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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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C. The obligations of H meb u er under this Reimbursement Agreement shall <br />be absolute and Homebu er waives any and all ri gb is to offset, deduct or withhold any payments <br />or charges due under this Reimbursement Agreement for any reasons whatsoever. <br />rl. Homebu firer waives presentment, demand, notice of protest and <br />nonpayment, notice of default or delinquency, notice of acceleration, no tree of costs, expenses or <br />leases or interest thereon, notice of dishonor, d i li enee in a lle etion or in proceeding against any <br />of the rights of interests in or to properties securing of this Reimbursement Agreement, and the <br />benefit o f any exemption under any homestead exemption law. * if applicable. <br />ee No previous waiver and no failure or delay by Agency in acting with <br />respect to the terms of this Rey mb u rs erne nt Agreement shall constitute a waiver of any breach, <br />default, or failure or condition u rider this Reimbursement Agreement. A waiver of any term of <br />this Reimbursement Agreement must be made in writing and shall be limited to the express <br />written terms of such waiver. <br />Attorneys' Fees and Costs. H meb u er aa0 rees. that if any amounts due under <br />this Reimbursement Agreement are not paid when due, Homebu er shall pay} in addition, all <br />costs and expenses of collection and reasonable attorneys' fees paid or incurred ire connection <br />with the collection or enforcement of this Reimbursement Agreement, whether or not suit is <br />filed. <br />7* Miscellaneous. <br />a. Term of Agreement. This Reimbursement Agreement shall take effect <br />upon the date set forth in the first paragraph hereof and shall terrain ate upon the final payment in <br />full of the Loan. <br />be Successor i s Deemed Included in All References to Predecessor. <br />Whenever in this Reimbursement Agreement either H mebu er or Agency is named or referred <br />to, such reference shall be deemed to include the successors or assigns thereof, and all the <br />covenants and agreements in this Reimbursement Agreement contained by or on behalf of <br />Horeb u yer or Agency shall bind and inure to the benefit of the respective successors and <br />assigns thereof whether so expressed or not. <br />CO Amendment Homebu r and Agency may alter, modify or cancel, x <br />agree o r consent to alter, modify or cancel this Reimbursement Agreement by a writing executed <br />by both of them at any time. <br />d. Notices. All notices, certificates or other communications hereunder shall <br />be sufficiently given and shall be deemed to have been received in the manner and to the <br />addresses set forth in Section 24 of the Restriction. <br />e. Further Assurances and Corrective Instruments. Homebuyer and the <br />Agency ag ree that they s h all, from time to time, a eeu to, aeknowle d fie and d eli er, or c au se to b e <br />executed, aeknowled fie d and delivered, such supplements hereto and such fu rt her instruments a s <br />may reasonably be required. <br />ATTACHMENT NO. 4- TO ATTACHMENT Igo. 11 <br />To Affordable Housing Resale Restriction <br />Reimbursement Agreement <br />Doe 1 4}0673 v l 4/20027 -000 1 <br />
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