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MILLS ACT AGREEMENT <br /> 2556 North Valencia Street <br /> Santa Ana, CA 92706 <br /> growing out of the terms of this Agreement, apply to any court, state or federal, for injunctive <br /> relief against any violation by Owner or apply for such relief as may be appropriate. <br /> b. City does not waive any claim of default by the Owner if City does not enforce or <br /> cancel this Agreement. All other remedies at law or in equity which are not otherwise provided <br /> for in this Agreement or in City's regulations governing historic properties are available to City to <br /> pursue in the event that there is a breach of this Agreement, No waiver by City of any breach or <br /> default under this Agreement shall be deemed to be a waiver of any other subsequent breach <br /> thereof or default hereunder. <br /> 7. Binding effect of Agreement, <br /> a. Owner hereby subjects the Historic Property, located at 2556 North Valencia <br /> Street,Assessor Parcel Number, 003-031-06,and more particularly described in Exhibit A, in the <br /> City of Santa Ana, to the covenants, conditions, and restrictions as set Earth in this Agreement. <br /> b. City and Owner hereby declare their specific intent that the covenants, conditions <br /> and restrictions as set forth hereinn shall be deemed covenants running with the laud and shall pass <br /> to and be binding upon Owner's successors and assigns in title or interest to the Historic Property. <br /> Every contract, deed, or other instrument hereinafter executed, covering or conveying the Historic <br /> Property or any portion thereof, shall conclusively be held to have been executed, delivered, and <br /> accepted subject to the tenants, restrictions, and reservations expressed in this Agreement <br /> regardless of whether such covenants, conditions and restrictions are set forth in such contract, <br /> deed, or other instrument. <br /> C. This property is listed in the.Santa Ana Register of Historical Properties (Register). <br /> In any real property transaction, the owner of this property or the owner's representative shall <br /> provide the buyer of this property with notice that the property is listed on the City's historic <br /> Register.. <br /> 8. No Compensation. <br /> Owner shall not receive any payment from City in consideration of the obligation imposed <br /> under this Agreement, it being recognized that the consideration for the execution of this <br /> Agreement is the substantial public benefit to be derived therefrom and the advantage that will <br /> accrue to Owner as a result of the effect upon the assessed value of the Property on the account of <br /> the restrictions on the use and preservation of the Property. <br /> .9. Notice. <br /> Any notice required by the terms of this Agreement shall be sent to the address of the <br /> respective parties as specified below or at other addresses that may be later specified by the parties <br /> hereto. <br /> -5 - <br />