West Orange Fourth Round HEFSP_adopted 111025_Appendices

Section 46. Counterparts This Agreement may be executed in multiple counterparts, all of which shall constitute one and the same instrument, and each of which shall be deemed to be an original. A fax copy of a signature on this Agreement shall have the same effect as an original provided that an original is received by the other party hereto within two business days thereafter. Section 47. Investment Funding. The Owner agrees to make an investment in the Project and Land in an amount which is not less than 20% of the total Project cost as determined by the Agency puxsuant to the Act and the Program. In the event the principal sum set forth in the Agency Fin: at is advanced to the Owner is determined by the Agency to exceed 80% of the tot: ‘ost, the Owner shall reimburse the Agency an amount that would reduce the Ag cing to 80% of the total Project cost. IN WITNESS WHEREOF, the parties hereto h ye executed this Agreement as of the day and year first written above. R: ISH SERVICES FOR THE ‘VELOPMENTALLY DISABLED OF METROWEST, INC. WITNESS/ATTEST By: Michael Miller Vice President LENDER: NEW JERSEY HOUSING AND MORTGAGE FINANCE AGENCY yy: . Leslie S. Lefkowitz Kaan Chief of Legal and Regulatory Affairs B This Agreerfient is approved as to form: ATTORNEY GENERAL OF NEW JERSEY Awe Aledo Kimbsily A. Shed Deptity Attorney General 22