42 U.S.C. § 2307 : US Code - Section 2307: Form and contents of contracts, mortgages, and other instruments

Search 42 U.S.C. § 2307 : US Code - Section 2307: Form and contents of contracts, mortgages, and other instruments

Contracts entered into pursuant to this chapter and other
instruments executed pursuant to this chapter shall be in such form
and contain such provisions, consistent with this chapter, as the
Commission shall prescribe; and shall be as simple and concise as
possible. Any mortgage shall contain terms which will place the
United States in the same position, with respect to any mortgages
it may hold under the provisions of subchapter V of this chapter,
as that occupied by a private lender under the applicable State
laws for the relief of mortgagors with respect to deficiency
judgments.