Laserfiche WebLink
Cni <br />., <br />rn <br />`j <br />s <br />{' <br />n <br />Z <br />. e <br />c <br />_< <br />0 <br />CA <br />=T. 5 <br />o <br />_ r-t <br />7C <br />m <br />m <br />=D <br />r <br />r A <br />o <br />Cnn <br />Cn <br />03 <br />,r <br />N <br />= <br />CC) <br />rnN <br />(n <br />M <br />O <br />0 <br />200410896 <br />Release from Regulatory <br />Agreement for Limited Distribution <br />Mortgage Projects <br />WHEREAS, the Secretary of Housing and Urban Development, by and through <br />the Federal Housing Commissioner (the Secretary), and Harold F. Hoppe, Jr. <br />entered into a certain Regulatory Agreement for Limited Dividend Mortgagor <br />Projects Under Section 221(d)(3) of the National Housing Act, as amended, 12 <br />U.S.C. 17151(d)(3), (the Regulatory Agreement) dated as of September 1992, <br />recorded on March 30, 1993 as Instrument No. 93- 102356 in the Office of the <br />Register of Deeds, Hall County, Nebraska; <br />WHEREAS, the Regulatory Agreement referenced above was executed by the <br />Secretary and Harold F. Hoppe, Jr., and subsequently recorded, to comply with <br />the requirements of Section 221(d)(3) of the National Housing Act, as amended, <br />with respect to real property described as: <br />Lots One (1) through Ten (10), Block Eighty 80 and Lots One (1) through <br />Ten (10), Block Ninety -three (93), in Wheeler and Bennett's Fourth <br />Addition to the City of Grand Island, Hall County, Nebraska. <br />WHEREAS, the Regulatory Agreement was related to a certain loan secured by a <br />Mortgage insured by the Secretary pursuant to Section 221(d)(3) of the National <br />Housing Act, as amended, dated February 1, 1968, recorded February 8, 1968 in <br />Book 154 Page 316, in the Office of the Register of Deeds of Hall County, <br />Nebraska between State Street Bank and Trust Company, Mortgagee, and Harold <br />F. Hoppe, Jr., Mortgagor, which Mortgage encumbered the real property <br />referenced above; <br />WHEREAS, the Secretary has authorized payment in full of the debt secured by <br />the Mortgage referenced above which payment will result in the execution and <br />recording of a Release of Mortgage; <br />WHEREAS, the term of the Regulatory Agreement is dependent upon the <br />existence of the Mortgage referenced above; <br />I <br />