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201401200
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Last modified
7/20/2017 10:24:51 AM
Creation date
3/3/2014 1:13:25 PM
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DEEDS
Inst Number
201401200
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��14�1��� <br /> l9 <br /> against any person or persons by reason �f the fact that th�re are ch�ldren in the <br /> family, unless in acc�rdance with the Fair Hausing A�t and oth�rwise a�proved in <br /> writing by HUD. <br /> b. If the S�curi�y instrument is �riginally end�rsed for insuranc� under Section ���, <br /> Borr�w�r shall, �n selecting tenants, g�ve to d�spla�ed persons ar famiii�s an absolute <br /> preferenc� ar priority of occu�ancy that shall be acc�mpl�sh�d as follows: ��} F�r a <br /> peri�d of sixty ���} days fr�m the date �f�riginal offer�n�, unless a short�r �eriod of <br /> tim� is approv�d in writing �y H U D, all units shall be heid far such preferred applicants, <br /> after wh�ch time any r�maining unrented unit� may be rented to non-preferred <br /> applicants; �2} thereafter, and �n a continuing basis, su�h pr�f�rr�d app�icants shall be <br /> gi�en preference �ver non-pr�ferred applicants in their pla�ement on a waiting i�st ta be <br /> maintained by Borr�w�r; and �3} thr�ugh such further provisions agreed to En writing by <br /> the parties to this Agre�ment. <br /> c. A� least 75°Io of the units in a Pro�ect insured und�r Section �3� shall be designed for <br /> the use an� ��cupan�y of Eiderly Persons unless pri�r written appro�a! is g��en by HUD <br /> far a lesser number of units. <br /> d. All advertising or effarts t� r�nt a proje�t insured un�er Sect�on 231 shal[ reffect a <br /> bona fide �ffort of Borrower to o�tain �ccupancy by Elderly P�rsnns. <br /> 3�.RENTS. If th� Project is subj�ct t� r�gulation of rent by HUa, HUD will at any time <br /> enterta�n a written request for a rent incr�ase that is prop�rly suppart�d by <br /> subs�antiat�n� eviden�e and HLJD w�ll, w�th�n a reas�na�le time: �a} appr��e a r�ntal <br /> schedul� that is necessary ta com�ensate fvr any n�t increase, �ccurring since the iast <br /> approved renta� schedule, �n taxes �other than income taxes} and op�rating and <br /> maintenance costs o�er whiGh Barrawer ha� no eff�ct�ve control; or ��} deny the <br /> increase and state th� reasons for �ts d�cision. <br /> 33.CHARCES F�R SERVICES AND FAC�LITIES. ff th� Project is su�ject t� <br /> regula�ian of rent by HUD, Borraw�r shall only charge to and recei�e from any tenant <br /> such am�unts as ha�e th� pri�r written appr��al of H U D and are mutua�ly agreed upon <br /> b�tween Sarrawer and the tenant for any faciliti�s andl�r s�rvices n�t included in th� <br /> H U D appro�ed rent schedu�e that may be furnished by, ar on behalf of, Borrow�r to <br /> such t�nant up�n request. <br /> 34. PR�HIBiTI�N �F �ERTAIN FEES. B�rrower shail not charge any Proj�ct tenant <br /> or prasp��t�ve Project �enant any fees �rohibit�d under Pr�gram �bligations; such <br /> prohib�ted fees may include an admission fee, a k�y f�e, or similar paym�nt pursuant to <br /> any agreement to furnish resEdential un�ts �r servi�es �o ��rsons makin� such <br /> payments. <br /> Pre�Eous editions ar�vbso�ete; Regulatory Agreement HIJD-9�456M�Rev.�41�1} <br /> ReplaC�s form H�D-92466�111��} <br />
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