Download:
doc |
pdf
FSA-2515
Date of Modification 12-31-2007
BORROWER
RESPONSE TO NOTICE OF THE AVAILABILITY OF LOAN SERVICING
For
Borrowers Who Received FSA-2514
INSTRUCTIONS
FOR PREPARATION
Purpose:
The
purpose of this form is for borrowers, in non-monetary and/or
monetary default, to request loan servicing on all of their direct
Farm Loan Program loans. Agency officials will send or deliver
this response form to borrowers along with FSA-2514 when the
borrower is known to be in non-monetary default, or non-monetary
default and delinquent. The borrower will return the form as a
part of a complete application for servicing.
|
Handbook Reference:
5-FLP
|
Number of Copies:
Original
and one copy
|
Signatures Required:
All
borrowers (entity and individual persons) that executed the
promissory note or assumption agreement and have not been
previously released of liability for the debts. They may all sign
one form or each sign separate forms.
|
Distribution of Copies:
Original
will be sent to the Borrower along with FSA-2514. If the borrower
is requesting servicing, they will return this form, with
signatures. A copy of the blank form will be placed in the
official agency casefile to evidence that it was sent along with
FSA-2514. Once returned, a copy of the signed form will be place
with the remainder of the application package in the agency
official casefile.
|
Automation-Related
Transactions: (Instructions for writers: provide only the
information required, i.e. ADPS TC 3K. If no automation actions
are required, insert N/A) AgCredit
|
Fld Name /
Item No.
|
Instruction
|
1A – 4A
Borrower Name
|
The agency official will
type the name of the borrower that should sign the form. This
will be one of the parties that executed the promissory note or
assumption agreement. All borrowers (entity and individual
persons) that executed the promissory note or assumption
agreement and have not been previously released of liability for
the debts. They may all sign one form or each sign separate
forms.
|
1B – 4B
Signature
|
The borrower named in
block A will sign the response form. All borrowers (entity and
individual persons) that executed the promissory note or
assumption agreement and have not been previously released of
liability for the debts. They may all sign one form or each
sign separate forms.
|
1C – 4C
Date
|
The date will be entered
by the borrower when they sign the form.
|
Contact
the State Office if additional guidance is needed.
File Type | application/msword |
File Title | Used by |
Author | USDA-MDIOL00000DG8C |
Last Modified By | maryann.ball |
File Modified | 2010-07-01 |
File Created | 2010-07-01 |