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Developer retains its respective legator equ1table mterst Ulf, ropey and}reazns frilly p responsible hereunder No Mo ortgaged pursuant tcz tf� �nYk°6� �sh' le� ai t � tecei�r any notice under this Agreement unless el�i!y�y�er oM 3_ s � ........a3Y �`"`� tkl�,e[i.51' A nest to Count =fors eh notice to a A��■,fie; w r t- � ' _ , ; f Persdms to receive;notices on beltat'orst ich'I 4 Y� 1 rS 3 G t 1 s : 5 suer;Persoras specf3n the applxc�r4lte sec# ci � '� aaa'� w �liv The�,ilure of a 1Vlortg�agee{over thah a 1��.ZV �� Coucty, or the failure ofCount" toEsend such n ` e'U of thi's AgreemenYto the`Property or the rtgitsof tier b r ,� � � i a t i z t 1.6:5.A. 1~oreclosure under a Mortgage,deed Irl lieu" fiO N Qs re or sale following foreclosure or deed rn heu of.foreclosure is pern rtted'With6vt t ie,eQrisent of the` County;provided, however, that unless and until the.40100f,of any Mortgage or any sueessor thereto following foreclosure shallcomply'wrth and satrsfy the`regiuremen#5 ofSecttons L6.4 1.6.4,A. and 1,6A.B. hereof and be'approved by County as a I�M)MI A4 Assignee following its acquisition of all or a portion of the Property, such holder of any Mortgage or,any: successor thereto following foreclosure shall not be en#stied tv the benefits ofthts Agreement acid shall not have any standing or rights to enforce the provisions of this:Agreeiuent, i clutd ng.-but .. not limited to Sections 2., 3. and 5. hereof, but shall-otherwise be boind:by all:ofthe terms and conditions of this Agreement, including the terms and conditions of the Existrng Approval's. which pertain to the Property or such portion thereof in which it holds an interest. Any such holder or successor who comes into possession of the Property, or any portion thereof, pursuant to foreclosure of the Mortgage or a deed in lieu of foreclosure, or sale following foreclosure or deed in lieu of foreclosure, shall take the Property, or such portion thereof, subject to any claims for payments or charges against the Property or such portion thereof, which accrue under this Agreement or the Existing Approvals prior to the time such holder or successor comes into 1! possession of the Property or such portion thereof. Nothing in this Agreement shall be deemed or construed to permit or authorize any such holder or successor to devote the Property, or any portion thereof, to any uses,or to construct any improvements thereon, other than those uses and improvements provided for or authorized by the Existing Approvals and this Agreement, subject to all of the terms and conditions of this Agreement. M , t t.6.6. The County shall administer the provisions of this Section 1.6 through its Community Development Director or his or her designee. The Developer shall notify the Community Development Director in writing pursuant to this Section 1.6. of its request for County consent to any sale, assignment or transfer under this Section 1.6 requiring such consent, together with supporting information in satisfaction of the conditions set forth in subsection 1.6.4., above, together with a clear statement contained in a separate paragraph in bold capitalized letters that if the County does not act upon such request within thirty(30) days, the request shall be deemed approved pursuant to the provisions of this Section 1.6.6. The Developer shall promptly furnish such additional information as the Community Development Director or any designee may reasonably request and the County shall proceed to consider and act upon the W02-SRFM61481145.2 —21— I