5001-4 Loan Note Guarantee

Form RD 5001-4
(Rev. 00-00)
UNITED STATES DEPARTMENT OF AGRICULTURE
RURAL DEVELOPMENT

LOAN NOTE GUARANTEE
Borrower Name:

Borrower Doing Business As:

Lender Name:

Lender’s Tax ID Number:

Lender’s Address

Agency Assigned System ID #:

Principal Amount of Loan $ ________________

Date of Note:

Type of Loan: ___Community Programs ___Water and Waste Disposal___ Business and Industry ___ Rural Energy for America Program
Interest Rate Information: Fixed:______ Variable:_______ Both:______
If Both: Projected Effective Rate _________________

FIXED:

Guaranteed Rate
__________
Unguaranteed Rate ___________

Variable: Source of Base Rate Publication: __________________
Guaranteed Rate: ____ Current Base Rate: ____ +Incremental Difference_____ Rate Change Period: ______ Rate Cap:_____
Rate Floor:____
Unguaranteed Rate: _____ Current Base Rate:_____ +Incremental Difference_____ Rate Change Period: _____ Rate Cap:_____
Rate Floor: _____
The guaranteed portion of the loan is $ _______________, which is _______________% percent of total loan principal. The principal
amount of the loan is evidenced by the notes described below. This instrument is attached to the first note shown below.
Lender’s Identifying
Loan Number

Face Amount of Note

Percent of Guarantee
%

$

TOTAL

$ ______________

Amount Guaranteed
$

$ ________________

In consideration of the making of the subject loan by the above named Lender, the United States of America, acting through the United
States Department of Agriculture (USDA), Rural Development, does hereby agree that in accordance with, and subject to the
conditions and requirements herein, it will pay any loss on the above reference loan in accordance with this agreement and 7 CFR part
5001.
CONDITIONS OF GUARANTEE
1.

Full Faith and Credit.
The Loan Note Guarantee constitutes an obligation supported by the full faith and credit of the United States in accordance with
7 CFR 5001.450.

2.

Personal Guarantees.
For personal, partnership, and corporate guarantees provided in accordance with 7 CFR 5001.204 and Form RD 5001-5,
“Unconditional Guarantee,” any such guarantee remains in effect until the note is paid in full. Guarantor must pay all amounts due
under the note when the Lender makes written demand upon the Guarantor. The Lender is not required to seek payment from any
other source before demanding payment from the Guarantor.

3.

Notices.
All notices and actions will be initiated through the USDA with mailing address:

UNITED STATES OF AMERICA
Department of Agriculture
By: ___________________________________
Title: __________________________________
Date: _________
Assumption Agreement by: ___________________________________
Date:________
Assumption Agreement by:____________________________________
Date: _______

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 currently valid OMB control number. The valid OMB control number for this collection is
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reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the
collection of information. Responses to this collection of information are mandatory (7 CFR 5001). Send comments on the agency's need for
this information, the accuracy of the provided burden estimates, and any suggested methods for minimizing respondent burden, including
through the use of automated collection techniques to InnovationCenterRegulations@usda.gov. Include the OMB control number in any
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