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<br /> E" :.P <br /> 0- <br /> ~3 10 ~S <br /> m <br /> C! <br /> 1?\f\ n:r: <br /> ~~ i~ z ;iIIl\ <br /> c ~I <br /> en ~', ......:t <br />I\.) .. {:.:....J. <br /><Sl ~. ~ C,-:'~ (") (f) <br /><Sl - { Q. ""'l;J ~ C) -, <br />......., r- " =3 C:l> <br /><Sl .::\ , ;;l) E "- ;Z:-i <br /> U\ :::0 ....,fT1 <br />I\.) m .\-- ::::0 ~ar <br />w :t. <J <.J X-~ N -<0 <br />I\.) ('> o(~ 0"'" <br />Q) -" en I1Z ~I <br /> ~l. <br /> c; f :::r:: fTl <br /> m :n ):,.. C) <br /> m ::3 r ~'D <br /> 0 rl> <br /> (f) I--'- (f) <br /> <:=) ;::0::: <br /> l> <br /> U1 ---'-"- <br /> CD en cn~ <br /> en <br /> <br />After recordation, send to: <br />Veritas Title Partners, L.P. <br />2415 W. Alabama, #203 <br />Houston, Texas 77098 <br />Attn. Mr. Jim Vo <br /> <br />Holiday Garden Townhouses II <br />Grand Island, Hall County, Nebraska <br />FHA Project No. 103-35087 <br /> <br />',', <br />,\.') <br /> <br />\. c.' ,. <br />.~' <br />~' <br /> <br />RELEASE OF REGULATORY AGREEMENT <br /> <br />THIS RELEASE OF REGULATORY AGREEMENT (this "Release") is made, as of <br />March 20, 2007, by SECRETARY OF HOUSING AND URBAN DEVELOPMENT, <br />WASHINGTON, D.C. (the "Secretary"), for the benefit of Holiday Garden Townhouses II, A <br />Limited Partnership, a Nebraska limited partnership (the "Owner"). <br /> <br />RECITALS: <br /> <br />A. The Owner is the owner of all of that certain real property located in the City of Grand <br />Island, Hall County, Nebraska, as more particularly described in Exhihit A attached hereto and <br />made a part hereof (the "Real Property"), on which is constructed that certain rental apartment <br />project known as Holiday Garden Townhouses II, FHA Project No. 103-35087 (the "Project" and, <br />together with the Real Property, the "Property"). <br /> <br />B. The Property is encumbered by that certain first lien mortgage loan (the "Loan") made to <br />the Owner, or a predecessor in interest, by Don J. McMurray Co., a Nebraska corporation, or a <br />predecessor in interest (the "Mortgagee"), which Loan is evidenced and/or secured by that certain <br />Mortgage Note dated March 10, 1981 in the original principal amount of Six Hundred Eighty- <br />Seven Thousand Two Hundred and no/100 Dollars ($687,200.00) (as amended and/or assigned <br />through the date hereof, the "Note"), that certain Mortgage of even date therewith and recorded on <br />March 23, 1981 among the land records of the jurisdiction in which the Property is located (the <br /> <br />Release of Reg Agreement Rev 12 -15 - 04 <br />