First National Bank
at Darlington
"Your Hometown Independent Bank!"
2006 - Celebrating Over 70 Years as Your Community Bank

Farm Loan Information
as of Feb. 2004

Program	Maximum Loan Amount	Rates and Terms	Use of Proceeds
Direct Farm Ownership	$200,000	Up to 40 years Rates based on Agency borrowing costs Temporary limited resource interest rates are available for those unable to repay at regular rates Interest rate 5% if 50% of loan amt. provided by other lender	Purchase land Construct buildings or other improvements Soil and water conservation
Beginning Farmer Down Payment Farm Ownership	Lesser of: 40% purchase price or appraised value	Term: 15 years Interest rate: 4%	Purchase farm or ranch
Direct Operating	$200,000	From 1 to 7 years Rates based on Agency borrowing cost Temporary limited resource interest rates are available for those unable to repay at regular rates	Purchase livestock, poultry, equipment, feed, seed, farm chemicals, and supplies Soil and water conservation Refinancing indebtedness with certain limitations
Direct Emergency	100% actual physical losses or $500,000 maximum program indebtedness	From 1 to 7 years for non-real estate purposes Up to 40 years for physical losses on real estate Interest rate: 3.75%	Restore or replace essential property Pay all or part of production costs associated with the disaster year Pay essential family living expenses Reorganize the farming operation Refinancing indebtedness with certain limitations
Guaranteed Operating	$782,000 (Amount adjusted annually for inflation)	From 1 to 7 years Rates not to exceed those lenders charge average farm customers Interest rate reduction of 4% available for those unable to repay at regular rates (with certain limitations)	Same as Direct Operating except loan may be used to refinance debts
Guaranteed Farm Ownership	$782,000 (Amount adjusted annually for inflation)	Up to 40 years Rates not to exceed those lenders charge average farm customers	Same as Direct Farm Ownership except loan may be used to refinance debts