80A - TRANSIT CODE AND STATION DISTRICT - EXHIBIT J

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1U.7~1o ~4~~~~iable Ap~tlicu~le ~~c~ar} ~ ~o~,~UO ~~les Pricy - Purci~~se Pt•ice) _ $~D,7~U ~Coitti~tenf ~q~ity ~at•fici~~tiort Amouttt~, ~d~ Calcu~a~lo~~ of Corrfiligc~~~ ~qui#y Pa~•~ici~aa~ion ~~nour~t for ~rbsegr~e~r~ ~o~nebuyers, If pur~sua~~t to Section 4 of tie ~reernerit, buyer` leas fully assumed the Trustor's obligations ~rnder the Agr~eernerit, tl~e dote, tl~is Agency Deed of~`rust, the ~atice of ~ffordal~ility Retr~ictiot~s, a~~d the ~.ffordable Mousing Resale Restt4ictiox~, a~~d tl~erea~fter tl~e ne~v buyer, as the successor` I~orneb~xye~•, is its ~~vr~ership Def.ult tl~at ca~~ses are event of acceleration to oCC~tr, the Cot~ti~~ent equity Par•trcrpatlor~ Amo~ln~t to be paid h~ such rryer s11all he ca~culatec by rn~zltiplying the ~arlable Applicable Factor, stabl isl~ed iii Section 2~1~} above by the difference bet~~veen tl~e Sales P~~ice, establ~slled rn confor`rnity ~rtli Sectlan ller'eof, axed tl~e Pr~rcl~ase Price, ~e~ Na Appr~eci~fioi~ o~' Depreciafion i~~ '~alrzc of P~•apez~ty, If ate event of accele~`at~otl ocel~r,s at a tune ~vheri the Property leas ~~ot app~•ecrated or the val~~e tl~ Prope~•ty leas dep~`eciated ~i~e., tl~e Sales Price is less tl~arr tl~e P~~rchae Price, tlrer~ no Coritir~get~t ~q~rit~r Partrcrpatron Atno~~r~t is d~~e by tl~e Trustor to the Berrefrcrary, ~ Q~ra~ifict~ Capital ~mp~~ovements, ~'he value of at~y Qr~alified Capital l~~~pr+ovet~~et~ts completed ley the Tr`ustor` d«rit~g tl~e `l~a`utor•'s oti~rnership of the Proper`t~~ shall be added to the I'r~~`chase Price lrerr calculating the Coz~tingent Equity Partrcrpatron Amount only if, rrat later tlrat~ tl~ir•ty days pr'ror• to tl~e Evert ofAcceleratiorl ca«s~ng the Contingent Equity Partrcrpatron Arnour~t to become imn~ed~atly due and payable p~~r`s~~at~t to Section Trustor s~rb~nits tl~e follo~vin to the ~eneficrary: ~i~ an itemized lisp of the Qualified Capital ln~p~`oven~ents, iii} reliable proof of cornpletior~ o~ the ratified capital Itnpro~etnet~ts has evidenced e~g~, by final b~lildit~g permits, a certificate of completion o~• original paid invoices or canstructior~ contracts}, ar~d iii i~ an appraisal fron.~ a certif ied appraiser, its fo~`m and substance ~`easonably acceptable to tl~e Exec~~tive Dir`ecto~•, the conclusion of ~~hich is that the Q~~alified Capital l~~proveiner~ts have added the stated atno~z~~t to the fair marl~et value of the Proper`#y, If, itl~in ~~a} days of re~e~l~t of the rr~forrnation cor~cerr~ing the Qualified Capital Irnproven~ents, the >~er~eficiary gr~estions tl~ claimed ir~crease its tl~e val~~e of tl~e Property by r`easor~ of said Qualified Capital Improvements, the Beneficiary and the ~r~rstor may, by rnut~~al areetne~~t, establish tl~e value of the Qualified Capital I~npa•ove~ner~ts or the Beneficiary may require are appraisal of tl~e Propert~t, at tl~e ~'rustor's expense, by a seco~~d ir~depet~de~~t cer•tifiecl appraiser appointed by the Ber~eficiaz~y to determine the fair' rnar`ket val~ze of the Qualified Capita 1 Improvements, fig} Crc~if ~o ~`rus~ni#~ ~ot~vrthstarrdir~g tl~e foregoing pz'ovisions of this Section 2, calculation of tl7e Contir~gex~t Equity Participation Arno~~rrt is subject to a superior right of tl~e Tx4ustor, to receive credit in calculatior~ of the P~~rchase P~•ice fart ~norey paid by the Tr~~stor post acq~zisition and during the term of the ~'rutor`'s o~vnex•sl~ip of tl~e Praperty for installmer~t payments of mortgage principal, p~~rsuant to the First Lien actually made by tl~e E~~IIBI'p C- A'~'7`ACI~B~T N~. ~ 1 `I'o Deed of`'I'rust ~~rrtl~ Asslgn~ner~t of Dents I~~der' to Deed ~'1'ust DQCOQI1 ~0~~73~R13~2~~272-~~~ 1