Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 6 · column 4 of 9 · from the scan, no model involved
9. Q. Why five years for bins?
A. That gives you a builtin extension if you have a bad year.
10. Q. Is t h e r e a service charge?
A. Yes, one percent at the time you sign up. This is refundable down to five dollars.
11. Q. What secures the loan?
A. A note plus a chattel deed of trust on bins and dryers. A note plus a real estate deed of trust on a permanent structure.
12. Q. What do you mean, per manent structure?
A. A frame or masonry bin. The round steel tank type are considered movable.
13. Q. Can I get a loan for a commercial drying and storage operation?
A. No. Even if you put it next to a commercial operation it will not be eligihle. You can dry crops for neighboring producers, however.
14. Q. Is insurance required?
A. Yes, fire and extended coverage for the life of the loan for the amount of the loan. Installments can be made annually.
15. Q. Can an equipment tradein be made instead of a down payment?
A. Yes, but it must be itemized on the bill.
16. Q. When should I apply?
94.0%