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Senior Mortgage or (ii) further evidence the intent of this Agreement. <br /> <br /> (e) Amendment. This Agreement shall not be amended except by written <br />instrument signed by all parties hereto. <br /> <br /> (f) Governing Law. This Agreement shall be governed by the laws of the State <br />of California. <br /> <br /> (g) Severable Provisions. If any provision of this Agreement shall be invalid or <br />unenforceable to any extent, then the other provisions of this Agreement, shall not be affected <br />thereby and shall be enforced to the greatest extent permitted by law. <br /> <br /> (h) Term. The term of this Agreement shall commence on the date hereof and <br />shall continue until the earliest to occur of the following events: (i) the payment of all of the <br />principal of, interest on and other amounts payable under the Senior Mortgage Loan <br />Documents; (ii) the payment of all of the principal of, interest on and other amounts payable <br />under the Subordinate Loan Documents, other than by reason of payments which the <br />Subordinate Lender is obligated to remit to the County pursuant to Section 4 hereof; (iii) the <br />acquisition by the County of title to the Property pursuant to a foreclosure or a deed in lieu of <br />foreclosure of, or the exercise of a power of sale contained in, the Senior Mortgage; or (iv) <br />the acquisition by the Subordinate Lender of title to the Property pursuant to a foreclosure or <br />a deed in lieu of foreclosure of, or the exercise of a power of sale contained in, one of the <br />Subordinate Mortgages, but only if such acquisition of title does not violate any of the terms <br />of this Agreement. <br /> <br /> <br /> IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and <br />year first written above. <br /> <br />- SIGNATURE PAGES FOLLOW - <br />EXHIBIT 8