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HUMPHRIES, VALERIE R.
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HUMPHRIES, VALERIE R.
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Last modified
4/17/2025 2:02:21 PM
Creation date
3/27/2025 9:50:08 AM
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Contracts
Company Name
HUMPHRIES, VALERIE R.
Contract #
a-2002-200
Agency
Community Development
Expiration Date
1/1/1999
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repaired, restored and/or rebuilt, and the assessment shall have the same effect as an assessment <br />by the Association. <br />8.3 City Enforcement of Laws. The City is hereby granted the express power to <br />enforce all laws and ordinances of the State of California and the City of ,Santa Ana on the <br />Common Improvement Areas and the Parcels within the Project. <br />8.4 Right to Enter. Owners hereby acknowledge and intend and thus grant to the <br />City, through the City's duly authorized agents or employees, the right to enter upon the Common <br />Improvement Areas and Parcels for the purposes of carrying out its rights under Sections 8.2 and <br />8.3 hereof. <br />IX. MORTGAGE PROTECTION <br />Notwithstanding any and all provisions elsewhere in this Declaration to the contrary, in <br />order to induce lenders and investors to participate in the financing of the Parcels and Buildings <br />within the Project, the following provisions are added hereto; and to the extent these added <br />provisions conflict with any other provisions of this Declaration, the Articles of Incorporation or <br />the Bylaws of the Association, these added provisions shall control: <br />9.1 Notice of Default. Each mortgagee of a mortgage encumbering any Parcel, upon <br />written request to the Association, will be entitled to notification from the Association of any <br />default by the mortgagor of such Parcel in the performance of such mortgagor's obligations under <br />this Declaration, the Articles or the Bylaws which is not cured within sixty (60) days. The <br />Association may charge the Owner and/or the mortgagee a reasonable fee for providing such <br />notification. <br />9.2 No Liability for Unpaid Dues. Any mortgagee or third -party foreclosure .. <br />purchaser who comes into possession or who obtains title to a Parcel pursuant to the remedies <br />provided in the mortgage or foreclosure of the mortgage, or by deed or assignment in lieu of <br />foreclosure, will not be personally liable for such Parcel's unpaid dues or charges which accrue <br />prior to such possession or acquisition of title to such Parcel. The assessment liens provided for <br />herein shall be subordinate to the lien or equivalent security interest of any first mortgage on a <br />Parcel recorded prior to the date any such assessments become due. Such subordination shall <br />apply only to assessments which accrue prior to a sale or transfer of such property pursuant to a <br />decree of foreclosure or trustee's sale. To the extent permitted by law, any sale or transfer shall <br />not relieve such property from liability for any assessments thereafter becoming due or from the <br />lien of any such subsequent assessment. <br />9.3 Supermajority Approval of Certain Amendments. Unless at least eighty <br />percent (80%) of the Owners of the individual Parcels, as well as the City pursuant to Section 8.1 <br />EXHIBIT E: Page 21 of 24 <br />
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