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a. Promissory Note; <br />b. Agency Deed of Trust; <br />C'. Affordable Housing Resale Restriction; <br />d, Reimbursement t Agrees ent, substantially in the f ri l of Exhibit <br />"E" attached hereto and fully incorporated by this reference; <br />el Disclosure Statement substantially in the form of Exhibit "F" <br />attached hereto and fully incorporated by this reference; and <br />f. Notice of Affordability Restrictions, substantially in the f riri of <br />Exhibit "G" attached hereto and filly incorporated by this reference. <br />The Homebuyer agrees and aeluio ledges that the Agency feed of Trust, the <br />Notice of Affordability Restrictions, and the Affordable Housing Resale Restriction shall e <br />recorded against the Property with the County Recorder of the County of orange and shall <br />appear of record with respect to and as encumbrances to the Property. The omebuyer agrees <br />that this Agreement may also be recorded. <br />21, Further- As uraaie s. The H omebuyer shall execute any further documents <br />is <br />consistent with the terms of this Agreement, including documents in recordable form, as the <br />Agency shall froiri time to time find necessary or appropriate to effectuate its purposes in <br />entering into this Agreement en and making ing tine Homebuyer Assistance Loan. <br />2. G vei -i ing Law. The Homebuyer hereby agrees to comply with all ordinances, <br />rules, and regulations of the City. Nothing in this Agreement is intended to be, nor shall it be <br />deemed to be, a waiver of any City ordinance, rile, or regulation. This Agree ment shall be <br />go em d by the laws of the State of California. Any legal action brought under this Agreement <br />must be instituted in the Superior Court of the County of Orange, State of California or in the <br />United States District Court, Central District of California, Santa Ana Division. <br />Amendment of gr ement. No modification, rescission, waiver, release or <br />amendment of any provision of this Agreeme nt shall be trade except by a written agreement <br />executed by the Homebuyer and the Agency. <br />24. Agency May Assign. The Agency may, at its option, assign or pledge its right to <br />receive repayment t of the Hoiriebuyer Assistance Loan proceeds without obtaining the consent of <br />the Hot ebuyer. <br />25, Homebuyer Assignment Prohibited. In no event shall the f`f inebuye • assign or <br />transfer any portion of this Agreement without the prior express written consent of the Agency, <br />pursuant to the procedures set foi-th in Section 4. In the event of an Ownership Default and <br />acceleration of the Homebuyer Assistance Loan, the fill amount shall be die, including the <br />Contingent Equity Participation Amount. <br />ATTACHMENT No. 11 -1 <br />Form of of ebuyer Loan Agreement <br />1 o so 1400673v 13/2 00272 - 001 <br />