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EXHIBIT 2 <br /> EXHIBIT D <br /> foreclosure. If title to the Property is transferred by foreclosure or acceptance of a deed in lieu of <br /> foreclosure, or assignment of the First Lien to the Secretary of the Department of Housing and <br /> Urban Development, this Agreement and the Authority Deed of Trust shall be automatically <br /> terminated and shall have no further effect as to the Property or any transferee thereafter. <br /> However, in no event shall this Agreement, the Deed of Trust, and the Affordable Housing <br /> Resale Restriction, be subordinate to any First Lien on the Property securing a loan with <br /> provisions which allow negative amortization, or to refinancing of the lien of the First Lien for a <br /> loan amount in excess of the sum of the then current loan balance secured by the First Lien and <br /> loan closing costs. <br /> Trustor agrees it shall instruct the Escrow Agent for the acquisition of the <br /> Property by Trustor that the order of recording in the escrow for the purchase of the Property by <br /> Trustor shall occur as follows: (1) the Grant Deed, (2) the First Lien; (3) other affordable <br /> housing loan(s), if applicable; (4) the Affordable Housing Resale Restriction; (5) the Notice of <br /> Affordability Restrictions and (6) the Deed of Trust. City shall cause a Request for Notice of <br /> Default to be recorded on the Property subsequent to the recordation of the First Lien deed of <br /> trust or mortgage requesting a statutory notice of default as set forth in the California Civil Code <br /> Section 2924b, and shall cause a request for Notice of Delinquency to be recorded on the <br /> Property subsequent to the recordation of the First Lien deed of trust or mortgage. <br /> IN WITNESS WHEREOF, Trustor has executed this Rider to Deed of Trust as of the <br /> date set forth below. <br /> TRUSTOR/HOMEBUYER: <br /> By: <br /> By: <br /> City Council Exhibit�2 — 109 7/16/2024 <br />