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<br /> '' # - upoa� euch te�ms as �Apmved by the 5etretaty. 5ubte�atin� of riweiling ac�oassaodatic��as� ex�ept for subianaees
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<br /> s ai sfagl�e dwmlling �c+camm�odat�aat� by tt�c tcna�nt thcreoE.shaDl be prehfbitcd vsithuut gr�or wri.tte� �p�asoval oE
<br /> '' Owrxeeat and the Saeaetucy rand �np lee�sa aha11 �t� pmvida. Upa� dis�tsvety af rany anap�correii auRale+aae, �v�+asra
<br /> :x,'� �A�3 immcdi�tsdy dem�ad �cnttceii�xtta� a�nc� natiEy th� Secn�t+ary eh�rees�. y
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<br /> ,� >� � @) IZpon priar wcftttm �appmvul b�+ the Saczetary, Clwners maay chncqe La nnd rtcreive tsrsm .aay tenant
<br /> ` s�ch amatentst as from timt to tkme may be �nutucall�r agcee+3 apoa beiweca tlie ten�re# �an� the �,lw�ec �or any tecil-
<br /> , 1� itit� sad/+�rservi�e+s 'whic& mayb�tfumisb�ad bp the Uwder czraotlter� tcs auch tenent upan Ri� request, itt ad�tltiasn.
<br /> , ,�� tu the f�cilitl�s mnd serrir�s incl:xadaei 3a th�s :�ppraved c�ntnl �s�chedul�e�, ,
<br /> i � � (c) 'The $+ecmt�ty will at �ny t.ime entcrtsir� � written 'reque�i fac � reni inCr�se propezly guppcsaicd b�* aub-
<br /> � 5`�� stant9atittg 8vidence �nd within a reasoar�ble sim� sUxii:
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<br /> " °" (i? AP�rovc m ccnt�l schesivle that i� neccssa►cy to �csm�eu�sata for �nv �et increraam, a�.-�uring � in+ce lkae
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<br /> " � I�stwPPct�ved tcrit�E schcKiule�: ifl t+axes (�thcr tkan in+�ome ta�eazs) �nd operaein� and snainte�n,ca cc�nt
<br /> � ,"5 over which C?wnera have no eifec:tive onrttrot, nr
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<br /> „ � +(If) t?eny the inrzc�ae statit�g the re�sons therefar. °
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<br /> k �� $. {u) I# the mortgage is originally a Seccetc�ty-lield pvrchase man�ey mort�ege, �r Is originally endvr+��d it�c icr
<br /> ,,, surance andar �ny Srccion othet ehmn Sectionts 23I or 23�, Owrneras shall not ica seleeefng tenent� c�iic�timinaie
<br /> ; � � agai:nst nnp. person vc p�rsons by �es+on oF th�e fncz that thate mre children fn the tamily.
<br /> ,�, (b) If the mortgagc is arigin�lly endnrsed fnr in�suranct underSectian 22I �r � �1 ; Owacrs ahnid in m+�leccire�
<br /> � ten�ats give ta persuns oc f �milics desi�cswcred in t�Se N�tiattel t3causing Act att mbsolute preeCeren� or priat#ty iiP
<br /> c , . �� occupancy vrhieL ahalt be acaampli�hed �a toIluws:
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<br /> (1) For a pariod nI sixfy (60) ciays frnm thc date o( nrigin�i atfaring, unlcss � sharter �csial a� time ias a�
<br />�E pcoved ia wtitin�, by th � SeGreta�ry, alI uniYa Khall be held fnr suc2� pre[erred appLicantn, n�te!s which '
<br /> � ticae sny rcmainiag unrented uniYs may ba rcntod tn nean-pretereed applirants;
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<br />��, � (2) Theni�fter, n»d on a cancinuing h�sis, such preterrcrl ay�plie�nts a�hr�ll Oa giv..a prefecence ovcr n�ta-pte+
<br /> "� fezrcd �applieanta fn their g2u�emrtent on a waiting ilst to be maintaiacd by the [7wner�e; and
<br />�` � (3) 7'Atnup,tt suth furlhee prervisians a �reccl to in wri.iing by the p�rtie� .
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<br />� �� ; (c) K*fthout the pciqr wrikfan approvml qf tha Seeret�ry not mqrc than 2,5:�i, nE the number of unitss in m pcojrct in-
<br />�,� r,� insureal under S�ction 331 shult ba occupied by p¢rsons other thsan olderly �aer�ona as dafined 3ay the N�tianal
<br /> 4" � Hoasing Act.
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<br /> (d� A11 advestising oc eftorts tn rent � praje¢t insured under Sa�tion 231 shal! ce{lect s bonn C:de effort oC tP�a
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<br />"`� i7wner� tn obtain occupgncy bp elderly petsons as de.flned by Lhe N�tticxaal t{r�utsing Act.
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<br /> s �"� 6. Ownc-rs sh�1l noL without t►�r prior written s�pprbval of the Sccretnry:
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<br /> '`:' (�} �qnvey, transfet� or encumber any ctE the mortgaged pcc�pertY, �r permit the canveyencc. tr�xsi�cf�r or encum•
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<br />, �,a, braaae oC suc8 property.
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<br />, (b) Affisigr�, tasaisfer, dispose nf, ot cn4umbcr gn,y peesonal propcciy ot ihm prvjrct, inc2uding rr.nt>s , or pay caut
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<br /> any funds except Lrom surplus cr�ah, cxcept tor reasona62c c�ptr�ting expensas and neccssary, rrpeics.
<br />'� � (�) Convey, assipft, ur tr+�nstcrun�r �eneaEicial intarer�t in �ny t.xust hotdin� title tn the proy,rrt�✓. nc the int�rcet
<br /> t" uf mny gci�rral Parts�er in a p:artneca:tup awning ihe prnpccty , Of �115° t� �7 � tO Mi1ii��,'! Of ftKN1VR kl�c rcixta and prw
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<br />;�;'� fitr. frnm the mortgaqed prnp�rty.
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<br /> (d) . h'emodr�ly n�dd to, retunstruct, ar demoliyh any pc�rt n[ the morl�agc�i prnpe�-ty ctr su�treck fcurn a�y reeal br
<br /> k� per.ic+nal praperty af thc prujecG
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<br />� �C� . +ti�iliid�� �?T' iC�:@lYEt fiii� t`f::.f"avtlr �dii,}r. f.� .xt.. ..�.L .,lUii Va .7'u;a�. � .w O: ..:SJ' S �SC'.Ll^'. l. �i..`�' � , .... G ..� t..C' �', . ....Jt:Y.;t L." �lC�. t . .
<br />�«'„��� xurglus ca�h and ext�eept an thr folltawing conditioast
<br />�� (1) All. di�tributie�ns shali be m�da a�ily ett of and afterthe �nd af e Eemi�nnual �r annual fiseaI yarind ,
<br />" n � +and tln2y �s permitted by the taw of che �pptic:,a�1e fur 'xsdietioa;
<br />�s (�) Nb distrf6uEtan shalk b� muda frc�m borrorver2 funds , praot to llica com�let:3ou of the �rojere^t ctr wfien there " ;�,�,
<br />�' „ e �� � � iat � m�y� daEault undax,�this Agre�ment or , under thc noie or �nurtgs�g�; � , '°� '� : �
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<br /> {3) Any :dtstr3butina ar sny funds oE th�e projwct, whish the patty xeceivtng suah fun�de i�s not cnlit3ed t� ro. `�
<br /> tmis� hcr�under, mhnll b� Ae1d in trust sepurafa and +�part frorn any aUi�c Cunds : and 4 `-E= ^
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<br />� .�-e►) ThQre mhull -hava ��ra.su M1:oin�,alin�ir:,a.. wiEit a�I :.`uLs(aYwSiri�g :isu(i4rte. u� t�oayuit�au�a�ta. ��t. y�.x �zc a�:�i�.x[euuu�c � "�� k ��.� :
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<br /> w��' � (� Engage. �saeepl tar naluracl pere�nn�, in wny tskher bunine�� vr aeti.vi#y� Includiny� tlr�e vperetion u[ arty athex �
<br /> �: reatal prajeet. or�.irscuruxtv liehilit�. or nbli¢ntion n�t � in evnrnxcztion with thc� prca3ect. .
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