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which the Default relates, the purpose of this provision being that, <br />by assuming the Town's rights, title, and interest in said house(s), <br />contracts, and funds, the Corporation will have the right and ability <br />to fulfill the goals espoused by this Agreement as to the Low - income <br />House(s) to which the Default relates. If such assignment occurs, the <br />Corporation will attempt to mitigate its damages by using good faith <br />efforts to perform the obligations of the Town required prior to said <br />assignment and /or conveyance as to the Low- income House(s) to which <br />the Default relates. Notwithstanding the foregoing, if the <br />Corporation opts to require the Town to assign to it all of the Town's <br />right, title, and interest in and to all contracts involving the <br />Low- income House(s) to which the Default relates, the Town shall be <br />entitled to collect from the Corporation upon the Corporation's <br />receipt thereof the Town's share of the principal balance due pursuant <br />to the terms of the Loan Documents and this Agreement, namely, at each <br />resale of said Low - income House(s), the Town shall receive that <br />portion of its $14,000.00 a.oan which is not reinvested pursuant to the <br />terms of Paragraph VII.B. and Exhibit 0. <br />The Corporation shall be in Default if it fails or refuses to <br />comply with any of the provisions required to be performed by it <br />pursuant to the terms of this Agreement. If the Corporation is in <br />Default, which Default is not cured, ended, or remedied within 30 <br />calendar days of written notice to the Corporation specifying in <br />detail such Default and requesting the Corporation to cure, end, or <br />remedy the Default, the Town may pursue and enforce against the <br />Corporation any remedies available to it in law and in equity; <br />provided, however, that, if the Default is not susceptible of being <br />- 29 - <br />