UNITED STATES DEPARTMENT OF AGRICULTURE
RURAL DEVELOPMENT
FARM SERVICE AGENCY
Form RD 1955-45
(Rev. 11-06)
FORM APPROVED
OMB NO. 0575-0172
STANDARD SALES CONTRACT
SALE OF REAL PROPERTY BY THE UNITED STATES
1.
THE OFFER DATE OF THIS CONTRACT (THE DATE SIGNED BY THE PURCHASER) IS ______________________ 20____
.
2.
THE UNITED STATES OF AMERICA, acting through the
Rural Housing Service;
Rural Utilities Service;
Rural
Business-Cooperative Service;
Farm Service Agency, hereinafter referred to as the “Agency”, as SELLER, agrees to sell to the
PURCHASER named below, and said purchaser agrees to buy, the property identified hereinafter, subject to the CONDITIONS OF
SALE on pages 3 and 4 hereof which are incorporated and made part hereof.
3.
PROPERTY IDENTIFICATION. Street address, including ZIP code and county:
Brief Legal Description:
together with the appurtenances thereunto belonging.
4.
EARNEST MONEY DEPOSIT, $ __________________, (TO BE REFUNDED TO PURCHASER IF THIS OFFER REJECTED OR IF
AGENCY CREDIT SALE IS NOT APPROVED)
TO BE REFUNDED TO PURCHASER AT CLOSING
TO BE APPLIED TO
CLOSING COSTS, AT CLOSING, WITH ANY BALANCE REFUNDED TO PURCHASER
TO BE APPLIED TO CLOSING
COSTS, AT CLOSING, WITH ANY BALANCE APPLIED TO THE PURCHASE PRICE.
5.
PRICE: $ _______________________________ CASH AT CLOSING: $ _________________________ , WITH BALANCE OF
$ _______________________________ BY CREDIT SALE (SECURED BY MORTGAGE OR DEED OF TRUST) ACCEPTED BY
AGENCY PROVIDING FOR EQUAL __________________ INSTALLMENTS OF PRINCIPAL AND INTEREST AT THE AGENCY
INTEREST RATE IN EFFECT AS SET FORTH IN RD INSTRUCTION 440.1 (AVAILABLE IN ANY AGENCY OFFICE) AT THE TIME
THE APPLICANT IS NOTIFIED THE CREDIT SALE IS APPROVED
WITH ANY BALANCE OF THE LOAN TO BE PAID IN
FULL NOT LATER THAN THE _________________ ANNIVERSARY OF THE LOAN.
6.
CONTINGENCY. If a credit sale is indicated in paragraph 5 above, this contract is contingent upon the Agency approving a credit
sale, satisfactory to and in the name of the fo