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029,682 <br /> <br />DEVELOPER <br /> <br /> PalEEM INVESTmeNT GROUP <br /> 5820 Stoneridge Mall Road <br /> Suite 300 <br /> Pleasanton, CA 94566 <br /> <br /> ASSIGNEE: DEVCON DEVELOPMENT, INC. <br /> 425 Lakeside Drive <br /> Sunnyvale, CA 94086 <br /> <br /> Any notification required to be made by the City Engineer <br />shall also be sent to the party shown as the property owner <br />on the latest equalized assessor's roll. Any~party or <br />successor in interest may change the foregoing address by <br />giving notice of a new address to each other party in the <br />manner herein provided. NotiCe shall be considered received <br />two days after the time of mailing. <br /> <br />XIo SUCCESSORS IN INTEREST <br /> <br /> This agreement shall run with the land and be binding <br /> <br />upon any and all heirs, assigns, and successors in interest <br />of Developer having an interest in the property described in <br />Exhibit "A". <br />XII. RECORDATION <br /> <br /> This agreement ~hall be recorded in the office of the <br />County Recorder of Alameda County. Upon Developer's completion <br />of its obligations described herein, the City shall execute <br />a recordable instrument to eliminate this agreement as an <br />exceptign to title of the project site. <br />XIII. SUBORDINATION OF AGREEMENT <br /> <br /> Except to the extent assessment or benefit districts <br /> <br />are imposed upon the project site in accordance with California <br />Law, this agreement shall be subordinate to any deed of <br /> <br />-7- <br /> <br /> <br />