_REPAIR ESCROW AGREEMENT
WHEREAS, Borrower has used the proceeds of the Bond Mortgage Loan to [refinance][finance the acquisition, _____ and equipping of] an affordable multifamily residential housing facility located at _____ (the “Improvements”); and . WHEREAS, Lender and Bond Trustee have entered into a Credit Enhancement Agreement dated the date hereof (the “Credit Enhancement Agreement”) pursuant to … ................
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