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I 84 - 005482 - 2- 3. Real property covered by the mortgage and this Agreement is described in Schedule A attached nereto. 4, The Owners covenanr and agree that: (a) Admission to the project shall he limitl!d to families having a low or moderate income which does not exceed the limits established by the Commissioner and in effect at the time of admission; (b) Pre:erence or priority for admission to the project and for placement on the waiting list, which Owners shall maintain. shall be extended to those families of low or moderate incomes who have certificates of eligibdity as displaced families; (c) On forms approved by the Commissioner they will obtain from each prospective tenant a certification of income prior to admission to the project, and a recertification of income from each tenant at leest every two years following the date of admission; (d) If any recertification discloses that femily income. "'"eds the limits established by the Commissioner and in effect at the time of recertificatio:l, :hey ~!'i " ",Ie.er termin&\;' ,he lease, or require the tenant to pay an increased rental in nn amount ,"'mp"ted in '''' .. "nee with the formula prescribed by the Commissioner; (e) They shall require all tenants to execute e lease in the form prescribed by the Commissioner, and shall not rent any unil in the project for less then 30 days :tOr more than one yeer; (f) The rent charged for each unH shall not exceed the upper limit of the ~~!r-' shewn for such type of unit on the rental schedule approved in writing by the Commissioner, and shall include the reasonable use of aU utilittes shown on seid scheduie, but in no event shall the total groM monthly rents for all dwelling units exceed Ihe gross monthly dwelling income for all units approved by the CommiSSioner on the ratttal schedule; (g) No increase will be made in the emount of the gross monthly dwe11lng income for all Wlits as shown on the rental schedule unless such increase is approved by the Commissioner, who will at any time en- tertain a written request for an increase properly supported by substantiating evidence and within a re.. sonable time shall: (I) Approve a rental schedule that is necessary to compensate for any net increase, occurring since the last approved rental schedule, in taxes (other than income taxes) and operating and maIntenance expenses over which Owners hare no effective control, or (2) Deny the ,"crease stating the reasons therefor; (h) If there are rent supplement units in the project, the determ\""tion as to the elillibility of tenants for admission to such units and the conditions of continued occupancy shall be in @ccordance with t~ Rent Supplement COnltaCl ~xe('uted by the Owners and the Commissioner which is incorporated in and made a p"rt of this Agreement; (0 They w ill rent commercial facihhes~ if any. at not less than the rentel approved h," the Commissioner; (j) In selecting tenants they shall not discnminate against any person or persons by reason of the fact that there are children :n the famlly. 5. Upon pnor WnU~rl .':lpp~d""'a! of th:eComm~ssio...er.the fr#nsrs ~~y ChQfge to ami receive hom any tenant such f!ore.....~nts ?os fm:n tUi;C to tillIC ma)' be mutually agreed. upon between the tenant and Owners for any facilities and/or serncps which may be furnished by the Owner or others to such tenent upon his request. in addition to the fSClhties and services included in the gpproved Rent~l Schedule. 6. Owners sha!! not WIthout the prior written approval of the Commissioner: (8) Convey, transfer, or encumbN any of the mortgaged property, or permit the conveyance, transfer or encumbrance of such property; (b) l\ssign, transter, dlSpt1Se Of,llf (~ncumbcr any personal property of the project, including rents. or payout dn}' funds, other than from surplus cash. ext'ept for r~f.'lsonablt." \Jperatllt~ expenses. and nN.....ssary repa!!'s.; L (c) Convey. assign. \)1 tr.,JI\sft"t al1~' b~rlt'{iCHtllntC'test HI any trust holchng title to the mQrtgaged property, ur the Intt~rest vf any gt"neral partner In a par tnership owning the mortgQged property, or any f1ght to nH.tJ1Hgc of r("'eel Vt.. the It~nts and prolits from the mor~ga&ed property; iO} Rt'n\i~lt'l. ;~(hl t\l, reTPi1strllct. or demolish ~ny part of the mortgaged property" 01 subtr.H.:t !'rom i.inV re~tl "f p-t>fS\.If\,d I'l,,\,('fI \ .,t tIlt" prolt'ct. I ~ i ~~~kX. ':'1 ;;:.J feCl/ll, ;~l1'... ..hs1nbuti;\fj {"r <_,...,,;.'t;.; '''1 ;:.n\ in..-OI11{, ,.{ an',. kind pi tht' prDJect t'\.Ct'j:'! ltq;;:, '-!nir1u' (':\ ': .' ~'l t ht ;,dl"\.\'l !:~' ,"ndl t !'ltj<_