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Senior Indebtedness does not exceed the then outstanding principal balance of the Senior <br />Loan plus the costs incurred in securing the Refinanced Senior Indebtedness. <br />25. RESERVED. <br />26. RESERVED, <br />27. FORCE MAJEURE. <br />Notwithstanding specific provisions of this Note, performance hereunder shall not <br />be deemed to be in default where delays or defaults are due to: war; insurrection; strikes; <br />lock -outs; riots; floods; earthquakes; fires; casualties; acts of God or other deities; acts of <br />the public enemy; epidemics; quarantine restrictions; freight embargoes; lack of <br />transportation; governmental restrictions or priority; litigation; unusually severe weather; <br />inability to secure necessary labor, materials or tools; delays of any contractor or supplier; <br />acts of the other party; acts or failure to act of the City or any other public or governmental <br />City or entity (except that any act or failure to act of City shall not excuse performance by <br />City); or any other causes beyond the reasonable control or without the fault of the party <br />claiming an extension of time to perform. An extension of time for any such cause shall be <br />for the period of the enforced delay and shall commence to run from the time the party <br />claiming such extension gives notice to the other party, provided notice by the party <br />claiming such extension is given within thirty (30) days after the commencement of the <br />cause. Times of performance under this Note may also be extended in writing by the City <br />and the Borrower. <br />28. ASSIGNMENTS. <br />The City, and the assignee of the City, shall have the right to assign this Note and <br />the City Deed of Trust securing this Note, without any further act of Borrower. The <br />assignee shall give notice to Borrower as soon as practicable after such assignment. <br />{signatures on followingpage) <br />13 <br />The Crossroads at Washington <br />City NSP Loan Note <br />