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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 #4827-0422-4297 v2 <br />Page 10 of 24 <br />15. This Note is a nonrecourse Note whereby Maker has no personal liability for <br />repayment of the sums evidenced hereby, and the Payee must resort only to income, profits or <br />other funds generated from the Site, including any funds which may result from the sale or <br />disposition of the Site subsequent to a foreclosure of the Deed of Trust or conveyance of a deed <br />to the Site in lieu of such foreclosure, for repayment of any amounts owed hereunder. <br />16. This Note shall be construed in accordance with and be governed by the laws of <br />the State of California. <br />17. If any provision of this Note shall be invalid, illegal or unenforceable, the validity, <br />legality and enforceability of the remaining provisions hereof shall not in any way be affected or <br />impaired thereby. <br />________________________, A <br />CALIFORNIA LIMITED PARTNERSHIP <br /> <br />By: [Name of General Partner] <br /> <br /> By: <br /> Name: <br /> Its: <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />6.3.A. - Page 18
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