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TABLE OF CONTENTS <br />ii <br />PAGE <br />Article 3. <br />Continued <br />PROVISIONS RELATING TO ACQUISITION PARCELS <br />§305 <br />Promissory Note and Deed of Trust as <br />Security for Developer's Advances <br />8 <br />§306 <br />Repayment and Cancellation of Promissory <br />Note and Reconveyance of Deed of Trust <br />9 <br />§307 <br />General <br />9 <br />§308 <br />Conveyance of Title and Delivery of <br />Possession <br />10 <br />§309 <br />Form of Grant Deed or Grant Deeds <br />11 <br />§310 <br />Condition of Title <br />12 <br />§311 <br />Title Insurance <br />12 <br />§312 <br />Taxes and Assessments <br />12 <br />§313 <br />Land Use Regulations <br />12 <br />§314 <br />Condition of the Acquisition Parcels <br />and Project Site <br />13 <br />§315 <br />Site Tests; Preliminary Work by the <br />Developer <br />13 <br />§316 <br />Submission of Evidence of Equity Capital <br />and Mortgage Financing <br />14 <br />Article 4. <br />ESCROW <br />15 <br />§401 <br />Opening of Escrow <br />15 <br />§402 <br />Developer's Duties <br />15 <br />§403 <br />Agency's Duties <br />16 <br />§404 <br />Terms of Escrow <br />16 <br />§405 <br />Reconveyance of Deed of Trust and <br />Cancellation of Promissory Note <br />17 <br />§406 <br />Recordation of Grant Deed or Grant Deeds <br />18 <br />ii <br />