Agmt 2006 Allied Housing Program (2)

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City: City of San Leandro 835 East 14th Street San Leandro, CA 94577 Attention: Executive Director Borrower: Alameda County Allied Housing Program 22245 Main Street, #204 Hayward, CA 94541 Attention: Executive Director With a Copy to: Gubb & Barshay 50 California St., Suite 3155 San Francisco, CA 94111 Attention: Scott R. Barshay, Esq. 7.2 COUNTERPARTS. This Agreement may be executed in multiple counterparts each of which shall be an original and all of which taken together shall constitute one and the same instrument. 7.3 SEVERABILITY. If any term, provision, covenant or condition of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, the remainder ofthe provisions shall continue in full force and effect unless the rights and obligations of the Parties are materially altered or abridged by such invalidation, voiding or unenforceabili ty. 7.4 LEGAL ACTIONS: ATTORNEYS' FEES. In the event any legal action is commenced to interpret or to enforce the terms of this Agreement or to collect damages as a result of any breach thereof, the Party prevailing in any such action shall be entitled to recover against the other Party all reasonable attorneys' fees and costs incurred in such action. 7.5 CAPTIONS: INTERPRETATION. The captions ofthe Sections and Articles of this Agreement are for convenience only and are not intended to affect the interpretation or construction of the provisions herein contained. The language of this Agreement shall be construed as a whole according to its fair meaning and not strictly for or against any Party. Time is of the essence in the performance C?f this Agreement. 7.6 FURTHER ASSURANCES. The Parties agree to execute, acknowledge and deliver to the other such other documents and instruments, and take such other actions, as either shall reasonably request as may be necessary to carry out the intent of this Agreement. 7.7 PARTIES NOT CO-VENTURERS. Nothing in this Agreement is intended to or shall establish the Parties as partners, co-venturers, or principal and agent with one another. 7.8 GOVERNING LAW: VENUE. This Agreement shall in all respects be construed and enforced in accordance with laws of the State of California without regard to principles of conflicts oflaws. The Parties consent to the jurisdiction of any federal or state court in the jurisdiction in which the Property is located ("Property Jurisdiction"). Borrower agrees that 818012-3 17