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because it conflicts with any other provision or provisions hereof or any Constitution or Statute <br /> or rule of public policy, or for any other reason, such circumstances shall not have the effect of <br /> rendering the provisions in question inoperative or unenforceable in any other case or <br /> circumstance, or of rendering any other provision or provisions herein contained invalid, <br /> inoperative, or unenforceable to any extent whatsoever. The invalidity of any one or more <br /> phrases, sentences, clauses or sections contained in this Agreement shall not affect the <br /> remaining portions of this Agreement. <br /> Section 5.06. Headinqs. <br /> The section headings are not part of this Agreement and will not affect the interpretation of any <br /> provisions hereof. <br /> Section 5.07. Time of the Essence. <br /> In each provision of this Agreement which states a specific amount of time within which the <br /> requirements thereof are to be satisfied or are to persist, time shall be deemed to be of the <br /> essence. <br /> Section 5.08 Notices. <br /> Any notice required to be given hereunder shall be given by personal delivery or by <br /> registered or certified mail at the addresses specified below or at such other addresses as may <br /> be specified in writing by the parties hereto: <br /> To OWNER: BRE Properties, Inc. <br /> 5815 Shellmound Way#A <br /> Emeryville, CA 94608 <br /> Attn: Kevin Grani, Vice President Property Operations <br /> With a copy to: BRE Properties, Inc. <br /> 525 Market Street, 4th floor <br /> San Francisco, CA 94105 <br /> Attention: Office of the General Counsel <br /> With a copy to: 640 Veteran's Blvd <br /> Redwood City, CA 94063-1409 <br /> Attention: Property Manager <br /> To CITY: City of Redwood City <br /> 1017 Middlefield Road <br /> Redwood City, CA 94063 <br /> Attention: City Manager <br /> With a copy to: Pamela Thompson, City Attorney <br /> 1017 Middlefield Road <br /> Redwood City, CA 94063 <br /> With a copy to: City of Redwood City <br /> 1017 Middlefield Road <br /> Redwood City, CA 94063 <br /> Attention: CDBG/HOME Administrator <br /> ATTY/AGR/2011.141l640 VETERANS WAY—AFFORDABILITY AGREEMENT <br /> REV:12/29/11 <br /> Page 7 of 20 <br />