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AgdaPkt 2019-05-20 Joint SA PFA
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AgdaPkt 2019-05-20 Joint SA PFA
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Last modified
10/1/2020 3:47:20 PM
Creation date
5/16/2019 5:27:10 PM
Metadata
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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
5/20/2019
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6.B. - Page 22 of 46 <br />(g) the removal or disposal of any personal property or fixtures or the <br />retention of rents, insurance proceeds, or condemnation awards in violation of the <br />Deed of Trust; <br />(h) the material misapplication of the proceeds of any insurance policy or <br />award resulting from condemnation or the exercise of the power of eminent <br />domain or by reason of damage, loss or destruction to any portion of the Project <br />or the Property; and <br />(i) the failure of Borrower to pay all amounts payable under this Note in <br />full if Borrower Transfers the Property in violation of the City Documents. <br />IN WITNESS WHEREOF, Borrower has executed this Amended and Restated Secured <br />Promissory Note as of the date first written above. <br />BORROWER: <br />Redwood Oaks Associates II LP, a California limited partnership <br />By: Redwood Oaks — HHDC LLC, a California limited liability company <br />Its: General Partner <br />By: HIP Housing Development Corporation, a California nonprofit public benefit <br />corporation <br />Its: Manager <br />REV: 05-10-19 DZ <br />Kate Comfort Harr, Executive Director <br />Page 7 of 7 <br />ATTY/AGR.2019.119/Redwood Oaks Associates 11 LP - Promissory Note 5o <br />
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