Termination of Interest Free Loan

(a)The mortgagor must pay off the balance of the Interest Free Loan if, during the term of the loan, the Home secured by the mortgage for which the loan was granted is:

(1)transferred or conveyed;

(2)sold;

(3)occupied exclusively by individuals other than the mortgagor(s) or their children; or

(4)leased before five

(5)years of actual occupancy by the mortgagor.

(b)If the Home is leased prior thereto then the Interest Free Loan shall be reamortized at the rate of the GHC loan as an interest bearing loan and such interest shall be remitted to GHC for deposit in the Community Affordable Housing Action Trust (the “Trust”).