Townes At Haddon Point by Haddon Point Urban Renewal II, LLC

1) The homes in the Community will be subject to a Financial Agreement with the Township of Pennsauken pursuant to the provisions of Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq. Under this Financial Agreement, the improvements, other than the land, are exempt from ad valorem real estate assessments and real estate property taxes that are standard under New Jersey Law. Instead, any individual Unit Owner will pay a predetermined payment in lieu of taxes in the form of an “Annual Service Charge” on the improvements as determined by the Financial Agreement. The Financial Agreement is complex. Prospective purchasers are strongly encouraged to review the Financial Agreement to be sure that they, their legal representatives, their financial advisors and their bank’s mortgage servicer, if any, understand all of the terms and conditions it imposes. Questions regarding the Financial Agreement should be directed to the Tax Collector or Tax Assessor for Pennsauken, not to Haddon Point Urban Renewal II, LLC or Ryan Homes. 2) Artist rendering/photograph of models intended to be available in the community. The options/model in these photos are substantially similar to the options/model types intended to be available in the advertised community, once constructed. 3) Photograph is of the Philadelphia, PA skyline. Philadelphia is located 5 miles from the community. The purpose of this advertisement is to solicit non-binding reservation reservations. A non-binding reservation is not a contract and may be cancelled by a prospective purchaser at any time, without cause. Any deposit money paid to the developer shall be refunded to the prospective purchaser upon request and cancellation of the non-binding reservation. Offered by: Haddon Point Urban Renewal II, LLC Builder: NVR Inc. T/A Ryan Homes Broker: NVR Inc. T/A Ryan Homes