NewYorit City Habitat for Humanity?9 NSP VOLUNTARY ACQUISITION . - Informational Notice - Issac Katz 849 Halsey LIE 100A Broadway #461 Brooklyn, NY 11211 July 19, 2010 Dear Mr. Katz; Habitat for Humanity New York City, Inc. is interested in acquiring property you own at 849 Halsey St, Brooklyn, NY for a pr0posed project which may receive funding assistance from the us. Department of Housing and Urban Development (HUD) under the Neighborhood Stabilization Program (NSP). Please be advised that Habitat for Humanity New York City, Inc. docs not have authority to acquire your property by eminent domain. In the event we cannot reach an amicable agreement for the purchase of your property, we will not pursue this proposed acquisition. Under the NSP, we are required to purchase residential foreclosed properties (which may include certain residential properties in mortgage or tax default status that meet the NSP de?nition of ?foreclosed?) at a discount from their market appraised value. The subject property is a vacant, but not foreclosed property, and your asking price is $700,000 (seven hundred thousand dollars). We currently believe that the property?s market value is $700,000. We are prepared to purchase your property; however, depending on the of the appraisal, our written offer may differ from this amount. Please contact us at your convenience, if you are interested in selling your property. If your property is in default, but foreclosure proceedings have not been initiated/completed, and our offer is for less than the current balance of your mortgage loan(s), we suggest that you seek legal counsel or guidance. We cannot provide you with 111 John Street. 23rd Floor New York. NY 10038-3109 Tel. (212) 991-4000 Fax (212) 991-3990 We cannot provide you with legal advice regarding any tax, credit, or de?ciency judgment consequences to you related to the sale. In accordance with the Uniform Relocation Assistance and Real Property Acquisition Policies Act (URA), owner-occupants who move as a result of a voluntary acquisition are not eligible for relocation assistance. A tenant-occupant who moves as a result of a voluntary acquisition for a federally-assisted project may be eligible for relocation assistance as a displaced person. Such displaced persons may include not only current lawful occupants, but also former tenants required to move for any reason other than an eviction for cause in acc0rdance with applicable federal, state, and local law. If your property is currently tenant-occupied or a tenant lawfully occupied your property within the past 3 months prior to our offer, we need to know immediately. Further, you should not order current occupant(s) to move, or fail to renew a lease, in order to sell the property to us as vacant. If you have any questions about this notice or the proposed project, please contact Leigh Roumila, Senior Project Manager NSP2 Habitat for Humanity New York City 111 John St New York, NY 10038 212 991 4000 x311 Sincerely, Senior Project Manager NSP2 This Notice of Voluntary Acquisition was personally given to Issac Katz, Principal of 849 Halsey, LLC, by Leigh Roumila, Senior Project Manager, Habitat for Humanity New York City, 11 9, 2010. OCCUPANCY CERTIFICATION UNDER THE PROTECTING TENANTS AT FORECLOSURE ACT [To be completed by the seller ofrhe properly. Address of Property C?Property?) New 11233 City, State Zip Ifepplicnble, the undersigned. Seller of the Property certi?es to Habitat for Humanity Bed-Stay Homes Housing Development Fund Corporation (?Buyer?) that 1. Seller has complied and intends to continue to comply with the provisions of the Protecting Tenants at Foreclosure Act, Title VII of the Helping Families Save Their Homes Act of 2009 and Title XII of the American Recovery and Reinvestmont Act of 2009 in connection with the Preperty. including any requirements of the giving of notice to vacate C?No?ee") as required pursuant to PTFA and ARRA to any hone. ?de tenant of the Propertyr if any such tenant was in possession of the Property prior to the foreclosing lender's notice of ?rmelosure; and 2. At the time of the acquisition of the Property by the buyerlmtee, all currently vacant units at the Property will be delivered vacant, unoccupied and without any party in possession or with a right to possession to the Property. Further, if any units at the Property are not occupied at this time. the Seller also certi?es and agrees that it has not now and will not after the date hereof allow any person, including the former ovmer. to occupy any such units at the Property under a lease or any other agreement for possession of the Property either oral or written. of Sell one: iQJQ-ajtl By: Its When I, Leigh Roumila, Senior Project Manager for Habitat for Humanity New York City first visited the property known as 849 Halsey St, Brooklyn, NY on June 16, 2010, I found all the units to be vacant. I have since been back several times, and the building has remained in vacant condition. Signed and certified this 19th day of November, 2010. Leigh Roumila