Item 13 - Affordable Housing Project at 1411 N Broadway

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EXHIBIT 3 with all applicable environmental laws and required in connection with the routine construction, operation and/or maintenance of the Property. 14.4. Notice of Environmental Matters. Developer shall promptly advise City in writing of any of the following: (a) any pending or threatened environmental claim against Developer or the Property; (b) any condition or occurrence that: (i) results in noncompliance with any applicable environmental law; (ii) could reasonably be anticipated to cause the Property to be subject to any restrictions on the ownership, occupancy, use or transferability of the Property under any environmental law; or, (iii) could reasonably be anticipated to form the basis of an environmental claim against the Property or Developer. 14.5. Environmental Indemnification by the Developer. Developer agrees to defend, indemnify and hold harmless the City and their respective officers, directors, employees and agents (collectively the "Indemnitees") from and against any and all obligations (including removal and remediation), losses, claims (including third party claims), suits, judgments, liabilities, penalties, damages (including consequential and punitive damages), costs and expenses (including reasonable fees of consultants and attorneys) of whatever kind or nature whatsoever that may at any time be incurred by or imposed on the Indemnitees directly or indirectly based on, or arising or resulting from the actual or alleged presence of Hazardous Materials on the Property except to the extent arising from the active negligence, willful misconduct and/or illegal actions of any Indemnitee and the Existing Hazardous Materials (as such term is defined in the Ground Lease). Section 15.OTHER AFFIRMATIVE COVENANTS While any obligation of Developer under the City/HOME-ARP Loan Note or City/HOME-ARP Loan Deed of Trust remain outstanding, the following provisions shall apply, except to the extent that the Executive Director otherwise consents in writing: 15.1. Existence. Developer’s Managing General Partner shall maintain its existence in good standing under the laws of the State of California, and Developer shall provide documentation of such status annually to the City as set forth in Section 21.2 15.2. Protection of Lien. Developer shall maintain the lien of the City/HOME- ARP Loan Deed of Trust as a valid second priority deed of trust on the Property and take all actions, and execute and deliver to City all documents, reasonably required by City from time to time in connection therewith. 15.3. Notice of Certain Matters. Developer shall give notice to City, within fifteen (15) days of Developer's learning thereof, of each of the following: (a)any filed litigation or claim affecting or relating to the Property and involving an amount in excess of $25,000; and any litigation or claim that might subject Developer or any general partner of Developer to liability in excess of $50,000, whether covered by insurance or not; (b)any material dispute between Developer and a Governmental 39 WISEPlace Permanent Supportive Housing City HOME-ARP Loan Agreement