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??, ?oi?i•o??er A?S1?IlIi??tit Pra??1?31??i? ?r? rro e?et?t sl?all Bot•t'o?ve?' assign ar' tratisfei'
<br />???? par'tron of thrs Nate ?v?tl?arit tl?e prior e?lO?'ess written consent of the Aericy, which cariserit
<br />shall not ?tnr'easonabl be withheld, ea?cept pursuant to a transfer hicl? i permitted ot" approved
<br />pur'suarr# #o the terms of the Areernetit.
<br />?, 'Pez?ins? Ar?? ter'n?s riat separately defined Herein shall lla?e tl?e same meantt? ?
<br />set far#li in the Agreement.
<br />?4? Acce?cr'atiDYi acid ??he?' Relrieciies, [span; ?a? the occurrence of ate event of
<br />Default as defined in the Agreemet?t at?d deli?et•?r of notrce acid exprratiori of the cure period
<br />described tl?er'eit?, or ?h? Borrower selling, contracting to sell, grvirlg are ap#ror? to pur'cliase,
<br />C0?1ve?lrlg, leasrrig, frtr'tller' erlc?lrnbel'Irig, rllar"tgagll?g, asrgntng at' al tenattng ???? Borr'o?ver''s
<br />in#er'est irl Phase ?' father #lran the sale of eornpleted For?ale U?tts to rr?dtvldlt?i ilarne??t?ers ar'
<br />?? othei'?vle pertr?ltted o?' approved p?tr•s?aant to the Ar'eerneri#}, whether directly ar' i??directl??,
<br />??lYetl?er volrrt?tat'il? or irrvo??ttitaril?r ar bar apes#iari of 1???, ar an?F iriter'est in Phase ?, o?'
<br />s?tffer'irig its title, ar ari?? ra#eres# in Phase F to be digested, ?vlaetl?cr volun#ar'il? or' ir?voluri#ar'il?,
<br />?vrtliau# #lie cotiserit of tl?e Ae?ie? or' as otl?er?vise appt'oved o?' permitted under the Agreement,
<br />Aet?c? mad} at Aet?cy's optiati, declare tl?e opt#s#andir?g principal arnorrr?t of this Nate, toctl?r'
<br />?vitl? the t?ct? accrued and ?tr?paid ir7terest therean and other charges l?er'errnde?', at?d all other
<br />s?trns sec?rred h?l file Deed of Trrrst, to be due and pa?a?e ?rrtmediatel?, grid upori such
<br />declaration, s?rch prrricrpal and rnter'est at?d other sutras sl?a?? immediately became and be due and
<br />payable ?vithorrt demand or notice, alb as fur'tlier set forth in #lie Deed of Trrrst, All costs of
<br />collection, it?cl?tdir?g, l??tt not llrnlted to, t'easoriable attortle?s' fees and all ex??er?ses incrrrt'ed in
<br />caririeC#lan ?vl#l? pra#ectloti of, ar re?llza#ion on, the s?Clrl"rte for' t?hts Note, may be added to the
<br />priricrpal hereunder', acid shall accr"rie in?er?est as pra?ided her•e?n? Aget?cy shill at all times have
<br />the right to proceed against any pot'tiot? of the security far' #his Nate in such order and in such
<br />manr?er as such Aet?cy tnay consider appr'apr'i.#e, ?rthou# u?arvrr?g any r"lgh?s s?lth respect to
<br />atiy of the securit??, Arid dela?? or arnissian an the part of tl?e A?get?c? eta eerclsing a?l? right
<br />l?erertrider, under the Agreerrient or' under' the Deed of Trrrst hal l not operate as a waiver' of such
<br />tight, or' of and other right. No it??e or pay'#ial exercise of ray rth# ai' r'emed? herer???der a?'
<br />under tl?e Agt'eetnent or at?y other' docurneri# or' agr'eernerrt shall preclude other or' farther
<br />c?ercises thet'eof, ar' #lle exercise of any other right or remedy, Tl?e acceptance of payrner?t of
<br />any Burn payable Hereunder, ar part thereof, after the due date of such payrnen# shall riot be a
<br />?vai?er' of Agency's right to either t'eq?tire pr'alnpt payrnerit ?vlier? due of all other srrr??s payable
<br />lYereut?der' or to declare ate event of Default for fail?rre to make pran?pt or' catnpletc paymet?t?
<br />?, Successor#s and Assigr?s. ??her?ever "A,er?cy" is refer;i•ed to ire this Nate, such
<br />reference shall be deemed to include the ?otnt?ut?ity ?edeveloprnerit Agency of the pity of
<br />Santa At?a at?d its srrccesso?' and assigns, including, ?vrtlla?tt lrrnrtatian, any subsequent assignee
<br />or holder' of tills Note. All caverian#s, pra?isians and agreetnet?ts bar or on behalf of Bot'ra?vei',
<br />and ot? behalf of any maker's, er7dorser's, girarantors at?d sureties ??er'eof v??l?ich ar'e coil#airied
<br />leer"ern shall it??rt'e to the berief?t of the Agency and Agency's successor's ar?d assigns.
<br />ATTAHNIENT N?. $A„5
<br />D?COC1??0??73tit131?D??7?-Q0? 1
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