CHFA LOAN CLOSING - Laserfiche WebLink

other compensation for a taking of the Property by eminent domain, or (iii) the rents, royalties, issues, accounts and profits of the Property under leases, shall never be construed as anywise altering any of the Agency's rights as determined by this Deed of Trust or impugning the priority of the Agency's lien granted hereby or by any other recorded document, but such mention in the financing statement is declared to be for the protection of the Agency in the event that any court or judge shall at any time hold with respect to (i), (ii) or (iii) of this paragraph that notice of the Agency's priority of interest to be effective against a particular class of person, including without limitation the federal government or any subdivision or entity thereof, must be filed as provided for in the Uniform Commercial Code. 5.14 Remedies Cumulative. No remedy herein contained or conferred upon the Agency or Trustee is intended to be exclusive of any other remedy or remedies afforded by law or by the terms hereof to the Agency or Trustee but each and every such remedy shall be cumulative and shall be in addition to every other remedy given hereunder or now or hereafter existing at law or in equity. 5.15 Successors, Assigns, Gender, Number. The covenants and agreements herein contained shall bind, and the benefit and advantages shall inure to, the respective heirs, executors, administrators, successors and assigns of the parties. Wherever used, the singular number shall include the plural, and the plural the singular, and the use of any gender shall be applicable to all genders. 5.16 Headings. The headings are inserted only for convenience of reference and in no way define, limit, or describe the scope or intent of this Deed of Trust, or of any particular provision thereof, or the proper construction thereof. 5.17 Actions on Behalf of the Agency. Except as be otherwise specifically provided herein, whenever any approval, notice, direction, consent, request or other action by the Agency is required or permitted under this Deed of Trust, such action shall be in writing. 5.18 Terms. The words "the Agency" means the California Housing Finance Agency, or any future owner or holder, including pledgee, of the indebtedness secured hereby. 5.19 Obligations of Borrower. If more than one person has executed this Deed of Trust as "Borrower," the obligations of all such persons hereunder shall be joint and several. CHFA 52P 6/1/88 V01642 -13-