[Code of Federal Regulations]

[Title 7, Volume 14]

[Revised as of January 1, 2007]

From the U.S. Government Printing Office via GPO Access

[CITE: 7CFR1965.35]



[Page 315-316]

 

                          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.  1965.35  Exception authority.



    The Administrator or delegate may, in individual cases, make an 

exception to any requirement or provision of this subpart or address any 

omission of this subpart which is not inconsistent with the authorizing 

statute or other applicable law if the Administrator determines that the 

Government's interest would be adversely affected or the immediate 

health and/or safety of tenants or the community are endangered if



[[Page 316]]



there is no adverse effect on the Government's interest. The 

Administrator will exercise this authority upon the request of the State 

Director with recommendation of the appropriate program Assistant 

Administrator; or upon request initiated by the appropriate program 

Assistant Administrator. Requests for exceptions must be made in writing 

and supported with documentation to explain the adverse effect, propose 

alternative courses of action, and show how the adverse effect will be 

eliminated or minimized if the exception is granted.