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200810446
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200810446
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Last modified
12/30/2008 8:34:23 AM
Creation date
12/29/2008 4:29:36 PM
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DEEDS
Inst Number
200810446
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<br />200810446 <br /> <br />Section 17. Counterparts. This Agreement may be signed in any number of <br />counterparts with the same effect as if the signatures thereto and hereto were upon the same <br />instrument. <br /> <br />Section 18. Subordination. Owner has borrowed funds from Lender, and such amounts <br />are secured by the Project. In order to ensure the viability of the Project's federal low-income <br />housing tax credits pursuant to Section 42 of the Code, Lender hereby agrees to subordinate its <br />rights prior to foreclosure to the provisions of this Agreement throughout the term of this <br />Agreement, as set forth in Section 5, and to the Vacancy Decontrol Rule following foreclosure. <br /> <br />13 <br />
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