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EXHIBIT C - (continued) RE[~fALREHABILIATION SERVICES 1. In addition to the standard disbursement services offered, Lender or its Agent agrees establish a separate Rental Rehabilitation depository account with a local financial institution of Lender's choice for receipt and deposit of funds received via transfers from HUD as required under the HUD Cash Management System. 2. Upon loan approval Agency agrees to send private sector loan proceeds or other non-rental rehabilitation Agency funds and properly properly completed Control Instruc- tions to Lender or its Agent. 3. Fund Disbursement activities shall be performed by Lender or its Agent as indicated under the Fund Disbursement Section previously described except that each disburse- ment authorization submitted by the Agency shall indicate what portion of the disbursement is to be drawn from non- rental rehabilitation funds and what portion shall be drawn from rental rehabilitation funds. 4. Agency agrees to forward copies of the HUD Rental Rehabi- litation payment voucher to Lender or its Agent along with the disbursement authorization when funds are to be drawn from Rental Rehabilitation funds unless Lender or its Agent is contracted to produce and forward payment vouchers to HUD. 5. Lender or its Agent agrees to review payment authoriza- tion for accuracy and completeness prior to issuing payment checks. 6. Lender or its Agent agrees to full and appropriate reporting requirements of HUD for Rental Rehabilitation funds and non-Rental Rehabilitation Funds. Lender or its Agent agrees to forward the project Pre-Rehabilitation Report upon completion by the Agency to HUD. 7. Lender or its Agent agrees to forward payment vouchers to HUD prior to the next request for Rental Rehabilitation funds. Lender or its Agent shall submit Project Comple- tion Report to HUD Central within ninety days of rehabi- litation completion and shall retain all appropriate records in a permanent project file.