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6.1.K. - Page 27 <br /> ATTACHMENT 2 <br /> DfSCLOSIJR� STATEMENT <br /> THERE ARE RESTRICTIONS ON THE SALE OF THE PROPERTY YOU ARE <br /> BIJYING. YQU MAY NOT SELL THE PROPERTY �OR MARKET VALUE TO <br /> WHOMEVER YOU L1KE. YOl1 MUST SELL THE PROPERTY TO A "QUALIFIED <br /> BUYER" AT AN "AFFORDABLE SALES PRICE." IF YOU CANNOT DO SO, YOU <br /> MUST NOTIFY THE CITY, WHECH HAS AN OPTfON TO PURCHASE THE <br /> PROPERTY. <br /> THERE ARE ALSO RESTRfCTIONS ON OBTAlN�NG AND REFINANCING <br /> LOANS IN CONNECTION W1TH TH� PROPERTY. YOU MAY NQT �BTAIN OR <br /> REFINANCE ANY EXfSTING LOAN EXCEPT AS APPROVED IN WRITING BY THE <br /> ClTY OF REDWOOD C[TY AND YOU MAY NOT OBTAlN ANY HOME EQUITY LOAN <br /> OR LINE OF CREDIT. <br /> THESE RESTRICTIONS WI�L BE IN EFFECT UNTI� , 20 . IF <br /> YOU SELL THE PROPERTY IN VlOLATION OF THE RESTRlCTIONS, THE SALE <br /> SHALL BE VOID. <br /> TO DETERMINE WHQ IS A QUALIFIED BUYER AND WHAT AN AFFORDABLE <br /> SALES PRICE IS, YOU SHOULD CONTACT THE CITY OF REDWOOD CITY'S <br /> HOUSING MANAGER. <br /> I HAVE R�AD THIS DISCLOSURE STATEMENT AND THE RESALE <br /> RESTRICTION AGREEMENT AND OPTION TO PURCHASE AND f UNDERSTAND <br /> WHAT THEY MEAN. <br /> Owner Own�r <br /> I HAVE R�VIEWED THE AB�VE DISCLOSURE STATEMENT AND THE <br /> R�SALE RESTRICTION AGR�EMENT AND OPTION TO PURCHASE WITH THE <br /> OWNER. <br /> City Housing Manager <br /> Page 23 of 31 <br />