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of the County of Orange a request for a copy of any notice of sale or notice of default <br />under any deed of trust or mortgage with power of sale encumbering the Subject Property <br />or any part thereof. Such request shall specify that any such notice shall be mailed to: <br />CONIMUNITY REDEVELOPMENT AGENCY <br />OF THE CITY OF SANTA ANA <br />20 Civic Center Drive <br />Santa Ana, CA 92701 <br />ATTN: Housing Division <br />C. Disposition of the Subject Property Contrary to Agreement. If the <br />Owner <br />disposes of the Subject Property contrary to this Grant Deed (including this Attachment <br />thereto), the Agency shall at any time thereafter, at its election, have the right to declare <br />such disposition or other act null and voice and/or seek enforcement of the terms and <br />conditions hereof in any manner allowed by law or equity. <br />3. Terms of Purchase. Upon any sale of the Subject Property, the following <br />provisions shall govern: <br />A. Escrow. The Owner acknowledges and agrees that the percentage <br />amount of any deposit required pending close of escrow shall not exceed that customarily <br />required for the purchase of residential units in the City of Santa Ana at the time of the <br />escrow. Closing costs shall be allocated between buyer and seller according to the <br />customary practices in the City of Santa Ana in effect at the time of an offer to purchase <br />by a Qualified Purchaser. The Owner shall agree to reasonable terms of sale which are <br />consistent with promoting the purpose of this Attachment. <br />B. Condition to Close of Escrow. The escrow instructions may provide <br />for conditions or contingencies of the type or nature commonly included within <br />residential purchase escrows (including, but not limited to, financing contingencies, <br />inspection rights, and preliminary title report approvals) to the obligation of the purchaser <br />to purchase the Subject Property from the then Owner, provided that any such conditions <br />or contingencies (other than the status of title to the Subject Property at the time of <br />conveyance and other conditions which by their nature cannot be satisfied prior to <br />closing) must be satisfied. or waived on or before sixty (60) days after the opening of an <br />escrow between the Owner and a Qualified Purchaser. The Qualified Purchaser shall <br />qualify under the same income category as the Owner. The Qualified Purchaser's <br />qualifications are subject to review and approval by the Agency. <br />C. Purchase Price. Owner shall have the right to sell the Subject Property <br />to another Qualified Purchaser, for an Affordable Purchase Price, for use as owner- <br />occupied housing, upon terms and conditions that are mutually acceptable to the Agency <br />and Owner and in accordance with the following restrictions: <br />12 <br />