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201606436
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Last modified
7/24/2017 3:45:33 PM
Creation date
9/29/2016 9:21:55 AM
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DEEDS
Inst Number
201606436
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2� 1 ���43� <br /> may be apprapriate, as t�e injury t� HLJI] arising from a default unc�er any <br /> of the terms of this Agreement would be irreparable and the am�unt af <br /> damage w�uld be dif�icult to ascertain; and, <br /> (vi� �ollect reasanab�e atto�ney fees re�at�d to enforcing B�rrower's <br /> ��mpliance with t�iis Agreement. <br /> �d} Any forb�arance by HUI7 in exercisir�g any right ar remedy under th�s Agreement <br /> �r�therwise afforded by app�icab�e �aw�ha��not�e a waiver of or preclud� the exercise of any <br /> right or remedy. <br /> �e} [Intentional�y �mitted� <br /> 37. MEASURE �F DAMA�ES. The damage to HUD as a resu�t af Borrower's <br /> breach of duties and ob�igations under this Agreem�nt sha11 be, in the case �f failure to mainta�n, <br /> or cause t� be maintain�d, the Proj e�t as required by this Agreem�nt, the c�st�f th�repairs <br /> required to return th� Pr�j ect t� decent, safe and sanitary c�ndition and goad repair. This <br /> c�ntractual provision shall n�t abrogate �r lirnit a.ny oth�r remedy or measure of damages <br /> available to HLTD under any civi�, crim�nal or common law. <br /> 38, N�NRE��URSE DEBT. The fo�lowing individuals �r entities identified in the <br /> Firm �ommitment: Richard Westin, �& W Haldin s Limited Partershi�?, a�]V' �min�imited <br /> liabilit. company, and Barr�wer, as ident�f�ed in the Firm. �omm�tment do�not assume <br /> persona� liabilit� f�r paym�nts du�under the Note and the Borrower's Security Instrument, �r <br /> far the payments t� the Reserve far Replacement, or for matters not under�s their contro�, <br /> pr�vided that each sa�d individua� or entity sha��remain pers�nally liable under this Agr�ement <br /> on�y with respect to the matters hereinafter stated; namely: �a� for funds �r property of the <br /> Pr�j ect coming �nt� its hands Whi�h, by the provis�ons of this Agreement, it is not�ntitled to <br /> retain; �b} for authorizing the canv�yance, assignment, transfer, pledge, encumbrance, or other <br /> dispositi�n of the Mortgaged Property or any interest there�n in violat�on af this Agreement <br /> without the pr�or written approva� of HUI]; and �c} far its own acts and deeds, or acts and deeds <br /> af athers, which it has author�zed in violation of the pro��sions of th�s Secti�n. The ob�igati�ns of <br /> the ind�vidua�s or ent�ties Iisted in this Section sha�� survive any fore��osure proceeding, any <br /> forec��sure saie, any delivery of any deed in Iieu of forec�osure, any term�nation of this <br /> Agreem�nt, and any re�ease �f record af the Borrower's Security Instrument. <br /> [ACI�N�WLEDGEMENT �F THIS SE�TI�N 38 �N F�LL�WIN�PAGES] <br /> Previous�ersE�ns obsolete Page 2�ot 36 �orm HUD-924fis-�R�F �D612D'14} <br />
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