West Orange Fourth Round HEFSP_adopted 111025_Appendices

DEED Prepared by: “ name below signature) This Deed is made on August Zz f , 2013 Roger A. Sérruto, Esq. BETWEEN JEANNETTE WHALEY and MARK WHALEY, married, whose address is 54 Summit Drive, Basking Ridge, New Jersey 07920, referred tg asthe Grantors, AND THE ARC OF ESSEX COUNTY, INC. whose address is about to be 177 Marion Drive, West Orange, (®) 07052, referred to as the Grantee. The words “Grantor” and “Grantee” shall mean all Grant id all Grantees listed above. Transfer of Ownership. The Grantor gran property described below to the Grantee. This, tr TWENTY-NINE THOUSAND NINE HUNDRI gonveys (transfers ownership of) the| made for the sum of TWO HUNDRED] ’S ($229,900.00) DOLLARS-------------. The Grantor acknowledges receipt of this Tax Map Reference (N.J.S.A. 4 Block No. 155 Lot No. 27. Municipality of WEST ORANGE, Account No. QO No property tax identifi applicable). er is available on the date of this Deed. (Check box iff ists of the land and ail the buildings and structures on the land| in the Township of range, County of ESSEX and State of NEW JERSEY. The legal description is: SEE LEGAL D. 2 ATTACHED BEING the sa Deed: ses conveyed to Jeannette and Mark Whaley, married, by the following (1) Mark Whaley and Jeannette Whaley, husband and wife by deed from In Suk Seo, married and Christina Seo, unmarried, his daughter TO Mark Whaley and Jeannette Whaley, husband and wife (tenants by the entirety) as Joint Tenants with the right of survivorship with Salley Weintal, unmarried, dated September 29, 1999, recorded October 7, 1999, in the Register’s Office of the County of Essex, New Jersey, in Deed Book 5647, page 592. Note: Salley Weintal died on November 15, 2012. Being premises known as 177 Marion Drive, West Orange, New Jersey 07052 (2) The grantee hereunder does acknowledge that the cost of the acquisition 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 HOME-assisted units must meet the affordability requirements for not less than the applicable period (“Affordability Period”). The affordability period