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R2005-112 AUTHORIZING THE PARTICIPATION IN THE ILLINOIS HOUSING DEVELOPMENT AUTHORITY
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R2005-112 AUTHORIZING THE PARTICIPATION IN THE ILLINOIS HOUSING DEVELOPMENT AUTHORITY
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12/14/2015 9:16:55 AM
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12/14/2015 9:16:50 AM
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Resolution/Ordinance
Res Ord Num
R2005-112
Res Ord Title
AUTHORIZING PARTICIPATION IN THE ILLINOIS HOUSING DEVELOPMENT AUTHORITY - AMERICAN DREAM DOWNPAYMENT INITIATIVE (ADDI)
Approved Date
8/29/2005
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, , <br /> , <br /> . ` <br /> EXHIBIT C TO HOMEBUYER PROGRAM AGREEMENT <br /> HOMEBUYER AFFIDAVIT <br /> State of Illinois ) <br /> ) SS <br /> County of ) <br /> The undersigned, having first been duly sworn upon oath, does hereby depose and state as <br /> follows: <br /> 1. That the undersigned is purchasing a residence("Residence")located at: I� <br /> Street Address: , <br /> City: <br /> County: <br /> State of Illinois <br /> from: Name of Seller(s): <br /> (the "Seller"). <br /> 2. That the first mortgage lender("Lender") is: <br /> 3. That City of Decatur, Illinois ("Sponsor") is assisting in the fmancing of the <br /> purchase of the Residence with a loan ("HOME Loan") made available through the provisions of <br /> the HOME Investment Partnerships Program, created under the National Affordable Housing Act <br /> of 1990, and pursuant to the Federal and Illinois rules and regulations promulgated with respect <br /> thereto (herein said Act, Program, rules and regulations collectively are referred to as the "HOME <br /> Program"); that the HOME Program is administered by the Illinois Housing Development <br /> Authority, which has contracted with the Sponsor to administer the local HOME Program; and that <br /> the undersigned shall be subject to specific HOME Program requirements for a period of five (5) <br /> years following the date of the HOME Loan, all as more particularly set forth in the Homebuyer <br /> Program Agreement between the Sponsor and the undersigned of even date herewith. <br /> 4. That the Residence will be a single-family residence at the time the HOME Loan is <br /> made to the undersigned. <br /> 5. That the undersigned intends to occupy the Residence as (his, her, their] <br /> principal residence within 60 days after the HOME Loan is provided. <br /> 6. That the undersigned will occupy the Residence as fhis, her, theirl principal <br /> residence so long as the HOME Loan is outstanding. <br /> C-1 <br />
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