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Table of Contents (continued) Page 5.2.7 Timing of Development ................................................................................14 5.2.8 Development Impact Fees ............................................................................14 5.3 Coop era tiv e Agreement ......... .............................................. ........... ..........................14 6. ANNUAL RE VIE W . ..............................................................................................................14 6.1 City and Owner Respo nsibilities ..............................................................................14 6.2 Revi ew Letter ......... ................... ........................................... .............. ............ ............15 6.3 Failure of Periodic Review ........................................................................................15 7.1 7. D EF A UL T. .............................................................................................................................15 7.2 7.3 7.5 7.6 7.7 7.8 7.9 7.10 E vents of Defa ult by Owner ......................................................................................15 7.1.2 Events of Default by City .............................................................................15 Procedure u po n Breach ............................. ..... ... ......... ..... ................ ............ .............16 T ermina ti 0 n................ ................ ..... ................. ... .... .... .................... ............ .............. .16 Institutio n of Legal Actio n ........................................................................................16 M ul tip Ie Own ers ............... ..................................................... ........... .........................16 Al tern a tiv e Dis p u te Reso I u ti 0 n ........... .............................. ............ ...........................1 7 Interim Relief .......... .... ................. ................................... ........... .................. ..............18 Entitlements Survive T ermination...........................................................................18 MiscellaD eo us. ..................... ....................... ......................... ............... ................ ........18 8. M 0 R TG AGEE PROTECTI ON S .........................................................................................18 8.1 Right to Owner IN oticelMultiple Mortgagees ..........................................................18 8.2 Notice of Breach to Mortgagee or Deed of Trust Holders; Right to Cure ...........18 8.3 Mortgagee Not Obligated Under the Agreement....................................................19 8.4 No Lia b ili ty .................... .......................... .............................. .................. ................. .19 8.5 No Amendment or T ermination ...............................................................................19 8.6 Co ndemna tio nor Insurance Proceeds.....................................................................19 8.7 Title by F oreclosure...................................................................................................19 8.8 Del ega ti 0 n to M 0 rtga gee..... .......................................... .................. ........... ...............19 8.9 No Obligation to Cure ...............................................................................................20 8.1 0 Sep ara te Agreem en t ........ .............................................................. ............... .............20 8.11 E stoppel C ertifi ca te ....... .................. ......................................... ............ .....................20 8.12 Conflicts ............. ......... ............................... ............................... ............. .....................20 9 . MISCELLANEOUS PRO VISI ON S.....................................................................................20 9.1 Rul es of Cons tru cti 0 n ............. ................................. .............. .......... ..........................2 0 9.2 Entire Agreement, Waivers and Amendments .......................................................20 9.3 Project as a Private U ndertaking .............................................................................21 9.4 IDCO rporation of Recitals ..........................................................................................21 9.5 Cap ti 0 ns ............................ ..................... ............................ ............... .............. ............21 9.6 Co nsen t ............................ ......................... ..................... ................... ..........................21