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200410895 Issuer is unable to present a qualified contract one year after the date the written request was submitted to the Issuer. In the event foreclosure proceedings are initiated, the Issuer shall receive notice of such foreclosure no less than 15 days prior to such foreclosure. iii. Notwithstanding subsections (i) and (ii) above, the Code Section 42 rent requirements shall continue for a period of three years following the termination of this Agreement. During such three -year period, the Borrower shall not evict or terminate the tenancy of an existing tenant of any low- income Dwelling Unit other than for good cause and shall not increase the gross rent above the maximum allowed under Section 42 of the Code with respect to such low - income Dwelling Unit. 3. Section 25 is added to the Agreement as follows: Section 25. Borrower Covenant. Borrower covenants that it will not knowingly take or permit any action that would result in a violation of the requirements of Section 42, the Regulations or the Agreement. Moreover, Borrower covenants to take any lawful action (including amendment of the Agreement, as may be necessary in the opinion of the Issuer) to comply with Section 42, the Regulations and the Agreement. 01- 637879.1 3