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41 <br /> <br />or any portion thereof, and shall benefit the Developer Acquired Property hereunder, and each <br />other person or entity succeeding to an interest in such Developer Acquired Property. <br />9.4. Notice of Compliance Generally. Either Party may, at any time, and from time to <br />time, deliver written notice to the other Party requesting such Party to certify in writing that, to <br />the knowledge of the certifying Party, (a) this Agreement is in full force and effect and a binding <br />obligation of the Parties, (b) this Agreement has not been amended or modified either orally or in <br />writing, and if so amended, identifying the amendments, (c) the requesting Party is not in Default <br />in the performance of its obligations under this Agreement, or if in Default, to describe therein <br />the nature and amount of any such Default; and (d) such other information as may reasonably be <br />requested. A Party receiving a request hereunder shall execute and return such certificate within <br />forty-five (45) days following the receipt thereof. In the event that the Party receiving the <br />request hereunder fails to return such certificate within forty-five (45) days, the requesting party <br />may commence the default procedures described in Section 7.1. The Community Development <br />Director shall have the right to execute any certificate requested by Developer hereunder. <br />Developer shall have the right at Developer's sole discretion, to record the Notice of Compliance. <br />ARTICLE X <br />MORTGAGEE PROTECTION; CERTAIN RIGHTS OF CURE <br />10.1. Mortgagee Protection. This Agreement shall not prevent or limit Developer in any <br />manner, at Developer’s sole discretion, from encumbering the Developer Acquired Property or <br />any portion thereof or any improvement thereon by any mortgage, deed of trust or other security <br />device securing financing with respect to the Developer Acquired Property (“Mortgage”). This <br />Development Agreement shall be superior and senior to any lien placed upon the Developer <br />Acquired Property or any portion thereof after the date of recording this Development <br />Agreement, including the lien of any Mortgage. Notwithstanding the foregoing, no breach <br />hereof shall defeat, render invalid, diminish or impair the lien of any Mortgage made in good <br />faith and for value, but all of the terms and conditions contained in this Development Agreement <br />shall be binding upon and effective against and inure to the benefit of any person or entity, <br />including any deed of trust beneficiary or mortgagee (“Mortgagee”) who acquires title to the <br />Developer Acquired Property, or any portion thereof, by foreclosure, trustee’s sale, deed in lieu <br />of foreclosure, or otherwise. <br />10.2. Mortgagee Not Obligated. Notwithstanding the provisions of Section 10.1 above, <br />no Mortgagee shall have any obligation or duty under this Development Agreement to perform <br />Developer’s obligations or other affirmative covenants of Developer hereunder; provided, <br />however, that a Mortgagee shall not be entitled to devote the Developer Acquired Property to <br />any uses or to construct any improvements thereon other than those uses or improvements <br />provided for or authorized by this Development Agreement, or by the Project Approvals and <br />Applicable Rules. <br />10.3. Notice of Default to Mortgagee; Right of Mortgagee to Cure. If City receives a <br />notice from a Mortgagee requesting a copy of any Notice of Default given to Developer <br />hereunder and specifying the address for service thereof, then City shall deliver to such <br />Mortgagee, concurrently with service thereon to Developer, any notice given to Developer with <br />respect to any claim by City that Developer has committed a default, and if City makes a