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Mortgagor as his or her principal residence within a reasonable time (i.e., not. later than Sixty days) after the Closing Date of the Mott -gage Loan, (iv) the Acquisition Price of which does not exceed the Maximum Acquisition Price, and (v) the land appurtenant: to which seasonably maintains the basic livability of the resi.dpnce and does not provide, other than incidentally, a source of inco-- to the Mortgagor. A Single Family Residence is "new" if it has not been occupied prior to the issuance of a Commitment to a Mortgagor for a Mortgage Loan financing such Single Family Residence under the Program. A Single Family Residence is "existing" if it has been occupied prior to such Commitment. "State" means the State of Florida. "Targeted Area Allocation" means that portion of the Participant's Program Allocation which must be used to make Mortgage Loans in Targeted Areas, as designated in such Participant's Notice of Acceptance. "Targeted Areas" means the areas within the Counties listed as Qualified Census Tracts, as described in the Origination Agreement. "Targeted Proceeds" means that portion of a Participant's Targeted Area Allocation, for which Mortgage Loans have not been originated on or prior to April 1, 1997. THE INDENTURE The following is a summary of certain provisions of the Inclenture and is qualified in its entirety by reference to the Indenture. For a dec>cription of certain other provisions of the Indenture, see "THE SERIES A BONDS," "THE SERIES B BONDS" and "SECURITY FOR THE BONDS." hetein. Transfer and Exchang® The bon" may be presented for exchange at the principal carporate trust office of the Trustee which is constituted and appointed the Roel Registrar of the Authority. The Trustee may require payssnt of a sum sufficient to cover any •:proses incurred in makins such transfer or enchan9e. any tax or other governmental charge t may be imposed in relation thereto but say not impose gay otbar service charge or fee. The Authority and the Trustee Y nowt be required (i) to issue, transfer or eachalge any Bonds danag a pa r is ad til axaM at the Record tate and ending on the T t+t -:art Y a yment Date or obs period eosmsme ing fifteen 41s) daps i" : , Y to t tte day an mihlcb Un applicable sot too Of redespt ice is gjvst, and rnding oA t!r dst* sued sotiCO is 91•OIN. or kill to t r ami e t us a actaaaage gal► Bamds selected. ea l led or be tsg ca l led ton s�sdsmot ice is %*A" Or to part . Tl