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<br />, <br /> <br />. <br /> <br />~ <br /> <br />'. <br /> <br />Broadway Improvement ,Company, Inc. <br />Page 3. <br /> <br />------------------------------------------------------------ <br /> <br />ACCEPTANCE <br /> <br />The undersigned hereby accepts the above Permanent <br />Loan Commitment and agrees to be bound by the terms and <br /> <br />conditions therein set forth. <br /> <br />The undersigned acknowledges <br /> <br />that the Agency shall assign its rights in the subject <br /> <br />Permanent Loan as security for a loan obtained, or to be <br /> <br />obtained, by the Agency in contemplation of the subject <br />Permanent Loan, and that Agency's obligation to make the <br /> <br />subject Permanent Loan is conditional upon the Agency <br />obtaining such loan funds in accordance with Section 11 of <br /> <br />the abovesaid participation Agreement. <br /> <br />BROADWAY IMPROVEMENT COMPANY, INC. <br /> <br />By <br />Allan Fainbarg, President <br /> <br />By <br />David L. Williams, Secretary <br /> <br />I <br /> <br />EXmSfT A <br />p. J trf .3 r'ô~S <br />3~ <br /> <br />7A <br />