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assignees all of its rights, title and interest, and all addenda, modifications and amendments <br /> thereto, in and to the Property described in EXHIBIT A <br /> (2) Assign and transfer to Town, its obligations contained in the Declaration of <br /> Restrictive Covenants, the Development Agreements, and the Orange County Affordable <br /> Housing Bond Program requirements. Said assignment is subject to all terms and conditions <br /> found in the Declaration of Restrictive Covenants, the Development Agreements, and all <br /> addenda, modifications and amendments thereto and shall remain in effect under this assumption <br /> and for any successor Assignor or any successor Assignee who shall assume all duties and <br /> obligations of the original borrower. <br /> [SIGNATURE PAGE TO FOLLOW] <br /> 3 <br />