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AGREEMENT FOR SUPERVISION OF REAL PROPERTY REHABILITATION This Agreement is entered into by and between the City of South Bend Redevelopment Commission and Marilyn Sheree LaPorte (Owner), residing at 424 Lamonte Terrace, South Bend, IN 46616. 1. Owner has entered into an agreement with City of South Bend - Redevelopment Commission dated November 8, 2011 for a Home Improvement Loan in the amount of Six Thousand Five Hundred ($6,500.00) to be used for the sole purpose of rehabilitating the premises commonly known as 424 Lamonte Terrace, South Bend, IN, 46616 and more full described as: E 40.3 Ft Ex Tri Pc Se Cor Lot 15 Fassnachts Sub 2. Owner has entered into an Agreement for Rehabilitation of Real Property dated with Tri -M Construction, Gnoth Naragon, Garman Electric (Contractor) for the rehabilitation of said premise. 3. Owner & Commission hereby authorizes the Division of Community Development to monitor and inspect the rehabilitation work, to approve or disapprove Contractor's performance, to approve or disapprove proposed changes, to issue stop work orders when Supervisor determines that such action is in the Owner's best interest and to perform all other acts necessary to insure that Contractor fulfills its obligations under the Agreement for Rehabilitation of Real Property, including all terms and conditions thereof. 4. Owner & Commission hereby authorizes the Supervisor to disburse the proceeds of Owner's Home Improvement Loan to pay the costs of rehabilitation performed at the above described premises, pursuant to the Agreement for Rehabilitation of Real Property. Disbursement of said loan proceeds shall be made pursuant to the terms and conditions of said Agreement for Rehabilitation of Real Property.