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the expiration of such period, Lender may, without further notice of demand on <br /> Borrower; invoke any remedies permitted by Section 21 hereof. <br /> 4.2 Non - recourse. Borrower shall have no personal liability for any deficiency on <br /> this Note and the only remedy available to the City or any holder in due course shall be <br /> foreclosure pursuant to law as provided in the Deed of Trust securing this Note. The City may <br /> assign its right to receive the proceeds under this Note to any person and upon notice to <br /> Borrower by the City all payments shall be made to the assignee. <br /> 4.3 Controlling Law. The provisions of this Note shall be interpreted under the laws <br /> of the State of California. <br /> 4.4 Attorney Fees and Costs for Payment. Borrower agrees to pay all costs and <br /> expenses related to the collection and reasonable attorney fees paid or incurred in connection <br /> with the collection or enforcement of this Note, whether or not a lawsuit is filed. <br /> BORROWER: <br /> A E) GIWA D. AGUILAR <br /> (NAME) <br /> (NAME) <br /> Walnut Hills Promissory Note <br /> Page 4 of 4 <br /> Revision as of 9/22/03 <br />