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55A - AGMT LEGACY APARTMENTS
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55A - AGMT LEGACY APARTMENTS
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Last modified
12/10/2020 5:00:39 PM
Creation date
12/10/2020 4:55:21 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
55A
Date
12/15/2020
Destruction Year
2025
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21. Request for Notice. Trustor requests that copies of the notice of default and notice of <br />sale be sent to Trustee at the address set forth in Section 14 above. <br />24. Nomecourse Liability. Neither Trustor nor any partner of Trustor nor any other <br />person or entity shall have any personal liability under the Agreement, Inclusionary Promissory Note, <br />or this Deed of Trust, and any judgment, decree or order for payment of money obtained in any action <br />to enforce the obligation of Trustor to repay the loan evidenced by such documents shall be <br />enforceable against Trustor only to the extent of Trustor's interest in the Property. <br />25. Beneficiary agrees to provide Trustor's Investor Limited Partner (as defined in the <br />Agreement) with notice of and an opportunity to cure any default hereunder. Any cure made or <br />tendered by the Limited Partner shall be deemed a cure by Trustor. <br />(Signatures on Following Page) <br />55d-90 <br />
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