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RES 2005
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RES 2005
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Last modified
6/16/2026 11:28:58 AM
Creation date
6/16/2026 11:26:10 AM
Metadata
Fields
Template:
Administration
Code
ADM 05000
Document
ORDINANCES & RESOLUTIONS
Destruction
PERMANENT
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by GEM LAKE or WBL to:the: BORROWER (or any entity.succeedingto th6inter6st of the BORROWER hereunder), then in. <br />alitll:case, GEM I1AKE or WBL may institute and prosecute any proceeding*atlaw or in equity to abate,•prcvenc or enjoin any <br />such violation. <br />D. The BORROWEI. (6e--anj+•entity succeeding to the interest of the <br />BORROWER hereunder) hereby agrees io pay, indemnifyand.hold OEM LAKE and •WBL. harmless from any and all costs and <br />expenses 0. <br />aftpey's fees) incurred by GEM .LAKE or WBL, whpther or not any proceeding has been filed. <br />E.. of an- morfea i-:tfie <br />refinancin oftlical3onds.or.an:::subse uent`.financin or:.trans 'offitle:'li deed`:in`lieu::of:forecl "sure <br />dsanie;fIiisMENJJt '©E.CLARATIONglialI:astamatically.termin,,tg,Ii if-s4:reW6#-such. <br />foreclosure or:deed:iii.lieu neither"tlie BORROW) It i6i :i'related rierson l"'.defined: ib.i ]:03=1� L)_ <br />tiie::TreasuriV RosYiils�ioris)'nar::Kelly` BrotEier's'lnVestments':1ibr:a "related':`nerson:to Kelly Qrothers <br />Investments .(as defiiicd:iii::1 t!43' i.0(e] of the:Treasury Re�dlatioiis):retains or::ofifains=aii<.ownecsliio <br />intec"the PROJECT:for'pui'noses of federal i0oii e'faxation. <br />R. This AMENDED. DECLARATION may not be amended without <br />the written consent.of:the BORROWER, GEM•I.AKE, and WBL. <br />(The remainder of this pgge is intentionally left blank.) <br />
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