FSA-2361 Lender subordination agreement

Farm Loan Programs - Direct Loan Making

FSA2361_V02

OMB: 0560-0237

Document [pdf]
Download: pdf | pdf
Form Approved OMB
–
No. 0560-0237
Expiration Date 12-31-2025

This form is available electronically.

FSA-2361

U.S. DEPARTMENT OF AGRICULTURE
Farm Service Agency

(10-27-08)

SUBORDINATION TO THE GOVERNMENT

,

(1)

(Lienholder) is the owner and holder of the following described instruments executed by (2)

(Borrower) of (3)

County, State of (4)
:

(5)
Instrument Title

(6)
Instrument Date

(7)
Date Filed

(8)
Office Filed

(9)
Document File No.

The United States of America, acting through the U.S. Department of Agriculture, Farm Service Agency,
(Government) has agreed to loan (10) $

to the Borrower for the following purposes (11):

THEREFORE, in consideration of the Government’
s agreement to make such loan to the Borrower, the Lienholder
(a) consents to the borrower obtaining the loan from the Government for such purposes; and (b) agrees to and does
subordinate in favor of the Government and its successors and assigns its liens and security interests created or evidenced by
the above-described instruments insofar as they cover the following described property (12):

FSA-2361 (10-27-08)

Page 2 of 2

This subordination covers: (1) the amount actually loaned by the Government to the Borrower (principal and accrued
interest) for the foregoing purposes, (2) future advances for taxes, insurance, payment of prior liens, and protection of the
security, and (3) the amount actually advanced for foreclosure costs made by the Government.
IN WITNESS WHEREOF, the lienholder has executed this subordination agreement by signing on
.

(13)
(Date)

(14) Name of Lienholder’
s Representative

(15) Title

(16) Signature
17. ACKNOWLEDGEMENT

NOTE:

The following statements are made in accordance with the Privacy Act of 1974 (5 USC 552a): the Farm Service Agency
(FSA) is authorized by the Consolidated Farm and Rural Development Act, as amended (7 USC 1921 et seq.), or other Acts,
and the regulations promulgated thereunder, to solicit the information requested on its application forms. The information
requested is necessary for FSA to determine eligibility for credit or other financial assistance, service your loan, and conduct
statistical analyses. Supplied information may be furnished to other Department of Agriculture agencies, the Internal
Revenue Service, the Department of Justice or other law enforcement agencies, the Department of Defense, the Department
of Housing and Urban Development, the Department of Labor, the United States Postal Service, or other Federal, State, or
local agencies as required or permitted by law. In addition, information may be referred to interested parties under the
Freedom of Information Act (FOIA), to financial consultants, advisors, lending institutions, packagers, agents, and private or
commercial credit sources, to collection or servicing contractors, to credit reporting agencies, to private attorneys under
contract with FSA or the Department of Justice, to business firms in the trade area that buy chattel or crops or sell them for
commission, to Members of Congress or Congressional staff members, or to courts or adjudicative bodies. Disclosure of the
information requested is voluntary. However, failure to disclose certain items of information requested, including your Social
Security Number or Federal Tax Identification Number, may result in a delay in the processing of an application or its
rejection.
According to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a person is not required to
respond to, a collection of information unless it displays a valid OMB control number. The valid OMB control number for this
information collection is 0560-0237. The time required to complete this information collection is estimated to average 30
minutes per response, including the time for reviewing instructions, searching existing data sources, gathering and
maintaining the data needed, and completing and reviewing the collection of information. RETURN THIS COMPLETED
FORM TO YOUR COUNTY FSA OFFICE.

The U.S. Department of Agriculture (USDA) prohibits discrimination in all its program and activities on the basis of race, color, national
origin, age, disability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, genetic
information, political beliefs, reprisal, or because all or part of an individual’
s income is derived from any public assistance program. (Not
all prohibited bases apply to all programs.) Persons with disabilities who require alternative means for communication of program
information ( Braille, large print, audiotape, etc.) should contact USDA’
s TARGET Center at (202) 720-2600 (voice and TDD). To file a
complaint of Discrimination, write to USDA, Director, Office of Civil Rights, 1400 Independence Avenue, SW., Washington, DC 202509410, or call (800) 795-3272 (voice) or (202) 720-6382 (TDD). USDA is an equal opportunity provider and employer.


File Typeapplication/pdf
File TitleFSA2361_081027V01
Author(Leave one of these) RD FSA NRCS ITS
File Modified2022-12-05
File Created2008-10-27

© 2024 OMB.report | Privacy Policy