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80006861
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Last modified
1/14/2010 3:45:38 AM
Creation date
1/14/2010 3:45:29 AM
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DEEDS
Inst Number
80006861
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f ~._. <br />t3("~~i8~i1 <br />lease, rental, uae or occupatYCy of any of the dwelling units fn tije <br />gro j+~t <br />4. All advertising, including signs on the Premises advert- <br />ising the sa.le.or rental of the Premises shall include the legend, <br />"Atn E3ges- Occupancy ~cilding" in tape or lettering of easily legible <br />size and design. <br />' S. Grantees shall not, prior to the completion of ttte imprave- <br />me~sta oa the Premises, as certified by the Director of the Comity <br />Development Agency, sell, assign, contract to sell, or in ang <br />r convey the Premises or any interest therein without the <br />prior written approval of the Director of the Community Development <br />Agan,zy. Any successor in interest of Grantees shall be bound by <br />Che provisions of this deed. <br />fi. Prier to the completion of the impzovements on the Premises <br />as certified by the Director of the Community Development Agency, <br />neither the Grantees nor any successor in interest to the Premises <br />stall engage in any financing ar anv other transaction creating any <br />r~rtgage or ntiier encumbrance or lien upon the Premises, whether by <br />a~sr~~g x~rna~enC o£ operation of law, or suffer any encumbrance or <br />lien to be made oa ar attached to the Premises, except zar the <br />purpose only of obtaining: <br />A. Funds only to the extent necessary far making <br />the improvements; or <br />B. Such additional funds, if any, in an amount not to <br />exceed the purchase price paid by the Grantees. <br />t~stii i.asuance of the certificate of completion, Granteeeb oi` their <br />successors in interest shall notify the Director of the Community <br />Development Ag~+cy, in advance, of any financing :secured by a <br />mortgage or other similar lien instrument which Grantee proposes to <br />ec-ter iota suth respect ea the Premises, and of any encumbrancc or <br />lies that has been created or attached to the Fr,emises by invn- <br />1~-Cary act of the Grantees. ox otherwise. <br />7. Ttte kwlder aY any mortgage auttoriaed by the uirector of <br />ths: Cpatsity D~velopmea-t Agency, including any holder wtn obtains <br />title to the Premises ar any part ttereaf as a result ~~f fcarecinsure <br />prt~acsAitxc or accior~ in lieu thereof ibuc not including: <br />_ ,~ <br />
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