80A - TRANSIT CODE AND STATION DISTRICT - EXHIBIT J

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The omebuyer Loan ~green~ent generally provides for• enc to lend to Homeu~er and for or~ebuer to bor~ro~r fr~rrr ~genc~ loan in order assist I~a~aebu~er{'s ~u~~~as~ ~f tie ProiO~r~y uruant ~o tie F~ia~~~r~ and pub j~~t to the terms and conditions set forth herein, For period or~r~encing upon the date on which Hon~ebu~er~ acquires fee title to the Properly and terminating on the for~tyM~ifth {~Sth} anniversary thereof, the Prope~~ty mad oni~ be transferred to another eiig~ble, qualified Moderate Income Household at an Affordable Housing host; such restrictions a~;e set forth t neater Irrth i~ a docu~e~t entitled Affordable Housing resale Restriction {conditions, covenants, and restrictions Affecting .eal Property and the Resale, ner~ship, occupancy, Maintenance, and ether ~atter~s belated to Deal P~~ope~~t~}, st~~~tt~a~ly ~n #~e farFrrr of Exhibit "I" to the Ho~~~ebuyer~ loan Areerrrent {{`Affordable ~ouir~ Resale Restrictions'}, ~rhich has been entered into and between Agency and on~ebuyer, and which is expected to be ~;eco~4ded substat~tiall~ cor~eur~~ienti~ hetieith~ ao~ the ~~"ic~al ~.ecords of ~ra.nge ount~, alifornia~ The Affordable Housing resale restriction and the Hotnebuyer Doan Agree.ent are deemed to be incorporated herein by r~eferience~ Section ~ of the ~4ffordble dousing Resale Restriction provides as follows Pe~•ml~~ed Sales of the Propcrt~, Agency hereby permits sales of the Ptiopet; to ~~;o~osed Transferees mho ~r;e Moderate Zn.conae ousehalds, and are approved in accordance with this Section prodded the Sales price does not exceed an Affordable dousing host to such propased Transferee {"i'er{x~aitted ~'r*ar~sfers"~~ Ire the event that ~or~eb~r~e~~ desir{es to T~~~rrs~'er~ the F~~oper~ d~r~i~ the Affordability Period, prior to the Transfer the owner shall notify Agency by delivering a Notice of Intent to Transfer to Agency, which shall indicate the identity of the proposed Transferee mho desires to purichase the Property, whether the purchaser is Moderate Income Household, and whether}the sales price is at ~n Affordable Housing host. Zn addition to Hon~ebuyer's and the proposed Transferee's deliver{~ of tl~e Notice of Intent to Transfer, the following procedure shall apply: notice to Agency. Hamebuyer shall send the Notice of Xntent to Transfer to A.enc at the adalr{ess set ~'orh in Section 4~ l~~lf~ca~io~r of P~•opose~ Trnsfc~•ee. The proposed Transferee shall provide Agency vrith sufficient information in the form provided by Aenc~r including without litnitation, a certification as to the income and fancily size of the proposed Transferee, for Agency to deterimine if the proposed A'~TAH~ENT N~. 2»~ DoCoCf ~ ~~~673v131~~0~"~~-0~~ 1 l ~