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<br />" <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />Participant shall be in default under this Agreement and <br /> <br />Agency shall be entitled to exercise any of the rights and <br /> <br />remedies available to Agency without any requirement of <br /> <br />notice of default by Agency to Participant and without any <br /> <br />right of Participant to cure, correct or remedy such <br /> <br />default. <br /> <br />In the event of such default, Agency's remedies <br /> <br />shall be limited to the damages set forth in Section V,D. <br /> <br />2(c), provided Participant tenders conveyance to Agency of <br /> <br />the parcel spec~fied in Section V.D. 2(b)." <br /> <br />5 . <br /> <br />Paragraph 2 of Section V.D. of the <br /> <br />Participation Agreement is hereby amended to read as <br /> <br />follows: <br /> <br />"2. <br /> <br />Termination by Agency <br /> <br />U (a) <br /> <br />In the event that prior to conveyance of <br /> <br />title to the Sales Parcel: <br /> <br />( i) <br /> <br />Participant, or any successor in <br /> <br />interest assigns or attempts to assign this agree- <br /> <br />ment or any rights herein, without written consent <br /> <br />of Agency; or <br /> <br />(ii) <br /> <br />There is a substantial change in <br /> <br />ownership of Participant, contrary to the <br /> <br />provisions of Section I.A. hereof; or <br /> <br />( iii) <br /> <br />Participant does not submit con- <br /> <br />struction drawings and related documents as <br /> <br />required by this agreement in satisfactory <br /> <br />form or in the manner or by the dates provided <br /> <br />in this agreement; <br /> <br />then Agency's obligations under this agreement, and any or <br />J <br />all rights of Participant or ~ts successors in interest <br /> <br />therein may, at the option of Agency, be terminated by <br /> <br />Agency. <br /> <br />4. <br /> <br />13~ <br /> <br />4A- <br />