Conservation Loan Program - Direct Loan Servicing - Special

Conservation Loan Program - Direct Loan Servicing- Special

FSA2511INS_12-31-07[1]

Conservation Loan Program - Direct Loan Servicing - Special

OMB: 0560-0267

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FSA-2511 Date of Modification: (12-31-07)


BORROWER RESPONSE TO NOTICE OF THE AVAILABILITY OF LOAN SERVICING

For Borrowers Who Received FSA-2510


INSTRUCTIONS FOR PREPARATION



Purpose:

The purpose of this form is for borrowers, greater than 90 days past due, to request loan servicing on all of their direct Farm Loan Program loans. Agency officials will send this response form to borrowers along with FSA 2510 when the account is 90 days past due. 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-2510. 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-2510. 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

To

FSA

The agency official will enter the name and address of the FSA office where the borrower will return their response.

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 Item 1A 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.

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File TitleUsed by
AuthorUSDA-MDIOL00000DG8C
Last Modified Bymaryann.ball
File Modified2010-07-01
File Created2010-07-01

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