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• the default ; and (c) the actions required to cure the default . If , within 30 days after receipt of said notice, the HRA commences the actions necessary to cure the default (and cures the default within 6 months after receipt of said notice) , then the Mortgagee shall pursue none of its remedies under the Mortgage based upon the default . In the event of a transfer of title to the Redevelopment Property to the HRA, or a third party approved by the HRA, whether or not required to cure a default under the Mortgage, said transfer shall not constitute an event of default or cause an acceleration of the indebtedness under the Mortgage. In the event of said transfer, the Mortgagee shall permit the transferee to assume all outstanding obligations (and receive all remaining disbursements) under the Mortgage. ARTICLE VIII Prohibitions Against Assignment and Transfer Section 8 . 1 Representation as to Redevelopment . The Redeveloper represents and agrees that its purchase of the Redevelopment Property, and its other undertakings pursuant to the Agreement are., and will be used, for the purpose of redevelopment of the Redevelopment Property. The Redeveloper further recognizes that a transfer of a controlling interest in • the Redeveloper or any other act or transaction resulting in a significant change in the ownership are of particular concern to the City and the HRA. Section 8 . 2 Transfer of Ownership . Prior to completion of the Minimum Improvements as .certified by the HRA, except in .the case of the death or incompetency of the Guarantors or the general partners of Redeveloper, (a) there shall be no transfer of any interest of a general partner in Redeveloper, (b) nor shall any general partner suffer any such transfer , to be made, (c) nor shall there be or be suffered to be by Redeveloper, any other similarly significant change in the ownership of Redeveloper or in ' the relative distribution thereof , or with respect to the identity of the parties in control of Redeveloper or the degree thereof, by any other method or means , (d) nor shall Guarantors cease to be general partners of Redeveloper . Section 8 . 3 .Transfer of Property and Assignment . Redeveloper (except as expressly authorized in this Agreement) has not made and will not make, or suffer to be made, any total or partial- sale, assignment, conveyance, lease, or other transfer, with respect to this Agreement or the Redevelopment Property or any part thereof or any interest therein, or any contract or agreement to do any of the same, without the prior -18-