RD 5001-02 Lender's Agreement

Position 5
Form RD 5001-2
(00-00)

UNITED STATES DEPARTMENT OF AGRICULTURE
RURAL DEVELOPMENT

FORM APPROVED
OMB NO. 0000-0000

LENDER’S AGREEMENT
Lender:

Tax Identification Number:

Business Address:

Doing Business As (if applicable):

Lender Status (This is to be completed by the Agency):
Approved Lender
Preferred Lender
I.

General Provisions
Purpose.
The undersigned lender (“Lender”) is designated as a Lender with the above status for the purpose of processing and requesting Loan
Note Guarantees authorized under 7 CFR part 5001, and servicing those loans as authorized herein and under 7 CFR part 5001. The Lender
enters into this agreement as a condition for obtaining guarantees under this regulation.
The United States of America, acting through the United States Department of Agriculture ("Agency"), agrees to enter into Loan Note
Guarantees with the Lender issued pursuant to 7 CFR part 5001, and to participate in a percentage of any loss on any such loans not to
exceed the amount established in the Loan Note Guarantee.
Agreement.
Lender certifies that it has read, understands, and will originate, service, and otherwise operate in accordance with, the provisions of 7
CFR part 5001, which are incorporated into this agreement by reference. Lender further agrees to be bound by future Agency program
regulations not inconsistent with the current provisions of 7 CFR part 5001.
Notification
Lender agrees to notify the Agency of any circumstances that will affect the Lender's status as an approved or preferred lender as defined 7 CFR
part 5001.
Duration of Agreement.
This Agreement applies to all guaranteed loans made by the Lender pursuant to 7 CFR part 5001 from the date of this Agreement until
terminated or superseded by another Lender’s Agreement.
Termination.
The Agency or Lender may terminate this Agreement with 30 days prior written notice to the other party. Any termination will not
affect the status of any loan guarantees that have already been issued. Any termination by the Agency will be subject to any appeal
rights the Lender may have pursuant to 7 CFR part 11.
Modification of Agreement.
This Agreement may only be modified in writing by both of the parties.
Other requirements.
This Agreement is also subject to the requirements of any other applicable law. This Agreement shall be interpreted in accordance with
Federal law. Any conflict between the terms of this Agreement, or any other agreement entered into by the Lender and the Agency with
7 CFR part 5001 will be interpreted in accordance with 7 CFR part 5001.
This Agreement is also subject to the requirements and provisions of Title VI of the Civil Rights Act of 1964, Section 504 of the Rehabilitation
Act of 1973, Equal Credit Opportunity Act of 1974, Age Discrimination in Employment Act of 1975, Title XI of the Education Amendments
of 1972, Title VIII Fair Housing Amendments Act of 1988, Executive Order 11246 (Construction Contracts), and Executive Order 12898
(Federal Actions to Address Environmental Justice in Minority Populations and Low-Income Populations, and Other Equal Opportunity and
Nondiscrimination Requirements).

According to the Paperwork Reduction Act of 1995, no persons are 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 0000-0000. The time required to complete this information is estimated to average 2 hours per responsee, including the time for reviewing
instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information.

Form RD 5001-2 Page 1 of 2

Forms.
All forms required by this Agreement may be obtained from the Agency at any Rural Development State or local office.
Successors and Assigns.
This Agreement shall be binding upon Lender’s and the Agency’s successors and assigns.
The undersigned certifies that they are authorized to sign this Agreement on behalf of the Lender.
II.

Endorsement

Lender: Complete this block of Section II.

LENDER

_________________________________________________________________________________________________
(Name)

By: ___________________________________________________
(Signature)
___________________________________________________
(Name Typed or Printed)
Title: ___________________________________________________

Date: ___________________________________________________

(Notary Seal)
Attest:

_______________________________

This block of Section II will be completed by the Agency.

UNITED STATES OF AMERICA
Department of Agriculture

By: ________________________________________________
(Signature)

Title: ________________________________________________

________________________________________________
(Name Typed or Printed)

Date: ________________________________________________

Form RD 5001-2 Page 2 of 2