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E. REHABILITATED STRUCTURE CITY shall enter into an agreement with Mead Housing Assistance Foundation (hereinafter referred to as "Mead"), which said agreement is attached hereto as "Exhibit B" and incorporated herein by reference, on behalf of PARTICIPANTS, to move the dwelling presently located at 1431 Martha Lane, Santa Ana, and to affix and rehabilitate said dwelling to said real property. PARTICIPANTS agree to be bound by all applicable terms and conditions contained in "Exhibit B." F. FINANCING PARTICIPANTS agree to apply to the Housing Authority of the City of Santa Ana for a home improvement loan in the approximate amount of Thirty-three Thousand Dollars ($33,000.00) to be evidenced by a promissory note and deed of trust to be executed by PARTICIPANTS in the form shown in "Exhibit D" attached hereto. The proceeds of said loan, to the extent necessary, shall be used to pay MEAD for moving and rehabilitating said dwelling pursuant to "Exhibit B" and to defray, in part, PARTICIPANTS' further obligations pursuant to this agreement. PARTICIPANTS agree to execute also a promissory note and deed of trust in the form specified in "Exhibit C" attached hereto to secure the difference between the loan secured in the foregoing paragraph and the cost to CITY of discharging the debts stated in paragraph B hereinabove and any and all other costs to CITY of effectuating this agreement not expressly herein assumed by CITY. Said note and deed of trust shall be subordinate to the promissory note and deed of trust referred to in the preceding paragraph, and shall comply with California Civil Code §§ 2953.1 et seq. G. ESCROW CITY shall open an escrow with an escrow agent mutually satisfactory to CITY and PARTICIPANTS as soon as possible after the effective date of this agreement. This agreement constitutes joint escrow instructions of the CITY -3-