Show LOCAL INSPECTOR INSPECT R TO AID FARMERS IN ASKING FOR F OR LOANS regulations for or governing production loans havo have been issued by tho the secretary ot of agriculture ard are now available to farmers in this county upon request to 0 mi ness field inspector of the crop production loan office mr office Is in 9 the e panguitch Pan gultch state bank building in panguitch Pan gultch instead tead of writing to washington or to one of 0 the regional offices mr air ness announced farmers can obtain the necessary application blanks tor for loans and detailed information about the requirements direct from him applications will then be reviewed by the county ad history committee then certified and forwarded to the regional ol 01 fice at salt lake city for final approval and action the regulations this year specify that only those who cannot get ge t loans elsewhere are eligible fori loans from the 90 fund authorized zed by congress loans can be used only f tor 0 r crop production and require the borrower to reduce his acreage of cash crops 30 per cent under last year unless be does not intend to plant more than 8 acres acrea of cotton 2 acres of tobacco 8 aaren of peanuts 20 acres acres ot of corn com IZ 13 acres ot of sugar beets 2 acres of oc truck crops 8 acres of potatoes 30 acres of rice or 40 acres of wheat the maximum permitted to any one borrower this year ta Is or in the case of tenants the total of all loans to tenants of any anyo one neland land lord within a eang county cannot exceed 1200 the actual amount advanced by the authorities will depend upon the borrowers requirements quire ments A first drat lien or mortgage on the crop will be required the regulations require that loans bo repaid on or before october 31 1 1933 interest at 6 per cent deducted in advance will be charged since the loans call tor for a first lien on oa the crop its as security the tha borrower frequently has hag to 0 procure procura from prior niort mortgages gagos or tights it if the applicant Is a tenant or la Is farming land under unde r contract c tor for deed or so called alro crup contract or has given a prior mortgage on hla his 1933 crops the regulations state that he must secure the tha waltera ot of the actual owners of the land or all prior mortgage holders it tho the applicant Is tho the owner ot of the land and farms it with tenants or share bhare croppers waivers of such tenants or share croppers must be secured the regulations fur further tho specify that the i person erroa waiving his prior rights must musts grev not to dispose of his rent note mortgage arother or other othor security y without first having obtained the written writ teli consent ot of a duly authorized agent of the secretary 0 of agriculture the regulations make it unlawful tor for any person to dispose 0 ot or assist in disposing of any crops given as security for any crop loan except tor for mhd account ot of the of 0 agriculture and pro vida tor for tine fine and imprisonment tor for violation ifo lation of 0 such regulation tho the regulations regula tlona also require that eael bors toor ower rower agree to plant a garden for his home and sufficient lonk acreage to furnish teed feed for lila his alvo tock stock |