Show Local Ready I To Help Farmers Apply for Crop Loans Regulations for 1933 governing crop rop loans have hove been Issue Issued by bythe bythe bythe the secretary secretory of ot agriculture and ore arc now available to farmers farmer In n this county upon request to Joseph L Mabey field Inspector of ot the crop production loan office Mr Mabey's I Is 13 In the tho county extension agents agent's office In n the Davis Davie county court house Farmington Utah Instead d of writing to Washington or to one of o the tha regional offices Mr J L L Mabey Mab y announced d farmers cnn can obtain the tho necessary application blanks for loans and oud detailed Information Information mation matlon about tho the requirements direct from him Applications will then be by the tho county advisory com eom then certified and to the regional office at nt Salt Lake Lako City Utah for final approval and action The Tho regulations this thia year specify that only those who cannot get loans leanA elsewhere are eligible for tor loans loana from the tho fun fund authorized by Con Con- Congress Congress Con Congress gress Loans LoanA can cnn be bo used only for crop production and require the tho bor- bor borrower borrower bor borrower rower to reduce his bis acreage of cash crops creps SO 30 per pH cent under last ast year unless he be docs not Intend to plant more than 20 O acres of corn 2 acres I of truck crops crops 8 S acres of potatoes or 90 40 acres of wheat The maximum permitted to any any one borrower this year Is 1300 or In the case of tenants the tho total of all loans lonno to tenants of nn any ono landlord with with- withIn within in a n single county cannot exceed The actual amount advanced by the authorities will depend upon the tho borrowers borrower's requirement A first lien or mortgage on t the Cho e crop will bo required The regulations require that loans be bo repaid on or before October 31 1933 Interest at 5 fi per cent de- de deduced de deduced In advance will be bo charged Since Sinco tho the loans call for a first drat lien Henon on the tho crop as security the borrower frequently has to procure waivers of prior mortgages es or rights If It the tho ap- ap applIcant ap applicant Is la a tenant or Is farming land under contract for tor deed 1 or so- so called BO-called called crop contract or has given a prior mortgage on his 1933 crops the tho regulations state ho he must S secure CUr the tho waivers of ot the actual owners of the theland theland theland land andor all prior mortgage hold hold- holders holders ers era If It the applicant Is 18 the owner ot of the tho land and farms It with tenants or share croppers waivers of such guch ten- ten I ants or share croppers must bo ho so- so cured cured so-cured Th The regulations re further specify p that tho the person waiving his prior rights must m agree not to dispose of his rent note mortgage or oth other r security without first drat having obtAined the written con consent Bent of a 1 duly author agriculture agent of ot th tho secretary of et agri- agri agri culture The regulations make mako It unlawful I for any person to dispose of or ns- ns as slat assist In la disposing of any crops given ne as security for any crop loan lonn except for the account of the secretary of a and provide for ono Ino and Imprisonment for violation of such r The Tho regulations also re- re re quire require that each borrower agree to plant a n Garden for tor his homo home use URe an and s acreage to furnish feed for far his livestock |