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~estr~ction shall be ga~el'ned by the la~vs of the State of Califar~ria, Any legal action brought
<br /> under' this declaration rn~zst be ins~i~uted irr the Superior Co~~i~t of tl~e County of grange, state of
<br /> Califor•rria, or' irr the Federal District Coul't itr the Central District, Santa Alga Division,
<br /> 15, ~tl~~eltltll~~Catlorz~ Homebuyer shall pay far', defend, 1I~C~emnrfy a~ld gold harmless
<br /> Agel~cy acrd the City and their respective officers, ot~ici~ls, aerrts, employees, represet~tati~~es,
<br /> acrd ~ol~~r~teers from and agail~st any lass, liability, claim, or judgrt~ent relating alry manner to
<br /> Homebuyer's use of the Property or Horneb~~yer''s violation of
<br /> ~l7is restriction, Ho~nehu~e~' ~lrall
<br /> remain f~~lly obligated fol' the payrnerrt of taxes, liens acrd assessments related to the Property,
<br /> There shall be rro red~ltion in taxes far Hotnebuyer, rror airy trat~fer of respansibil~ty to Agerrcy
<br /> to lnake srrclr payr~el]t, by ~rrtue of tl~ls estr'rctrorr,
<br /> ~.G~ I~rs~irarree, Homebuyer shall lnaintairr, dur~lag the term of this estrrctlo~r, an
<br /> all-risk property insurance po~cy insr~r'ing the Property trr air amount eq~lal to tl~e fill
<br /> l~eplacernerlt rral~~e of the str~~ctures ol~ fhe Property, The policy shall contairr a statelnent of
<br /> obligation on behalf of t~~e carrier to ~rotify the Agency al~y lna~er'ial change, catrcellatiorr or
<br /> termrrrat~~ll Of co~el'age at least thirty ~3a~ days lIl ad~arrce of tl~e effective date of such material
<br /> change, cancellation or' ter~nirratton. Homebuyel~ shall transmit a copy of the certificate of
<br /> insurance to Agency ~v~thin tlr~rty ~0~ days of tlxe effective date of this Restricti~l~, alyd
<br /> ~~o~nebuyer shall a~rrr~zally transmit to Agetrcy a copy of the cel+tificate of insurance, signed by arr
<br /> author'i~ed agent of the insrzt'al~ce carrier settil~g forth the e~~e~~al provisions of coverage, Tire
<br /> copy of the ce~'tificate of inst~rance shall be tratrs~~nitted to Ae~rcy at the address set fot'th itr
<br /> Section 24 hereof, The form, co~atent alyd iss~~er of any certrf
<br /> irate of lnsurarrce approved by
<br /> Agency,
<br /> 1'~, ~eau~ts~ l~ai~ul+e ar delay by either party to perform any term or' ~a~oviia~r oftlris
<br /> ~estrrctlarr ~~lrlcl~ is Prot cured 4'~lt~~ll~ tl~lr'ty ~3~~ days after recerpt trot€ce fr'orn the oti~el' party
<br /> co~~stitutes a defa~~lt under' this Restliictio~r; provided, ho~~ever', that if such defa~~lt is of the
<br /> nat«re ~'equiring snore ti~an thirty ~30~ days to cure the defaulti~~ party shall avoid default
<br /> here~~ndel' by cornmenclrr to cure ~~Frtlritr st~cix tlrlrty X30} day period, acrd tlrereaffer diltgerrtly
<br /> pru~suing s~zch cure to carnpletlolr, The party ~~~lro so fails on delays must in~tnediately cal~lnence
<br /> to cr~re, correct or rerr~ey such failr~re ar delay, acrd shall complete sr~ch cure, cot'rection or
<br /> remedy ~~ith dilie~rcc, The injured party shall i4Fe ~vr{itte~~ notice of defa~~it to tl~e party itr
<br /> ~lefault~ specifying the default cor~plai~red of by tl~e inj~~red party, except as r'e~~il~ed to protect
<br /> against further' da~r~ages~ the ~n~~z~~ed party may trot llltltute pl'oeeedlt~gs agalnst the party In
<br /> defar~lt r~trtil thirty days after giving such naticc, Failure ar' delay lrr lvln such notice shall
<br /> Trot coirstitr~te a ~vatvei' of any default, noi' shall it change the tine of default,
<br /> 18, ~ar~-a~~~er, failure to exercise any right Agency irray l~a~e or' be entitled ta, in
<br /> tl~e event of defar~lt l~er'eunder', shall riot constit~~te a v~ai~er of such r{fight ol• alry athei' right i~~ tl~e
<br /> event of a sribsegtieirt default,
<br /> 19, ~urf~te~, Assur•airce. Hornebuyer shall execute airy fi~i~tl~er dacr~~neirts consistent
<br /> ~vitlr tine terms of
<br /> this restriction, i~rcl~rdi~ag dacr~tnerrts i~r reca~4dable farm, as ,er~cy shall fi'oln
<br /> time to time find irecessat'y or appropriate to effect~~ate its pur+poses iir e~~teliing into this
<br /> esti'l~tlarl,
<br /> ~H~B ~T D« 14 T~ ATTACH N~~NT N0, ~ ~
<br /> Affordable Ho~~sin resale ~estr~ction
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<br /> DQCOCII 00G?3~R 13i21~~272.0~~ 1
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