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6.1.E. - Page 14 <br /> � <br /> I <br /> availab�e a# law o� �n equity, Inaluding wlthput I�mfta�ion, seeking fnjunc� reli�f �o i <br /> prevent or snJain the�rohiEaf�sd trensfer andbr damages ss prov�ded fn this Agregmerrt. � <br /> � <br /> SeCtion 5.�9. ' <br /> - , <br /> � <br /> Du�9ng the Owner-0cc�pled Affinrdabiltty RestriGtlons Term, eech Aifnrc�able Un[t � <br /> shall be occupled as the PHncip�l Resl�ence of Qua�ified B�yer and for no ather purpose. <br /> A Quelitied Buyer sF�lf not enter irrto agresmer�#s for the reMal or lease of the Affordable � <br /> iJnits or otherwise allaw far the r�ntel or lease af the s�me. The ma�cfmum or.a�par�cy of <br /> 1he Affard�ble Units shalt nat exoeed the m�nctmum occupency al�owed pursuant�o the � <br /> genara! re�utreme�s af the Ur�ited S#ates Deparhnent af N�using and Urban <br /> DeValopment, wf�ich as of th� date of this qgreemer�, ie [wo (2) persona per bedroom, , <br /> plus one(f)persan. � <br /> � <br /> �ton 5.'!0 Reie of F msnt � <br /> � <br /> Th1s l�r�ement sh�i� Init�elly i�e recorde4l eg$�nat the en�l're Properfy. Exce a$ <br /> otherwise provided ih this 88c�fon. th� covenants ar�d cant�ftivns contained inPthls � <br /> A�raement shail appfy ta �nd bintl, durtng the�r r�sspective peNods ot fies ownershfp� � <br /> OWNEI��nd i�s heirs, e�cecwfiors. admfntstr�e#ors� suc�oes�or�s, transfere�, and assigr�ees i <br /> havin�or acquiring anY right,t�tle ar in�erest in ar ta arry part of fhe qffo►rlable Ur��#s withfn � <br /> the Property and si�afl run wffh�nd burden st�ch partior� af t#�e Property ur�i� �errninated � <br /> 1R ac,�ordanoe w�th thls Sec�lon 5.1b Undl pnrflons of tF�e Property are rra�eased from fhe � <br /> bNladBhB Of th18 �I'8@r17B�It pUCSIlQI'lt �0 t�!)S S9(�IOR 5.4a, ihe c�+�mer�s of fe� tf�e to the � <br /> Propetty shei�expressly m�ke the condittons�nd oovenan�s oont�ined Cn this Agneemsnt f <br /> a part of any deed or o�er instrumen#car��ayir�any Ihteres# �n such Propetty. q$ and � <br /> wfien the ProJect unf� are mede �vaEl�ble for sele �nd sosd as aondominlum uni�, (� � <br /> concurnetrtly with the sale ofi each un�#which Is ndt�n AfPnradahls l�nit, this AQt+eeme�t H►III ' <br /> be termirtiated as t� suoh unit end the I�en of tfiis�ree�ner�t �►hall be recanvey�ed as ta ' <br /> such unit,and{N)cancurr�ntly witfi ih8 sale of each affardable Unit fio a Quali�i�d Buyer fr� i <br /> oompliance w+th thls A�r�asmer�#,this qqreement shall be terminafied as to such Aifordable � <br /> Einit �nd the Resale RestricHan �r�eement r�utred by Sectbn 5.07 of#hls Agreement � <br /> shall be r�orded ag�ir�st�uch A�fo�labl�Ur�it. l <br /> t <br /> �e 1l,[ <br /> e I P �n <br /> Sec�lnn B.09. <br /> Durfng �uch time as the Affordeb�Ilty Cave�tarrts aet f�tft In th�A�re�m�t ar+� m <br /> effecf, alf improvemsr�ts develaped upvn the Pro�ty, Jncludin� w�hout Ilmttatlon, fhe <br /> Affordable �lnits, hardscaping and landscapfn�, sha!! dt alf#imee i,� malr�ned ir� e neat <br /> end orderly c�onditlon, good arder and repair, ccnsis�ent with good auyr�ershi� pr�ctices, <br /> snd fn acxordar�ca with ali applicabl�Federal, State a�d fxa!Isws. <br /> 5ection B.Q2. Eventa of Defsult:Enforcemer�t <br /> In t�e event of a defau�t In tfie per�nims��ce or ohsenrgnae af �ny covenant� <br /> agraemeM or obligation as set for� in fhls Agreemet�t and, If such default remains <br /> �ncu�l fot� perlod of thiriy (30)days �fter notice tf�ereof sh�ll h�ve been gir�en �y the <br /> City, or such longer per4od as may be$pprovsd ay tF�e City in wrftin�fn it�soie dEscre�an, <br /> 'I 1 <br />