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DocuSign Envelope ID: 5C622784- 3DD9- 4F2B- 8D53- D3D3E1D35BD4 I l [III III[ c' IIIIIIIII II� <br />Illllllllllllli <br />RB6513 1321 42158 <br />■ Exhibit A: FORM: LETTER OF STIPULATION <br />Letter of Stipulation <br />To: COMMUNITY HOME TRUST ( "the CHT ") <br />Date: <br />This letter is given to CHT to become an exhibit to a Lease between the CHT and me. I will be <br />leasing a parcel of land and the home located on that parcel of land from CHT for the term of the <br />lease, which will give me an "ownership interest" in the property. I will therefore become what <br />is described here as a "CHT homeowner." <br />My legal counsel, , has explained to me the terms and <br />conditions of the Lease and other legal documents that are part of this transaction. I understand <br />the way these terms and conditions will affect my rights as a CHT homeowner, now and in the <br />future. <br />In particular I understand and agree with the following points. <br />One of the goals of the CHT is to keep CHT homes affordable for lower- income households <br />from one CHT homeowner to the next. I support this goal as a CHT homeowner and as a <br />member of the CHT. <br />The terms and conditions of my Lease will keep my home affordable for future "Qualified <br />Buyers" (as defined in the lease). If and when I want to sell my home, the lease requires that I <br />sell it either to the CHT or to another Qualified Buyer. The terms and conditions of the lease <br />also limit the price for which I can sell the home, in order to keep it affordable for the Qualified <br />Buyers. <br />It is also a goal of the CHT to promote resident ownership of CHT homes. For this reason, my <br />Lease requires that if I and my family move out of our home permanently, we must sell it. We <br />cannot continue to own it as absentee owners. <br />I understand that I can leave my home to my child or children or other members of my household <br />and that, after my death, they can own the home for as long as they want to live in it and abide by <br />the terms of the Lease, or they can sell it on the terms permitted by the Lease. <br />As a CHT homeowner and a member of the CHT, it is my desire to see the terms of the Lease <br />and related documents honored. I consider these terms fair to me and others. <br />Sincerely, <br />