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<br />4.5 Rescission of County Approvals .................................................................................23 <br /> <br />ARTICLE 5. DEFAULTS, REMEDIES, TERMINATION, DISPUTE RESOLUTION.............24 <br /> <br />5.1 Breach ..........................................................................................................................24 <br />5.2 Notice of Breach ..........................................................................................................24 <br />5.3 Remedies for Breach....................................................................................................24 <br />5.4 Tennination in Event of Breach ..................................................................................24 <br /> <br />5.5 Legal Actions...............................................................................................................25 <br />5.6 Resolution of Disputes Regarding Application of Existing Standards or <br />Regarding Compliance with the Master Map/Building Permit Schedule ...................25 <br />5.7 Applicable Law/Attorneys' Fees..................................................................................26 <br />5.8 Release and Indemnity .................................................................................................26 <br /> <br />ARTICLE 6. AMENDMENTS AND TERMINATION ...............................................................27 <br />6.1 Amendment and Termination......................................................................................27 <br /> <br />6.2 Operating Memoranda .................................................................................................27 <br />6.3 Project Approvals ........................................................................................................27 <br />6.4 Annual Review ............................................................................................................27 <br />6.5 Permitted Delays..........................................................................................................27 <br />6.6 Development Agreement Legislation ..........................................................................28 <br /> <br />ARTICLE 7. EMINENT DOMAIN POWERS; ACTIONS OF OTHER AGENCIES ................28 <br /> <br />7.1 Cooperation of City .....................................................................................................28 <br />7.2 Project Modifications Due to Actions of Other Agencies...........................................28 <br /> <br />ARTICLE 8. TRANSFERS AND ASSIGNMENTS ....................................................................29 <br /> <br />8.1 Right to Assign ............................................................................................................29 <br />8.2 Performance of Obligations Upon Assignment...........................................................29 <br /> <br />8.3 Release Upon Transfer ................................................................................................29 <br />8.4 Segregation of Obligations .......................................................... ... .............................30 <br />8.5 Scope of Article 8 ........................................................................................................30 <br /> <br />ARTICLE 9. COVENANTS RUN WITH THE LAND................................................................30 <br />9.1 Covenants Run with the Land......................................................................................30 <br />9.2 Priority of Development Agreement ...........................................................................31 <br /> <br />9.3 Survival of Provisions ............................... ........... .......................................................31 <br /> <br />ARTICLE 10. MORTGAGE PROTECTION: CERTAIN RIGHTS OF CURE .........................31 <br />10.1 Property Owner's Right to Mortgage...........................................................................31 <br />10.2 Notice to City of Mortgage................................................................................... .......31 <br />10.3 Mortgagee Not Obligated to Construct........................................................................32 <br /> <br />10.4 Notice of Breach ...................... ........... ....... ................ ........................ ..........................32 <br />10.5 Mortgagee's Right to Cure Defaults by Project Sponsor.............................................32 <br />10.6 Multiple Mortgagees....................................................................................................33 <br /> <br />10.7 Definitions .................................. ............................. ... .................. ...............................33 <br /> <br />ARTICLE 11. GENERAL PROVISIONS ....................................................................................34 <br /> <br />35690/849375v14 <br /> <br />-ii- <br /> <br />08125100 <br />