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~..,, u(~5257 development pursuant to the Urban Renewal Plan and the Community Development Plan for the residential project. 3. Grantees shall not discriminate upon the basis of race, color,. religion, sex, or national origin in the construction, sale, lease, rents'!, use ar occupancy of any of the dwelling units in the project. 4: All advertising, including signs on the Premises advert- ising the sale or rental of the Premises shall include the legend, "An Open Occupancy Building" in type or lettering of easily legible size and design. 5. Grantees shall not, prior to the compietica of the improve- meats on the Premises, as certified by the Director of the Comm~ity Development Agency, sell, assign, contract to sell, or in any manner convey the Premises or any interest therein without the prior written approval of the Director of the Community Development Agency. Any successor in interest of Grantees shall be bound by the provisi~?ns of this deed. 6. Prior to the completion of the improvements on the Premises as certified by the Director of the Community Development Agency, r_either the Grantees nor any successor in interest to the Premises shall engage in any financing or any other transaction creating any mortgage or other encumbrance or lien upon the Premises, whether by express agreement ar operation of law, or suffer any encumbrance or lien to be made on or attached to the Premises, except for the purpose only-of obtaining: A, Funds only to the extent necessary for making the impravements~ or B. Bach additional funds, if any, in an amount not to exceed the purchase price paid by the Grantees. thttil issuance of the certificate of completion, Grantees or their suc~ressurs :n interest s:~all notify the Director of the Community Iitvel:agsent ,F~gency, in advance, of any financing secured by a mortgage ar other similax lien instrument which Grantee proposes to +~t[er iRlG9 with respect to the Fremises, and of any encumbrance or 13:en that has been created or attached to the Premises by invo- 1s~CaX~y aCt of the Grantees, or otherwise. _ ~