Common use of RIGHTS OF BENEFICIARIES UNDER DEEDS OF TRUSTS Clause in Contracts

RIGHTS OF BENEFICIARIES UNDER DEEDS OF TRUSTS. This Agreement shall not diminish or affect the rights of the City under the City Note and the City Deed of Trust. Notwithstanding any other provision in this Agreement to the contrary, this Agreement shall not diminish or affect the rights of the California Housing Finance Agency ("CalHFA"), HUD, the Federal National Mortgage Association ("FNMA"), or the Veterans Administration ("VA") under the First Lender Deed of Trust or any subsequent First Lender deeds of trust hereafter recorded against the Home in compliance with Section 24 above.

Appears in 4 contracts

Samples: 'S Occupancy and Resale Restriction Agreement, 'S Occupancy and Resale Restriction Agreement, 'S Occupancy and Resale Restriction Agreement

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