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<br /> _ _ � �ainaprovisionthatltskalDUesubjecttotearnination, � � s�chfundsfithepro�tbanicfsccauntandfaiPit�gs6todv � `��"`-- _
<br /> "1 ' ..nthaut peamlty mul wit�i ar wiiheut caus�,�pon artitt� in violasicxt of td�s Ag�eem�n t+ sY�all t�o2d st�t fimds m " �� - __-
<br /> ,� ;: ° +•� �� ' f,�zequest by F�1JD add�ced to�he Mo»gagor arid the � tiust Any geison receiving pmpeny of the�raject ut � � _ _
<br /> . . man5 ement a e�u. U on ' t of sucb uest ths viotation of this A r,nt shal!imme�diazd deUvcr ;_.;.,;a;:^°---°-_
<br /> , . �° fi S�i P �P �i fi� Y - = _ _ --
<br /> . Mart��ar shall immediateiy mave m terminute thecoa- sucb pm�saty tn tAe pm�taad failias so todo shall Qatd ?� _ -
<br /> �. � cracc within a periad of noi mass that►60 days and stwll s�tch ProPcrii►in�. �- -__-
<br /> �� make arr.u�gcntCnts satisft�cWry to HUD for continuing - -_
<br /> � .properrtwnazgementofEhepnrject C) MortgagorsdaJiatallumes.ifteqniredbythetasrsofthe �-- -.
<br /> .:t M1 • , jurLsdiaion.rnaintain in fulf fozce and effect a tianse co �
<br /> ,.:4�: • �, � �.� (c) NeitherMortgagorn4riL4agt�tssAaUmalceanYPaYments opemte We project from tRe StaUS andlor uther tice�g ==_.______ —.
<br /> . farscrvices,suppiiesara�ateriaignu2esssuch�aze aaihoriiy.Mortgagarshaliteasetmypartirmafthc�mject
<br /> �;`•° -- , actuaUy refedc�red for tlte projeet or such scpplIes ar Oniy Gn terms approveii by FILTD ', -
<br /> . . ' matecials�delivered ta the pmjeci And aie�easanably � — - -
<br /> ,. ..�, neces�uyforitsoperatian.Paymeatsforsuci�ser+r�ceses (� MortgagQrst�ailnotcolIeethamtenanrsa�s�ecupanffior
<br />, `. � : . materialsshallnoteaeeedthearnrnmtoMinarilypaidfor P�P�6vete�rantsoraccupanisoftheDivKetanYadmis• �-- - -
<br /> : .... : . sion fe�fo�der's fee.tifa-care feG,orsi�niL�rpayment :�-----
<br /> ° suchseivices,svPPiieSOrma2eriaLs uithea�eawhetethe � �-_--
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<br /> �-� ------,--:--- --- ----,--scivices-�-rendenxf er�t1ie�suPPlies�or rr+ateria�s fi�-� -- --- -��anY_agceemr.nt.oral�cvritta�,�vl�ettby the -
<br /> . . . �� ..- b�.QIQ$3$QSII$ICC,4tD fiIII�S�180DIIi�IIL��OlLS Ot6f�lYlCC3 -----.
<br /> � . ' , . lA tjl�ptO�CCi[D�[SOIIS ffi8�$SQC11 F3JrlACALS�
<br /> : • '� . � � (� 'Itie monga8�FmP�Y.�A�.6uildin&S.D1ans. ' . --
<br /> . . • uRi�w�. devices„ 600ls,uPParanis. eontructs. crxords. (�) E�o offccer.director,tcuscee,m�rnher,stoetcholder nor =. -
<br /> .._. ..•:
<br /> . . ', � <. � ,_._-� documca�ts.andutlotAerpaperssetating�shaflatall - authorized.eepresentadve of the Nfartgagar��ept for
<br /> 'Y , tunes be m�int�ed in�uonable condition for pmper �8�entbysponsorornmNpmSta�;s sUallhave �`.,�_ -
<br /> � audic and subject to examinatian an�inspecdon az any any flnancial•intea�st m any conugc�ua!�ement �� ....__�
<br /> ua �aE��ar.�
<br /> . - � - enteced inw by the Mortgagor a�connect�n wIth rendi- ;��-,�_._
<br /> ' . reasonabte time by HiJD and ats dWy authorhed age�u�. tion of services,the provision of 8��.�PP�� A�;��--
<br /> _. .�. .._ _:._. . Mortgagor and its successo�assgns or its agents shsell ���'—-
<br /> < ' � . �, retaL►coplesafallwriltenwnteac[sorotheiinsuvments �Semene of the proiect,Pmea�reanent af the site or . _
<br /> -. • . , which affcct the moagagedpmperty.all orany of which Q���te�s whatsaever. •.�
<br /> . . mayhesvbjectwinspectianaadexaminationbyHliDor 12. (al Ifprojectis[undedunderSectian202of�heHousingAct ° _�.
<br /> .. . .. ies du�y auihorizcd agent� of i959.�ameMed.Mort�agor wili limit pa6lic occu- . :��
<br /> • � .. . .. � (e) The 6aoks ai[d acCaunts Of ttte apedations o.f ihe mort paatcy�oftheprvjecttoetderlyf�milies�utalindividualsas ,.,� . . �-
<br /> ' . Saged property and of the pmject shall be kept in accor- defined in Section 2�2 of the Hoosia�q Act of i959,and � �--
<br /> , � dance with the requirements of HUD applicabte HUD RegniatiorLS. If pmiect is fundtd und�r ��� �����
<br /> � ,. - Section 8ll of the National A�f'ordable Hovsing Act of `�•
<br /> .. . ' �' (� Within60daysfouowingtheendoFcachC�sculyearHUD I990.Mortgagorwtlliimitpisblieoccupancyofthcpmjcct � __�_'.
<br /> .- � � shaUbefurnisMclwithacomp2ateannualfinanc�silrepost topersonswiU►clisabilitiesnsde5nedinSection8llof�he ..=''. , .s.�
<br /> � � based u an eaa�nination of the Uooks and records of National AffoNabte Housin Acxof I990.aad ltcable ��`=
<br /> P� 8 aPP . �si='_
<br /> . � Mortgagarprepared inaccordance with the requuements H[J�Regniations. 'Ihe criteria goveming e6gib�iry of � . '•-`�. -
<br /> '� ' • - of HUD,certi&ed w be an o�u;er oY the Mortgaga�u1, tena,�ts for admission to Secti�an?A2 or SacSon 8A anits ��,y.� " `-=
<br /> . � . � when rcquincd by HUD.pieparecl and oertifed by a and the wnditions of continued.occupancy sh�ll ba in "�-� , ���
<br /> � •. � • . Cenif ed Pubuc Acxa��ar other pasan�ccepted to accoM�nce with the Ptolect Rental AssisGvtce Contr�ct. -
<br /> �_ �' . H[JD. ' �'%'- � -
<br />_ ; ., . . @) Baceptas gmvided in(�below Mmtgagorwillmake its ' .` .. ,�
<br />-, �, .. .. ' (gJ AttherequestofHUll.itsageats.employees.oraa�tomeys. dweifingaccommorlaaionsandserv,iceszvailabletoell- � y�•. � �;:.
<br />-; . the Mortg�or shall give spe�ific answers to questions gibtcaccupantsaicfi�rges�lishedinaccoidancewitle •,�
<br /> � upon which infoimatlon is desited itom tmie to tiate tt schcdute w be approved�n wtiting by HUD. Such '
<br /> ,� ` . . .. cetativetotheinoomG�sseLS.ti�llides.contracts.oy�era axummodationsshaUnotEerentedforaperiod(essthan . ' � . � r��
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<br /> aon.and condition of t&e pmp�erty and the status of the 30days Commercialfacilittes,jfaz►y.shall0ereatedonJy ' . : ;.��
<br /> _� ..i. �� . • . Mongage anc!uny other information ariW respeet to tha in accardanse wittr a set�ed4�te of charges t"ixed by the F ,. � �.
<br /> ': �
<br /> • Mo»gagor or the trcort�age�psoperty and of the project Mortg�orand approved in wrnting by HUD Subles�sing �� '' +,��,
<br /> , .�. . w h i c h m a y b e r e q u e s t e d. o f d w e ll i n s a c c o m m o d a t i o n� o t c o m m e r c i a l f a c i li li e s i � � ��' '
<br /> - ' , (D) All rrxeipts of the proKct sball Ue d e p o s it�iw tJce name shaU�e pe:miued only upan the tercns and condidons ; . � �
<br /> '� � apytoved by HUD ira wriring.
<br /> :;, : oftRepsojectina@at�c,wh�edep�sits,areinnuedbythe � � r�
<br /> � � . � 1FDIC,Saving,sAssatiatioAL�sin�unceFmtd,ortheNa- (c) UponprinrwrittenagpmvalbytheSeeiesary.Mortgagor i. . ::_��.;
<br /> ' .i�•. . tional Credii Union�Sha:e�oe Fund. Such fuads may ctu�rge to and receive frnm any tenant suchamounts i. �•
<br /> . _ . sha116ewithdiawnonlyinrscazdancewiththeprovtsIans as fiom time to time may be mucually ag�eed upon � . : •���;
<br /> . ofthisAp,�eementfareapensesaftheproject Anyperson between the tenaat and the Mostgagor for an�facilities I . ��'• �,
<br /> rereivingfundsof�heprojectd�allimm ;� �ydeposit a�lorserviceswhichmayDefiimished8ytlieMortgagor ` ` . �`Y• �'
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