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07/22/2013 <br />g. The advance of the proceeds of this Note is subject to the provisions of the <br />Agreement, and the principal amount to be repaid hereunder shall not exceed the <br />actual principal amount advanced by the City. <br />7. Limits on Personal Liability <br />a. Except as otherwise provided in this Paragraph 7, the Owner shall have no personal <br />liability under this Note, the Agreement, the Deed of Trust or any of the other <br />documents evidencing or securing the Owner's obligations in respect of the loan <br />evidenced by the Note (the "Loan Documents") for the repayment of the indebtedness <br />evidenced by this Note (the "Indebtedness") or for the performance of any other <br />obligations of the Owner under the Loan Documents, and the City's only recourse for <br />the satisfaction of the Indebtedness and the performance of such obligations shall be <br />the City's exercise of its rights and remedies with respect to the Property and any other <br />collateral held by the City as security for the Indebtedness. <br />b. The Owner shall be personally liable to the City for the repayment of a portion of the <br />Indebtedness equal to any loss or damage actually suffered by the City as a result of <br />(1) failure of the Owner to pay to the City any rents, insurance proceeds or <br />condemnation proceeds to the extent required by the Deed of Trust following an event <br />or default; or (2) fraud or written material misrepresentation by the Owner or any officer, <br />director, partner, member or employee of the Participating Owner in connection with the <br />application for or creation of the Indebtedness or any request for any action or consent <br />by the City. <br />c. To the extent that the Owner has personal liability under this Paragraph 7, the City <br />may exercise its rights against the Owner personally without regard to whether the City <br />has exercised any rights against the Property or any other security, or pursued any <br />rights against any guarantor, or pursued any other rights available to the City under this <br />Note or any other Loan Document or applicable law. <br />"Owner" <br />Mental Health Association of San Mateo <br />County <br />A California Non -Profit Corporation <br />la <br />Authorized signer <br />RESO. # 15282 <br />MUFF # 608 <br />