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FULL PACKET_2019-04-16
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FULL PACKET_2019-04-16
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4/12/2019 2:56:40 PM
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4/12/2019 2:52:32 PM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Date
4/16/2019
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24. Nonrecourse Liability. Neither Trustor nor any partner of Trustor nor any other <br />person or entity shall have any personal liability under the Agreement, Agency Promissory <br />Note, or this Deed of Trust, and any judgment, decree or order for payment of money <br />obtained in any action to enforce the obligation of Trustor to repay the loan evidenced by <br />such documents shall be enforceable against Trustor only to the extent of Trustor's interest <br />in the Property. <br />25. Beneficiary agrees to provide Trustor's Investor Limited Partner (as defined in the <br />Agreement) with notice of and an opportunity to cure any default hereunder. Any cure made or <br />tendered by the Limited Partner shall be deemed a cure by Trustor. <br />(Signatures on Following Page) <br />80A-167 <br />
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