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98 1772 10 <br />within ten days of receiving the notice. If the Agency requires Purchasers to cure <br />more than two defaults within a six-month period, the Agency reserves the right to <br />retain a professional property management company to maintain the Property <br />pursuant to this Maintenance Covenant. Purchasers shall be liable for the costs of <br />the property management company. The Agency shall keep an account of the costs <br />of the property management company and shall request reimbursement from the <br />Purchasers within sixty days of incurring such costs. Purchasers shall reimburse <br />Agency for such costs within sixty days of receiving the invoice. If Purchasers do not <br />reimburse Agency for such costs, the Agency reserves the right to record a Notice of <br />Lien in the office of the County Recorder for the County of Alameda and such costs <br />shall constitute a lien on the Property for the amount of the unpaid costs and from <br />the date of recording shall have the force effect and priority of a judgment lien. <br />6. The terms of this Maintenance Covenant shall run with the land, shall bind <br />any successors of Purchaser, whether such successor's title was acquired by <br />foreclosure, deed in lieu of foreclosure, trustee's sale or otherwise, and shall terminate <br />upon the termination date of the City of San Leandro Plaza I Redevelopment Project. <br />7. All notices required or permitted under this Covenant shall be in writing <br />and shall be deemed to have been duly given or served: (a) upon delivery, if <br />transmitted by personal delivery, overnight courier or telecopier (with hard copy <br />subsequently transmitted by first class mail or other means provided herein); or (b) <br />two days after deposit in the United States Mail, if transmitted by registered or <br />certified mail, postage prepaid, to the address of Purchaser maintained by the <br />Alameda County Recorder as the address of record for the Property. <br />Dated: 5/,?- (, S <br />Redevelopment Agency of the <br />City of San Leandro <br />D bie otter <br />Redevelopment Administrator <br />F:\WPD\CSL\ 136WGREE\LEEKENNY\COVENANT. W 6 I nenne Lee <br />Angela Lee <br />