Fsa2682

Instructions For FSA-2682

LAND CONTRACT AGREEMENT FOR STANDARD GUARANTEE

This form will serve as the formal guarantee agreement between the land seller, the buyer, the servicing agent, and the Agency when the seller chooses the standard guarantee method of guarantee.

The original of the completed form will be sent to the servicing agent for attachment to the land contract. The Agency will retain a copy, with a copy being sent to the buyer.

Agency personnel will complete Items (a) through (k). The buyer will complete Items (l) and (m), the seller Items (n) and (o), the servicing agent Items (p) and (q), and the Agency will complete Items (r) and (s).

Items (a) – (k) are for FSA use only.

Items (l) – (q)

Fld Name / Item No.	Instruction
(l) Buyer’s Signature	The buyer will sign the agreement on this line.
(m) Date	Enter date the buyer signs the agreement.
(n) Seller’s Signature	The seller will sign the agreement on this line.
(o) Date	Enter the date the seller signs the agreement.
(p) Servicing Agent’s Signature	Servicing agent will sign the agreement on this line.
(q) Date	Enter the date the servicing agent signs the agreement.

Items (r) – (s) are for FSA use only.

Page 1 of 1 (proposal 2)