Contracts & Agreements_214-2016 - Laserfiche WebLink

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entitled to the recovery of its reasonable attorneys' fees, including fees for the use of in- house counsel by a Party. 5, It is the intent of the Parties that the burdens and benefits herein undertaken shall constitute equitable servitudes that run with the Property and shall be binding upon future owners of all or any portion of the Property. Any owner's liability hereunder shall terminate at the time it ceases to be an owner of the encumbered Property, except for obligations which accrue prior to the date of transfer by such owner, which shall remain the personal obligation of such owner. 6W Time is of the essence in the performance of this Agreement. 7. Any notice to is Party required or called for in this Agreement shall be served in person, or by deposit in the U.S. Mail, first class postage prepaid, to the address set forth below. Notice(s) shall be deemed effective Upon receipt, or seventy-two (72) hours after deposit in the U.S. Mail, whichever is earlier. A Party may change notice address only by providing written notice thereof to the other Party, CITY OWNER City FIngineer Jeffrey 'T. Clemens City of Redlands L,ennar Homes ofCal ifiornia, Inc., a Ca I i["ornia Corporation P.O. Box 3005 980 Montecito Drive Suite 301 Redlands, CA 92373 Corona, CA 92879 & This Agreement shall be governed by and construed in accordance with the laws of the State of California, 9. Any amendment to this Agreement shall be in writing and approved by the City Council Of City and signed by the City and the Owner. IN WITNESS WHERI'301', the Parties hereto have affixed their signatures as of the date first written above. CITY OF REDLAND& OWN . U) �ul W. Foster, Mayor Jeffrer. Clemens Vice President Lennar Homes ofCalifornia, Inc., a California Corporation Attest, Sam Irwli-�� NyJlerk Cdy 0R Redlands Agmement Vcfsion NOVEMBER 20$3