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{i?} In con??ectioii with the Developer's n?arket?rig effo??ts and <br />its obllgtlon to provide hausirig counseling acid apprapriate disclosure #o prospective <br />Hornehuyers of Affordable Fo?•»ale Uiiits as descr4ibed in subsection above, the Agency <br />ackrio4?ledges tlaat it will assist the De?eloper? in a Irriiited role in that the Agency staff will be <br />reasonably available for reasonably limited tiriies to receive and answer questions of prospective <br />??anibuyers, bit Drily as to those p??ospec#ive Horriebuyers wlia leave been pre?io??s?y screened <br />and e?alua#ed by the developer for its agents as a Moderate Iricorne Household nieetiri the <br />criteria established lierern as potet?t?ally ?iralified to p????cl?ase an Affordable For«ale Unit as <br />well as revie??red preiimit?arily as to acid regarding creditwartliir?ess at?d eligibili#? to apply for <br />and obtain first Iieti mortgage fo purchase ara Affordable For-dale Unit; nothing in the <br />foreolri statet??ent r?egardrrig the Ag??cy's lirrrited role iti I?o??sir?g couriselrng sliali obligate, <br />invalve, or require Agency {or lty} or atiy of their staff, consultants, o?? counsel to assist ire tl?e <br />ti?arketit?, lousing co??tiseli??, disclosr?re, or sate of at?y Far-dale Uriits to any prospective or <br />act??al buye??, or selection of s??ci? bityel', ???hicli is acid s1?aI1 ??er??ain the »e?relope?i's sole Iegal, <br />car?tractuai, at?d finatlcial respoi?sib?i?ty, <br />{c? The sale of each Affordable Far-dale Uriit ? the Developer to aii <br />eligible Horriebuyer` sliali be subject to the satisfaetiot?, ar waiver by the Agency ?xeeutive <br />Director of tine following conditions p?`ecedent nuiribered ?i} tix?`ougl? {x) inclusive: <br />{i? ?ss?cra??or? ?'s? P??rs??a??t to the regE?ireinents of <br />section 40Z{b? of this Agree?r?ent, the Developer shall have {or ca??sed to Dave} prepared, <br />approved, exec??ted, for??ed, and caused to be recorded tl?e Declaration of o?e??ants, ?oriditioi?s <br />acid restrictions for tl?e hai?.eow?ie?•s association {tl?e "Association"} for the For-dale Portion of <br />the Project {tl?e ?`Associatiori ?R"? p??ior to issuance of tl?e firs# certificate of occupancy <br />{telr?porary or perrr?arie?at} for any Housing Uri?t {wl?e#her or nat such ?otl?n t?nr# is restricted <br />pursuant #o the teriris ofthis Ar•eeiiient? ?itliin tl?e Fo?4?ale Portion ofthe Pt`ojeet. <br />{ii} .??o??dab?e ?o??ySa?? ?J?i? o???????e??, Tlie applicable <br />Affordable For»ale Unit shall ha??e been co?npleted, as e?vide??ced by issuance of the certificate <br />of occupancy for s??cli Affordable Far-dale Unit <br />{iii} ?scr??i?tt, Tlie Hon?ebliyer?s purchase oftlxe Affordable ?'or_ <br />dale Unit wall be transacted tlirougia ate escrow with a?i escrow holder satisfactory to #l?e <br />De?Telaper acid Agency E?ec??tive Dir`ector? hosts for s??cl? escrow shall be cliare to at?d <br />deducted fi?ani the proceeds ofthe Plarnebuyer Assistaxice Loan. <br />{iv} .?s???oi?i ?t?s???t[c?r????. The Agency >}Keer?tive Dirac#or for <br />his or' liar designees shall Have approved the instr•uctfotis fog` tl?e Hon?ebuyer's esc?`ow. It is <br />anticipated that the Ager?cy Executive Directo?k for his or liar desig?iee} will approve such <br />instructtol?s within fifteen { 15} days after receipt of a cor?ple#e package of escrow instructions <br />and s?ifficietit evidence indicating that the selected Harnebuyer• satis-?es the requiieii?ents of this <br />Agieerrient, <br />??} .?or?r???r,??e}? ?oa?r ???ee??te??. The Agency atld #l?e <br />Harnebuyei4 shall have entered into a Hotr?el?uyer Loan Agreement and all related loan <br />doci?mer?#s and such ?omeblryer Loan Agreei?ient and such other ac????net?ts shall have been <br />?o?so????a?????T? ???oo???-???i <br />44