RecD03 2003-350639 - Laserfiche WebLink

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covenants relate. In the event of any breach of these covenants, the City and the Agency shall have the right to exercise all the rights and remedies available at law or in equity to enforce the curing of such breach. (j ) It is the intent hereof that the provisions of subsections (a) through (k) , inclusive, of this Declaration shall survive the termination of the other operative provisions of the Agreement and the issuance and/or recordation of the Certificate of Completion. 3. Maintenance of Property. During such time as the covenants set forth in Section 2 of this Declaration are in effect, the Property shall at all times be maintained as a rental apartment complex of not less than 72 units. The Property shall at all times be maintained in a neat and orderly condition consistent with good management practices and in accordance with all applicable Federal, State and local laws. 4. Events of Default; Enforcement. In the event of a default in the performance or observance of any covenant, agreement or obligation as set forth in this Declaration and, if such default remains uncured for a period of thirty (30) days after notice thereof shall have been given by the City and/or the Agency, or such longer period as may be approved by the City and/or Agency in writing in their sole discretion, then the City and the Agency may declare that an Event of Default has occurred hereunder and may take any one or more of the following steps, at their option: (a) By mandamus or other suit, action or proceeding at law or in equity, require the Declarant or its successors in interest to perform its obligations and covenants hereunder, or enjoin any acts or things which may be unlawful or in violation of the rights of the City and/or Agency hereunder; and (b) Take whatever other action at law or in equity may appear necessary or desirable to enforce the obligations, covenants and agreements hereunder, including, without limitation, the exercise of remedies under the Deed of Trust if not previously reconveyed. (c) No delay in enforcing the provisions hereof as to any breach or violation shall impair, damage or waive the right against or recover for the continuation or repetition of such 5