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TABLE OF CONTENTS <br />(Continued) <br />Page <br />316.8 Right of the Agency to Cure Mortgage or Deed of Trust Default .....49 <br />400. OPERATION OF THE PROJECT ................................................................................49 <br />401. Provision of Extremely and Very Low Income Rental Housing-RentaI <br /> Portion of the Project ......................................................................................... 49 <br /> 401.1 Number of Affordable Rental Units ...................................................49 <br /> 401.2 Duration of Affordability Requirements ............................................49 <br /> 401.3 Selection of Tenants ........................................................................... 49 <br /> 401.4 Household Income Requirements ...................................................... 50 <br /> 401.5 Affordable Rent .................................................................................. 50 <br /> 401.6 Occupancy Limits .............................................................................. 50 <br /> 401.7 Marketing Program ............................................................................ 50 <br /> 401.8 Maintenance ....................................................................................... 51 <br /> 401.9 Management Plan; Property Management ......................................... 51 <br /> 401.10 Monitoring and Recordkeeping ......................................................... 52 <br /> 401.11 Regulatory Agreement and Notice of Affordability Restrictions ...... 52 <br /> 401.12 Relationship to Tax Credit Requirements .......................................... 53 <br /> 401.13 Applicability of Section ..................................................................... 53 <br />402. Provision of Moderate Income For-Sale Housing-For-Sale Portion of the <br /> Project ................................................................................................................ 53 <br /> 402.1 Number, Location and Quality of Affordable For-Sale Units ........... 53 <br /> 402.2 Maximum Sales Prices ....................................................................... 54 <br /> 402.3 Affordable Housing Resale Restriction .............................................. 54 <br /> 402.4 Selection of Buyers; Marketing and Outreach Plan ........................... 54 <br /> 402.5 Income of Buyers ............................................................................... 55 <br /> 402.6 Maintenance Covenants; Association CC&Rs ................................... 56 <br /> 402.7 Applicability of Section ..................................................................... 56 <br />403. Provisions Applicable to the Entire Project ....................................................... 57 <br /> 403.1 Use in Accordance with Redevelopment Plan ................................... 57 <br /> 403.2 Nondiscrimination Covenants ............................................................ 57 <br /> 403.3 Applicability of Section .................................................................... 58 <br />500. DEFAULT AND REMEDIES ....................................................................................... 58 <br />501. Default Remedies ............................................................................................... 58 <br />502. Institution of Legal Actions ............................................................................... 58 <br />503. Rights of Termination ........................................................................................ 59 <br /> 503.1 Termination by Agency........ ............................................................. 59 <br /> 503.2 Termination by Developer ................................................................. 59 <br /> 503.3 Termination by Either Party ............................................................... 60 <br />504. Acceptance of Service of Process ...................................................................... 60 <br />505. Rights and Remedies Are Cumulative ............................................................... 60 <br />506. Inaction Not a Waiver of Default ....................................................................... 60 <br />507. Force Majeure; Extension of Times of Performance ......................................... 60 <br />600. GENERAL PROVISIONS ............................................................................................61 <br />601. Notices, Demands and Communications Between the Parties ..........................61 <br />iii <br />DOCSOC/ l 400673v 141200272-0001