BOOK 7 PACE597
<br />11
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<br />'t, 'fn ,•v:•r nt.; Pnnu MIA •11111-I, "E(1ual Opporl,atty Agrerment," to which in on ne xed a Form MIA 41111 ? "hquul
<br />. ..:J t.. nl}:u.f. .ate Ip gila; ~l :d- a {1;16i EN -:'i'r~j .uu,i{:i•rtl..; ~ :
<br />` n Foit!' FIIA 41111-2:• • tl:'Ju'tl man' , in execute Form MIA 41111--4, "Nondiscriminntiun Apt,.
<br />r:m,;N,
<br />:o -xccule any nl wr agwernents required by Grunter which Grantee is legally authorized to execute. If any such
<br />Form has Neon executed by Grantee as a result of a loan being made to Grantee by Grantor contemprmnieously with
<br />the ranking of this grant, another Form of the same type need not be executed in connection with this: grant.
<br />11). Upon anv dehollt under its tepresentutions or agreements set forth in this instrument, Grantee, at the option and
<br />d,;m:md of Grantor, will, to file extent legally permissible, repay to Grantor forthwith the original principal amount
<br />of the gent stated hereinubove, with interest at the rate of 5 percentum per annum from the date of the default. The
<br />provisions of this Grant Agreement may be enforced by Grantor, at its option and without regard to prior waives by
<br />it of previous defaults of Grantee, by judicial proceedings to requite specific performance of the terms of this Grant
<br />Agreement or by such other proceedings. in low or equity, in either Federal or Stale courts, as may be deemed
<br />necessary by Grantor to assure compliance with the provisions of this Grant Agreement and the laws and regulations
<br />under which this grant is made.
<br />,c. ag:"% that it will:
<br />1,, (;r.,mec for the pugeme of thin agreement nut to exceed E 7(li),'?'1 will, If it
<br />will advance to Grantee to meet not to exceed ......11 percent of the development c4 tr, of the prn)rct to
<br />accordance with the actual needs of Grantee as determined by Grantor.
<br />Anv grunt funds actually advanced and not needed by Grantee for approved purposes shall be returned inne<Iwirly to
<br />Grants. as required by the regulations of Grantee.
<br />Assisi Grantee, within available appropriations, with such technical assistance as Grants dee_n appr-;p::a cr :n
<br />iammng the project and coordinating the plan with local official comprehensive plans for sewer and vater and w:th
<br />any :tote or area plans for the area in which the project Is located.
<br />In :ts sole discretion, Grantor may at any time give any consent, deferment, subordination, release,
<br />tar-uatu~~n of any of all of Grantee's grant obligations, with or without valuable conxi:craz=, ap~m '1:r. ~.i
<br />and conditions as Grantor may determine to be (a) advisable to further the purposes of the grant or :r,
<br />Grantor's financial interest therein and (b) consistent wit h'both; the,, statutory purposes of the grant and rho: Itmua-
<br />tto ns of the statutory authority under which it is made.
<br />IS W'll'VESS W'IIEREW Grantee on the dale first above written boo, caused these prenenta to be executed by On duly
<br />.I.:!`oru~t !0,1:10 f ?..r :t..:2[!_:xV.._`.... and attested and ii.-4 t.orlxnaled
<br />sell alll%ei by its duly nuthoriued Q J!?.I:
<br />Attest'
<br />by
<br />
<br />By
<br />'rnk
<br />~,cl:er
<br />Chun I. ':1 r`t•k !.41 a lrl2ar>o Li c...C.n.
<br />.
<br />(Titlr) (Title) Coca;: ;i.>rn:r::
<br />UNITED STATES OF.AMERICA '
<br />a1st. M
<br />FARh1ERS HOME ADMINISTRATION
<br />©y ' .
<br />,J'nnr;n t. ,lolittson
<br />aLA.ta..U: isuc.GOr
<br />(Title)
<br />III
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