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1983-102
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1983-102
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Last modified
3/28/2023 3:08:25 PM
Creation date
3/28/2023 3:04:57 PM
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Resolutions
Resolution Number
1983-102
Approved Date
10/19/1983
Subject
Providing for the financing of the acquition construction & equipment of a
120 Bed Nursing Home Facility located on 37th Street, Providing for Industrial
Development Revenue Bonds (Florida Health Facilities Project)
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en tit l..?,l t,) recover a deficiency judgment for t.he balance, if <br />~n1, lu~ .1n..l r,ayc1.ble hereunder. <br />( J) The Trustee may take any action or ~xercise any <br />ri,Jht :)[' ~)rivilege, with respect to the Project, as is or may be <br />per::iittt1tl by .secured creditors generally under the laws of the <br />St.at~. <br />Section 9,3 No Remedy Exclusive. No remedy herein <br />conferre..l upon or reserved to the Issuer or the Trustee is <br />intenJe~ to be exclusive of any ot~ir available remedy or <br />re~eJi~s, but each and every such remedy shall be cumulative and <br />:;hall i)e in addition to every other remedy given under this <br />:qr2e1:ient or nm.-or hereafter existing at law or in equity or by <br />:H . .:it:1te. :io Jelay or omission to exercise any right or power <br />accruin1 upon any default shall impair any such right or power or <br />::ihctll :J~ -::onstrued to be a waiver thereof but any such right or <br />po.;er .aay be exercised from time to ti,ne and as often as may be <br />lee,rtl!J eX:Jedient. <br />5ection 9,4 Agreement to Pay Attorney's Fees and <br />:::x::}enses. In ti1e event the Borrower should default under any of <br />tile ,JL}VLiions of this Agreement and the Issuer or the Trustee <br />(in i~s own name or in the name on behalf of the Issuer) should <br />e1:19l,Jy ,-it.torneys or incur other expenses for the collection of <br />the ::oc.~ or the enforceme.nt of perfor-mance or observance of any <br />".JbliJ~ti.:in or :i.greement on the part of the Borrower herein <br />c;ont:i.1:1~u, tile Borro,ver will on d2mand therefor pay to the Issuer <br />or r.he ~•::-us::.~e, ,-is tile case may be, the reasonable fee of such <br />dttorne1s ~nd such other expenses so incurred, <br />3ectian 9,5 No Additiona l Waiver Implied by One Waiver. <br />In the •iv<2nt a.n, agreement contained in this Agreement should be <br />~r,?,lC;tc,1 ;)y •lither party and thereafter waived by the other <br />r,art'/, sucil ,.,,aiver shall be limiteu to the particular breach so <br />waive~ Jnj shall not be ~eemed to waive any othe r breach <br />hercun,i~r. <br />-4'1-
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