94001-ORCF-RI Healthcare Facility Note - Rider (various states - ME)

Comprehensive Listing of Transactional Documents for Mortgagors, Mortgagees and Contractors

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Transactional Documents for Mortgagees and Contractors

OMB: 2502-0605

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OMB Approval No. 2502-0605

(exp. 03/31/2018)


Rider 1

(Maine)


UNDER MAINE LAW, NO PROMISE, CONTRACT OR AGREEMENT TO LEND MONEY, EXTEND CREDIT, FORBEAR FROM COLLECTION OF A DEBT OR MAKE ANY OTHER ACCOMMODATION FOR THE REPAYMENT OF A DEBT FOR MORE THAN $250,000 MAY BE ENFORCED IN COURT AGAINST LENDER UNLESS THE PROMISE, CONTRACT OR AGREEMENT IS IN WRITING AND SIGNED BY LENDER. BY EXECUTION OF THIS NOTE, THE BORROWER HEREBY ACKNOWLEDGES AND AGREES THAT THE REQUIREMENT OF A WRITING DESCRIBED IN THIS PARAGRAPH SHALL APPLY TO THIS NOTE, THE OBLIGATIONS, THE LOAN DOCUMENTS, ANY EXTENSION, MODIFICATION, RENEWAL, FORBEARANCE OR OTHER ACCOMMODATION RELATING HERETO OR THERETO AND TO ANY OTHER CREDIT RELATIONSHIP BETWEEN BORROWER AND LENDER (WHETHER NOW EXISTING OR CREATED IN THE FUTURE), WHETHER OR NOT THE AMOUNT INVOLVED EXCEEDS $250,000. It is acknowledged that the Borrower and counsel for the Borrower have had the opportunity to review this paragraph and this Note.





Previous versions obsolete Page 1 of 1 Form HUD-94001-R1-ORCF (03/2018)

Healthcare Facility Note - Rider


File Typeapplication/vnd.openxmlformats-officedocument.wordprocessingml.document
AuthorDavid Aborn
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File Created2021-01-14

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