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Developer retains its respective legal or equitable interf;i§. i i p ProAe y and re�na ns fully <br /> 1 A <br /> resporsibie:hereunder No Mortgaged pursuant to t����t� °k_6`� � ll �"� ����° � �e�`��tvt; <br /> any notice under this Agreement un ess Del er,o , <br /> % 5 y - �', M E�'���p t.�2J - <br /> _ A <br /> ttst to Count form ch notice to a giveslum W wtH <br /> F is m to recerve iibtt�s on b hal 'of s clt I o �� <br /> such ' pIRA, e secfi � <br /> The failure of a E� <br /> Mor gager(_6 e <br /> County, or Ithe failure ofvutty to Send such h9 �' m "vY r i <br /> W, e�� G <br /> of this Agreement to the_Property or the nghts of t =ountyr �l _ _ ' <br /> d h <br /> _ t A ri Z <br /> 1,6.5.A. Foreclosure under a Mdrt a <br /> e <br /> e, <br /> g g ded in c '�O. forec osaCre or <br /> sale following foreclosure or deed in'lieu of foreclosure isPperrnktt,�d�rithdt tli�ercotisent of the <br /> County; provided, however, that unless and Until the holder of arty Mo tgage?4r any successor-' <br /> thereto Following'foreclosure shall`comply with and satisfy the requiremcnta of�S mons <br /> n <br /> 1.6.4.1.6.4.A. and 1.6.4:8. hereof andbe approved by Cot tlty asra-ecogm,2 Assignee <br /> following its acquisition of all or a portion of the Property, srch holder of any Mortgage or airy.. <br /> successor thereto following foreclosure shall not bid'enhtled to the benefits v this Agreement and>' <br /> shall not have any standing or rights to enforce the provisions of this Agrecn ent,:iricludiog butt i <br /> not limited to Sections 2., 3. and 5. hereof, but shall otherwise be bottnd by all`of the terms and ' <br /> conditions of this Agreement, including the terms and conditions of theExisting Approvals # <br /> which pertain to the Property or such portion thereof in which it holds an.interest Any such <br /> holder or successor who comes into possession of the Property, or any portion.thereof,pursuant <br /> to foreclosure of the Mortgage or a deed in lieu of foreclosure, or sale following foreclosure or <br /> deed in lieu of foreclosure, shall take the Property, or such portion thereof, subject to any claims <br /> for payments or charges against the Property or such portion thereof, which accrue under this <br /> Agreement or the Existing Approvals prior to the time such holder or successor comes into r <br /> possession of the Property or such portion thereof. Nothing in this Agreement shall be deemed or <br /> construed to permit or authorize any such holder or successor to devote the Property, or any <br /> portion thereof, to any uses, or to construct any improvements thereon, other than those uses and <br /> improvements provided for or authorized by the Existing Approvals and this Agreement, subject <br /> to all of the terms and conditions of this Agreement. <br /> 1 <br /> 1.6.6. The County shall administer the provisions of this Section 1.6 through its <br /> Community Development Director or his or her designee. The Developer shall notify the <br /> Community Development Director in writing pursuant to this Section 1.6. of its request for <br /> County consent to any sale, assignment or transfer under this Section 1.6 requiring such consent, <br /> together with supporting information in satisfaction of the conditions set forth in subsection <br /> 1.6.4., above, together with a clear statement contained in a separate paragraph in bold <br /> capitalized letters that if the County does not act upon such request within thirty(30) days, the <br /> request shall be deemed approved pursuant to the provisions of this Section 1.6.6. The Developer <br /> shall promptly furnish such additional information as the Community Development Director or <br /> any designee may reasonably request and the County shall proceed to consider and act upon the <br /> woe-sr-FPD%GIasi[as.z -21- <br />