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29. Recording of This A?eement. The DEVELOPER agrees that this Development <br /> Agreement shall be ree. ordeA in the office of the Anoka County Recorder and agrees that the <br /> terms and provisions of this Agreement shall run with the land and shall bind the <br /> DEVELOPER, its successor and assigns, <br /> <br />30. ~iolation of This Agreement. If the DEVELOPER fails to perform any of the terms <br /> of this Agreement in the manner required by the CITY, the CITY shall be entitled to <br /> recover, from the DEVELOPER or the issuer of DEVELOPER'S financial guarantee, <br /> the fu11 amount of any and all financial guarantees. Breach of any of the terms of this <br /> Development Agreement by the DEVELOPER shall also be grounds for denial of <br /> Building Perrrfits for buildings in the Plat. <br /> <br />31.Agreement- Bind}ns O.n. Heirs, etc. The DEVELOPER agrees that this <br /> Development Agreement shall be binding upon their successors and assigns. Breach of <br /> any of the terms of this Development Agreement by the DEVELOPER shall be grounds <br /> for denial of Building permits for buildings in the Plat. <br /> <br />IN WITNESS THEREOF, the parties have hereunto set their hands and seals, this <br />of , 1994. <br /> <br />day <br /> <br />NORTH SUBURBAN DEVELOPMENT, INC. CITY OF RAMSEY: <br /> <br />BY: <br /> <br />J.A. Menkveld Mayor <br /> <br />IT'S: ATTEST: <br /> <br />City Adminismator <br /> <br /> <br />