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reconstruct, or demolish any part of the Project, or impair any real or personal property of the Project, without prior written approval by the City; 4. Require, as a condition of the occupancy or leasing of any dwelling unit in the Project, any consideration or deposit in excess of that permitted by HOME Program regulations for the HOME-Assisted Units to guarantee the performance of the covenants of the lease. Any funds collected as security deposits shall be kept separate and apart from all other funds of the Project in a trust account with a depository insured by the Federal Deposit Insurance Corporation and shall be held and disbursed in accordance with Washington law and this Loan Agreement. The balance of such account shall at all times equal or exceed the aggregate of all outstanding obligations under said account, plus accrued interest thereon; 5. Permit the use of the units in the Project for any purpose except that which was approved by the City; 6. Incur any liability or obligation in connection with the Project, contingent or otherwise (other than liabilities and obligations in connection with the financing of the acquisition, payment of loans, development, construction of and operations of the Project); 7. Enter into any contract or contracts for supervisory or managerial services except as permitted by this Loan Agreement; or 8. Invest any funds from the Project in any property, real or personal, for use on other properties of the Agency, except as authorized by this Loan Agreement or by the City. W. Public Information 1. In all news releases and other public notices related to the Project funded under this Loan Agreement, the Agency shall include information identifying the source of funds as the City of Everett HOME Investment Partnerships Program. 2. For all construction Projects, the Agency shall erect a sign to City specifications at the construction site, identifying the source of funds. X. Religious or Faith-Based Organizations 1. Organizations that are religious or faith-based are eligible on the same basis as any other organization to participate in the HOME Program. 2. Organizations that are directly funded under the HOME Program may not engage in inherently religious activities, such as worship, religious instruction, or proselytization, as a part of the programs or services funded under 24 CFR Part 92. If the Agency conducts such activities, the activities must be offered separately, in time or location, from the programs or services funded under 24 CFR Part 92, and participation must be voluntary for the beneficiaries of the HUD-funded programs or services. 3. An organization that participates in the HOME Program shall not, in providing program assistance, discriminate against a program beneficiary or prospective program beneficiary on the basis of religion or religious belief. Loan Agreement Cocoon House Page 15 of 51