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XI. Recordation <br />The Developer and the City agree to permit recordation of this Inclusionary <br />Housing Agreement, against the Property in the Office of the County Recorder of <br />Orange County, California. The legal description for the Property is provided in <br />Exhibit 1 to this Inclusionary Housing Agreement. <br />XII. Termination <br />Except as set forth elsewhere, this Inclusionary Housing Agreement shall be <br />terminated after payment of in -lieu fee to City, which shall occur prior to <br />Developer obtaining its first building permit. <br />Upon the termination of this Inclusionary Housing Agreement, the Developer <br />shall have no further obligations or liability hereunder. The City and the <br />Developer agree to promptly execute, acknowledge and deliver for recordation <br />any documents that may be necessary to remove this Inclusionary Housing <br />Agreement as an encumbrance against title to any portion of the Property. <br />Inclusionary Housing Agreement - In -Lieu Fee Payment Page 14 <br />City of Santa Ana <br />25D-19 <br />