Res 2012-046 - Laserfiche WebLink

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12015202 on Jgj 45i default, such Party shall be deemed to have defaulted for all purposes of this Agreement. In the event of a non -cured default, the non - defaulting Party shall have all the rights and remedies available under applicable law, including the right to institute any action at law or in equity to cure any default, to enjoin any threatened or attempted violation of this Agreement, or to enforce the defaulting Party's obligations under this Agreement by specific performance, subject to the limitations under Section 3.15 below. 3.15 Governmental Powers; Waiver of Immunity It is understood that by execution of this Agreement the City does not waive or surrender any of its governmental powers, immunities, defenses or rights. 3.16 Recordation; Binding on Successors in Interest Pursuant to the requirements of Section 212.172(f) of Chapter 212, this Agreement shall be recorded in the Official Public Records of Hays County, Texas. This Agreement shall be binding upon: (a) the Parties; (b) the Parties' successors and assignees; (c) the Property; and (d) future owners (regardless of whether reference is made only to C &G) of all or any portion of the Property. Notwithstanding the foregoing, however, this Agreement shall not be binding upon, and shall not constitute any encumbrance to title as to, any end -buyer of a fully developed and improved lot within the Property except for land use and development regulations that apply to specific lots. EXECUTED to be effective as of the Effective Date of May 1, 2012 first stated above. [SIGNATURES ON NEXT PAGE] 10