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(3) The City determines in the exercise of its reasonable judgment that the Redeveloper's obligation to pay for the acquisition of the Parcel or to pay relocation benefits is not adequately secured, and the Redeveloper fails to provide security deemed adequate by the City within thirty (30) days of a written request by the City. ( c) Upon discontinuance by the City of acquisition activities pursuant to either of subparagraphs (a) or (b) above, the Redeveloper shall promptly reimburse the City for any awards, relocation payments or discontinuance fees relating to any eminent domain proceedings pending at the time of such discontinuance and any relocation benefits that the City is subsequently required to pay based on activities which occurred prior to such discontinuance. Any such expenses borne by the Redeveloper shall be subject to reimbursement as Eligible Project Costs. The Redeveloper shall indemnify and save the City and its Council members, officers, agents and employees harmless from and against (i) any claim or cause arising out of or occasioned by the discontinuance of such acquisition activities, (ii) any claims for relocation benefits relating to Parcels, whether or not condemnation of such Parcels was commenced, and (iii) any appeals for condemnation awards or relocation benefits (whether or not such appeals have been commenced at the time of discontinuance). (d) Title to any Parcels as to which the Redeveloper has been required to pay the damage award pursuant to this Section and as to which the City has been required to take title shall be conveyed to the Redeveloper. Section 3.7. Conveyance of City Parcels to the Redeveloper. (a) Title. The City shall convey title to and possession of the City Parcels to the Redeveloper under a quit claim deed in the form of the Redevelopment Property Deed contained in Exhibit K. Title to the City Parcels shall be conveyed in the condition of title approved by the Redeveloper pursuant to Section 3.4(b). The conveyance of title to the Redevelopment Property pursuant to the Redevelopment Property Deed shall be subject to all of the conditions, covenants, restrictions and limitations imposed by this Agreement and the Redevelopment Property Deed. At its expense the Redeveloper shall obtain any title insurance it deems necessary. (b) Time of Conveyance. City Parcels acquired by eminent domain shall be conveyed to the Redeveloper as set forth in Section 3 .3(b) by Redevelopment Property Deed. (c) Price and Payment. The Closing or Closings and payment of the purchase price for the City Parcels conveyed in such Closings shall take place at the principal offices of the City. At each Closing, the City agrees to sell and the Redeveloper agrees to purchase each City Parcel being conveyed for a purchase price equal to the sum of all the amounts paid or deposited by the Redeveloper in connection with the acquisition of such City Parcel pursuant to Sections 3.2 through 3.5. (d) Survey and Title Evidence. The City agrees to provide the Redeveloper with any survey, title commitment, title insurance policy, registered property abstract, or other title material in the City's possession. 13