Laserfiche WebLink
CONSENT TO ASSESSMENT AGREEMENT <br />__________________, _______________________, of __________________________, <br />_________________, _________________ (the "Bank"), does hereby consent to all terms, <br />conditions and provisions of the foregoing Assessment Agreement and agrees that, in the event it <br />purchases the Development Property at a foreclosure sale or acquires the Development Property <br />through a deed in lieu of foreclosure or otherwise in satisfaction of the indebtedness owed by the <br />Developer, it and its respective successors and assigns, shall be bound by all terms and conditions <br />of the Assessment Agreement, including but not limited to the provision which requires that the <br />minimum market value of the Development Property and the Project shall be not less than the <br />amounts set forth in the Assessment Agreement. <br />IN WITNESS WHEREOF, we have caused this Consent to Assessment Agreement to be <br />executed in its name and on its behalf as of this ____ day of _______________, 2020. <br />_______________________________________ <br /> <br /> <br />By ____________________________________ <br /> <br />Its ____________________________________ <br />STATE OF ) <br /> ) ss. <br />COUNTY OF ) <br />The foregoing instrument was acknowledged before me this ___ day of __________, 2020, <br />by _________________, the_____________ of ____________________________, a <br />____________ banking corporation on behalf of the corporation. <br /> <br />_____________________________________ <br />Notary Public <br /> <br />B-5 <br />12472188v2 <br /> <br />