West Orange Fourth Round HEFSP_adopted 111025_Appendices

(c) made this Deed for $229,900.00 as the full and actual consideration paid or to be paid for the transfer of title. (Such consideration is defined in N.J.S.A. 46:15-5.) Alupnueee. (Gato SUZANNE M. ONETO A NOTARY PUBLIC OF NEW JERSEY MY COMMISSION EXPIRES OCTOBER 15, 2013 DEED : Dated: ( Lug . A 7 , 2013 Jeannette Whaley, and Mark Whaley, Grantors Record and return to: TO Hill Wallack LLP 89 Headquarter: za The ARC of Essex Suite 1438 3 County, Inc., Grantees Morristown, 7960

GIT/REP-3 (5-12) State of New Jersey SELLER’S RESIDENCY CERTIFICATION/EXEMPTION (C58, PL. 2004) Names(s) Jeannette Whaley and Mark Whaley Current Resident Address: Street: &4 Summit Drive _ City, Town, Post Office State Zip Code Basking Ridge NJ . 07920 PROPER TYJINFORMATION: (Brief Property. Description) i Block(s) Lot(s) Qualifier 155 27 C0177 Street Address: 177 Marion Drive City, Town, Post Office Zip Code West Orange 907052 Seller's Percentage of Ownership Consideration Closing Date 7 a DID G G0 ¢ OO ISELEER’ASSURANCES|(Check'the Appropriate;Box) (Boxes-2ithro 1. Blam aresident taxpayer (individual, estate, or trust) of the State of resident gross income tax return and pay any applicable taxes on 'o|Residents/and Non-residents): pursuant to N_J.S.A. 54A:1-1 et seq. and will file a or income from the disposition of this property. 2. [ithe real property being sold or transferred is used exctusi federal Internal Revenue Cade of 1986, 26 U.S.C. 5. 121 3. [7]! am a mortgagor conveying the morigaged property to aig ‘ipal residence within the meaning of section 121 of the in foreclosure or in a transfer in lieu of foreclosure with no additional consideration. 4. {[]Seller, transferor or transferee is an agency or auth shape United States of America, an agency or authority of the State of New Jersey, the Federal National Mortgage Associati sal Home Loan Mortgage Corporation, the Government National Morigage Association, or a private mortgage insuran m| 5. [Seller is not an individual, estate or trust any not required to make an estimated payment pursuant to N.J.S.A.54A:1-1 et seq. St |The total consideration for the property is Jess and as such, the seller is not required to make an estimated payment pursuant to N.J.S.A. 54A:5-1-1 et s 7. [the gain from the sale will not be he for Federal income tax purposes under I.R.C. Section 721, 1031, 1033 or is a cemetery plot. (CIRCLE THE APPLICABLI ION). If such section does not ultimately apply to this transaction, the seller acknowledges the obligation to file a New J ie tax return for the year of the sale (see instructions). Eno non-like kind propert 8. []Transfer by an executor or adfiinistrator of a decedent to a devisee or heir to effect distribution of the decedent's estate in accordance with the provisions of the decedent's will or the intestate laws of this state. 9. [the property being

of a decedent to a devisee or heir to effect distribution of the decedent's estate in accordance with the provisions of the decedent's will or the intestate laws of this state. 9. [the property being sold is subject to a short sale instituted by the mortgagee, whereby the seller has agreed not to receive any proceeds from the sale and the mortgagee will receive all proceeds paying off an agreed amount of the mortgage. 10. the deed being recorded is a deed dated prior to the effective date of P.L. 2004, c. 55 (August 1, 2004), and was previously unrecorded. The undersigned understands that this declaration and its contents may be disclosed or provided to the New Jersey Division of Taxation and that any false statement contained ierein could be punished by fine, imprisonment, or both. | furthermore declare thal | have examined this declaration and, to the best of my knowledge and belief, it is true, correct and complete. By checking this box © | certify that the Power of Attorney to represent the seller(s) has been previously recorded oF is being recorded simullaneously with the deed to which this form is attached. lry fia \Qracdurkler VT Date Signatup {Seller} Please indigate. if Power of Att: Attorney in Fact 81403 Qt” CK Date Signature a (Seller) Please indicate if Power of Attorney or Attorney in Fact

RECORDING INFORMATION SHEET ESSEX COUNTY REGISTER'S orrice| HALL OF RECORDS , ROOM 130 465 MARTIN LUTHER KING Jr. Blvd NEWARK NJ 07102 INSTRUMENT NUMBER: DOCUMENT TYPE 14044449 DEED Official Use Only Return Address (for recorded documents) . - KENNETH SAUTER, ESQ HILL WALLACK LLP WILLIAM NARVAEZ 89 HEADQUARTERS PLAZA, SUITE 1428 DEPUTY REGISTER ESSEX COUNTY, NI MORRISTOWN NJ 07960 INSTRUMENT NUMBER 14044449 RECORDED ON 5.2014 BOOK 12501 PAGED No. Of Pages (excluding Swnmary Sheet) 6 RR Recording Fee (excluding Transfer Ta, $90.00 Realty Transfer Tax $0.00 Amount Charged = (Chee! G 64) $90.00 Municipality ips ORANGE CONSIDERATION (E) $1.00 Parcel Informat Block 155 MAIL COPY 27 NO COPY < ENVELOPE F ARC OF ESSEX COUNTY INC ARC OF ESSEX COUNTY INC Additional Information (Official Use Only) ADDITIONAL STAMPINGS JoSberebebobhienkett44453% DO NOT REMOVE THIS PAGE Soe @0on Oop ebeiniciicininiicer COVER SHEET (DOCUMENT SUMMARY FORM) IS PART OF ESSEX COUNTY FILING RECORD waRRRRRE EERE RETAIN THIS PAGE FOR FUTURE REFERENCE, 428° 88820305 8 058%

on Prepared by: (Print signer’s name below signature) awh Kerineth R. Sauter, Esq. DEED This Deed is made on June =, 2014 BETWEEN THE ARC OF ESSEX COUNTY, INC. whose address is 123 Naylon Avenue, Livingston, New Jersey. 07039, refe e Grantors, AND THE ARC OF ESSEX COUNTY, INC. whose address is 123 Naylon Avenue, Livingston, New Jerseyz,070 referred to as the Grantee. The words “Grantor” and “Grantee” shall mean al! Gra all Grantees listed above. Transfer of Ownership. The Grant a! property described below to the Grantee. d ($1.00) DOLLAR--------—-- . id conveys (transfers ownership of) the ris made for the sum of ONE AND 00/100 The Grantor acknowledges receipt of t Tax Map Reference (N.J.S Block No. 155 Le 15-1.1) Municipality of WEST ORANGE, 77 Account No. umber is available on the date of this Deed. (Check box if applicable). Property. The propéety consists of the land and all the buildings and structures on the land in the Townshi a Orange, County of ESSEX and State of NEW JERSEY. The legal description is: SEE LEGAL TION ATTACHED BEING the same premises conveyed to Grantor by the following Deed: (1) | The ARC of Essex County, Inc. by deed from Mark Whaley and Jeannette Whaley, married, dated August 29, 2013, and recorded October 21, 2013, in the Register’s Office of the County of Essex, New Jersey, in Deed Book 12464, page 556 (the “Original Deed’). Being premises known as 177 Marion Drive, West Orange, New Jersey, 07052 (2) The grantee hereunder does acknowledge that the cost of the acquisition and rehabilitation of the property has been satisfied out of the proceeds of a certain loan from the County of Essex under the Federal HOME Program and that the premises shall be subject to the affordability requirements contained in 24 Code of Federal Regulation, Part92. The Affordability Period will be fifteen (15} years, and will be enforced through a Deed Restriction that runs with the land to be executed by the Borrower. The Affordability Period will not commence until a Certificate of {F:Avdoxidocs/016974/00002/029793 +2; 2}

CHICAGO TITLE INSURANCE COMPANY X-4 7843 TITLE INSURANCE COMMITMENT SCHEDULE A NUMBER 4 t (continued) DESCRIPTION ALL that certain lot, parcel or tract of land, situate and lying in the Township of West Orange, County of Essex, State of New Jersey, and being more particularly described as follows: ' Being ali hat certain real property subject to the provisions of the State of New Jersey Condominium Act, N..S.A. 48:88-1 at seq,, its amendments and supplements and siwatad, lying and being i woship of West Orange, Counly of Essex, State of New Jersey, more particularly described as U ding 8. situated in Essex Green Villa Condominium, a New Jersey Condominium, together wit gregate 1.2914 percent undivided interest in the Common Elaments of said Condominium appurta q forasaid Unil, in accordance w:th and subject to the terms, limitations, condilions, covenants, agreamants and other provisions set forth in the Master Deed for Essex Gr September 25, 1979 in the Essex County Register’s Office in Dead Book 46: 202; and amended by Oeed Bock 4701, Page 569; Corrective Master Dead racarded in Dasd Book 752, 8 747 and second Corrextiva Master Oeed recorded in Desd Book 4796, Page 825, and any further mants hereto. mas) oN = © x ic easements, randominum racorded LOT 27 C0177 IN BLOCK 155 ON THE TAX MAP. (Said Lot and Block reported for informational purposes only) Issued by Central Jersey Title Co., Inc. 16 Schuyler Place Morristown, NJ 07960 ‘Telephone: 973-538-5070 Wax: 973-538-1563

™ u es Occupancy (C of O) and a project completion report have been submitted to Lender, and the Project has met the requirements for Project Completion outlined in 24 CFR 92.2, which will require that the property be acquired and construction be complete and property standards met; all HOME funds have been disbursed by the County and drawn from the US Treasury; and required completion data has been entered in HUD’s IDIS system. The Borrower will notify the Lender when the Borrower has satisfied the requirements for completion, and submit the necessary support documentation, including a Certificate of Occupancy. Upon its approval, the County will notify the Borrower 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 Borrower shall execute an amendment to the deed running with the land that extends the affordability restrictions of 24 CFR 92.262 to the exact date of expiration of the Affordability Period. The Affordability Period shall remain in force despite any prepayment of this Loan. The Borrower understands that the HOME assisted units must achieve initial occupancy within 18 months of the project completion date. If a unit has no initial occupancy within 18 months of the project completion date, then the funds invested in that unit must be reimbursed to Lender. If any HOME-Assisted Units are vacant six (6) months after Project Completion, the Borrower shall provide Lender with aeport on current Assisted Units. The provisions thereof may be enforced by the County of & under the mortgage in foreclosure, the Mortgage Note, the Amended an Written Agreement, or the Amended and Restated Loan Agreement ated Jeveloper’s 17, 2014 for acceleration of the loan as provided in paragraph 3 of the Loan Agree SUBJECT to easements and restrictions of record, if any, and such state of facts as an accurate survey may disclose. Promises by Grantor. The Grantor promises tha the property. This promise is called a “covenant as tor’s acts” (N.J.S.A. 46:4-6). This promise means that the Grantor has not allowed an’ el8é to obtain any legal rights which affect the property (such as by making a mortgage“or dior a judgment to be entered against the Grantor). Grantor has done no act to encumber © oi Signatures. The Grantor signs t 6 as of the date at

affect the property (such as by making a mortgage“or dior a judgment to be entered against the Grantor). Grantor has done no act to encumber © oi Signatures. The Grantor signs t 6 as of the date at the top of the first page. THE ARC OF ESSEX COUNTY, INC. Linda Lucas, Chief Executive Officer Witness/Attest: nti Consent to Amendment to Deed Restriction. The County of Essex, Division of Housing and Community Development signed below to confirm its consent to the Amendment of the restrictions set forth in the Original Deed as recited in this Deed. UNTY OF ESSEX By: eorge F, Si Division of Housing and Community Development {F:/wdox/docs/016974/00002/02979312; 2}

45 oy STATE OF NEW JERSEY, COUNTY OF ESSEX SS.: I CERTIFY that on June 17, 2014 Linda Lucas personally came before me and acknowledged under oath, to my satisfaction, that: a) _ this person signed and delivered the attached Deed as the Chief Executive Officer of The Arc of Essex County, Inc., a corporation of the State of New Jersey, named in this document; and b) this Deed was signed and delivered by the corporation as its volunta deed by virtue of authority from its Board of Directors; and ’ ¢) The corporation made this Deed for $1.00 as the full and actu tion paid or to be paid for the transfer of title. (Such consideration is defined MINERVA DELGADO! NOTARY PUBLIC OF NEW JERSEY MY COMMISSION EXPIRES OCT.18, 2015 DEED 4) Dated: June 17, 2014 The ARC of Essex Hilt Wallack LLP County, Inc, Grantor Record and return to: . x Kenneth Sauter, Esq. The ARC of Es Hill Wallack LLP County, Inc., Grantee 89 Headquarters Plaza, Suite 1428 Morristown, NJ 07960 {F:/wdox/docs/016974/00002/02979312; 2}

GIT/REP-3 (5-12) State of New Jersey SELLER'S RESIDENCY CERTIFICATION/EXEMPTION (C.55, P.L. 2004) {Please Print or Type) SELLER(S) INFORMATION (See Instructions, Page 2) Names(s) THE ARC OF ESSEX COUNTY, INC. Current Resident Address: 123 NAYLON AVENUE Street: City, Town, Post Office State Zip Code LIVINGSTON NJ 07039 PROPERTY INFORMATION (Brief Property Description) Block(s) Lot(s) 2) Qualifier 155, 27 CO177 Street Address: 177 MARION DRIVE City, Town, Post Office -O Zip Code WEST ORANGE NJ 07052 Seller's Percentage of Ownership Consideration Closing Date 100 1.00 06/17/2014 SELLER ASSURANCES (Check the Appropriate Box) (Boxes 2 througi 10 apply to Residents and Non-residents} pursuant to N.J.S.A. 54A:1-1 et seq. and will file a or income from the disposition of this property. resident gross income tax return and pay any applicable taxes pn a 2. [[]The real property being sold or transferred is used exclusivel federal Internal Revenue Code of 1986, 26 U.S.C. s. 121. 3. ol am a mortgagor conveying the mortgaged property to angi in foreclosure or in a transfer in lieu of foreclosure with no 1. Liam a resident taxpayer (individual, estate, or trust) of the State of fa) ipal residence within the meaning of section 121 of the Jersey, the Federal National Mortgage Association al Home Loan Mortgage Corporation, the Government National Mortgage additional consideration. 4. (()Seller, transferor or transferee is an agency or authogi e United States of America, an agency or authority of the State of New Association, or a private mortgage insuranc: Seller is not an individual, estate or trust afd as sugh not required to make an estimated payment pursuant ta N.J.S.A.54A:1-1 ef seq. |The tatal consideration for the property is $7, less and as such, the seller is not required to make an estimated payment pursuant to N.J.S.A. 54A:5-1-1 et se 7. |The gain from the sale will not be plot. (CIRCLE THE APPLICABLI the obfigation to file a New Je! Lo non-like kind property @& for Federal income tax purposes under I.R.C. Section 721, 1031, 1033 or is a cemetery IN}. If such section does not ultimately apply to this transaction, the selier acknowledges tax return for the year of the sale (see instructions). 8. (Transfer by an executor or adfifinistrator of a decedent to a devisee or heir to effect distribution of the decedent's estate in accordance with