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particularly for development of for sale affordable housing, and not for speculation in <br />undeveloped land. <br />506. Acceptance of Service of Progress. In the event that any legal action is <br />commenced by the Developer against the Agency, service of process on the Agency shall be <br />made by personal service upon the Executive Director of the Agency or in such other manner as <br />may be provided bylaw. In the event that any legal action is commenced by the Agency against <br />the Developer, service of process on the Developer shall be made by personal service upon the <br />President of the Developer or in such other manner as may be provided by law. <br />507. Rights and Remedies Are Cumulative. Except as otherwise expressly stated in <br />this Agreement, the rights and remedies of the parties are cumulative, and the exercise by either <br />party of one or more of such right or remedies shall not preclude the exercise by it, at the same or <br />different times, of any other rights or remedies for the same default or any other default by the <br />other party. <br />508. Inaction Not a Waiver of Default. Any failures or delays by either party in <br />asserting any of its rights and remedies as to any Default shall not operate as a waiver of any <br />Default or of any such rights or remedies, or deprive either such party of its right to institute and <br />maintain any actions or proceedings which it may deem necessary to protect, assert or enforce <br />any such rights or remedies. <br />509. Applicable Law. The laws of the State of California shall govern the <br />interpretation and enforcement of this Agreement. <br />600. GENERAL PROVISIONS <br />6004579osv2 34A <br />