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18. PERMITTEE Defaults. If the PERMITTEE defaults in the performance of one or more of the <br />PERMITTEE'S obligations under this Agreement, i) the CITY gives the PERMITTEE thirty <br />(30) days written notice of the default and ii) the PERMITTEE fails to cure the default within said <br />thirty (30), then the CITY may pursue any and all remedies available at law or in equity including, <br />but not limited to, the following: <br />a. The CITY may, at its option, perform or engage one or more third parties to perform the <br />PERMITTEE'S obligations. If, in the reasonable judgment of the CITY'S staff, the <br />PERMITTEE'S default creates an immediate risk to public health or safety, the CITY <br />may perform or engage one or more third parties to perform the work before the CITY <br />provides the notice described in the initial paragraph of this Section, but the CITY must <br />use commercially reasonable efforts to notify the PERMITTEE as promptly as possible <br />that the CITY is undertaking to perform the PERMITTEE'S obligation or obligations. If <br />the CITY performs one or more obligations of the PERMITTEE, the PERMITTEE must <br />reimburse the CITY for any costs or expenses the CITY incurs, including costs and <br />expenses for CITY staff time, to perform the work within 30 days after the CITY notifies <br />the PERMITTEE, in writing, of the costs and expenses the CITY incurred to perform the <br />work. If the PERMITTEE does not reimburse the CITY within said 30-day period, the <br />CITY may pursue any remedies available to the CITY either at law or in equity or, in the <br />alternative, the CITY may draw on the financial guaranty the PERMITTEE has provided <br />to the CITY pursuant to this Agreement to reimburse itself for the expenses the CITY <br />incurs to perform the work. This Agreement is a license for the CITY to act, and it shall <br />not be necessary for the CITY to seek a Court Order for permission to enter the <br />PERMITTEE Property. As an alternative to seeking recovery from the PERMITTEE or <br />the financial guaranty, the CITY may levy special assessments against the PERMITTEE <br />Property in accordance with Minnesota Statutes Section 429, and the PERMITTEE, for <br />itself and its successors in title, hereby expressly waives any and all substantive and <br />procedural objections or defenses the PERMITTEE may have to such special <br />assessments. <br />b. The CITY may commence an action in Anoka County District Court to pursue any remedy <br />available to the CITY at law or in equity including, but not limited to, injunctive relief. <br />c. The CITY may refuse to grant building permits for improvements to be constructed on any <br />lots within the Plat until the PERMITTEE has cured all of its defaults. <br />d. The CITY may draw upon all or any portion of the financial guaranty the PERMITTEE <br />has provided to the CITY pursuant to Section 11 and (i) use all or any portion of the <br />proceeds from the financial guaranty to reimburse the CITY pursuant to subsection (a) <br />above; (ii) use all or any portion of the proceeds from the financial guaranty to satisfy any <br />judgment the CITY obtains against the PERMITTEE pursuant to subsection (b) above; <br />(iii) use all or any portion of the proceeds to reimburse the CITY pursuant to Section 19 <br />(j) below; and (iv) hold all or any portion of the proceeds for a reasonable time for the <br />future application as described in subsections (i), (ii) and (iii) of this Section 18 (d). <br />19. Miscellaneous. <br />a. Invalidity of Anv Section. If any portion, section, subsection, sentence, clause, paragraph <br />or phrase of this Agreement is for any reason invalid, such decision shall not affect the <br />validity of the remaining portion of this Agreement. <br />5 <br />