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10.11 Partial Subordination to Extended Use Agreement. This section shall apply if <br />Truster or Truster's successor in interest and the California Tax Credit Allocation Committee <br />enter into a Regulatory Agreement ("TCAC Regulatory Agreement"), that constitutes the <br />extended low-income housing commitment described in Section 42(h)(6)(B) of the Internal <br />Revenue Code, as amended (the "Code"). In the event of a foreclosure of Beneficiary's interest <br />under this Deed of Trust or delivery by the Truster of a deed in lieu thereof (collectively, a <br />"Foreclosure"), the following rule shall apply: <br />2890663.l <br />In the event of a Foreclosure, throughout the extended use period specified in <br />the TCAC Regulatory Agreement, with respect to any unit that had been <br />regulated by the TCAC Regulatory Agreement, (i) none of the eligible <br />tenants occupying those units at the time of Foreclosure may be evicted or <br />their tenancy terminated (other than for good cause, including but not limited <br />to, the tenants' ineligibility pursuant to regulations of the HOME Program or <br />Section 42 of the Code), (ii) nor may any rent be increased except as <br />otherwise permitted under Section 42 of the Code. <br />SIGNATURES ON FOLLOWING PAGE. <br />20