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5. Change orders will be issued only with the written approval of the City of <br />Centerville EDA staff. No change order will be issued decreasing the private <br />loans such that the private loan is less than the loan from the CVEDA <br />Revolving Loan Fund. <br />6. I agree to abide by the regulations as listed, and the City of Centerville EDA <br />Revolving Loan Program Handbook. Upon failure to comply with any or part <br />of the above, the City of Centerville EDA may enforce the Revolving Loan <br />Program and note/lien through any lawful suit or action as permitted under <br />the laws of the State of Minnesota. <br />7. I understand that any inspection made by the City of Centerville under this <br />program is for purposes of determining the applicant's eligibility under this <br />program, and it is not intended to represent or warrant the condition of the <br />premises. <br />8. I further understand that making application in no way insures approval of <br />loans or guarantees funding. <br />9. I understand that "approval" means specific, written approval from both the <br />City and my financial institution. <br />10. I understand any work performed prior to specific written approval from both <br />the financial institution and the City will be considered ineligible unless <br />otherwise waived in writing by the City EDA and the financial institution <br />according to the guidelines. <br />Witness <br />Date <br />Fee Owner/Contract Purchaser: <br />Signature <br />Print Name <br />12 <br />