Declaration of Deed Restrictions between Orange Community Housing Corporation and Orange County

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Section 6. Remedies: Enforceability. If a violation of any of the provisions hereof occurs or is attempted, the Lender and its successors and assigns may institute and prosecute any proceeding at law or in equity to abate, prevent or enjoin any such violation or attempted violation, to compel specific performance hereunder, or to recover monetary damages caused by such violation or attempted violation. The provisions hereof are imposed upon and made applicable to the Land and shall run with the Land and shall be enforceable against the Owner or any other person or entity that has or had an ownership interest in the Development at the time of such violation or attempted violation. No delay in enforcing the provisions hereof as to any breach or violation shall impair, damage or waive the right of any party entitled to enforce the provisions hereof or to obtain relief against or recover for the continuation or repetition of such breach or violation or any similar breach or violation hereof at any later time or times. Section 7. Filing. This Agreement shall be duly recorded in the office of the Register of Deeds for the county in which the Land is located within ten days following its execution. Section 8. Governing Law. This Agreement shall be governed by the laws of the State of North Carolina. Section 9. Amendments. Except as provided in Section 4, this Agreement shall not be amended, revised, or terminated except by a written instrument, executed by the parties hereto or their successors in title, and duly recorded in the office of the Register of Deeds for the county in which the Land is located. Section 10. Notice. Any notice required to be given hereunder shall be given by certified or registered mail, postage prepaid, return receipt requested, at the address specified below, or at such other addresses as may be specified in writing by the parties hereto: Lender: Orange County c/o Housing and Community Development P.O. Box 8181 Hillsborough, NC 27278 ATTN: Director Owner: Orange Community Housing Corporation P.O. Box 307 Carrboro, NC 27510 ATTN: Executive Director Notice shall be deemed given on the third business day after the date of mailing. Section 11. Severability. If any provision hereof shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining portions hereof shall not in any way be affected or impaired thereby.