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U. Compliance with Laws. To the extent applicable, each party hereto agrees to comply <br /> with all laws, ordinances and regulations affecting the Property from and after the date <br /> hereof. Without limiting the generality of the foregoing, HABITAT shall comply with all <br /> federal, state and local laws, regulations and ordinances applicable to the expenditure of <br /> funds provided by the County, to purchase and develop the Property. <br /> V. Publicity; Signage. HABITAT agrees to provide such publicity with respect to the <br /> County's participation in the development of the Property as the County shall reasonably <br /> require. Any signage at the Property shall acknowledge the County's role and <br /> contribution. <br /> W. Counterparts. This Agreement may be executed in one or more counterparts, each of <br /> which shall be deemed an original but all of which together shall constitute on and the <br /> same instrument. <br /> X. No Third Party Rights. The parties hereto covenant and agree that nothing contained in <br /> this Agreement or any act by the County or HABITAT shall be deemed or construed by <br /> the parties or any third party to create any relationship of third party beneficiary, <br /> including third party principal or agent, or to create any right, claim or cause of action <br /> against the County, HABITAT or any of their respective officers, agents or employees by <br /> any third party. <br /> Y. Performance of Government Functions. Notwithstanding anything in this Agreement <br /> which may be to the contrary, nothing contained in this Agreement shall in any way stop, <br /> limit or impair the County from exercising or performing any regulatory, policing or <br /> governmental powers or functions with respect to the Property including, without <br /> limitation, inspection of the Property in the performance of such functions. <br /> Z. Duration of Agreement. This Agreement shall be effective on the date of execution and <br /> shall remain in effect during the period of affordability required by the Act under 24 CFR <br /> Part 92. <br /> IN WITNESS WHEREOF, the parties hereto, intending to be legally bound, have set their hands <br /> and seals on the day and year first above written. <br /> ORANGE COUNTY,NORTH CAROLINA <br /> i� <br /> Bonnie Hammersley, County Mana <br /> ATTEST: <br /> Da Vic( kh� <br /> Clerk to the Board of Commissioners <br /> / 10 <br />