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<br />. 31st of the year in which the assessment will appear on the tax <br /> roll, ana an administrative fe. of $100.00. The Landowner aqr.es <br /> that such charqes are a reasonable and appropriate charqe aqainst <br /> the Property and agrees not to cont..t the validity of such <br /> char';le._ . <br /> 4. GJDa:RAL CONDI'l'IOn. <br /> 4.l Subject to the provisions of section 4.2, Landowner may <br /> at its option remit the entire principal balance and accrued <br /> interest to date to MWCC at any ti~e. <br /> 4.2 If the Property is sold or the current use of the <br /> Property 1s ~lscont1nu.d or converted to a different use and if <br /> Landowner desires to exercise its option to remit the principal <br /> balanc. and accrued interest pursuant to section 4.1, it shall do <br />. eo prior to such sale, discontinuation, or conVersion. If 14nd- <br /> Owner chooses not to exercise such option, then all furthar <br /> payments under this Agreement ahall cease as of the date of such <br /> aale, discontinuation, or conver$ion and the provisions ot <br /> section 4.3 shall apply thenoeforth. <br /> 4.3 After payment of principal an~ accrued interest pursu- <br /> ant to this Agreement (including paymane pursuant to assessment <br /> in section 3.2) or in the event .uch payment cea.es purauant to <br /> the provisions of seotion 4.2, the following shall apply: <br /> 4.3.1 Future connections or building permits <br /> involvinq a SAC determination (including any <br /> suoh permits for lots remaining in use as <br /> ~rail6r units) will be paid at the then cur- <br /> rent SXC rate. <br /> 4.3.2 REO credits aocrued pursuant to payments <br /> under this Agreement shall be available for <br />. 4 <br />