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wbrtl'1 all accrued 1nt'.ereo shall bear interest at the Dann{ of Amcrwa reverence rate on the dLW date <br />411 the delinquent payment plus four percent i;4%'1, No depay or omission on the {watt o the City ill <br />exercising any right under this Note or under any ofi the other f oan Documents ,,,hall operate as a <br />Waiver of such right. <br />Ill, Attorneys' Fees.. <br />If this City= Loan Note is not palid wwheri else or if any Event of De l'ALIft aareurs, Borrower <br />promises to play all costs of unl rrcemelnt and Collection, lncluulnng beat not limited to, reasonable <br />attrwrrluys" I",, whether or not any action or prroeceding is b1-might to euitbrcc the provisions <br />hereoi'l <br />M Se erabillty <br />Every provision of this Note is intendtA to be severable. Ill the event any terra or <br />provision hereof is declared by a court tr,l'' caruntpetent puliseliction, to be illegal or invalid for any <br />reison w ilaatsoewur, suclr illegality or invalidity shalt not aflcet the balarwe of the terms and <br />provisions, hureuf; which terms and provisions shall remain Mildnwg aml enforceable. <br />211, Number and sender. <br />In this Note the singular shall inctude the plural and the nwasuuline shall includu Ole <br />leminine and neuter gender:, and vice versa, if the context do requires- <br />21, Nun- recom-se. <br />The City Loan is a nonrecourse, obligation of the Horrowver. Nerthe.r Borrower nor any <br />other party shall have any personal liability firr repayment of the City Loan or tor any other <br />am offllt5 tn'rd.er any of the docurtwelwtatio11 evidencing, securing or describing tlwe tarty Loan. The <br />.;ole rccourse of City 4rnder this Note and the Deed of Trust l'or repayment of the City Loart and <br />tier sued other amounts arising therefrom shall be the esei —Ose 41l' its rights against the Property <br />and rehated security thereunder. <br />22. Subordination. <br />It is hereby expressly agreed and acknoww ledgtA by Borrower and City that the City tleed <br />of Trust is a subordinate deed op'" trutsL, and that this Note is subject aoll snhordinate to the Senior <br />Loan Deed ol'Truvt held by C ".iti C "ommimity Capital.. <br />23. Notice ofDefault. <br />to <br />25H -75 <br />