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" .. 200800668 assumed by the Seller pursuant to an Assumption Agreement executed on June 30, 2000 and recorded at Instrument Number 200006300 in the aforesaid records. WHEREAS, the Note, Mortgage, and Security Agreement were assigned by the Original Lender to the Lender pursuant to the Assignment dated July 31, 2006, executed by the Original Lender as assignor and recorded at Instrument Number 200610411 in the aforesaid records on November 1, 2006 and pursuant to the Assignment dated July 31, 2006 executed by the Original Lender as assignor and recorded at Instrument Number 200706780 in the aforesaid records on August 8, 2007. NOW, THEREFORE, in consideration of the sale of the Property from Seller to Purchaser and for other good and valuable consideration, the receipt, adequacy and sufficiency of which are hereby acknowledged, and in order to comply with the requirements of the Secretary, the NHA, and the regulations adopted pursuant thereto, Purchaser agrees to assume, except as limited below, and to be bound by the Mortgage, Note, Security Agreement, the Regulatory Agreement and the Use Agreement (together, the" Assumption Documents") as follows: 1. Purchaser does not assume personal liability for payments due under any of the Assumption Documents or for the payments to the reserve for replacements pursuant to the Regulatory Agreement or tor matters not under its control, provided that the Purchaser shall remain liable under said Regulatory Agreement only with respect to the matters hereinafter stated, namely: (a) For funds or property of the Property coming into its hands which, by the provisions thereof, it is not entitled to retain; and (b) For its own acts and deeds, or acts and deeds of others which has authorized in violation of the provisions thereof. Purchaser shall be bound by said Assumption Documents subject to the foregoing limitations of personal liability from and after the effective date of this Agreement to the same extent as if it had been an original party to said instruments and accepts and agrees to perfonn all of the obligations of Seller under and pursuant to the Mortgage, including but not limited to, (i) permitting inspections of the Property, (ii) providing tax identification numbers, (iii) keeping the Property in good repair, (iv) neither allowing nor committing any waste or nuisance thereon, 2