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<br /> ' i[01� RfM?3L P�O!'=R?Z.1i�e!!'.M'a'�bll t+ �M < : .
<br /> � � � � st :ow�:� thRS.�tt.:s,� t��.ao�eo�ii��f.,. i� - - -- -�---
<br /> '!f� �n�ssi�er�d pr Ot !k ,. �•� : �;,,�
<br /> � �oasi¢�rstioa,o# tiM =�ipt o� !'qx�-�011� 'tN411:�MD ritt M�Q�t:
<br /> ��ix'tY tltR st� MO/1Q0 Dallsss ,t�3�1,9i5.sZ f as��a d�l�ss�d Wi►YMn�:lea►n;,�
<br /> f�oa t1K. CITY Or t��MD �S4i1Qf�Ih�=�slt�r, t4s�L1'MO�t1 �os t1��: �,
<br /> s�habi�ltation,� p�r�es�ration a� sel�ae�wM��<ot pri�Y�ly:��n�r�. .
<br /> zeside�►tial r�i7. propestY contalniaq.iwenty ana nnlfas toz ,re�t or
<br /> lease to t�nants, vAich is coauaoniy �novn aa 32� �st K�niQ
<br /> apd 3egs21y d�scsiDad as s . . - . �.
<br /> Lot� S a�d 6, Alocic 98, Qailzoad �dditica Ca.tihe . . - .
<br /> � � City of Oss�d Island � � . � � . .
<br /> - �6�siiaaftar, ths PAOJiC?) � � �
<br /> leq�i os equ�itsble title to vhiah is held �y�`the HORRO�iR, b�s�by ;..;
<br /> � aq=as and co�ent to the csealion and�ixpositfon o� a lien nQos �b� _ _ - r.:;,.
<br /> pit4.ISC? fos tbe. benefit of the LBND�R,. subjeat to the folloving t�xws:
<br /> � and aonditionss. . . - '
<br /> ,�� 1) .Snch l ies� sha11 be in the fnil asount of�the defesred p�i�ent .
<br /> , � loit�_q�iven by the LslID�R to the aORA01iER• ' �.:� . _ ,
<br /> 2� Sucb I,ien shail be in effect'�Q�:ten yesss fros.:t�a co�pletioA o� _
<br /> the proiect as evidenced by thp da►�e.:of the Certtfic�ite of Ei�l ' : �.
<br /> inspection. . . . _... ......_... _ �.
<br /> . ;:�:
<br /> 3) TRe BORROtI�R agsees: to keep d�re7.Iing units in the PROJiCT in .
<br /> gooa condition and repair, fuliy t��abie and aot to seaove or
<br /> detoiiah any dvelling unit thereon: to coapiete .or zeatoze prosptly
<br /> and in good and vosk�aanlike :anner any dwelling unit vhich s�y be
<br /> aonstsucted, daaaqed or destrayea thereo� aad to psy vhen due ali
<br /> claiss fos iabor perforud �aad.�ateziala furnlahed to the QiiOJZCts to _ •
<br /> cospiy vitt� ail lawa affecting aai� �ROJBCT o= =eqvisinq s�y .
<br /> aiterationa or i�psovenents �o be �ade theseon; not to cos�it oz
<br /> , pesait vaate theseof; not to co�ait, sufte� or pes�it any. act theseon �
<br /> � , in violation of lav. ' . . •
<br /> �) The BORRONER agsees: to pzovidt, �aintain and delfves to�the .
<br /> i,lND81t evidence of fi=e an� extende�i covarage inausance ast�sfactory .
<br /> to the LE�ID�R in the ozdes and a�ount auf£fcient to pessit sepais oz
<br /> repiacea�cnt purauant to paragsaph 3, abov�, of the balance. �,
<br /> outstan8ing of thi� 2ien.
<br /> 5) The. 80RRCN8R agreea to pay all taxea, aasesamer��m, utilitiea and '
<br /> othe= expen�ea of the pROJBCT when due and withaut delinqaenay and
<br /> ehall not pe�sit any lien� ta be isyoaed on tha PI�OJEC? by xeaaon of �
<br /> " , any delinquency. , � � ' � -
<br /> 61 THi HOftRONBR agreea na�.to convert the dveiling units in the
<br /> pROJBCT to :coadoainiu� ovn�s�hip or ta any �fora of 'coop�ra�ive
<br /> omershiQ vherein renta are not affordable to lover inco�e houssholds
<br /> ,(as these ter�s "affordab2e" and "lower in�oae Aou�eholda" •wsy De =
<br /> defit►ed by the LBNDEAI. ' � �
<br /> �7� ,The BORR011iR agsaes: not to discri�inate against os deny -
<br /> . occupancy to any tenant or proapective tenant by seaaon of their
<br /> sic�ipt of, os eligibility foz, hous�ng aasiatance, under any -
<br /> 1ed�ral, 8t�t� oY. locai housing assistance psoqsa�= and not to -
<br /> discriafnate agaieat ax deny oceupsncy to any tenant or prospective' _
<br /> t�na�t -by resson�that the tenant has s sinos child os childzen vho . _
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