see main heading Interest
investigation and report on character and solvency of

applicants by national farm loan association loan com-
mittee

751
investment of Government funds in mortgage loans pro-
hibited.

701
laws of States examined and report made--

971, 972
maximum and minimum loans..

771
members of farm loan associations entitled to.

741
mortgage loans, restriction on.--

791
mortgages, terms and conditions of

771
must be de through agents or farm loan associations or
direct to borrowers.

791
names of borrowers, disclosing of, penalty -

983
payment for stock in farm loan associations from.. 742
payment of loans in full, retirement of stock in Federal
land bank and association.---

721
payments
advance..

771
agreement for repayment on amortization plan.- 771
application and use of amortization and other pay-

ments on pledged mortgages..-- 881 (a), 891, 897–899
collections of:
by agents.

781, 806
by national farm loan associations.

781
by secretary-treasurers.

714
conditional payments.-

781
defaulted, see Defaults, supra
persons entitled to loans..

771
postponement of installments

781
proceeds of loans

borrower may elect to receive farm loan bonds... 772
in current funds or Federal Farm Mortgage Corpo-
ration bonds..

772
in Federal Farm Mortgage Corporation bonds at
option of bank..

723 (f), 772
payment for stock from..

742, 771
purposes of loans enumerated.

771
reamortization of..

781
reappraisal...
reclamation projects, mortgages on farm lands as security
for loans...

773
reduction of interest.

771
repayment of
agreement for, on amortization plan---

771
on any installment date after five years.

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771

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771

33
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47

47

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96

45, 51

47

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48

51

48

Loans-Continued.

U.S.C.
Federal land banks—Continued.

Sec. No.
report of association loan committee submitted with ap-
plication.

752
restrictions on..
restrictions on eligibility for.---

771
rules and regulations, see main heading Rules and regula-

tions
sale of mortgaged land, right of purchaser to assume
mortgage and stock interest of vendor...

771
security for

first mortgages on farm lands in land bank dis-
tricts.

771, 773
groves and orchard lands.

771
investigation and report on, by association loan
committee..

751
land used for raising of livestock.-

771
mortgage on personal property exempt from exe-
cution as additional security--

791
State legislation impairing security of --

972
taxes, assessments, etc., on mortgaged land, payment. 771, 781
term of loans.-

771
branch banks, limitation..

672
to applicants when association's stock" impaired
admission to membership----

724 (a)
authorization for, by Farm Credit Administra-
tion.

724 (a)
direct loan procedure applicable to, exceptions-- 724 (a)
interest rate on..

724 (a)
to farm loan associations...

743
interest rate on, limitation.--

743
to Federal land banks by Federal Farm Mortgage Cor-
poration.

1020d
to other Federal land banks..

781
to purchase national farm loan association stock.- 742
unfavorably reported
by land bank appraisers, not to be made.-

753
by loan committee, not to be made.--

751
use of money borrowed, agreement respecting-

771

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use of payments on pledged mortgages_881 (a), 891, 897–899 { 32

82-83

49
96

61
66
97
96
63
63
110
65

validity of loans, effect of unauthorized acts by land
banks or loan associations.

771
wilful overvaluation of land.

981
Joint stock land banks
authority to make, restrictions.

810
in territory of insolvent bank, limitation...

824
disclosing names of borrowers.-

983
false statements in application for loans.

981
interest rate..

818
limitation on.

819
loans to, by Federal Farm Mortgage Corporation.. 1020d
loans to, by Land Bank Commissioner.

823 (note)
restrictions
against making, after May 12, 1933.--

810
same as for Federal land banks, exceptions.--

818
secured by first farm mortgages.

818
territory restricted..

818, 824
Land Bank Commissioner
to farmers by
corporations as borrowers..

1016 (1)
deferment of principal payments, privilege of.- 1016 (c)
false statement to obtain, penalty -

1019
fees charged applicants..

1016 (e)
funds available to Commissioner for..

1016 (a)
in drainage, irrigation or conservancy districts---- 773a

61
63

63
63, 66

104
103
107
104
103
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