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12. Time is of the Essence. Time is hereby declared of the essence as to the lawful <br />performance of all duties and obligations set forth in this Agreement. <br />13. Compliance and Assignment. Developer agrees that it, and its successors and <br />assigns, will abide by the provisions of this Agreement, and the City's Land Development Code. <br />Developer may assign its interest to a successor developer so long as the successor developer <br />complies with the terms and conditions of this Agreement <br />Remainder of this pal4e intentionally left blank. <br />Page 5 <br />ORLDOCS 14630811 3 42471.0001 <br />