Sheet: 595, SHEET 1

Sheet: 595, SHEET 2

Sheet: 595, SHEET3

Sheet: 595, SHEET4

Sheet: INSTRUCTIONS, SHEET 1

Sheet: INSTRUCTIONS, SHEET 2

Sheet: Module1

“No further benefits may be paid out under this program unless this report is completed and filed as required by existing law and regulations (7 U.S.C. 901 et seq.)”

USDA - RUS

FORM APPROVED

FINANCIAL REQUIREMENT & EXPENDITURE STATEMENT

OMB NO. 0572-0015

TO: U.S. DEPARTMENT OF AGRICULTURE, RUS, WASHINGTON, D.C. 20250

1. BORROWER DESIGNATION

STATE 00 COUNTY

 DETAILED INSTRUCTIONS, SEE INSTRUCTION SHEETS & RUS BULLETIN 26-1

2. STATEMENT NO.

3. DATE SUBMITTED

THIS SPACE FOR RUS USE ONLY

1.0

36192.0

DATE RECEIVED

REGISTER NO.

4. PERIOD ENDING (MONTH & YEAR)

5. EFFECTIVE DATE OF ADJUSTED AMOUNTS

36130.0

36130.0

PRIMARY BUDGET PURPOSES

CONSOLIDATED

AMOUNTS

TOTAL

TOTAL

CASH

ADVANCE

LOAN BUDGET

APPROVED

ADVANCE

EXPENDITURES

BALANCE

NOW

FOR ADVANCE

TO DATE

REQUESTED

(1)

(2)

(3)

(4)

(5)

(6)

(7)

0.0

     ADJUSTED (RUS USE ONLY)

0.0

     ADJUSTED (RUS USE ONLY)

0.0

     ADJUSTED (RUS USE ONLY)

0.0

     ADJUSTED (RUS USE ONLY)

0.0

     ADJUSTED (RUS USE ONLY)

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

UNDER STOP ORDER OR CONDITIONAL AGREEMENTS, EXCLUSIVE OF CONCURRENT LOAN STANDARD CONDITIONAL AGREEMENT

0.0

     ADJUSTED (RUS USE ONLY)

     TOTALS

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

BREAKDOWN OF AMOUNT UNDER STOP ORDER OR CONDITIONAL AGREEMENT AS SHOWN ABOVE

TOTAL AMOUNT OF NOTES EXECUTED

   A.   DISTRIBUTION

0.0

   D.   HEADQUARTERS

0.0

  A.   RUS

0.0

   B.   TRANSMISSION

0.0

   E.   ACQUISITIONS

0.0

  B.   FFB

0.0

   C.   GENERATION

0.0

   F.   OTHER

0.0

  C.   OTHER

0.0

STATUS OF THE

LOAN UNDER WHICH THIS ADVANCE IS REQUESTED

(RUS LOAN DESIGNATION)

ITEM

RUS

FFB

OTHER

TOTAL

  AMOUNT OF LOAN

0.0

  AMOUNT UNDER CONCURRENT LOAN CONTROL

0.0

  ADVANCED TO DATE

0.0

CERTIFICATION

          Balance in “Cash-Construction Fund-Trustee” account (total of column 6) at the close of the period covered by this report is

0.0

          Subject to approval of RUS, the corporation requests that total of column 7 be advanced under the loan contract.  All references herein to “Loan Contract” shall include,

          in addition to the RUS loan contract, any Federal Financing Bank – RUS loan commitment agreement with related commitment notice and correspondence concerning

          loan terms and conditions.  I certify that this amount is required for the purposes designated in accordance with provisions of said loan contract and that proceeds will

          be deposited in the “Cash-Construction Fund-Trustee” account of the

          bank which is a member of the FDIC and will be disbursed only as herein specified in accordance with the provisions of said contract. I further certify that I have checked

          the cash balance shown on this statement in column 6 with the books and records of the corporation and said balances are true and correct and expenditures reported

          in Column 5 were used for the purposes and in the amounts authorized by the loan contract and previously approved Financial Requirement and Expenditure Statement.

          With respect to concurrent loan funds included in this requisition, if any, the total amount of funds advanced to date under this designated concurrent loan is as

          shown above and this request is now made to

in accordance with the established procedures for

Name of Lender

          requisitioning and advancing funds under concurrent loans.  All loan contract conditions concerning advance of funds under concurrent loans have been met.

NAME AND ADDRESS OF BORROWER

SIGNATURE

TITLE - AUTHORIZED CORPORATE OFFICER OR MANAGER

  LONG TERM

 SHORT TERM              (

)

RUS USE ONLY

APPROVAL OF PAYMENT UNDER LOAN CONTRACT

INSURANCE VERIFIED

STOP ORDERS & CONDITIONAL AGREEMENTS VERIFIED

ACCOUNT SYMBOL

NOTES

ITEM

STATE

BORROWER

ACCT. NO.

AMOUNT (DOLLARS)

I certify that the borrower has complied with all the

provisions of the Loan Contract therein required to be

performed in order to obtain the payment approved

under this request: that all certificates, statements,

and documents: and the obligations required from

the borrower in connection herewith by the provisions

of said Loan Contract have been received, examined,

TOTAL

and found to be satisfactory; and payment is approved

in the total adjusted amount shown in column 7.

SIGNATURE

DATE

RUS FORMS 595   REV. 2-81    Computer Generated Facsimile

SHEET 1

SEND THIS COPY TO RUS

USDA - RUS

FORM APPROVED

FINANCIAL REQUIREMENT & EXPENDITURE STATEMENT

OMB NO. 0572-0015

TO: U.S. DEPARTMENT OF AGRICULTURE, RUS, WASHINGTON, D.C. 20250

1. BORROWER DESIGNATION

STATE 00 COUNTY

 DETAILED INSTRUCTIONS, SEE INSTRUCTION SHEETS & RUS BULLETIN 26-1

2. STATEMENT NO.

3. DATE SUBMITTED

THIS SPACE FOR RUS USE ONLY

1.0

36192.0

DATE RECEIVED

REGISTER NO.

4. PERIOD ENDING (MONTH & YEAR)

5. EFFECTIVE DATE OF ADJUSTED AMOUNTS

36130.0

36130.0

 PRIMARY BUDGET PURPOSES

CONSOLIDATED

AMOUNTS

TOTAL

TOTAL

CASH

ADVANCE

LOAN BUDGET

APPROVED

ADVANCE

EXPENDITURES

BALANCE

NOW

FOR ADVANCE

TO DATE

REQUESTED

(1)

(2)

(3)

(4)

(5)

(6)

(7)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

UNDER STOP ORDER OR CONDITIONAL AGREEMENTS, EXCLUSIVE OF CONCURRENT LOAN STANDARD CONDITIONAL AGREEMENT

0.0

     ADJUSTED (RUS USE ONLY)

     TOTALS

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

BREAKDOWN OF AMOUNT UNDER STOP ORDER OR CONDITIONAL AGREEMENT AS SHOWN ABOVE

TOTAL AMOUNT OF NOTES EXECUTED

   A.   DISTRIBUTION

0.0

   D.   HEADQUARTERS

0.0

  A.   RUS

0.0

   B.   TRANSMISSION

0.0

   E.   ACQUISITIONS

0.0

  B.   FFB

0.0

   C.   GENERATION

0.0

   F.   OTHER

0.0

  C.   OTHER

0.0

STATUS OF THE

0.0

LOAN UNDER WHICH THIS ADVANCE IS REQUESTED

(RUS LOAN DESIGNATION)

ITEM

RUS

FFB

OTHER

TOTAL

  AMOUNT OF LOAN

0.0

0.0

0.0

0.0

  AMOUNT UNDER CONCURRENT LOAN CONTROL

0.0

  ADVANCED TO DATE

0.0

0.0

0.0

0.0

CERTIFICATION

          Balance in “Cash-Construction Fund-Trustee” account (total of column 6) at the close of the period covered by this report is

0.0

          Subject to approval of RUS, the corporation requests that total of column 7 be advanced under the loan contract.  All references herein to “Loan Contract” shall include,

          in addition to the RUS loan contract, any Federal Financing Bank – RUS loan commitment agreement with related commitment notice and correspondence concerning

          loan terms and conditions.  I certify that this amount is required for the purposes designated in accordance with provisions of said loan contract and that proceeds will

          be deposited in the “Cash-Construction Fund-Trustee” account of the

0.0

          bank which is a member of the FDIC and will be disbursed only as herein specified in accordance with the provisions of said contract. I further certify that I have checked

          the cash balance shown on this statement in column 6 with the books and records of the corporation and said balances are true and correct and expenditures reported

          in Column 5 were used for the purposes and in the amounts authorized by the loan contract and previously approved Financial Requirement and Expenditure Statement.

          With respect to concurrent loan funds included in this requisition, if any, the total amount of funds advanced to date under this designated concurrent loan is as

          shown above and this request is now made to

0.0

in accordance with the established procedures for

Name of Lender

          requisitioning and advancing funds under concurrent loans.  All loan contract conditions concerning advance of funds under concurrent loans have been met.

0.0

NAME AND ADDRESS OF BORROWER

0.0

SIGNATURE

TITLE - AUTHORIZED CORPORATE OFFICER OR MANAGER

RUS USE ONLY

  THE ADJUSTMENTS WHICH MADE THE CHANGES SHOWN AS THE ADJUSTED AMOUNTS ABOVE ARE LISTED ON

  THE ENCLOSED PHOTOCOPY OF RUS FORM 605 AND REFERRED TO AS REGISTER NO. 

  THESE CHANGES SHOULD BE RECORDED ON YOUR RECORDS.

  THERE HAVE BEEN NO BUDGET ADJUSTMENTS SINCE YOUR LAST STATEMENT WAS PROCESSED.

  THE AMOUNT REQUESTED (COLUMN 7) HAS BEEN REDUCED FOR THE FOLLOWING REASONS:

RUS FORMS 595   REV. 2-81    Computer Generated Facsimile

SHEET 2

SEND THIS COPY TO RUS

USDA - RUS

FORM APPROVED

FINANCIAL REQUIREMENT & EXPENDITURE STATEMENT

OMB NO. 0572-0015

TO: U.S. DEPARTMENT OF AGRICULTURE, RUS, WASHINGTON, D.C. 20250

1. BORROWER DESIGNATION

STATE 00 COUNTY

 DETAILED INSTRUCTIONS, SEE INSTRUCTION SHEETS & RUS BULLETIN 26-1

2. STATEMENT NO.

3. DATE SUBMITTED

THIS SPACE FOR RUS USE ONLY

1.0

36192.0

DATE RECEIVED

REGISTER NO.

4. PERIOD ENDING (MONTH & YEAR)

5. EFFECTIVE DATE OF ADJUSTED AMOUNTS

36130.0

36130.0

 PRIMARY BUDGET PURPOSES

CONSOLIDATED

AMOUNTS

TOTAL

TOTAL

CASH

ADVANCE

LOAN BUDGET

APPROVED

ADVANCE

EXPENDITURES

BALANCE

NOW

FOR ADVANCE

TO DATE

REQUESTED

(1)

(2)

(3)

(4)

(5)

(6)

(7)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

UNDER STOP ORDER OR CONDITIONAL AGREEMENTS, EXCLUSIVE OF CONCURRENT LOAN STANDARD CONDITIONAL AGREEMENT

0.0

     ADJUSTED (RUS USE ONLY)

     TOTALS

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

BREAKDOWN OF AMOUNT UNDER STOP ORDER OR CONDITIONAL AGREEMENT AS SHOWN ABOVE

TOTAL AMOUNT OF NOTES EXECUTED

   A.   DISTRIBUTION

0.0

   D.   HEADQUARTERS

0.0

  A.   RUS

0.0

   B.   TRANSMISSION

0.0

   E.   ACQUISITIONS

0.0

  B.   FFB

0.0

   C.   GENERATION

0.0

   F.   OTHER

0.0

  C.   OTHER

0.0

STATUS OF THE

0.0

LOAN UNDER WHICH THIS ADVANCE IS REQUESTED

(RUS LOAN DESIGNATION)

ITEM

RUS

FFB

OTHER

TOTAL

  AMOUNT OF LOAN

0.0

0.0

0.0

0.0

  AMOUNT UNDER CONCURRENT LOAN CONTROL

0.0

  ADVANCED TO DATE

0.0

0.0

0.0

0.0

CERTIFICATION

          Balance in “Cash-Construction Fund-Trustee” account (total of column 6) at the close of the period covered by this report is

0.0

          Subject to approval of RUS, the corporation requests that total of column 7 be advanced under the loan contract.  All references herein to “Loan Contract” shall include,

          in addition to the RUS loan contract, any Federal Financing Bank – RUS loan commitment agreement with related commitment notice and correspondence concerning

          loan terms and conditions.  I certify that this amount is required for the purposes designated in accordance with provisions of said loan contract and that proceeds will

          be deposited in the “Cash-Construction Fund-Trustee” account of the

0.0

          bank which is a member of the FDIC and will be disbursed only as herein specified in accordance with the provisions of said contract. I further certify that I have checked

          the cash balance shown on this statement in column 6 with the books and records of the corporation and said balances are true and correct and expenditures reported

          in Column 5 were used for the purposes and in the amounts authorized by the loan contract and previously approved Financial Requirement and Expenditure Statement.

          With respect to concurrent loan funds included in this requisition, if any, the total amount of funds advanced to date under this designated concurrent loan is as

          shown above and this request is now made to

0.0

in accordance with the established procedures for

Name of Lender

           requisitioning and advancing funds under concurrent loans.  All loan contract conditions concerning advance of funds under concurrent loans have been met.

0.0

NAME AND ADDRESS OF BORROWER

0.0

SIGNATURE

TITLE - AUTHORIZED CORPORATE OFFICER OR MANAGER

RUS USE ONLY

  THE ADJUSTMENTS WHICH MADE THE CHANGES SHOWN AS THE ADJUSTED AMOUNTS ABOVE ARE LISTED ON

  THE ENCLOSED PHOTOCOPY OF RUS FORM 605 AND REFERRED TO AS REGISTER NO. 

  THESE CHANGES SHOULD BE RECORDED ON YOUR RECORDS.

  THERE HAVE BEEN NO BUDGET ADJUSTMENTS SINCE YOUR LAST STATEMENT WAS PROCESSED.

  THE AMOUNT REQUESTED (COLUMN 7) HAS BEEN REDUCED FOR THE FOLLOWING REASONS:

RUS FORMS 595   REV. 2-81    Computer Generated Facsimile

SHEET 3

SEND THIS COPY TO RUS

USDA - RUS

FORM APPROVED

FINANCIAL REQUIREMENT & EXPENDITURE STATEMENT

OMB NO. 0572-0015

TO: U.S. DEPARTMENT OF AGRICULTURE, RUS, WASHINGTON, D.C. 20250

1. BORROWER DESIGNATION

STATE 00 COUNTY

 DETAILED INSTRUCTIONS, SEE INSTRUCTION SHEETS & RUS BULLETIN 26-1

2. STATEMENT NO.

3. DATE SUBMITTED

THIS SPACE FOR RUS USE ONLY

1.0

36192.0

DATE RECEIVED

REGISTER NO.

4. PERIOD ENDING (MONTH & YEAR)

5. EFFECTIVE DATE OF ADJUSTED AMOUNTS

36130.0

36130.0

PRIMARY BUDGET PURPOSES

CONSOLIDATED

AMOUNTS

TOTAL

TOTAL

CASH

ADVANCE

LOAN BUDGET

APPROVED

ADVANCE

EXPENDITURES

BALANCE

NOW

FOR ADVANCE

TO DATE

REQUESTED

(1)

(2)

(3)

(4)

(5)

(6)

(7)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

UNDER STOP ORDER OR CONDITIONAL AGREEMENTS, EXCLUSIVE OF CONCURRENT LOAN STANDARD CONDITIONAL AGREEMENT

0.0

     ADJUSTED (RUS USE ONLY)

     TOTALS

0.0

0.0

0.0

0.0

0.0

0.0

     ADJUSTED (RUS USE ONLY)

BREAKDOWN OF AMOUNT UNDER STOP ORDER OR CONDITIONAL AGREEMENT AS SHOWN ABOVE

TOTAL AMOUNT OF NOTES EXECUTED

   A.   DISTRIBUTION

0.0

   D.   HEADQUARTERS

0.0

  A.   RUS

0.0

   B.   TRANSMISSION

0.0

   E.   ACQUISITIONS

0.0

  B.   FFB

0.0

   C.   GENERATION

0.0

   F.   OTHER

0.0

  C.   OTHER

0.0

STATUS OF THE

0.0

LOAN UNDER WHICH THIS ADVANCE IS REQUESTED

(RUS LOAN DESIGNATION)

ITEM

RUS

FFB

OTHER

TOTAL

  AMOUNT OF LOAN

0.0

0.0

0.0

0.0

  AMOUNT UNDER CONCURRENT LOAN CONTROL

0.0

  ADVANCED TO DATE

0.0

0.0

0.0

0.0

CERTIFICATION

          Balance in “Cash-Construction Fund-Trustee” account (total of column 6) at the close of the period covered by this report is

0.0

          Subject to approval of RUS, the corporation requests that total of column 7 be advanced under the loan contract.  All references herein to “Loan Contract” shall include,

          in addition to the RUS loan contract, any Federal Financing Bank – RUS loan commitment agreement with related commitment notice and correspondence concerning

          loan terms and conditions.  I certify that this amount is required for the purposes designated in accordance with provisions of said loan contract and that proceeds will

          be deposited in the “Cash-Construction Fund-Trustee” account of the

0.0

          bank which is a member of the FDIC and will be disbursed only as herein specified in accordance with the provisions of said contract. I further certify that I have checked

          the cash balance shown on this statement in column 6 with the books and records of the corporation and said balances are true and correct and expenditures reported

          in Column 5 were used for the purposes and in the amounts authorized by the loan contract and previously approved Financial Requirement and Expenditure Statement.

          With respect to concurrent loan funds included in this requisition, if any, the total amount of funds advanced to date under this designated concurrent loan is as

          shown above and this request is now made to

0.0

in accordance with the established procedures for

Name of Lender

          requisitioning and advancing funds under concurrent loans.  All loan contract conditions concerning advance of funds under concurrent loans have been met.

0.0

NAME AND ADDRESS OF BORROWER

0.0

SIGNATURE

TITLE - AUTHORIZED CORPORATE OFFICER OR MANAGER

RUS USE ONLY

  THE ADJUSTMENTS WHICH MADE THE CHANGES SHOWN AS THE ADJUSTED AMOUNTS ABOVE ARE LISTED ON

  THE ENCLOSED PHOTOCOPY OF RUS FORM 605 AND REFERRED TO AS REGISTER NO. 

  THESE CHANGES SHOULD BE RECORDED ON YOUR RECORDS.

  THERE HAVE BEEN NO BUDGET ADJUSTMENTS SINCE YOUR LAST STATEMENT WAS PROCESSED.

  THE AMOUNT REQUESTED (COLUMN 7) HAS BEEN REDUCED FOR THE FOLLOWING REASONS:

RUS FORMS 595   REV. 2-81    Computer Generated Facsimile

SHEET 4

RETAIN THIS COPY FOR YOUR FILES

UNITED STATES DEPARTMENT OF AGRICULTURE

RURAL UTILITIES SERVICE

ELECTRIC PROGRAM

FINANCIAL REQUIREMENT AND EXPENDITURE STATEMENT, FORM 595

NOTE: This form has been revised so that it may be used for requisitioning funds from,

and reporting expenditures of, loans guaranteed by RUS as well as RUS and concurrent

supplemental loans.

NOTE:  "Cell Protection" has been provided in areas where no data entry is required.

NOTE:  A Print Macro button has been provided at top right of Sheet 1, to print all four Sheets.

a)  Requests for the advance of loan funds, and reports of the expenditure of loan funds advanced,

     should be made on this Statement in accordance with the instruction below and on the reverse

     side of Sheet 4.  RUS Bulletin 26-1, "Budgetary Control and Advance of Loan Funds," describes

     in detail the procedure for the advance of loan funds.

b)  Whenever practical to do so, the amounts of the individual purposes entered in Column (7),

      Advance Now Requested, should be rounded so that the total of Column (7) adds to a sum

      of rounded thousands.

c)   Sheets 1, 2, and 3 should be submitted to RUS as indicated.  Sheet 4 should be retained as

       your file copy.

d)  Sheet 2 of the Financial Requirement and Expenditure Statement sent to RUS will be returned

      to the borrower showing the advances which have been approved and any adjustments made

      by RUS.

e)  Sheet 1 of the Financial Requirement and Expenditure Statement sent to RUS must bear the

      original signature, written in ink, of the corporate officer or manager authorized to sign by

      resolution of the Board of Directors.  Erasures or corrections appearing on any of the copies

      to be submitted to RUS should be initialed by the person authorized to sign.

f)  Requests to RUS for revision of budgeted amounts with accompanying explanations and 

     documents should, whenever possible, be submitted in advance of the Financial Requirement

     and Expenditure Statement.  Such requests may, however, be included in the transmittal letter

     or explained by a separate sheet attached to the Statement.

g)  For Federal Financing Bank (FFB) loans guaranteed by RUS, attach completed  "Advance

     Request" sheets from RUS Bulletin 1710B-1, Guide to Federal Financing Bank Loans

     Guaranteed by RUS", or a completed "Annex A to Future Advance Promissory Note"

     attached to the Note Purchase Commitment and Servicing Agreement included with the

     loan documents.

SUMMARY OF INSTRUCTIONS

(See RUS Bulletin 26-1 for detailed procedure)

EXPLANATION OF COLUMNS 1 THROUGH 7

1.  PRIMARY BUDGET PURPOSES:  Item Numbers 1 through 6 are the primary purposes established

     in the Loan Budget, RUS Form 740c, for which loan funds may be used.

2.  CONSOLIDATED LOAN BUDGET:  This column shows the amount of loan funds established in the

     consolidated budget, including subsequent adjustments, for each respective budget purpose.

     Borrowers may request transfer of funds from one budget purpose to another, accompanied by

     justification for such transfer.  RUS will evaluate requests and if approved will insert the adjusted

     budget purpose amounts on the lines marked "Adjusted."

3.  AMOUNTS APPROVED FOR ADVANCE:  Borrowers will insert in this column after each budget

     purpose the sum of the amount appearing on the previous Financial Requirement and Expenditure

     Statement returned to the borrower plus any amounts approved by RUS since the return of the

     previous statement and prior to the preparation of a new Financial Requirement and Expenditure

     Statement. RUS will consider a supplemental lender's funds approved for advance as soon as the

     contractual obligations of the loans have been met.

4.  TOTAL ADVANCE:  These amounts should be the sum of column 4 and column 7 of the previous

      Financial Requirement and Expenditure Statement returned to the borrower.

5.  TOTAL EXPENDITURES TO DATE:  This amount will be inserted by the borrower for each budget

      purpose from the records it maintains for expenditures, refunds, etc.

6.  CASH BALANCE:  This amount will be inserted by the borrower for each budget purpose from its

      Cash Record on the date of this Statement.  The total of the column must agree with the balance in

      the "Cash-Construction Fund-Trustee" Account 131.2.  The Cash Balance should also equal the

      difference between column 4 "Total Advance" and column 5 "Total Expenditures to Date".

7.  ADVANCE NOW REQUESTED:  These amounts should be inserted by the borrower opposite the

     appropriate budget purpose.  Should the sum of column 7 (Advance Now Requested) and column 4

     (Total Advance) for any budget purpose exceed the amount in column 2 (Consolidated Loan Budget),

     the Financial Requirement and Expenditure Statement shall be accompanied by a request for transfer

     of funds from some other budget purpose.  The request shall contain (1) substantiating evidence

     that the funds to be transferred will not be needed for the purpose for which the funds were originally

     established and (2) the reason for insufficient funds in the purpose to which transfer is requested.

     Budget transfer requests should also include a board resolution requesting RUS approval.

BREAKDOWN OF AMOUNT UNDER STOP ORDER OR CONDITIONAL AGREEMENT

    AS SHOWN ABOVE

     Under the above heading show any amounts which are under stop order or conditional agreement,

     exclusive of the standard conditional agreement relating to the advance of funds under concurrent

     loans, for Primary Budget Purposes 1 through 5.

TOTAL AMOUNT OF NOTES EXECUTED  Show by designated lender or OTHER supplemental

     lender, the total of notes executed by the board of directors and the lender.

STATUS OF DESIGNATED LOAN UNDER WHICH THIS ADVANCE IS REQUESTED  Show in the

     heading, the RUS designation of the loan under which this advance is to be made.  For the lender(s)

     included under the specified loan designation, show the following data:

     show under OTHER the amount of the loan excluding any capital term certificate purchases.

     concurrent loan standard conditional agreement, usually 50% of RUS loan.

      lender(s) involved.