80A - TRANSIT CODE AND STATION DISTRICT - EXHIBIT J

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~rrcirn~bra~rces, irbori~lllr~~IOII, P~xcept as provided otherwise herein, the pro~isians of the Loan Agreerrrent, this ~estrictian, fire Notice of Affardabi~ity I~estrictiarrs and tl~e Agency deed afTr~~st and ~.ider, the obligations herein and therein, shall be subordltrate only to the P~rst Lien on the Praper•t~r and, if applicable, other l~an~s~ as approved by the Plxecutive I)ir•ectar, ~~rcluding Derr ~nstrut~rents that secure others Plorneb~zyet~ purchase money at~dlor ~lo~vrrpay~nent assistance, i~rcluding ~vithaut limitation pity, Mate of ali~ort~ia, ar feder'al affordable hausi~rg pr'agratns, which liens shall ~1at impair the rights render the ~"irst Lren itl the event of default under the First Lien by I-lo~rrel~~~yex`~ such remedies t~t~der the Ii trst Liex~ include the right o~ fareclosr~re ar' accepta~rce of a deed or asslgtrnret~t in lieu of f oreclosr~re. I~ title to the Pxo~er~t~ is transferred by fo~'eclasure ar• acceptatrce of a deed in lieu of I`ar•eelosu~•e, or assignment of the first Lien to fire ecretar'y of the Departt~rerrt of Housi~~g and I~r'ba~r I~evelopx~rent, the Laa~r Agrec~~rent, this Restrictiotr, and Age~rcy Deed of Tr~~st si~all be autarnatically te~•rninated and shall Irave too further' effect as to the Property at• a~~y Trar~sferee tirer'eafter, Ha~vever, in Ala event shall the Loan Agreement, fire Ae~rcy Deed of Trust, acrd this Affot'dable Hauling resale I~estrictian, be s~zbordit~a~te to airy First Lien arr the Prape~~ty securi~r a loan ~vitl~ provrsrons which allow negative atnortizatiotr, ar to ~'efitratrcrrrg of fire lietr of the I~'rrst Lien far a laarr a~nau~rt in excess of the s~~rn of tl~e then current loan balance sec~~red b~ tl~e Flr'st Lrerr atld laatr closlrrg costs b. I~egrrest for notice of efaul~, Age~rcy trray cause a eq~~est for Notice to be recorded ail the Property subseq~re~rt to the rccordatiot~ of the First Lien deed of trr~st ar' mortgage ~'egr~estin a statrztox'y notice of defar~lt as set fartlr ilr tali-~a~~nia i~il fade ectiaxr ~~~4b. A l~o~•rn of a Request fay' Notice is attached Irereto as Attaclrtne~~t No. 3 acrd incorporated herein, c, I~'ux~~her I~~rc~€mh~~a~zccs. Ho~neb~~~~er a~'ees that it shall not a'ecord ar cause tine ~'ecordatiarr of airy deed of trust ~"Purtl~er ~~~cunrbrance"} sec~~ring a ~~ate lravitr an origi~ral pr+ir~cipal sum ~~~hich~ i~et~ added. to the s~atn of the pri~rcipal amounf~s} of a~l~ Crates secured by a~iy deeds of trust agaitrst the Ptoper'ty as of the date of recor•datiotr of tl~e Further ~t~cutnbrance, exceeds one hundred. perce~~t ~ 1 as°I~} of the fait• ~~~a~~ket val~~e of the P~•operty. eirr~b~~rserYrerrt Ag~'eer~ren~, l~a~nebr~yer• acrd Agency shall enter into a Reimbur'se~nent Agreement, s~~bstantially in the farm attached hereto as A.ttacl~trrent No, ~ arrd i~rcorporated herein, v~irich provides that Agency rrray snake payrrre~rts to rare defar~lt or delinquency on the First Lie~~, ors the condition that Hamebuyet' agrees to rei~rrb~~rse Agency for arly pay~rre~rts made to cure a default or delinquency oar tl~e First Lien, Ho~x~ebuyer's repayrne~rt obligations p~~rst~ant to the Rermb~~rsen~ent Areerrre~rt shall be secured by a s~~bozdit~ate deed of trr~st which errc~~tnbers the Pr•oper•ty, lr~ the e~e~it tllat Ha~r~ebuyer refinances floe First Lien, Hornebt~~eai and Age~rcy shall exater itrto an atrrend~~rent to the l~einrbu~'se~ncnt Agr'eemetrt or• a tre~v Reitbursement Agreement. The Tr•arrsfer'ee of tl~e Pr~o~~erty and Agency shall also enter into a ne~v Rermb~~rsernent Agreement upon tl~e Transfer of the Property. Agency shall execute such st~bordinatiarr agreements as may be reasonably requested by the laolderi of a I~ first Lien, 7, ~s~s, Hor~ebE~yer cavex~ants atld agrees to devote, use and rnainta~n tl~e Pr+aperty !n accar•da~lce ~vrtlr ~~~ls I~estr'lctlarl, rises conducted on the Property, 1~1Cluding, ~v~thout HIBIT I~-~ ATTA~H~I~NT N~, l l Affordable I-lousing Resale Restrictio~r D~CSO~Il~00C7~~F131~~~~72-00~~ E