JAMBOREE HOUSING CORPORATION-2017

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"Certificate of Completion" has the meaning set forth in Article 17 "CHDO" means Community Housing Development Organization under the HOME Program. "City" means the City of Santa Ana, California, a charter city and municipal corporation. "City/HOME Loan" means the loan to be made to Developer by City from HOME funds pursuant to Article 5 of this Agreement. "City/HOME Loan Deed of Trust" means the deed of trust encumbering the Property, in the form attached hereto as Exhibit E,,to be executed by Developer pursuant to Section 5.13.2 in order to secure the Loan Note. "City/HOME Loan Note" means that certain promissory note in the original principal amount of $93,032.00 in the form attached hereto as Exhibit F, and to be executed by Developer in favor of City to evidence the obligation of Developer to repay the City/HOME Loan. "Close of Loan" shall mean the date upon which the City/HOME Loan Deed of Trust is recorded in the Official Records of the County. "Closing Statement" means the final statement of Developer's account for the purchase and sale of the 'Property pursuant to the Purchase Contract. "County" means the County of Orange, California. "Developer" means Wakeham — Grant Apartments L.P., a California limited partnership, its successors and assigns. "Developer's Representative" shall mean the Chief Executive Officer of the Managing General Partner of Developer or his/her designee. "Event of Default" has the meaning set forth in Section 20.1. "Executive Director" means the Executive Director of the Community Development Agency, or his/her designee. "Extremely Low Income" an adjusted income which does not exceed thirty percent (30%) of the area median income for the Orange County, California PMSA, adjusted for household size, as published by HUD. "General Partner(s)" means the General Partners of Developer, Wakeham— Grant Apartments, L.P., and their respective successors and assigns. "Governmental Authority" means any governmental or quasi 4