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2018-674-E Housing - Habitat HOME Agreement 2017-18
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2018-674-E Housing - Habitat HOME Agreement 2017-18
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Last modified
10/10/2018 2:02:15 PM
Creation date
10/10/2018 12:24:48 PM
Metadata
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Template:
Contract
Date
6/1/2018
Contract Starting Date
6/1/2018
Contract Ending Date
5/31/2117
Contract Document Type
Agreement
Agenda Item
6/6/17
Amount
$211,830.00
Document Relationships
Agenda - 06-06-2017 - 5-a - Orange County Consolidated Plan – Annual Action Plan Update
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2010's\2017\Agenda - 06-06-2017 - Regular Mtg.
R 2018-674 Housing - Habitat HOME Agreement 2017-18
(Attachment)
Path:
\Board of County Commissioners\Contracts and Agreements\Contract Routing Sheets\Routing Sheets\2018
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person or entity is fully and personally obligated to keep all of the promises made in this Note, <br />including the promise to pay the full amount owed. Any person or entity who is a guarantor, <br />surety or endorser of this Note is also obligated to do these things. Any person or entity who <br />takes over these obligations, including the obligations of a guarantor, surely or endorser of this <br />Note, is also obligated to keep all of the promises made in thisNote. The Lender may enforce its <br />rights under this Note against each person or entity individually or against all such persons or <br />entities together. <br />12.Waivers. Borrower and any other Person or entity who has obligations under this <br />Note waives the rights of protest, presentment, notice of dishonor and notice of acceleration of <br />maturity. "Presentment" means the right to require Holder to demand payment of amounts due. <br />"Notice of dishonor" means the right to require Holder to give notice to other persons that <br />amounts due have not been paid. Borrower and any other person or entity who has obligations <br />under this Note agree that their obligations shall continue even if Lender has agreed to the <br />release, modification or substitution of any security for this Noteor to any extensions of time for <br />the payment of principal and interest under this Note. <br />13.Related Documents. The following documents have also been executed in <br />connection with the Loan (Check those which apply): <br />XDevelopment Agreements between Habitat For Humanity Of Orange County, NC, Inc. <br />and Lender dated _______________. <br />XDeclarations of Restrictive Covenants between Habitat For Humanity Of Orange County, <br />NC, Inc., and Lender dated ________________. <br />XDeed of Trust from Borrower to John L. Roberts, Trustee for Lender beneficiary, dated <br />the same date as this Note. <br />The terms of those documents listed above are incorporated in this Note. Default under any of <br />the terms of the documents listed above shall be a default under this Note. <br />14.Governing Law. This note shall be governed and construed by the laws of the <br />State of North Carolina. <br />15.Assignment. The Borrower consents to the assignment of this Note transferring <br />the Lender's right, title and interest. <br />IN WITNESS WHEREOF, Borrower has caused this instrument to be duly signed, <br />sealed and delivered the day and year first above written. <br />BORROWER <br />______________________________ <br />DocuSign Envelope ID: 12C19140-2C02-498E-AD84-772B4830D31B
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