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TABLE OF CONTENTS <br />(Continued) <br />Pace <br />316.8 Right of the Agency to Cure Mortgage or Deed of Trust Default .....49 <br />400. OPERATION OF THE PROJECT ............................................................................ ....49 <br />401. Provision of Extremely and Very Low Income Rental Housing-RentaI <br /> Portion of the Project ..................................................................................... ....49 <br /> 401.1 Number of Affordable Rental Units .............................................. .....49 <br /> 401.2 Duration of Affordability Requirements ........................................ ....49 <br /> 401.3 Selection of Tenants ...................................................................... .....49 <br /> 401.4 Household Income Requirements ................................................. .....50 <br /> 401.5 Affordable Rent ............................................................................. .....50 <br /> 401.6 Occupancy Limits ......................................................................... .....50 <br /> 401.7 Marketing Program ....................................................................... .....50 <br /> 401.8 Maintenance .................................................................................. .....51 <br /> 401.9 Management Plan; Property Management .................................... .....51 <br /> 401.10 Monitoring and Recordkeepin0 ..................................................... .....52 <br /> 401.11 Regulatory Agreement and Notice of Affordability Restrictions . .....52 <br /> 401.12 Relationship to Tax Credit Requirements ..................................... .....53 <br /> 401.13 Applicability of Section ................................................................ .....53 <br />402. Provision of Moderate Income For-Sale Housing-For-Sale Portion of the <br /> Project ........................................................................................................... .....53 <br /> 402.1 Number, Location and Quality of Affordable For-Sale Units ...... .....53 <br /> 402.2 Maximum Sales Prices .................................................................. .....54 <br /> 402.3 Affordable Housing Resale Restriction ......................................... .....54 <br /> 402.4 Selection of Buyers; Marketing and Outreach Plan ...................... ..... 54 <br /> 402.5 Income of Buyers .......................................................................... .....55 <br /> 402.6 Maintenance Covenants; Association CC&Rs .............................. .....56 <br /> 402.7 Applicability of Section ................................................................ .....56 <br />403. Provisions Applicable to the Entire Project .................................................. .....57 <br /> 403.1 Use in Accordance with Redevelopment Plan .............................. .....57 <br /> 403.2 Nondiscrimination Covenants ....................................................... .....57 <br /> 403.3 Applicability of Section ................................................................ .....58 <br />500. DEFAULT AND REMEDIES .................................................................................. .....58 <br />501. Default Remedies .......................................................................................... .....58 <br />502. Institution of Legal Actions .......................................................................... .....58 <br />503. Rights of Termination ................................................................................... .....59 <br /> 503.1 Termination by Agency ................................................................. .....59 <br /> 503.2 Termination by Developer ............................................................ .....59 <br /> 503.3 Termination by Either Party .......................................................... .....60 <br />504. Acceptance of Service of Process ................................................................. .....60 <br />505. Rights and Remedies Are Cumulative .......................................................... .....60 <br />506. Inaction Not a Waiver of Default .................................................................. .....60 <br />507. Force Majeure; Extension of Times of Performance .................................... .....60 <br />600. GENERAL PROVISIONS ............................................................................................6I <br />601. Notices, Demands and Communications Between the Parties ..........................61 <br />iii <br />DOCSOGI400673v 14200272-0001 <br />80A-268