My WebLink
|
Help
|
About
|
Sign Out
Browse
201401200
LFImages
>
Deeds
>
Deeds By Year
>
2014
>
201401200
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/20/2017 10:24:51 AM
Creation date
3/3/2014 1:13:25 PM
Metadata
Fields
Template:
DEEDS
Inst Number
201401200
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
34
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).
Show annotations
View images
View plain text
��14�1��� <br /> 7 <br /> y. "Program ��ligations" means ��} all ap�licable statutes and any regulat�ons <br /> issued by th� Secretary pursuant thereto that apply to the Proj�ct, including all <br /> am�nd m�nt� to such statutes and reg u lati�ns, as they become effective, ex��pt that <br /> changes subject to notice and comm�nt rul�making shalf bec�me effect�ve �n�y up�n <br /> completian of th� rul�making process, and ��} a�l current requirements En HUD <br /> handbaoks and �u�des, C1�t�G�S, and m�rtgagee I�tters that apply to the Project, and all <br /> future u�dates, chang�s and amendments thereto, as they become �ffective, except <br /> that changes su��ect t� natic� and c�mment ru�emaking shall bec�me effe�t�ve on�y <br /> up�n c�mplefi�n of the rulemaking pr��ess, and pr�vid�d that such future updat�s, <br /> changes and amendments shal� b� app�i�able to the Proje�t only tn the extent that they <br /> int�rpret, clarify and impiement terms in this Agreement rath�r than add �r delete <br /> pr�vis�ons from such d�cument. Handb�o�s, guides, n�tices, and mortgagee I�tters ar� <br /> a�a�lable on H U D's officia� website: �http:llwww.hud.g��loff�Gesladmlhudclipslind�x.cfm <br /> or a success�r Io�ation to that s�t�}. <br /> z. "Property Jurisd�ction" is �ar�} th�jurisdictian�s} in which th� Land is lacated. <br /> aa."Public Bady B�rr�w�r" means a f�dera� �nstrumentality, a state ar poiitical <br /> subdivision ther�of, or an instrumental�ty of a state or a political subdivis��n thereof, that <br /> certifies that it is not rec�i�ing financial assistan�e from the United States exclusi�ely <br /> pursuant to the United Stat�s Housing Act of �937 �with the exceptEon of projects <br /> assisted or t� be ass�sted �ursuant to Section � of such Act} and that �s acGeptabie to <br /> HUC�. <br /> bb."Reas�nable �perating Ex�enses" m�ans expenses that arise from th� operatian, <br /> maintenance and rautine repair �f the Praject and that primari�y benefit the Project �as <br /> appos�d t� Borrower} or as atherwis� ��rmitted by Program �bfigations. <br /> cc. `�R�nts" means a�� rents �whether from resid�ntial or non-r�si��ntial s�a��}, <br /> re�enues, issues, profits �including carrying charges, maintenanc� fees, and other <br /> c�operati�e revenues, and fees re�ei�ed frvm �eas�ng spa�e on th� Martgaged <br /> Praperty}, oth�r �ncame �f the Land �r th� Impro�ements, gross rece�pts, recei�a�les, <br /> park�ng fees, laundry and �ending machine in��me and fees and charges far fo�d and <br /> other ser�ice� pro�ided at the Mort�aged Pro��rty, wheth�r n�w due, past due, or to <br /> bec�me due, Residual Rec��pts, and es�row accounts, however and whene�er funded <br /> and wher��er held. <br /> dd."Reserve for Replac�ment" is defin�d in Section ��. <br /> �e."Residual Receipts" is a term that a��lies to �er�ain funds h�ld by Non-Prafit, <br /> Pu�lic Body and Limited Di�idend Borr�wers wh�se Notes are insured or held by HUD <br /> pursuant t� Sectian 2��, 5�ction �2��d}�3} and �3� of th� NationaC Housing A�t, as <br /> Pre�ious editions are absalete; Regulatory Agreement HUD-92466M�Re�. Q411�} <br /> Replaces farm H�D-9�466�111fl2} <br />
The URL can be used to link to this page
Your browser does not support the video tag.