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Inst 2009198747
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Inst 2009198747
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Last modified
7/17/2009 3:29:09 PM
Creation date
7/17/2009 3:29:08 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
5/7/2009
Recorded Document Type
Deed of Trust
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PERM
Document Relationships
RDA Agmt 2009 Scribner Family Partnership Ltd
(Reference)
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\City Clerk\City Council\Agreements\2009
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10.8 Action By Beneficiary. Except as may be otherwise specifically provided <br />herein, whenever any approval, notice, direction, or consent by the Beneficiary is <br />required or permitted under this Agreement, such action shall be in writing, and such <br />action may be given, made or taken by Beneficiary's Executive Director or by any <br />person who shall have been designated by Beneficiary's Executive Director, without <br />further approval by the governing board of Beneficiary. Beneficiary shall use <br />reasonable best efforts to respond to requests for any such approval, notice, direction, <br />or consent in a timely manner. In any approval, consent, or other determination by <br />Beneficiary required hereunder, Beneficiary shall act reasonably and in good faith. <br />10.9 Joint and Several Liability. If Trustor consists of more than one person or <br />entity, each shall be jointly and severally liable for the faithful performance of all of <br />Trustor's obligations under this Deed of Trust. <br />10.10 Time is of the Essence. Time is of the essence for each provision of this <br />Deed of Trust. <br />SIGNATURES ON FOLLOWING PAGE. <br />1177360-2 18 <br />
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