PROMISSORY NOTEPromissory Note • October 16th, 2018
Contract Type FiledOctober 16th, 2018This Promissory Note (the "Note") replaces in its entirety the promissory note executed by Terrace Glen Partners, L.P., a California limited partnership for the benefit of Holder dated November 4, 1996, as superseded by that certain promissory note dated August 5, 1998, evidencing the obligation to pay the amount of Eight Hundred Fifty-Six Thousand Dollars ($856,000) of HOME Funds (the "Original Note"). All disbursements under the Original Note will be deemed to be disbursed under this Note. Upon execution of this Note by Borrower, the Original Note will automatically terminate and will be returned to Borrower by the Holder.
PROMISSORY NOTEPromissory Note • October 2nd, 2018
Contract Type FiledOctober 2nd, 2018This Promissory Note (the "Note") replaces in its entirety the promissory note executed by Terrace Glen Partners, L.P., a California limited partnership for the benefit of Holder dated November 4, 1996, as superseded by that certain promissory note dated August 5, 1998, evidencing the obligation to pay the amount of Eight Hundred Fifty-Six Thousand Dollars ($856,000) of HOME Funds (the "Original Note"). All disbursements under the Original Note will be deemed to be disbursed under this Note. Upon execution of this Note by Borrower, the Original Note will automatically terminate and will be returned to Borrower by the Holder.
PROMISSORY NOTEPromissory Note • September 26th, 2017
Contract Type FiledSeptember 26th, 2017This Promissory Note (the "Note") replaces in their entirety the following promissory notes executed by Resources for Community Development, a California nonprofit public benefit corporation, as assigned to112 Alves Lane Partners, a California limited partnership, for the benefit of Holder: (i) promissory note dated October 29, 1993, evidencing the obligation to pay the amount of Four Hundred Forty Thousand Dollars ($440,000) of HOME Funds; (ii) promissory note dated October 29, 1993, evidencing the obligation to pay the amount of Seventy Thousand Dollars ($70,000) of CDBG Funds, and (iii) promissory note dated April 3, 1993, evidencing the obligation to pay the amount of Four Hundred Forty Thousand Dollars ($440,000) of Housing Funds; (collectively, the "Original Notes"). All disbursements under the Original Notes will be deemed to be disbursed under this Note. Upon execution of this Note by Borrower, the Original Notes will automatically terminate and will be returned to Borrower by
PROMISSORY NOTEPromissory Note • September 26th, 2017
Contract Type FiledSeptember 26th, 2017This Promissory Note (the "Note") replaces in its entirety the following promissory note executed Camara Housing Associates L.P., a California limited partnership for the benefit of Holder: promissory note dated July 25, 2000, evidencing the obligation to pay the amount of Eight Hundred Fifty Thousand Dollars ($850,000) of HOME Funds (the "Original Note"). All disbursements under the Original Note will be deemed to be disbursed under this Note. Upon execution of this Note by Borrower, the Original Note will automatically terminate and will be returned to Borrower by the Holder.
PROMISSORY NOTEPromissory Note • September 26th, 2017
Contract Type FiledSeptember 26th, 2017This Promissory Note (the "Note") replaces in their entirety the following promissory notes executed by Resources for Community Development, a California nonprofit public benefit corporation: (i) promissory note dated May 29, 1997, evidencing the obligation to pay the amount of Three Hundred Forty-Two Thousand Dollars ($342,000) of HOME Funds; and (ii) promissory note dated May 5, 2015, evidencing the obligation to pay the amount of Five Hundred Thirty Thousand Dollars ($530,000) of HOPWA Funds (collectively, the "Original Notes"). All disbursements under the Original Notes will be deemed to be disbursed under this Note. Upon execution of this Note by Borrower, the Original Notes will automatically terminate and will be returned to Borrower by the Holder.