89100765 - Laserfiche WebLink

Browse

rt �i Y • U.S. flepatmant of Houalnp 3SN3 �eeiaration of Trust and urbanf9avettopteetnt� W {Giant Projects) Wm $9,,,,,, 100765 'II' Wbersa% The Housing_ Authority _of Hall County, Nebraska (htreitt calld slus'Pubiit: Hotuismg A r (PNAi ; a public body corpomu t4x! latim duly created surd organized paruant to and in accotdame with the provisions of the laws of the Stan of ebrat:kat andthe United States etAnmerica, Setaetsry of Housing sad Urban Development (herein called HUD) pursuant to the United States Harming Act of 1937 (42 U.&C.1437. at seq.) and the Departmena of Housing and Urbana Development Act (S U.S.C. 624) enured info a cartain eomact with effective dare a off * Aor $� l (1' _ 19 2 (herein calked the 'Annual Contributions Contract') prnvkWi for a Stant to be made by HUD* assist the FHA Io financing (a) Iowa income hrauaing proji ats). " Whereas. as of the due of the execution of this DeclarationalTsust the Annual Contn'bu"as Co.�maa.a pavers certain lower imam t�ouuurg i.-n ft State of - Nebmska _Cousttyof Hall Cif; of . -aanct Island which will provide approximately 40 dwcftg units; and wllaWN lower income 1.ousirg wild ibe known as j,Arrrjetsl�o. NE26P003006 1 project.:Nrz with approximately tFwtlliins usmuits, 1Prbjed.l!Ixr with'approzimatefy drveUing m„stis, and Prenjt afiv �.. +DP FUIY dwelIirmS tuuits): an8 W lures each Project and acquisition of the site or sites thereof will hive been financed with grant assistance provided by HUD. NawThkrvrore. to assure HUD of the performance by time PHA of" covenants contakied in theAnnud ContrfbutioniContract. the PHA does hereby aid0tvledge and declare that it is posseued of and holds its trust for the benefit of HUD. for the purposes heteinalwitatrA the following described ted property situated in the State of braska County - f_ HIM City of Grand Island . To Will See attached Exhibit A rind OIL b4diffo and O.ttumts erected or to be erected then= or appustenarms thereto. The 1}$$l4 hereby dtclues and admowhdits that during the e3Ustence of the trust hereby rusted HUD has been Started and is possessed of an interest Ln the above dwexibed Project property. To Wit: The right err require the PI IA to remain seiral of the title to said lrupery "to rtfrsin from uawrerring. conveying. auigning, leasing. mortgaging• pledging. or otherwise encumbering or permitting or suffering any transfer. conveyance. assignment. lease. mortgage. pledge orother encumbrance of saki property or any pan thereof. appurtenances thereto. of any rtnL revenues, irwrse, or receipts therefrom or in connection therewitk cr any of the benertz or contributions granted to it by or pursuant to the Annual Contributioru Contract, or any interest in any of the same except that the PHA may, (1), to thr extent and in the manner provided in the Annud Contributions Conan; (e) leases dwellings and odw spaces and fwWau in any Project, or (b) em.•nway Vr other - wise dispat, of any real: or tonal property which Is determined to be exom to c4 needs of any Project or (c) con vey or dedicate Iard feat ttso as st tats. alleys. ar rafter. psi l e•tigiitsof- -way, and grave easements for the aublid=w., r=at on, anti maintenance of public utilidcs; or (d) eniar into and pCr1orm Cants-' cis h-c sale oti dwcDinS units: to members of teotant fades, AS autlwr,': r4 by the U331WdSta1zs Housing Act of 2937, 4J US.C.1437, et seq., or 1 w2). with dwtt- Apyctivd.af HUD. release: arty Project front the L-.; l;g=T, -y create;. Provided.1!hat nothing herein contain" a4t D be construed as prohibiting +fie eonveyan4 rsSli& to or the delivery of poscess9 nl calom.y Pic, to HUD ptlzsuant to the Annual Cortn"WT;ans Contract. The cro!arsemcr f 1iy u duly authorized officer of t ;UD (11 any conveyance or transfer made by the PHA of any real or personal property whi :h is determined to be excess 'tc the needs of any PmjecL or (2) writ say Lutrurnent of conveyance or dedication of properry. arany interest therein, for use .s attics. alkyl. or other public fights-of-way. or for the esublixlirnrnt: operation and maintenance of public utilitim or (3) u> vn any instrument trait unit. g or conveying a dwelling unit. or an interest herein, to. t suember 4'a tenant family. or (4) upon any butnmrna of release MAU by the Pidtk: sat any Project sW be effective to release such property f am the mutt hereby ereued. Upon expiration of the period during which the PHA is obiigetcd to operate the Project(:) in acceidan Ne •with the Annual Contributivne, f.or "C vex: v oust herehy Created shall terminate and no longer be effective. In W lthness Wkfreof. the PHA by its officers thereunto duly cuthorized leas caused these presents to be signed i.n 41; name and its coipoiate seas rc be hsre=u�tq aitfX attested this 15th day of February 19 8 9 (Sesl --- 1 fig" Y 'i tom(- Il fi �.. THE HOUSING AUTHORITY OF HALL COUNTY, Attest;: . NEBRASKA r` • . Scaetrry 1By. . Ghanian Earl D. Ahlschtvede *Consolidated 6/2/88 into ACC No. C -352 (dated 4- 30 -62) form11U0.5270-A (12A: cal. handbook 74 17 r' a b