Code of Federal Regulations (Last Updated: October 10, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter XVIII - Rural Housing Service, Rural Business-Cooperative Service, Rural Utilities Service, and Farm Service Agency, Department of Agriculture |
SubChapter B - Loans and Grants Primarily for Real Estate Purposes |
Part 1822 - Rural Housing Loans and Grants |
Subpart G - Rural Housing Site Loan Policies, Procedures, and Authorizations |
§ 1822.269 - Security.
Latest version.
-
§ 1822.269 Security.
Each loan will be secured by a mortgage on the property purchased or improved with the loan, and a security interest in the funds held by the corporation in trust for the Government, in accordance with the provisions of the required Loan Resolution.