ContractDeed in Lieu of Foreclosure Agreement • November 14th, 2003 • Alterra Healthcare Corp • Services-social services
DEED IN LIEU OF FORECLOSURE AGREEMENT (Lenexa, Kansas) THIS DEED IN LIEU OF FORECLOSURE AGREEMENT (this "Agreement") is made as of July 31, 2003 between FANNIE MAE, a corporation organized and existing under the laws of the United States of America (the "Lender"), ALS KANSAS, INC., a Delaware corporation (the "Borrower"), and ALTERRA HEALTHCARE CORPORATION, a Delaware corporation (the “Key Principal”). RECITALS: This Agreement is based upon the following recitals: A. On July 16, 1999, Amresco Capital, L.P., a Delaware limited partnership (the “Original Lender”), made a loan to Borrower (the “Loan”). B. The Loan is evidenced by the documents described on the Schedule of Loan Documents attached hereto and incorporated herein, which schedule also defines certain terms hereinafter appearing in this Agreement. C. The Loan is secured by the Mortgage which encumbers certain real and personal property more particularly described therein (the “Property”). D. Lender is the hol
SETTLEMENT AGREEMENT, MUTUAL RELEASE AND ASSIGNMENTSettlement Agreement • November 14th, 2003 • Alterra Healthcare Corp • Services-social services
This SETTLEMENT AGREEMENT, MUTUAL RELEASE AND ASSIGNMENT (this "Agreement"), dated as of October 11, 2003, is entered into by and among: Alterra Healthcare Corporation, a Delaware corporation ("Alterra"); The Margolick Financial Group LP, a Michigan limited partnership ("Margolick"); the Limited Partnerships (as hereinafter defined); and the Settling Limited Partners (as hereinafter defined).
