Orange County NC Website
• <br /> • <br /> . . <br /> . - <br /> .111 <br /> • <br /> . . <br /> • <br /> • ._ <br /> • <br /> 5. Upon any breach or violation of this agreement the Government may, at its option–– • . <br /> ' . <br /> . . . <br /> (a) Terminate or refuse to render or continue financial assistance to Recipient or for the aid of the property, facility, <br /> 'project, service,or activity. - <br /> . ' <br /> (b) In case of a loan, accelerate the maturity of the indebtedness. . . <br /> , <br /> • . <br /> - • - . <br /> (c) Appoint a receiver, or have a receiver appointed, to take possession of and administer the aided facility or activity • <br /> in order to secure compliance with this agreement and the regulations. For this purpose Recipient hereby appoints <br /> the Government its agent and attorney-in-fact with power, in event of such breach or violation, so to take possession <br /> of and administer or to appoint such receiver. This appointment is coupled with an interest and shall be irrevocable ' <br /> while the obligations of this agreement continue. , <br /> • . . • . • • . <br /> . . . . <br /> -• (d) Enforce this agreement by suit for specific performance or by any other available remedy under the laws of the--„:„. <br /> United States or the State in which the breach or violation occurs. <br /> -. <br /> . • <br /> . . . <br /> . . .... .. . ._ • . .• • - ,. .. <br /> Rights and remedies provided for under this shall be cumulative. . ' .. - ,.. .... ,.. •-•... . . . , : - .. - <br /> . .. <br /> . — . - • - - <br /> In witness whereof Recipient, on this; the date first above written, has caused this agreement to be executed by its duly <br /> authorized officers and its seal affixed hereto, or,if a natural person,has hereunto set Recipient's hand and seal. <br /> • - <br /> • . . <br /> • <br /> . . . <br /> . • • • - - . . • <br /> . - . • - <br /> . . . <br /> • • , <br /> • . <br /> • • <br /> • <br /> ' - •.. . - - <br /> . • . - - . <br /> . . ' .. <br /> •• - • <br /> . - .- • . <br /> • ., <br /> . • - • • <br /> • .. <br /> ‘ - <br /> _ 1-1 <br /> ■ , <br /> I \ 0.4X 1• <br /> (S E A L) AN -- . 1 <br /> • . <br /> R ecipient - <br /> -.. . <br /> i i e ,, <br /> Attest: At' , __ _ ,411!°." 441 , 4 ..... By Chair, Orange County Board- of. Commissioners <br /> (Title) <br /> (Title) <br /> • . .. . . . <br /> – --.-- <br /> . _ R ecipient . <br /> . ... . _ . • <br /> ' . . <br /> .. . <br /> - ' <br /> . . . . ' <br /> - -• . R ecipient .•• - <br /> : <br /> _. . . _. . . . - • <br /> • _ <br /> . . <br /> - • • <br /> . . <br /> •_ . . <br /> - 1 <br /> • ' <br /> • <br /> • . <br /> . I I <br /> CP 0 815-746 <br /> .:• <br /> * <br /> • <br /> .( <br /> • <br /> - - <br />