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of Claim of Lien against the Landscape Easement Area. A duly recorded and valid Claim of <br />Lien shall constitute a lien upon the fee estate of the Landscape Easement Area; provided, <br />however, that such lien shall at all times be subject and subordinate to, and shall not invalidate or <br />impair in any manner the priority or validity of, (i) all taxes, bonds, assessments, and other levies <br />against the Landscape Easement Area, (ii) the lien or charge of any mortgage, deed of trust, or <br />other security interest then of record, (iii) any lease or sublease of all or any portion of the <br />Landscape Easement Area, whether or not of record and whether entered into before or after the <br />date of recordation of the Claim of Lien, (iv) the Declaration, and (v) any easement, public or <br />private, affecting all or any portion of the Landscape Easement Area. Except as set forth herein, <br />the priority of any such Claim of Lien shall date from the date of valid recordation thereof. <br /> <br /> 8.4. Mortgagee Protection. Upon foreclosure of any mortgage or deed of trust, <br />by judicial foreclosure or power of sale, or upon transfer of a Landscape Easement Area by deed <br />in lieu of foreclosure, the transferee shall take title to the Landscape Easement Area free and <br />clear of any such lien and shall have no obligation to reimburse the City for any amount due to <br />the City in regard to such lien. Notwithstanding the extinguishment of any such lien pursuant to <br />this Section, the amount due to the City in regard to such lien shall continue to be an unsecured <br />personal obligation of the owner of the Landscape Easement Area at the time of recordation of <br />the Claim of Lien, but not an obligation, secured or unsecured, of the transferee. <br /> <br /> 9. Estoppel Certificates. Upon the written request of Declarant, or any owner or <br />mortgagee of all or any portion of Declarant's Property, the City shall provide a written <br />statement certifying stating (i) that there are no uncured defaults hereunder by Declarant, or any <br />act or event which, with the giving of notice and/or the passage of time, would constitute a <br />default hereunder, (ii) that there are no unsatisfied Claims of Lien affecting all or any portion of <br />the Landscape Easement Area, and (iii) that this Agreement remains in full force and effect <br />without modification. If the City is unable to so certify as to any such matter(s), its written <br />statement shall set forth in reasonable detail the position of the City with respect to any such <br />matter(s). In the event that the City fails to provide such written statement within twenty (20) <br />days following its receipt of a written request therefor, the City shall be conclusively deemed to <br />have provided such written statement in the form requested by Declarant or such owner. <br /> <br /> 10. Assumption of Obligations; Release. The Declarant to this Agreement is <br />Armstrong Ranch LLC ("Armstrong"). Armstrong intends to convey, among other property, <br />the Landscape Easement Area to the Armstrong Ranch Community Association ("Association"). <br />Upon such conveyance, the Association shall automatically succeed to the rights and obligations <br />of the Declarant under this Agreement and Declarant shall be automatically released from any <br />and all obligations as to the Landscape Easement Area that accrue under this Agreement from <br />and after the close of escrow for the conveyance of the Landscape Easement Area. <br /> <br /> lt. Insurance. So long as Declarant is performing the maintenance obligations <br />hereunder, Declarant shall arrange for and maintain in effect a policy or policies of insurance <br />providing for (i) workers' compensation insurance in form and in such amounts as comply with <br />applicable state law, and (ii) commercial general liability insurance with a combined single limit <br />of not less than one million dollars ($1,000,000). Such policy or policies shall include an <br />endorsement naming the City as an additional insured thereunder. In the event that Declarant <br />elects to perform the maintenance obligation hereunder through the services of one or more <br /> <br />ALR3 50~30265~OOO~AGRMTx485800~3 <br /> 05/01/03 <br /> <br /> <br />