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counsel to the Authority, including such changes or insertions as are necessary or advisable in accordance with Section 7 hereof, such approval to be conclusively evidenced by the delivery thereof. Section 5. The Regulatory Agreement and Declaration of Restrictive Covenants with respect to each location of the Project (collectively, the "Regulatory Agreement") in the form on file with the Authority is hereby approved. Any Designated Officer, acting alone, is authorized to execute by manual signature and deliver the Regulatory Agreement with respect to each location of the Project, in substantially said form, with such changes and insertions therein as are recommended or approved by such officers upon consultation with bond counsel to the Authority, including such changes or insertions as are necessary or advisable in accordance with Section 7 hereof, such approval to be conclusively evidenced by the delivery thereof. Section 6. The Bonds shall be delivered, when duly executed and authenticated, if required, to or at the direction of the purchaser thereof, in accordance with written instructions executed and delivered on behalf of the Authority by any Designated Officer, acting alone, and any Designated Officer, acting alone, is hereby authorized and directed to execute and deliver such instructions. Such instructions shall provide for the delivery of the Bonds to or at the direction of the purchaser thereof upon payment of the purchase price thereof. Section 7. All actions heretofore taken by the officers and agents of the Authority with respect to the financing of the Project and the sale and issuance of the Bonds are hereby approved, ratified and confirmed, and any Designated Officer, acting alone, is hereby authorized and directed, for and in the name and on behalf of the Authority, to do any and all things and take any and all actions and execute and deliver any and all certificates, agreements and other documents, including but not limited to a tax certificate, a subordination or intercreditor agreement, any endorsement and/or assignment of the deed of trust and such other documents as described in the Indenture and the other documents herein approved, which they, or any of them, may deem necessary or advisable in order to consummate the lawful issuance and delivery of the Bonds and to effectuate the purposes thereof and of the documents herein approved in accordance with this resolution and resolutions heretofore adopted by the Authority and otherwise in order to carry out the financing of the Project. Section 8. All consents, approvals, notices, orders, requests and other actions permitted or required by any of the documents authorized by this Resolution, whether before or after the issuance of the Bonds, including without limitation any of the foregoing that may be necessary or desirable in connection with any default under or amendment of such documents, any transfer or other disposition of the Project, any addition or substitution of security for the Bonds or any redemption of the Bonds, may be given or taken by any Designated Officer, as appropriate, without further authorization by the Authority, and each such officer is hereby authorized and directed to give any such consent, approval, notice, order or request and to take any such action that such officer may deem necessary or HA Resolution No. 2009-003 Page 3 of 4