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<br />EXHIBIT 3 <br />26.Whenever this Agreement or any other Loan Document references a request that <br />requires the approval or consent of a party, then each party shall act reasonably and in good <br />faith in making any such request and responding to the request, but in no event shall either <br />party be required to agree to terms that are not specified in this Agreement or waive any <br />rights or privileges set forth herein. Whenever this Agreement references a party having <br />“sole and absolute” discretion, then that party may exercise its discretion for any reason or <br />no reason at all as that party may determine in its exclusive and independent judgment. <br />27.Notices. All notices, demands, approvals and other communications provided for <br />in the Loan Documents shall be in writing and be delivered to the appropriate party by <br />personal service or U.S. mail at its address as follows: <br />If to Developer:During Construction: <br />North Broadway Housing Partners LP <br />c/o 17701 Cowan Ave., Suite 200 <br />Irvine, CA 92614 <br />Attention: Chief Executive Officer <br />Following construction: <br />North Broadway Housing Partners LP <br />c/o Jamboree Housing Corporation <br />17701 Cowan Ave., Suite 200 <br />Irvine, CA 92614 <br />Attention: Asset Management <br />With a copy to:Rutan & Tucker, LLP <br />18575 Jamboree Road, 9th Floor <br />Irvine, CA 92612 <br />Attention: Patrick D. McCalla <br />Limited Partner Bank of America, N.A. <br />100 Federal Street <br />MA5-100-04-11 <br />Boston, MA 02110 <br />Attention: Asset Management <br />Facsimile: 617-346-2257 <br />and <br />and <br />Banc of America CDC Special Holding Company, Inc. <br />100 Federal Street <br />MA5-100-04-11 <br />Boston, MA 02110 <br />Attention: Asset Management <br />Facsimile: 617-346-2257 <br />Buchalter, a Professional Corporation <br />1000 Wilshire Blvd., Suite 1500 <br />22 <br />WISEPlace Permanent Supportive Housing <br />City HOME-ARP Affordability Restrictions on Transfer of Property