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Underpayments of assistance by the Government will be paid in a lump sum to lender. Overpayments made by the Borrower as a result of underpayments by the Government must be refunded to the Borrower by the Lender unless an agreement to apply the payments to the loan is reached by the Borrower and the Lender. Presentment protest and notice are waived. This master agreement between the Government and Borrower supplements the Promissory Note between called Lender and Borrower s. Form RD 1980-12...
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