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Exhibit F <br />e. If a monetary event of default occurs under the terms of this Note or the City Deed <br />of Trust, prior to exercising any remedies thereunder City shall give Borrower written notice of <br />such default. Borrower shall have a period of seven (7) days after such notice is given within <br />which to cure the default prior to exercise of remedies by City under this Note and the City Deed <br />of Trust. <br />f. If a non - monetary event of default occurs under the terms of this Note or the City <br />Deed of Trust, prior to exercising any remedies thereunder, City shall give Borrower notice of <br />such default. If the default is reasonably capable of being cured within thirty (30) days, Borrower <br />shall have such period to effect a cure prior to exercise of remedies by the City under this Note <br />and the Deed of Trust. If the default is such that it is not reasonably capable of being cured <br />within thirty (30) days, and Borrower (i) initiates corrective action within said period, and (ii) <br />diligently, continually, and in good faith works to effect a cure as soon as possible, then <br />borrower shall have such additional time as is reasonably necessary to cure the default prior to <br />exercise of any remedies by City. In no event shall City be precluded from exercising remedies if <br />its security becomes or is about to become materially jeopardized by any failure to cure a default <br />or the default is not cured within one hundred eighty (180) days after the first notice of default is <br />given. <br />24. Insurance and Condemnation. <br />In the event of any fire or other casualty to the Project or eminent domain proceedings <br />resulting in condemnation of the Project or any part thereof, Borrower shall have the right to <br />rebuild the Project, and to use all available insurance or condemnation proceeds therefor, <br />provided that (a) such proceeds are sufficient to keep the City Loan in balance and rebuild the <br />Project in a manner that provides adequate security to City for repayment of the City Loan or if <br />such proceeds are insufficient then Borrower shall have funded any deficiency, (b) City shall <br />have the right to approve plans and specifications for any major rebuilding and the right to <br />approve disbursements of insurance or condemnation proceeds for rebuilding under a <br />construction escrow or similar arrangement, and (c) no material default then exists under this <br />Note or the Deed of Trust. If the casualty or condemnation affects only part of the Project and <br />total rebuilding is infeasible, then proceeds may be used for partial rebuilding and partial <br />repayment of the City Loan in a manner that provides adequate security for repayment of the <br />remaining balance of the City Loan. <br />25. Force Mai cure. <br />Notwithstanding specific provisions of this Note, performance hereunder shall not be <br />deemed to be in default where delays or defaults are due to: war; insurrection; strikes; lock -outs; <br />riots; floods; earthquakes; fires; casualties; acts of God or other deities; acts of the public enemy; <br />epidemics; quarantine restrictions; freight embargoes; lack of transportation; governmental <br />restrictions or priority; litigation; unusually severe weather; inability to secure necessary labor, <br />materials or tools; delays of any contractor or supplier; acts of the other party; acts or failure to <br />act of the City or any other public or governmental City or entity (except that any act or failure to <br />11 <br />251 -76 <br />