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81--~U~73~ be cured within thirty (:i0) days after the date of written demand by the Redeveloper; or (b) the Redeveloper shall, after preparation of Construction Plans satisfactory to the ~~gency, furnish evidence satisfactory to the Agency that it has been unable, after and despite diligent effort for a period of sixty (60} days after approval by the Agency of the Construction Plans, to obtain mortgage financing for the construction of the Improvements on a basis and on terms that would generally be considered sa*_isfactory by builders or eontractoss for improvements of the nature and type provided in such Construction Plans, and the Redevelopment shall, after having submitted such evidence and if so requested by the Agency, continue to make diligent efforts to obtain such financing for a period of sixty (fi0) days after such request, but without stucess, Chen the Agreement shall, at the option of the Redeveloper, be terminated by wrlttea notice thereof to the Agency, amd, except with respect to the return of the Deposit as provided in Paragraph (e), Section 3 of Part 1 hereof, neither the Agency nor the Redeveloper shall have any further rights against or liability tc the other under the Agreement. SEC. 703. Termination br Agency Prior to Gonvevance. In the event that (a) prior to conveyance of the Property to the Redeveloper and in violation of the Agreement (i) the Redeveloper (or any successor in interest) assigns or attempts to assign the Agreement or any rights therein, or in the Property, or (ii} there is any change in the ownership or distribution of the stock of the Redeveloper or with respect to the identity of the parties in control of the Redeveloper or the degree thereof; or (b) the Redeveloper does not submit Construction Plans, as required by the Agreement, or {axcegt ag excused under subdivision (b) of Section 70? hereof) evidence that iC has the necessary equity capital and mortgage financing, in satisfactory form and is the aanzsar and by the dates respectively provided in the AYt Cra€ur; or (c} the Redeveloper does not pay the Purchase Frice and take title to the Property upon tender of conveyance by the Agency pursuant to the Agreement, and if any defaulC or failure referred to in subdivis:tons (b) and (c} of this Section 703 shall not be cured within thirty (30) days after the date of written demand by the Agency, LS -