Laserfiche WebLink
CASH <br />CHECK {-I/' p° <br />Z9i7909Z0Z <br />n R-STA-Cf <br />er- <br />• <br />oe <br />z <br />A <br />1P� o 22?n 04yttb2 <br />REFUNDS: <br />CASH <br />CHECK`.____._.._ <br />RE DEO <br />HALL NTY NE <br />lfllb q. 25 <br />tiE°.alvl—irO, DEEDS <br />SECOND ADDENDUM TO LAND USE RESTRICTION AGREEMENT FOR <br />LOW INCOME HOUSING TAX CREDITS <br />This Second Addendum to Land Use Restriction Agreement for Low -Income Housing Tax <br />Credits ("Second Addendum") is entered into this 24th day of September, 2026, between the <br />NEBRASKA INVESTMENT FINANCE AUTHORITY (the "Authority"), a body politic and corporate, <br />not a state agency but an independent instrumentality exercising essential public functions under <br />the constitution and laws of the State of Nebraska and State Street Villas, LLC, a Nebraska <br />Limited Liability Company (the "Owner"), and is incorporated into and shall be deemed to amend <br />and supplement the Land Use Restriction Agreement for Low Income Housing Tax Credits <br />between the Authority and the Owner, recorded on July 30, 2024 in Instrument No. 202403568 <br />subsequently amended by that certain Addendum to Land Use Restriction Agreement for Low <br />Income Housing Tax Credits recorded September 10, 2024 in Instrument No. 202404379, each <br />filed with respect to the property described hereto in the official records of Hall County, Nebraska <br />(collectively, the "Agreement"). <br />WHEREAS, the Authority allocated to the Owner certain federal and state low-income <br />housing tax credits with respect to the rental housing development located and described on <br />Exhibit A 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 1986, 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 Second 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 <br />and replaced with the attached Summary Page. <br />4934-0140-8868.2 <br />