|
.r u°'sC�` L.
<br /> ' '=3-x.. ':�:J� " :c�:' _ ' '"�`«nw..s _.�..w.y'�'".— �.,µ_-v.-r ' .
<br /> �'�ai[- � '� _�.9 � - 'S_ - � . . .•. �ttr.y L�2�.1� h � '¢ xi' .
<br /> 'u`�� .�n' i#f�'t ���� 6 : r'. +� � .�. 1. � _ n- : r t �5'r�tbi��� �shHt3 Ra-.
<br /> t.``P... 4 C - . � � �`�` i .- `_ . �� t p��dLi �4;.��� h �5�'. '`^`��s.�. _ c� < Zy�9 }��rF�'` ih` ����,.
<br /> � i.. � .r - F • d�J "',,i�t,��l- ' � : �Yc4-... - - 1�)s �
<br /> -�17�w � ,$_ -_�`�'-�-- �'Y- ,XA;tkcr'-er-.• ,f-cf:f � �
<br /> S_,.�`� ?4 ' . . � , ',+��1 _
<br /> ��cr , .�.�i_�.
<br /> ! �
<br />--_:r�,,c ,_-y, ( - . . . , .. . • '��-_
<br /> �.=�a '�y....~�:�:; • . .
<br /> °�. . ,���...}' ��'���� tfar ,S�`�"4`
<br /> ,r..:�,;:. .
<br />'" ``.:;.;,�:.`. cccupanay ar teasing af ar�y dvuetttng untt in Ytie Properiy.any�other constderatton or dep
<br /> ' `s' th�Qrepayment o#ons montt�rent and a se�urity deposit not tu exceed one(1)add[8ana1 ereonth�rent �"�:���.
<br /> `�� . .
<br /> '.. �4�,�.,: . . .
<br /> <. ., 3. �perease t�a�rtt�orNisd Cc�ess Montn[y Rantal. L�nder actcnawtedges that HUD w3U �� `,�4��
<br /> ' �,�` a�nualty.publish�aU Martcot d2eats and�tadations ot rents affordabte ta houseAa(ds a�mtng 85°lo and `
<br /> -` . _ SO°!b of inedtan income�o tP�at Bortotver ca�estabtish necv EiQME Rents for HOME�SSIsted anits. � _ ,
<br /> �. - .:'' �� •
<br /> � .,.�� ' V�,
<br /> LeRdec shatt provide s�ch InfnrmaUon t�Borrower annustiy upon whtch Borrowet may tormafty
<br /> `� - request�ncurrence from tender gor�nY P�D�ed cer�t inixesss. Bo�ro�rer as�s�owrte�ges and agrges -
<br /> '`� t�at over-tncoma terranf.s,howeyer.��ill be�uined to Pay increased renis.l.�.30°lb of thetr adjusted
<br /> � � gross Il��me if tE►eir incomes are grsater than the occupancy ttmits to�tPe�unit they occuPY. 'The ' ,;�i-`
<br /> 5��� ;.. (.,f. p i s c a�Eh g�entence sh�ll not appty wtfh respectto tua�Qs made ava[iabte undorth�s partfor units that
<br /> a�
<br /> ,;:.<,>;. ,.:, .: have been altosatsQ:a tavr-(ncoine houstng tsgc credtt Dy a hcus ing c r e d i t ag e n c.y�u a s u a n 4 t a S e d i a t►
<br /> -' �%'� ' 42 of th�Intemay Revertue Code 1986(2&U.S.C.421. ,-��.;-_
<br />. ti�f '~ ;'.:��:� � '
<br /> � ` ig Lender appcaves the increase.Bomawer maK-i►+t�rfsmeM the increase at any time subJsct w � �,,
<br /> ` `� @�e tease tem►s an¢1l��nY daYs rtotice to the ter�anffi. During the term of thts�gnaenrtent 6orrower sha11 � ��___-
<br /> *� '`��*:" � �" � ate.flte gross month rental
<br /> � � . rtotKy�enants ir�Wr�ting of any rent increase which excee�.in the eggreg �►
<br /> • , .'. initIa atlowed w�der this Agreement , ��
<br /> �► ��W -
<br /> ... •• �f '�; r.�mra,stans_Bor[ow��agrees not to conver�ihe rer►tat units ta candomtnh�ms from the� ��=�_`-
<br /> ,� �� date consfn�c�on is comptsted for the tength of the Compltance Pedod. ��,_,�
<br /> � ��
<br /> ~`.._ � s, p�acriminatinn. Borrower agrees not to discrimfiaie from t11e date�hsbitita�on (S ' ���`-_
<br /> : �,~ fi , ,�
<br />,.'�<<�,.,';��,.�, . compJeted,forft��tength of the Compltance Pertod,against pm�tive tenants on the basis of their • 5 ,:__,
<br /> si�te or[ocal houstng assistanca �+'_�,
<br /> - - recetpt of.er etigibility,for,hausUg assistance under any fedara9, . 1���
<br /> __, �°� ; _; �,� . prvgram or on tt►e basis tl�at the tenants have a minor chitd or ct�tldren residing�iitA tbem. �?�•
<br /> ��'-.
<br /> � . ,..,;...- . —T--
<br /> � . ' g, _ Affirmative M�rkettng P�i r►- Borrower agrees to have In ptace and tm��ement an
<br /> .��� � � qfi�ative L1Aarketing plan for fength of��vmp(ianca Pertod. As part of satd AfflrmaUv�i��rketing � ---p
<br /> . Pi�n i�rrower shali: . � � � . �_
<br /> r'•
<br /> � a. AdaatE�fair hou�ing polfcy�vhich srdtes that 8ortower�if{�tdhete'tti•a11 ..., . . _
<br /> ;� � ;�. . � taws which proh(bit discrimina�on irt housing and wiil.tn en affirma�ua • �
<br /> y,�` �"� _ _ ' manner. market and tant units to all It�idvals reganf�ess of t�,. ° �.
<br /> "� � : , ,. ealar.reltgion.sex.�age.tamitiat status,ne�3icap.or naUanai odg(n;e�d -
<br /> . -� � . ,�,
<br /> � 4 ` ''� b. Use the Equat Housing Opportunity togo.slogan,or statement when , ----
<br /> ,.}� " • adve�ising the avaitabSitty of vacant units in all c�assifted adv�rtising; ____
<br />- .. . � _ 7. co.,ttote,�1{n t�cin8�►�11�1 Standards. Borrower agrees to perm(t Lender to conduct an .. __�.._
<br /> ' o�irtspec�on of each rentat unit so that complianca witb SecNon e HousMg Qualiry Standards can . ---
<br />- .. be d'etermined. Borrower further agrees to ailow lender 4o retnspect each c��tat unit every two(2)
<br /> � • �� �-� ';'� yea�ior tPoe term of this Agreamen�
<br />_ ,. ". , ,- . � _
<br /> � �� . g. �. �tepo�s. BoROwershafltumishlenderwitt�ann��axccupancyrepoRsandshailanswer ,' �• -�•-
<br /> �;, :;::;�:'�°. . , 1e��fer's speciftc questlans relative to tenant tncome as�d famity size to detarmtne compqance with � -�__-
<br /> _ . a�tp�ncy�equirementa. �- --
<br /> �,;_ -,s
<br />-- � � . ,g. Bas�+da. During the CarFS�t�ance Pertod.the Property,and ail equipment,plans.offtces, � �._,_.
<br /> � + 1 apparatus.dev#ees.boo4cs,eontraets�records.doeumsnta�and other papers relaUng to the PropeKy, [�_���_
<br /> •;� _; •;;,,,,�„ �`�� shait at eli times be maintatnod tn_reasonahte ca�rditton for proper audlt.and shap ba subject to_ �;:::._
<br /> .� , �`�'' � examinatton�and insp�c�ar��3 any reasonable time Dy Lender,the CompL���r Oenerat oi the Unite�
<br /> States.or.Lender's or Cam��otter's dufy aufhorized sgents. Sp�ci�cai�y�R'�b foregoing irtciudes.aii ' . � -
<br /> ` recorafs. catcut��ons an� infomnaUon necessary ta suppor� ��ss rr�.�►y �ental tnaeases In . �.. -�
<br /> . ' eccardartce r�[Ff1 Paragra�tb S of this A�ement. . , . � �
<br /> . .,,l >} � • . , ' i � � �, :.
<br />_ �" ��`Y', �� � 1p, DBfaLw.R,esrgdies. 11�on violatfor�mf any provislon of t�i�s:p,greament by Borrower, �
<br /> � . . . ; Lender may�g(va written notics therQaf to Bonov�er, by tegistored o�c�1tl�rtl mall, a4dressod W . ��,;�`.
<br /> � • 8orrowers address ss stated In tAis Ag�ssmen�or to such othar afl6ress(es�es may sE[bn�qvonUy ba
<br /> , . �`:' designated By�orrower. If such vtofa�on is�ot corrected to the sa�facUen o!Lender ovi4iYln thirty►(30) ,
<br /> - �� � -°,i<<���!�•���� days after the date such nattCe is mailed or within svcfi further tirna as�e�rl�r ro�sonabty determines
<br /> � ''�'���" �` � ia necessary to correct the violatton.without fcjrther notice LenQer may���re a Cefaufi under this
<br /> r.. . :,:ti,., ;. ..^
<br /> � Agreement�anA under the deed of trust sacurtng the Laan a�,�4 may prooeed to IniUate any or ati
<br /> - remedies et law or in equity evallabte in the event ot a defaw."�us�aer such deed ot trus�including
<br /> � � . � a�eferatirtg the due date of the en�re indabtedness and forectosure o!the deed of trust. In addition. -
<br />--- ` � Lender may advise the tenanfs in the Property of the vlolatlon. �
<br />�. .f- � : ��, p��re te Tenants et thic Agr�emant BORROW sgrees Quring Ute tonn of this :
<br /> . � AgreemeM to tnclude in each tenanYs lease a wNtten noUce in the foitowing form: � .
<br />_ . . . . , .
<br /> . ,:
<br />_ . 2—
<br />:,: : _:_,:-... --- -
<br />__, �: , . .. . .
<br /> --,i .
<br /> . .. .i
<br /> . .: . -. . .- . . . ._. . . : : '. .. ,.,..-r��r-.yFr�.�a __.�,�rii�..,�w:..:�. _ -- _ .._
<br /> • . • . . --. <. . ._ ._.
<br /> y ,' • .
<br />
|