§ 765.203 - Protective advances.

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When necessary to protect the Agency's security interest, costs incurred for the following actions will be charged to the borrower's account:

Maintain abandoned security property;

Preserve inadequately maintained security;

Pay real estate taxes and assessments;

Pay property, hazard, or flood insurance;

Pay harvesting costs;

Maintain Agency security instruments;

Pay ground rents;

Pay expenses for emergency measures to protect the Agency's collateral; and

Protect the Agency from actions by third parties.