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has allowed the property to deteriorate to the point that it no longer meets the standards <br /> for a qualfied historic property. City may also cancel this Contract if it determines that <br /> the Owner has failed to restore or rehabilitate the property in the manner spec�ed in <br /> subparagraph 4(b)of this Contract. In the event of cancellation, Owner may be subject <br /> to payment of those cancellation fees set forth in California Govemment Code Se�tions <br /> 50280, et seq. <br /> 7. Enforcement of Gontract. As an altemative to cancellation of the Contract <br /> for breach of any condition, C�y may specifically enforce, or enjoin the breach of, the <br /> tenns of this Contract. In the event of a default under the provisions of this Contract by <br /> Owner, City shatl give written notice to Owner by registered or certified mail addressed <br /> to the address stated in this Contract, and if such a violation is not corrected to the <br /> reasonable satisfaction of the City within thirty (30) days thereafter, or if not corrected <br /> within such reasonable time as may be required to cure the breach or default if said <br /> breach of default cannot be cured within thirty (30) days (provided that acts to cure the <br /> breach or default must be commenced within thirty (30) days and must thereafter be <br /> � diligently pursued to completion by Owner), then City may, without further notice, <br /> declare a default under the terms of this Contract and may bring any action necessary <br /> to specificatly enforce the obligations of Owner growing out of the te�rns of this Contract, <br /> appiy to any court, state or fecferal, for injunctive relief against any violatien by Owner or <br /> apply for such other relief as may be appropriate. <br /> City does not waive any claim of default by Owner if City does not enforce or <br /> cancels this Contract. All other remedies at law or in equity which are not othen+vise <br /> provided for in this Contract or in City's regulations governing historic properties are <br /> REV:11-22-13 VR <br /> ATiY/AGR/2013.221/1052 EDGEWOOD ROAD MILLS ACT CONTRACT <br /> Page 5 of 13 <br />