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80A - JOINT - LOAN AGMT AMCAL
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02/07/2017
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80A - JOINT - LOAN AGMT AMCAL
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Last modified
2/2/2017 4:09:44 PM
Creation date
2/2/2017 3:55:17 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
80A
Date
2/7/2017
Destruction Year
2022
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riots; floods; earthquakes; fires; casualties; acts of God or other deities; acts of the public enemy; <br />epidemics; quarantine restrictions; freight embargoes; lack of transportation; governmental <br />restrictions or priority; litigation; unusually severe weather; inability to secure necessary labor, <br />materials or tools; delays of any contractor or supplier; acts of the other party; acts or failure to <br />act of the Agency or any other public or governmental Agency or entity (except that any act or <br />failure to act of Agency shall not excuse performance by Agency); or any other causes beyond <br />the reasonable control or without the fault of the party claiming an extension of time to perform. <br />An extension of time for any such cause shall be for the period of the enforced delay and shall <br />commence to rum from the time the party claiming such extension gives notice to the other party, <br />provided notice by the party claiming such extension is given within thirty (30) days after the <br />commencement of the cause. Times of performance under this Note may also be extended in <br />writing by the Agency and the Borrower. <br />24. Assignments. <br />The Agency, and the assignee of the Agency, shall have the right to assign this Note and <br />the Deed of Trust securing this Note, without any further act of Borrower. The assignee shall <br />give notice to Borrower as soon as practicable after such assignment. <br />12 <br />80A -210 <br />
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