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25B - AGMT SA VETERANS VILLAGE PROJ
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25B - AGMT SA VETERANS VILLAGE PROJ
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Last modified
11/29/2018 7:41:30 PM
Creation date
11/29/2018 7:37:51 PM
Metadata
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
25B
Date
12/4/2018
Destruction Year
2023
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DR xt FT- DO NOT EXECUTE <br />4, Amendments. Amendments to this Agreement shall be in writing and signed by all <br />the parties hereto. <br />5. Govemine Law. This Agreement shall be construed in accordance with and be <br />governed by the laws of California. <br />6. C,:ountgparts. This Agreement may be executed in several counterparts, each of which <br />shall be an original and all of which shall constitute one and the same instrument. <br />7. Severabil!y. In the event any provision of this Agreement shall be held invalid or <br />unenforceable by any court of competent jurisdiction, it shall not invalidate or render unenforceable <br />any other part of this Agreement. <br />NOTICE: THIS SUBORDINATION AGREEMENT CONTAINS A <br />PROVISION WHICH ALLOWS THE PERSON OBLIGATED ON YOUR REAL <br />PROPERTY SECURITY TO OBTAIN A LOAN, A PORTION OF WHICH MAY BE <br />EXPENDED FOR OTHER PURPOSES THAN IMPROVEMENT OF TETE LAND. <br />IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date <br />first above written. <br />LOCALITY: <br />CI'T'Y OF SANTA ANA, a <br />charter city and municipal corporation <br />Narnc. <br />Attest: <br />Cleric of the Council <br />Attorney <br />SNI R' Subordination Agrcemem (City or Sam Ana) <br />Santa Ana Veteran Village; C2I1117A No, 17-047•M <br />I Vt1929t8.PCs%jud-H <br />r <br />-4- <br />BORROWER: <br />SANTA ANA VILLAGE LP, a <br />Califorlua limited partnership <br />By: JHC-Santa Ana Vilhige LLC, a <br />California limited liability company <br />Its: managing general partner <br />By: Jamboree Housing Corporation, <br />California nonprofit public benefit <br />corporation <br />Its: manager <br />Nalne__kt I LtkrC . iVl� SS i a <br />Title: WCC4� Sfi71 nSj <br />
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