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disclosu~~e of suli ~natterx the ~e~eoper effects to not close sc~'o~~~~ tliexi tris Agreetrretit and the
<br /> Esero~~ shall allton~atlCall~' tern~ir~ate and rleitl~et' party lrall }]ave any ~i~r~ther riglrts, ob~igatioris or
<br /> l~abfl~tles hereirt~der. Tl~e ~~epresentatior~s and ~~a~~raraties set forth iii this ect~on ~05.~ s~lall srzrvive
<br /> the Clasi~ig,
<br /> ~0~,2 Deg?c~apei;'~ Repr~eserttatia~rs, The Deve}apes repx~eset~ts at~d ~~arr~a~~ts to
<br /> the Agency as fallo~~s;
<br /> ~a~ ~4~~~ho~~rt~~, Tlie developer is a d~~ly o~~g~~ized Califax~nia lin~itcd
<br /> liability company acid is arrtliorrzed to da b~~srtiess and rs lti good standt~i~ ~1~ider the laws oft}~e
<br /> State off` Califarriiaa The copies aft}~e dacr~naex~t evider~cir~ tl~e arkanizatiorl of the I]evelaper
<br /> ~vlircli lia~~e beers delrvered to the Ageticy a~'e t~'~ze acid ca~r~plete copies of the originals,
<br /> arrrended to the Date of Agreement. Tl~e l~evelaper has f~xll right, pa~~er grid la~~rf
<br /> ul a~~tlrori~y to
<br /> accept tl~e Can~cyance of tl~c Site and utidertal~e all abligatioris as provrde~ Herein and the
<br /> cxecr~tio~~~ pez•fa~~~r~a~ce at~d delivery of this Agrce~nent by the Developer' has heed fully
<br /> authorized b~; all r'equlsrte actlaris on the part of the Developer,
<br /> ~b~ ~~~e~~~tertce, The Developer for its riitiagiiig t11~Iiib~r~ is a~i
<br /> experienced develape~~ a~ ~~eside~~tial pra~ects similar i~~ sizes scope, and ualit~~ to the De~Feloper'
<br /> ~~I~p~'oVe~~lents to ~{Jl~tl'~4AIt~~ ~~~F•~L~~4~t to t~~ 1 71~+~~~~~~~~.
<br /> ~c~ o Co~`~c~, Ta the best of the Developer+' knowledge, tl~e
<br /> I)e~relaper~s execution, delivery acid per4fartilarice of its obliatiori wider this Agreenierit gill
<br /> not ca~istit~rte a defau}t o~~ a brcacli wider a~ly cont~iact, areerilerit or' order to 4~~liicli the
<br /> Deveiaper is a party or by ~vilich it is bo~znd,
<br /> ~ ~er~e~n~e~~ ~cr~~~~~~c}~, I~e~elaperi is riot t}le s~~bject of a
<br /> baril~r~uptcy pr'aceedir~g.
<br /> {e} ~~tt~~~rc~~tc~ x~~i~~~ .~arr~s, The De~elaper ~varr'arits and represents
<br /> ti~at it will carry o~~t the developtr~erit of tl~e Site in canfor~r~ sty with all o~ernn~cnta l
<br /> Re~uiremerits, i~YCluding, ~vltlla~~t lrrilrtatlori, all applicable state acid federal labar~ sta~idards a~~d
<br /> regrlir'ements, tl~e City zoning and developrilent standards, burldrrig, plurnbirig, rneclianical and
<br /> elect~~ical codes, acid all otl~er~ provisio~~s of tl~e Cit~~'s ll~iu~~icrpal Cade, and all applicable
<br /> disabled acid lia~idicapped access requireti~etits~ inc}tiding ~~ithar~t lin~itatiot~ tl~e An~ericat~s kith
<br /> I)rsabrl~tres Act, 42 U,,. Sectiori l~~a~, e~ ~~e~,, Coverriinetit Code ectiori ~~a, serf.,
<br /> a~ert~t~e~it Cade ectior~ 1115, ser~~, and the Urirr~li Civil I~ilits Act, Civil Code
<br /> ectiari 1, e~ s~~.
<br /> Ilritil the Clasiri, the Developer shall, upori lear'riing of atiy fact or condition
<br /> ~~lircli ~vauld cairsc any of the ~~arr~anties acid r'epreseritatroris rri tlirs Sectrori ~a,2 riot to be tr~~e
<br /> as of Closing, iri~rnediately give ~~vr'itteti riotice of s~rch fact or cot~ditiat~ to tl~e Agency. Such
<br /> exceptiot~~s~ to a represcntatia~i sl~all not be deeriled a breach by the Developer' liere~~rider, but
<br /> shall constitute ari exceptloti ~vhrch the Agency shall have a rigl~t to approve ar disappro~o if
<br /> s~~cli exceptrori ~vo~rld Have an effect on the val~~e aiidfar• apes;atio~i a~ the Sate ~f tine Agetlcy
<br /> elects to close ~scro~~ following disclosure of such irifarri~atiari, the Developer's r'epreseritatioris
<br /> and ~varra~nties ca~~tai~~ed herein sl~all be deemed to leave been r~lade as of the Ceasing, subject to
<br /> s~~cli ea~ception~s~, If, following the disclas~u~e of s~~ch infortatia~~, the Agency elects to not
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<br /> ~OCOCI~~OOb734~ 13~~00272-000 ~
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