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GROUND LEASE
City of Pleasanton
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GROUND LEASE
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1/31/2011 2:27:29 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
6/1/1988
LONG TERM AGREEMENTS - NAME
GROUND LEASE
LONG TERM AGREEMENTS - TYPE
MISC AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06 (Long Term Agreements)
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
LONG TERM AGREEMENTS - NOTES
RIDGE VIEW COMMONS
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lender's interest in the Project, up to the amount of the HDG, is, within a <br />reasonable time, repaid to HUD. <br />9. Notwithstanding the release of the covenants and restrictions allowed <br />in the event of foreclosure and partial or total loss, if at any time subse- <br />quent to foreclosure, but still during the original term of these covenants, <br />Eden Housing, Inc., or those with whom Eden Housing, Inc. has or had family or <br />business ties should obtain an ownership interest in the Project or Property, <br />the HDG restrictions shall be revived and remain on the Project for the remain- <br />der of the original term of the covenants. <br />If a violation of any foregoing covenants occurs or is attempted, and such <br />occurrence or attempt is uncorrected for a period of 30 days or more, the City <br />of Pleasanton and its successors and assigns, without regard to whether the <br />City of Pleasanton or its successors and assigns is an owner of any land or <br />interest therein to which these covenants relate, shall institute and prosecute <br />any proceeding at law or in equity to abate, prevent or enjoin any such viola- <br />tion or attempted violation or to compel specific performance by the owner of <br />its obligations hereunder. No delay in enforcing the provisions hereof as to <br />any breach or violation shall impair, damage or waive the right of any party <br />entitled to enforce the provisions hereof or to obtain relief against or <br />recover for the continuation or repetition of such breach or violations or any <br />similar breach or violation hereof at any later time. <br />IN WITNESS WHEREOF, the parties have caused this Agreement to be executed <br />by their duly authorized officers. <br />Approved as to form: <br />City m,CG00 y� <br />Y <br />18: covenant. HDG <br />CITY OF PLEASANTON, CALIFORNIA, <br />a municipal corporation <br />By: <br />By: <br />-3- <br />Kenneth . Mercer <br />Mayor <br />EDEN HOUSING, INC., a California <br />nonprof• corporation <br />1 <br />il; J. 1Z <br />Catherine A. Merschel <br />Executive Director <br />H-138519 <br />
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