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84- ~~~~~~; . <br />3. Grantees shall not discriminate upon the basis of race, <br />color, religion, sex, or national origin in the construction, <br />sale, lease, rental, use or occupancy of any of the dwelling units <br />in the project. <br />4. All advertising, including signs on the Premises advert- <br />ising the sale or rental of the Premises shall include the legend, <br />"An Open Occupancy Building" in type or lettering of easily legible <br />size and design. <br />S. Grantees shall not, prior to the completion of the improve- <br />ments on the Premises, as certified by the Director of the Community <br />Development Agency, sell, assign, contract to sell, or in any <br />manner convey the Premises or any interest therein without the <br />pricer written approval of the Director of the Community Development <br />Agency. Any successor in interest of Grantees shall be bound by <br />the provisions of this deed. <br />b. Prior to the completion of the improvements on the Premises <br />as certified by the Directcr of the Community Development Agency, <br />neither the Grantees nor anv successor in interest to the Premises <br />shall engage in any financing or any other transaction creating <br />any mortgage or other encurbrance or lien upon the Premises. <br />whether by express agreement or operation of law, or suffer any <br />encumbrance or lien to be made on or attached to the Premises, <br />except for the purpose only of obtainir_g: <br />A. Funds only to the extent necessary for making <br />the impro~Jements; or <br />B. Such additional funds, if and*, in an amount not to <br />exceed the purchase price paid b~~ the Grantees. <br />Lntii issuance of the certificate of coL,~ietion, Grantees ,.. their <br />successors in interest shall natify the Director of the C:o~nunit~,~ <br />Development Agency, in advance, of any financing secured b}~ a <br />mortgage or outer similar lien instrument which Grantee proposes <br />to enter into with respect to the Premises, and of any encumbrance <br />or lien that has been created or attached to the Premises by invo- <br />luntary act of the Grantees, or otherwise. ~ <br />- 2 - <br />