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200607473
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200607473
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Last modified
8/22/2006 8:40:12 AM
Creation date
8/22/2006 8:40:10 AM
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DEEDS
Inst Number
200607473
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<br />200607473 <br /> <br />(a) Failure to complete the Rehabilitation. The Rehabilitation is not <br />completed in accordance with the Plans and Specifications on or before <br />the date that is 12 months after the date ofthe Note. <br /> <br />The Rehabilitation is not carried on with reasonable diligence or there is <br />a substantial suspension in the rehabilitation or equipping of the <br />Mortgaged Premises for a period in excess of twenty (20) consecutive <br />business days, unless caused by strike, insured casualty, Act of God or <br />other cause beyond the reasonable cause of Borrower, in which event <br />such suspension shall not exceed forty-five (45) days. <br /> <br />(b) Filing of other liens. A lien for the performance of work or the supply <br />of materials is filed against the Mortgage Premises and remains <br />unsatisfied or unbonded for a period often (10) days after the date of the <br />filing. <br /> <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants <br />contained in this Rehabilitation Loan Rider. <br /> <br />WK(~ <br />RICHARD K MACIEl WSKI, Borrower <br /> <br />do /J./I,,' II af {; ( I M1'Lv <br />LAURIE- A MACl JEWSKI, Borrower <br />
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