Form RD 4274-5 RD 4274-5 Intermediary Relending Program Supplemental Loan Agreeme

Form RD 4274-5
(9-97)

UNITED STATES DEPARTMENT OF AGRICULTURE
RURAL BUSINESS-COOPERATIVE SERVICE

FORM APPROVED
OMB NO. 0570-0021

INTERMEDIARY RELENDING PROGRAM
SUPPLEMENTAL LOAN AGREEMENT
This agreement dated
is between the United States of America acting through U.S. Department of Agriculture
(herein called USDA), and
(herein called Intermediary). This agreement supplements a certain Intermediary Relending Program Loan Agreement between
USDA and Intermediary dated
In consideration of the mutual covenants and agreements contained
.
herein, parties agree as follows:
1. Loan Terms:
USDA agrees to loan the additional principal sum of
(hereinafter referred to as loan),
bearing interest at the fixed rate of 1 percent per annum from the date funds are advanced. The term of the loan is for
years from
.
This Loan is evidenced by a promissory note of even date herewith made payable to the USDA. Intermediary agrees to use
the Loan and its proceeds solely for activities as set forth in its Intermediary Relending Program (IRP) application including
the ''work plan'' submitted to USDA (including any supplements or modifications thereof agreed to by both parties) and in
accordance with the loan terms and conditions, the terms and conditions of this Supplemental Loan Agreement, and the rules and
regulations (as they may be modified) governing the IRP (7 CFR part 4274, subpart D and 7 CFR part 1951, subpart R).
2. Repayment:
Repayment of this Loan shall be made as follows:
2.1 Interest only will be paid on the unpaid balance for the first
years.
2.2 Principal and Interest will be paid in
equal installments beginning on
any remaining balance due and payable
years from the date of the note.
3.

,

with

Applicability:
The undersigned hereby agree that the provisions of that certain Intermediary Relending Program Loan Agreement between USDA
and Intermediary dated
also apply to this loan.
,

In witness thereof, USDA and Intermediary have executed this Agreement.

INTERMEDIARY
BY:

USDA
BY:

(Signature)

(Signature)

(Name typed or printed)

(Name typed or printed)

Title:

Title:

Date:

Date:

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From RD 4274-5 (9-97)