Transcription of 1 Form 6 - Chancellor Title Agency
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1 Form 6 - Chancellor Title Agency
1 form 612 Deed in Lieu of Foreclosure Agreement34 THIS DEED IN LIEU OF FORECLOSURE AGREEMENT is made as of the ____ day of5_____, ____ (this "Agreement") by, between, and among _____ Limited Partnership, a6_____ limited partnership, _____ with a mailing address of c/o _____,7_____, Suite ____, _____, _____, _____ ("Borrower"), _____ with a8mailing address of c/o _____, _____, Suite _____, _____, _____,9_____ ("Guarantor"), and _____, a _____ corporation with a mailing address10of _____, _____, _____ _____ (" lender ").1112 WITNESSETH:1314A. Borrower owns fee simple Title to the real estate and the improvements thereon commonly known as "15_____"1 located at _____, _____,2and legally described on Exhibit A attached hereto, which real estate16includes, but is not limited to, lender made a loan to Borrower in the amo
2 1 estate legally described on Exhibit A and other property to Lender, or to a person or other entity designated by 2 Lender ("Buyer"), in lieu of foreclosure in consideration of _____ and other consideration. 5 3 4 F. The fair market value of the "Property" (as hereinafter defined) does not exceed the total outstanding 5 unpaid principal of, interest accrued and unpaid on, and other ...
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