November 22, 1989Nonrecourse Agreement • December 5th, 1996 • Decade Companies Income Properties • Real estate
This letter will evidence certain agreements which we have reached regarding the Four Million One Hundred Thousand and No/100 Dollars ($4,100,000.00) loan by Home Savings of America, F.A., a federal savings and loan association (the "Lender") to Decade Companies Income Properties - A Limited Partnership, a Wisconsin limited partnership (the "Borrower"), said loan being evidenced by, among other things, that certain Promissory Note Adjustable Interest Rate of even date herewith, executed by Borrower payable to the order of Lender in the original principal amount of Four Million One Hundred Thousand and No/100 Dollars ($4,100,000.00), as therein provided (the "Note"), and secured by, among other things, a Mortgage and Security Agreement against Borrower's fee simple interest in and to real and personal property located in Madison, Dane County, Wisconsin, and commonly known as 237-293 and 301-417 North Thompson Drive (the "Subject Property"). Reference to said Note, Mortgage and Security
