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L <br />Y�- 31 <br />C�1CAGO TITLE.?4 xpDli <br />— �qSjo&! <br />11114103 <br />RECORDING REWESTD By E <br />AND WHEN RECORDED RETURN TO: F2ecorclecl in Official Records, Count of Orange <br />Tom oaly, Clerk -Recorder <br />City Of Santa Ana NO FEE <br />CominunitY Development Agency 102 122 2003001478009 01:22nrn 12/12/03 Al2 31 <br />Housing Department M-37 20 Civic Center PlazaP 0. 00 0. 00 0, 00 0. 00 0. 00 oxo 0. 00 0. 00 <br />, <br />P.O. Box 1988 Floor <br />Santa Ana California 92702 <br />SPACE ABOVE THIS LINE FOR R TECI 10, R, �-DIN 3 <br />- ( USE <br />FREE RECORDING REQ UESTED <br />[Government Code Section 6103] <br />AGREEMENT CONTAINING COVENANTS <br />THIS AGREEMENT <br />entered into as of CANTAIMING COVENANTS <br />FOUNTAINHEAD ART -- NOVember I (tile "Agreement,,) j. <br />NERsL'P., a-- --' 2003Y by and among <br />among Others, ORA Califbmia Ifinit'ed partnersl - <br />11P, cOrnPlised of, <br />NGE HOUSING DEVELOPMENT CORPORATION and MOSAIC <br />HOUSING GROUP) LLC (collectively th <br />ANA' a charter city and municipalC "DEVELOPER,) and the CITY or, SANTA <br />corPoration (file ,City) arld <br />REDEVELOPMENT AGENCY OF THE CITY t1le COMMUNITY <br />corporate arid politic (the,,A8eRcy,,). OF SANTA ANA, a Public body, <br />RECITALS: <br />A. DEVELOPER is the own' <br />located in the City of Santa Ana more Of that certain real property (tile ,PrOPc <br />attached hereto and incorporated herein b Particularly described rty <br />y this re in Exhibit A, which is <br />B. Vor ference; and <br />the PUTPOSC of providing housing that will be affordable to VeTy Low <br />and Low Income households, the, DEVELOPER the Agency a' <br />into that certain Loan A and the City have entered <br />Agreement,,) to greernCrit, dated on 'or about the date hereof (the "Loan <br />its attachments, which this Agreement is attached as Exhibit H, which along W" all of <br />is 'DcOrPorated herein by this reference zany <br />otherwise defined in this Agreement shall have the RIC capitalized tern, that isnot <br />Loan Agreement); arid anng ascribed to such teen in the <br />C. The Loan Agreenlent <br />Property for senior housing Provides, among other things, for tile use of tj for seniors the <br />eleven 0 1) HOME Assisted fifty <br />-fve Years Turd alder <br />households, at A Units being restricted With not less than <br />Affordable Rent; and to Very Low and Low Income <br />1 of 14 <br />