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� sums so advanced, or expenses incurred by the City, upon demand, with <br />interest from the dates of such advances or expenses at the rate of 10% per <br />annum or the maximum amount permitted by law if less than 10a/o. If no <br />action taken by the City pursuant to this section shall be deemed to relieve <br />Arden Village from curing any such defaults to the extent that it is not cured <br />by the City or from any other default hereunder. The City shall not be <br />obligated, l�y virtue of the existence or exercise of this right, to perform any <br />such act or cure any such default. Arden Village shall save, indemnify, and <br />hold harmIess, including reasonable atfiorney's fees, the City from liability or <br />other clamages which may be incurred as a result of the exercise of the City's <br />rights pursuant to this section. <br />2. Obtain an order from a Court of Competent jurisdiction requiring Arden <br />Village to specifically perform its obligations pursuant to the terms and <br />provisions of this Agreement <br />3. Exercise any other remedies which may be available to it, including an action <br />for damages. <br />4. Withhold the issuance of any buiiding permits and/or prohibit the occupancq <br />of all building which permits have been issued. <br />5. In addition to the remedies and amounts payable as set forth herein, upon <br />• the occurrence of an event of default, Arden Village shall pay the City alI fees <br />and expenses, including reasonable attorneys fees, engineering and <br />consultant fees incurred by the City as a result of an event of default, whether <br />or not a lawsuit or action is formall�r undertaking. <br />IN WITNESS WHEREOF, the City and Arden Viltage have caused this Agreement to <br />be executed as of the date and year first above written. <br />� <br />