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<br />. <br /> <br />, <br /> <br />. <br /> <br />e <br /> <br />2. <br /> <br />You shall have paid the fees referred to in <br />Paragraph E of both Commitments to Bid. <br /> <br />3. <br /> <br />You shall have executed and delivered, and caused <br />the Borrowers described in the Commitments to <br />Bid to have executed and delivered, an acceptance <br />of the terms and conditions of this letter. <br /> <br />Without limitation of any of the provisions of the <br />Commitments to Bid or this letter, the offer evidenced hereby <br />is expressly conditioned upon our receipt of favorable written <br />rulings from the Internal Revenue Service regarding the trans- <br />actions contemplated by this letter and the Commitments to Bid <br />and of the opinions of counsel referred to in the Commitments <br />to Bid in form and substance satisfactory to us and our counsel. <br /> <br />We shall have no obligation to purchase your note if <br />all terms and conditions thereto have not been satisfied on or <br />before September 1, 1980. <br /> <br />Very truly yours, <br /> <br />Wells Fargo Bank, N.A. <br /> <br />~ ~d ," <br /> <br />The undersigned hereby accepts the foregoing and agrees to be <br />bound by the terms and conditions therein set forth. <br /> <br />Dated: <br /> <br />~ <br /> <br />COMMUNITY REDEVELOPMENT AGENCY <br />OF THE CITY OF SANTA ANA <br /> <br />By <br /> <br />Its <br /> <br />The undersigned hereby accepts the foregoing and agrees to be <br />bound by the terms and conditions therein set forth. <br /> <br />,s- <br /> <br />5E <br />