Extract to table

The Post-Closing Letter Agreement provides that any surveys, flood determinations, or related deliverables not completed by the closing date shall be delivered on or before August 5, 2022, and that failure to timely deliver such items shall constitute an Event of Default under Section 9

Federal Mandatory Purchase Requirement Under the Flood Disaster Protection Act of 1973 (as amended), the National Flood Insurance Reform Act of 1994, and the Biggert-Waters Flood Insurance Reform Act of 2012, any building or manufactured (mobile) home (including any personal property securing the loan) located or to be located in a Special Flood Hazard Area in a community that participates in the National Flood Insurance Program, where such building or personal property secures a loan made, increased, extended, or renewed by any federally regulated lending institution, must be covered by flood insurance for the term of the loan

Loss payee/mortgagee endorsements on the NFIP flood insurance policies for Properties FL-03, FL-07, FL-11, and TX-02 must be updated to designate Crescent Harbor Bank, N

A Correction Special Warranty Deed must be prepared and recorded to correct the minor 0

Local Texas counsel (Whitfield & Moreno PLLC, Houston) is preparing the corrective instrument, which must be recorded in the Official Public Records of Real Property of Harris County on or before August 5, 2022

All of the foregoing items must be completed on or before August 5, 2022, in accordance with Section 2(a) of the Post-Closing Letter Agreement