GONZALES, ARCELIA AND DEVERONA, M.

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in "Exhibit B," attached hereto and incorporated herein by reference, hereinafter referred to as "said real property." PARTICIPANTS agree to be bound by all applicable terms and conditions contained in 'Exhibit A." PARTICIPANTS agree to provide egress and ingress rights upon said real property to CITY, its officers, employees, and agents for the purpose of effectuating the terms and conditions of this Agreement. B. FINANCING PARTICIPANTS agree to apply to the Housing Authority of the City of Santa Ana for a home improvement loan in the approximate amount of Seventy Thousand Dollars ($70,000.00) to be evidenced by a promissory note and deed of trust to be executed by PARTICIPANTS in the form shown in "Exhibit C" attached hereto. The proceeds of said loan, to the extent necessary, shall be used to pay MEAD for moving and rehabil- itating said dwellings pursuant to "Exhibit A," and to defray, in part, PARTICIPANTS' further obligations pursuant to this Agreement. PARTICIPANTS agree to execute a promissory note and deed of trust in the form specified in "Exhibit D" attached hereto to secure the difference between the loan secured in the foregoing paragraph and any cost to CITY in effectuating this Agreement not expressly herein assumed by CITY. Said note and deed of trust shall be subordinate to the promis- sory note and deed of trust referred to in the preceding paragraph, and shall comply with California Civil Code §9 2953.1 et seq. C. ESCROW CITY shall open an escrow with an escrow agent mutually satisfactory to CITY and PARTICIPANTS as soon as possible after the effective date of this agreement. This Agreement constitutes the joint escrow instructions of CITY and PARTICIPANTS. CITY and PARTICIPANTS shall provide such additional escrow instructions as shall be necessary and -2- �Xf l,,i d