аЯрЁБс>ўџ /1ўџџџ.џџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџьЅС#` №ПюbjbjmЅmЅ ."ЯЯр џџџџџџЄFFFFFFFšЖЖЖ8ю њЎлЖZ\\\\\\$‘hљ\€Fјјј€FF•ј(FFZјZFF €?фBЧsШЖ ”N Ћ0лUДRUUF8h‚JЬ<№€€лјјјјЎЎЎф’ $ЎЎЎ’ Z$~–FFFFFFџџџџ APPENDIX G FORM OF NOTE FOR PAYMENT OF RECAPTURE AMOUNT FOR A 95/5 UNIT аЧПеЮоЯоДЋУНapp Department of Community Affairs Housing and Mortgage Finance Agency 95/5 Mortgage Note DEED-RESTRICTED AFFORDABLE HOUSING UNIT WITH RESTRICTIONS ON RESALE AND REFINANCING In Connection With Payment of Amounts Due Upon First Non-Exempt Sale After Expiration of Control Period  THIS NOTE, is dated as of ____________________. For value received _______________________ (referred to “Owner”) promises to pay to THE STATE OF NEW JERSEY, acting by and through its Department of Community Affairs, which has its principal offices at 101 South Broad Street in the City of Trenton, County of Mercer, аЧПеЮоЯоДЋУНapp (the “STATE”), and which is acting as receiving agent for the [MUNICIPALITY] , the amounts specified in this Note and promises to abide by the terms contained below. Article 1. REPAYMENT MORTGAGE As security for the payment of amounts due under this Note and the performance of all promises contained in this Note, the Owner is giving the State a “Repayment Mortgage To Secure Payment of Amounts Due Upon First Non-Exempt Sale After Expiration of Control Period” (the “MORTGAGE”) , dated ___________________, of the property described below (the “PROPERTY”). The Mortgage covers real estate owned by the Owner. The Mortgage will not be subordinate, and will not be subordinated by the State, to any mortgage, refinancing, equity loan, secured letter of credit, or any other obligation secured by the Property, except with respect to (a) any such obligation which was duly recorded prior to the recording hereof, and (b) any such obligation which, when added to all other such obligations recorded against the Property, shall result in total debt secured by the Property being an amount less than the MRP that would be applicable were the Control Period still in effect, as those terms are defined in Article 2 of the Mortgage. Article 2. OWNERS PROMISE TO PAY AND OTHER TERMS Upon the first non-exempt sale of the Property after the date of this Note, Ninety-Five Percentum (95%) of the difference between (i) the actual sale price and (ii) the regulated maximum sales price that would be applicable were the Control Period still in effect, as set forth in Section 5:93-9.8(b)(2) of the Substantive Rules of the New Jersey Council On Affordable Housing as in effect at the time the Property was first restricted as part of the Affordable Housing Program in October of 1990, shall be paid at closing to the аЧПеЮоЯоДЋУНapp, acting as receiving agent for the local municipality. Article 3. PROPERTY DESCRIPTION All of the land and improvements thereon located in the municipality of __________ in the County of _______________, аЧПеЮоЯоДЋУНapp, described more specifically as Block No. ____ Lot No.____, and known by the street address: ______________________________. Article 4. WAIVER OF FORMAL ACTS The Owner waives its right to require the State to do any of the following before enforcing its rights under this Note: 1. To demand payment of amount due (known as Presentment). 2. To give notice that amounts due have not been paid (known as Notice of Dishonor). 3. To obtain an official certificate of nonpayment (known as Protest). Article 5. RESPONSIBILITY UNDER NOTE All Owners signing this Note are jointly and individually obligated to pay the amounts due and to abide by the terms under this Note. The Authority may enforce this Note against any one or more of the Owners or against all Owners together. The Owner agrees to the terms of this Note by signing below. ACKNOWLEDGEMENT Owner acknowledges receipt of a true copy of the Mortgage and this Note at no charge. Dated: ATTEST: By: Signature (Owner) Signature (CoOwner) STATE OF NEW JERSEY, COUNTY OF ___________ ) On this the day of __________________, 20___ before me came _______________________, who acknowledges and makes proof to my satisfaction that she is the Owner named within this Note, and that she has executed said Note for the purposes set forth therein, sworn to and subscribed by her in my presence on this date. Sworn to and subscribed before me this the _______ day of ________________ , 20__. __________________________________________ A Notary Public/Attorney of the аЧПеЮоЯоДЋУНapp       HI}~’ЄЋдерсуфцчщъьэюѕэѕэтдтЬтЬтЬтФРФРФРФРМтhФV^hџk­jhџk­UhGŽCJaJhGŽhGŽ5CJ\aJhGŽhGŽCJaJhGŽhGŽ5hGŽhGŽ0J5 IЃЖ t m Œ ”Ц$DKmц"xРцз&}„’їїяяяяччпчпппчппппчппппппп$a$gdGŽ$a$gdGŽ$a$gdGŽ$a$gdGŽрэ§§’Ся+Ћртухцшщыьэюїїїїїїѕѕѕѕѕѕѕѕѕї$a$gdGŽ,1hАа/ Ар=!А "А # $ %ААаАа а†œ@@ёџ@ NormalCJ_HaJmH sH tH N@N Heading 6$$„ dр@&`„ a$5\DA@ђџЁD Default Paragraph FontVi@ѓџГV  Table Normal :V і4ж4ж laі (k@єџС(No List `$@ђ` Envelope Address!„@ „ќџ„єџ„№&€+DМ/„Д^„@ ^JHўoH GŽstyle4ЄdЄd[$\$B*CJaJphNўoN GŽ style1 style5ЄdЄd[$\$ B*ph4@"4 Header  ЦрР!4 @24 Footer  ЦрР!*W`ЂA* GŽStrong5\NўoRN GŽ style3 style5ЄdЄd[$\$ B*phjўobj GŽstyle5 style5 style5 style5ЄdЄd[$\$ B*phю"џџџџ!џџ z™ џџ z™D ю IЃЖ tmŒ”Ц$ D K m ц " x Р ц з &}„’Ся+Ћья$Ќ$Ќ$s$s$s$s$s$s $s$s$s$s$s$s$s$s$s$s$s$s$s$s$s$s$s$s$s$s$s$s$s$s$Ќ IЃЖ tmŒ”Ц$ D K m ц " x Р ц з &}„’Ся+Ћртухцщья˜0€˜0€˜0€˜0€€˜0€€˜0€€˜0€€˜0€€˜0€˜0€€˜0€˜0€€˜0€˜0€€˜0€˜0€˜0€˜0€˜0€€˜0€˜0€˜0€€˜0€˜0€˜0€€˜0€€˜0€€˜0€€˜0€˜0€˜0€˜0€hЫ00”h‹00”hЫ00”h‹00”h‹00”h‹00”˜0€€+Ћртхшыяъ006Д пш005€ш003€h‹00рjЫ00”jЫ00”jЫ00”jЫ00”š0€€ ю ’юэџџLУptнюMУpLОISУpќ˜gTУpдЛNUУpDFJQУp<"MRУpмЎgRRKKЮддя\\OOдооя9*€urn:schemas-microsoft-com:office:smarttags€place€9*€urn:schemas-microsoft-com:office:smarttags€State€8*€urn:schemas-microsoft-com:office:smarttags€City€ ф– 'IJряPUzmw”ž$ . 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