▁term ination ▁of ▁a ▁stay ▁of ▁proceed ings ▁ ▁a ▁far mer ▁shall ▁not ▁make ▁a ▁new ▁application ▁under ▁the ▁Act ▁during ▁the ▁two ▁years ▁following ▁the ▁previous ▁one ▁ ▁En for cement ▁Before ▁enfor cing ▁any ▁rem edy ▁against ▁a ▁far mer ' s ▁property , ▁or ▁comm encing ▁any ▁proceed ings ▁" for ▁the ▁recovery ▁of ▁a ▁deb t , ▁the ▁real ization ▁of ▁any ▁security ▁or ▁the ▁taking ▁of ▁any ▁property ▁of ▁a ▁far mer ," ▁a ▁secured ▁cred itor ▁must ▁give ▁written ▁notice ▁of ▁intention ▁to ▁do ▁so , ▁together ▁with ▁advis ing ▁the ▁far mer ▁of ▁his ▁right ▁to ▁apply ▁for ▁a ▁stay ▁of ▁proceed ings , ▁and ▁copies ▁must ▁be ▁given ▁to ▁the ▁far mer ▁and ▁administrator ▁at ▁least ▁ 1 5 ▁business ▁days ▁before ▁doing ▁so . ▁The ▁holder ▁of ▁a ▁guarantee ▁is ▁not ▁considered ▁a ▁secured ▁cred itor ▁nor ▁obliged ▁to ▁give ▁a ▁F D MA ▁notice , ▁unless ▁that ▁gu ar ant or ▁is ▁a ▁far mer ▁and ▁has ▁provided ▁coll ater al ▁security ▁in ▁support ▁of ▁the ▁guarantee . ▁ ▁En for cement ▁involves ▁a ▁complex ▁inter play ▁between ▁the ▁F D MA ▁and ▁other ▁relevant ▁stat utes . ▁In ▁Man it oba , ▁the ▁process ▁is ▁character ized ▁thus : ▁ ▁Initial ▁not ices ▁of ▁intention ▁to ▁realize ▁on ▁security ▁must ▁be ▁given ▁under ▁the ▁Bank rupt cy ▁and ▁In sol ven cy ▁Act , ▁F D MA ▁and ▁the ▁Personal ▁Property ▁Security ▁Act ▁There ▁is ▁debate ▁as ▁to ▁whether ▁these ▁not