WARD, HOLLY A. - Laserfiche WebLink

8.0 Any notice to Borrower provided for in this Note shall be given by mailing such notice by certified mail addressed to Borrower at the Property Address stated below, or to such other address as Borrower may designate by notice to the Lender. Any notice to the Lender shall be given by mailing such notice by certified mail, return receipt requested, to the Lender at the following address or at such other address as may have been designated by notice to Borrower: City of Pleasanton City Manager 123 Main Street Pleasanton, CA 94566 -0802 Address of Borrower: Holly A. Ward 612 Palomino Drive Pleasanton, CA 94566 9.0 The indebtedness evidenced by this Note is secured by a Deed of Trust, dated October 28, 1998, and reference is made to the Deed of Trust for rights as to acceleration of the indebtedness evidenced by this Note, including Section 20 of the Deed of Trust which provides as follows: Transfer of the Property. Subject to Section 23, if all or any part of the Property or an interest in it is sold or transferred by Borrower, excluding permitted transfers to a spouse or other person signing the Note in the manner described in Section 6 above, all the sums secured by this Deed of Trust shall be immediately due and payable. In the event of such an acceleration, Lender shall mail Borrower notice of the acceleration in accordance with Section 17 hereof. Such notice shall provide a period of not fewer than 30 days from the date the notice is mailed within which Borrower may pay the sums declared due. If Borrower fails to pay such sums prior to the expiration of such period, Lender may, without further notice of demand on Borrower, invoke any remedies permitted by Section 21 hereof. 10.0 Nonrecourse. This Note constitutes a portion of the unpaid balance of the purchase price of the Residence. Borrower shall have no personal liability for any deficiency on this Note and the only remedy available to the City or any holder in due course shall be foreclosure pursuant to law as provided in the Deed of Trust securing this Note. The City may assign its right to receive the proceeds under this Note to any person and upon notice to Borrower by the City all payments shall be made to the assignee. 11.0 Attorneys Fees and Costs. Borrower agrees that if any amounts due under this Note are not paid when due, to pay in addition, all costs and expenses of collection and reasonable Page 5