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STATION DIST DDA WITH CRA
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STATION DIST DDA WITH CRA
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7/29/2020 4:28:28 PM
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9/27/2010 1:29:49 PM
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139 Maker Assignment Prohibited. In no event shall the Baker assign or transfer <br />any portion of this Note, the Note Amount and/or the Agreement without the prior express <br />written consent of the Holder, as provided in Section 9. <br />14. Joint and Several. The undersigned, if more than one, shall be jointly and <br />severally liable hereunder. <br />150 Attorneys' Fees and Costs. In the event that any action is instituted to enforce <br />payment under this Dote, the parties agree the non - prevailing party shall be responsible for and <br />shall pay to the prevailing party all court costs and all attorneys' fees incurred in enforcing this <br />Note. <br />16. Amendments. This Note may not be modified or amended except by an <br />instrument in waiting expressing such intention executed b the parties sought to be bound <br />thereby, which writing must be so firmly attached to this o to so as to become a permanent part <br />thereof. <br />17. Maker's Waivers. The Maker waives any rights to require the Holder to <br />(a) demand payment of amounts due (known as "presentment'), b give notice that amounts due <br />have not been paid (known as `notice of dishonor"), and u obtain an official certification of <br />nonpayment (known as i`protest" ). <br />18. Notice. Any notice that must be given to the Maker under this Note shall b e <br />given by personal deli r or by mailing it by certified mail addressed to the Maker at the <br />Property address above or such other address, as Maker shall direct from time to time in writing. <br />Failure or delay in giving any notice required hereunder shall not constitute a waiver of are <br />default oa late payment, nor shall it chanae the time for any default or payment. Any notice to <br />the Molder shall he given by certified mail at the address stated above. <br />190 Successors Bound. This Note shall be binding upon the parties hereto and their <br />respective heirs, successors and assigns. <br />0. Effie c t of Foreclosure. If title to the Property is transferred by foreclosure or <br />acceptance of a deed in lieu of foreclosure, or a s i gmmen t of the First Dien to the Secretary of the <br />Department of Housing and Urban Development, the Agreement, the Affordable Dousing Resale <br />F stri Lion executed pursuant to the Agreement, Notice of Affordability Restrio tion and the <br />Agency Deed of trust shall be automatically tenpin ate d and shall have no further effect as to the <br />Property or any transferee thereafter. <br />[Signature black begins on fallow page.] <br />XHIBIT B-8 To ATTACHMENT NO. 11 <br />Promissory Dote <br />DO 14 73v 14/200272 - 1 <br />
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