Laserfiche WebLink
<br />: ,¡ : <br /> <br />. <br />. <br /> <br />. <br />. <br /> <br />. <br /> <br />. <br /> <br />th i s Note and the interest and .other charges hereon are payable from, <br />and are secured by a charge and lien on, certain Revenue and collateral as <br />contemplated by the Resolution. This Note is a special obligation of the <br />Agency and is not a lien or charge against the property or funds of the <br />Agency, except to the extent contemplated by the Resolution. This Note is n.ot <br />a debt of the City of Santa Ana, the State of California, or any of its <br />political subdivisions and neither said City, said State, nor any of its <br />political subdivisions is liable hereon nor in any event shall this Note be <br />payable out of any funds or properties other than the Revenue and collateral <br />therefor, as contemplated by the Resolution. The faith and credit of the <br />Agency is not pledged to the payment of the principal of or interest on this <br />Note. This N.ote does not constitute an indebtedness within the meaning of any <br />constitutional or statutory debt limitation or restriction. <br /> <br />If an Event of Default (as defined in the Resolution) shall occur, all <br />or part of the principal amount .of this Note may be declared due and payable <br />upon the conditions, in the manner and with the effect provided in the <br />Resolution but such declaration and its c.onsequences may be rescinded and <br />annuled by the holder hereof as further provided in the Res.oluti.on. <br /> <br />This Note may be transferred by the h.older here.of by endorsing hereon <br />(or .on a paper attached hereto) the amount of principal paid here.on as of the <br />date of transfer. Notification of such transfer shall be promptly given t.o <br />the Agency f.or entry on the Note register maintained by the Agency pursuant t.o <br />the Resolution, of the name and address of the transferee. The agency may <br />treat the registered owner hereof as the absolute owner hereof for ~ all <br />purposes. <br /> <br />Any holder of this Note subsequent to its original purchaser is hereby <br />placed on notice of all payments of both principal and of interest on this <br />Note pri or to its transfer to such holder and all such subsequent h.o lders <br />hereby acknowledge that they have ascertained the actual unpaid principal <br />balance of this Note as .of the date of transfer of this Note to them and <br />hereby release the AGency fr.om all obligation as to all principal and interest <br />paid by the Agency prior t.o such date. <br /> <br />it is hereby certified that all of the things, conditions and acts <br />required to exist, to have happened and to have been performed precedent to <br />and in connection with the issuance of this Note do exist, have happened and <br />have been performed in due time, form and manner, and that the amount of this <br />Note, together with all other indebtedness .of the Agency, does not exceed any <br />limit prescribed by any laws of the State of California, and is not in excess <br />of the amount of the Note permitted to be issued under the Resolution. <br /> <br />IN WITNESS WHEREOF, the COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF <br />SANTA ANA has caused this Note to be executed in its name and on its behalf by <br /> <br />23 <br />