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-216- <br /> <br />12. <br /> <br />t3. <br /> <br />14, <br /> <br />billing period. Failure to pay the CITY'S expenses within the fifteen (15) day billing <br />period will permit the CITY to draw upon any of the escrows required by this Agreement <br />for payment. <br /> <br />Marketable Title. Prior to recording of the Final Plat, the DEVELOPER shall provide <br />to the CITY, proof of marketable title to the Plat either through a currently certified <br />abstract, registered property abstract or title insurance. <br /> <br />Invalidity of Any One Section. ~ any portion, section, subsection, sentence, clause, <br />Paragraph or phase of this Agreement is for any reason held to be invalid by a court of <br />competent jurisdiction, such decision shall not effect or void any of the other provisions of <br />this Agreement. <br /> <br />Agreement Binding On Heirs, etc. The DEVELOPER agrees that this Development <br />Agreement shall be binding upon his successors and assigns. Breach of any of the terms of <br />this Development Agreement by the DEVELOPER shall be grounds for denial of <br />Building Permits for buildings in the Plat. <br /> <br /> ILN WITNESS THEREOF, the parties have hereunto set their hands and seals, this <br />__ day of .., 2002. <br /> <br />DEVELOPER: <br /> <br />Kobert Longfield <br /> <br />Klm Longfield <br /> <br />STATE OF MINN%SOTA ) <br />COUNTY OF ANOKA ) <br /> <br />On this day of , 2002, before me a Notary Public, personally <br />appeared Robert and Klm Longfield, to me known to be the persons described herein and who <br />executed the foregoing instrument and acknowledged that they executed the same as their free act <br />and deed. <br /> <br />Notary Public <br /> <br />I <br />I <br />I <br />I <br /> <br /> I <br /> I <br />I: <br /> I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br /> <br />