Rural Finance Authority Loan Agreement and Note for RFA FarmRural Finance Authority Loan Agreement • July 31st, 2017
Lender: Lender Loan #: Lender Address: City: State: Zip: Borrower(s): 1.1 PARTIESIn this Agreement, the words “I” and “my” refer to the Borrower(s) named above. If more than one Borrower is named, “I” shall mean “we”. “You” means the (Lender). “RFA” means the State of Minnesota, through the Minnesota Rural Finance Authority, which may be participating with the (Lender) in this loan.1.2 PARTICIPATIONThe RFA may be participating in this Farm Opportunity Loan Program with you, to the extent of the lesser of: 45% of the principal or $ $100,000 maximum for an individual or 45% of the principal or $ $250,000 maximum per group.1.3 LOAN TERMSI have borrowed from you and agree to repay to you the principal sum of $ with interest on the unpaid balance of that sum (the “Total Amount”). The pro-rata sharing of the Total Amount of the debt shall be as follows: A. LenderLender Participation Amount: $ Terms: Check the box if the Lender interest is evidenced by a separate document. In which case, a c
