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relevant developments regarding same; the Pearces agree to support the MCWD’s applications <br />for permits or approvals in conformance with this Agreement and agree not to interfere or <br />otherwise impede the application process for such permits or approvals; <br />c. City of Orono. The MCWD shall obtain from the City of Orono a <br />written approval, addressed to both the MCWD and the Pearces, of the Project and a written <br />modification addressed to the Pearces and provided in a form acceptable to the parties hereto <br />and suitable to be filed and recorded with the Office of the Hennepui County Registrar of <br />Titles, of the flowage easement the City holds over any portion of the Easement Area; <br />d. Morteagee Consent. The Pearces shall obtain from any mortgagee <br />which holds a mortgage on the Pearce property written consent to the conveyance of the <br />easement to be granted to the MCWD hereunder, and a written agreement that any rights <br />said mortgagee possesses under said mortgage are subordinate to the terms of the easement to <br />be granted to the MCWD hereunder. <br />e. The MCWD may waive the conditions in Paragraphs a and b of this <br />Section. <br />8. Be.st Efforts to Satisfy Conditions. Stay of Litigation. Renewal. Each party <br />shall use its best efforts to satisfy each condition subsequent for which it is responsible <br />hereunder within 120 days of the Effective Date. The parlies agree to stay all litigation and <br />appeal activities during this 1 20-day period, and immediately upon the execution of this <br />Agreement to execute a stipulation to continue die litigation pending dismissal attached to this <br />Agreement as Exhibit 5. The parties shall by mutual agreement schedule a closing meeting to <br />be held within 20 days of the date on which the last of these contingencies is satisfied to <br />537/22080000 5/23/95