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(e) the occurrence of any act or omission of Borrower that <br />results in waste to or of the Property or the Improvements and which has a material adverse <br />affect an the value of the Property or the Improvements; <br />(fj the removal or disposal of any personal property or <br />fixtures or the retention of rents, insurance proceeds, or condemnation awards in violation of <br />the City Deed of Trust; ' <br />(g) the material misapplication of Loan Proceeds; <br />(h} the material misapplication of the proceeds of any <br />insurance policy or award resulting from condemnation ar the exercise of the power of <br />eminent domain or by reason of damage, loss or destruction to any portion of the Property or <br />the Improvements; and <br />(i} the failure of Borrower to pay all amounts payable <br />under the Note in full if Borrower Transfers the Property in contravention of the City <br />Documents. <br />IN WITNESS WHEREOF, Borrower has executed and delivered this Note as of the <br />date first written above. <br />BORROWER <br />ALAMEDA COUNTY ALLYED HOUSING PROGRAM <br />a California ~t]npii t public benefit torpor. ation <br />BY~ f ~~~ ~ <br />tive Director <br />1232840.4 <br />SECURED PROMISSORY NOTE <br />MI55ION BELL APARTMIrNTs <br />1232840.4 <br />