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<br />. <br /> <br />. <br /> <br />8 <br /> <br />. <br /> <br />. <br /> <br />Residential Mortgage Financing Program means and includes any act <br />or thing done by the Agency,. the Trustee, and any Qual ified Mortgage Lender <br />and Servicer under the Resolution for the purposes of encouraging investment <br />within and upgrading of a Redevelopment Project Area in accordance with the <br />redevelopment plan for the Redevelopment Project Area by providing permanent <br />Financing for Residential Construction through the purchase of Mortgage Loans <br />with the proceeds of Bonds. <br /> <br />Resolution means this Resolution, as from time to time amended or <br />supplemented by any Supplemental Resolution in accordance with the terms <br />hereof. <br /> <br />Rules and Regulations means these Rules and Regulations adopted by <br />the Agency in connection with its Residential Mortgage Financing Program. <br /> <br />Sellers' Guide means the Sellers' Guide dated as of July 1, 1980, <br />1980, as now or hereafter amended supplemental to the Mortgage Loan Purchase <br />Agreement and containing further criteria for the purchase of Mortgage Loans <br />by the Trus tee on behalf of the Agency. <br /> <br />Servicer means any Qualified Mortgage Lender who shall, pursuant to <br />a Servicing Agreement with the Agency and the Trustee, agree to service <br />Mortgage Loan s. <br /> <br />Servicers' Guide means the Servicers' Guide dated as of July 1, <br />1980, as now or hereafter amended supplemental to the Servicing Agreement and <br />containing further criteria for the servicing of Mortgage Loans by a Servicer. <br /> <br />Servicing Agreement means a contractual agreement by and among the <br />Agency, the Trustee and a Servicer for the servicing of Mortgage Loans by the <br />Servicer, and includes the Servicers' Guide. <br /> <br />~ means Security Pacific National Bank appointed to act as <br />Trustee under the Resolution, and its successor or successors and any other <br />bank or trust company or national banking association at any time substituted <br />in its place pursuant to the Resolution. <br /> <br />1.03 Rules of Practice and Procedure. Instructions, rules of practice <br />and guidelines for the receipt and processing of applications for Mortgage <br />Loans, the issuance of Mortgage Loan purchase commitments, the purchase of <br />Mortgage Loans, the undertaking of Mortgage Loan closings, the servicing of <br />Mortgage Loans, the establishment of a program to assist persons within a <br />Redevelopment Project Area who, without financial assistance would be unable <br />to undertake construction of their Residences, and the taking of other <br />internal actions as may be necessary and desirable for the implementation and <br />administration of all aspects of the Program may be established and IOOdified <br />from time to time by the Agency, at all times consistent with the provisions <br />of the Act, the Resolution and these Rules and Regulations. <br /> <br />4 <br />