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<br />(4) The developer may, pursuant to the Commitment Contract (and <br />Reservation of Funds), pay an additional sum (to reduce the annual interest <br />rate on the applicable Mortgage Loan) concurrently with the payment described <br />in (3) above, which additional sum, if any, the Trustee shall deposit in the <br />Revenue Fund; and <br /> <br />(5) Upon purchase of a Mortgage Loan by the Trustee on behalf of <br />the Agency, the Qualified Mortgage Lender shall, in accordance with the <br />provisions of the Mortgage Loan Purchase Agreement, cause to be paid (or <br />otherwise credited) to the Trustee pursuant to the applicable sales escrow, a <br />sum equal to one-quarter of one percent (1/4 of 1%) of the initial principal <br />amount of each Mortgage Loan as the app 1 icab 1e Mortgagor's program <br />participation fee, which sum shall be collected, together with the Qualified <br />Mortgage Lender's origination fee and which sum the Trustee shall deposit in <br />the Revenue Fund. <br /> <br />(6) A temporary Account, designated as the "Santa Ana Intown One, <br />Trust Account", is hereby established for the purpose of holding two letters <br />of credit to be deposited and, thereafter, cash, if any, to be deposited with <br />the Trustee on behalf of Santa Ana Intown One, with respect to its Project. <br />Such letter of credit is to be delivered and such cash, if any, is to be paid <br />to and held by the Trustee for deposit in said Account pursuant to a <br />Commitment Contract between the Agency and Santa Ana I ntownOne, as the <br />developer of such Project. Such letter of credit in the amount required by <br />the Commitment Contr"act shall be delivered (or, in 1 ieu thereof, a cash ier' s <br />check or certified check pending delivery of, and exchange for, the letter of <br />credit) to the Trustee on or before the date of del ivery of the Bonds and in <br />addition to holding such letter of credit and cash, if any, any moneys <br />received by the Trustee pursuant to the further provisions of such Commitment <br />Contract shall be deposited in the Santa Ana Intown One Trust Account and the <br />letter of credit and moneys deposited therein (exclusive of investment income <br />earned thereon) are hereby pledged to. and shall be held in trust to be applied <br />by the Trustee as provided in subsection (8). <br /> <br />(7) In addition, the Trustee, from time to time, shall make <br />adjus tments to the app 1 icab le Letter of Credi t pursuant to the above referred <br />to Commitment Contract (and Reservation of Funds). Investment income, if any, <br />earned on moneys deposited in a temporary Account established herein shall be <br />pai d by the Trus tee quarterly, commencing October 1, 1980, to the persons for <br />whom such temporary Account was .established. <br /> <br />(8) A temporary Account herein established shall terminate upon <br />the happening of the earlier of the following conditions: <br /> <br />(a) Upon the delivery of the princi pa 1 amount of Mortgage Loans <br />required by the Commitment Contract, the Agency shall forthwith del iver an <br />Officer's Certificate to the Trustee to such effect and the Trustee shall <br />deliver the letter of credit or shall pay any amounts in the Account to the <br />person or persons entitled thereto and the applicable temporary Account shall <br />terminate; or <br /> <br />10 <br /> <br />. <br /> <br />. <br /> <br />. <br />. <br /> <br />. <br />. <br />