40 years for real-estate purposes cannot be exceeded. Loans made for similar purposes can be consolidated and rescheduled or reamortized. Generally, real estate will be needed as security when a term of more than 7 years is authorized. ASSISTANCE CONSIDERATIONS: Formula and Matching Requirements: None. Length and Time Phasing of Assistance: This varies in accordance with individual case needs, type of disaster losses, type of security available, and borrower's repayment ability. Applicants should consult the FSA county office serving their area for specific information. POST ASSISTANCE REQUIREMENTS: Reports: Borrowers are required to account for all security property. Audits: This varies in individual cases. Records: Applicants must furnish 5 year history of farm production, if available, when production losses are claimed. Otherwise, FSA records of acres grown and proven yields, county or State production averages, or combinations of the above records when approved, are used. Borrowers must keep adequate records as a condition for receiving FSA financing. Specific financial information is required to be maintained for 3 years for some borrowers as a condition of receiving loan assistance. 280 FINANCIAL INFORMATION: Account Identification: 12-4140-0-3-351. Obligations: (Direct Loans) FY 99 $329,849,000; FY 00 est $572,000,000; and FY 01 est $150,065,000. Range and Average of Financial Assistance: $500 to $500,000;
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