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6.B. - Page 124 of 177 <br />Section 8.14 Tax Credit Provisions. <br />(a) Notwithstanding anything to the contrary contained herein or in any <br />documents secured by this Deed of Trust or contained in any subordination agreement, and to the <br />extent applicable, the Beneficiary acknowledges and agrees that in the event of a foreclosure or <br />deed -in -lieu of foreclosure (collectively, "Foreclosure") with respect to the Security encumbered <br />by this Deed of Trust, the following rule contained in 26 U.S.C. Section 42(h)(6)(E)(ii), as <br />amended, applies: <br />(b) For a period of three (3) years from the date of Foreclosure, with respect <br />to any unit that had been regulated by the Regulatory Agreement with the California Tax Credit <br />Allocation Committee: (a) none of the tenants occupying those units at the time of Foreclosure <br />may be evicted or their tenancy terminated (other than for good cause); (b) nor may any rent be <br />increased except as otherwise permitted under Section 42 of the Internal Revenue Code. <br />[Signature Page Follows] <br />1199\09\2723506.3 19 <br />11 WOM2727850.8 <br />ATTY/AGR.2020.100/353 Main Street Apartments LP (Page 116 of 143) <br />153 <br />