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202504772 transfer or disposition shall be provided by the Owner to the Authority at least 60 days prior to the date of the proposed sale, transfer or disposition of the Project. (b) Upon any such transfer, sale or other disposal of the development, any existing right of the Owner to request, in accordance with Section 42(h)(6) of the Code, that the Authority assist in procuring a qualified contract for the acquisition of the Project, shall terminate with respect to the Project as of the date of such transfer, sale or disposition of the Project. Such termination of the right to proceed through the qualified contract process shall be binding on all subsequent owners of the Project. No transferee/subsequent owner of the Project shall have any right to request a qualified contract pursuant to Section 42(h)(6) of the Code. Section 15. Severability. The invalidity of any clause, part or provision of this Agreement shall not affect the validity of the remaining portions thereof. Section 16. Notices. All notices to be given pursuant to this Agreement shall be in writing and shall be deemed given when mailed by certified or registered mail, return receipt requested, to the parties hereto at the addresses set forth below or to such other place, or in such other manner, as a party may from time to time designate in writing: Owner: To the name and address set forth on the Summary Page hereof. Authority: Nebraska Investment Finance Authority Suite 601 1248 0 Street Lincoln, NE 68508 Attention: Executive Director Section 17. Governing Law. This Agreement shall be governed by the laws of the State of Nebraska. Section 18. Recording and Filing. Upon execution and delivery by the parties hereto, the Owner shall cause this Agreement and all amendments and supplements hereto to be duly recorded in the office of public records in the County where the Project is located as an encumbrance upon the Project Site and provide a copy to the Authority. Section 19. Termination. Notwithstanding any other provisions hereof, this Agreement and the restrictions and other provisions hereunder shall terminate on the termination of the Affordability Period without any further action being taken by any party hereto. Section 20. Counterparts. This Agreement may be signed in any number of counterparts with the same effect as if the signatures thereto and hereto were upon the same instrument. Section 21. Subordination. The Owner has borrowed funds from Lender, and such amounts are secured by the Project. In order to ensure the viability of the Project's federal low income housing tax credits pursuant to Section 42 of the Code, Lender hereby 17 4/2023