Defeasance Agreement Sample Contracts

DEFEASANCE AGREEMENT
Defeasance Agreement • October 17th, 2017

THIS DEFEASANCE AGREEMENT, dated as of October 1, 2017 (the “Agreement”), is by and between Regions Bank, as trustee (the “Trustee”), and Amal Heights Associates, L.P., a Virginia limited partnership (the “Borrower”), and is entered into to effect the defeasance and redemption of the above-captioned Urban Residential Finance Authority of the City of Atlanta, Georgia Multifamily Housing Revenue bonds (GNMA Collateralized – Amal Heights Townhomes Project), Series 2010, in the original aggregate principal amount of $9,350,000 (the “Bonds”) (of which $8,810,000 is currently outstanding on the date hereof), issued pursuant to the Indenture of Trust dated as of May 1, 2010 (the “Indenture”) by and between the Urban Residential Finance Authority of the City of Atlanta, Georgia (the “Issuer”) and the Trustee. Capitalized terms used in this Agreement and not otherwise defined herein have the meanings given to such terms in the Indenture. The Bonds are secured by the GNMA Securities which is hel

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DEFEASANCE AGREEMENT
Defeasance Agreement • May 17th, 1999 • Care First Inc • Services-skilled nursing care facilities
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