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D. If any portion, section,subsection, sentence, clause, paragraph, or phrase of <br /> this Contract is for any reason held invalid,such decision shall not affect the validity of the remaining <br /> portions of this Contract. <br /> E. The action or inaction of the City shall not constitute a waiver or amendment <br /> to the provisions of this Contract. To be binding,amendments or waivers shall be in writing, signed <br /> by the parties and approved by written resolution of the City Council. The City's failure to promptly <br /> take legal action to enforce this Contract shall not be a waiver or release. <br /> F. 'This Contract shall run with the Land and may be recorded against the Land. <br /> The Developer covenants with the City, its successors and assigns,that the Developer is well seized <br /> in fee title of the Land and/or has obtained consents to this Contract, in the form attached hereto, <br /> from all parties who have an interest in the Land;that there are no unrecorded interests in the Land; <br /> and that the Developer will indemnify and hold the City harmless for any breach of the foregoing <br /> covenants. <br /> G. Developer shall take out and maintain or cause to be taken out and maintained <br /> until six(6)months after the City has accepted the public improvements,commercial general liability <br /> and property damage insurance covering personal injury, including death, and claims for property <br /> damage which may arise out of Developer's work or the work of its subcontractors or by one directly <br /> or indirectly employed by any of them. Limits for bodily injury and death shall be not less than <br /> $500,000 for one person and $1,000,000 for each occurrence; limits for property damage shall be <br /> not less than $200,000 for each occurrence; or a combination single limit policy of$1,000,000 or <br /> more. The City shall be named as an additional insured on the policy on a primary and <br /> noncontributory basis, and the Developer shall file with the City a certificate evidencing coverage <br /> prior to the City signing the plat. The certificate shall provide that the City must be given ten (10) <br /> days advance written notice of the cancellation of the insurance. <br /> H. Each right, power or remedy herein conferred upon the City is cumulative <br /> and in addition to every other right,power or remedy, express or implied, now or hereafter arising, <br /> available to the City, at law or in equity, or under any other agreement, and each and every right, <br /> power and remedy herein set forth or otherwise so existing may be exercised from time to time as <br /> often and in such order as may be deemed expedient by the City and shall not be a waiver of the <br /> right to exercise at any time thereafter any other right,power or remedy. <br /> L The Developer may not assign this Contract without the written permission <br /> of the CiTy Council. The Developer's obligations hereunder shall continue in full force and effect <br /> even if the Developer sells one or more lots in the Plat,the Land,or any part of it. Upon request,the <br /> 180976 <br /> 11 <br /> 196841v4 <br />