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(m) HRA. The Orono I lousing and Redevelopment Authority, and any successor <br />to its functions. <br />(n) Improvements. Ihc 62-unit apartment building and appurtenant facilities <br />described in the PUD Agreement. <br />(o) Mortgage and Holder, fhe term “Mortgage** shall include the mortgages <br />referenced in Article V of this Agreement and any other instrument creating an enc umbrance <br />or lien upon the Development or any part thereof as security for a loan. The term “Holder** in <br />reference to a Mortgage includes any insurer or guarantor (other than the Developer) of any <br />obligation or condition secured by such Mortgage or deed of trust. <br />(p) Permitted Encumbrances. Ihc encumbrances on the Development Property <br />which are pennitted to c.xist and the time the Development Property is conveyed to the I IRA, <br />which encumbrances shall consist only of________________________and such other <br />encumbrances as the City and HRA may approve in writing. <br />(q) Project. The IX’velopmenl Property and the Improvements to be constructed <br />thereon pursuant to this Agreement <br />(r) Project Costs. Project Costs means: <br />(a) Costs incurred directly or indirectly for or in connection with the <br />acquisition, construction, installation or equipping of the Project, including other costs <br />incurred in respect of the Project for preliminaiy planning and studies; architectural, <br />legal, engineering, account consulting, development super\ isoiy and other services; <br />land, labor, sen ices and materials and recording of documents and title work. <br />(b) Premiums attributable to any surety bonds and insurance required to be <br />taken out and maintained during the construction period with respect to the <br />Development Property and the Improvements. <br />(c) Taxes, assessments and other governmental charges in respect of the <br />Project that may become due and payable during the construction period. <br />(d) Costs incurred directly or indirectly in seeking to enforce any remedy <br />against any contractor or subcontractor in respect of any actual or claimed default <br />under any contract relating to the Improvements. <br />(e) Financial, legal, accounting, printing and engraving fees, charges and <br />expenses and all other such fees, charges and expenses incurred in connection with the <br />authorization, sale, issuance and delivery of the Housing Bonds and Subordinate <br />Housing Note including, without limitation, the fees and expenses of the City and