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TABLE OF CONTENTS <br />(Continued) <br />Page <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-Rental <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 Recordkeeping ..................................................... .....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 Far-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 />DOCS00 140G673v 141200272-0001