§ 1980.68 - Lender's request to terminate Loan Note Guarantee.

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If the Loan Note Guarantee has not automatically terminated the lender may request FmHA or its successor agency under Public Law 103-354 to terminate the Loan Note Guarantee(s), for any reason, provided the lender holds all the guaranteed portions of the loan. (See paragraph 12 of Form FmHA or its successor agency under Public Law 103-354 449-34.) The lender will provide the County Supervisor with a written notice that the loan(s) is (or are) paid in full and/or termination of the Loan Note Guarantee(s) enclosing the original Form(s) FmHA or its successor agency under Public Law 103-354 449-34 for cancellation.

                    
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