My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
5. HRSR 05-02-2011
ElkRiver
>
City Government
>
Boards and Commissions
>
Housing & Redevelopment Authority
>
HRA Packets
>
2010-2019
>
2011
>
05-02-2011
>
5. HRSR 05-02-2011
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/29/2011 9:47:54 AM
Creation date
4/29/2011 9:47:53 AM
Metadata
Fields
Template:
City Government
type
HRSR
date
5/2/2011
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
24
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
11. Assignability. Borrower shall not assign this Agreement or all or any part <br />of any Advances to be made hereunder without written consent of Lender. <br />12. Miscellaneous Covenants of Borrower. Borrower covenants and agrees <br />with Lender that, without costs to Lender, Borrower will: <br />(a) Performance of Conditions. Promptly keep, perform and comply with all <br />of the terms, covenants and conditions to be kept and performed by <br />Borrower, as required by the City and any other governmental body <br />having jurisdiction over the Loan Property as a condition of platting, <br />rezoning or developing the Loan Property; keep unimpaired the rights of <br />Borrower under any permit or agreement issued or made by the City or <br />other governmental body having jurisdiction over the Loan Property and <br />the Construction Contracts and any other contracts obtained or held by <br />Borrower in connection with the construction or operation of the <br />Improvements; and to enforce the prompt performance of all of the terms, <br />covenants and conditions to be kept and performed by the City or other <br />governmental body having jurisdiction over the Loan Property, <br />respectively, under any permits or agreements issued or made by the City <br />or such other .governmental bodies, or by the architect or other design <br />professional, the general contractor and any other contractors under all <br />contracts obtained or held by Borrower in connection with construction or <br />operation of the Improvements. <br />(b) Amendment, Etc. of Documents. Not amend, cancel, terminate, <br />supplement or waive any of the material terms, covenants and conditions <br />of any permit or agreement issued or made by the City or any other <br />governmental body having jurisdiction over the Loan Property, or any <br />other contracts obtained or held by Borrower in connection with the <br />construction of the Improvements or operation of the Loan Property or any <br />contracts, documents or agreements referred to herein without the prior <br />written approval of Lender. Borrower will provide to Lender complete <br />documentation concerning any change made to the Improvements. <br />(c) Performance of Note, Mortgage, Etc. Without limiting the foregoing, <br />keep and perform all of the terms, covenants, conditions and requirements <br />of the Note, the Mortgage, and this Agreement. <br />(d) Insurance. During the term of the Mortgage, Borrower shall procure and <br />maintain or cause to be procured and maintained at its sole expense <br />builder's risk insurance, casualty insurance, public liability insurance and <br />such other types of insurance as are reasonably required by Lender from <br />time to time, including, without limitation, the coverages expressly <br />required by the Mortgage, insuring Lender and Borrower with coverages, <br />in amounts and with companies satisfactory to Lender. The policy or <br />385593v3 JSB EL185-12 <br />-7- <br />
The URL can be used to link to this page
Your browser does not support the video tag.