Good Delivery Requirements

Prior to paying for any USDA / RBS government loan, USDA Capital Company must have in hand the completed documents required for legal transfer.

Loan must be properly closed and fully disbursed prior to settlement date in the secondary market.

Documents to be included in all Transaction Packages:

A. Loan Note Guarantee (Form RBS - 4279-5) (A Copy)

This form is provided by the Agency after the loan is guaranteed.

1. This form must be the original current agency-issued document.
2. All signatures must be the original signatures. Facsimile signatures are unacceptable.
3. Whiteouts, mark outs and cross-through are not permitted except where necessary to bring the agency form into compliance with year 2000 date requirements.

B. The Note (As defined in the applicable agency regulations) (A copy)

1. This form must be the original.
2. All signatures must be the original signatures. Facsimile signatures are unacceptable.
3. No whiteouts, mark-outs, cross through or any other methods of correction.
4. Any modifications to the original note must accompany the note. Agency approval is required for any change dated after the date of the Note.

C. Assignment Guarantee Agreement (Form RBS 4279-6) (Lender prepares this document) (An Original)

1. This form must be the original.
2. All signatures must be the original signatures. Facsimile signatures are unacceptable.
3. This document must define the pass through of any prepayment penalty.
4. No whiteouts, mark-outs, cross through or any other method of correction.
5. This document must be a form approved by the Bond Market Association.

D. Prepayment Pass-Through Letter (Original)

If a prepayment penalty clause is incorporated in the loan agreement or note, a Prepayment Pass- Through Letter from the originating lender must be prepared. The letter should state the lender's intent to pass through to the holder a pro-rata share of any prepayment collected from the borrower. One (1) original letter should be included for each transaction.

E. If the seller is not the original lender, three (3) Transfer Documents must be properly executed, assigning the loan from seller to purchaser. If loan is already in the Secondary Market, include all Transfer Documents representing the chain of ownership from original holder to the current purchaser.

• This Transfer Document must have no whiteouts, mark-outs, cross through or any other method of correction.
• All signatures must be original. Facsimile signatures are unacceptable.

Please submit the executed documents to the following address:

USDA Capital Corporation
2509 La Paloma
McKinney, Texas 75070-7789

Should you have any questions regarding the above information, please do not hesitate to contact us at (214) 733-8900 or (888)-414-3329.