5 Allonge-Debt Assignment to QNP

OMB No. 2502-0533

(Exp. 09/30/2014)

{insert name of property}

{INSERT LOCATION OF PROPERTY}

{insert FHA#}

ALLONGE

TO MORTGAGE RESTRUCTURING {select appropriate DEED OF TRUST/MORTGAGE} NOTE

THIS ALLONGE TO MORTGAGE RESTRUCTURING {select appropriate DEED OF TRUST/MORTGAGE} NOTE is made as of the ___ day of ____________, _____ and is attached to and made a part of that certain Mortgage Restructuring {select appropriate Deed of Trust/Mortgage} Note (“Note”) dated {insert date}, in the amount of {insert Note amount in text} (${insert numerical amount of Note}), made by {insert maker of Note}, a {insert nature of entity and state of organization}, payable to The Secretary of Housing and Urban Development ("HUD").

Pay to the Order of {insert name of entity acquiring the subject property} (“Assignee”), without warranty and without recourse, subject to the terms and conditions of that certain AGREEMENT OF ASSIGNMENT OF MORTGAGE RESTRUCTURING {select appropriate DEED OF TRUST/MORTGAGE} NOTE AND MORTGAGE RESTRUCTURING {select appropriate DEED OF TRUST/MORTGAGE} (“Assignment Agreement”) by and between HUD and Assignee, which controls, among other things, the further indorsement of the Note and is incorporated herein by reference and made a part hereof. The Assignment Agreement is recorded among the land records of the jurisdiction in which the real property that secures the Note is located.

WITNESS: SECRETARY OF HOUSING AND

URBAN DEVELOPMENT [SEAL]

ACTING BY AND THROUGH THE DEPUTY ASSISTANT SECRETARY OF THE OFFICE OF AFFORDABLE HOUSING PRESERVATION

By:

Theodore Toon,

Deputy Assistant Secretary

Public reporting burden for this collection of information is estimated to average 0.5 hour per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This information is required to obtain benefits. The office of Multifamily Housing, Office of Affordable Housing Preservation 451 7th Street SW, Room 6216 ­ 6230 Washington, DC 20410. HUD may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number. Title V of the Departments of Veterans Affairs and Housing and Urban Development and Independent Agencies Appropriations Act of 1988 (P.L.106 65, 111 Stat. 1384) authorizes the FHA Multifamily Housing Mortgage and Housing Assistance Restructuring Program. HUD implemented a statutory permanent program directed at FHA-insured multifamily projects that have project-based Section 8contracts with above- market rents. The information collection is used to determine criteria eligibility of FHA-insured multifamily properties for participation in the Mark to Market program and the terms on which participation should occur. The purpose of the program is to preserve low-income rental housing affordability while reducing the long-term costs of Federal rental assistance. While no assurances of confidentiality are pledged to respondents, HUD generally discloses this data only in response to a Freedom of Information request.

Allonge – Debt Assignment to QNP 6/8/06 page 2 of 2