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PROMISSORY NOTE SECURED BY DEL' D OF TRUST $211,000.00 Santa Ana, California Ame 15,2018 Property Address: 4026 W. McFadden, Santa Ana, CA 92704 FOR VALUE RECEIVE,D, the undersigned YESENIA GALLA.GA, A. Widow, Sole and Separate Property, (the "Maker" or "Tlornebuyer") promises to pay to the HOUSING AUTHORITY OF THE CITY OF SA.N`i'A ANA, a public body, corporate and politic (the "Holder"Iolder" or"Authority") at 20 Civic Center Plaza, Santa Ana., California 92701, or at such other address as the Holder tray direct :from time to time in writing, the surrrs specified in the terms and provisions of this Promissory Note as the`dote Amotmf I 1. Loan Agreement. This Promissory Note Secured by Deed of 2. 'Trust (this "Note") is made and delivered pursuant to and in implementation of the Hotnebuyer Loan Agreement entered into by and between the Holder and the Maher dated concurrently herewith("Agreement"), a copy of which is on file as a public record with the Holder. The Agreement is incorporated herein by this € reference. The Maker acta-iowledges that but for the execution of this Note, the I Holder would not enter into the Agreement or make the loan contemplated therein. Unless definitions of terms have been expressly set out at length herein, each term shall have the same definition as set forth in the Agreement. 2. Term. The term of the Note shall be forty-five (45) years from. the Homebuyer Loan Date("Term'). i 3. Mote Amount. The surns due and payable pursuant to the terms and provisions of j this Note consists of the Homebuyer Loan Amount(the`Mote Amount"). Maker shall pay to the j Authority the principal amount of Seventy-Three Thousand Six Hundred Dollars ($211,000,00) � (the"Homebuyer Loan.Amount"), with zero percent(0%)interest thereon. 4. Homebuyer Loan. Amount; Interest Deferred Until Acceleration. The Homebuyer,Assistance Loan Amount shall accrue zero percent (0%) interest unless and until an event of acceleration occurs as set forth in Section 6, i 51 Homebuyer Loan Amount; Time of Payment. In the event that the Homebuyer. � Loan Amount sloes not become due and payable prior to the forty-fifth (45") Anniversary ("Maturity Date") as set forth below in Section 6, the (fill amount of the Promissory Note shall I be considered mature and the obligation to pay shall be extinguished as of the Maturity Date. � 6. Acceleration. The whole of the Note Amount and all other payments due hereutider and under the Agreement shall become due and be immediately payable to the Holder 1 by the Maker upon the occurrence of any one of the following events of acceleration: E (a) the sale or transfer of the Property (or arty part thereof) by any means, including, without limitation, the lease, exchange or other disposition of the Property or any interest therein, whether voluntary or involuntary, except (A) a sale of the Property to a qualified Low/Moderato Income Household at an Affordable Housing Cost with the Authority's prior j