WAIVER OF MEDIATION RIGHTS BY FARM CREDIT SYSTEM BORROWERS.

SEC. 511. WAIVER OF MEDIATION RIGHTS BY FARM CREDIT SYSTEM BORROWERS. Part C of Title IV (12 U.S.C. 2151 et seq.) is amended by inserting after the section added by section 107 the following new section: “SEC. 4.14E. WAIVER OF MEDIATION RIGHTS BY BORROWERS. “No System institution may make a loan secured by a mortgage or lien on agricultural property to a borrower on the condition that the borrower waive any right under the agricultural loan mediation program of any State.”.