Checklist for First Priority Lien

OMB Number: 0610-0096
Expiration Date: 11/30/2021

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ECONOMIC DEVELOPMENT ADMINISTRATION
FIRST PRIORITY LIEN CHECKLIST
EDA Award Number:

Date:

Recipient:
Co-Recipient(s):
Recipient’s Authorized Representative:
Name & Phone Number
Executed or
Draft Agreement & Mortgage or Deed of Trust document (First Priority Lien)
submitted to EDA for securing EDA’s interest in the property acquired or improved by this Award.
The Agreement & Mortgage/Deed of Trust document is required by Specific Award Condition
Number(s):
Y

1. All Specific Award Conditions required for the Agreement & Mortgage/Deed
of Trust have been met.
2. The Agreement & Mortgage/Deed of Trust document has been completely
filled out.
3. “Exhibit A” has the complete legal description of the project property and has
been attached to the draft/executed Agreement & Mortgage/Deed of Trust
document.
4. The completed Agreement & Mortgage/Deed of Trust document has been
recorded in the appropriate jurisdiction.
5. If required by EDA, an opinion of Recipient’s counsel has been provided to
substantiate that the Agreement & Mortgage/Deed of Trust was validly executed
and properly recorded.

Prepared By (Signature)

Date

Prepared By (Typed or Written Name & Title)

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N

NA