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GRANTOR: VALLEY BIBLE CHURCH APN: 941-1311-35-2 PROJECT: JomsON DRIVE ECONOMIc DEVELOPMENT ZONE PROJECT agrees to hold CITY harmless and reimburse CITY for any of its losses and expenses occasioned by reason of any lease of the Permanent Easement and TCE held by a tenant for a period exceeding one month. 12.Release of All Claims. This is intended as a full and complete release of all or any claims that either party has against the other and is in full settlement of any and all such claims and intends to and does hereby release all of said persons,firms,associations and corporations of and from any and all liability of any nature whatsoever for all dams or causes of action including those for all consequences,effects and results of any loss, Injury or damage,whether the same are now ? known or unknown to the undersigned,expeded or unexpected by the undersigned,or have already appeared or developed or may now be latent or may in the future appear or develop. GRANTOR hereby acknowledges that the compensation paid to GRANTOR through this Agreement constitutes the full and complete settlement of any and all claims against the CITY, by reason of CITY's acquisition of the Permanent Easement and TCE,specifically Including, but not limited to,any and off rights aid claims that GRANTOR has, may have,or may in the future have under Article 1,Section 19 of the Ca llfc>mis Constitution,the California Eminent Romain Law,Code of Civil Procedure section 1230.010 ei seq.,or any other law or regulation. The parties acknowledge that they each have been in1brined of and are famaiar with the provisions of California Civil Code Section 1342 which provides: ; "A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that it known by him or her,would have materially affected his or her settlement with the debtor or released party." { Further,the parties mutually waive the provisions of California Civil Code Section 1542,and further i ¢ waive any right they might have to voice sold provisions now or in the future with respect to the ! releases sed out In ttft Agreement The pasties recognize and acknowledge that fetors which have Induced#wn to enter Into this Compromise and Release may turn out to be incorrect or different to what they have previously anticipated,and the parties expressly assume the risks and further expressly assume the risk of this waiver of California Civil Code section 1542. If this Agreement is terminated,this Section shall have no force and effect. 13.Remedies for Bnwh. In the event of a breach of this Agreement by GRANTOR..CITY is entitled to pursue any and all remedies available to it.against GRANTOR,including,without limitation, claims for all damages attributable to GRANTOR's breach,and specific performance e of this Agreement. In the event of a breach of this Agreement by CITY,GRANTOR Is entitled to pursue any and all remedies available to it against CiTY, including,without limitation,dates for all damages attributable to CITY's breach,and specific performance of this Agreement. 14.Miscellaneous. i A. Authority fio Won:Awroval of CITY. GRANTOR aind the signatories represent and warrant that the signatories to this Agreement are authorized to enter into this Agreement to ; convey real property aril that no other authorizations are required to implement this j Agreement on behalf of GRANTOR. GRANTOR understands that this Agreement is subject to the approval of CITY, and this Agreement shall have no effect unless and until the CITY COUNCIL.approves it. B. Counterparts Signature. This Agreement may be executed in counterparts,each of s which shall be an original, but ail counterparts shall constitute one agreement. Page 4 of 4