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75A - PH 1901 East First St
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Last modified
11/15/2013 9:26:31 AM
Creation date
11/15/2013 9:01:16 AM
Metadata
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Planning & Building
Item #
75A
Date
11/18/2013
Destruction Year
2018
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requested by any proposed Mortgagee for the purpose of implementing <br />the Mortgagee protection provisions contained in this Section 8 and <br />allowing such Mortgagee reasonable means to protect or presence the lien <br />and security interest of its Mortgage hereunder, clarifying the non - <br />applicability of the provisions of this First Amended and —R-Qstate-d <br />D yel4Lent Agreement to such Mortgagee as it relates to parcels other <br />than the Mortgage Parcel, and /or such other terms and provisions as are <br />customarily required by Mortgagees (taking into account the customary <br />requirements of their participants, syndication partners or ratings <br />agencies) in connection with any such financing; provided, however, that <br />no such Estoppel Certificate shall in any way materially adversely affect <br />any rights of the City or increase any obligations of City under this First <br />Am- ftded-and-Restated -Do als? r Agreement. <br />8.12 Conflicts. If there is any conflict between this Section 8 and any other <br />provision contained in this First Am- ended. -anal- F_es_tator Devolopment <br />Agreement, this Section 8 shall control, <br />9. MISCELLANEOUS PROVISIONS. <br />9.1 Rules of Construction. The singular includes the plural; the masculine <br />gender includes the feminine; "shall' is mandatory; "may' is permissive. If <br />there is more than one signer of this First _AL QrLded -. -and_ restated <br />P lor�-tt'teW Agreement, their obligations are joint and several. <br />9.2 Entire Agreement, Waivers and Amendments. This Elrst Amended <br />and Restated C?evelo.WeDt Agreement constitutes the entire <br />understanding and Agreerneatagreo en of the parttesPartieas with respect <br />to the matters set forth in this fimt Amended and Restated <br />PyXq Qament Agreement. This First Amended and R-eatated <br />Cevetonmen-t Agreement supersedes all negotiation or previous <br />Agr emsrrtsagreemente between the parties `es respecting this El st <br />Amended 4nd_ Restate ®eveiot�ment Agreement. All waivers of theLAny, <br />provision of this Agreement <br />must be in writing and signed by the appropriate authorities of City or of <br />Owner, All amendments to this First Ar doel._and —Re—sl ,e <br />Qey A]gW Agreement must be in writing signed by the appropriate <br />authorities of City and Owner, in a form suitable for recording in the <br />Official Records of Orange County, California. Upon the completion of <br />performance of this First Amended_. and- _3?tate� e e me <br />Agreement or its revocation or termination, an appropriate Certificate of <br />Completion acknowledging such occurrence signed by the appropriate <br />agents of Owner and City shall be recorded in the Official Records of <br />Orange County, California. <br />63WaaMAJ902-37W 554±1883205 —26— <br />75A -82 <br />
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