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Design & Construction Specifications - Town of Kernersville

Design & Construction Specifications - Town of Kernersville

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forth in Exhibit B attached and any subsequent modifications or additions thereto, the WatershedAdministrator <strong>of</strong> the <strong>Town</strong> shall notify the Property Owner in writing <strong>of</strong> such violations. If theviolations are not corrected within thirty (30) days <strong>of</strong> the receipt <strong>of</strong> notice violation, the WatershedAdministrator may declare the Property Owner in default by mailing to the Property Owner a Notice <strong>of</strong>Default or by other- wise notifying the Property Owner <strong>of</strong> the default by methods allowed under Rule 4<strong>of</strong> the North Carolina Rules <strong>of</strong> Civil Procedure. Upon service <strong>of</strong> the Notice <strong>of</strong> Default. The <strong>Town</strong> mayenter the property and make such repairs to the stormwater control structure(s) as to bring theproperty in compliance with the Operation and Maintenance Agreement. The cost <strong>of</strong> such repairs shallconstitute a lien upon the real property described in the attached Exhibit A. Upon service <strong>of</strong> Notice <strong>of</strong>Default, the <strong>Town</strong> may enter the property and take such corrective measures as are required to bringthe engineered stormwater controls in compliance with the Operation and Maintenance Agreement(Exhibit B attached). The <strong>Town</strong> may employ the services <strong>of</strong> a licensed pr<strong>of</strong>essional engineer toevaluate the stormwater control structure(s) and to develop plans and specifications <strong>of</strong> correctiveactions necessary. All costs incurred by the <strong>Town</strong> to bring the stormwater control structure(s) intocompliance, including all engineering costs and reasonable attorney fees shall be assessed under theterms <strong>of</strong> this lien against the Property Owner, as a lien upon the real property described in theAttached Exhibit A.3. ENFORCEMENT OF LIEN - In the event that the Property Owner is in default as definedin Paragraph 2 above, the <strong>Town</strong> may file suit in the District Court <strong>of</strong> Forsyth County to enforce thislien. Upon receipt <strong>of</strong> a Judgment in its favor, the <strong>Town</strong> may satisfy the same by selling the realproperty described in the attached Exhibit A at public sale in the manner prescribed under Article 29A<strong>of</strong> Chapter 1 <strong>of</strong> the General Statutes <strong>of</strong> the State <strong>of</strong> North Carolina.4. SUBORDINATION - Upon the request <strong>of</strong> the Property Owner, the <strong>Town</strong> shallsubordinate this lien to the first deed <strong>of</strong> trust which encumbers the real property described in theattached Exhibit A, provided that the Watershed Administrator <strong>of</strong> the <strong>Town</strong> first certify that as <strong>of</strong> thedate <strong>of</strong> the subordination the Property Owner is in full compliance with all requirements <strong>of</strong> theMaintenance and Operation Agreement set forth in the attached Exhibit B. This lien shall maintain nolower than second priority and upon the execution here<strong>of</strong> the Property Owner shall submit unto theWatershed Administrator an opinion <strong>of</strong> title <strong>of</strong> a licensed attorney certifying that no lien exists superiorin priority to this lien except that which shall be subject to the subordination agreement contemplatedherein, save and except Ad Valorem taxes which are due but not currently payable.5. BANKRUPTCY - In the event that the Property Owner or any successor in interest shallbe subject to a bankruptcy petition or shall make a general assignment for the benefit <strong>of</strong> creditors orshall have a receiver appointed, the <strong>Town</strong> may elect to declare the Property Owner in default <strong>of</strong> thislien and may proceed with enforcement <strong>of</strong> the lien as provided in Paragraph 3 herein.6. GENERAL PROVISIONS -(a) Modification <strong>of</strong> this Agreement shall be in writing, signed, duly executed by theparties hereto, and kept on file with the original agreement.(b) Any <strong>of</strong>fer, notice, election, or other communication, which any party heretomay be required or desire to give to any other party, shall be in writing and shall beconsidered delivered when deposited in the United State's mail, certified with postageprepaid, addressed to the last known address <strong>of</strong> the parties as shown below:<strong>Town</strong> <strong>of</strong> <strong>Kernersville</strong>134 East Mountain Street<strong>Kernersville</strong>, NC 27284__________________________________________________________________________________________(c) The parties agree that the terms and provisions <strong>of</strong> this Agreement shall bebinding upon, and inure to the benefit <strong>of</strong>, the parties, their heirs, executors,administrators, successors in interest and assigns.

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