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3 - LOAN AGREEMENT FOR AMCAL_2018-01-16
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3 - LOAN AGREEMENT FOR AMCAL_2018-01-16
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8/1/2018 9:24:34 AM
Creation date
2/14/2018 3:08:18 PM
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City Clerk
Agency
Community Development
Item #
3
Date
1/16/2018
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<br /> 12 <br />causes beyond the reasonable control or without the fault of the party claiming an extension of <br />time to perform. An extension of time for any such cause shall be for the period of the enforced <br />delay and shall commence to run from the time the party claiming such extension gives notice to <br />the other party, provided notice by the party claiming such extension is given within thirty (30) <br />calendar days after the commencement of the cause. Times of performance under this <br />Promissory Note may also be extended in writing by the Agency and the Borrower. <br /> <br />24. Assignments. <br /> <br />The Agency, and the assignee of the Agency, shall have the right to assign this <br />Promissory Note and the Deed of Trust securing this Promissory Note, without any further act of <br />Borrower. The assignee shall give notice to Borrower as soon as practicable after such <br />assignment. <br /> <br />EXHIBIT 3 <br />3-99
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