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RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: HOUSING AUTHORITY OF THE Copy CITY OF RIVERSIDE 3900 Main Street, 5th Floor Riverside, CA 92522 Attn: Housing Manager Project: Targets of Opportunity Program APN: 233- 170 -055 -8 (SPACE ABOVE THIS LINE RESERVED FOR RECORDER =S USE) AGREEMENT AND COVENANTS, CONDITIONS AND RESTRICTIONS AFFECTING REAL PROPERTY INCLUDING RESALE RESTRICTION, AFFORDABILITY EXIT FEE AND RIGHT OF FIRST REFUSAL, AND OWNER OCCUPANCY REQUIREMENTS THIS AGREEMENT AND COVENANTS, CONDITIONS AND RESTRICTIONS AFFECTING REAL PROPERTY INCLUDING RESALE RESTRICTION, AFFORDABILITY EXIT FEE, RIGHT OF FIRST REFUSAL AND OWNER OCCUPANCY REQUIREMENTS ( "CCR's ") is entered into this 20th day of Sept., 2010 (the "Effective Date "), by and between. the HOUSING AUTHORITY OF THE CITY OF RIVERSIDE, a public body, corporate and politic, ( "Housing Authority ") and Andrea Bullingor, as ( "Owners "), with reference to the following facts: RECITALS WHEREAS, the Redevelopment Agency of the City of Riverside ( "Agency ") has approved the Targets of Opportunity Program ( "TOO Program "), for the purpose of facilitating the redevelopment of abandoned and foreclosed homes and residential properties to provide decent, safe, sanitary, and affordable housing for low or moderate income households in the City of Riverside ( "City "); and WHEREAS, the TOO Program is fruaded with money from the Agency's low income and moderate income housing set aside funds as described in Health and Safety Code § 33334.2 ( "Fund "); and WHEREAS, the Agency has delegated certain powers to the Housing Authority to administer and implement the TOO Program; and WHEREAS, to promote the goal of affordable home ownership, the Housing Authority will sell rehabilitated single - family homes to qualified low and moderate income households; and 1