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a. Source of Funds Loaned to Borrower. In order to assist Borrower in paying for the construction of a new two (2) bedroom accessory dwelling unit (ADU) on the Property, the City is using a portion of the funds from the Affordable Housing Fund ($58,824) and the federal HOME Investment Partnership Program funds ($241,176) as the sources of the loan from the City to Borrower in the amount of the original principal sum of the Note; the loan, which is evidenced by this Note, and a Loan Agreement between the parties of even date herewith. b. Property as Security. The Property shall serve as the security for the Deed of Trust executed in connection with this Note. 5. Notice. Any notice to one parry by the other party as provided for in this Note shall be given by mailing such notice by certified mail, by overnight mail, or with proof of service, addressed to the address stated below, or such other address as one party may designate to the other party: To Borrower: To City: Tri-Valley REACH City of Pleasanton 225 Spring Street PO Box 520/123 Main Street Pleasanton, CA 94566 Pleasanton, CA 94566 6. Acceleration. The indebtedness evidenced by this Note is secured by a Deed of Trust of even date herewith, and reference is made to the Deed of Trust for rights as to acceleration of the indebtedness evidenced by this Note. 7. Non-Recourse. This Note constitutes a portion of the construction costs for the new ADU on the Property. Borrow shall have no personal liability for any deficiency on this Note and the only remedy available to the City or any holder in due course shall be foreclosure pursuant to law as provided in the Deed of Trust securing this Note. The City may assign its right to receive the proceeds under this Note to any person and upon notice to Borrower by City all payments shall be made to such assignee. 8. Waiver. To the fullest extent permitted by law and except to the extent such rights are expressly provided in this Note, Borrower waives presentment, demand, protest and all other notices with respect to Borrower's obligations hereunder. 9. Expenses. The Borrower shall pay to the Lender on demand by the Lender all costs and expenses incurred by the Lender in connection with the collection and enforcement of this Note, including, without limitation, reasonable attorneys' fees and expenses and all court costs. 10. Law and Venue. The provisions of this Note shall be interpreted under the laws of