{"data":{"id":"us/7-cfr-1951.154","jurisdiction":"us","citation":"7 CFR 1951.154","heading":"Satisfaction and release of documents.","body":"(a) Authorization. RD is authorized to execute the necessary releases and satisfactions and return security instruments and related documents to borrowers. Satisfaction and release of security documents takes place:\n(1) Upon receipt of payment in full of all amounts owed to the Government including any amounts owed to the loan insurance account, subsidy recapture amounts, all loan advances and/or other charges to the borrower's account;\n(2) Upon verification that the amount of payment received is sufficient to pay the full amount owed by the borrower; or\n(3) When a compromise or adjustment offer has been accepted and approved by the appropriate Government official in full settlement of the account and all required funds have been paid.\n(b) [Reserved]\n(c) Lost note. If the original note is lost RD will give the borrower an affidavit of lost note so that the release or satisfaction may be processed.","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER XVIII—RURAL HOUSING SERVICE, RURAL BUSINESS-COOPERATIVE SERVICE, AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE","SUBCHAPTER H—PROGRAM REGULATIONS","PART 1951—SERVICING AND COLLECTIONS","Subpart D—Final Payment on Loans"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"5fa8b8698505ff2469baa2e3dd66e6c7ad83f7463e2e904dc0d47462571411da","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-1951.153","next":"us/7-cfr-1951.155"},"notice":"GroundRules: Original legal text. Not legal advice."}