№ files_lp_3_process_7_088873
Federal loan guarantee agreement issued by the United States Department of Agriculture Rural Development setting forth the unconditional obligations, waivers, enforcement terms, and federal debt provisions binding a guarantor in connection with a promissory note.
Form Number: RD 4279-14
OMB Control Number: 0570-0017
Issuing Authority: United States Department of Agriculture Rural Development
Agency: Rural Business-Cooperative Service (RBS)
Document Type: Unconditional Loan Guarantee Agreement
Related Instrument: Promissory Note
Applicable Law: Federal law including RBS regulations
Parties: Lender; Borrower; Guarantor
Liability: Joint and several liability of all guarantors
Subject: Guarantee of payment of a specified percentage of amounts due under a promissory note
Collateral: Tangible and intangible property pledged as security
Enforcement Provisions: Waivers of rights, notices, and defenses by Guarantor
Financial Disclosure Requirement: Guarantor must provide financial statements upon request
Federal Debt Provision: Loss claims paid by RBS constitute a Federal Debt recoverable from Guarantor
Paperwork Reduction Act Notice: Estimated completion time 20 minutes per response
Price: 8 / 10 USD
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