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§321 Submission of Evidence of Mortgage Financing................................................. 17 <br /> Article4. ESCROW............................................................................................................. 18 <br /> §401 Opening of Escrow .............................................................................................. 18 <br /> §402 Conditions Precedent to Close of Escrow............................................................ 18 <br /> �403 IAC's Duties ........................................................................................................ 19 <br /> §404 Agency's Duties...........................�........................................................................ 19 <br /> §405 Terms of Escrow..................................................................................................20 <br /> §406 Recordation of Grant Deed or Grant Deeds.........................................................21 <br /> Article 5. DEVELOPMENT OF THE IAC PROJECT.......................................................21 <br /> §501 Scope of Development.........................................................................................21 <br /> §502 Basic Concept Drawings......................................................................................22 <br /> §503 Agency Cooperation With Processing.................................................................22 <br /> §504 Cost of Construction............................................................................................23 <br /> §505 Construction Schedule.........................................................................................23 <br /> §507 Rights of Access ..................................................................................................25 <br /> §508 Local, State and Federal Laws.............................................................................25 <br /> §509 Anti-Discrimination During Construction...........................................................25 <br /> §510 Taxes, Assessments, Encumbrances and Liens ...................................................25 <br /> §511 No Encumbrances Except Mortgages, Deeds of Trust or Sales and Leases- <br /> Backfor Development.........................................................................................26 <br /> §512 Holder Not Obligated to Construct Improvements..............................................26 <br /> §513 Notice of Default to Mortgage or Deed of Trust Holders; Right to Cure............26 <br /> §514 Failure of Holder to Complete Improvements.....................................................27 <br /> §515 Right of the Agency to Cure Mortgage or Deed of Trust Default.......................27 <br /> §516 Right of the Agency to Satisfy Other Liens on the Acquisition Parcels <br /> AfterTitle Passes.................................................................................................27 <br /> §517 Certificates of Completion...................................................................................28 <br /> Article 6. COVENANTS; NONDISCRIMINATION.........................................................28 <br /> §601 Covenants as to Uses ...........................................................................................28 <br /> §602 Nondiscrimination................................................................................................29 <br /> §603 Rights of Access ..................................................................................................30 <br /> §604 Effect of Violation of the Terms and Provisions of this Article 6 After <br /> Completion of Construction................................................................................. 30 <br /> 9627:83976.25 <br />