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<br /> ' _`� , ... ' ' =J'i,nctudesthemvn�agedpmpenyandallitsodier � 18. HUDsbailnott�eli�ble o yoSitsaction�her�undertxcept --
<br /> � . �s or.whatscevc,�sit�aie.nsed ia os aumaQ by thz for arbitrary and capiicious canduct � ' --_
<br /> • � � ess conduct&d cro sat�!mongag�d pn�peayt ' 19 This instxument s�all bind,aad the br.ttefits sJ�alI iauns to.the
<br /> .� ` � .."Rcsidual Receipt�'means anp cash rema�►ing after; nsQecdve panies he�to,theirdsgai np�senratives,�4cu-
<br />-:�J � : .� . �wr�;adminisaato�r.successo�'in o�f[ce or intcr�t:and as- -
<br /> . , ¢) ?hePay�nento� � � sign,s.attQallownasAfthemo ed
<br /> ;; . . . n&a8 D�PenY•solaaigastlu�
<br /> ;�-� . ..� t7 A!1 amrnmts requiYed w be depositrd in the M�P�8e is outst�ding. , .
<br /> y '�':: .' .,' resesve fund fore+eplacement� 2D Zhe uiv of an clavse.part or�piovisian of this A
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<br /> .�. ('u'j Ali'obligatFans of the pmiect other than the. m��not�t tlie vaTidiry of the nmairi�g ptrrtiorrs ,
<br /> _�< , ,� ' � mortgageDu2dbyHUDurilessfimdsfarpaymeait � .
<br /> .:. .; _ ;.. � are set asids oz defeAnant of paymeut has beta � �
<br /> .g� . , . � : � 2L Moctg3gor wa�ts that iit�as not,aad wilt not,axecuDc any�
<br /> � • . ��°�bY�:� otheiagrc�nmtwuhpmvi$ioas�eauadicwryaf.arin�-
<br /> }.: ' --.:�_" (2) Tltesegceegatiuono� sition to,thB provisions heseta,and�t.in azry evtnt,the
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<br /> . . '.�. .- � - - --_. ent�o�tUisAg�etmantarepar�,-uo�uitanQconora!ling „
<br /> ..`. __. _ _ ._..�..priamoiiriteqna}tottieaggcegaieofaiCspecial astothcri tsandobli supe�ede�ns
<br /> . • funds requ�red w be mainrdined by the proja� � S�on.sset�orthand ?other
<br /> . _ zequize�nmis in conttict c3serewish.
<br /> ` ,� .� � ("u� A!1 cenantseauitydepositsheld. 22. Mortg�ger�QesnotassumepeisonalliabiL'ryforpayrnenasQt�r. �
<br /> _�".:''�.�.. . vnderthelv'cteazsdmortgageorforpay�nentstofhereServefos
<br /> . (h) "AssistedUnits"rafertounitsas�istedpursuanttoPtoject .
<br /> a
<br /> . RentalAssistanceCont�act �P��� However,d�faults or other�ailures to
<br /> . , . � . . folIow pmSratn requuemenu may resnit in limiud aS�iat of _
<br /> . . (� �•Assis�caContaacP'refezs w aPcojectRental� pa:ddpadon or debasmens€ram HUD or o�u Fedaal gro- .
<br /> • . '. ' � 4ssisrancaConuscxi�iwe�ttteMaztg�gasand gcams. . � � � .
<br /> � � . . HUD w�dea Sr.aron 242 of die Iious�g Acc of �
<br /> . 1959 c,r betwcen the Mortgagorand HUD undes �• Martgagar shall flave ava�adle ne�r equipment or��. �
<br /> • � • . Secdon 8II(�(2) of the Nadoiral AffAida6Ie '����ereasona6leaccommodaaonstomecttheneeds
<br /> � �. � Hmasing�Ict of t990. of persaas wi�h visual aadlezhearing impairmtnts incrnr►pli-.
<br /> , artce with Secaon 504 of t&e Rehabilitarion Act af 1473(Z9
<br /> . U S.C.794)and 24 CFR Part 8.
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<br />•;;�,,...� nued 5tazes of Amecua �
<br />.:�.,. � Seue f Heusin and rb DeveIopment(SigrtaRae) Ownet(Sign ) :
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<br />':�` ' Saadra S. Volker
<br /> � � � S��e�e (g�. e. � �
<br /> = : c� i e: a e i a � �. .
<br />_.' �� '. . �,��r 1�1 Kl���w1%�l, ���/gs- .President . / � �./� �
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<br /> . . Page 5 of 5 tom►HUD�Z466CIL i
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