[Code of Federal Regulations]
[Title 7, Volume 14]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1965.3]

[Page 321]
 
                          TITLE 7--AGRICULTURE
 
   CHAPTER XVIII--RURAL HOUSING SERVICE, RURAL BUSINESS--COOPERATIVE 
SERVICE, RURAL UTILITIES SERVICE, AND FARM SERVICE AGENCY, DEPARTMENT OF 
                         AGRICULTURE (CONTINUED)
 
PART 1965--REAL PROPERTY--Table of Contents
 
  Subpart A--Servicing of Real Estate Security for Farm Loan Programs 
                    Loans and Certain Note-Only Cases
 
Sec.  1965.3  Borrower's responsibilities.

    Each borrower is responsible for repaying principal and interest on 
a timely basis pursuant to the loan documents, paying real estate taxes 
in accordance with subpart A of part 1925 of this chapter, providing 
adequate property insurance in accordance with subpart A of part 1806 of 
this chapter (FmHA or its successor agency under Public Law 103-354 
Instruction 426.1), maintaining, protecting, and accounting to the FmHA 
or its successor agency under Public Law 103-354 for all real estate 
security, and complying with other loan requirements.

[51 FR 4140, Feb. 3, 1986, as amended at 57 FR 36592, Aug. 14, 1992]