My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
NORTH BROADWAY HOUSING PARTNERS LP (3)
Clerk
>
Contracts / Agreements
>
N
>
NORTH BROADWAY HOUSING PARTNERS LP (3)
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
9/24/2024 3:36:56 PM
Creation date
4/18/2023 1:33:27 PM
Metadata
Fields
Template:
Contracts
Company Name
NORTH BROADWAY HOUSING PARTNERS LP
Contract #
A-2023-031-01
Agency
Community Development
Council Approval Date
3/7/2023
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
44
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
8.11. Trustee May File Proofs of Claim <br />In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, <br />adjustment, composition or other proceedings affecting the Grantor, its creditors or its property, <br />the Beneficiary, to the extent permitted by law, shall be entitled to file such proofs of claim and <br />other documents as are necessary in order to have the claims of the Beneficiary allowed in such <br />proceedings and for any additional amount which may become due and payable by the Trustor <br />hereunder after such date. <br />8.12. Limited Partner Cure Rights. <br />Notwithstanding anything to the contrary in this Deed of Trust, Beneficiary shall give the <br />Limited Partner of Trustor the following notice at the address provided in Section 9.3(b) and cure <br />rights: <br />(a) Beneficiary will give the Limited Partner a copy of any notice (at the Limited <br />Partner's address provided in the Loan Agreement or as otherwise provided by written notice <br />from Trustor to Beneficiary; <br />(b) Beneficiary will give the Limited Partner thirty (30) days after the Limited <br />Partner's receipt of such notice to cure a non-payment of any sum due under this Deed of Trust; <br />(c) Beneficiary will give the Limited Partner sixty (60) days after the Limited <br />Partner's receipt of such notice to cure any other default under this Deed of Trust; <br />(d) If a non -monetary default is incapable of being cured within sixty (60) days, <br />Beneficiary will give the Limited Partner such additional time as is reasonably necessary to cure <br />such default provided the Limited Partner has commenced to cure such default and is diligently <br />proceeding to cure such default through the end of such period; and <br />(e) If the Limited Partner makes any such payment or otherwise cures such default, <br />the Beneficiary will accept such action as curing such default as if such payment or cure were <br />made by Trustor. <br />Section 9. MISCELLANEOUS <br />9.1. Amendments. <br />This instrument cannot be waived, changed, discharged or terminated orally, but only by <br />an instrument in writing signed by Beneficiary and Trustor. <br />9.2. Reconveyance by Trustee. <br />Upon written request of Beneficiary stating that all sums secured hereby have been paid, <br />and upon surrender of this Deed of Trust to Trustee for cancellation and retention, and upon <br />payment by Trustor of Trustee's reasonable fees, Trustee shall reconvey, without warranty, the <br />Security to Trustor, or to the person or persons legally entitled thereto. <br />31 <br />WISEPIace Permanent supportive Housing <br />City HOME -ARP Deed ofTmst <br />
The URL can be used to link to this page
Your browser does not support the video tag.