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83004214
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Last modified
11/19/2008 4:26:51 PM
Creation date
11/19/2008 4:26:51 PM
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DEEDS
Inst Number
83004214
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<br />. <br /> <br />83-+lO 4 214 <br /> <br />3, Grantees shall not discriminate upon the basis of race, <br /> <br />color, religion, sex, or national origin in the construction, sale, <br /> <br />lease, rental, use or occupancy of any of the dwelling units in the <br /> <br />project. <br /> <br />4. All advertising, including signs on the Premises advert- <br /> <br />ising the sale or rental of the Premises shall include the legend, <br /> <br /> <br />"An Open Occupancy Building" in type or lettering of easily' legible <br /> <br />size and design. <br />5. Grantees shall not, prior to the completion of the improve- <br />ments on the PremIses, as certified by the Director of the Community <br /> <br />Development Agency, sell, assign, contract to sell, or in any manner <br /> <br />convey the Premises or any interest therein without the prior writ- <br /> <br />ten approval of the Director of the Community Development Agency. <br /> <br />Any successor in interest of Grantees shall be bound by the provi- <br /> <br />sions of this deed. <br /> <br />6. Prior to the completion of the improvements on the <br /> <br />Premises as certified by the Director of the Community Development <br /> <br />Agency, neither the Grantees nor any successor in interest to the <br /> <br />Premises shall engage in any financing or any other transaction <br /> <br />creating any mortgage or other encumbrance or lien upon the <br /> <br />Premises, whether by express agreement or operation of law, or <br /> <br />suffer any encumbrance or lien to be made on or attached to the Pre- <br /> <br />mises, except for the purpose only of obtaining: <br /> <br />A. Funds only to the extent necessary for making <br />the improvements; or <br /> <br />B. Such additional funds, if any, in an amount not to <br />exceed'the purchase price paid by the Grantees. <br /> <br />Un!:il issuance of the certificate of completion, Grantees or their <br /> <br /> <br />slIccessors in interest shall not LEy the Director of the Community <br /> <br /> <br />Development Agency, in advance, oE any financing secured by a mort- <br /> <br />] <br /> <br />gage or other similar lien instrument which Grantees propose to <br /> <br />enter into with respect to the Premises, and of any encumbrance or <br /> <br />l,i~n that hus been created or attached to the Premises by involunt- <br /> <br /> <br />I:u',y ac;t of the Grantees, or otherwise. <br /> <br />J <br /> <br />2 <br /> <br />r <br />
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