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23 <br />TW185\1\1011577.v13 <br />expenses incurred by the JDA in monitoring and inspecting development of <br />the Project Site. <br />B. The Developer shall reimburse the JDA for reasonable costs actually <br />incurred in the enforcement of this Agreement, including engineering and <br />reasonable attorneys’ fees. <br />C. The Developer shall pay in full all bills submitted to it by the JDA for <br />obligations incurred under this Agreement within thirty (30) days after <br />receipt. If the bills are not paid on time, the JDA may halt plat development <br />and construction until the bills are paid in full. Bills not paid within thirty <br />(30) days shall accrue interest at the rate of twelve percent (12%) per year. <br />36. DEVELOPER’S DEFAULT. The occurrence of any of the following a thirty (30) <br />day written notice from the JDA specifying such default and providing Developer the opportunity <br />to cure such default (provided if such default is not capable of being cured within such 30-day <br />period, Developer shall have an additional 90 days to cure such default so long as Developer has <br />commenced the cure within the initial 30-day cure period), shall be considered an “event of <br />default” and the terms and conditions contained in this Agreement: <br />A. Failure of the Developer to comply with any of the terms and conditions <br />contained in this Agreement or future Agreement related to the Subject <br />Property or the Thumb Parcel; and <br />B. Failure of the Developer to comply with any applicable ordinance or statute <br />with respect to the development of the Property. <br />37. REMEDIES. Upon the occurrence of an event of default, the JDA, in addition to <br />any other remedy which may be available to it, shall be permitted to do any of the following: