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A <br /> I� 1 � . <br />� <br /> AGREEMEP3T <br /> Th�s Agreement �y and between th� C�t�� o£ �ecatu�,. Illinois , <br />� a �unicipal cor oration "Ci�v°� - _ <br /> P , ( . ) , DCDF, Inc . , an s.11inois r�ot <br /> fo=-proLir corporation, ( "DCDF" ? , and First National Bank of Decatur <br /> a National Banking Association , ( ��Fi.aancial IIISt�tutioA'� ) . <br /> w'riBREAS, the City, DCDF, and the Financial Institution w�sh <br /> co sp�.z� re�evelopment, prese�ve existing housinq stock and im- <br /> prova the physical environment within inner c�ty D�catar by <br />, y;_� _ S i .�i L .. � 1 1 .{. � <br /> NiOV�3_,1CJ tllOi �c3d.tj2 :llailejt �U a5S7.S� tOW �Q iQi�,.Cll.d 1r1COIfl@ i�liii_;,J.BS <br /> in the purchase o= eYisting homes . <br /> WHEREAS , �he City, DCDF, and the Financial Instituz�on nave <br /> acraen to astablish and administer funds �or the purpose of <br /> p:ov�ding mortgage loan money as abeve described and have fur- <br /> ► <br /> t�er agresd �o work together on such mortgaqe I.oan program. <br /> NOW, THEREFORE, for and in ccns�dsr�tion of tre :�iutual <br /> pr�mises and obliqat�ons made and assu�ned herein, �he City, DCDF <br /> and t:�e �inancial Iastitution agree as foiiows : <br /> 2 . The program estab?ished by the pr4visicna of tn=s <br /> �.greem�nt shall be knowr. as the Home Mortgage Revclvir�g Loan <br /> ?�ograrn ( :'Program" ) . <br /> 2 . The City shali accegt 3nd prac�ss applicat�cns �ar <br /> 'oai2s undar the Prv rar� then fo wa +- - <br /> 5 , r rd the same _o thC rinan ' <br /> czal <br /> Institution for approval . The pracessir.g ci such appiic�t:ioas <br /> � s��11 inc�.ude, but is not Iimitad to, crec::ir.g the crediz hz;�orJ <br /> of ths appl�cants , inspec��on ar thP progerties , obtair_ir.g �p- <br /> Lraisais c� �he properr��s sougnt to De purc�a�ed, Gnd VP�'li.�i.� <br /> su�h cthar ��±or:�ation as is contained ir. su�h ap�lica�icns . <br />