# 7 CFR § 1962.8: Liens on real estate for additional security

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.8

## Section

- **Citation:** 7 CFR § 1962.8
- **Heading:** Liens on real estate for additional security
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 7—Agriculture > Subtitle B—Regulations of the Department of Agriculture > CHAPTER XVIII—RURAL HOUSING SERVICE, RURAL BUSINESS-COOPERATIVE SERVICE, AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE > SUBCHAPTER H—PROGRAM REGULATIONS > PART 1962—PERSONAL PROPERTY > Subpart A—Servicing and Liquidation of Chattel Security

## Text

The County Supervisor may take the best lien obtainable on any real estate owned by the borrower, including any real estate which already serves as security for another loan. Additional liens will be taken only when the borrower is delinquent, the existing security is not adequate to protect Rural Development interests, and the borrower has substantial equity in the real estate to be mortgaged, and taking such mortgage will not prevent making a Rural Development real estate loan, if needed, later.
(a)-(b) [Reserved]
[50 FR 45783, Nov. 1, 1985, as amended at 53 FR 35783, Sept. 14, 1988; 56 FR 15824, Apr. 18, 1991; 61 FR 35930, July 9, 1996]

## Nearby sections

- [7 CFR § 1962.1 § 1962.1 Purpose.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.1.md)
- [7 CFR § 1962.2 § 1962.2 Policy.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.2.md)
- [7 CFR § 1962.3 § 1962.3 Authorities and responsibilities.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.3.md)
- [7 CFR § 1962.4 § 1962.4 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.4.md)
- [7 CFR § 1962.6 § 1962.6 Liens and assignments on chattel property.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.6.md)
- [7 CFR § 1962.7 § 1962.7 Securing unpaid balances on unsecured loans.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.7.md)
- [7 CFR § 1962.8 § 1962.8 Liens on real estate for additional security.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.8.md)
- [7 CFR § 1962.13 § 1962.13 Notification to potential purchasers.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.13.md)
- [7 CFR § 1962.14 § 1962.14 Account and security information in UCC cases.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.14.md)
- [7 CFR § 1962.16 § 1962.16 Accounting by County Supervisor.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.16.md)
- [7 CFR § 1962.17 § 1962.17 Disposal of chattel security, use of proceeds and release of lien.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.17.md)
- [7 CFR § 1962.18 § 1962.18 Unapproved disposition of chattel security.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.18.md)
- [7 CFR § 1962.19 § 1962.19 Claims against Commodity Credit Corporation (CCC).](https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.19.md)
- [7 CFR § 1962.26 § 1962.26 Correcting errors in security instruments.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.26.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-7-1962.8. Check the current official text before relying on it. Not legal advice.