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Table of Contents <br />(continued) <br />Page <br />Section 7.2 Loan Agreement, Note No. 1 and Corporate Guaranty 13 <br />Section 7.3 Fee in Lieu of Interest and Default Interest Rate 13 <br />Section 7.4 Repayment Terms 13 <br />Section 7.5 Prepayments 14 <br />Section 7.6 Submission of Financial Information 14 <br />Section 7.7 Principal Forgiveness 14 <br />ARTICLE VIII LOAN NO.2 14 <br />Section 8.1 Loan No. 2 14 <br />Section 8.2 Loan Agreement, Note No. 2, and Personal Guaranty 15 <br />Section 8.3 Initial Interest Rate, Interest Rate Increase and Default Interest <br />Rate 15 <br />Section 8.4 Repayment Terms 15 <br />Section 8.5 Prepayments 15 <br />Section 8.6 Limitations on Disbursements and Disbursement of Costs of <br />Issuance 16 <br />Section 8.7 Credit Against Interest 16 <br />ARTICLE IX PARKING RAMP IMPROVEMENTS 16 <br />Section 9.1 Parking Ramp Improvements 16 <br />ARTICLE X REAL ESTATE TAX PAYMENTS AND ASSESSMENT <br />AGREEMENT 16 <br />Section 10.1 Real Property Taxes 16 <br />Section 10.2 Assessment Agreement 17 <br />ARTICLE XI RESTRICTIONS ON ASSIGNMENTS AND TRANSFERS, <br />SUBORDINATION AND RENTAL RESTRICTIONS 18 <br />Section 11.1 Prohibition against Transfer of the Development Property; <br />Assignment of Development Agreement; Assignment of the <br />TIF Note and Transfer of Membership Interests in Developer 18 <br />Section 11.2 Permitted Collateral Assignments 19 <br />Section 11.3 Subordination of Development Agreement to Project Mortgage <br />and Extension of Time to Cure 19 <br />Section 11.4 Rental Restrictions 19 <br />Section 11.5 Permitted Assignment to F & C Ramsey Apartments, LLC 19 <br />ii <br />26956I4v16 <br />