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HopeWorks Station Residential LLP 4/17/2019
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HopeWorks Station Residential LLP 4/17/2019
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Last modified
8/6/2019 11:49:59 AM
Creation date
8/6/2019 11:49:30 AM
Metadata
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Contracts
Contractor's Name
HopeWorks Station Residential LLP
Approval Date
4/17/2019
Council Approval Date
12/12/2018
Department
Planning
Department Project Manager
Rebecca McCrary
Subject / Project Title
Affordable Housing Trust Fund Loan
Tracking Number
0001941
Total Compensation
$219,067.00
Contract Type
Agreement
Retention Period
6 Years Then Destroy
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File No.: NCS-952411-WA1 <br /> 37. The terms and provisions contained in the document entitled "Assignment,Assumption and Consent <br /> Agreement" recorded May 8, 2018 as Recording No. 201805080541 of Official Records, by and <br /> between City of Everett, a Washington municipal corporation, HopeWorks Station Residential LLLP, a <br /> Washington limited liability limited partnership and Housing Hope Properties, a Washington non-profit <br /> corporation. <br /> 38. Deed of Trust and the terms and conditions thereof. <br /> Grantor/Trustor: HopeWorks Station Residential LLLP, a Washington limited <br /> liability limited partnership <br /> Grantee/Beneficiary: HopeWorks Social Enterprises, a Washington nonprofit <br /> corporation <br /> Trustee: First American Title Insurance Company, and its successors in <br /> trust and assigns <br /> Amount: $500,000.00 <br /> Recorded: May 8, 2018 <br /> Recording Information: 201805080542 <br /> 39. Deed of Trust and the terms and conditions thereof. <br /> Grantor/Trustor: HopeWorks Station Residential LLLP, a Washington limited <br /> liability limited partnership <br /> Grantee/Beneficiary: HopeWorks Social Enterprises, a Washington nonprofit <br /> corporation <br /> Trustee: First American Title Insurance Company, a Nebraska corporation <br /> Amount: $592,320.00 <br /> Recorded: May 8, 2018 <br /> Recording Information: 201805080543 <br /> 40. The terms and provisions contained in the document entitled "Priority and Subordination Agreement" <br /> recorded May 8, 2018 as Recording No. 201805080544 of Official Records. <br /> 41. A right of first refusal in favor of HopeWorks Station Residential GP LLC, a Washington limited liability <br /> company and Housing Hope Properties, a Washington nonprofit corporation as contained in or <br /> disclosed by a document recorded May 8, 2018 as Recording No. 201805080544 of Official Records. <br /> 42. An option in favor of HopeWorks Station Residential GP LLC, a Washington limited liability company <br /> and Housing Hope Properties, a Washington nonprofit corporation as contained in or disclosed by a <br /> document recorded May 8, 2018 as Recording No. 201805080544 of Official Records. <br /> 43. The terms, provisions and easement(s) contained in the document entitled "Temporary Construction <br /> Easement" recorded May 8, 2018 as Recording No. 201805080545 of Official Records. <br /> 44. The terms, provisions and easement(s) contained in the document entitled "Easement Agreement" <br /> recorded May 08, 2018 as Recording No. 201805080527 of Official Records. <br /> 45. Terms, conditions, provisions and stipulations of the Partnership Agreement of HopeWorks Station <br /> Residential LLLP, a Washington limited liability limited partnership. A copy of the Certificate of <br /> This page is only a part of a 2016 ALTA()Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not <br /> valid without the Notice;the Commitment to Issue Policy;the Commitment Conditions;Schedule A;Schedule B,Part I-Requirements;Schedule B,Part <br /> II-Exceptions. <br /> Copyright 2006-2016 American Land Title Association.All rights reserved. <br /> The use of this Form(or any derivative thereof)is restricted to ALTA licensees and ALTA members in good standing as of the date of use.All other uses <br /> are prohibited. Reprinted under license from the American Land Title Association. <br /> Form 50003700(8-23-18) Page 11 of 14 ALTA Commitment for Title Insurance(8-1-16) <br /> Washington <br />
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