7 CFR §765.202

1. (a)Comply with all provisions of the loan agreements;
   1. (1)Non-compliance with the provisions of loan agreements and documents, other than failure to meet scheduled loan repayment installments contained in the promissory note, constitutes non-monetary default on FLP loans by the borrower;
   2. (2)Borrower non-compliance will be considered by the Agency when making eligibility determinations for future requests for assistance and may adversely impact such requests;
2. (b)Maintain, protect, and account for all security;
3. (c)Pay the following, unless State law requires the Agency to pay:
   1. (1)Fees for executing, filing or recording financing statements, continuation statements or other security instruments; and
   2. (2)The cost of lien search reports;
4. (d)Pay taxes on property securing FLP loans when they become due;
5. (e)Maintain insurance coverage in an amount specified by the Agency;
6. (f)Protect the interests of the Agency when a third party brings suit or takes other action that could affect Agency security.