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in reduction of principal, the first such monthly payment to commence five years after the final disbursement of the entire loan to A Plus. The entire balance of principal and interest will be due ten years after the due date of the first monthly payment. Interest will not begin to accrue until five years after the date of final disbursement of the entire loan. If any' of the six departments listed above (i.e. offices, warehouse, assembly, hardware, arc welding, spot welding) are eliminated at the Site, 1/6 of the loan and 1/6 of the accrued interest will be repaid within 6 months after the elimination of each such department. In any event, if A Plus has not removed all of the equipment listed on Exhibit A from the Site by August 30, 1993; the entire amount of any loan will then become immediately due and payable. This loan will be assumable if A Plus is not in default in this agreement, provided any party assuming the loan shall also, at City's option, assume the obligations of A Plus under this agreement. This loan will be made available whether the equipment is relocated to a site within or outside of Roseville. 3. A Plus will immediately begin a search for a new facility into which to move the equipment listed on Exhibit A. If it acquires a site in Roseville for this purpose, City will work with A Plus to provide land and financing to the extent it is able to do so, but this agreement shall not impose any obligation on City to provide any particular subsidy, financing or other assistance. 4. A Plus may enter into a purchase agreement for a new facility that is contingent upon the loan provided for in this agreement, and if it does so City will fund the loan by depositing $300,000 in escrow within 30 days of a written request from A Plus. 5. In order to comply with building and zoning codes to the maximum extent and to settle differences of opinion with respect to the applicability of certain codes to the operation of A Plus on the site, A Plus agrees to construct and maintain an eight foot high natural cedar fence along the total distance of A Plus's south property line. This fence will be constructed of rectangular one inch by six inch cedar boards with sufficient sized posts and cross bracing to withstand normal climate conditions. The boards will be between one inch and four inches from the ground and will have zero spacing. This fence will be constructed to normal commercial standards. the section of the fence adjoining the Koehler/Mulder property shall be twelve feet high, unless Koehler and Mulder shall elect to have that portion of the fence be eight feet high. Since the A Plus property adjoins only a portion of the Schriefel property, the fence will not be constructed along the Schriefel property line unless, with the cooperation of the adjoining owner, it can be extended the full length of the Schriefel property line. City will process a permanent variance for this fence, for the setback of the present 2