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5.1.2 After hon of 664hey�3Uj day per�vd �f such default has <br /> notfheen cured or is not be�[tg duce # cuk !rne ri� rt�fc the tol�ce 'tfot er <br /> `. t4 <br /> -this <br /> A.x <br /> arty , gredirient 32ra�njY rkptigi " # rt �a � � it�suano t s Age erne t �b <br /> sf yf� �C,.d, �4 <br /> 1 --. tat9F.P€" .� +{• 4 YT-T 45 "Y` S�,+5'C'a. Z FL`,,�`J�,i{' d T .,,Lrl �r r^.P1` <br /> )!Y1 - 4:Sv i�. 5 -�Fh Y S 1. >' <br /> or a notice of rr teat to terrn $� � l�f ;�.Hgrp fg <br /> aS tOTL`PaCty li3 deflttORM <br /> (o [t l <br /> z'.q t <br /> O � Properxy Or [1 / # Y � VOW <br /> tQ te�Pv�Ul�e1dAkEe�f +r� Fy <br /> k� L� j y, <br /> „ - >G Y , a �L 'E J K 4rA <br /> he[ ts�, and to a[�y 1VloaQiccery Ec�reoulb ' rch1€a �+a1 <br /> 1 �r ,, a = , <br /> thtDsvelo er or such Mort eeas ki S r e}1 sr d s r ! <br /> p -w OZ. <br /> r °;a �3 r e sr , F � <br /> proded the County with tie na[tie3nd address�tc zvl>te � ces are 4ta�be st as + uir ht <br /> Secttn 1 G 5 hereof, and prgld; e , aiYui[reynnli'tyo$[ve�`suc ' ofi<c s ' <br /> not ware or trivalidate ounty''s remedies hereunder pito rded that sriehhohc�es sha Mlle give; to <br /> such Peisons entitled4heretorpr or to;fhe exercrse ofremedres afreetxng the inferests ofsiieh <br /> Persons: <br /> 5.1.3: Evidence of defatr[t may also apse tri the course of a regularly scheduled <br /> periodic review of this Agreeipentpusuarit to provisions,6f", ection 4;hereof and the <br /> Development Agreement Regulations. If the County determines that the I)eveloper.is M default <br /> following the completion of the°scheduled-penodte regrew, the Comity may give the Developer <br /> written notice pursuant to this Section 5.1 specifying in said notice the alleged nature.of the <br /> default and potential actions to cure said default where appropriate..If the alleged"default is not <br /> cured or is not being diligently cured within thirty(30)days or within such longer period <br /> specified in the notice, or the Developer.waives its right to cure such alleged default,County <br /> may pursue its remedies hereunder or terminate this.Agreement in the manner provided in <br /> Section 5.2. hereof, <br /> r <br /> i <br /> 5.2. Developer Default; County_Remedies. In the event Developer is in <br /> default under the terms of this Agreement, County shall have the right to exercise any <br /> of the following remedies: <br /> 5.2.1. To waive in its sole and absolute discretion such default as not material; <br /> 5.2.2. To refuse processing of an application for, or the granting of any permit, <br /> approval or other-land use entitlement for, development or construction of the Property or <br /> portion thereof owned or controlled by Developer, including but not limited to, but only to the <br /> extent required to protect the interests of the County with respect to the particular default, the <br /> withholding of grading, excavation and building permits until such time that the default is cured <br /> and the project is in compliance with the terms of this Agreement; <br /> 5.2.3. To pursue legal remedies provided-for in Section 5.5. hereof; <br /> 5.2.4. To terminate this Agreement as provided in Section 5.7. hereof; <br /> 5.2.5... To delay or suspend County performance under the Existing Approvals or <br /> this Agreement which is delayed or precluded by the default of Developer; <br /> W02-SF:FPM61481 145.2 -43- <br /> M <br />