Section 3560.62 - Technical, legal, insurance, and other services(a)Legal services. Applicants must have written contracts for any legal services that are to be paid out of Agency loan funds.(b)Title clearance. Applicants must obtain title clearance in accordance with the provisions of 7 CFR part 1927 , subpart B applicable to title clearance, which would include title insurance or title opinion, unless the loan applicant is leasing the property or is an organization or an individual with special title or loan closing problems, in which case title clearance and related legal services will be obtained in accordance with procedures approved by the Agency.(c)Architectural services. Applicants must obtain a written contract for architectural services in accordance with the provisions of 7 CFR part 1924, subpart A.(d)Insurance. Applicants must have property and liability coverage at loan closing as well as flood insurance, if needed. Fidelity coverage must be in force as soon as there are assets within the organization and it must be obtained before any loan funds or interim financing funds are made available to the borrower. At a minimum, applicants must meet the property, liability, flood, and fidelity insurance requirements in § 3560.105 .(e)Surety bonding. Applicants must comply with the surety bonding provisions of 7 CFR part 1924 , subpart A.