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200605642
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6/23/2006 4:13:08 PM
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6/23/2006 4:13:07 PM
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200605642
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<br />, <br />. <br /> <br />200605642 <br /> <br />Holiday Garden Townhouses I <br />Grand Island, Nebraska <br />FHA No. 103-35148 <br /> <br />RIDER TO MORTGAGE <br /> <br />A. Notwithstanding any other provisions contained herein or in the Mortgage Note (the <br />"Note"), it is agreed that the execution of the Note shall impose no personal liability upon the Mortgagor <br />for the payment of the indebtedness evidenced by the Note and secured by this Mortgage, and the holder <br />of the Note shall look solely to the property subject to this Mortgage and to the rents, issues and profits <br />thereof in satisfaction of the indebtedness evidenced by the Note and secured by this Mortgage and will <br />not seek or obtain any deficiency or personal judgment against the Mortgagor except such judgment or <br />decree as may be necessary to foreclose or bar its interest in the property subject to this Mortgage and all <br />other property mortgaged, pledged, conveyed or assigned to secure payment of the Note; provided, <br />however, that nothing in this condition and no action taken under this provision shall operate to impair <br />any obligation of the Mortgagor under the Regulatory Agreement herein referred to and made a part <br />hereof. <br /> <br />B. Notwithstanding Paragraph 16 of this Mortgage, the holder of the Note consents to the <br />lien of second mortgage in favor of the Office of Affordable Housing PreservationIHUD. <br /> <br />IN WITNESS WHEREOF, the party of the first part has set its hand and seal as of June 'Z. 3, <br /> <br />2006. <br /> <br /> <br />HOLIDAY GARDEN TOWNHOUSES, <br />A LIMITED PARTNERSHIP, <br />a Nebraska limited partnership <br /> <br />_<<i~ W'~ <br /> <br />William W. Marshall, III <br />General Partner <br /> <br />By: <br /> <br />STATE OF NEBRASKA ) <br /> <br />COUNTY OF N ~ ~ <br />R .2Jifnl <br />I, a Notary Public of th~~ounty and State aforesaid, certify that William W. Marshall, III <br />personally came before me this ~ day of June, 2006, and acknowledged that he is the General Partner <br />of Holiday Garden Townhouses, A Limited Partnership, a Nebraska limited partnership, and on behalf of <br />said limited partnership did acknowledge the foregoing instrument to be the voluntary act and deed of <br />said Holiday Garden Townhouses, A Limited Partnership. Witness my hand and notarial seal the day and <br />year first above written. <br /> <br />ss: <br /> <br />[SEAL] <br /> <br />~4'k <br /> <br />Notary Public <br /> <br />.~. GENEFlAL NOIARY - State of Nebraska <br />""j!i:l WI~L1AM A. FRANCIS <br />"~J't';:t.C'" My Comm. Exp. Dec. 31, 2007 <br /> <br />My Commission Expires: /,;2..3J ~/~ '7 <br />. <br />
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