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ATTACHMENT 2 <br /> Redline Version of Section 2.3 of the Amended Loan Agreement <br /> such remaining Surplus Cash{ shall be deposited into} : - : - - - - for the Project, <br /> which reserve is described in more detail in Section 2.4 of the Regulatory Agreement <br /> .. - •• - -- - . . . . .. ' : sha,�.,Ril no tify the <br /> • • - - : : . .. ' -. ' en the Three <br /> : . • : <br /> • : . _ 11,11' hat- hhree <br /> . . . . . . . . !!,. • t . . Contributions or Loans to the <br /> Project from Borrower. The Borrower shall notify the City in the event any contributions or <br /> loans are made to the Borrower by a parent or affiliate of the Borrower and related to the <br /> Project exceed Three IIundred Thousand Dollars ($300,000). <br /> v. Net Proceeds of Financing. In the event that any portion of the City Loan has not <br /> been used pay the costs of acquisition and development of the Project (including b ed <br /> to the funding of reserves) such funds shall be used by Borrower to repay the HELP-Lean, <br /> vi—Fannie Mae Eligibility. In the event that the terms of the City Loan (alone or in <br /> conjunction with the HELP Loan) do not comply with Fannie Mae's applicable subordinate <br /> debt requirements, the City shall cooperate with the Borrower to modify the terms of the <br /> City Loan so that the City Loan (alone or in conjunction with the HELP Loan) meets such <br /> requirements." <br /> 144\105\1089710.1 <br />