� ��
<br /> , �
<br /> � "1"^"'x:.YWt.u. �y _�yW..�..�. i if� � . . .
<br /> k • .. . R ..� . . � . .
<br /> ' ' ri � ' � � ' : . u
<br /> . . i . � '�• _ • �
<br /> f �� 1 ' �
<br /> n , Y1.'� � . . . � . . � . . � .
<br /> �1/ f�y ;. . � � � . . .
<br /> 1 . Y� ��y. .� .
<br /> �3',�' Atf i3 @
<br /> *�( �M� � � � e�' �>��'� � � � y
<br /> yfiC� � . . . � u .J.e� .
<br /> ��� '. �. � . . � . . � .
<br /> >. � � . . � .: :
<br /> . t ��t I . : . � . , . . . . . . . .. ' " �.
<br /> �g} "Ftaquira. es m ,caaditinn oi the=o�cupQnc}, a: - lessiag oi-any uait ir the pcc3jacx an� consid�nation .ax dc- ^
<br /> gasi4 cst3cer�thnn"the �-Br�peS�an�nc, 4fi:dlhe +Cers� tnantfa's -rent��ilens =�a sr.Ycurity rleQosit 'sri-an�amount �sot in`e�ecessvif °
<br /> `r` � a+neman#!a's�asnt �tn9:gnesranLee�tise ^g�:fnxenanceawtthe.•covenaa�ts�os"-�ee =1��. 'Aay f'unds �cc�li�ci� ,�s<sa�urity
<br /> ���s � � ; ' � '.
<br /> ,�. iiepvsits>sball �bcu!�cept=separ3te •anid'�agaxt ;fmmalT ut�sez�.fu�sdsaif'tixeeipnajeeitaisi�sa ,trust a¢cvitnt� tl� -m�atauat :bf , :
<br /> y��=; +�r}uah �.sha23 � st=al� ::t3ases •�iquei �os��scceea �t�e•aKgTygat�- of-gl�,oukc�t�ding�abiEgatio� �ueer�ersair} aecount.
<br /> � -
<br /> `�.'�t (ts') Persoit��'� u�e=b�"th�+Hweliiag' accommodaiiorts ar narsisig iEeci2"xLi�s 'o£ t#ae �Qroirei Ltar auy: pntpnse e�ceept '
<br /> �'�x t3�e �use �whicfirvas :arlgiisaily .inEe�dicd, br;:�rmit<�drnmercia3 ;us+e.greutex Lhetc Ykac ori�inally ag:provcti 'by '
<br /> �-��
<br /> , �� � 't}ke 5ec4e3aay :�� � � � �
<br /> ����� '� ; i
<br /> r,`�� ,. Clraner� �sf�dtl nac1ititain� the mcfrt�a�a�d ;:pertinisss, eccomm�iiatioirsanci;th�:gxouniis ersi .eguipm�nt =appvxt�nnt ' th�r�.+ ;:
<br /> s
<br /> „�'; ;:tiy� In .gooKf, se�aix :. atui�caasdit,ioa. -in ::the ev�nt a?1 or .�ny oi tt+e builclin�s cove�d 1rv "[he rnflttga��e sha�ll . be iie$-
<br /> � . .�,
<br /> �, imgeti -+oe"ds�gact �bY -tir+e or otfiecxsstimIty . ` tt;e money .dar':v�ad fttssu mu�,• insuaa�ace oaz �thc proge:t� sha13 'be . a{r` ;,
<br /> , ��� plied in acc.n�tiance wattc `tke • tetms�af ixtsuneai mactga�+tr. `
<br /> � � � � � � � ;
<br /> �,�� 8. bwnerd -sSsa13 ndt FiYe aay ..pesEisian i� bsnkrugtoy nrtor sa rrce'sve: or in iessnlv+encc� ar: fos - aeor�anixmt'aat� or -t�sr :
<br /> ��}�°: �casitinn, vi'eaa,ic�-eny assignment fo:=t6e beaefit af csc�itars -or ta � ' tr+ss£ae tcu cacdikois, asr.�rmit �n adiardio�ati ,
<br /> kr. � � , ��� '
<br /> .��+.r. fSzsn inbanknaptcy,brtttex*akict� :passessina ni kt�e mocG�ged :PTai�trS+`tar any past tiaereoz bu a receBver '.oa tk�
<br /> #+��; s�ixure ami sule of'-ttse -�orf�eg«yd;;ptpperty �or ,any^�rt thereaC ux�dez:jurliciai .psocevs �ox.gursuaat an aaty �owar
<br /> ���x,
<br /> <�"�.; of :;sle:�nasFai3 �txs - is�c�c �sach ,ad^rerse se-fians sat aside wlthin f��ty-fk^v�.(4S�iiayas:
<br /> � � 4. (ci' !1» �-shana emte�t+ contracz enrared into,:b L3w�ers-arat� a�f- the� inswlvin hh� : so'eek;r,2reli--contt�iu ;e , r,e- , ;m
<br /> �,�,, � 3 ;� � �''� Y g � � } '� p
<br /> �' vision t.Eistt, ;lu t2se �uenk ox;.itefealt 'heseundea� .it �shalI be •�u6ject tc� terminatia�z wit#wut :pe�t3* .upon wsitten re-
<br /> ��` re,c}ue�Y by ' ttle Secret �:ry. U¢oa 'suc2x .acc�uest Owners shali i�madi�at,el}� arsange� - to terminat� 2he contxaGt
<br /> � ��; i
<br /> � �.. �i;�in m ;period o€- nat 'mrsae than , thiK�=-130) - daus and shal: tna3ce erran�amentE satistacto:s' tcz ti� Se��etazsr
<br /> �� far ct�ntidain�.prap+sa za�ansgemeat :o€ -the::pro�iect.
<br /> a2�-� �. . � . .
<br /> "'�' � � P , ��� paid :€oz �uch -�-erviC�.+s,
<br /> ,��5 {b, 'Txct ant' €ar services, sua� lies or materiuls shatl na¢ 'c�sceeci tiYe amount ozdinari,
<br /> as
<br /> �� supplfes. as •aanietiials irt the -area '-where ihe: srrvices .� re� xetedemito: th� suoplaes vr materiafs ^ €utnisksed .
<br /> s
<br /> �' or x`�ise mw a r
<br /> �, r ( Eg+�ge � %p oaer2y:, �cguinmens, buildinqs, �aYans, �fEfic� . �a�aeretus , c��irss, baoks, conteacfis, cecorcts,
<br /> ^�'�" doctcma�ts,`and othex .pq�sers :rele[ing :.thexeEa s1aaI? -tit sll timrs be,tneintairzcd `irs re�anable�cn�ditints for , m c
<br /> �' £� F�
<br /> F��
<br /> r�+iifiY �x�I �sdbjact to examins:ian enii inspec.tian at aes� z+cssanatiilC� time by ' Nrre Secregetry cwr h65 -daly_r
<br /> sr�, eathnri�d - a�;aets. .C)arn�rm shai: keep cap 'ses •u: stt vrritten cantrects a�raat.he: irtsinaments wfiaic3a affect ' ihe ;.
<br /> �: mcsrtgu� :propoaty, a3l �ar any,•oi ' which tnsg Ere- sulajacs ia• ittspecticm ead ��emingiion b,•y th� -�Jecze6�arg� .ar
<br /> ,�= 'h`ss dufy aattwx"s�ed agcnts.
<br /> , � * � �
<br /> y�: {dj '3'tsc ':hooks•ana aecounts =ofitlre :ugseeattona .of the martgay�edsprogerCy and at ihe :�rod�c �;hal� t� •k�t>t>:�n
<br /> ��" m�c+sordance :�ith t�re sequa:ements of trie Secreta:y.
<br /> ,� � � � � � �
<br /> ` `'` ��"l `�iEhita ai^xiy,�bD� <i+ayrs �Fb2lnwixtg t2re c� :of each -'fsscal 'q�as ttxe 5�cavters,� �haii h� lurttiysh+ed '�tsth �mm
<br /> �a.� � �
<br /> � ,, ccsmp3eLe <anaaal :financisZ repor; basau -uoan=.an �cuminatiott •of fhe =bov�rs ,and 'rra�aexCs oi =mnrtga�,a.:prepeaa� �ia
<br /> � �oxt�cente>wriilz .tls� requireae�nrs of ths Sec��E�:y, certiFzed ta by `an offict+r tlx zrspomsibl�e-[hveroetaand, rovhen
<br /> �
<br /> , '�' irequirad .by . fhe �ecn�Lrasy, ..prepar�d ond certifiea bF -a l:�rtifi�rc' ++37ub2ic Accoun#ank. -or"t+tlse: �etsoa: �acepi-
<br /> �itale tb -tile ��crot�a�r.
<br /> �f; `Pit 'trques2 of thc Sz�cretany , ' 1�i� n�;enis , emplou�e�s . oe-attocnevs , the 'E}wn�rs shu2i Iurn�sh >month'.y
<br /> �, tsc�uaanc;p� reports and dStsalI ;glwe spcc9fic aissaaer tb que�FiaLss utwr. �vhich infozmatSoh Bs desised fxom ' Lime' xa
<br /> t'a�e relat�°ve ' to the itiso�, ;sssats, 'Iyabildties, wntrmc�, aQeraLion . �� ccend 'ation oS'tbe ; gxape.zly atud :6he ;sta-
<br /> � tas ,of the i»sur�c: mort�a;ge.
<br /> �f� � �
<br /> �+ C� � 3i �rertLs anr'e •athet rcc�eip!s•of Che prajact shali he dega::ited fr. tlu� name caf the 3sroject ir. -e tsanx� whose ,
<br /> �4� de{�its a�'insuro� by t�se F�CY.i :��Such ftindsshwl3'bewithrlra�rno�tPylxt a�tcbrdaancr �vith Ehe groviszom� 't>f ihTs
<br /> r - ftigzeermcnt fa= ,�^izperrses ^of 'the peojact nt for distrihutiarts �of`suxplus ,:.us4: ns ;:p�rmiLted by ,Fzarzagzepta 'E+:(e'} ebbwe_
<br /> ;>. �
<br /> rx�. ' iArsytlwncerr+sc�3vit�g funds of tha pr4jucx oth+er t#sera �,y� sud'n ,e4istiihutinn oi �gurplus casfi st�el7 -ienmectistaet3r ^
<br /> �i'� depasix scsch tunchs in -#6e ; nrajeci banic aaaouns and itailitt� ':?a ta dcr in violsiIIion at tiiis �gseeanent sha�12 ha1r3
<br /> �'_
<br /> s+s�h 5unds ;in tnxsL < A�rtv :�vner receivirtg:,ort�gery°af 'thc ,vro3'c�x inw3alaE�on oF tt�3µ .Trgrres:tent shaii >isnmodi-
<br /> s� gLely d�€i�tar �uch;�zagesty to 'thre -pro�ect en� '.E�i3i�-�o tr, aie sFsall hol� such prop�r*v irs tnrst. Jts suc}; tiane
<br /> '�`, a� '#lie•i?�nerss3uill 'tsaue l�f canirciii andF'or _noss�sszon oi tilse nro':ea t, cali fun� h��d ,in •Erust -�hali 2�e -c€elia+�ress
<br /> e�,�.;
<br /> ,�:. . YC� "ihP ' m�nttt?l�'k�P 'b�t^ '4ht�'tw4�!t�' 4k+1r '� th�n .r�v,1r.,�,y} : lp4�.:1j« .aw' � .�. �� ;� '.'1v, -• _. . '_ F_ . . . .. . . � . .
<br /> r. . . . :.`a' ._- fiS C?: �.. .... _ .. ., �C2�. .
<br /> 'yi_ � . . � . . . . .
<br /> �
<br /> {2?� I: .fke mortgage �s irss�ta+a under �ection �:
<br /> t a�ii � � �
<br /> � . ,the -t�wneaswra:;less+ees stmll at -afi t�mes cualntg3tt •in fali f'osce and �€fect from ihe �LxdEc w tiih�r licensing 3 ; , �
<br /> s� auX3��sit * suc6. 1ia�nse: as �nu b� �
<br /> f� 5 S =equnr�� tts o�caie itte .u�nje�et es � nursing -tibmc -��rii sh�si nn� le�se el; or _Fran +��C=.
<br /> , ot 'the ,psAjeet�except�on t�rms apgrav� 'bv ttr� Se�caeEazv. �� f '
<br /> � ` �, The '�wner shwf$ ' 'saiitabl � f`�
<br /> ' w y =rqvip thc .�raje�2 foz numing haa�=���Liri�sa. „�
<br /> :�, � . �
<br />�+. . 3. "f'be *Ctarners sbell �e�avtt�a 5ecnt5tv #tg±�,eaa�nt ani? F�tte„ciat� StnrPmPrvr /k.- �r�.�r €orn; r.F <•h:�rrPi 1 :nnti �.
<br />�u�:. 11D�IS .Sij,� •1$aSillEd �t)3 •C'Cf111.111YfC[fl. 'CNC£wb�C'��AS E�1lY � - :�'!'�fatritpi+�" IPr+far � 'f+q'w1T1YSL , '�wi1�r�Y7:.w� r�r�t � int'+n.n�rsatt+++a ac co.rrttr.ei*�r ` , .:. '
<br /> '7� : far "the �irssaire� marCg�. fihr:"5ecueity sSgrt�remenl -and F'irsttncln� Sis�tetnehz shall cc+�siituk� � 4trs. 2ien uc�an �.,V«�. ��
<br /> i�, �ta�h �+�{tiiprneat snci shatl sun in favar °taz =the >mastgugre es additional 's�curiCy far thn Lxsureci r.wrLg�age.
<br /> ya
<br /> �£p'b �
<br /> J;�,j - . . . � . � �
<br /> . . ' , � � . . . . . .. y..v-. ... _ .
<br />�:�� . . . . . . . . . . . . . . . .
<br />
|