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Citibank has agreed to provide the necessary financing to Mr. Smith for the purchase of the Stock and the rights under the Lease for the Unit. Please determine the amount of financing Citibank will provide and list the appropriate documents needed to perfect and secure Citibank's loan to Mr. Smith for the purchase and Lease as described above.1. Mr. Smith is purchasing from Mr. Jones(" Seller") the right to lease the Cooperative Apartment Unit #5 (the "Unit") in the building known as the Schack House and the corresponding 100 shares of stock (the "Stock") of the Schack Housing Cooperative Corporation (the "Corporation") allocated to the Unit for One Million Five Hundred Thousand ($1,500,000) Dollars (the "Purchase Price"). Mr. Smith has posted 10% of the Purchase Price in escrow with Seller's attorney, as the good faith deposit (the "Deposit"). The Corporation has also issued a Proprietary Lease for the Unit (the "Lease"). The Corporation permits a shareholder to finance his purchase for up to fifty (50%) percent of the Purchase Price, and Mr. Smith will be seeking financing for that amount. A contract has been executed between Mr. Jones and Mr. Smith. Please list the approvals necessary for Mr. Smith to complete the Purchase and the documents Mr. Smith will receive from the Corporation at Closing