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CHFA LOAN CLOSING
City of Pleasanton
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LONG TERM AGREEMENT
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CHFA LOAN CLOSING
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1/31/2011 3:43:12 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
1/12/1990
LONG TERM AGREEMENTS - NAME
CHFA LOAN CLOSING
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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addition, the Borrower and the City agree to execute and deliver <br />to the Lenders, upon the Lenders' request, any financing <br />statements, as well as extensions, renewals and amendments <br />thereof, and reproductions of this instrument in such form as the <br />Lenders may require to perfect a security interest with respect to <br />said items. The Borrower and /or the City shall pay all costs of <br />filing such financing statements and any extensions, renewals, <br />amendments, and releases thereof, and shall pay all reasonable <br />costs and expenses of any record searches for financing <br />statements, and releases thereof, as the Lenders may reasonably <br />require. Without the prior written consent of the Lenders, the <br />Borrower and /or the City shall not create or suffer to be created <br />pursuant to the Uniform Commercial Code any other security <br />interest in said items, including replacements and additions <br />thereto, except as otherwise expressly permitted in the Loan <br />Documents. Upon an Acceleration as provided in Paragraph 5.7, the <br />Lenders shall have the remedies of a secured party under the <br />Uniform Commercial Code and, at the Lenders' option, may also <br />invoke the other remedies provided in this Deed of Trust and Loan <br />Documents as to such items. In exercising any of said remedies, <br />the Lenders may proceed against the items of real property and any <br />items of personal property specified above as part of the Property <br />separately or together and in any order whatsoever, without in any <br />way affecting the availability of the Lenders' rights or remedies <br />under the Uniform Commercial Code or of the other remedies <br />provided in this Deed of Trust, in the Loan Documents, or by law. <br />The Borrower and the City agree that the filing of <br />any financing statement in the records normally having to do with <br />personal property shall not be construed as anywise derogating <br />from or impairing this Deed of Trust and the intention of the <br />parties hereto that those portions of the Property herein declared <br />part of the real estate are, and at all times and for all purposes <br />and in all proceedings both legal or equitable shall be, regarded <br />as part of the real estate irrespective of whether any such item <br />is physically attached to the improvements or any such item is <br />referred to or reflected in any such financing statement so filed <br />at any time. <br />(b) Similarly, the mention in any such financing <br />statement of (i) compensation for damage to or destruction of the <br />Property by insured casualty, or (Hy any judgment, award, or <br />other compensation for a taking of the Property by eminent domain, <br />or (iii) the rents, royalties, issues, accounts and profits of the <br />Property under leases, shall never be construed as anywise <br />altering any of the Lenders' rights as determined by this Deed of <br />Trust or impugning the priority of the Lenders' lien granted <br />hereby or by any other recorded document, but such mention in the <br />financing statement is declared to be for the protection of the <br />Lenders in the event that any court or judge shall at any time <br />hold with respect to (i), (ii) or (iii) of this paragraph that <br />CHFA 52P.RIDGE.VIEW.IST <br />01/06/90.Q02374 -13- <br />
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