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Il?e City grants witterz consent to transfer tha rights. Not shalt the rights of Nexus or Genova <br />Commons hereunder be subject to assignment by attachment, execution, or proceedings under <br />any provision of the Banktuptcy Act, and tiny such assignment or transfer shall be wholly void <br />and of no force and effect unless such written consent thereto bo obtained from tho City Counnil. <br />'Such transfer or assignment shalt not relieve Nexus or geneva Commons of any duty, obligation <br />or )lability to City without the eonsont of the City. <br />During the term of this Agreement, any approved assignee or transferee of the <br />rights under this Agreement shall observe and perform all of the duties an([ obligations of Nexus <br />or Gcneva Commons contained itx this Agreement as such duties and obligations pertain to the <br />Nexus or Geneva.Commons. Any and all approved successors and assignees ofNexus or <br />Oetteva Commons shall have, all of the satno rights, benofits, duties, obligations, and liabilities of <br />Nexus or Geneva Commons under Oils Agreement; If the Property is subdivided, any subdivided <br />parcel may be sold, mortgaged, hypotitecated, assigned, or transferred to persons for <br />development by them. Bison assignment or transfer of the, rights of Nexus or Geneva Commons <br />under this Agreement, the obligations of the assignor and the transferee or assignor shall be joint <br />and several. <br />IN WITNESS WHEREOF, Otte parties hereto have executed this Agrcoweitt the elate slid <br />year first above writien, <br />SANDPOINTB NEIGHBORHOOD, <br />ASSOCIATION, INC. <br />By .,.. <br />Name <br />Its <br />NEXUS DBVELOPWNT CORPORATIONI <br />Cl?NTRAL DIVISION, INC. <br />By -©e. --?. <br />Nance <br />Its <br />0(dinance No. NS•2080 12 <br />Paga 42 of 61