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curing such default. The Agency shall also be entitled to a lien upon the Sites to the extent of <br />such costs and disbursements. Any such lien shall be junior and subordinate to the mortgages or <br />deeds of trust pursuant to this Section 311. <br />311.6 Changes Requested by Lender and Holder. In the event that a Lender <br />or Holder which has been approved pursuant to this Section 311 hereof requires one or more <br />amendments to this Agreement, or any of the attachments hereto, the Agency agrees to <br />reasonably consider approving such proposed amendment, and if such proposed amendment(s) <br />does not materially affect the Agency's interests hereunder, the Agency Executive Director or his <br />or her designee is hereby authorized to make such amendment(s) without further authorization <br />from the Agency. <br />400. COVENANTS AND RESTRICTIONS <br />401. Use in Accordance with Redevelopment Plan. The Developer covenants and <br />agrees for itself, its successors, assigns, and every successor in interest to the Sites, that upon the <br />Closing of a Phase and during construction and thereafter, until Developer's sale of the <br />Improvements on the Sites in such Phase, the Developer shall devote the Sites in such Phase to <br />the uses specified in the Redevelopment Plan and this Agreement for the periods of time <br />specified therein. All uses conducted on the Sites in such Phase, including, without limitation, <br />all activities undertaken by the Developer pursuant to this Agreement, shall conform to the <br />Redevelopment Plan and all applicable provisions of the Santa Ana Municipal Code. The <br />foregoing covenants shall run with the land. <br />402. Reserved. <br />403. Affordable Housing. <br />403.1 Number of Units. Developer agrees to make available, restrict occupancy <br />to, and sell single family Houses to be developed upon the Sites to "Low Income Households" <br />and "Moderate Income Households" (as those terms are herein defined) at an Affordable <br />Housing Cost (the "Affordable Units") as set forth in Section 301. In addition, the Developer <br />agrees to cooperate with the Agency in any subsidized loan program the Agency may in its sole <br />discretion make available to Low Income or Moderate Income Household purchasers of some or <br />all of the Affordable Units. <br />403.2 Selection of Buyers. The Developer shall provide the Agency with a <br />copy of its Marketing Plan which shall set forth how the Developer plans to provide interested <br />households with information about the Sites. The Developer shall be solely responsible for the <br />selection of qualified purchasers of the Affordable Units. Developer shall ensure that there will <br />be adequate homebuyer education with HUD approved pre- and post- purchase counseling. <br />403.2.1 Marketing, Outreach and Sales Plan. The goal of the <br />Marketing, Outreach and Sales Plan ("the Plan") is to insure that the marketing of affordable for- <br />sale housing be as broad and inclusive as possible in order to inform and attract as many <br />prospective buyers as possible. The Plan and the associated applicant selection procedures will <br />be targeted to purchasers regardless of race, color, religion, sex, disability status, familial status <br />28 EXHIBIT 4 <br />8OA-43