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dated as of July 1, V99$ from ft.B6rr6wer 0 ft Lender (tile 'Assignment").. Alternatively,. the Mortgage fnay.nin to the City as mortgagee n which case it shall be assigned by the City to the Lender: 3. Documents Presented.. Forms of the-Lpah Agreemofit Loan Agreement Assignment. Mortgage and Assignment have been submitted to and are now QnSic, Findings. It is hereby found, determined and deblated t1iit.: (a) The issuance of the Note; the loaning of the proceeds. thereof and the assignment of the Loan Agreement from the City to the Lender as described above are Authorized to be undertaken by the City under the Act and serve the purposes -6f the Act., *(b) *The. Loan Agreement provides for. paymenta by the Borrower --to the Lender for the account of the. City of such amounts as will be sufficient to pay the principal of, premium, if any, and interest on the*Note when due. -(c.). The Note is ..not to be payable, from -nor charged upon any -funds other than 'amounts bayable by the Borrower pursuant to the Loan Agreement which amounts are pledged to the --payment. thereof.. and moneys derived from foreclosure or other enforcement of the Mortgage, the. Assignment iheiJ oan, Agreement Assignment; no holder of a Note shall ever -h6V.p the right to compel the exercise of the taking power of the. City- to paytheNote-or the interest thereon, nor to enforce PqMtnt thereof ag ainst the general funds or property of the City, other than the y Cit*'s iritdrogt in the Loan Agreement assigned to the Lender pursuant to the Loan Agreenieftt- Ass i gnment; the Note $Wffl not constitute a.charge, liein or encumbrance,.. legal or equitable; qpo4:any property of the -City other than the Loan Agreement;- and the Note does not constitute an indebtedness of the City within- the meaning of any constitutional or statutory limitation. 5. Ap proval and Execution of Documents. forms of -the Loan Agreement, 711e� Q MS , 0 Loan Agreement.Assignment,..MorLgageand Assign.x-neiit.ar.e.approved. 'MeLoan Agreement and Loan Agreement Assignment shall be executed in.the name and. on behalf of the May or. and City. Clerk, -or such other Persons who are otherwisepermitted to act in their stead are authorized. and -directed to execute the Loan Agreement and Loan Agf6eoie-nt Assignment, in substantially the form on-eile, but with . such changes thereto thavare not inconsistent wit.h.law as may be: approved-by,the persons executing the same upon the advice of spdcial.c6 - unsel to the. City, which. approval shall be conclusively evidenced by the execution thereof. The Mortgage and Assign m-ent may.contain such revisions from the forms nova on fll'e as may be approved by the Lender -and the Borrower. In the event the Mortgage Tuns directly to ft City, the Mayor and City Clerk shall also execut e an assignment thereof to the. Lender. 2