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amount equal to the lesser of ( i) $250 , 000 or ( ii ) the costs of the Soil Correction as set forth in the statement delivered to the HRA under Section 4 . 3(a) hereof . The Redeveloper acknowledges that it has reviewed the form of the Note and Note Resolution and approves the terms thereof . The Redeveloper further acknowledges that the Note is 'a limited obligation of the HRA, and shall not be payable from any funds of the HRA other than the tax increment revenue derived from the Tax Increment District specifically pledged to the payment thereof under the Note Resolution. Section 6 . 2 Taxes . Redeveloper shall pay when due all real estate taxes and installments of special assessments payable on the Redevelopment Property subsequent to the date title to the Redevelopment Property is conveyed to Redeveloper and prior to the date of sale of the Minimum Improvements , or portions thereof, to purchasers . ARTICLE 7 Mortgage Financing Section 7 . 1 Mortgage Financing. Mortgage financing for construction of the Minimum Improvements shall be in accordance with this Article. The HRA agrees to cooperate with Redeveloper in Redeveloper ' s efforts to obtain such mortgage financing. Section 7 .2 Limitation Upon Encumbrance of Property. Prior to the completion of the Minimum Improvements, as certified by the HRA, neither Redeveloper nor any successor in interest to the Redevelopment Property or any part thereof shall engage in any financing or any other transaction creating any Mortgage or other encumbrance or lien upon the Redevelopment Property, whether by express agreement or operation of law, or suffer any encumbrance or lien to be made on or attach to the Redevelopment Property, except with the prior written approval of the HRA, which approval will not be unreasonably withheld if the encumbrance is to secure a loan for the purposes of obtaining funds only to the extent necessary for acquiring the Redevelopment Property and development of the Minimum Improvements . The HRA shall not approve any Mortgage which does not conform to the- requirements of this Agreement . Section 7 .3 Approval of Mortgage. The HRA shall approve a Mortgage if the HRA first (a) receives a copy of all mortgage documents; (b) determines, in its reasonable discretion, that the Mortgagee is a responsible lender capable of making the mortgage loan; (c) determines, in its reasonable -11-