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404. Relocation............................................................................................................ 12 <br />405. Replacement Reserve Account............................................................................ 13 <br />406. Operating Reserve Account................................................................................. 13 <br />407. City Monitoring Fee............................................................................................. 13 <br />408. Notices to City..................................................................................................... 13 <br />409. Insurance.............................................................................................................. 14 <br />410. Indemnity............................................................................................................. 14 <br />410.1 Borrower Indemnity Obligations........................................................... 14 <br />410.2 Independence of Insurance Obligations ................................................ 14 <br />410.3 Survival of Indemnification and Defense Obligations .......................... 15 <br />410.4 Indemnification Procedures................................................................... 15 <br />411. Financial Statements and Reports........................................................................ 15 <br />412. Books and Records.............................................................................................. 15 <br />413. Compliance.......................................................................................................... 16 <br />500. RESERVED.....................................................................................................................16 <br />501. Reserved...............................................................................................................16 <br />502. Reserved...............................................................................................................16 <br />600. USE AND MAINTENANCE OF THE PROPERTY; NONDISCRIMINATION; <br />RIGHTS OF SECURITY FINANCING HOLDERS ...................................................... 16 <br />601. Restrictive Covenants.......................................................................................... 16 <br />602. Maintenance of the Property ................................................................................ 16 <br />603. Obligation to Refrain from Discrimination.......................................................... 16 <br />604. Form of Nondiscrimination and Nonsegregation Clause ..................................... 17 <br />605. Rights of Access.................................................................................................. 17 <br />606. Effect and Duration of Covenants........................................................................ 18 <br />700. DEFAULTS AND REMEDIES...................................................................................... 18 <br />701. Default..................................................................................................................18 <br />702. Remedies..............................................................................................................18 <br />702.1 City........................................................................................................ 18 <br />702.2 Borrower................................................................................................18 <br />703. Rights and Remedies Cumulative........................................................................ 18 <br />800. GENERAL PROVISIONS.............................................................................................. 19 <br />801. Notices................................................................................................................. 19 <br />802. Applicable Law.................................................................................................... 19 <br />803. Enforced Delay; Extension of Times for Performance ........................................ 19 <br />804. Transfers of Interest in Property or Agreement .........................'.......................... 20 <br />804.1 Prohibition............................................................................................. 20 <br />804.2 Permitted Transfers............................................................................... 20 <br />805. Relationship Between City and Borrower........................................................... 20 <br />806. City Approvals and Actions................................................................................. 21 <br />REV: 05-21-25 LF <br />ATTY/AGR.2025.100/HEART-SV (417 Stambaugh St.) (Page 3 of 85) <br />