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AgdaPkt 2015-11-09 Closed and Joint SA PFA
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AgdaPkt 2015-11-09 Closed and Joint SA PFA
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Last modified
11/5/2015 2:37:20 PM
Creation date
11/5/2015 2:34:34 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
11/9/2015
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ATTY/AGR/2015/AMENDMENTS/AMEND NO.1 – OMNIBUS LOAN DOCUMENTS CITY CENTER PLAZA <br />REV: 10-23-15 VR <br />OAK #4834-8174-3401 v3 <br />Page 4 of 24 <br />10. Escrow Instructions. The parties shall deliver subordination agreements and any <br />other documents reasonably required to carry out the terms of this Amendment. <br />11. Full Force and Effect. Except as set forth in this Amendment, the Deed of Trust and <br />Covenant remain unmodified and in full force and effect. <br />12. Effectuation Through Escrow. The transactions contemplated through this <br />Amendment are expected to close through an escrow with North American Title Company (or <br />other title and escrow company reasonably satisfactory to the parties), at no cost or expense to <br />either the Successor Agency or Housing Successor Agency. Each party shall sign appropriate <br />escrow instructions consistent with this Amendment to carry out the closing. <br />13. Successors and Assigns. This Amendment is binding on and inures to the benefit of <br />the legal representatives, heirs, successors and assigns of the parties. <br />14. California Law. This Amendment is governed by and construed in accordance with <br />the laws of the State of California. <br />15. Counterparts. This Amendment may be signed by the different parties hereto in <br />counterparts, each of which shall be deemed an original but all of which together shall constitute <br />one and the same agreement. <br />IN WITNESS WHEREOF, the parties have executed this Amendment as of the day and <br />year first above written. <br /> <br />ORIGINAL BORROWER: <br /> <br />MEZES COURT ASSOCIATES, <br />a California Limited Partnership <br /> <br />By: MP Mezes, Inc., <br /> a California nonprofit public benefit <br /> corporation, its general partner <br /> <br /> <br /> By: _________________________________ <br /> Matthew O. Franklin, Assistant Secretary <br /> <br /> <br /> <br /> BORROWER: <br /> <br /> [TO BE FORMED LIMITED PARTNERSHIP] <br /> <br />6.3.A. - Page 12
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