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pursuant to the Urbax-- Renewal Plan and the Community Development Plan for the residential project. 3. Grantee shall not discriminate upon the basis of race., solar, religion, sex, or national oriin i.n the construction, sale, lease, rental, use or occupancy of any of the dwelling units in the project. 4. A11 advertising, including signs on the Premises advert- ising the sale or rental of the Premises shall include the legend, "An ripen Occupancy &uiidirg" in type or lettering of easily legible size and design. S. Grantee shall not, prior to the completion of the improve- ments on the Premises, as certified by the Director of the Community Development Agency, sell, assign. contract to sell, or in any manner convey the Premises ar any interest r_herein without the prior written approval of the Director cf the Community Development Agency. Any successor in interest of Grantees shall be bound by the provisions of this deed. b. Prior to the completion of the improvements on the Premises as certified by the Dixeetor of the Community Development Agency, neither the Grantees nor any successor in interest to the Premises shall Pngage in any financing or any ocher transaction creating any mortgage ar other encumbrance ar lien upon the Premises, whether by express agreement ar operation of law, ar suffer any encumbrance or lien to be made on or attached to the Premises, except far the purpose only of obtaining. A. Funds ~}??ly to the extent necessary for making the improvements or B. Such additzanal funds, if any, in an amount not to exceed the purchase price paid by the Grantees. Until issuance of the certificate of completion, Grantee or its successors in interest shall notify the Director of the Community De~14ps~nt Agency, in advance. of any financing secured by a mortgage or other si-miler li.~n instrument which Grantee proposes to enter Lnt~ with respect to the Prez~ises , and f~f any encumbrance car £, that k~as bean created or attached ro the Premises bq invo- luntar~ act of the C;ranteea, or otherwise. ..