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25
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2011
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081611
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25
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8/10/2011 1:54:51 PM
Creation date
8/10/2011 1:13:00 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
8/16/2011
DESTRUCT DATE
15Y
DOCUMENT NO
25
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c <br /> 83-070965 <br /> • <br /> DECLARATION <br /> Valley Business Associates hereby amends and mod <br /> f .. <br /> ifies the Declaration as follows: <br /> For the purpose of the loan transaction described <br /> in Paragraph B, above, relating to Lot A , and for such <br /> purpose only, the term "first Mortgage" as used in Section <br /> 16.7 of the Declaration shall include the deeds of trust or <br /> mortgages executed by Buyer in favor of Barclays and the <br /> Small Business Administration ("SBA")- so -tang as the amounts <br /> of the deed of trust or mortgage in favor of the SBA does <br /> not exceed $433 ,000 .00, and the sum of the amounts of both <br /> deeds of trust or mortgages does not exceed $1,050 ,000 .00 . <br /> This amendment and modification is made pursuant <br /> to the power granted to Valley Business Associates under the <br /> Declaration, particularly Sections 10 .2 and 13.3 thereof. <br /> Except as amended and modified hereby, the Dec- <br /> laration is and shall remain in full force and effect. <br /> Executed as of the date first set forth above. <br /> Valle Business Associates, <br /> a iornia, eene •al partnership <br /> BY lit. . 4� p a_ vii mRe*f <br /> ' , Managing Par 'ner <br /> Byrl , II ' is. . . , � v <br /> — , Managing Partner <br /> (ACKNOWLEDGEMENTS) • <br /> -2- <br />
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