2012 Idaho Statutes
Title 43 - IRRIGATION DISTRICTS
Chapter 20 - PROVISIONS APPLICABLE TO IRRIGATION DISTRICTS AND DRAINAGE DISTRICTS
Section 43-2002 - APPLICATION FOR RELEASE OF FIRST MORTGAGE -- CONTENTS.
(a) The name of the irrigation or drainage district, its general location and its officers.
(b) The total acreage in the district.
(c) The total outstanding obligations of the district including the following:
(6) Obligations outstanding for which warrants have not been issued.
(d) The assessment per acre for three (3) years prior to the date of the application itemized as follows:
(e) The complete plan for refinancing and dissolution of the district.
(f) A description and the acreage of the property covered by the mortgage for which application for release is made, and a true and correct valuation thereof.
(g) The amount due on the mortgage sought to be released.
(h) The total amount and amount per acre required to retire the outstanding indebtedness of the district in which the land is situated.
(i) The term for which said prior lien shall extend, the annual rate of interest and the basis for retirement.
(j) Any other liens or encumbrances against said property and the amount of each.
(k) The name of the applicant, his residence or place of business (if a corporation, its officers and managing agent).
(l) Such other information as the board shall desire.
(m) Said application shall be verified by the oath of the applicant.
History:
[43-2002, added 1933, ch. 194, sec. 2, p. 385; am. 1969, ch. 466, sec. 7, p. 1326; am. 1974, ch. 24, sec. 90, p. 744.]
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