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NNRHA June 16, 2026 board meeting package

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deposited by the mortgagor or related parties on or before the date of issuance of the bonds) shall be returned to the mortgagee.” It is understood that “mortgage” means the FHA Mortgage, “Commissioner” is defined in the FHA Loan Documents, “bonds” means the Bonds, “rebate fund” means the Rebate Fund, “the trust indenture” means this Indenture, there is no credit enhancer, “issuer” means the Issuer, “trustee” means Trustee, and “mortgagor” means the Borrower. (The remainder of this page is intentionally left blank.) 70
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