; (B) a socially disadvantaged farmer or rancher (as defined in section 2501(a) of the Food, Agriculture, Conservation, and Trade Act of 1990 ( 7 U.S.C. 2279(a) )); (C) a beginning farmer or rancher (as defined in that section); and (D) a veteran farmer or rancher (as defined in that section). (5) Secretary The term Secretary means the Secretary of Agriculture. (b) Deferment of payments on direct farm loans The Secretary shall— (1) defer payments of principal and interest due on direct farm loans by eligible borrowers during the 2-year period beginning on the date of enactment of this Act; and (2) extend the date required for repayment of direct farm loans by eligible borrowers subject to deferment under paragraph (1) by not less than 2 years after the end of the period described in that paragraph. (c) Zero percent interest The Secretary shall modify each direct farm loan of an eligible borrower that is outstanding as of the date of enactment of this Act such that the interest rate on the farm loan is zero percent during the 2-year period beginning on that date of enactment. (d) Waiver of guaranteed farm loan fees for historically underserved farmers and ranchers The Secretary shall require lenders of guaranteed farm loans to historically underserved farmers or ranchers to waive borrower fees on those loans during the period— (1) beginning on the date of enactment of this Act