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3 <br />SEVERABILITY. In the event any provision of this Agreement shall be held invalid or <br />unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render <br />unenforceable any other provision hereof. <br />AMENDMENTS, CHANGES AND MODIFICATIONS. This Agreement may be <br />amended or any of its terms modified or changed only by a written amendment authorized and <br />executed by the City and then Owner of the Real Property. <br />APPLICABLE LAW. This Agreement shall be governed by and construed in accordance <br />with the laws of the State of Minnesota. <br />DEFAULT. If a party to this Agreement materially defaults in the due and timely <br />performance of any of its covenants, or agreements hereunder, the other party(s) may give notice of <br />default of this Agreement. The notice shall specify with particularity the default or defaults on <br />which the notice is based. The notice shall specify a 10 day cure period within which the specified <br />default or defaults must be cured. If the specified defaults are not cured within the cure period, the <br />other party(s) may pursue all remedies and sanctions available at law and in equity, including <br />specific performance.