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- 200040224 PARTIAL RELEASE FROM DECLARATION OF TRUST Whereas, the Hall County Housing Authority, herein called the "Public Housing Authority (PHA)" a public body corporate and politic, created and organized pursuant to the laws of the State of Nebraska and the U.S. Department of Housing and Urban Development (HUD) pursuant to the United States Housing Act of 1937 (42 U.S.C. 1437, et seq.) and the Department of Housing and Urban Development Act (5 U.S.C. 624) entered into a certain contract with the effective date of April 30, 1962, herein called the Annual Contributions Contract, Contract Number C-352. Whereas, to assure HUD of the performance by the PHA of the covenants contained in the Annual Contributions Contract, the PHA possessing and holding in trust for the benefit of HUD executed a Declaration of Trust dated February 15, 1989, recorded on February 15, 1989, Instrument No. 89-100765, with the Register of Deeds of Hall County, Nebraska, with the Register of Deeds of Hall County, Nebraska, with respect to the following described real property including all buildings and fixtures erected or to be erected thereon or appurtenant thereto: Lot One (1), Block Three (3), Elm Place Addition to the City of Grand Island, Hall County, Nebraska, and its complement described as follows: A triangular piece of ground in the Southwest corner of Lot Twelve (12), in the County Subdivision of the Southeast Quarter of the Southwest Quarter (SE1/4SW1/4) of Section Sixteen (16), in Township Eleven (11) North, Range Nine (9) West of the 6th P.M., described as follows: Commencing at the iron pin in the SW corner of said Lot 12, thence running North along the West side of said lot, 16.7 feet; thence South on a line parallel with the West line of Block 3, in Elm Place Addition, 19.2 feet to the South side of said Lot 12, thence West, 9.5 feet along said South line to the point of beginning, being a right angle with a base of 19.2 feet. c/k/a 1303 West Division Street Whereas, the PHA intends to enter into and perform contracts for the sale of dwelling units to members of tenant families, as authorized by the United States Housing Act of 1937. Now by execution of this Release by the duly authorized officer of HUD subscribed below to allow the transfer of the property described above to Laurie Crumrine, HUD does hereby release said property from the trust created by the Declaration of Trust referenced above. In the event that the Hall County Housing Authority does not convey the property described above to the purchaser identified as Laurie Crumrine, this Partial Release from Declaration of Trust shall be void and without effect, in which case the Declaration of Trust � identified herein will remain in full force and effect. „ U.S. DE�A�Ef�TT O HO 1N AND URBAN DEVELOPMENT ; i I ' (" B � i Dated: �� harlie . ill� �1 '� Di , ' bf'Publi Housing 10909 Mill Valley Road Omaha, Nebraska 68154