Laserfiche WebLink
7.11 of the Deed of Trust (pertaining to environmental matters), except as limited <br /> by the provisions of such agreements, <br /> (e) the occurrence of any act or omission of Borrower that results in waste <br /> to or of the Project or the Property and which has a material adverse effect on the <br /> value of the Project or the Property; <br /> (f) the material misapplication of the Loan proceeds, <br /> (g) the removal or disposal of any personal property or fixtures or the <br /> retention of rents, insurance proceeds, or condemnation awards in violation of the <br /> Deed of Trust, <br /> (h) the matenal misapplication of the proceeds of any insurance policy or <br /> award resulting from condemnation or the exercise of the power of eminent <br /> domain or by reason of damage, loss or destruction to any portion of the Project <br /> or the Property; and <br /> (i) the failure of Borrower to pay all amounts payable under this Note in <br /> full if Borrower Transfers the Property in violation of the Loan Agreement or the <br /> Regulatory Agreement <br /> IN WITNESS WHEREOF, Borrower has executed this Note as of the date first wntten above. <br /> BORROWER: <br /> KOTTINGER GARDENS PHASE 2 ASSOCIATES, L P , a California limited partnership <br /> By Kottinger Gardens Phase 2 LLC, a California limited liability company <br /> Its General Partner <br /> By MP Preservation, Inc , a California nonprofit public benefit corporation, its sole <br /> member/manager <br /> B <br /> Matthew O. Franklin, Assistant Secretary <br /> OAK#4829-4624-9261 v5 10 <br />