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disclosu??e of suli ?natterx the ?e?eoper effects to not close sc?'o???? tliexi tris Agreetrretit and the
<br />Esero?? shall allton?atlCall?' tern?ir?ate and rleitl?et' party lrall }]ave any ?i?r?ther riglrts, ob?igatioris or
<br />l?abfl?tles hereirt?der. Tl?e ??epresentatior?s and ??a??raraties set forth iii this ect?on ?05.? s?lall srzrvive
<br />the Clasi?ig,
<br />?0?,2 Deg?c?apei;'? Repr?eserttatia?rs, The Deve}apes repx?eset?ts at?d ??arr?a??ts to
<br />the Agency as fallo??s;
<br />?a? ?4???ho??rt??, Tlie developer is a d??ly o??g??ized Califax?nia lin?itcd
<br />liability company acid is arrtliorrzed to da b??srtiess and rs lti good standt?i? ?1?ider the laws oft}?e
<br />State off` Califarriiaa The copies aft}?e dacr?naex?t evider?cir? tl?e arkanizatiorl of the I]evelaper
<br />?vlircli lia??e beers delrvered to the Ageticy a?'e t?'?ze acid ca?r?plete copies of the originals, ??
<br />arrrended to the Date of Agreement. Tl?e l?evelaper has f?xll right, pa??er grid la??rf ul a??tlrori?y to
<br />accept tl?e Can?cyance of tl?c Site and utidertal?e all abligatioris as provrde? Herein and the
<br />cxecr?tio??? pez•fa???r?a?ce at?d delivery of this Agrce?nent by the Developer' has heed fully
<br />authorized b?; all r'equlsrte actlaris on the part of the Developer,
<br />?b? ???e???tertce, The Developer for its riitiagiiig t11?Iiib?r? is a?i
<br />experienced develape?? a? ??eside??tial pra?ects similar i?? sizes scope, and ualit?? to the De?Feloper'
<br />??I?p?'oVe??lents to ?? ?{Jl?tl'?4AIt?? ???F•?L??4?t to t?? 1 71?+????????.
<br />?c? o Co?`?c?, Ta the best of the Developer+' knowledge, tl?e
<br />I)e?relaper?s execution, delivery acid per4fartilarice of its obliatiori wider this Agreenierit gill
<br />not ca?istit?rte a defau}t o?? a brcacli wider a?ly cont?iact, areerilerit or' order to 4??liicli the
<br />Deveiaper is a party or by ?vilich it is bo?znd,
<br />?} ? ?er?e?n?e?? ?cr??????c}?, I?e?elaperi is riot t}le s??bject of a
<br />baril?r?uptcy pr'aceedir?g.
<br />{e} ??tt???rc??tc? x??i??? .?arr?s, The De?elaper ?varr'arits and represents
<br />ti?at it will carry o??t the developtr?erit of tl?e Site in canfor?r? sty with all o?ernn?cnta l
<br />Re?uiremerits, i?YCluding, ?vltlla??t lrrilrtatlori, all applicable state acid federal labar? sta?idards a??d
<br />regrlir'ements, tl?e City zoning and developrilent standards, burldrrig, plurnbirig, rneclianical and
<br />elect??ical codes, acid all otl?er? provisio??s of tl?e Cit??'s ll?iu??icrpal Cade, and all applicable
<br />disabled acid lia?idicapped access requireti?etits? inc}tiding ??ithar?t lin?itatiot? tl?e An?ericat?s kith
<br />I)rsabrl?tres Act, 42 U,,. Sectiori l??a?, e? ??e?,, Coverriinetit Code ectiori ??a, ?? serf.,
<br />a?ert?t?e?it Cade ectior? 1115, ?? ser??, and the Urirr?li Civil I?ilits Act, Civil Code
<br />ectiari 1, e? s??.
<br />Ilritil the Clasiri, the Developer shall, upori lear'riing of atiy fact or condition
<br />??lircli ?vauld cairsc any of the ??arr?anties acid r'epreseritatroris rri tlirs Sectrori ?a,2 riot to be tr??e
<br />as of Closing, iri?rnediately give ??vr'itteti riotice of s?rch fact or cot?ditiat? to tl?e Agency. Such
<br />exceptiot??s? to a represcntatia?i sl?all not be deeriled a breach by the Developer' liere??rider, but
<br />shall constitute ari exceptloti ?vhrch the Agency shall have a rigl?t to approve ar disappro?o if
<br />s??cli exceptrori ?vo?rld Have an effect on the val??e aiidfar• apes;atio?i a? the Sate ?f tine Agetlcy
<br />elects to close ?scro?? following disclosure of such irifarri?atiari, the Developer's r'epreseritatioris
<br />and ?varra?nties ca??tai??ed herein sl?all be deemed to leave been r?lade as of the Ceasing, subject to
<br />s??cli ea?ception?s?, If, following the disclas?u?e of s??ch infortatia??, the Agency elects to not
<br />?OCOCI??OOb734? 13??00272-000 ?
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