West Orange Township_Fourth Round HEFSP_Final Draft

rpose Fee, a3 applicable, imposed reason(s) ATE CATEGORY MUST BE CHECKED. Failure to do so will Oh is exempt from State portions of the Basic Fee, Supplemental 1975, G. 113. P.L. 2004, and C, 66, PL. 2004 for the following A | SENIOR CITIZEN Grantor(a) {_ 62 years ‘oF Over. * (See instruction #9 on reverse side for A or 8) 8. BLINDPERSON — Grantor(s) (_, DISABLED PERSON Grantor(s) {~ per d totally disabled [~ Receiving disability payments [~ Not gainfully employed” ons must also maet all of the following criteria: at time of sale. Cc Resident of State of New Jersey. be One or two-family resi Ises. rm Owners as joint tenants must all qualify. “IN THE CASE OF HUSBA , PARTNERS IN A CIVIL UNION COUPLE, ONLY ONE GRANTOR NEEDS TO QUALIFY IF TENANTS BY THE ENTIRETY. c HOUSING (See instruction #9 on reverse side) to H.U.D, standards. im Reserved for occupancy. irements of region, C Subject to resale controls. Tastructions #2, #10 and #12 on reverse S106) ii ly new improvement = ‘ss previously occupied T Not piiyiously used for any purpose. . {5 FNEW CONSTRUCTION’ printed clearly at \ wih _/the top of the first page of the deed. (7) Deporient makes this Affidavit to induce county accordance with the provisions of Chapter 48, P.L. 1 fd tha deed and accept the fea submitted herewith in 33, P.L. 2008. Beatrice Cesario Grantor Name 7 _16] Pleasant Valley Ri., W. Orange Granlor Address at Time of Sale ‘Subscribed and swom to before me this 12 dayot Jammary .20 02 A Notary Public of New Jersey oy o erent te My Commission Expires December 18, “—S0 Deed Dated Va 28 OB — Dato Reser County Recording Officers shalt forward one copy af each Affidavit of Consideration for Use by Seller when Section 3A is completed. ‘STATE OF NEW JERSEY- DIVISION OF TAXATION PO BOX 261 ‘TRENTON, NJ 08685-0251 ATTENTION: REALTY TRANSFER FEE UNIT ‘The Director of the Division of Taxation in the Department of the Trsasury has prescribed this form as required by law, and may not be aliared or amended without prior approvel of the Director. For Information on the Realty Transfer Fee or to print 8 copy of this Affidavil, visil the Division of Taxation website at: wvew.state.n].usftreseuryitaxation/iptiocaltax.htm,

JUAN M. RIVERA, JR ESSEX COUNTY REGISTER OF DEEDS & MORTGAGES Hall of Records 465 Martin Lother King Jr Bhyd Room 130 Newark, NF 07102 (973) 621-4960 *RETURN DOCUME i COUNTY DIVISION OF HOUSING & COMMUNITY DEVELOPMENT Instruntent Number - 2021062261 2 CRESTMOUNT ROAD Recorded On 5:17 2027 At3:12:06 PM VERONA, NJ 07044 * Instrument Type - DEED ATTN: ESTHER MARTINEZ Tnveice Number - 476902 User ID: JU *Total Pages - 8 * Grantor - CHIL DREN AID « AND EF. AMO. Y SERVIC XC, oe ° F T LCONOMIC DEVELOPMENT. TRAINING AND EMP Thereby CERTIFY that this document is Recorded in the Register of Deeds & Mortgages Office of Essex Counts. New Jersey Juan M. Rivera. Jr Register of Deeds & Mortgages THIS IS A CERTIFICATION PAGE Do Not Detach THIS PAGE IS NOW PART OF THIS LEGAL DOCUMENT * ~ Information denoted by an asterisk may change dunng the verfication process and may not be reflected on this page. INSTRUMENT NUMBER - 2021062261 ill | l | ll

Essex County Recording Data Page Honorable Dana Rone Official Use Only Essex County Register Official Use Only: Date of Document: Type of Document: 1/12/2021 Ceed Restriction First Party Name: Children's Aid and Family Services, inc, Second Party Name:Cagary of Essex, egarkorent of Ceonooic, Tenigamens, [Feaiaing ¢ Employment , Bivision st fouaing, $ Additional Parties: Comm urls Daevelodmment THE FOLLOWING SECTION TS REQUIRED FOR DEEDS UNLY Block: 179.14 Lot: Quali 13.03 Municipality: Town of West Orange Consideration: $106,000.00 Mailing Address of Grantee: 161 Pieasant Valley Way, West Orange, NJ 07052 THE YOLLOWING SECTION 18 FOR ORIGINAL MORTGAGE BOOKING & PACING INFORMATION ASSIGNMENTS, RELEASES, SATISFACTIONS, DISCHARGES & GTHER ORTGINAL MORTGAGE AGREEMENTS UNLY Griginal Book: Original Page: ESSEX COUNTY RECORDING DATA PAGE Please do aoi detach this puge from the Original documesn as it ‘contains imporianl recording informaiion and ix part of the permanent record

DEED RESTRICTION COVENANT This Deed Restriction Covenant is made on January. / Z, 2021 BETWEEN CHILDREN’S AID AND FAMILY SERVICES, INC., a New Jersey Not for Profit corporation, whose address is: 206 Robin Road, Paramus, New Jersey, 07652, referred to as the Grantor, AND COUNTY OF ESSEX, Department of Economic Development, Training and. Employment, Division of Housing and Community Development, having an address of 20 Crestmont Road, Verona, New Jersey 07044 Teferred to as the Grantee. 1 Grantor is the owner of the property consisting of tand and all the buildings, improvements and structures on the land focated at 161 Pleasant Valley Way, Block 279.14, Lot 13.03, in the Township of West Orange, County of Essex and the State of New Jersey. The legal description is: SEE SCHEDULE A ATTACHED HERETO AND MADE A PART HEREOF 2, Grantee, concurrently ‘herewith, has provided Grantor with certain HOME foan funding in the amount of $100,000 {the“Loan"}. In consideration of the funding, Grantor subjects the Property to the following restrictions: N County of Essex HOME Loan Restrictive Covenants. The Grantor hereunder does acknowledge that the cost of the Rehabilitation of the Property has been satisfied in part out of the proceeds of a certain’ loan in the amount of $100,000 from the County of Essex (“Lender”} under the Federal. HOME Program pursuant to a certain Laan Agreement {‘Loan Agreement”) dated January +2021 and the Developer's Written Agreement dated September 16, 2020 (“Developer's Written Agreement”), and that the Property shall be subject to the affordability requirements contained in 24 Code of Federal Regulation, Part 92. Capitalized terms used herein but not defined herein shall have those meanings ascribed to them in the Developer's Written Agreement. The Affordability Period will be fifteen (15) years, and will be enforced through this Deed Restriction that runs with the land. The Affordability Period will not commence until a Certificate of Occupancy and a project completian report has been submitted to Lender, and the Project has met the requirements for Project Completion outlined in 24 CFR $2.2, which will require that constcuction be complete; all HOME funds have been disbursed by the Lender and drawn from the U.S. Treasury; and required compietion data has heen entered in HUO’s integrated Disbursement Information System (IDIS). The

mplete; all HOME funds have been disbursed by the Lender and drawn from the U.S. Treasury; and required compietion data has heen entered in HUO’s integrated Disbursement Information System (IDIS). The Grantor will notify the

ir Lender when the Grantor has satisfied the requirements for completion, and submit the necessary support documentation, including a Certificate of Occupancy. Upon its approval, the Lender will notify Grantor of the actual date of completion and the exact date of the expiration of the affordability period, which shall be calculated based on the date of completion. if necessary, the Grantor shal} execute an amendment to this Deed or execute 2 corrective deed that extends the affordability restrictions of 24 CFR 92.252 to the exact date of expiration of the affordability period. The affordability period shall remain enforced despite any prepayment of this Loan, The HOME assisted Group Home unit must be occupied by an Income Fligible Household tenant within 18 months of the Project Completion date. if a unit does not achieve initial occupancy within the i8month deadline, then the Grantor must reimburse the funds invested in that unit to Lender. if the HOME-Assisted Unit is vacant six (6} months after Project Completion, the Grantor shall provide Lender with a report on current marketing efforts and, if requested by the Lender, a plan for enhanced marketing of the HOME-Assisted Group Home Unit. The provisions hereof may be enforced by the County of Essex by an action under the Mortgage in foreclosure, Mortgage Note, Developer’s Written Agreement, or the Loan Agreement for acceleration of the loan as provided in paragraph 4 of the Loan Agreement. The Grantor will provide a single Group Home with five (5) bedroom units and shared living, kitchen, dining and sanitary facilities. All tenants will be extremely low income persons {<30% Area Median Income). The maximum rent that may be collected for the property is based on the Fair Market rate (FMR} for a 5 bedroom home. fach tenant will pay a proportionate share of rent. There is no LOW HOME Rent requirement for a Group Home. THE REMAINDER OF THIS PAGE !S INTENTIONALLY LEFT BLANK. SIGNATURE PAGE FOLLOWS,

Signature. The Grantor signs this Deed Restriction Covenant as of the date at the top of the first page. WITNESSED BY: GRANTOR: CHILDREN’S AID'AND FAMILY SERVICES, INC By: Benita R/Miller, President Date: | | al 2)

STATE OF NEW JERSEY, COUNTY OF ESSEX SS: ( CERTIFY that on January i 2021, Benita R. Miller personally came before me, and acknowledged under cath, to my satisfaction, that: (a) she is the person who signed and delivered the foregoing instrument in her capacity as the President of Children’s Aid and Family Services, Inc, 2 not for profit corporation of the State of New Jersey that is named in this document; and (b) the foregoing instrument is the voluntary act and deed of Children’s Aid And Family Services, Inc, as duly authorized by val solution of i jembers

DEED RESTRICTION COVENANT CHILDREN’S AID AND FAMILY SERVICES, INC. Grantor, To COUNTY OF ESSEX Grantee. ‘fof aaa Dated: Record and return to: Essex County Division of Housing & Community Development Attn: Esther Martinez 20 Crestmont Road Verona, NJ 07044

Legal Description ALL that certain lot, parcel or tract of land, situate and lying in the Town of West Orange, County of Essex, Stale of New Jersey, and being more particularly described as follows: TRACT | BEGINNING al a point in the Narthwesterly line of Pleasant Valley Way, said point being distant 250.52 feel Soulhwestwardly from (he intersection of the aforesaid Northwesterly line of Pleasant Valley Way, if extended with the Norlheastcrly line of Mayfair Drive, if extended, and commencing thence 4) North 52°29'00"West a distance of 250.00 feet to a point; thence 2) North 35°45'00"East a distance of 105.00 feet to a point; thence 3} South 62°29'00"East a dislance of 250.00 feet to a point in the Northwesterly line of Pleasant Valley Way, hence 4) South 36°45'00"West, along said line of Pleasant Valley Way, a distance of 105.00 feet to the point and place of BEGINNING. . TRACT tl BEGINNING at a point fn the Northwesterly sideline of Pleasant Valley Way, as established by deed, said point being distant 241.62 feet measured Northeasterly along the above-mentioned sideline from the Northerly sideline of Mayfair Drive, if bath sidelines are extended to an intersection; thence 1) North 35°45'00"East, along the said sideline of Pleasant Vatey Way, 9 feet to a point in the line of lands now or formerly of Slifkin; thence 2) North 52°29'00"Weest, along the line of lands now or formerly of Stifkin, 250.00 feet to a point; thence 3) North 35°45'00"East, continuing along the line of tands now or formerty of Slifkin, 105.00 feet to a point in the line of lands now or formerly of Maynard; thence 4) North 52°29'00’West, alang the line of lands now or formerly of Maynard, 47,87 feet fo a point in the line of lands now or formerly of Slifkin; thence §) South 35°45'00"West, along the line of lands now or formeny of Slifkin, 174.00 feet to a point: thence 6) South 52°29'00"East, 297.87 feet fo lhe point and place of BEGINNING. THE above lwo tracts taken together, are more particularly described as follows: BEGINNING at a point in the Northwesterly line of Pleasant Valley Way, distant 325.39 feet Southwesterly fram the intersection formed by the said line of Pleasant Valley Way and the Southwesterly line of Rasemont Terrace, and running thence: 1) Along the Northwesterly line of Pleasant Valley Way, South 35°45'00" West, 114.00 feet; thence 2) North