Parts 180 and 2424. This Escrow Agreement for Deferred Project Expenses (“Agreement”) made this day of , 20 , by and between (Xxxxxx), whose principal address is , and (Borrower), whose principal address is , [and if applicable, (Depository Institution), whose principal address is ,] in connection with FHA Project No. , located in the City/County of , State of , which Project [has been, is being, or will be] [rehabilitated, purchased or refinanced] from the proceeds of a Loan insured by HUD and made by Xxxxxx. (The definition of any capitalized term or word used herein can be found in this Escrow Agreement for Deferred Project expenses, the Regulatory Agreement between Borrower and HUD, the Note, and/or the Security Instrument, except that the term Program Obligations means (1) all applicable statutes and any regulations issued by the Secretary pursuant thereto that apply to the Project, including all amendments to such statutes and regulations, as they become effective, except that changes subject to notice and comment rulemaking shall become effective only upon completion of the rulemaking process, and
Parts 180 and 2424. This Escrow Agreement for Limited Rehabilitation (“Agreement”) made this day of , 20 , by and between (Lender), whose principal address is , and (Borrower), whose principal address is , [and if applicable, (Depository Institution), whose principal address is ,] in connection with FHA Project No. , located in the City/County of , State of , which Project [has been, is being, or will be] [rehabilitated, purchased or refinanced] from the proceeds of a Loan insured by HUD and made by Xxxxxx. (The definition of any capitalized term or word used herein can be found in this Agreement, the Regulatory Agreement between Borrower and HUD, the Note, and/or the Security Instrument, except that the term Program Obligations means (1) all applicable statutes and any regulations issued by the Secretary pursuant thereto that apply to the Project, including all amendments to such statutes and regulations, as they become effective, except that changes subject to notice and comment rulemaking shall become effective only upon completion of the rulemaking process, and (2) all current requirements in HUD handbooks and guides, notices, and mortgagee letters that apply to the Project, and all future updates, changes and amendments thereto, as they become effective, except that changes subject to notice and comment rulemaking shall become effective only upon completion of the rulemaking process, and provided that such future updates, changes and amendments shall be applicable to the Project only to the extent that they interpret, clarify and implement terms in this Agreement rather than add or delete provisions from such document. Handbooks, guides, notices, and mortgagee letters are available on HUD's official website: (xxxx://xxxxxx.xxx.xxx/hudportal/HUD?src=/program_offices/administration/hudclips, or a successor location).
Parts 180 and 2424. This ESCROW AGREEMENT FOR OFF-SITE FACILITIES (“Agreement”) made this _____ day of ____________________, 20____, by and between _______________________________________________, (“Lender”), whose principal address is _______________________________________________, and ____________________________________________________, (“Borrower”), whose principal address is _______________________________________________, [and if applicable, _______________________________________________ (“Depository Institution”), whose principal address is _______________________________________________ ], in connection with HUD Project No. ____________________, located in the City/County of ____________________, State of ____________________, which Project will be constructed from the proceeds of a Loan insured by HUD and made by Xxxxxx. (The definition of any capitalized term or word used herein can be found in this Agreement, the Regulatory Agreement between Borrower and HUD, the Note, and/or the Security Instrument, except that the term “
Parts 180 and 2424. This COMPLETION ASSURANCE AGREEMENT (“Agreement) made this day of , 20 , by and between (“Contractor”), whose principal address is: , and (“Borrower”), whose principal address is: , and (“Lender”), whose principal address is: , [and if applicable, (“Depository Institution”), whose principal address is: ]. (The definition of any capitalized term or word used herein can be found in this Completion Assurance Agreement, the Regulatory Agreement between Borrower and HUD, the Note, and/or the Security Instrument, except “Program Obligations” means (1) all applicable statutes and any regulations issued by the Secretary pursuant thereto that apply to the Project, including all amendments to such statutes and regulations, as they become effective, except that changes subject to notice and comment rulemaking shall become effective only upon completion of the rulemaking process, and (2) all current requirements in HUD handbooks and guides, notices, and mortgagee letters that apply to the Project, and all future updates, changes and amendments thereto, as they become effective, except that changes subject to notice and comment rulemaking shall become effective only upon completion of the rulemaking process, and provided that such future updates, changes and amendments shall be applicable to the Project only to the extent that they interpret, clarify and implement terms in this Agreement rather than add or delete provisions from such document. Handbooks, guides, notices, and mortgagee letters are available on “HUDCLIPS,” at xxx.xxx.xxx. .
Parts 180 and 2424. Any person who knowingly presents a false, fictitious, or fraudulent statement or claim in a matter within the jurisdiction of the U.S. Department of Housing and Urban Development is subject to criminal penalties, civil liability, and administrative sanctions. Recording requested by: __ ______________ __ ______________ __ ______________ __ ______________ After recording return to: __ ______________ __ ______________ __ ______________ __ ______________ Project Name:
