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200907191
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Last modified
9/1/2009 3:29:36 PM
Creation date
9/1/2009 3:27:46 PM
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DEEDS
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200907191
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o~+~ ~ <br /> m <br /> ~~~ ~- z n i ~, °~ © ~ <br /> <br />~~ ~~,~ ~ ~ _ ~_ ca <br />a <br /> <br /> ~ ~ ~ <br />-~. ~ ~ ~o a O ~ ~ c <br /> o ~' e;~ r-~-^-- ~ <br /> <br />-..~ n <br />~ rv c~ <br />~ r-•- z <br />v <br /> <br /> ADDEND UM TO LAND USE RESTRICTION AGREEMENT FOR <br /> LOW INCOME HOUSING TAX CREDITS ~ ~ . ~ <br />This Addendum to Land Use Restr~ lion A Bement for Low-Income Housing Tax <br />Credits ("Addendum") is entered into this ~ay of , 2009 between the NEBRASKA <br />INVESTMENT FINANCE AUTHORITY (the "Author' '), a body politic and corporate, not a <br />state agency but an independent instrumentality exercising essential public functions under the <br />constitution and laws of the State of Nebraska and GI VENTURE, L.P., a Nebraska limited <br />partnership (the "Owner"), and is incorporated into and shall be deemed to amend and <br />supplement the Land Use Restriction Agreement for Law Income Housing Tax Credits becween <br />the Authority and the Owner, filed with respect to the property described hereto and recorded on <br />December 27, 2005, in Instrument Na. 0200512606 in the official records of Hall County, <br />Nebraska. (the "Agreement") <br />WHEREAS, the Authority allocated to the Owner certain federal low-income housing tax <br />credits with respect to the rental housing development located and described on Exhibit A <br />attached hereto (the "Project"); and <br />WHEREAS, the Owner and the Project are required by the Agreement to continuously <br />comply with Section 42 and other applicable sections of the Internal Revenue Code of 1.9$6, as <br />amended (the "Code"), and the Treasury Regulations promulgated thereunder (the <br />"Regulations"); and <br />NOW THEREFORE, in consideration of mutual promises and covenants set forth in the <br />Agreement and this Addendum, and of other valuable consideration, the Owner and .the <br />Authority agree as follows: <br />1. The Summary Page attached to the Agreement shall be removed in its entirety and <br />replaced with the attached Summary Page. <br />4833-1491-2772. I <br />
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