THEROUX, COLEEN ANN - Laserfiche WebLink

a. As part of this determination, City may, in its absolute discretion: i. waive current late fees which have accrued on the Note; ii. lower the interest rate on the Note; iii. revise the terms and repayment schedule on the Note to defer repayment of current amounts past due. 4. Borrower acknowledges that by making the Advance, the City is providing Borrower additional time to remain in her Home. In exchange, Borrower agrees that if a subsequent Notice of Default is issued for the Primary Mortgage which Borrower is not able to timely cure and reinstate, that the Borrower will cooperate to timely sell the Home to the City pursuant to Section 10 City's Option to Purchase Upon Default of the Restrictions. 5. This Amendment may not be modified or amended except in writing signed by Borrower and City. 6. Borrower does hereby waive presentment and demand for payment, notice of dishonor, notice of intention to accelerate, notice of acceleration, protest and notice of protest and non-payment and all other notices of any kind except as provided in the Note. No notice to or demand on Borrower shall be deemed to be a waiver of the obligation of Borrower or of the right of City to take further action without further notice or demand as provided for in the Note, the Deed or the Restrictions. Except as amended by this Amendment, the Note, Deed and Restrictions shall remain in full force and effect. The parties have executed this Amendment as of the date first written above. BORROWER City of Pleasanton (Lc Cul�� rad Ar Coleen Ann Theroux teven Bocian, Assistant City Manager Attest: 4& --)5d an Diaz, City 'erk J Approved as to Form: &4athan Lowel ttorney 2