Credit Evaluation School eBook

Line Deck Review Exercise

Abbreviations Used in Line Cards Or Loan Committee Memorandums: AL Acres of Land LS Livestock FS Financial Statement AR Accounts Receivable M&E Machinery & Equipment GTY Guaranty ARM Adjustable-Rate Mortgage M/M Mr. and Mrs. Int Interest Assign Assignment MI Monthly Interest INS Insurance AV Appraised Value Mo. Monthly Inv Inventory Brand Brand Filing Mtg Mortgage JM Joint Maker CD Certificate of Deposit P Prime Rate LC Letter of Credit CFD Contract for Deed P&L Profit & Loss Statement LOC Line of Credit CRP Crop Reduction Program PATL T/C Title Certificate

Pledged against totalliability (collateral listed is pledged

Deed of Trust (similar to Security Deed)

D/T

RE Real Estate

TI Title Insurance

End Endorser

Rec. Recorded date

UCC Uniform Commercial Code

F&F Furniture & Fixtures

S/S Shares of Stock

W/C Working Capital

Farmers Home Administration

F&G Feed & Grain

FmHA