80A - TRANSIT CODE AND STATION DISTRICT - EXHIBIT J

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limitation, ~ cert~ficatlon as to the ~r~con~e and fatnrly srze of the proposed Transferee, for Agerrey to determine if tl~e proposed Transferee is a Moderate Incorne Ha~~sehald, and the p~~rchase price is at an ~ffardabie Housing host, e. ~~~~ti~~cate~ f~~om Par•t~es~ Hotnebuyer and proposed Transferee each shall certrfy rn writing, ixa a form acceptable to Agency, that the Transfer shall be closed in accordance ~~rith, and only ~vitlr, the ter•~ns of tl~e sales contract acrd other dau~nents s~~b~nitted to at~d apprn~e~i by Agency at~d that all cor~sider;atiar~ delivered b~ the proposed Tra~rsferee to a~~ner llas been firll~ disclosed to Agency Tl~e ~vritterr certificate shall also i~~clude a provisia~r that in the eve~~t a Transfer rs made rn vlolatton of tl~e tetras of this Restrictiat~ or false or ~r~lslead~I~g s~aternerlts are made In any dacunlents or cet•tlf~icate srlbtnltted to Agency far` its approval oftl~e Tt+at~sfe~;, Agency shall have tl~e right to file an action at la~~ ar ire equity to tnal~e the parties ter~r~ii~ate andlor rescltrd the sales cat~tract arrd~or declare the sale void l~at~~~lthstandirig the fact that tl~e Transfer may l~a~e clas~cl a~ld became firral as bet~~een Harr~eb~~yer a~~d Transfcree~ t}~ ritteti orlsetl~ of ,~~ericy ~equll`e~i Before Tr•ansfcr, During the Affardabllity Period, tine Prope~•ty, and any interest therei~~, shall ~~ot be carrveyed by any Transfer except with the expzess written canserrt afAgetrcy, ~~~~ii~ cot~set~t shall be given only if the Tra~~sfer is 1Il accordance ~vitl~ the provisiat~s of this Restriction, This p~'ovisiot~ shall ~~ot pralribrt the encr~mbel'in of title for` the sale pr~rpose of securing ~rra~rcing of the purchase price ofthe Property e, I~ot~ce of Prahil~ite~} Transfer, itlrir~ twenty ~~a~ days after receiving rratifieatia~~ of a proposed Transfer in accordance with ectian 4,, Aelrcy shall determine and give trotice to Hotnebuyer as to v~lretl~er tl~e proposed Transfer` rs a >~errnitted Trat~sfe~i ar Prohibited Tra~rsfei•, or ~vhetl~er the Transfer ~~a~zld ca~~se ate acceleration of the dote utrder section I,f, of the Agreex~xe~~t at~d, in ~~l~iclr case, E~pon Ho~neb~~ye~~'s payn.~ent of the antingerrt 1~~uity Pa~~ticipation Arnourrt as set fa~•tli in ectia~l ~ of the Areernetrt ~~cl~ T~•ansfet• ~valrld be deemed a I'ermttted Transfer hereunder }~a the event that the proposed Transfer is a Prohibited Transfer, such tratice to Hon~ebuyer shall specify tl~e ~~atu~+e of tie Prohibited Transfer, If tl~e violation is riot corrected to the satisfaction of Agency ~~iti~i~a tet~ ~ 1 a} days after the date of the r~atice, o~• ~vitl~in such further tit~~e as ~ge~lcy determines is necessary to correct file violation, Agetrcy tnay declare a Default under this Restriction. Upon the declaratiotr of a Defa~~lt,l~ency inay apply to a ca~zrt of competent ~r~rrsdretrorr for specific peaifot•~r~ance of this Restrrctrorr, for air inrrnction prohibiting a pr+opased sale or' Transfer its vialatior~ of this Restrictiarr, far• a decla~•atio~~ that tl~e Prohibited Transfe~• i void, ar far a~~y such atlrer relief as may be appropriate, f, De}i~Te~~ of Dnculrlerr~~ upon the close of the proposed Transfer, Hornebuye~~ a~~d Transferee, as applicable, shall provide the Agency ~~ltlr a copy ofti~e final sales contract, settlement statement, escrow ltrstr~~etions, all certificates required by this ectiox~ 4 at~d any other dacumer~ts Agency ~r~ay request. HIBIT D-5 TD ATTAHM~NT 11 Affordable Housing Resale Restrictiar~ ~O~s~11 ~~~673~T~ 31~~~~~2-~~~1