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or by generally recognized overnight courier service, or five (5) days after deposit in the <br />United States mail, certified or registered, return receipt requested, with postage prepaid, <br />addressed as follows: <br />To Developer: Stanford Health Care PD + C <br />66 Willow Place <br />Menlo Park, California 94025 <br />Attn: Rachel De Guzman, SVP PD+C <br />To City: City of Redwood City <br />1017 Middlefield Road <br />Redwood City, California 94063 <br />Attn: City Manager <br />With a copy to: City of Redwood City <br />1017 Middlefield Road <br />Redwood City, California 94063 <br />Attn: City Attorney <br />25. Assignment by Developer. Developer may assign its obligations under this <br />Agreement only with the City Attorney's prior written approval. In connection with any <br />such assignment, Developer and its assignee will execute and deliver to City a written <br />assignment and assumption agreement in a form reasonably acceptable to the City <br />Attorney. <br />26. Covenant Running with the Land. This Agreement pertains to and will run <br />with the Property. Upon execution, this Agreement will be recorded against the Property <br />at Developer's expense. This Agreement binds the assigns and successors -in -interest <br />of Developer, including any transferee of a fee interest in any lot located within the <br />Property. City and its successors and assigns, in the event of any breach of this <br />Agreement, will have the right to exercise all of the rights and remedies, and to maintain <br />any actions at law or suits in equity or other proper proceedings against Developer or its <br />permitted successors and assigns to enforce the curing of such breach. Upon completion <br />of performance and satisfaction by Developer of its obligations under this Agreement, <br />including warranty obligations, a written statement will be recorded by City in the Official <br />Records of San Mateo County terminating this Agreement and releasing all of the <br />Property. The recorded written statement does not release the Parties from obligations <br />that survive termination of the Agreement, including indemnification. <br />27. Miscellaneous. <br />27.1 Entire Agreement, Amendments, Recitals. This Agreement contains the <br />entire understanding and agreement of the Parties. This Agreement may be <br />altered, amended or modified only by an instrument in writing, executed by the <br />REV: 10-25-24 VR <br />Page 13 of 23 <br />