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i <br /> against finer damages, the inured party may not institute proceedings against <br /> the P~ in default until thirty ~3 a~ days a.tt'ter giving such notice. Failure or delay <br /> in giving such notice shall not constitute a waiver of any default nor shall it <br /> <br /> _ change the time of default. <br /> ~io~erning Lave. This agreement shall be ga~eed b~ the lames of the Mate of <br /> California. Any legal action brought under this Agreement must be insti.ted in <br /> the Superior court of the bounty of grange, State of California. <br /> endment of Ag_re~~ent. No modificationx rescission, ~raiver, release or <br /> amend~.ent of any provisions of this agreement shall be made except by written <br /> agreement executed by the parties hereto. <br /> S. A._ gency l~Iay Assign. Agency 1nay, at its option, assign. its right to receive <br /> repayment ~rithout obtaining the consent of Olson, <br /> 9. asignYnent Prohibited. In no event shall Olson assign 4r transfer any portion of <br /> this Agreement without the prior express written consent ofAency's Executive <br /> Director, v~hich consent may be given or v~ithheld in Agency's sale and absolute <br /> discretion. No assumption of the Agency ~bligatian shall be permitted at any <br /> tune. This section shall not prohibit Agency's right to assi all or an ortion of <br /> yP <br /> its rights to the proceeds of the dote hereunder. <br /> 1 a. Entire A cement. This Agreement constitutes the entire understar~dix~ and <br /> agreement ofthe parties. This Agreement integrates all ofthe terms and <br /> conditions mentioned herein or incidental thereto, and supersedes all prior <br /> { <br /> negotiations, discussions and previous agreements between concerning all or any <br /> } <br /> part ofthe subject matter ofthis Agreement, <br /> l 1. Effect of Restated anal Amended Aree~nen, The Agency and Olson a ee and <br /> gr <br /> acoledge that the original Agreement, ~rhich dais Agreement amends and <br /> restates, is and shall be null and void for any and all purpose, a~,d that Agency, <br /> upon receipt of the Proanissory dote, shad void that certain, Promissory dote <br /> executed by ~~son. dated June 16, off, and return said Promissory dote to him. <br /> aTT~`; I~~14~1~IU~IT R~IIE'~~I~~P~~T _ . <br /> ANC OF TAE <br /> i <br /> CITE ATA A~~,; <br /> PATRIO~A . MEALY' STEP E DI.NC <br /> Secretary Executive Director <br /> ~s~gnatures continued on next page <br /> Page 3 <br /> <br />