There's nothing you can put in your lease that will defeat the lender's rights, unless the lender consents to it, and there is no instance in recorded history of them doing that. What it boils down to, if your lease is junior (that is, recorded later than) the mortgage being foreclosed, and it always is, lease is "subject to" the mortgage, and when mortgage gets foreclosed, you end up walkin' down the road, talkin' to yourself.
Notice I said "recorded" later than the mortgage- in my experience, very few leases get recorded at all, so then you're out, no matter what the seniority of the lease is. Handshakes between neighbors may be a good as gold, but between you and the bank, they're not worth the paper they aren't printed on.
But all that being said, usually you can cut a deal with the bank- you agree not to contest the foreclosure, and if you can just harvest your crop, you'll bale up the straw (or chop the stubble or disc the ground, or whatever would make it look nice and easier to sell), etc. Banks are used to paying a zillion an hour for attorneys, and if you agree not to contest anything, they should be pretty easy to deal with.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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