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5 <br /> have been paid or defaulted, but not to exceed 15 years from the date on which the <br /> last loan in this program shall have been made. <br /> XI. Withdrawal from Participation <br /> A. The Lender shall give the City sixty (60) days notice in writing of intent to <br /> withdraw from participation in the Community Housing Improvement Program. <br /> B. Within thirty days after receipt of such notice, the City's Housing <br /> Rehabilitation Official shall not refer any additional loans to the Lender. <br /> C. The Lender shall continue to service outstanding loans, <br /> XII. Federal Compliance <br /> The terms and conditions of this agreement are subject to the provisions of 24 <br /> CFR, Part 570.513, which describes the Housing and Urban Development <br /> requirements for lump sum drawdown of Community Development Block Grant <br /> funds for property rehabilitation financing. <br /> Ray Stephanson, Mayor <br /> Cascade Bank <br /> Participating Lender <br /> 4,:e27--(1 <br /> Sidf ture <br /> vacr�' /Lav%gLG <br /> Print Name <br /> rap <br /> Title <br /> Approved as to legal form: <br /> Jim Iles, City Attorney <br /> ATTEST: <br /> City Clerk <br /> 6 <br /> 43 <br />