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Article Eight: GENERAL REQUIREMENTS AFTER CONSTRUCTION ................... . <br />8.01 licabili ....................................................... <br />8.02 Mandatory Language in All Subsequent Deeds, Leases and Contracts...... . <br />8.03 Contents of Grant Deed . ........................................... . <br />8.04 Operating Covenants . .............................................. <br />8.05 Progress Reports . ................................................. <br />8.06 CostSavinas ...................................................... <br />Article Nine: SECURITY FINANCING AND RIGHTS OF HOLDERS ..................... . <br />9.01 No Encumbrances Except for Development Purposes .................... . <br />9.02 Holder Not Obligated to Construct ................................... . <br />9.03 Notice of Default and Right to Cure ................................... . <br />9.04 Failure of Holder to Complete Improvements . .......................... . <br />9.05 Holder to be Notified ............................................... . <br />Article Ten: GENERAL PROVISIONS .............................................. . <br />10.01 Notices. Demands and Communications ............................... . <br />10.02 Conflict of Interests ................................................ . <br />10.03 Non-Liability of Agency Officials, Employees and Agents .................. . <br />10.04 Enforced Delav .................................................... <br />10.05 Inspection of Books and Records .............................. ..... . <br />10.06 Provision Not Merged With Deeds .................................... . <br />10.07 Indemnity by Developer . ........................................... . <br />10.08 Liability Insurance ................................................. . <br />10.09 Rights and Remedies Cumulative . ................................... . <br />10.10 Real Estate Commissions ........................................... . <br />10.11 Reasonable Approvals .............................................. <br />10.12 Applicable Law . ................................................... <br />10.13 Severabili ...................................................... <br />10.14 Legal Actions .................................... ................ <br />10.15 Binding Effect .................................................... . <br />10.16 Parties Not Co-Venturers ........................................... . <br />10.17 Warranties ........................................................ <br />10.18 Time is of the Essence ............................................. . <br />10.19 Complete Understanding of the Parties ................................ . <br />10.20 Good Faith ........................................................ <br />Exhibit A: Property Description <br />Exhibit B: Site Plan <br />Exhibit C: Promissory Note <br />Exhibit D: Deed of Trust - - <br />Exhibit E: Grant Deed <br />Exhibit F: Additional Operating Covenants <br />14 <br />14 <br />14 <br />15 <br />15 <br />18 <br />18 <br />18 <br />18 <br />18 <br />19 <br />19 <br />19 <br />19 <br />19 <br />20 <br />20 <br />20 <br />21 <br />21 <br />21 <br />22 <br />23 <br />23 <br />23 <br />23 <br />23 <br />23 <br />24 <br />24 <br />24 <br />25 <br />25 <br />25 <br />~~ <br />