RecDoc 2014-058387 LLMA Classics 755 Brewster

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� _ _ actions,causes of action,obligations,liabilities,damages,losses,costs and expenses,including reasonable attorneys'fees(individually,"Claims"and collectively,"Claims"),which may arise from or in any manner relate to any work performed or services provided under this Agreement by the Developer, or the Developer's contractors,subcontractors,agents or employees,including,but not limited to,the performance of the Maintenance Services or other Activities.Notwithstanding the forgoing,the Developer shall not be obligated under this Agreement to defend and/or indemnify the City to the extent that any Claim is caused by the gross negligence or willful misconduct of the City or its agents or employees. The aforementioned indemnity shall apply regardless of whether or not the City has prepared,supplied or approved plans and/or specifications for the Improvements and regardless of whether any insurance required under this Agreement is applicable to any Claims. 12. DEFAiJLT. The failure to maintain the Improvements will constitute an event of default. Upon such event of default, the City sha11 provide written notice to the Developer. Upon receipt of the written notice,the Developer sha11 have thirty(30) days to remedy such event of default(or such longer period of time as may reasonably be required,provided that the Developer sha11 commence to remedy such default within thirty(30)days period and thereafter diligently prosecute such remedy to completion).If the Developer fails to remedy the event of default within the prescribed time period,the City sha11 have the right to do all work necessary to remedy the event of default and charge the Developer actuat costs incurred by the City for such work. 13. ASSIGNMENT BY CITY. The City sha11 have the right at its option to assign its rights and obligations under this Agreement to a municipal services district or other public agency without consent of the Developer. 14. AGREEMENT ATTACf-�S TO LAND AND BINDS DEVELOPER'S SUCCESSORS AND ASSIGNS. This Agreement pertains to and runs with the Property in perpetuity,and sha11 be recorded against the Property. This Agreement binds the assigns and successors-in-interest of the Developer, including any transferee of a fee interest in any unit or the common area located within the Property. The City and its successors and assigns, in the event of any breach of this Agreement, shall have the right to exercise a11 of the rights and remedies,and to maintain any actions at law or suits in equity or other proper proceedings against the Developer or its permitted successors and assigns to enforce the curing of such breach. 15. ASSIGNMENT BY DEVELOPER The Developer may assign its obligations under this Agreement only with the prior written approval of the City. In connection with any such assignment,the Developer and its assignee sha11 execute and deliver to the City a written assignment and assumption agreement in a form acceptable to the City Attorney. Notwithstanding the foregoing,the Developer may sell and/or grant the fee interest of lots/units or common area located on the Property and to thereby transfer a11 of its obligations under this Agreement to its successors. Upon the sale and/or grant of a fee interest in a particular lot or common area located on the Property,Developer's obligations under this Agreement shall inure to its successor-in-interest and the Developer shall thereafter be released from its obligations under this Agreement with respect to such lot or common area. 16. NOTICES. Any notices relating to this Agreement sha11 be given in writing and shall be deemed sufficiently given and served for all purposes when delivered personally or by generally recognized overnight courier service, or five (5) days after deposit in the United States mail, certified or registered, return receipt requested,with postage prepaid,addressed as follows: ATTY/AGR/2014.086/RWC 1856—755 BREWSTER(LMA) REV:06-04-14 VR Page 5 of 9