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a rl - r. uf <br />Jil n ri 1 n 4 1 i tut - Ii - I f i 1 '� I C i t wx� Ill ill L,'.[- - i. - . .3 <br />.1 - 'I an <br />twonstitutiorial or statutorl limitatiori, i,,ry not payable f roTri <br />tir a ciiarqu, upon �oy tund:i othor tliwi ti-,? ruvenues and <br />procoud- pludgod to fhu payi-aunt; t1je-ruot, afia ju ILjt- 9;v,- ti.-, <br />to a p"Cuniary liability ')[ tho �'jty lica, tc� L.Itl t 'X ('i-711 I- <br />purmittrd by law, of any of ils (-Mct�rg, <br />nnA rn hnjoj�vr or <br />any exarcixr of the taxinq power of the City to pay this Note <br />or the interest thereon, or to enforre pam.ent thor(ion, or to <br />ontorcle paymont theroof %q4inbt any propi?rty o! the City, and <br />this Not# drion not censtituto a charge, lion or encumbrance, <br />legal or *quit.Ablm, upon kny property of the Cityt 4nd the <br />agroom*nt of the City to perform or cauaq the performance of <br />thfi covenants and other provisions herein retorted to shall be <br />6ubject at all times to the availability of revenues or other <br />fundx furniahod for such purpose in avaoLdanp.e with the Loan <br />Agreement, sofficient to pay all costs of such performance or <br />, the tnforaement thereof. <br />14. Tt in 4greud that tim& is of the essence of <br />thiz Nctn. in tho cvont of failure by trio CI,Ly to pay any <br />monthly installment of principal or interest witoin ton uays <br />after the du4 date, or any premium ov Penalty due hereunder, <br />or upon the failure to curt an Event of 00fault shall occur, <br />im th* lortgagiti, this Aimigrau.,it of L4"08 and- <br />ftntst Or in the Loan Agreement, all of ever date herewithl! <br />then the Pay" shall have the right and option to aselate, <br />thirty -(201- written naiiatt al - a remaining <br />U d;y &I &nd - - Z.: <br />rettedness, of un agid princi AAJC interest, <br />..'-ItAUshood bv this Wait* *--A? Q ""j &""'a <br />ft-wWratse Oftion at any- tim-awl -not ­cowst- Itu" A* <br />waLver of the righ- to exesrcine the same at,aay__sub2*IjLWAt <br />IS* :The romeddLim -of the ft"tri; to %�v�vjdod <br />ht tom -W. <br />#qqI As A -at -2 <br />ic t <br />V= <br />.4M�ftn*truwtL*n--Loan A9v4~#-- shall be - <br />AM _Zonc arx"t And may -be. puvsijjA - 4140gi, P <br />OT, toq*thor# at the sold discretion of tA4 <br />May �ba <br />-Shall bacurl ind the failure to asarcise any such riqht or <br />r"My shAII.Ln no event be conptruod As a waiver or <br />leave thereof <br />The . F�4 -hall not be deem2d,...byany <br />yve a -*at <br />or ammission, to have waivVia"T of its rights <br />or- remedies hersundec unless such waive a n writing. aA <br />signed by the ho-Id-er and-, -then o-n-ly-to-the extent specifically <br />H <br />_10- <br />