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Section 1. Section 2. Section 3. Section 4. Section 5. Section 6. Section 7. Section 8. Section 9. Section 10. Section 11. Section 12. Section 13. Section 14. Section 15. Section 16. Section 17. Section 18. Section 19. Section 20. Section 21. Section 22. Section 23. Section 24. EXHIBIT A EXHIBIT B -1 EXHIBIT B -2 EXHIBIT B -3 EXHIBIT B -4 EXHIBIT B -5 EXHIBIT B -6 EXHIBIT B -7 EXHIBIT B -8 EXHIBIT B -9 EXHIBIT B -10 EXHIBIT B -11 EXHIBIT B -12 EXHIBIT B -13 EXHIBIT B -14 EXHIBIT B -15 EXHIBIT B -16 200109053 TABLE OF CONTENTS Page Definitions and Interpretation ...................................................... ............................... 2 Acquisition, Construction, Equipping and Completion of the Project ....................... 7 ResidentialRental Property .......................................................... ............................... 9 Low Income Tenants; Qualified LIHTC Tenants; Moderate Income Tenants; Records and Reports ..................................................... ............................... 10 Tax - exempt Status of the Series 2001A Bonds ........................... ............................... 15 Modification of Tax Covenants .................................................. ............................... 15 Indemnification........................................................................... ............................... 16 Consideration.............................................................................. ............................... 17 Reliance...................................................................................... ............................... 18 Locationof the Project ................................................................ ............................... 18 Sale or Transfer of the Project or General Partner Interest ........ ............................... 18 Term............................................................................................ ............................... 20 CovenantsTo Run With the Land ............................................... ............................... 21 Burdenand Benefit ..................................................................... ............................... 22 Uniformity; Common Plan ......................................................... ............................... 22 Default; Enforcement .................................................................. ............................... 22 TheTrustee ................................................................................. ............................... 24 Recordingand Filing .................................................................. ............................... 24 GoverningLaw ........................................................................... ............................... 24 Amendments............................................................................... ............................... 24 Notices........................................................................................ ............................... 25 Severability................................................................................. ............................... 26 MultipleCounterparts ................................................................. ............................... 26 Limited Rights of Credit Enhancer ............................................. ............................... 26 Signatures................................................................................. ............................... S -1 PROJECT SITE APPLICATION AND INCOME CERTIFICATION REQUEST FOR VERIFICATION OF EMPLOYMENT CERTIFICATION OF ZERO INCOME MILITARY PAY VERIFICATION SOCIAL SECURITY VERIFICATION VERIFICATION OF SOCIAL SERVICES CHILD SUPPORT AND /OR ALIMONY AUTHORIZATION CHILD SUPPORT AND /OR ALIMONY VERIFICATION (SPOUSE) PENSION OR WORKERS COMPENSATION VERIFICATION VERIFICATION OF UNEMPLOYMENT BENEFITS UNEMPLOYED APPLICANT'S AFFIDAVIT SELF - EMPLOYED INCOME VERIFICATION NEWLY SELF EMPLOYED INCOME VERIFICATION CERTIFICATE OF ANNUAL HOUSEHOLD INCOME FROM FAMILY ASSETS VERIFICATION OF SECTION 8 HOUSING ASSISTANCE STUDENT VERIFICATION i