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<br />f. Reliqious Activity Prohibited. The Developer <br />covenants that there will be no religious worship, instruction, or <br />proselytizing as part of, or in connection with, the performance or <br />in connection with this Agreement. <br /> <br />g. Uniform Administration Requirements. The Developer <br />shall comply with the requirements and standards of the HOME <br />Investment Partnership Regulations, OMB Circular A-122 Cost <br />Principles for Non-Profit Organizations, OMB Circular A-l10 <br />attachments A, E, C, F, H, N, and 0 and all other federal, state, <br />and local laws, regulations and requirements, as applicable. <br /> <br />Section 4.07. <br /> <br />Effect and Duration of Covenants. <br /> <br />a. The covenants respecting use and maintenance of the <br />Property established in accordance with Sections 4.01 and 4.02, <br />shall be contained in the Grant Deed and shall remain in effect on <br />all of the Property for the life of the Redevelopment Plan. The <br />Declaration of Affordability Covenants shall remain in effect for <br />a period of fifty-five (55) years commencing on the date the City <br />issues the Certificate of Occupancy for the apartment units. The <br />covenants established against discrimination in accordance with <br />Sections 4.03, 4.04 and 4.06, and each of them, shall remain in <br />effect on all of the Property in perpetuity. All of the covenants <br />referenced in this Article shall run with the land and shall <br />constitute equitable servitudes thereon, and shall, without regard <br />to technical classification and designation, be binding for the <br />benefit and in favor of the Agency, its successors and assigns, <br />and, where indicated, the City. <br /> <br />b. The Agency is deemed the beneficiary of the terms <br />and provisions of this Agreement and of the covenants running with <br />the land for and in its own rights and for the purposes of <br />protecting the interests of the community. The Agency shall have <br />the right, if such covenants are breached, to exercise all rights <br />and remedies and to maintain any actions or suits at law or in <br />equity or such other proper proceedings to enforce the curing of <br />such breaches to which it or any other beneficiary of such <br />covenants may be entitled. The Agency shall have the right to <br />assign all of its rights and benefits hereunder to the City. <br /> <br />ARTICLE V <br /> <br />DEFAULTS, REMEDIES AND TERMINATION <br /> <br />Section 5.01. <br /> <br />Defaults - General. <br /> <br />37 <br /> <br />REDW\0006\DOC\001-7 <br />3/29/05 3:15 /rove <br />