Laserfiche WebLink
3.7 RELATIONSHIP OF THE PARTIES. The relationship of Borrower and City under this Note <br /> is solely that of borrower and lender, and the loan evidenced by this Note will in no manner make City the <br /> partner or joint venturer of Borrower. <br /> 3.8 TIME IS OF THE ESSENCE. Time is of the essence with respect to every provision of this <br /> Note. <br /> 3.9 JOINT AND SEVERAL OBLIGATIONS. If this Note is executed by more than one person <br /> as Borrower,the obligations of each shall be joint and several. <br /> I IN WITNESS WHEREOF, Borrower has executed and delivered this Note as of the date first <br /> written above. <br /> BORROWER: <br /> Housing Consortium of the East Bay <br /> By: <br /> Darin Lounds, Executive Director <br /> Date: <br /> B-3 Promissory Note <br /> Capital Improvement Loan Agreement-HCEB <br />