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Recording Requested by: City of Redwood City When Recorded Mail to: City of Redwood City CDD- Planning and Housing Attn: _Alin Lancaster 1017 Middlefield Road Redwood City, CA 94063 RECEIVED 2 2020 City of rRodwood City City Clerk 2020-046841 County 10:25 am 05/22/20 A3 Fee: NO FEE Count of Pages 3 Recorded in Official Records County of San Mateo Mark Church Assessor -County Clerk -Recorder Illlll Ill 11111 IIf II 11111 IIIII IIIII IIIII IIIII IIIII 111111111 I 11111111 $ R 0 0 0 2. 8 6 0 1 0 7$ FIRST AMENDMENT TO AFFORDABILITY COVENANTS Habitat for Humanity Greater San Francisco, herein after referred to as "Contractor," hereby agrees to amend that certain document titled Affordability Covenants recorded in the Official Records of the County of San Mateo on February 27, 2015 as Document No. 2015-017475 ("Original Covenant") against that certain Property described in Exhibit "A" and more commonly known as 612 Jefferson Avenue, as follows: The Original Covenant as amended by this First Amendment shall restrict the Property for fifty (50) years from the date of Project Completion, as such term is defined in the original Covenant. As such, the paragraph of the Original Covenant regarding the Affordable Deed Restriction is revised to read as follows: Affordable Deed Restriction. Contractor shall record an Affordability Deed Restriction containing the provisions of Addendum to Grant Deed, incorporated herein as Revised Exhibit C at the time of sale when Eligible Households acquire title to the dwellings to be built on the site being funded under this Agreement. The term of said deed restriction shall be fifty (50) years from date of recordation of sale to Eligible Households but no earlier than the date when the mortgage is paid in full. Payment in full prior to the 50 year term shall cause first right of refusal to be offered to Contractor who will select another eligible buyer to purchase the property in accordance with the Addendum to Grant Deed, and shall stand independent of this Agreement. Contractor shall record an Affordability Deed Restriction containing the provisions of the Addendum to Grant Deed, substantially in the form incorporated as Revised Exhibit C attached hereto which Revised Exhibit C shall replace in its entirety any Exhibit C attached to the Original Covenant. Unless specifically amended by this First Amendment, the Original Covenant shall remain in full force and effect. In the event of any conflict between this First Amendment and the Original Covenant, this First Amendment shall control. IN WITNESS WHEREOF, Contractor has executed this Amendment to the Original Covenant on the date first written above. DECLARANT: HABITAT FOR HUMANITY GREATER SAN FRANCISCO By: Its: C e O ATTY/AGR/2019/AMENDMENTS/AMEND NO.3 HABITAT FOR HUMANITY GREATER SAN FRANCISCO REV: 07-18-19 PR