Show APPRAISER Ai t VISITS REAVER S y FARM LO LOAN N MONEY The land and appraiser for tor the Government Government Govern Govern- I ment Farm Loan Bank Dank for this section section sec sec- tion was in Beaver Deaver Nov 1 and because because beuse be be- cause use pf the influenza quarantine i r was unable to do any made madea madei i t a p promice romi ce to the County Agent however how how- 4 t S' S ever that if we would organize an association and get our applications for loans ready that ho lie would come the loans if satisfactory and the money he said could be received 7 within six weeks from tram that time In order to be a ember Dember member of the t association one must be a a. borrower There must t be bo ten or more members to form Corm an association This association atlon receives applications for farm farIn loins loans lo ns from its members and the board hoar of directors must pass on the securities and the use of which the money moner is asked Every member of or the a association I Is in a measure responsible for tor the j successful payment of the loans of or every every other member and for this if reason the loans are more likely tobe to tobe be be safe investments If the board passes on them The appraising agent for the bank must first approve the recommendations recommends recommends- s of the local board before the i rp loan will be allowed These loans will be allowed only for farm improvements purchase of j farms and livestock The securities must be first mortgages on Improved land with a permanently y established arid and sufficient water right that Is not Involved in litigation The amount o of t t the he loan cannot exceed I one lone g the tho h appraised d. d valuation of Uthe o he 8 The 9 y la s. s l loaned el Il the flipe Ibn nr tho plan aj at 5 f 2 1 2 per cent Interest Thep The hit Interest r S1 Vana i a It l p principle s to o G 2 1 per cent annually for 34 1 2 1 r years ars when the whole 1 is paid up at this rate This i ts is like ike paying wing G C 2 1 per cent interest Inter inter- Interest r- r est for 3 34 39 4 2 1 years and having the principle given to you yon After two r 1 rs fin part or all alJ may be paid pala e offa and the mortgage turned returned t to td the l 7 borrower harrower rower This is an opportunity for anyone to buy a a. farm improve a farm or to tostock tostock stock It Anyone wishing to join the the i. i Farm Farm Loan association should make application at once to the County Agricultural agent at Beaver so be done before before bethe be be- y the appraising work can with t fore the ground is covered H. snow H. H A. A Coun County y Agri C a |