Conservation Loan Program - Direct Loan Servicing - Special

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.

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