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A loan assurance below this part shall offer for finish amortization from the loan promise within not a lot more than forty many years.If a borrower defaults around the obligation, the holder from the loan warranty shall have the best to desire payment with the unpaid volume through the Secretary.Any activity carried out beneath this subchapter sha
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An obligation shall bear interest at a amount that does not exceed a degree that the Secretary decides to get correct, making an allowance for the prevailing rate of interest within the private sector for comparable loans and threats.By these kinds of date as might be specified in the loan guarantee or relevant agreements, the Secretary shall pay b