80A - TRANSIT CODE AND STATION DISTRICT - EXHIBIT J

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~HIBIT PR~RA ~]~L~U~E S'~ATEN~~~~ Il~ve ~Horrrebrryer} ulderstand alyd that the provlsiolr of ~nalrcial assistance frulrr fire ammunity Redevelaprrrent Agency of fire pity of Salrta Ana {"Aerrcy"} under` Agency's Affordable ~Iousirlg rlrrple~~~el~tation Pro~ranr ~"Prograzr~"~ is corrditianal on a number of factors, i~nclrrding, bll~ not I11I~lted tQ; • Il~ve are brryrrr a sllrgle fa~rllly home ~~lthllr the ~lty of Santa. Alra, ~lriclr is available to lrrelus at Affordable Harrsirrg host pursuant to Health Safety bode Section 50~~,~ ~ Il~ve l~rust qualify as a l~.ode~+ate Irrcarrre I~ousel~old pursuant to and as defined itr tl~e alifornia Health 8~ Safety fade Sectialrs D~~~ * ~~~ve rrrust ~~ralify fog` a fi~•st nror'tgage lror~re loan fl'arn an ilrstitutio~~al letrder acceptable to I]eveloper alyd Agency. • ~l~e must pay at least three petcel~t ~3°Io~ of the l~on~e pr~~~chase prico froln m~~a~~a~ ~~vl] fi~lyds, except a atlrer~vlse pel•mitted by the Lerrdel', # Il~~e lrrust qualify for assistance under' fire rridelines ofthe Pr'ograln, Ile further ~~nderstand and agree tl~at; • 11~~e will be r'espalrsible for; repaying the ~nalrce assistance pr'ovlded by Aez~cy~ If I1~~e comply with all of the recl~~irements of fire prog~•a~~, ~O~ve will a~ve rro interest otr Hoebrrye~' Asslstalrce Loan and tl~e principal arrrou~xt tl~at ~1~ve a~ve to the Aerrcy pursuant to the I'rogral~ mill be forgiven lrpalr the fal•ty-full ~~th~ antriversal'y of the date of the protrlissary date executed pursuant to the Prog~ia~~r~ ~'he ~o~~rebuyer Assistance Loa~~ An~aurrt and the ot~titrge~~t equity Participatio~~ An~ol~trt will be irnlnediately due and payable ~~pon sale or tl'alrsfer of the P1'aper'ty ar if Il~ve refinance a~~r first ~nox~tgae lrarrre lawn ~~~itlro~~t the Agency's ~~ritten approrral or ~f I~~~~e no lalrger occupy fire Property as nrylo«r prilcipal residence ar I1~ve ale ilr default of any abligatio~~ under the Lawn Areerrlent which is a part of fire Program, Il~ve understand that tl~e contingent I~quity Partlclpatlorr Amount ~ interest orr the Ho~r~ebuyer' Assistance Lawn, ~~lricl~ ~~ill provide fire Ael~cy a sl~ar~e of the appreciation its fire value of the Propert}T if ~l~~e seii, tra~~fer, ar 1'efilralrce tl~e Plopel'ty, Uwe acklro~vledge that a ~ol~tilrerrt ~q~zity Paz~t~cipation Alna~~lrt v~ili be payable by melus upo~~ the occurrence of each and every evel~t as described llr Section l ,~~f~ of the Laan Agreerrrent, ~ Il~ve lrlay pt`e~rel~t the Cantingent Lq~~~ty Pa1'tlclpatlarr Arna~xnt and fire pr'lrlclpal amount of tl~e Nate fi~arrr beco~r~ixa due and payable by retaining the Property, or ~H~~~T D-1 T~ ATT'A~~NT N0, ~ ~ ~ TO Affordable Hamebuyer Loan Agreement Pr;orarn Disclosure Statement DOCS~~1~ ~~~~?3~~~ 31~0~~7~-~~~ 1