7 CFR § 1721.107 - Agreement.

---
identifier: "/us/cfr/t7/s1721.107"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1721.107 - Agreement."
title_number: 7
title_name: "Agriculture"
section_number: "1721.107"
section_name: "Agreement."
chapter_name: "RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "1721"
part_name: "POST-LOAN POLICIES AND PROCEDURES FOR INSURED ELECTRIC LOANS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 901  1921  and 6941"
regulatory_source: "50 FR 5368, Feb. 8, 1985, unless otherwise noted. Redesignated at 64 FR 72489, Dec. 28, 1999."
cfr_part: "1721"
---


# 1721.107 Agreement.

After approval of the Borrower's request for a deferment of principal and interest, an extension agreement, containing the terms of the extension, together with associated materials, will be prepared and forwarded to the Borrower by RUS. The extension agreement will then be executed and returned to RUS by the Borrower.