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20250.4772 <br />TABLE OF CONTENTS <br />Page <br />Section 1. Definitions 4 <br />Section 2. Representation, Covenants and Warranties of the Owner 6 <br />Section 3. Residential Rental Project 7 <br />Section 4. Occupancy Restrictions 10 <br />Section 5. Term of Restrictions 14 <br />Section 6. Internal Revenue Service Notification 16 <br />Section 7. Covenants Run with the Project Site 17 <br />Section 8. Uniformity; Common Plan 17 <br />Section 9. Remedies; Enforceability 17 <br />Section 10. Amendment; Termination 18 <br />Section 11. No Conflict with Other Documents 19 <br />Section 12. Fees, Release and Indemnification 19 <br />Section 13. Right of First Refusal 19 <br />Section 14. Sale, Transfer or Other Disposition of the Project 20 <br />Section 15. Severability 20 <br />Section 16. Notices 20 <br />Section 17. Governing Law 21 <br />Section 18. Recording and Filing 21 <br />Section 19. Termination 21 <br />Section 20. Counterparts 21 <br />Section 21. Subordination 21 <br />EXHIBIT A LEGAL DESCRIPTION OF PROJECT SITE <br />