The collection of information requirements in Subpart A of part 1951 have been approved by the Office of Management and Budget and assigned OMB control number 0575-0075. [52 FR 26137, July 13, 1987]
Sec. Exhibit A to Subpart A of Part 1951--Notice to FmHA or its
successor agency under Public Law 103-354 Borrowers
FmHA or its successor agency under Public Law 103-354 borrowers with farmer program and community program loan types made under the Consolidated Farm and Rural Development Act may request a loan summary statement which shows the calendar year account activity for each loan. Interested borrowers may request these statements through their local FmHA or its successor agency under Public Law 103-354 office. [54 FR 10270, Mar. 13, 1989]
Sec. Exhibit B to Subpart A of Part 1951--Notice of Change in Interest
Rate
(insert date)
Notice of Change in Interest Rate ________________________________________________________________________
(insert borrower's address)Re: [squ] [squ]
Fund code
[squ] [squ]
Loan number
[squ] [squ]Kind code
Dear (insert borrower's name and case number): Your promissory note dated ------, for the original amount of ------ dollars ($------) provides for a change in interest rate for a limited resource loan in accordance with the Farmers Home Administration or its successor agency under Public Law 103-354 regulations.
Effective (insert date) the interest rate on this loan will be ---- percent ( %) on the unpaid principal balance. Your installment due January 1, 19 , will be ------ dollars ($------). This change in interest rate is for the reason indicated below.
[squ] Increase in repayment ability as per Farm and Home Plan dated ------.
[squ] (insert reason if other than above for increase in interest rate).
You may appeal this action by writing to (hearing officer), (address), within 30 calendar days of the date of this letter, giving the reason why you believe this matter should be decided differently. This time may be extended if you cannot notify the hearing officer within 30 days for reasons beyond your control. [56 FR 3396, Jan. 30, 1991] Subpart B [Reserved]