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<br />E <br /> <br />3. Grantees shall ant discrimii[ate ugan the basis of rare, <br />color, religion, sex, or national origin in the ccrostruction, sale, <br />lease, rental, use or occupancy of ary of the dwelling units in Che <br />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 />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 />Development Agency, sell, assign, contract to sell, or in anp <br />manner convey the Premises ar any interest therein without the <br />prim written approval of the Director of the Community Develnpme32t <br />Agency. Any successor in interest of Grantees shall be bound by <br />the provisions of this deed. <br />6. Prior to the completion of the improvements 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 Fremises <br />shall engage in any financing. or any other transaction creating any <br />mortgage or other encumbrance ar lien upon the Premises, whether by <br />express agreement or operation of Law, ar suffer any encumbrance or <br />Lien Co be madC on or attached to the Premises, except for the <br />purgose only of obtaining; <br />A. Funds only to the extent necessary for 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 />Uhntil issuance of the certificate of completion, Grantees or their <br />successors in interest shall notify the Director of the Community <br />13evelo~ent A8'encY, in advance, of any financing secured by a <br />?rC~!~ nr att~er similar lien instrument which Grantee proposes to <br />meter into with respect to the Premises, and of any encumbrance or <br />lira t2nat has bean created or attached to the Premises by invo- <br />l~tary act of-the Gxentees, or otherwise. <br />7. The holder of any aprtgage authorized by the Director of <br />the Cc?~uaity ~velopaw,nt Agency, including any holder who obtains <br />- 2 - <br />