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(b) The Company servicer shall issue a billing for curiosity owing on the SAIL loan for that Applicant's immediately previous fiscal yr by 212 Calendar Times after the Applicant's fiscal calendar year end of yearly of the SAIL loan time period.
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Even so, an Applicant may perhaps reduce the desire rate on any remarkable or inferior mortgage loan loan without the Board's authorization, presented that no other conditions on the loan are modified. The Corporation should be notified in creating of any this sort of alter.
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