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The terms of this paragraph shall survive termination of this <br />Agreement. <br />IX. Assignment. The Town and /or the Corporation may assign its <br />or their rights and obligations hereunder to any North. Carolina <br />nonprofit corporation whose purposes include the promotion, <br />development, improvement, preservation, or sale of housing for Low - <br />and/or very Low- income Persons on condition that, in the case of the <br />Town assigning its rights and obligations, said nonprofit corporate <br />assignee is subject to the control of the Town, under the terms of a <br />performance agreement with the Town, in its exercise of its rights and <br />performance of its obligations hereunder and, if such assignee is <br />unable and /or unwilling to perform the obligations so assigned, the <br />Town's said assignment will provide that it will be null and void and <br />t <br />the Town will resume its duties and obligations as described in this <br />Agreement. <br />X. Town's Duties Regarding a Breach by Buyer. <br />A. Whenever a Auyer breaches his Shared Equity Agreement, <br />the Loan Documents, or the terms of any note and /or deed of trust <br />wherein the Buyer's Low- income House is given as security, the Town <br />will use its best efforts to enforce the terms of the Shared Equity <br />Agreement and Loan Documents so as to promote the full force and <br />effect to the terms thereof and this Agreement, including but not <br />limited to, if reasonable and warranted, suing the Buyer for specific <br />performance and any other lawful causes of action, proceeding to <br />foreclosure as permitted, and /or exercising its option to purchase the <br />Low- income House. <br />- 26 - <br />